The UAV Market is Projected to Grow from USD 19.3 Billion in 2019 to USD 45.8 Billion by 2025, at a CAGR of 15.5%
The increasing use of unmanned aerial vehicles in commercial and military applications is one of the most significant factors expected to drive the growth of the UAV market. Improvements in flight control systems, owing to the development of sense & avoid technology, are expected to fuel the growth of the UAV market. One of the major challenges for the growth of the UAV market across the globe is the rules and regulations imposed by various government agencies on the use of UAVs in civil & commercial applications.
The North American region is estimated to lead the UAV market in 2019. The US and Canada are key countries considered for market analysis in this region. An increase in the defense expenditure of the US and Canada and the presence of major UAV manufacturers in North America are key factors contributing to the growth of the UAV market in this region.
Key players operating in the UAV market include General Atomics (US), Northrop Grumman (US), Textron (US), Boeing (US), DJI (China), Parrot (France), 3D Robotics (US), and Aeryon Labs (Canada).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 184.108.40.206 Increasing Use of UAVs in Civil & Commercial Applications 220.127.116.11 Growing Use of UAVs in Military Applications 18.104.22.168.1 Increasing Use of UAVs in Life-Threatening Military Missions 22.214.171.124.2 Increasing Use of Modern Warfare Techniques By Defense Forces 126.96.36.199.3 Increasing Use of UAVs as Loitering Munition 188.8.131.52 Increasing Use of UAVs in Advanced Patrolling of Marine Borders 184.108.40.206 Exemptions Made By the Federal Aviation Administration (FAA) to Permit the Use of UAVs in Several Industries 220.127.116.11 Growing Use of UAVs to Counter Terrorism 5.2.2 Opportunities 18.104.22.168 Increased Deployment of UAVs to Carry Out Aerial Remote Sensing 22.214.171.124 Growing Defense Budgets of Major Economies 126.96.36.199 Technological Developments in the Field of Drone Payloads 188.8.131.52 Use of UAVs for Cargo Delivery in Military Operations 5.2.3 Challenges 184.108.40.206 Lack of Proper Air Traffic Management for UAVs 220.127.116.11 Restrictions Imposed on the Commercial Use of UAVs in Various Countries 18.104.22.168 Possible Threats to Safety and Violation of Privacy 22.214.171.124 Issues With Political and Social Acceptability of UAVs 126.96.36.199 Lack of Skilled & Trained Personnel to Operate UAVs 188.8.131.52 Issues With Safety and Security of UAVs
6 Industry Trends 6.1 Introduction 6.2 Technology Trends 6.2.1 Artificial Intelligence in UAVs 6.2.2 3D Printing of UAVs 6.2.3 Use of Advanced Materials in Manufacturing UAVs 6.2.4 Multi-Sensor Data Fusion for UAV Navigation 6.2.5 Cloud computing-based Services 6.2.6 Endurance in UAVs 6.2.7 Development of Superior Computing Technologies for UAVs 6.2.8 Drone Payloads 6.2.9 Wireless Charging 6.2.10 Automated Ground Control Stations 6.2.11 Computer Vision 6.2.12 Machine Learning-Powered Analytics 6.2.13 Connected Drones 6.3 Product Innovations 6.3.1 Drone Taxies Or Passenger Drones 6.3.2 Refueling Drones 6.3.3 Swarm Drones 6.3.4 Spy Drones 6.3.5 Combat Drones 6.3.6 Inflatable Drones 6.3.7 IoT Drones 6.3.8 VTOL UAVs 6.3.9 Thinking Drones 6.3.10 Anti-UAV Defense Systems 6.3.11 Tethered Drones 6.3.12 Fishing Drones 6.4 Industry Use Cases 6.4.1 Inspection of Inaccessible Project Sites 