UAV Propulsion System Market Business Advancements,COVID-19 Impac,Global Analysis, Technology, Business Analysis, Business Trend ,size, share -2027

Market Forecast
UAV Propulsion System Market is projected to be valued at USD 12.52 Billion by 2025, expanding at a CAGR of 12.6% between 2019 and 2025.
The increasing use of UAVs for countering internal and external security threats is primarily driving the growth of the market. Furthermore, increasing demand for UAVs for border monitoring is driving the growth of the market.
Market USP
The growing demand for UAVs by the defense agencies for tactical missions is expected to boost the demand for advanced UAV propulsion systems.
Growth Opportunities in the Market
• Electric propulsion system segment accounted for the largest market share in 2018: The electric propulsion system segment is also expected to grow at the highest CAGR during the forecast period from 2019 to 2025. The growth can be attributed to the high utilization of electric propulsion system in UAVs. This is because the electric propulsion system creates less noise, weighs less, and requires less maintenance.
• Long-range segment is expected to witness a higher growth in the market: The long-range segment is expected to grow at a higher CAGR during the review period. This is due to the increasing demand for UAVs with high endurance by the military and commercial end-users and high investments in the development of long-range UAV propulsion systems.
• Commercial segment is expected to register the highest growth in the market: The commercial segment is expected to grow at the highest CAGR during the review period. This is due to the increasing use of UAVs for commercial applications such as mapping & surveying, climate & pollution monitoring, and recreational photography and videography among others.

Key Players
• 3W International GmbH (Germany)
• Austro Engine GmbH (Germany)
• Ballard Power Systems Inc. (US)
• GE Aviation (US)
• Hirth Engines GmbH (Germany)
• LaunchPoint Technologies Inc. (US)
• Orbital Corporation (US)
• Rotron Power Ltd (UK)
• Safran SA (France)
• Sky Power GmbH (Germany)
• UAV Engine Ltd (US)
• UAV Propulsion Tech (US)
• UAV Turbines, Inc. (US)
• United Technologies Corporation (US)

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/uav-propulsion-system-market-8526

WantStats Research and Media Pvt. Ltd. Office No. 528, Amanora Chambers Pune -, 411028 Maharashtra, India

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. MRFR’s approach combines the proprietary information with various data sources to give an extensive understanding to the client about the latest key developments, expected events and also about what action to take based on these aspects.

Our fast growing industry research firm is backed by a proficient team of research analysts that offers valuable analytics and data with respect to technological and economical advancements. Our deemed analysts perform industrial visits and procure the relevant information from prominent market players. Our key objective is to keep our clients abridged of the potential opportunities and challenges in different markets. We provide step-by-step assistance to our respected clients, via strategic and consulting services to reach a managerial and actionable decision.

This release was published on openPR.