Unmanned Aerial Vehicles (UAV) Market - Global Industry Research and Forecast 2019 to 2024

[Rohit Mane]

Unmanned Aerial Vehicles (UAV) Market: Summary

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 UAV’s in commercial & civil application, Preference of UAV’s in critical military missions, and increased usage in search and rescue operation and less expensive as compared to manned aircraft is expected to drive the unmanned aerial vehicles (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 unmanned aerial vehicles (UAV) market.
Unmanned aerial vehicles (UAV) is an airbone system or an aircraft operated remotely by an human operator or autonomously based on pre-programmed flight plans. UAVs can be controlled by onboard electronic equipments or via control equipment from the ground. UAVs are used for observation and tactical planning.

Unmanned Aerial Vehicles (UAV) Market: Report Synopsis

This market research report offers a comprehensive analysis of key market trends in the global unmanned aerial vehicles (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 unmanned aerial vehicles (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, defense & 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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Key Companies
• 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

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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

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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

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