Press release
Global Unmanned Helicopter Market Size To Grow At A CAGR Of 15.1% In The Forecast Period Of 2023-2028
Unmanned Helicopter Market Size, Share, Price Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
Forecast CAGR (2023-2028): 15.1%
The global unmanned helicopter market is expected to register growth during the forecast period on account of the rise of interest in unmanned helicopters for remote sensing tasks. Such helicopters offer precise flight control as well as operations in cluttered or windy environments.
Unmanned helicopters are able to fly at low speeds and are cheaper to operate, quick to deploy, and keep operators or pilots away from danger. Such as aspects are expected to positively influence the market growth of unmanned helicopters across the globe over the upcoming years.
With the development of improved warfare techniques as well as battlefield management, the demand for modern and advanced equipment has escalated and the demand for unmanned technologies is expected to increase globally. Various countries across the world have enhanced their expenditure on obtaining the most innovative defence equipment, including unmanned helicopters which is expected likely to boost the unmanned helicopter market growth.
Unmanned Helicopter Industry Definition and Major Segments
Helicopter drones or unmanned helicopters are unmanned aircrafts that operate on similar flight principles as manned helicopters, utilising spinning rotors to create thrust and lift. They can be operated remotely, without need of a pilot or operator within the helicopter. The most popular rotor configuration utilises a single main rotor, plus a tail rotor that offers counter-torque.
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Based on product type, the market is segmented into:
Small (0-20 lbs)
Medium (21-55 lbs)
By application, the market is classified into:
Military
Government Agencies
Industrial
Others
Based on region, the market is divided into:
North America
Latin America
Asia Pacific
Europe
Middle East and Africa
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Unmanned Helicopter Market Trends
Geographically, the North American region is anticipated to drive the unmanned helicopter market growth on account of the growing use of advanced technologies. There is also an increased development of defence structures in the aviation industry in the region. The strong presence of major market players in North America like UAVOS Inc, and Velos Rotors Inc, among others, are likely to increase the market growth of unmanned helicopters in the area over the upcoming years.
The United States is anticipated to register substantial growth in the market of unmanned helicopters with rapid innovations in UAV technology and a rise in demand for unmanned helicopter service. Favourable government regulations for safety and security purposes are expected to further propel the market expansion of unmanned helicopters across the United States.
Meanwhile, the Asia Pacific region is anticipated to gain momentum over the coming years in the unmanned helicopter market growth on account of the surging evolution of technology across the defence sector in countries like China, and India, among others. In Europe, robust growth over the upcoming years is expected due to the increasing availability of ingenious technology-based leasing facilities.
The increasing investments by key market players in developing and adopting machine learning as well as AI (artificial intelligence) to enhance unmanned flight operations are expected to drive the market growth of unmanned helicopter at global level.
Key Market Players
The major players in the global unmanned helicopter market report are Laflamme Aero Inc., Velos Rotors Inc, Schiebel Corporation, CybAero AB, Alpha Unmanned Systems SL, UAVOS Inc., SwissDrones Operating AG, Yamaha Motor Co., Ltd., Steadicopter Ltd., and Flint Hills Solutions LLC, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter's Five Forces Models.
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