Unmanned Aerial Vehicle (UAV) Market Size and Forecast 2019-2024

Posted by Somesh on December 18th, 2019

The Global Unmanned Aerial Vehicles (UAV) Market is estimated to reach USD 36.2 Billion in 2024 at a CAGR of 14.69%. Increase use of UAVs in commercial & civil application, Preference of UAVs in critical military missions, and increased usage in search and rescue operation and less expensive as compared to manned aircrafts is expected to drive the UAV market during the forecast period. However, strict regulations governing the commercial usage of drones in major countries is expected to restrain the market during the forecast period. Boost in defense budget of major economies, potential usage as a cargo delivery method and can be accessed by a wide range of end-users is expected to become an opportunity for UAV market.

Unmanned aerial vehicles (UAV) is an air bone system or an aircraft operated remotely by a human operator or autonomously based on pre-programmed flight plans. UAVs can be controlled by on-board electronic equipment’s or via control equipment from the ground. UAVs are used for observation and tactical planning. Some key players in UAV are 3D Robotics, Inc., AeroVironment, Inc., Airbus S.A.S., BAE Systems. and DJI among others.

Unmanned Aerial Vehicles (UAV) Market Report Synopsis

This market research report offers a comprehensive analysis of key market trends in the global UAV market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. Based on components, the UAV market can be segmented into UAV LiDAR, UAV gimbals, UAV radar, UAV data links, UAV ground control stations, UAV launch & recovery systems, UAV sensors and others. The segmentation by type includes fixed-wing, multi–rotor, single-rotor helicopter and fixed-wing hybrid VTOL. The segmentation by range includes very close range UAVs, close range UAVs, short range UAVs, mid-range UAVs and endurance UAVs. The segmentation by end-user includes agriculture, construction, defence & security, transportation and warehousing, energy, mining, oil & gas extraction, media & entertainment, wildlife & forestry and others. The regional analysis is covered under five major regions such as North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

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Unmanned Aerial Vehicles (UAV) Market Report Scope

The report on the UAV market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Companies Covered

  • 3D Robotics, Inc. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • AeroVironment, Inc.
  • Airbus S.A.S.
  • BAE Systems.
  • DJI
  • ECA GROUP
  • EHANG
  • Elbit Systems Ltd.,
  • FLIR Systems, Inc.
  • General Atomics.
  • Other Key Companies

Unmanned Aerial Vehicles (UAV) Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Unmanned Aerial Vehicles (UAV) Market by Components

  • UAV LiDAR
  • UAV Gimbals
  • UAV Radar
  • UAV Data Links
  • UAV Ground Control Stations
  • UAV Launch & Recovery Systems
  • UAV Sensors
  • Others

Unmanned Aerial Vehicles (UAV) Market, by Type

  • Fixed-Wing
  • Multi-Rotor
  • Single-Rotor Helicopter
  • Fixed-Wing Hybrid VTOL

Unmanned Aerial Vehicles (UAV) Market, by Range

  • Very Close Range UAVs
  • Close Range UAVs
  • Short Range UAVs
  • Mid-Range UAVs
  • Endurance UAVs

Unmanned Aerial Vehicles (UAV) Market, by End User Industry

  • Agriculture
  • Construction
  • Defense & Security
  • Transportation and Warehousing
  • Energy
  • Mining, Oil & Gas Extraction
  • Media & Entertainment
  • Wildlife & Forestry
  • Others

Unmanned Aerial Vehicles (UAV) Market, by Region

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia-Pacific

North America

  • US
  • Canada
  • Mexico

Europe

  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Middle East
  • UAE
  • Saudi Arabia
  • Rest of Middle East

South America

  • Brazil
  • South Africa
  • Rest of South America

Key Questions answered by the report

  • What are the major developments impacting the UAV market and its growth?
  • What will be the effects of the developments in the UAV market on the industry and on the market players in the near and far future?
  • What are the evolving types of the UAV market?
  • What are the evolving applications of UAV market?
  • What are the major characteristics that will affect the UAV market growth during the study period?
  • Who are the key players operating in the UAV market?
  • How are the major players leveraging in the existing market conditions?