6.4.2 Continuous Data Sharing for Development of Digital Twin Technology 6.4.3 Identification of Anomalous Events Through Predictive Maintenance 6.4.4 High Accuracy Data for Detection of Volumetric Changes 6.4.5 Classification and Identification of Objects of the Insurance Industry 6.4.6 Improvised Payload Capabilities for Mapping & Surveying Industry 6.4.7 Aviation MRO Assistance By External Inspection of Aircraft 6.4.8 Urbanization, Crowd Control, and Traffic Assistance Through Real-Time Data Exchange 6.4.9 Disease Control and Prevention 6.4.10 Aerial Drone Delivery 6.5 UAV Ecosystem 6.5.1 Major UAV Products 6.5.2 Level of Autonomy 6.5.3 Maturity Mapping of Drone Technologies 6.5.4 Maturity Mapping of Commercial Drone Applications 6.5.5 Interconnected UAV Solutions 6.5.6 Country-Wise Drone Regulations 6.5.7 Drone Insurance 6.6 Patent Analysis
7 UAV Market, By System 7.1 Introduction 7.2 UAV Platforms Market, By Subsystem 7.2.1 UAV Airframes, By Material Type 184.108.40.206 Increasing Demand for Light Weight UAVs is Leading to Higher Adoption Composite Material Airframes 220.127.116.11 UAV Alloys 18.104.22.168 UAV Plastics 22.214.171.124 UAV Composites, By Type 126.96.36.199.1 Carbon Fiber Reinforced Polymers 188.8.131.52.2 Glass Fiber Reinforced Polymers 184.108.40.206.3 Boron Fiber Reinforced Polymers 220.127.116.11.4 Aramid Fiber Reinforced Polymers 7.2.2 UAV Avionics, By Component 18.104.22.168 Rising Need for UAVs Equipped With Advanced Flight Control Systems and Communications System Drives Demand for Advanced Avionics 22.214.171.124 UAV Flight Control Systems, By Subcomponent 126.96.36.199.1 UAV Air Data Computers 188.8.131.52.2 UAV Autopilots/Flight Control Computers 184.108.40.206 UAV Navigation Systems, By Subcomponent 220.127.116.11.1 UAV Gps/GNSS 18.104.22.168.2 UAV Ins/Imu 22.214.171.124.3 UAV Sense & Avoid Systems 126.96.36.199 UAV Sensors, By Type 188.8.131.52.1 Speed Sensors 184.108.40.206.2 Light Sensors 220.127.116.11.3 Proximity Sensors 18.104.22.168.4 Position Sensors 22.214.171.124.5 Temperature Sensors 126.96.36.199 UAV Communication Systems 188.8.131.52 Others 7.2.3 UAV Propulsion Systems, By Component 184.108.40.206 Growing Use of Small UAVs in Commercial Applications is Leading to Increased Use of Electric Engines 220.127.116.11 UAV Engines, By Type 18.104.22.168.1 Gas Engines 22.214.171.124.2 Electric Engines 126.96.36.199 UAV Power Sources, By Type 188.8.131.52 UAV Batteries 184.108.40.206.1 Solar Cells 220.127.116.11.2 Hybrid Cells 18.104.22.168.3 Fuel Cells 7.2.4 UAV Software 22.214.171.124 Increasing Use of UAVs in Commercial Applications is Leading to Develop Industry-Specific UAV Software 7.3 UAV Payloads, By Type 7.3.1 UAV Cameras, By Type 126.96.36.199 Use of Thermal and Eo/Ir Cameras By Government & Law Enforcement Agencies for Night Surveillance is Increasing 188.8.131.52 High-Resolution Cameras 184.108.40.206 Multispectral Cameras 220.127.116.11 Hyperspectral Cameras 18.104.22.168 Thermal Cameras 22.214.171.124 Eo/Ir Cameras 7.3.2 UAV CBRN Sensors 126.96.36.199 Development of Advanced Sensors for Armed Forces to Detect Nuclear, Chemical, Biological Crises is on the Rise 7.3.3 UAV Electronic Intelligence Payloads, By Type 188.8.131.52 Wide-Scale Use of Electronic Payloads By Military UAVs in Intelligence Gathering Drives Demand for Them 184.108.40.206 Signal Intelligence 220.127.116.11 Electronic Intelligence 18.104.22.168 Communication