Market Research Report
Unmanned Composites Market by Application (Interior, Exterior), Platform (UAV, USV, UGV, AUV, ROV, Passenger Drones, Autonomous Ships), Type (CFRP, GFRP, AFRP, BFRP), Subtype (Fiber, Matrix) and Region - Global Forecast to 2025
|Published by||MarketsandMarkets||Product code||328523|
|Published||Content info||163 Pages
Delivery time: 1-2 business days
|Unmanned Composites Market by Application (Interior, Exterior), Platform (UAV, USV, UGV, AUV, ROV, Passenger Drones, Autonomous Ships), Type (CFRP, GFRP, AFRP, BFRP), Subtype (Fiber, Matrix) and Region - Global Forecast to 2025|
|Published: May 6, 2019||Content info: 163 Pages||
"Increasing use of unmanned composites to produce lightweight components driving the market growth of unmanned composites."
The unmanned composites market size is projected to grow from USD 1.0 billion in 2018 to USD 2.7 billion by 2025, at a CAGR of 15.52% during the forecast period. The market growth is driven by factors such as the rise in demand for composite materials to provide lightweight structures, improved performance of unmanned systems, and an increase in the deliveries of unmanned systems. Whereas, the lack of standardization of unmanned composites and high cost of manufacturing are limiting the overall growth of the market.
North America is estimated to account for the largest share of the unmanned composites market in 2019. The region's leadership is attributed to the rise in demand by OEMs for innovative materials that are non-corrosive and lightweight. The growing market for UAVs within the region is also projected to drive the demand for composite materials, thereby supporting the growth of the unmanned composites market in North America.
Key players in the unmanned composites market include: Gurit (Switzerland), Hexcel Corporation (US), Materion Corporation (US), Mitsubishi Rayon (Japan), Owens Corning (US), Renegade Materials Corporation (US), Solvay (Belgium), Stratasys (US), Teijin Limited (Japan), Teledyne (US), and Toray Industries (Japan). These companies provide unmanned composites solutions in various countries across North America, Europe, Asia Pacific, the Middle East, and Rest of the World.
The market study covers the unmanned composites market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as platform, application, type, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
This report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall unmanned composites market and its subsegments. The report covers the entire ecosystem of the unmanned composites industry and will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.