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UAV Market Soaring to $70.91 Billion by 2030 : Insights from Allied Market Research

04-09-2024 04:19 PM CET | Aerospace & Defense

Press release from: Allied Market Research

Unmanned Aerial Vehicle (UAV) Market Size

Unmanned Aerial Vehicle (UAV) Market Size

According to a recent report published by Allied Market Research, titled, "Unmanned Aerial Vehicle (UAV) Market by Type, Application, and Weight: Global Opportunity Analysis and Industry Forecast, 2021-2030," the global unmanned aerial vehicle market was valued at $24.72 billion in 2020, and is projected to reach $70.91 billion by 2030, registering a CAGR of 11.7%. North America was the highest revenue contributor, accounting for $9.80 billion in 2020, and is estimated to reach $24.22 billion by 2030, with a CAGR of 10.0%. Asia-Pacific is estimated to reach $21.34 billion by 2030, at a significant CAGR of 15.6%.

โ˜‘๏ธ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ - https://www.alliedmarketresearch.com/unmanned-aerial-vehicle-market/purchase-options

The growth of the global unmanned aerial vehicle (UAV) market is driven by surge in the use of the unmanned aerial vehicle (UAV) solutions for the military, law enforcement and commercial & civil applications.

๐“๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐จ๐Ÿ๐Ÿ๐ž๐ซ๐ฌ ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ฎ๐ง๐ฆ๐š๐ง๐ง๐ž๐ ๐š๐ž๐ซ๐ข๐š๐ฅ ๐ฏ๐ž๐ก๐ข๐œ๐ฅ๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ (๐”๐€๐•) ๐›๐š๐ฌ๐ž๐ ๐จ๐ง ๐ญ๐ฒ๐ฉ๐ž, ๐š๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง, ๐ฐ๐ž๐ข๐ ๐ก๐ญ, ๐š๐ง๐ ๐ซ๐ž๐ ๐ข๐จ๐ง.

๐๐š๐ฌ๐ž๐ ๐จ๐ง ๐ญ๐ฒ๐ฉ๐ž, the rotary wing segment contributed to the largest market share in 2020, holding more than half of the total share, and is estimated to maintain its leadership status during the forecast period. Moreover, this segment is expected to manifest the highest ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ๐Ÿ.๐Ÿ‘% from 2021 to 2030. The research also analyzes the segments including fixed-wing and hybrid.

๐๐š๐ฌ๐ž๐ ๐จ๐ง ๐š๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง, the civil & commercial segment held the highest share in 2020, accounting for more than one-fourth of the global unmanned aerial vehicle (UAV) market, and is projected to maintain its lead in terms of revenue throughout the forecast period. Moreover, this segment is expected to register the fastest ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ๐Ÿ‘.๐Ÿ“% from 2021 to 2030. The report analyzes the segments including military & defense, logistics & transportation, construction & mining, and others.

๐๐š๐ฌ๐ž๐ ๐จ๐ง ๐ซ๐ž๐ ๐ข๐จ๐ง, North America accounted for the highest share in 2020, holding nearly two-fifths of the total share, and is estimated to maintain its dominant share by 2030. However, Asia-Pacific is projected to portray the largest ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ๐Ÿ“.๐Ÿ”% during the forecast period.

โ˜‘๏ธ๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/unmanned-aerial-vehicle-market/purchase-options

The reduction in aerospace spending has had a negative impact on autonomous aircraft development and deployment plans, particularly unmanned aerial vehicles (UAVs). Various countries with the foundations of a drone-friendly environment, such as the U.S., the UK, China, Germany, and others, were able to quickly mobilize the technology from the start of the pandemic. These countries were able to incorporate unmanned aerial vehicle (UAV) into the COVID-19 response activities due to enabling factors such as favorable regulations, skilled workforce, presence of vital resources, high adoption, and others.

๐Š๐ž๐ฒ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐จ๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐ญ๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ฎ๐ง๐ฆ๐š๐ง๐ง๐ž๐ ๐š๐ž๐ซ๐ข๐š๐ฅ ๐ฏ๐ž๐ก๐ข๐œ๐ฅ๐ž (๐”๐€๐•) ๐ฆ๐š๐ซ๐ค๐ž๐ญ

AeroVironment, Inc.,
Airbus S.A.S.,
BAE Systems plc,
DJI,
Elbit Systems Ltd.,
FLIR Systems, Inc.,
Lockheed Martin Corporation,
Northrop Grumman Corporation,
Textron Inc.,
The Boeing Company.

โ˜‘๏ธ๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐ญ๐จ ๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐ญ๐ก๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  - https://www.alliedmarketresearch.com/purchase-enquiry/A09059

๐Š๐ž๐ฒ ๐๐ž๐ง๐ž๐Ÿ๐ข๐ญ๐ฌ ๐…๐จ๐ซ ๐’๐ญ๐š๐ค๐ž๐ก๐จ๐ฅ๐๐ž๐ซ๐ฌ

This study presents analytical depiction of the global unmanned aerial vehicle (UAV) market analysis along with the current trends and future estimations to depict imminent investment pockets.

The overall unmanned aerial vehicle (UAV) market opportunity is determined by understanding profitable trends to gain a stronger foothold.

The report presents information related to key drivers, restraints, and opportunities of the global unmanned aerial vehicle (UAV) market with a detailed impact analysis.

The current unmanned aerial vehicle (UAV) market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.

Porter's five forces analysis illustrates the potency of the buyers and suppliers in the industry.โ€ƒ

๐’๐ข๐ฆ๐ข๐ฅ๐š๐ซ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐–๐ž ๐‡๐š๐ฏ๐ž ๐จ๐ง ๐€๐ž๐ซ๐จ๐ฌ๐ฉ๐š๐œ๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

https://www.alliedmarketresearch.com/solar-powered-uav-market-A08543 - Global Opportunity Analysis and Industry Forecast, 2025-2035

https://www.alliedmarketresearch.com/unmanned-aerial-vehicles-uavs-simulation-market-A08545 - Global Opportunity Analysis and Industry Forecast, 2021-2031

https://www.alliedmarketresearch.com/UAV-flight-training-and-simulation-market - Global Opportunity Analysis and Industry Forecast, 2023-2032

https://www.alliedmarketresearch.com/rotary-blade-uav-drones-market-A10143 - Global Opportunity Analysis and Industry Forecast, 2023-2032

Contact:
David Correa
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help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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