Press release
2021 Future Outlook of Small UAV Industry
Small UAV Market ($ billion), 2016-2021
The global small UAV market is expected to to grow at a CAGR of around 7%. The growing demand of UAVs in civil and commercial application, increased procurement of military UVAs globally are the major drivers of the market. Technological innovation, economical acquisition and operation have led to the rapid growth of commercial small UAVs market.
Market Segments:
Global Small UAV Market is segmented as:
• By Types (Micro UAV and Mini UAV)
• By Applications (Civil & Commercial and Military & Defense)
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Key Players
The leading market players in the global small UAV market primarily include
• AeroVironment,
• Elbit Systems,
• Israel Aerospace Industries Ltd.,
• SAAB,
• Thales,
• Lockheed Martin,
• Aeronautics Limited,
• Northrop Grumman
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Key Findings
• By 2021, Civil and Commercial application market would have around 45% of market share
• Demand for small UAVs is rapidly increasing from emerging and developing nations to counter national security threat
• China is the major driving market for small UAV. It is anticipated to grow parallel with China’s commitment of growing utilization of unmanned systems, particularly for military applications
• Asia Pacific will register the maximum growth during the forecast period, followed by Americas and EMEA
Study Objectives of Small UAV Market
• To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Small UAV Market
• To provide insights about factors affecting the market growth
• To analyse the Global Small UAV Market based on various factors- price analysis, supply chain analysis, porter’s five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
The reports also cover country level analysis:
America (NORTH & LATIN)
• US
• Canada
• Brazil
• Others
Europe
• Germany
• France
• Italy
• Spain
• U.K
• Rest of Europe
Asia – Pacific
• China
• India
• Japan
• Australia/New Zealand
• Rest of Asia-Pacific
Middle East & Africa
• UAE
• Kuwait
• Israel
• Rest of Middle East & Africa
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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