Press release
Unmanned Composites Market: Exploration of Growth Drivers, Market Size, Key Trends, and Valued Players
Unmanned Composites Market
What Is The Projected Market Size Of The Global Unmanned Composites Market And Its Growth Rate?
The unmanned composites market presents remarkable growth:
• The market size rose rapidly from $1.68 billion in 2024 to $1.9 billion in 2025 at a CAGR of 13.5%.
• Historic growth influences include research and development funding, aerospace and defense requirements, commercial drone market growth, telecommunications and connectivity, sustainability, and green technology.
• The market size is projected to surge to $3.31 billion in 2029 at a CAGR of 14.9%.
• Forecast growth can be attributed to increased automation and autonomy, a rise in urban air mobility (UAM), space exploration and satellite development, medical and healthcare applications, and hybrid energy and renewable systems.
What Is Driving The Growth In The Unmanned Composites Market?
The surge in demand for unmanned aerial vehicles (UAVs) known as drones, is propelling the growth of the unmanned composites market. A UAV that can fly autonomously or be remotely controlled offers more excellent performance, larger payload capacities, longer flight endurance, superior aerodynamics, and enhanced durability when unmanned composites are utilized. The Federal Aviation Administration forecasts that by 2024, there will be 828,000 commercial drones and 1.48 million recreational drones, showing increasing demand for unmanned aerial vehicles and driving the growth of the unmanned composites market.
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Who Are the Key Players Driving Unmanned Composites Market Growth?
Significant companies in the unmanned composites market include:
• Mitsubishi Rayon
• The Boeing Company
• Lockheed Martin
• Mitsubishi Chemical Corporation
• NVIDIA
• Evonic Industries AG
• Toray Industries Inc.
• Solvay S.A.
• Dupont Inc.
• Owens Corning
• Formosa Plastics Corporation
• Teijin Limited
• Elbit Systems
• Teledyne Technologies Incorporated
• Leonardo DRS
• Aerojet Rocketdyne
• Hexcel Corporation
• Materion Corporation
• SGL Carbon SE
• Stratasys Ltd.
• Gurit Holding AG
• AeroVironment
• ZOLTEK Corp.
• Unitech Aerospace
• Cytec Engineered Materials Inc.
• Quantum Composites Inc.
• DowAksa Advanced Composites Holdings B.V.
• Tencate Advanced Composites
• Renegade Materials Corporation
What Are The Key Trends In The Unmanned Composites Market?
Forecasted trends in the unmanned composites market include:
• 3D printing and additive manufacturing are gaining traction as substantial trends.
• Bio-inspired composite designs present innovative developments.
• Flexible and shape-memory composites offer advanced opportunities in the market.
• Nanocomposites present enhanced properties for market growth.
• Customizable and modular components are leading the way forward
What Are The Segments Of The Global Unmanned Composites Market?
Unmanned Composites market segments:
1) By Type: Carbon Fiber Reinforced Polymer (CFRP), Glass Fiber Reinforced Polymer (GFRP), Aramid Fiber Reinforced Polymer (AFRP), Boron Fiber Reinforced Polymer (BFRP)
2) By Platform: Unmanned Aerial Vehicles, Unmanned Ground Vehicles, Unmanned Surface Vehicles, Autonomous Underwater Vehicles, Remotely Operated Vehicles, Autonomous Ship, Passenger Drone
3) By Application: Interior, Exterior
Which Region Leads The Unmanned Composites Market?
In 2024, North America was the most significant region in the unmanned composites market. The forecast predicts Asia-Pacific as the fastest-growing region. The regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Unmanned Composites Market Global Market Report?
- Market Size Analysis: Analyze the Unmanned Composites Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Unmanned Composites Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Unmanned Composites Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Unmanned Composites Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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