The UAV (Unmanned Aerial Market) 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. The base year considered for the study is 2015 and the forecast period is from 2016 to 2022.

Objective of the Study:

The objective of this study is to analyze the UAV  market, along with statistics from 2016 to 2022 as well as to define, describe, and forecast the UAV (Unmanned Aerial Market) 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 map 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 Market) market (drivers, restraints, opportunities, and industry-specific challenges), along with analyzing micromarkets with respect to individual growth trends, future prospects, and their contribution to the UAV market.

The report also covers competitive developments, such as long-term contracts, joint ventures, mergers, new product launches and developments, and research & development activities in the UAV market, in addition to business and corporate strategies adopted by key market players.
Research Methodology:

The research methodology used to estimate and forecast the UAV (Unmanned Aerial Market) market begins with obtaining data on key UAV revenues through secondary sources, such as Department of Defense (U.S.) and journals/magazines. The UAV offerings are also taken into consideration to determine market segmentation. The bottom-up procedure was employed to arrive at the overall UAV (Unmanned Aerial Market) market size from the revenues of key players in the market. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with market experts, such as CEOs, VPs, directors, and executives. These data triangulation and market breakdown procedures were employed to complete the overall UAV (Unmanned Aerial Market) market engineering process, and arrive at the exact statistics for all segments and subsegments. Breakdown of profiles of primaries is depicted in the figure below:

To know about the assumptions considered for the study, download the pdf brochure

The ecosystem of the UAV (Unmanned Aerial Market) market comprises defense forces, manufacturers, suppliers, and technology support providers. Some of the key market players operating in the UAV (Unmanned Aerial Market) market are Northrop Grumman (U.S.) Inc., SZ DJI Technology Co., Ltd. (China), Parrot SA (France), IAI Ltd. (Israel), AeroVironment, Inc. (U.S.), Lockheed Martin Corporation (U.S.), and The Boeing Company (U.S.), among others. They offer advanced technology systems, products, and services. They also provide a broad range of management, engineering, technical, communications, information services, and UAV capabilities.

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

 “The study answers several questions for stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing efforts and investments”.

Scope of the Report

This research report categorizes the UAV  market into the following segments and subsegments:

• UAV (Unmanned Aerial Market) market: By Application
  • Military
    • ISR
    • Combat Operations
    • Battle Damage Management
  • Civil & Commercial
    • Agriculture
    • Aerial Remote Sensing
    • Mining
    • Photography and Film Production
    • Oil & Gas
    • Product Delivery
    • Wild Life Research & Preservation
    • Greenhouse Emission Monitoring
    • Others
  • Homeland Security
    • Border Management
    • Traffic Monitoring
    • Fire Fighting & Disaster Management
    • Search & Rescue
    • Police Operations & Investigations
    • Maritime Security
• UAV (Unmanned Aerial Market) market: By Class
  • Small UAV
    • Nano UAV
    • Micro UAV
    • Mini UAV
  • Tactical UAV
    • Close Range
    • Short Range
    • Medium Range
    • Medium Range Endurance
    • Low Altitude Deep Penetration
    • Low Altitude Long Endurance
  • Strategic UAV
    • MALE
    • HALE
  • Special Purpose UAV
    • UCAV
    • Lethal
    • Decoy
    • Stratospheric
    • Exo-stratospheric
• UAV (Unmanned Aerial Market) market: By Payload
  • EO/IR
  • Cameras
  • SAR
  • SIGINT
  • ELINT
  • COMINT
  • MPR
  • Laser Sensors
  • CBRN Sensors
  • EW
  • Optronics
  • Others
• UAV (Unmanned Aerial Market) market: By Energy Source
  • Lithium-ion Battery
  • Hybrid Cell
  • Solar Cell
  • Hydrogen
  • Fuel Cell
• UAV (Unmanned Aerial Market) market: By Subsystem
  • GCS
  • Data Link
  • Software
• UAV (Unmanned Aerial Market) market: By Material Type
  • Carbon Fiber Reinforced Polymer (CFRP)
  • Glass Fiber Reinforced Polymer (GFRP)
  • Boron Fiber Reinforced Polymer (BFRP)
  • Aramid Fiber Reinforced Polymer (AFRP)
• UAV (Unmanned Aerial Market) market: By Region
  • North America
  • Europe
  • Asia-Pacific
  • Middle East
  • Latin America
  • Africa

Available Customizations:

Along with market data, MarketsandMarkets offers customizations as per specific needs of a company. The following customization options are available for the report:

• UAV Market, By Component
• Company Information
• Detailed analysis and profiling of additional market players (up to five)

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