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Unmanned Aerial Vehicle (UAV) Market Size - Industry Share Report 2022

05-23-2017 02:17 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: RNR Market Research

Unmanned Aerial Vehicle (UAV)

Unmanned Aerial Vehicle (UAV)

Unmanned Aerial Vehicle (UAV) Market Size, Share, Annalysis, Growth | Industry Forecast 2022 Market Research Report to It’s a Database.

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“Increasing demand for UAVs for commercial applications is the key factor impacting the growth dynamics of the UAV (Unmanned Aerial Vehicle) market”

The UAV (Unmanned Aerial Vehicle) market is estimated to be USD 13.22 billion in 2016 and is projected to reach USD 28.27 billion by 2022, at a CAGR of 13.51% during the forecast period. Key factors fueling the growth of the UAV (Unmanned Aerial Vehicle) market includes increasing demand for UAVs for commercial applications, advancements in technologies of drone payloads, and increasing defense budgets of emerging economies. However, factors such as lack of skilled and trained personnel, and regulatory policies and procedural issues act as restraints for the growth of the UAV (Unmanned Aerial Vehicle) market.

“Military application segment estimated to lead the UAV (Unmanned Aerial Vehicle) market during the forecast period”

Based on application, the military segment is anticipated to lead the UAV (Unmanned Aerial Vehicle) market during the forecast period. The military segment is expected to grow as UAVs are increasingly being used in wars and peace missions, owing to limited operational cost to mitigate the risk to a pilot’s life and enhance aeronautical capabilities.

“Based on class, the strategic UAV segment is expected to lead the UAV (Unmanned Aerial Vehicle) market during the forecast period”

Based on class, the strategic UAV segment is estimated to lead the UAV (Unmanned Aerial Vehicle) market during the forecast period. The demand for strategic UAVs is increasing, owing to endurance requirements to carry large payloads and fly long distances during missions.

“Based on payload, the SIGINT segment is projected to lead the UAV (Unmanned Aerial Vehicle) market during the forecast period”

Based on payload, the SIGINT segment is anticipated to lead the UAV (Unmanned Aerial Vehicle) market during the forecast period, as these payloads are used for intelligence gathering in the defense sector. They are miniaturized for use on micro and mini UAVs. These payloads are lightweight and compact, and are capable of detecting, identifying, voice copying, and finding direction.

Target Audience:

• UAV Suppliers
• UAV Manufacturers
• UAV Pilot Training Bodies
• Technology Support Providers
• Software/Hardware/Service and Solution Providers
• Regulatory Bodies
• UAV Consultants
• Armed Forces
• Air Force
• Naval Forces
• Ministry of Defense
• UAV Research Centers

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Key Points From Table Of Content :

Company Profiles :

(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*

• Financial Highlights
• General Atomics Aeronautical Systems, Inc. (GA-ASI)
• Northrop Grumman Corporation
• Elbit Systems Ltd.
• Israel Aerospace Industries Ltd.
• Aerovironment, Inc.
• Lockheed Martin Corporation
• The Boeing Company
• Aeronautics Ltd.
• Saab AB
• Thales Group
• SZ DJI Technology Co., Ltd.
• Parrot SA
• 3D Robotics, Inc.
• Textron Inc.

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Research Coverage:

The study segments the UAV (Unmanned Aerial Vehicle) market on the basis of application (military, civil & commercial, homeland security), class (small UAV, tactical UAV, strategic UAV, special purpose UAV), energy source (lithium ion battery, hybrid cell, solar cell, hydrogen cell, fuel cell), subsystem (GCS, data link software), material type (CFRP,GFRP, BFRP, AFRP), and maps these segments and subsegments across major regions, namely, North America, Europe, Asia-Pacific, the Middle East, Latin America, and Africa. The report provides in-depth market intelligence regarding market dynamics and major factors influencing the growth of the UAV (Unmanned Aerial Vehicle) market (drivers, restraints, opportunities, and industry-specific challenges),along with analyzing micro markets with respect to individual growth trends, future prospects, and their contribution to the UAV (Unmanned Aerial Vehicle) market.

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