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Global UAVs Market

  • Published Date: 17 Feb 2018
  • Number of Pages: 185
  • Category: Aerospace
  • Country: Global
The global UAVs market was valued at US$ XX Mn in 2017 and is expected to reach US$ XX Mn by 2022 growing at a CAGR of XX% during the forecast period. UAV stands for Unmanned Aerial Vehicle (commonly known as a drone). UAVs are one of the primary components of an UAS (Unmanned Aircraft System), the other one being a ground based controller which is connected to the UAVs by a system of communications. The flight of the UAVs could be managed in several ways: either by a human operator or autonomously by onboard computers.

The end users for this product are the military, researchers, security agencies, sport clubs, farmhouses, photographers etc.

Market Dynamics:

The following factors are significant in deciding the fate of the market:

Market Drivers:

Drones are of paramount importance in the military sector. It has wide range of uses like guarding borders, gathering intelligence, covert operations, doing surveillance and reconnaissance missions etc.

UAVs are used by the police to fight organised crimes, drug cartels and human trafficking. They are indispensable for collecting evidences and capturing key moments from the shadow.

Finally, researchers, robot scientists, space scientists, geologists, adventurers and explorers use drones for their works. Drones are often used to reach inhospitable or inaccessible regions to collect data, click pictures, obtain samples etc.

Drones are used for advanced photography. Its main use is to capture shots from a wide variety of perspectives and angles. Thus its range of uses vary from wildlife photography to capturing key moments of fast paced outdoor sports like cricket, tennis etc.

Market Restraints:

Drones are prone to accidents and blasts which could cause severe injuries. To avoid this there are strict airspace regulations by the governments. This also hinders the market attaining full potential.
Market Opportunities:
Development of new technologies to increase the range of uses and to minimise the risk would go a long way in advancing the market.

Market Segmentation:

The market can be segmented into the following categories:

On the basis of applications:


--> Defence


--> Transport/Logistics

--> Media and Entertainment

--> Retail

--> Sports

--> Manufacturing

--> Others

On the basis of propulsion systems:


--> Hydrogen Cell Propulsion System


--> Hybrid Propulsion System

--> Solar Propulsion System

--> Lithium-Ion Battery Propulsion System

On the basis of class:


--> Small UAV


--> Tactical UAV

--> Strategic UAV

--> Special purpose UAV

On the basis of energy source:


--> lithium ion battery


--> hybrid cell

--> solar cell

--> hydrogen cell

--> fuel cell

Based on subsystem:


--> GCS


--> Data link software

Based on the material type:


--> CFRP


--> GFRP

--> BFRP

--> AFRP

Based on geography:


--> North America


--> Europe

--> Asia-Pacific

--> Latin America

--> Middle East and Africa

Geographic Analysis:

The North America has the most developed market in this sector followed by Europe and the Asia Pacific. However the Asia Pacific nations are predicted to experience the fastest growth rate.

Key Players:

Some of the key players in the market are:

Hales SA

Boeing Corporation

Lockheed Martin

Airbus Group

Report Contents:

> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada


> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America


> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe


> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastern Europe


> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific


> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa



This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage

Publisher Name : Market Litmus

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