KEY FINDINGS
The global unmanned aerial vehicle market is estimated to record a CAGR of 9.97% during the forecast period, 2021-2028. The rising adoption of UAVs for commercial use, high incidence of terrorism, and growing use of UAVs for aerial remote sensing promote market growth.
MARKET INSIGHTS
Unmanned aerial vehicles (UAV) do not require the onboard presence of pilots. They comprise a ground control station, sensor payloads, and aircraft components. They can be regulated by control equipment from the ground or onboard electronic equipment.
UAVs, as remote sensing platforms, is an essential means to acquire spatial data. Their advantages include cost-effective, real-time feeds, and high resolution. They are a supplement of airborne remote sensing and space-borne remote sensing. They are vastly adopted for aerial remote sensing of geological disasters, flood disasters, land supervision, meteorology disaster, and surveying & mapping, etc. Moreover, the use of UAVs for aerial remote sensings like video cameras, digital cameras, hyperspectral sensors, and laser scanners offer a vast range of applications. These include environmental and territorial data and monitoring of technological infrastructure and networks. Such aspects have increased UAVs' adoption as remote sensing platforms, which drives the overall UAV market growth. However, the lack of a skilled workforce, significant political acceptability concerns, and UAV regulatory policies & issues hinder the market growth.
REGIONAL INSIGHTS
The global unmanned aerial vehicle market growth evaluation includes the analysis of Europe, Asia-Pacific, North America, and Rest of World. North America is projected to dominate the global market due to the presence of a large number of companies and the growing defense expenditure.
COMPETITIVE INSIGHTS
The intense competitive rivalry is attributed to new product developments and increasing expansions. Aerovironment Inc, Elbit Systems Ltd, 3D Robotics Inc, BAE Systems Inc, Aeronautics 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
'
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. NORTH AMERICA
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. UNITED STATES
7.1.4.2. CANADA
7.2. EUROPE
7.2.1. KEY GROWTH ENABLERS
7.2.2. KEY CHALLENGES
7.2.3. KEY PLAYERS
7.2.4. COUNTRY ANALYSIS
7.2.4.1. UNITED KINGDOM
7.2.4.2. GERMANY
7.2.4.3. FRANCE
7.2.4.4. ITALY
7.2.4.5. RUSSIA
7.2.4.6. BELGIUM
7.2.4.7. POLAND
7.2.4.8. REST OF EUROPE
7.3. ASIA-PACIFIC
7.3.1. KEY GROWTH ENABLERS
7.3.2. KEY CHALLENGES
7.3.3. KEY PLAYERS
7.3.4. COUNTRY ANALYSIS
7.3.4.1. CHINA
7.3.4.2. JAPAN
7.3.4.3. INDIA
7.3.4.4. SOUTH KOREA
7.3.4.5. INDONESIA
7.3.4.6. THAILAND
7.3.4.7. VIETNAM
7.3.4.8. AUSTRALIA & NEW ZEALAND
7.3.4.9. REST OF ASIA-PACIFIC
7.4. REST OF WORLD
7.4.1. KEY GROWTH ENABLERS
7.4.2. KEY CHALLENGES
7.4.3. KEY PLAYERS
7.4.4. COUNTRY ANALYSIS
7.4.4.1. LATIN AMERICA
7.4.4.2. MIDDLE EAST AND AFRICA
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
