Report cover image

Drones (UAVs)

Publisher Freedonia Group
Published Jun 17, 2016
Length 217 Pages
SKU # FG15033121

Description

Drones (UAVs)

Growth in the US market for unmanned aerial vehicles (UAVs) or drones will average 10% annually through 2020, reaching $4.4 billion.  Demand will be fueled by robust increases in consumer and commercial sales, supported by innovations that are making drones easier to fly, reduced cost of key subsystems, and new FAA regulations that make it less cumbersome for businesses to operate drones.

This report segments the UAV industry by product, method of vehicle lift, and market.  Data is presented in dollars.  Drone demand and the number of drones in use are also provided in units for each of the major markets, and for drone demand by major vehicle type.

Products include:
Vehicles
Payloads and parts
Ground stations and controls

Vehicles will remain the largest of these in 2019, accounting for 68% of the dollar total, although demand for payloads will climb at a faster pace.

The methods of vehicle lift are:
Fixed wing
Rotorcraft (or rotary wing)
Hybrid and other (principally lighter-than-air)


Fixed wing aircraft accounted for 77% of the dollar sales in 2015.  However, quadcopters and other rotorcraft dominate demand in unit terms because of their popularity in consumer and commercial markets.

The three major markets are:
Commercial
Consumer
Government (military, and other federal, state, and local)

The military was by far the largest market for drones in 2015 in dollar terms, accounting for 73% of demand.  In unit terms, however, the consumer market dominates.  Although it is currently small, the commercial market for drones will expand the fastest through 2019, because of the operating efficiencies and cost savings that UAVs can provide.

More than 100 drone manufacturers are active in the US market.  Notable producers include AeroVironment, Boeing, General Atomics, Kratos Defense & Security Systems, Northrop Grumman, Parrot, SZ DJI Technology, Textron, and Yuneec International.

Table of Contents

217 Pages
  • INTRODUCTION
    • DRONE SUPPLY & DEMAND
    • General
    • Economic Environment
    • Demographic Trends
    • Aerospace Equipment Industry Outlook
    • Government Investment Expenditures
    • Personal Income & Expenditure Outlook
    • Public Safety Environment
    • Legal & Regulatory Environment
    • General
    • Supply & Demand
    • Drones in Use
    • Historical Market Trends
    • Pricing Patterns
    • Technological Trends
    • International Environment
    • General
    • Demand by Product Type
    • Demand by Method of Vehicle Lift
    • General
    • Government
    • Civilian
    • General
    • Industry Composition
    • Market Share
    • Research & Product Development
    • Manufacturing
    • Marketing
    • Distribution
    • Cooperative Agreements
    • Mergers, Acquisitions, & Divestitures
    • Company Profiles
    • Other Companies Mentioned in Study
How Do Licenses Work?
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.