Report Audience

  • UAV Market Providers
  • UAV Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of UAV Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms


Table of Contents

1      INTRODUCTION

1.1       Research Objectives

1.2       Market Definition

1.3       Research Scope

1.4       Regional Coverage

1.5       Research Timeline

1.6       Assumptions

1.7       Limitations

2      RESEARCH DESIGN & SCOPE

2.1       Introduction

2.2       Primary Research

2.2.1    Key Industry Expert Insight

2.3       Secondary Research

2.3.1    Vital Data from Secondary Sources

2.4       Market Size Estimation

2.5       Data Validation & Triangulation

3      EXECUTIVE SUMMARY


4
      MARKET DYNAMICS

4.1       Introduction

4.2       Drivers

4.2.1.    Increase Use of UAVs in Commercial & Civil Application

4.2.2.    Preference of UAVs in Critical Military Missions

4.2.3.    Increased Usage in Search and Rescue Operation

4.2.4.    Less Expensive as Compared to Manned Aircrafts

4.3       Restraints

4.3.1    Strict Regulations Governing the Commercial Usage of Drones in Major Countries

4.4       Opportunities

4.4.1    Boost in Defense Budget of Major Economies

4.4.2    Potential Usage as a Cargo Delivery Method

4.4.3    Can Be Accessed by A Wide Range of End-Users

4.5       Challenges

4.5.1    Destructive Weather Conditions

4.5.2    Risk Included for Safety and Violation of Privacy

5      INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS

5.1       Introduction

5.1.1.    Power of Buyers

5.1.2.    Power of Suppliers

5.1.3.    Intensity of Competition

5.1.4.    Challenges of Substitutes

5.1.5.    Challenges of New Entrants

5.2       Macro-Economic Indicators


6
      UNMANNED AERIAL VEHICLE (UAV) MARKET BY COMPONENTS, Market Size in USD Million and Units (2017—2024)

6.1       Introduction

6.2       UAV LiDAR

6.3       UAV Gimbals

6.4       UAV Radar

6.5       UAV Data Links

6.6       UAV Ground Control Stations

6.7       UAV Launch & Recovery Systems

6.8       UAV Sensors

6.9       Others


7
      UNMANNED AERIAL VEHICLE (UAV) MARKET BY TYPE, Market Size in USD Million and Units (2017—2024)

7.1       Introduction

7.2       Fixed-Wing

7.3       Multi–Rotor

7.4       Single-Rotor Helicopter

7.5       Fixed-Wing Hybrid VTOL

8      UNMANNED AERIAL VEHICLE (UAV) MARKET BY RANGE, Market Size in USD Million and Units (2017—2024)

8.1       Introduction

8.2       Very Close Range UAVs

8.3       Close Range UAVs

8.4       Short Range UAVs

8.5       Mid-Range UAVs

8.6       Endurance UAVs

9      UNMANNED AERIAL VEHICLE (UAV) MARKET BY END USER INDUSTRY, Market Size in USD Million and Units (2017—2024)

9.1       Introduction

9.2       Agriculture

9.3       Construction

9.4       Defense & Security

9.5       Transportation and Warehousing

9.6       Energy

9.7       Mining, Oil & Gas Extraction

9.8       Media & Entertainment

9.9       Wildlife & Forestry

9.10     Others

10   UNMANNED AERIAL VEHICLE (UAV) MARKET BY REGION, Market Size in USD Million and Units (2017—2024)

10.1     North America

10.1.1    US

10.1.2    Canada

10.1.3    Mexico

10.2     Europe

10.2.1    Germany

10.2.2    UK

10.2.3    France

10.2.4    Italy

10.2.5    Russia

10.2.6    Rest of Europe

10.3     Asia-Pacific

10.3.1    China

10.3.2    India

10.3.3    Japan

10.3.4    South Korea

10.3.5    Australia

10.3.6    Rest of Asia-Pacific

10.4     Middle East

10.4.1    Saudi Arabia

10.4.2    UAE

10.4.3    Rest of Middle East

10.5     South America

10.5.1    Brazil

10.5.2    South Africa

10.5.3    Rest of South America

11   COMPETITIVE LANDSCAPE

11.1     Introduction

11.2     Market Ranking/Share Analysis of Key Companies

11.3     Company Benchmarking

12   COMPANY PROFILES

12.1     3D Robotics, Inc.

12.1.1    Company Overview

12.1.2    Financial Overview

12.1.3    Products/Solutions/Services Offered

12.1.4    Key Developments

12.1.5    SWOT Analysis

12.2     AeroVironment, Inc.

12.3     Airbus S.A.S.

12.4     BAE Systems.

12.5     DJI

12.6     ECA GROUP

12.7     EHANG

12.8     Elbit Systems Ltd.,

12.9     FLIR Systems, Inc.

12.10 General Atomics.

12.11 Others

13   APPENDIX

13.1     Key Industry Expert Insights

13.2     Primary Discussion Guide

13.3     Customization Options

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Somesh

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Somesh
Joined: December 17th, 2019
Articles Posted: 29

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