The global Unmanned Aerial Vehicle (UAV) market was valued at US$ 10160 million in 2020 and it is expected to reach US$ 24700 million by the end of 2027, growing at a CAGR of 13.3% during 2021-2027.
Unmanned aerial vehicles (UAV) also sometimes referred as drones are used as aircraft systems without a human pilot aboard. They are often employed in missions which are dangerous for manned aircraft.
Global Unmanned Aerial Vehicle(UAV) market is mainly driven by increasing demand for UAVs in commercial applications and enhanced capabilities of UAVs to fight terrorism. However, regulatory policies & procedural issues acts as a major restraint for the global Unmanned Aerial Vehicle(UAV) market.
Global Unmanned Aerial Vehicle (UAV) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Unmanned Aerial Vehicle (UAV) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are DJI Innovations, AeroVironment, Cybaero, Parrot, Israel Aerospace Industries, Airbus Group, Microdrones, Boeing and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Small UAV
- Tactical UAV
- Strategic UAV
- Special Purpose UAV
Segment by Application
- Civil & Commercial
- Homeland Security
Table of Content:
1 Unmanned Aerial Vehicle (UAV) Market Overview
2 Unmanned Aerial Vehicle (UAV) Market Competition by Manufacturers
3 Unmanned Aerial Vehicle (UAV) Retrospective Market Scenario by Region
4 Global Unmanned Aerial Vehicle (UAV) Historic Market Analysis by Type
5 Global Unmanned Aerial Vehicle (UAV) Historic Market Analysis by Application
6 Key Companies Profiled
7 Unmanned Aerial Vehicle (UAV) Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Unmanned Aerial Vehicle (UAV) Market Dynamics
10 Global Unmanned Aerial Vehicle (UAV) Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.