24/7 Customer Support

Unmanned Aerial Vehicle (UAV) Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2030

Global Unmanned Aerial Vehicle (UAV) Market: By Type (Fixed Wing, Rotary Wing, Hybrid); By Mode of Operation (Remotely Operated, Semi-Autonomous, Fully Autonomous); By Size (Very small UAVs, Small UAVs, Medium UAVs, Large UAVs); By Payload (<25 KG, 25-170 KG, >170 KG); By Industry (Military & Defence, Government & Law Enforcement, Agriculture, Civil & Commercial, Airports, Entertainment & Recreation, Residential, Arts, Others); By Range (Visual Line of Sight, Extended Visual Line of Sight, Beyond Visual Line of Sight) By Region— Industry Dynamics, Market Size, Opportunity and Forecast for 2022–2030

  • Published On: 14-Nov-2022  |  Format: pdfpowerpointexcel  |  Report ID: AA1122328
    Delivery: 2 to 4 Hours

REPORT SCOPE

Report AttributeDetails
Market Size Value in 2021US$ 56.7 Billion
Expected Revenue in 2030US$ 106.03 Billion
Historic Data2017-2020
Base Year2021
Forecast Period2022-2030
UnitValue (USD Bn)
CAGR7.5%
Segments coveredBy Type, By Mode of Operation, By Size, By Payload, By Industry, By Range, By Region
Key Companies                                                                        Boeing, Elbit Systems, Northrop Grumman, Textron Inc., BAE Systems Plc, Autel Robotics, 3D Robotics, General Atomics Aeronautical Systems, DJI Technology, Lockheed Martin Corporation, Saab AB, Israel Aerospace, FLIR Systems, Inc., AeroVironment, Inc., Delair, Yuneec, Holy Stone, Other Prominent Players
Customization ScopeGet your customized report as per your preference. Ask for customization

FREQUENTLY ASKED QUESTIONS

Rotary wing, Fixed wing and Hybrid are the three types of UAVs that are expected to grow substantially in the future.

Major industries that are using UAVs includes military and defence, government & law enforcement, civil & commercial, agriculture, construction & mining, healthcare & social assistance, civilian/ commercial, airports, energy & utilities, and others.

The main benefits of UAVs include cost saving technology, safety and security, support to law enforcement, safe infrastructure maintenance and management, quality aerial imaging, ease of deployment, minimizing danger and health risks, streamlining agriculture management, etc.

UAVs have become an efficient and cost-effective technology solution for a variety of commercial applications, including surveying, surveillance, search and rescue, mapping, monitoring, and aerial photography, among others, as they gain new capabilities for artificial intelligence, data processing and analysis, sensor networking, and drone-to-drone communication.

The Global Unmanned Aerial Vehicle (UAV) Market is projected to grow at a CAGR of 7.5% during the forecast period 2022-2030.

Factor such as increasing demand & adoption of Unmanned Aerial Vehicles (UAVs) across various sectors and risks and danger concerns to human drives the growth in the global Unmanned Aerial Vehicle (UAV) market over the forecast period.

The fixed-wing segment holds the highest CAGR in the Global Unmanned Aerial Vehicle (UAV) market during the forecast period.

The low consumer acceptance rate of Unmanned Aerial Vehicle (UAV) inhibits the growth of the Unmanned Aerial Vehicle (UAV) market during the forecast period.  

Europe holds the major share in terms of revenue in the Global Unmanned Aerial Vehicle (UAV) Market.

The US holds the major share in terms of revenue in the North America Unmanned Aerial Vehicle (UAV) Market.

Growing field of remote sensing (RS) provides a lucrative growth opportunity in the Unmanned Aerial Vehicle (UAV) market.

Type, Mode of Operation, Size, Payload, Industry, Range, and Country are the different segments in the global Unmanned Aerial Vehicle (UAV) market.

DJI Technology, General Atomics Aeronautical Systems, Lockheed Martin Corporation, BAE Systems Plc, and Northrop Grumman among others.