Press release
Small UAV Market Sees Growth Amid Rising Demand in Defense and Commercial Sectors
Small UAV Market
Small UAVs in Defense
Small UAVs are becoming essential tools in the defense industry, utilized for tactical missions, intelligence gathering, and enhancing situational awareness. These drones can conduct precision strikes, scan hostile territories, and monitor enemy movements, allowing military commanders to make informed decisions based on real-time information.
A notable development in this area is Lockheed Martin's recent contract with the UK Ministry of Defense, valued at $157 million. This agreement will supply over 250 small UAVs, including fixed-wing and rotary-wing models, enhancing the British army's operational capabilities significantly.
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Advantages of Small UAVs
One of the key advantages of small UAVs is their rapid deployment and cost-effectiveness compared to manned aircraft. These drones can operate in hazardous or challenging environments where human presence would be too dangerous. They excel in aerial surveying and mapping, collecting vast amounts of data to create detailed 3D visual representations of various terrains. This technology is increasingly vital for sectors like construction, agriculture, and mining, which rely on accurate airborne data collection.
A recent innovation in this space is the WingtraOne GEN II mapping drone, introduced by Swiss manufacturer Wingtra. This drone is equipped with advanced imaging technology that allows it to capture large areas efficiently, further solidifying the role of UAVs in mapping and surveying tasks.
Market Challenges
Despite their advantages, small UAVs face operational challenges, particularly in crowded or restricted airspace. Accidental collisions with manned aircraft or other obstacles pose risks, leading to regulatory limitations on where UAVs can be flown.
Security concerns also loom large, as there are instances of drones being misused for illegal activities, such as smuggling. A case in Australia highlighted this issue when authorities intercepted a drone carrying drugs valued at $1.67 million. Additionally, privacy concerns arise from the potential for unauthorized surveillance in sensitive areas, which could hinder market growth.
Emerging Trends: AI-Powered Swarm Drones
A significant trend in the market is the emergence of AI-powered swarm drones. These drones work collectively as a unit, coordinated by a central system that manages their movements and data collection. For example, Edge Group's Hunter 2-5 drone system, announced in February 2022, uses AI technology to enable drones to share information and adapt to changing conditions in real time.
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Market Segmentation Insights
The small UAV market is categorized by type, size, and application.
Type: The rotary-wing segment dominates the market due to its versatility and ease of use, accounting for over 70% of revenue. These drones are ideal for a variety of tasks, including inspection and monitoring, making them valuable in both military and civilian applications. In contrast, the fixed-wing segment is anticipated to grow at a moderate pace, thanks to its durability and efficiency in covering larger areas.
Size: The mini-size UAV segment is expected to capture a large share of the market due to its balance of maneuverability, range, and payload capacity. These drones are particularly popular for applications like aerial photography and surveillance. Meanwhile, the nano-sized segment is gaining traction for its compactness, making it suitable for indoor inspections and reconnaissance missions.
Application: The military segment remains the largest, driven by increased surveillance needs in light of ongoing geopolitical conflicts. Conversely, the commercial segment is predicted to grow the fastest, as businesses increasingly utilize UAVs for various tasks, including marketing and agricultural monitoring.
Small UAV Top Companies and Competitive Landscape
The global small UAV market is fairly fragmented with many large and medium-sized players accounting for majority of market revenue. Major players are deploying various strategies, entering into mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing more effective small UAV.
Some major players included in the global small UAVs market report are:
Northrop Grumman
Bayer Tech
DJI
Parrot Drone SAS
Israel Aerospace Industry Ltd.
AeroVironment, Inc.
Lockheed Martin Corporation
Teledyne FLIR LLC
BAE Systems
Elbit Systems Ltd.
AIRBUS
Textron Inc.
Autel Robotics
Yuneec
PowerVision Inc.