Intelligence 22.214.171.124 Telemetry Intelligence 7.3.4 UAV Radar, By Type 126.96.36.199 Increasing Use of Portable Radars By Armed Forces Drives the Market for Them 188.8.131.52 Synthetic Aperture Radar 184.108.40.206 Active Electronically Scanned Array Radar 7.3.5 UAV Lidar 220.127.116.11 Use of Lidar is Increasing in Commercial UAV Applications 7.3.6 UAV Gimbals 18.104.22.168 Higher Adoption of Gimbal-Based Moving Cameras in Photography Applications is Driving Their Demand 7.4 UAV Data Links 7.4.1 Risks Associated With Military Data Transfer is Leading to High Demand for UAV Data Links 7.5 UAV Ground Control Stations 7.5.1 Development of Advanced Military UAVs is Driving the Need for Technologically Advanced Ground Control Stations 7.6 UAV Launch & Recovery Systems 7.6.1 Increasing Use of Catapult-Launched UAVs Drives Demand for Launch & Recovery Systems
8 UAV Market, By Class 8.1 Introduction 8.2 Small UAVs 8.2.1 Advancements in Technology for Miniaturisation of Drones is Leading to Increased Use of Small UAVs in Commercial Applications 8.2.2 Nano UAVs 8.2.3 Micro UAVs 8.2.4 Mini UAVs 8.3 Strategic & Tactical UAVs 8.3.1 Rising Demand for Surveillance and Intelligence Gathering By Military and Law Enforcement Agencies Drives the Market 8.3.2 Close-Range (CR) UAVs 8.3.3 Short-Range (SR) UAVs 8.3.4 Medium-Range (MR) UAVs 8.3.5 Medium-Range Endurance (MRE) UAVs 8.3.6 Low-Altitude Deep Penetration (LADP) UAVs 8.3.7 Low-Altitude Long Endurance (LALE) UAVs 8.3.8 Medium-Altitude Long Endurance (MALE) UAVs 8.3.9 High-Altitude Long Endurance (HALE) UAVs 8.4 Special-Purpose UAVs 8.4.1 Demand for Combat Drones is Increasing in Major Economies Such as China, France, Germany, US, and Australia 8.4.2 Unmanned Combat Aerial Vehicles (UCAVS) 8.4.3 Loitering UAVs 8.4.4 Swarm Drones 8.4.5 Lethal UAVs 8.4.6 Decoy UAVs 8.4.7 Stratospheric UAVs 8.4.8 Exo-Stratospheric UAVs
9 UAV Market, By Vertical 9.1 Introduction 9.2 Military 9.2.1 Intelligence, Surveillance, and Reconnaissance (ISR) 22.214.171.124 Development of Advanced Surveillance UAVs for Military and Government Applications By Major Manufacturers Drives the Market 9.2.2 Combat Operations 126.96.36.199 Use of Combat UAVs to Launch Precision Guided Munitions on Terrorists Launch-pads is Increasing 9.2.3 Battle Damage Management 188.8.131.52 Spending on R&D to Develop Unmanned Aerial Platforms to Reduce Collateral Damage is Increasing 9.3 Commercial 9.3.1 Remote Sensing 184.108.40.206 Development of High-Altitude UAVs is Leading to Increased Use of UAVs in Remote Sensing Applications 9.3.2 Inspection & Monitoring 220.127.116.11 Rising Need for Inspection & Monitoring Activities in Oil & Gas and Mining Industries is Driving Demand for UAVs 9.3.3 Product Delivery 18.104.22.168 Amazon and Dhl Starting Aerial Drone Delivery Services is Resulting Increased Demand for UAVs for Product Delivery 9.3.4 Surveying & Mapping 22.214.171.124 UAVs Equipped With Advanced Payloads are Helping Companies Reduce Operational Costs of Surveying and Mapping 9.3.5 Inspection & Monitoring 126.96.36.199 Growing Need for Aerial Monitoring in Mining Industry Drives the Demand for UAVs 9.3.6 Aerial Imaging 188.8.131.52 Increasing Use of UAVs in the Film Industry and Journalism Drive the Aerial Imaging Segment 9.3.7 Industrial Warehousing 184.108.40.206 The Use of UAVs in Automated Warehousing to Reduce Operational Time is Increasing 9.3.8 Others 9.4 Government & Law Enforcement 