KEY FINDINGS
The Asia-Pacific unmanned aerial vehicle market growth is estimated to progress at a CAGR of 10.62% during the forecast period, 2021-2028. The growing geopolitical tensions among the region's countries and rising military budgets have increased the demand for UAVs. China and India are among the major spenders in the region in terms of military hardware.
MARKET INSIGHTS
The Asia-Pacific unmanned aerial vehicle market growth assessment includes the analysis of South Korea, India, Japan, Australia & New Zealand, Thailand, Vietnam, Indonesia, China, and Rest of Asia-Pacific. In Japan, the market growth is driven by the surging use of UAVs for monitoring agricultural lands and crop inspection. Drones can minimize agricultural work and promote data-based agriculture. This has raised their adoption among farmers operating their agricultural operations in the country's rural and urban provinces. Also, the country's agriculture ministry mandates the registration of unmanned aerial helicopters that spray fertilizers, seeds, and pesticides, with an official government organization. Drones, at present, are used for the geological analysis of paddy fields, crop growth management, and pesticide spraying.
In Vietnam, UAVs for civilian purposes like environmental surveys, forest fire-prevention, and scientific research are on the rise. Also, the capabilities and quality of 'made-in-Vietnam' UAVs have improved significantly. At the same time, military UAVs are a novel phenomenon in the country. Though their application is rising, they are majorly used for surveillance, border patrols, training, and search & rescue. Such factors drive market growth in these countries.
COMPETITIVE INSIGHTS
Textron Inc, The Boeing Company, Thales Group, Parrot SA, Saab AB, SZ DJI Technology Co Ltd, etc., are among the leading market players.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
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TABLE OF CONTENTS
1. RESEARCH SCOPE & METHODOLOGY
1.1. STUDY OBJECTIVES
1.2. SCOPE OF STUDY
1.3. METHODOLOGY
1.4. ASSUMPTIONS & LIMITATIONS
2. EXECUTIVE SUMMARY
2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW
3. MARKET DYNAMICS
3.1. PARENT MARKET ANALYSIS: UNMANNED VEHICLE MARKET
3.2. KEY DRIVERS
3.2.1. GROWING APPLICATION OF UAVs FOR COMMERCIAL USE
3.2.2. ADOPTION OF UAVs FOR AERIAL REMOTE SENSING
3.2.3. HIGH INCIDENCES OF TERRORISM
3.3. KEY RESTRAINTS
3.3.1. REGULATORY POLICIES & ISSUES RELATED TO UAVS
3.3.2. LACK OF SKILLED WORKFORCE
3.3.3. SIGNIFICANT CONCERNS REGARDING POLITICAL ACCEPTABILITY
4. KEY ANALYTICS
4.1. IMPACT OF COVID-19 ON UNMANNED AERIAL VEHICLE MARKET
4.2. KEY MARKET TRENDS
4.3. PORTER'S FIVE FORCES ANALYSIS
4.3.1. BUYERS POWER
4.3.2. SUPPLIERS POWER
4.3.3. SUBSTITUTION
4.3.4. NEW ENTRANTS
4.3.5. INDUSTRY RIVALRY
4.4. OPPORTUNITY MATRIX
4.5. VENDOR LANDSCAPE
4.6. KEY BUYING CRITERIA
4.6.1. PRICE
4.6.2. APPLICATION
4.6.3. BATTERY LIFE
4.6.4. CONTROLLABLE RANGE
4.7. REGULATORY FRAMEWORK
5. MARKET BY TYPE
5.1. SMALL UAV
5.1.1. FIXED WING
5.1.2. ROTARY
5.2. LARGE UAV
5.2.1. STRATEGIC
5.2.2. TACTICAL
5.2.3. SPECIAL-PURPOSE
6. MARKET BY END-USER
6.1. COMMERCIAL
6.1.1. HOBBYIST
6.1.2. INFRASTRUCTURE
6.1.3. TRANSPORT
6.1.4. INSURANCE
6.1.5. MEDIA AND ENTERTAINMENT
6.1.6. TELECOMMUNICATION
6.1.7. AGRICULTURE
6.1.8. MINING
6.1.9. OIL AND GAS
6.1.10. ENVIRONMENTAL
6.2. MILITARY
6.2.1. ISR
6.2.2. COMBAT TARGETING
6.3. HOMELAND SECURITY
6.3.1. BORDER SECURITY & SURVEILLANCE
6.3.2. POLICE INVESTIGATION
6.3.3. TRAFFIC MONITORING
6.3.4. SEARCH & RESCUE
6.3.5. DISASTER MANAGEMENT
7. GEOGRAPHICAL ANALYSIS
7.1. ASIA-PACIFIC
7.1.1. KEY GROWTH ENABLERS
7.1.2. KEY CHALLENGES
7.1.3. KEY PLAYERS
7.1.4. COUNTRY ANALYSIS
7.1.4.1. CHINA
7.1.4.2. JAPAN
7.1.4.3. INDIA
7.1.4.4. SOUTH KOREA
7.1.4.5. INDONESIA
7.1.4.6. THAILAND
7.1.4.7. VIETNAM
7.1.4.8. AUSTRALIA & NEW ZEALAND
7.1.4.9. REST OF ASIA-PACIFIC
8. COMPETITIVE LANDSCAPE
8.1. KEY STRATEGIC DEVELOPMENTS
8.1.1. MERGERS & ACQUISITIONS
8.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
8.1.3. PARTNERSHIPS & AGREEMENTS
8.1.4. BUSINESS EXPANSIONS & DIVESTITURES
8.2. COMPANY PROFILES
8.2.1. 3D ROBOTICS INC
8.2.2. AEROVIRONMENT INC
8.2.3. AERONAUTICS LTD
8.2.4. BAE SYSTEMS INC
8.2.5. ELBIT SYSTEMS LTD
8.2.6. GENERAL ATOMICS AERONAUTICAL SYSTEMS INC
8.2.7. ISRAEL AEROSPACE INDUSTRIES
8.2.8. LOCKHEED MARTIN CORPORATION
8.2.9. NORTHROP GRUMMAN CORPORATION
8.2.10. PARROT SA
8.2.11. SAAB AB
8.2.12. SZ DJI TECHNOLOGY CO LTD
8.2.13. TEXTRON INC
8.2.14. THALES GROUP
8.2.15. THE BOEING COMPANY
1. 3D ROBOTICS INC
2. AEROVIRONMENT INC
3. AERONAUTICS LTD
4. BAE SYSTEMS INC
5. ELBIT SYSTEMS LTD
6. GENERAL ATOMICS AERONAUTICAL SYSTEMS INC
7. ISRAEL AEROSPACE INDUSTRIES
8. LOCKHEED MARTIN CORPORATION
9. NORTHROP GRUMMAN CORPORATION
10. PARROT SA
11. SAAB AB
12. SZ DJI TECHNOLOGY CO LTD
13. TEXTRON INC
14. THALES GROUP
15. THE BOEING COMPANY