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Small UAV Latest Industry Updates
In January 2023, Autel introduced the EVO Max 4T, a small drone with a thermal zoom camera and range finder that is intended for use by first responders. Three cameras are included with Brone: a 1/2-inch 50MP wide camera, a 640x512 thermal camera, and a 1/1.68-inch 48MP zoom camera with 10x optical and 160x digital zoom. The drone also has an IP43 rating, which allows it to fly in snow and light rain.
In November 2022, 400 ANAFI USA micro-drones were delivered to the French government's procurement and technology agency, Direction Générale de l'Armement (DGA). The three armies' operational needs, including those of the Special Forces and conventional forces, are catered for by the micro drone systems' design. The French navy gets 28% of the systems, the army can receive 60%, and the air and space force can receive 12% of them, according to the DGA.
Small UAV Market Segmentation Analysis
For the purpose of this report, Emergen Research has segmented global small UAV market on the basis of type, platform, maximum take-off weight, size, application, mode of operation, power source, and region:
Type Outlook (Revenue, USD Billion; 2019-2032)
Fixed Wing
Conventional Take-Off and Landing (CTOL)
Vertical Take-Off and landing (VTOL)
Rotary Wing
Single
Multi
Bicopters
Tricopters
Quadcopters
Hexacopters
Octocopters
Hybrid Wing
Platform Outlook (Revenue, USD Billion; 2019-2032)
Civil & Commercial
Defense & Government
Maximum Take-Off Weight Outlook (Revenue, USD Billion; 2019-2032)
Less than 5kg
5 to 25kg
Above 25 to 150kg
Size Outlook (Revenue, USD Billion; 2019-2032)
Micro Size
Mini Size
Nano Size
Application Outlook (Revenue, USD Billion; 2019-2032)
Military
Unmanned Combat Aerial Vehicle (UCAV)
Intelligent, Surveillance, Reconnaissance (ISR)
Delivery
Commercial
Patient Transport
Inspection & Monitoring.
Remote Sensing
Surveying & Mapping
Product Delivery
Aerial Imaging
Industrial Warehousing
Others
Government & Law
Border Management
Traffic Monitoring
Firefighting & Disaster Management
Search & Rescue
Police Operations & Investigation
Maritime Security
Consumer
Mode of Operation Outlook (Revenue, USD Billion; 2019-2032)
Remotely Piloted
Optionally Piloted
Fully Autonomous
Power Source Outlook (Revenue, USD Billion; 2019-2032)
Fuel Powered
Battery Powered
Fuel Cell
Lithium-ion
Nickel
Regional Outlook (Revenue, USD Billion; 2019-2032)
North America
U.S.
Canada
Europe
Germany
France
UK
Italy
Spain
Benelux
Russia
Rest of Europe
Asia Pacific
China
Japan
South Korea
India
ASEAN Countries
Oceania
Rest of APAC
Latin America
Brazil
Mexico
Rest of LATAM
Middle East & Africa
GCC Countries
Israel
Turkey
South Africa
Rest of Middle East & Africa
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Comprehensive Exploration: Accessing Relevant Market Analyses
Small Unmanned Aerial Vehicle (UAV) Market Size @ https://www.emergenresearch.com/industry-report/small-unmanned-aerial-vehicle-market/market-size
Small Unmanned Aerial Vehicle (UAV) Market Share @ https://www.emergenresearch.com/industry-report/small-unmanned-aerial-vehicle-market/market-share
Small Unmanned Aerial Vehicle (UAV) Market Trends @ https://www.emergenresearch.com/industry-report/small-unmanned-aerial-vehicle-market/market-trends
Small Unmanned Aerial Vehicle (UAV) Regional Market Demand @ https://www.emergenresearch.com/industry-report/small-unmanned-aerial-vehicle-market/regional-market-demand
Small Unmanned Aerial Vehicle (UAV) Market Analysis @ https://www.emergenresearch.com/industry-report/small-unmanned-aerial-vehicle-market/market-analysis
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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