Unmanned Aerial Vehicle (UAV) Market 2024 Strategic Outlook and Industry Trends, Forecast by 2031 | AeroVironment Inc., DJI, The Boeing Company, Northrop Grumman Corporation, Lockheed Martin Corporation, Textron Inc.
Unmanned Aerial Vehicle (UAV) Market 2024-2031 Forecast: Unveiling Opportunities and GrowthGlobal Unmanned Aerial Vehicle (UAV) Market is an exploration report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. These bits of knowledge offered in the Unmanned Aerial Vehicle (UAV) Market report would benefit request players to define systems for the future and gain a solid situation in the worldwide market request development. Other than this, the specialists have profoundly contemplated distinctive geological regions and introduced a serious situation to help new rivals, driving business sector players and fiscal backers to decide arising economies.
According to Insider Market Research, Global Unmanned Aerial Vehicle (UAV) Market size was USD 24.72 Billion in 2023 with a CAGR of 11.7% during the forecast period.
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Key Players in the Unmanned Aerial Vehicle (UAV) market:
AeroVironment, Inc.
DJI
The Boeing Company
Northrop Grumman Corporation
Lockheed Martin Corporation
Textron Inc,
Airbus S.A.S.
FLIR Systems, Inc.
BAE Systems plc
Elbit Systems Ltd
Market Leaders & Development Strategies:
In Septmber 2024, Two new unmanned aerial vehicles (UAVs) for the 2025 model year have been unveiled by Rotor Technologies Inc.: Sprayhawk, an agricultural UAV with a 110-gallon capacity, and Airtruck, a utility UAV with a payload capacity of more than 1,000 pounds. For both airplanes, the initial cost is less than $1,000,000.
Market Drivers:
Advancements in Technology
Increased Demand in Commercial Applications
Government Support and Regulation
Market Restraints:
Privacy and Security Concerns
Market Opportunities:
Emerging Applications in Urban Areas
Integration with AI and IoT
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Market Segmentation & Coverage:
This research report categorizes the Unmanned Aerial Vehicle (UAV) Market to forecast the revenues and analyze trends in each of the following sub-markets:
By Type:
Fixed Wing
Rotary Wing
Hybrid
By Application:
Military & Defense
Civil & Commercial
Logistics & Transportation
Construction & Mining
Others
By Weight:
Less Than 50 Kg
More Than 50 Kg
Unmanned Aerial Vehicle (UAV) Market Regional Analysis:
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Unmanned Aerial Vehicle (UAV) in these regions, covering
North America (USA, Canada and Mexico)
Europe (UK, Germany, France and the Rest of Europe)
Asia Pacific (China, Japan, India, and the Rest of the Asia Pacific region)
South America (Brazil, Argentina and the Rest of South America)
Middle East and Africa (GCC and Rest of the Middle East and Africa)
** Note - This report sample includes:
Scope For 2025
Brief Introduction to the research report.
Table of Contents (Scope covered as a part of the study)
Top players in the market
Research framework (structure of the report)
Research methodology adopted by Insider Market Research
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FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
•Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
Key takeaways from the Unmanned Aerial Vehicle (UAV) Market report:
• Detailed consideration of Unmanned Aerial Vehicle (UAV) industry-particular drivers, Trends, constraints, Restraints, Opportunities, and major micro markets.
• In-depth study of industry strategies for growth of the Unmanned Aerial Vehicle (UAV) market-leading players.
• Unmanned Aerial Vehicle (UAV) market latest innovations and major procedures.
• Favourable dip inside Vigorous high-tech and market latest trends remarkable the Market.
• Conclusive study about the growth conspiracy of Unmanned Aerial Vehicle (UAV) market for forthcoming years.
Direct Contact:
Greta Richards
Business Development Manager
Insider Market Research
+1 614 385 1709
Email: greta@insidermarketresearch.com
Website: https://www.insidermarketresearch.com/
About Us:
Insider Market Research, we are dedicated to providing you with the comprehensive insights and detailed analyses you need to leverage the power of data and marketing, ensuring your business stays ahead of the curve.
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