9.4.1 Border Management 220.127.116.11 Development of Specialized Products By Major Manufacturers for Border Management Applications is Increasing 9.4.2 Traffic Monitoring 18.104.22.168 Growing Traffic is Leading to Increasing Real-Time Monitoring Using UAVs to Track Accidents 9.4.3 Firefighting & Disaster Management 22.214.171.124 Advancements in UAV Payloads Help Enhance the Monitoring of Forest Fires 9.4.4 Search & Rescue 126.96.36.199 The Use of Small UAVs for Search & Rescue Operations By Local Police Authorities is Rising 9.4.5 Police Operations & Investigations 188.8.131.52 Use of Advanced UAVs in Crime Scene Investigation By Local Police Departments is Driving the Segment 9.4.6 Maritime Security 184.108.40.206 Growing Integration of Surveillance UAVs With Naval Fleets Across the Globe Drives the Market 9.5 Consumer 9.5.1 Prosumers 220.127.116.11 Increasing Use of Flying Cameras for Making Video Contents 9.5.2 Hobbyists 18.104.22.168 Growing Use of Toy Drones for Leisure Activities
10 UAV Market, By Industry 10.1 Introduction 10.2 Defense & Security 10.2.1 Drones have Become an Integral Part of Military and Defense Operations 10.3 Agriculture 10.3.1 Increasing Demand for Crop Monitoring, Inspection, and Pesticide Spraying Applications Resulting in the Growth of UAV Market 10.4 Logistics & Transportation 10.4.1 Postal & Package Delivery 10.4.1.1 Use of Drones in Australia, Germany, Switzerland, and Singapore for Postal Delivery is Expected to Begin 10.4.2 Healthcare & Pharmacy 10.4.2.1 Delivery of Medical Supplies Using Autonomous Aerial Drones is Expected to Commercialize in the Forecast Period 10.4.3 Retail & Food 10.4.3.1 Retail & Food Delivery is Anticipated to Adopt Autonomous Last Mile Delivery Solutions 10.5 Energy & Power 10.5.1 Power Generation 10.5.1.1 Drones Used for Inspection and Maintenance of High-Voltage Transmission and Distribution Lines is Expected to Drive the UAV Market 10.5.2 Oil & Gas 10.5.2.1 Safe and Efficient Maintenance and Inspections By Drones in Oil & Gas Plants Drive the Market for UAV 10.6 Construction & Mining 10.6.1 Data Collection of Construction Site, 3D Mapping, Environmental Management, and Stockpile Management has Resulted in the Adoption of UAV 10.7 Media & Entertainment 10.7.1 Use of UAVs for Live Streaming of Aerial Photography and Videography is Driving the Market 10.8 Insurance 10.8.1 Drone Services Widely Used for Property Review, Damage Inspection, and Insurance Claim Investigations 10.9 Wildlife & Forestry 10.9.1 Specialized Micro Drones Equipped With High-Resolution Cameras Map and Monitor Wildlife 10.10 Academics & Research 10.10.1 Use of UAVs to Examine the Level of Greenhouse Gas Emissions and Monitor Pollution Levels is Increasing
11 UAV Market, By Type 11.1 Introduction 11.2 Fixed-Wing UAVs 11.2.1 Predator and Reaper are the Most Commonly Used Fixed-Wing UAVs in Military Applications 11.3 Fixed-Wing VTOL UAVs 11.3.1 Fixed-Wing VTOL UAVs are Capable of Carrying Heavy Payloads Resulting in Growth of the UAV Market 11.4 Rotary-Wing UAVs 11.4.1 Rotary-Wing UAVs are Used for Search & Rescue Operations, Precision Farming, and Law Enforcement 11.4.2 Single Rotor UAVs 11.4.3 Multi-Rotor UAVs 22.214.171.124 Bicopters 126.96.36.199 Tricopters 188.8.131.52 Quadcopters 184.108.40.206 Octocopters
12 UAV Market, By Range 12.1 Introduction 12.2 Visual Line of Sight UAVs 12.3 Extended Visual Line of Sight UAVs 12.4 Beyond Line of Sight UAVs