Global Military Unmanned Aerial Vehicle (UAV) Market to 2031 – Market Size and Drivers, Major Programs, Competitive Landscape and Strategic Insights

2021-10-15
Price :
Published : Oct-2021
No. of Pages : 133
Inquire before Buying request discount

Global Military Unmanned Aerial Vehicle (UAV) Market to 2031 – Market Size and Drivers, Major Programs, Competitive Landscape and Strategic Insights

Summary

The global military UAV market is valued at US$8.0 billion in 2021. The cumulative market for global military UAV is estimated at US$152.3 billion over the forecast period. The Asia-Pacific region is projected to garner a share of 38% of the total global military aircraft market during 2021-2031. Countries such as India and China are contributing in significant terms to the growth of the military UAV market in this region. The market is anticipated to be driven by the ongoing global turmoil, internal and external security threats, fleet replacement programs, modernization strategies, and territorial disputes around the world. Apart from emerging economies in the Middle East and South Asian regions which are witnessing increasing defense expenditure due to regional power struggles and territorial disputes, countries in North America and Western Europe are also expected to increase their defense outlays after years of budget cuts and sequestration measures, presenting global military aircraft manufacturers with greater opportunities in the coming decade.

The expenditure on military UAV has been slightly impacted by the COVID-19 pandemic, but is witnessing a strong comeback on both the supply and demand sides. There has also been an increase in the defense budgets of countries such as China, Japan, India, and others, with few program cancellations across the globe.

In terms of segments, the UCAV segment is anticipated to account for the largest share of expenditure globally, followed by the MALE segment. The HALE segment is expected to account for the third largest expenditure over the forecast period, followed by VTOL, TUAV, and MUAV segments respectively.

Key Highlights

– The market consists of six categories: UCAV, MALE, HALE, VTOL, TUAV and MUAV.
– The global military UAV market over the forecast period is expected to be led by Asia-Pacific with a share of 38%, followed by Europe and North America respectively. The Middle East, Africa, and Latin America together are anticipated to account for the remaining market share.
– UCAV is expected to be the largest segment of the military UAV market over the forecast period.

Who Should Buy

– Defence Startup’s, Original Equipment Manufacturers (OEMs), Defence Planners, Venture Capital Firms, Government Agencies, Head of Marketing, Head of Sales, CEOs and Senior Executives.
– The concerned stakeholders can utilize the report to identify high growth segments and customize their offerings to match the project requirements.
– The Venture Capital Firms can utilize the project details, growth rate, and market size to identify and fund high potential startups.

Scope

In particular, the report provides an in-depth analysis of the following –
– Market size and drivers: Detailed analysis during 2021-2031, including highlights of the demand drivers and growth. It also provides a snapshot of the spending and modernization patterns of different regions around the world.
– Recent developments and industry challenges: Insights into technological developments and a detailed analysis of the existing military UAV projects being executed and planned worldwide. It also provides trends of the changing industry structure and the challenges faced by industry participants.
– Regional highlights: study of the key markets in each region, providing an analysis of the key segments of the market that are expected to be in demand.
– Major programs: details of the key programs in each segment, which are expected to be executed during 2021-2031.
– Competitive landscape and strategic insights: analysis of the competitive landscape of the global military UAV market. It provides an overview of key players, their strategic initiatives, and financial analysis.

Reasons to Buy

– Determine prospective investment areas based on a detailed trend analysis of the global military UAV over the next ten years
– Gain in-depth understanding about the underlying factors driving demand for different military UAV segments in the top spending countries across the world and identify the opportunities offered by each of them
– Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others
– Identify the major channels that are driving the global UAV market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
– Channelize resources by focusing on the ongoing programs that are being undertaken by the defense ministries of different countries within the global military UAV market
– Make correct business decisions based on in-depth analysis of the competitive landscape consisting of detailed profiles of the top UAV providers around the world. The company profiles also includes information about the key products, alliances, recent contract awarded, and financial analysis, wherever available

Filed in: Public Sector
Publisher : GlobalData
More Reports
Title Price Buy Now

Unmanned Ground Vehicles Market by Mobility, Application (Military, Commercial, Law Enforcement, Federal Law Enforcement), Mode of Operation, Size, System, and Region (North America, Europe, APAC, Middle East and Rest of the World) – Forecast to 2027

