Press release
Global Unmanned Aerial Vehicle (UAV) Market Expected To Grow At CAGR Of 12.7% Between 2017-2021
Unmanned aerial vehicles (UAVs), commonly referred as drones, are aircraft without a human pilot aboard. The flight is controlled either autonomously, or by an onboard computer, or by remote control from the ground or another vehicle. The large-sized remotely pilot aircraft (RPA) are powered by internal combustion engines, while relatively small UAVs are driven by electric motors. Such small electric-powered UAVs are mainly used for military and defense applications, as without combustion, they produce low sound and are, hence, found to be more suitable for spy missions. In addition, there has been an increasing interest in civilian or commercial applications of UAVs, such as aerial photography, agriculture, 3D mapping, and wildlife protection.
Technavios analysts forecast the global UAV market to grow at a CAGR of 12.7% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global UAV market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of UAVs.
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The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global UAV Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
AeroVironment
Boeing
DJI
Elbit Systems
General Atomics Aeronautical Systems (GA-ASI)
Israel Aerospace Industries (IAI)
Northrop Grumman
Other prominent vendors
Aeronautics
Aeyron Labs
Aibotix
BAE Systems
Blue Bear Systems
Entecho
GoPro
Lockheed Martin
Matternet
Parrot
Prox Dynamics
Quest UAV
Safran Electronics & Defense
TASUMA
Xiaomi
Market driver
Growth in global connected cars market
For a full, detailed list, view our report
Market challenge
Spectrum-management issues and SWaP challenges
For a full, detailed list, view our report
Market trend
Growing demand for composite-based UAV landing gears
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Key market highlights
Innovative landscape
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by application
Global UAV market segmentation by application
Global defense UAV market
Global commercial and civil UAV market
PART 07: Market segmentation by UAV type
PART 08: Geographical segmentation
Geographical segmentation of global UAV market
UAV market in Americas
UAV market in EMEA
UAV market in APAC
PART 09: Decision framework
PART 10: Drivers and challenges
Market drivers
Impact of drivers on key customer segments
Market challenges
Impact of challenges on key customer segments
PART 11: Market trends
Growing acceptance of 3D printing technology
Emergence of alternative energy-powered UAVs
Growing demand for composite-based UAV landing gears
Preference for indigenous military UAV development
PART 12: Vendor landscape
Competitive landscape
AeroVironment
Boeing
DJI
Elbit Systems
General Atomics Aeronautical Systems
Israel Aerospace Industries (IAI)
Northrop Grumman
Other prominent vendors
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