UAV(ドローン)市場 : 2029年までの世界予測

UAV Market – Global Forecast to 2029

UAV(ドローン)市場 : タイプ (固定翼、回転翼、ハイブリッド)、プラットフォーム (民間&商用、防衛&政府)、販売時点情報管理、システム、機能、産業、用途、動作モード、MTOW、範囲&地域別 – 2029年までの世界予測
UAV (Drone) Market by Type (Fixed Wing, Rotary Wing, Hybrid), Platform (Civil & Commercial, and Defense & Government), Point of Sale, Systems, Function, Industry, Application, Mode of Operation, MTOW, Range and Region – Global Forecast to 2029
出版社MarketsandMarkets
出版年月2024年5月
ページ数449
図表数608
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The UAV (Drone) market is estimated to grow from USD 48.5 billion by 2029, from USD 30.2 billion in 2024, at a CAGR of 9.9% from 2024 to 2029.

UAV (ドローン) 市場は、2024 年から 2029 年まで 9.9% の CAGR で成長し、2024 年には 302 億米ドルから 2029 年までに 485 億米ドルに成長すると推定されています。

UAV(ドローン)市場 : 2029年までの世界予測

The principal driver of growth in the Unmanned Aerial Vehicle (UAV) market is the escalating integration of drones in diverse applications. Technological enhancements, such as improved autonomy, more efficient power systems, and advanced sensing technology, have expanded UAV capabilities. Further, regulatory evolution supporting UAV deployment in civilian and commercial spaces significantly fuels market expansion. The demand surge in sectors like surveillance, delivery services, and environmental monitoring also plays a crucial role. The convergence of UAV technology with emerging digital innovations continues to propel the sector’s upward trajectory.

“Military segment by applications is expected to hold the highest market share in 2024.”

Based on applications, the UAV (Drone) market is categorized into military, commercial, consumer, government& law enforcement. The military segment having highest market share of 56.1%. In the UAV (Drone)market, the military segment is forecasted to command the largest market share, predominantly driven by the integration of UAVs into defense strategies for enhanced surveillance, targeted strikes, and reconnaissance missions. This dominance is facilitated by continuous advancements in UAV technologies that improve reliability, range, and payload capabilities, aligning with military needs. The segment’s growth is further catalysed by substantial investments from governments worldwide in defense modernization programs that prioritize unmanned systems for operational efficiency and tactical superiority. This strategic emphasis on UAV deployment in military operations underscores its pivotal role in the segment’s market leadership.

UAV(ドローン)市場 : 2029年までの世界予測 ecosystem

“Special purpose drone segment by function is estimated to hold the highest market share in 2024.”

Based on function, the UAV market has been segmented into special purpose drones, passenger drones, inspection & monitoring drones, surveying & mapping drones, spraying & seeding drones, air cargo vehicles, and others. This segment’s growth is propelled by the tailored development of UAVs for specific operational requirements, including military, agricultural monitoring, environmental assessment, and disaster management. Technological enhancements that increase UAV versatility and precision for specialized functions support this trend. The adoption of these drones is further driven by regulatory advancements and sector-specific incentives, which facilitate the deployment of UAVs across varied industries. This strategic alignment with niche applications underscores the segment’s significant contribution to market expansion.

“OEM segment by point of sale is estimated to hold the highest market share in 2024.”

Based on point of sale, the UAV market has been segmented into original equipment manufacturers (OEM) and aftermarket. In the UAV market, the Original Equipment Manufacturer (OEM) segment is projected to dominate in terms of market share, primarily due to its direct integration at the point of sale. This strategic positioning enables OEMs to capture a significant portion of the market by delivering integrated, ready-to-use UAV solutions directly to consumers. This dominance is facilitated by the OEMs’ ability to influence purchasing decisions through direct sales channels, ensuring that their products are the preferred choice for end-users from the outset. Such a model not only streamlines the distribution process but also enhances customer acquisition and retention.

“North America is expected to hold the highest market share in 2024.”

In the UAV market forecasts, North America is anticipated to command the predominant market share in 2024. This leadership position is largely driven by robust technological advancements, substantial financial allocations in research and development, and a strong ecosystem of UAV manufacturers and service providers. Additionally, the region benefits from comprehensive regulatory frameworks that not only facilitate drone integration into national airspace but also promote safe and innovative uses across various sectors, including agriculture, surveillance, and logistics. Moreover, the increasing adoption of UAVs by government bodies for security and monitoring tasks, coupled with growing commercial applications, significantly contributes to the expansion of the UAV market. These elements collectively ensure that North America remains at the forefront of UAV market growth, reflecting its pivotal role in shaping global UAV dynamics and technology deployment.