The unmanned ground vehicles market is estimated to be USD 2.7 billion in 2022 and is projected to reach USD 3.6 billion by 2027, at a CAGR of 5.7% from 2022 to 2027. Growth of this market can be attributed to the rise in military applications like combat support, ISR, mine clearance, etc., and commercial applications like firefighting, CBRN. “Development of smart robots for combat operations” Smart robots are an integral part of modern warfare, and, thus, different countries across the globe are increasing, including these robots in their defense forces. They are essential for combat operations and assist defense forces in various missions. Smart robots are designed to handle a broad range of combat tasks, from picking up snipers to carrying out target acquisitions. These robots......
 $4950

Fixed-wing VTOL UAV Market by Application (Military, Government & Law Enforcement, Commercial), Propulsion (Electric, Hybrid, Gasoline), Mode of operation (VLOS, EVLOS, BVLOS), Endurance, Range, MTOW and Region – Global Forecast to 2030

“Increasing demand for fixed wing VTOL UAVs for military, commercial and government and law enforcement applications are driving the market.” The fixed-wing VTOL UAV market includes various players, such as product manufacturers and solution providers. The market is estimated at USD 842 million in 2022 and is projected to reach USD 4,627 million by 2030, at a CAGR of 23.7%. Continous technological advancements have reduced the cost of materials & miniaturization of components used to develop new and advanced UAVs capable of repeatedly flying for long periods. These UAVs improve flight control systems using advanced software and have low operational costs. Fixed-wing VTOL UAVs are becoming highly efficient and effective and, hence, cater to various requirements of the civil &......
 $4950

Aerospace and Defense Telemetry Market by Platform (Ground, Airborne, Marine, Space, Weapons, UAVs), Technology (Wired and Wireless Telemetry), Component ( Receiver, Transmitter, Antenna, Processors), Application, Region – Forecast to 2027

“Increase in airspace modernization programs, demand for high rate data transmission, development of low-cost miniaturized telemetry systems.” The Aerospace and Defense Telemetry Market is estimated to be USD 1.4 billion in 2022 and is projected to reach USD 2.0 billion by 2027, at a CAGR of 6.9% from 2022 to 2027. Factors such as increase in airspace modernization programs, demand for high rate data transmission, development of low-cost miniaturized telemetry systems are driving factors assisting the growth of the aerospace and defense telemetry market. The aerospace and defense telemetry market includes major players such as L3harris Technologies (US), Honeywell International Inc (US), General Dynamics Corporation (US), Lockheed Martin Corporation (US), Maxar Technologies (US),......
 $4950

Waveguide Components and Assemblies Market by Sector, Spectrum, Component (Adapters, Couplers, Loads and Filters, Isolators and Circulators, Duplexers, Phase Shifters, Power Combiners, Pressure Windows) and Region – Global Forecast to 2027

“Increasing launches of satellites and space exploration missions are driving the waveguide components and assembliesmarket.” The Waveguide Components and Assemblies Market is projected to grow from USD 1.3 billion in 2022 to USD 1.6 billion by 2027, at a CAGR of 4.8%. The market exhibits lucrative growth potential during the forecast period primarily due to the advancements in radar technologies, increased demand for microwave devices in electronic warfare systems and increasing launches of satellites and space exploration missions. Nevertheless, the requirement for new-generation warfare systems and demand for high-rate data transmission, to open several growth opportunities for waveguide components and assemblies’ manufacturers during the forecast period. The COVID-19 pandem......
 $4950

Space Power Electronics Market by Device Type (Power Discrete, Power Module, Power IC), Application (Satellites, Spacecraft & Launch Vehicles, Space Stations, Rovers), Platform, Voltage, Current, Material and Region – Global Forecast to 2026

The Space power electronics market is projected to grow from USD 205 million in 2021 to USD 435 million by 2026, at a CAGR of 16.2%. Space power electronics is the application of electronics on satellites, spacecraft, launch vehicles, space stations and rovers to control and convert electric power from one form to other. It deals with the processing of high voltages and currents to deliver power that supports a variety of needs. According to the National Aeronautics and Space Administration, a power electronic system can comprise a modular power electronic subsystem (PESS) connected to a source and load at its input and output power ports, respectively. Semiconductor devices such as metal-oxide semiconductor field effect transistors (MOSFET), insulated gate bipolar transistors (IGBT), mos-......
 $4950

5G in Defense Market by Communication Infrastructure (Small Cell, Macro Cell), Core Network Technology, Platform (Land, Naval, Airborne), End User, Network Type, Chipset, Operational Frequency, Installation and Region – Global Forecast to 2027

