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UAV Drones Market Is Expected To Witness A Substantial Rise In Growth And Demand In The Forecast Period 2023-2032
UAV Drones Market
UAV Drones Market Size, Growth Rate, And Forecast
The global UAV drones market size is expected to grow from $26.03 billion in 2022 to $29.93 billion in 2023 at a compound annual growth rate (CAGR) of 15.0%. The UAV drones market size is expected to grow to $52.21 billion in 2027 at a CAGR of 14.9%.
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UAV Drones Market Drivers
Increasing defense spending is expected to propel the growth of the UAV drone market going forward. Defense spending refers to the amount of the federal budget earmarked for defense, including funding for military operations, pay, training, and health care, in addition to maintaining and buying weapons, buildings, and equipment. Defense spending is used for procurement and the purchase of UAV drones which has been a force multiplier for combat around the world.
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UAV Drones Market Segments
• By Product: Fixed-Wing, Rotary Blade, Hybrid
• By Component: Camera, Battery, Propulsion System, Controller, Sensor, Other Components
• By End-Use: Military And Defense, Retail, Construction, Agriculture, Entertainment, Law Enforcement, Other End Uses
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the UAV drones market.
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UAV Drones Market Key Players
Major competitors in the UAV drones market include General Atomics Aeronautical Systems Inc., Northrop Grumman Corporation, SZ DJI Technology Co. Ltd., AeroVironment Inc., Airbus S.A.S., BAE Systems PLC., AiDrones Gmbh, Delta Drone Group, Elbit Systems Ltd., General Atomics, Lockheed Martin Corporation, Yuneec Thales Group, Kasper UAV, senseFly SA, Delair and Hexagon AB.
The Business Research Company's "Global UAV Drones Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The UAV Drones Market Include:
1. Executive Summary
2. UAV Drones Market Characteristics
3. UAV Drones Market Trends And Strategies
4. UAV Drones Market - Macro Economic Scenario
5. UAV Drones Market Size And Growth
……
26. Africa UAV Drones Market
27. UAV Drones Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The UAV Drones Market
29. UAV Drones Market Future Outlook And Potential Analysis
30. Appendix
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