The unmanned aerial vehicle market size reached USD 23.60 Billion in 2021 and is expected to register a revenue CAGR of 14.6 % during the forecast period, according to the latest analysis by Emergen Research. Increasing commercial drones application is one of the key factors for driving the market revenue growth. Several industries have authorized the usage of drones to acquire significant amount of data to make the necessary business choices. It has become a rapidly increasing commercial market, with several uses such as construction, mining, oil & gas, and agriculture across the world. The construction sector is projected to provide a significant opportunity for market growth owing to the substantial commercial usage of mapping, observation, surveying, and inspection studies. Significant infrastructure construction projects require factual data to comprehend the ground reality and potential issues in the future. The construction industry is witnessing rapid adoption of drones of all forms and sizes. It is assisting various engineers and specialists in making wiser business decisions by mapping millions of Landsat images and information. The increasing implementation in commercial civil applications is expected to drive the market growth during the forecast period.
The new market research report published by Emergen research, dubbed as ‘Global Unmanned Aerial Vehicle (UAV) Market Forecast to 2027’, entails a profound analysis of the global Unmanned Aerial Vehicle (UAV) industry, highlighting the crucial data and information pertaining to the Unmanned Aerial Vehicle (UAV) market sales and revenue shares. The report endows the reader with a holistic coverage of the Unmanned Aerial Vehicle (UAV) industry, pinpointing the key factors influencing the global market growth in the forthcoming years. The technological developments taking place in the industry, coupled with the current and emerging trends witnessed in the leading regional markets, have also been included in this document.
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Competitive Outlook: The leading companies operating in the Unmanned Aerial Vehicle (UAV) market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Unmanned Aerial Vehicle (UAV) Market and Profiled in the Report are:
Northrop Grumman Corporation, SZ DJI Technology Co. Ltd, AeroVironment, Inc., Elbit Systems Ltd., Lockheed Martin Corporation., BAE Systems PLC., Airbus SE, Textron Inc., Teledyne FLIR LLC, and SaaB AB
Objectives of the Report:
Competitive landscape benchmarking
Analysis of Unmanned Aerial Vehicle (UAV) market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Study of the global Unmanned Aerial Vehicle (UAV) market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Unmanned Aerial Vehicle (UAV) market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Unmanned Aerial Vehicle (UAV) market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
-
Product Outlook (Revenue, USD Billion; 2019–2030)
- Small UAV
- Tactical and Strategic UAV
- Special Purpose UAV
-
Point of Sale Outlook (Revenue, USD Billion; 2019–2030)
- Aftermarket
- OEM
-
Technology Outlook (Revenue, USD Billion; 2019–2030)
- Remotely Piloted
- Optionally Piloted
- Fully Autonomous
Regional Analysis:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Thank you for reading our report. For further queries regarding the report or customization options, please connect with us. Our team will ensure you get a report well-suited to your needs.
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