“Growing adoption of autonomous and connected devices, and higher network speed and lower latency in 5G are the major factors driving the 5G in defense Market.” The global 5G in defense market size is projected to grow from USD 665 million in 2022 to USD 2,487 million by 2027, at a CAGR of 30.2% from 2022 to 2027. Factors such as the are the Higher network speed, and lower latency in 5G, and growing adoption of autonomous and connected devices are driving factors assisting the growth of 5G in the defense market. The 5G in defense market is dominated by a few globally established players such as Ericsson (Sweden), Huawei (China), Nokia OYJ (Finland), Samsung (South Korea), NEC Corporation (Japan), Thales Group (France), L3Harris Technologies, Inc. (US), Raytheon Technologies (US),......
 $4950

Defense Integrated Antenna Market by Type (Aperture Antenna, Wire Antenna, Array Antenna, Microstrip Antenna), Platform (Ground, Airborne, Marine), Application, Frequency and Region (North America, APAC, Europe, MEA, RoW) – Forecast to 2026

Defense integrated antenna Market: Report Description 2 Defense integrated antenna market is projected to grow from USD 543 million in 2022 to USD 722 million by 2026, at a CAGR of 5.8% during the forecast period. An antenna converts electronic signals to electromagnetic waves (and vice versa) with a minimum loss, and an integrated antenna consists of miniaturized antennas printed on densely populated printed circuit boards (PCB) to electrically large arrays and reflector antennas. Defense integrated antennas are more ruggedized than regular commercial antennas to withstand harsh conditions. The defense integrated antenna market is expected to grow significantly in the coming years, owing to the high demand for compact/integrated antennas. These antennas should be rugged to withstand ha......
 $4950

Military Simulation and Training Market by Application (Army, Aviation, Naval), Type (Live, Virtual, Constructive), Platform (Land, Maritime, Airborne), Solution, Environment (Synthetic, Gaming), Technology & Region – Global Forecast to 2027

The Military Simulation and Training market size is forecasted to grow from an estimated USD 9.2 billion in 2022 to reach USD 12.2 billion by 2027, at a CAGR of 5.6% from 2022 to 2027. Increasing defense spending in the world and new technological developments to help strengthen military capabilities and efficiency is expected to drive the market for Military Simulation and Training across the globe. Increasing geopolitical tensions across regions and overall strengthening activities across the world is triggering the defense spending across these regions. This, in turn, is pushing manufacturers and system component providers to design and manufacture more high technology, high resolution, military simulators for defense personnel to get trained upon. The COVID-19 pandemic has caused si......
 $4950

Insulation Products Market by Insulation Type (Thermal, Acoustic), Material Type (Mineral Wool, Polyurethane Foam, Flexible Elastomeric Foam), End Use (Building & Construction, Industrial, Transportation, Consumer) and Region – Global Forecast to 2026

“Increasing number of warehouse construction driving demand for quick-to-install insulation materials is driving the Insulation products market.” The global Insulation products market size is projected to grow from USD 55.1 billion in 2021 to USD 71.7 billion by 2026, at a CAGR of 5.4% between 2021 and 2026. The insulation products market is expected to grow at a moderate growth rate owing to factors such as Growing steel and aluminium industries in developing nations, Increasing number of warehouse construction driving demand for quick-to-install insulation materials are driving the growth of Insulation products market in Asia Pacific countries. COVID 19 pandemic leading to disruption in the value chain, stringent environmental regulations related to manufacturing of PUF are hinder......
 $4950

Electronically Scanned Array Market by Installation, Platform (Air, Marine, Land), Frequency Band, Type, Component, Range, Dimension, Array Geometry and Region (North America, Europe, APAC, Middle East & Africa and Latin America) – Forecast to 2026

The electronically scanned array market is estimated to be USD 7.4 billion in 2021 and is projected to reach USD 10.4 billion by 2026, at a CAGR of 7.1% from 2021 to 2026. Growth of this market can be attributed to the rise in trade of electronically scanned array, developments in the defense sector, and national security sector. “Increasing defense expenditure of emerging economies to drive the market for electronically scanned array during the forecast period” Emerging economies, such as China and India, are investing in advanced electronically scanned arrays to prepare themselves for any battle. These economies have increased their military budgets to augment their defense powers and are procuring advanced ESA-based navigation systems for air, marine, and land platforms. The g......
 $4950
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy