Press release
Unmanned Aerial Vehicle Market Expansion Fueled By Increased Military Spending And Rising Need For Better Surveillance Systems: Key Factor Driving The Growth In The Unmanned Defense Aerial Vehicle Market
Unmanned Defense Aerial Vehicle
What Is the Expected Unmanned Defense Aerial Vehicle Market Size During the Forecast Period?
The unmanned defense aerial vehicle market has shown strong growth, expected to grow from $16.19 billion in 2024 to $17.61 billion in 2025 at a CAGR of 8.8%. This growth is attributed to military modernization, counterterrorism efforts, asymmetric warfare, improved surveillance, and technological advancements.
The unmanned defense aerial vehicle market is set to experience strong growth, reaching $24.74 billion by 2029 at a CAGR of 8.9%. Growth is driven by the increasing adoption of armed UAVs, counter-drone technologies, geopolitical tensions, and the rise of urban warfare. Key trends include electromagnetic warfare (EW), hybrid-electric UAVs, environmental adaptation, and expanding applications in maritime and submarine operations.
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What Are the High-Growth Segments in the Unmanned Defense Aerial Vehicle Market?
The unmanned defense aerial vehicle market covered in this report is segmented -
1) By UAV Type: Multi Rotor, Single Rotor, Fixed Wing, Fixed Wing Hybrid VTOL
2) By Range: Visual Line Of Sight (VLOS), Extended Visual Line Of Sight (EVLOS), Beyond Line Of Sight (BLOS)
3) By Technology: Remotely Operated, Semi-Autonomous, Fully-Autonomous
Subsegments:
1) By Multi Rotor: Quadcopters, Hexacopters, Octocopters
2) By Single Rotor: Small Single-Rotor UAVs, Large Single-Rotor UAVs
3) By Fixed Wing: Small Fixed-Wing UAVs, Tactical Fixed-Wing UAVs, Strategic Fixed-Wing UAVs
4) By Fixed Wing Hybrid VTOL: Tilt-Rotor UAVs, Tail-Sitter UAVs, Multi-Engine Hybrid VTOL UAVs
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What Key Drivers Are Expected to Influence Future Unmanned Defense Aerial Vehicle Market Growth?
The unmanned defense aerial vehicle market is set to grow due to rising defense spending on unmanned technologies. The U.S. defense procurement budget for unmanned aerial systems is expected to reach $3.3 billion by 2030. This increase in R&D investment is likely to significantly boost revenues in the market over the coming years.
Which Companies Hold the Largest Share Across Different Unmanned Defense Aerial Vehicle Market Segments?
Major companies operating in the unmanned defense aerial vehicle market include The Boeing Company, BAE Systems plc, SZ DJI Technology Co. Ltd. (DJI), Elbit Systems Ltd., General Atomics Aeronautical Systems Inc., Israel Aerospace Industries Ltd. (IAI), Northrop Grumman Corporation, Textron Inc., AeroVironment Inc., Lockheed Martin Corporation, 3D Robotics Inc., Action Drone Inc., AguaDrone, Airbus SE, Autel Robotics USA LLC, CyPhy Works Inc., Delair, Dragonfly Innovations Inc., Hubsan, Insitu a Boeing Company, Kespry Inc., Parrot SA, Yuneec International Co. Ltd., PrecisionHawk Inc., Prox Dynamics AS (Prox Dynamics was acquired by FLIR Systems), Raptor Maps Inc., Raytheon Technologies Corporation, Science Applications International Corporation (SAIC), Shield AI Inc., Thales Group, Turkish Aerospace Industries Inc. (TAI), Vantage Robotics, Vayu Inc.
What Are the Latest Developing Trends in the Unmanned Defense Aerial Vehicle Market?
The demand for eco-friendly and sustainable UAVs is growing, as these drones help reduce environmental impacts compared to traditional vehicles using fossil fuels. Regulatory bodies like the European Aviation Safety Agency (EASA) are emphasizing environmental standards, and the Federal Aviation Administration (FAA) has projected a significant increase in the number of commercial drones by 2024.
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What Are the Emerging Geographies for The Unmanned Defense Aerial Vehicle Market Growth?
Asia-Pacific was the largest region in unmanned defense aerial vehicle market in 2023. Western Europe is expected to be the fastest-growing region in the unmanned defense aerial vehicle market during the forecast period. The regions covered in the unmanned defense aerial vehicle market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Unmanned Defense Aerial Vehicle Market?
2. What is the CAGR expected in the Unmanned Defense Aerial Vehicle Market?
3. What Are the Key Innovations Transforming the Unmanned Defense Aerial Vehicle Industry?
4. Which Region Is Leading the Unmanned Defense Aerial Vehicle Market?
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