Unmanned Aerial Vehicle Drones Market, By Type, By End User, By Geography

Description

Unmanned aerial vehicle drones market is estimated to be valued at USD 28.40 Bn in 2024 and is expected to reach USD 56.81 Bn by 2031, growing at a compound annual growth rate (CAGR) of 10.4% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2023/2024:	US$ 28.40 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 to 2031
Forecast Period 2023/2024 to 2030/2031 CAGR:	10.40%	2030/2031 Value Projection:	US$ 56.81 Bn

Unmanned Aerial Vehicle Drones Market Share (%), By Region, 2024

Unmanned Aerial Vehicle Drones Market - IMG1

Unmanned aerial vehicles, are revolutionizing various industries with their unique capabilities. Drones offer bird's-eye imaging and analytics for sectors ranging from agriculture to defense. Their ability to reach otherwise inaccessible locations safely makes them invaluable tools. Global unmanned aerial vehicle drones market has been witnessing tremendous growth over the past few years owing to declining costs and maturing technologies. Various applications of drones such as crop spraying, surveillance, and inspection are boosting demand. Continuous technological advances including artificial intelligence, computer vision and autonomous capabilities can drive the market growth in the near future.

Market Dynamics:

Global unmanned aerial vehicle drones market growth is driven by various factors such as lower operation costs as compared to manned aircraft and growing adoption of drones across several industries like agriculture, government and defense. Miniaturization of components and sensors have improved capabilities of drones while reducing their costs. Integration of advanced technologies like AI and computer vision provide opportunities to expand scope of applications. However, strict regulations around flying drones in certain areas and privacy concerns pose challenges. Also, limited battery life remains a restraint. Developing drones for commercial deliveries presents a major opportunity as companies test new business models. Advancing autonomous navigation coupled with 5G connectivity allows for broader and safer usage of drones.

Key features of the study:

This report provides in-depth analysis of the global unmanned aerial vehicle drones market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global unmanned aerial vehicle drones market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Lockheed Martin Corporation, Northrop Grumman., The Boeing Company, BAE Systems PLC, Airbus S.A.S. , FLIR Systems, Inc., Aero Vironment, Inc., Textron Inc., Aeryon Labs Inc., General Atomics, Thales, Quantum Systems, Elistair, Delair, DJI, Ehang, The Holospace, Korea Aerospace Industries, Hanwha Aerospace, Israel Aerospace Industries, Elbit Systems Ltd., Aeronautics Defense Systems Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
Global unmanned aerial vehicle drones market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global unmanned aerial vehicle drones market.

Market Segmentation:

By Type
- Fixed Wing Drone
- Rotary Blade Drone
- Hybrid Drone
By Load Capacity
- Less than 2 KG
- Between 2-5 KG
- More than 5 KG
By Duration
- Less than 30 Min
- More than 30 Min
By Range
- Short (<25 Kilometers)
- Long (25 Kilometers)
By Application
- Aerial Photography
- Agriculture
- Emergency and Disaster Management
- Inspection & Monitoring
- Remote Sensing & Mapping
- Wildlife Research & Preservation
By End User
- Government and Defense
- Commercial
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
Key Players Insights
- Lockheed Martin Corporation
- Northrop Grumman.
- The Boeing Company
- BAE Systems PLC
- Airbus S.A.S.
- FLIR Systems, Inc.
- Aero Vironment, Inc.
- Textron Inc.
- Aeryon Labs Inc.
- General Atomics
- Thales
- Quantum Systems
- Elistair
- Delair
- DJI
- Ehang
- The Holospace
- Korea Aerospace Industries
- Hanwha Aerospace
- Israel Aerospace Industries
- Elbit Systems Ltd.
- Aeronautics Defense Systems Ltd.

Product Code: CMI6719

1. Research Objectives and Assumptions

Research Objectives
Assumptions

2. Market Overview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Load Capacity
- Market Snapshot, By Duration
- Market Snapshot, By Range
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- Market Scenario - Conservative, Likely, Opportunistic
Market Opportunity Map

3. Market Dynamics and Trend Analysis

Market Dynamics
- Drivers
- Restraints
- Opportunities
Impact Analysis
Pest Analysis
Porters' Analysis
Regulatory Scenario
COVID-19 Impact Analysis
Value Chain Analysis
Market Attractiveness, By Country
Market Attractiveness, By Market Segment
Key Developments & Deals
Technology Trends
Trend Analysis - Historic and Future Trend Assessment
Key Developments

4. Global Unmanned Aerial Vehicle Drones Market, By Type, 2019 - 2031, (US$ Billion)

Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
Fixed Wing Drone, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
Rotary Blade Drone, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
Hybrid Drone, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)

5. Global Unmanned Aerial Vehicle Drones Market, By Load Capacity, 2019 - 2031, (US$ Billion)

Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
Less than 2 KG, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
Between 2-5 KG, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
More than 5 KG, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)

6. Global Unmanned Aerial Vehicle Drones Market, By Duration, 2019 - 2031, (US$ Billion)

Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
Less than 30 Min, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
More than 30 Min, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)

7. Global Unmanned Aerial Vehicle Drones Market, By Range, 2019 - 2031, (US$ Billion)

Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
Short (<25 Kilometers), 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
Long (25 Kilometers), 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)

8. Global Unmanned Aerial Vehicle Drones Market, By Application, 2019 - 2031, (US$ Billion)

Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
Aerial Photography, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
Agriculture, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
Emergency and Disaster Management, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
Inspection & Monitoring, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
Remote Sensing & Mapping, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
Wildlife Research & Preservation , 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)

9. Global Unmanned Aerial Vehicle Drones Market, By End User, 2019 - 2031, (US$ Billion)

Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
Government and Defense, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
Commercial, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)

10. Global Unmanned Aerial Vehicle Drones Market, By Region, 2019 - 2031, (US$ Billion)

Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031, (US$ Billion)
- Market Y-o-Y Growth Comparison (%), 2024 - 2031, (US$ Billion)
- Regional Trends
North America
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Load Capacity, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Duration , 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Range, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By End User, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Billion)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Load Capacity, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Duration , 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Range, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By End User, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Billion)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Load Capacity, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Duration , 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Range, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By End User, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Billion)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East & Africa
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Load Capacity, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Duration , 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Range, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By End User, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Billion)
GCC
Israel
Rest of Middle East & Africa
Latin America
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Load Capacity, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Duration , 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Range, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By End User, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Billion)
Brazil
Mexico
Argentina
Rest of Latin America

11. Company Profiles - Global Unmanned Aerial Vehicle Drones Market

Lockheed Martin Corporation
- Company Overview
- Product/Service Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategic Overview
Northrop Grumman.
The Boeing Company
BAE Systems PLC
Airbus S.A.S.
FLIR Systems, Inc.
Aero Vironment, Inc.
Textron Inc.
Aeryon Labs Inc.
General Atomics
Thales
Quantum Systems
Elistair
Delair
DJI
Ehang
The Holospace
Korea Aerospace Industries
Hanwha Aerospace
Israel Aerospace Industries
Elbit Systems Ltd.
Aeronautics Defense Systems Ltd.

12. References and Research Methodology

References
Research Methodology
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