UAV(ドローン)市場 : 2029年までの世界予測 region

The break-up of the profile of primary participants in the UAV (Drone) market:

  •  By Company Type: Tier 1 – 49%, Tier 2 – 37%, and Tier 3 – 14%
  •  By Designation: C Level – 55%, Director Level – 27%, Others – 18%
  •  By Region: North America – 32%, Europe – 32%, Asia Pacific – 16%, Latin America – 7%, Middle East – 10% & Rest of the World – 3%

General Atomics Aeronautical Systems, Inc. (GA-ASI) (US), Northrop Grumman Corporation (US), Elbit Systems Ltd. (Israel), Israel Aerospace Industries Ltd. (Israel), SZ DJI Technology Co., Ltd. (China), AeroVironment, Inc. (US), Lockheed Martin Corporation (US), Thales Group (France), Aeronautics Ltd. (Israel), etc and several others. These key players offer connectivity applicable to various sectors and have well-equipped and strong distribution networks across North America, Europe, Asia Pacific, the Middle East, Africa, and Latin America.

Research Coverage:

This research report categorizes the UAV market based by Point Of Sale (OEM, Aftermarket ) by Systems (Platform, Payload, Datalink, Ground Control Station, UAV Launch And Recovery System) by Platform (Civil & Commercial, Defense & Government)by Function (Special Purpose Drones, Passenger Drones, Inspection & Monitoring Drones, Surveying & Mapping Drones, Spraying & Seeding Drones, Others) By Industry(Defense & Security, Agriculture, Logistics & Transportation, Energy & Power, Construction & mining, Insurance, Wildlife & Forestry, Academic & Forestry). By Application (Military, Commercial, Government & Law Enforcement, Consumer) by Type (Fixed Wing, Rotary Wing, Hybrid Wing) By Operation Mode (Remotely Piloted, Optionally Piloted, Fully Autonomous) By MTOW (<25 KG, 25-170 KG, >170 KG), By Range (Visual Line Of Sight, Extended Visual Line Of Sight, Beyond Visual Line Of Sight).
These segments have been mapped across major regions, namely, North America, Europe, Asia Pacific, and the Middle East, Latin America, and Africa. The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the UAV market. A detailed analysis of the key industry players has been done to provide insights into their business overviews; solutions and services; key strategies; agreements, collaborations, new product launches, contracts, expansion, acquisitions, and partnerships associated with the UAV marketThis report segments the UAV (Drone) market across six key regions: North America, Europe, Asia Pacific, the Middle East, Africa and Latin America along with their respective key countries. The report’s scope includes in-depth information on significant factors, such as drivers, restraints, challenges, and opportunities that influence the growth of the UAV (Drone) market.
A comprehensive analysis of major industry players has been conducted to provide insights into their business profiles, solutions, and services. This analysis also covers key aspects like agreements, collaborations, new product launches, contracts, expansions, acquisitions, and partnerships associated with the UAV (Drone) market.

Reasons to buy this report:

This report serves as a valuable resource for market leaders and newcomers in the UAV (Drone) market, offering data that closely approximates revenue figures for both the overall market and its subsegments. It equips stakeholders with a comprehensive understanding of the competitive landscape, facilitating informed decisions to enhance their market positioning and formulating effective go-to-market strategies for Simulation. The report imparts valuable insights into the market dynamics, offering information on crucial factors such as drivers, restraints, challenges, and opportunities, enabling stakeholders to gauge the market’s pulse.

The report provides insights on the following pointers:

• Analysis of the key driver (Increasing usage in civil and commercial applications) restraint (Lack of qualified and certified drone operators) opportunities (Technological advancements to enhance accuracy of package delivery) and challenges (Lack of sustainable power sources to improve endurance) there are several factors that could contribute to an increase in the UAV (Drone) market.

• Market Penetration: Comprehensive information on UAV (Drone) solutions offered by the top players in the market

• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the UAV (Drone) market

• Market Development: Comprehensive information about lucrative markets – the report analyses the UAV (Drone) market across varied regions.

• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the UAV (Drone) market

• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players in the UAV (Drone) market

Table of Contents

1               INTRODUCTION        54

1.1            STUDY OBJECTIVES 54

1.2            MARKET DEFINITION                54

1.3            MARKET SCOPE      55

FIGURE 1 UAV MARKET SEGMENTATION                 55

1.3.1        REGIONS COVERED 56

1.3.2        YEARS CONSIDERED                56

1.4            CURRENCY & PRICING             56

TABLE 1   USD EXCHANGE RATES            57

1.5            INCLUSIONS AND EXCLUSIONS               57

TABLE 2   UAV MARKET: INCLUSIONS AND EXCLUSIONS        57

1.6            STAKEHOLDERS      58

1.7            SUMMARY OF CHANGES         59

1.7.1        RECESSION IMPACT                 59

2               RESEARCH METHODOLOGY    60

2.1            RESEARCH DATA     60

FIGURE 2 RESEARCH PROCESS FLOW   60

FIGURE 3 RESEARCH DESIGN 61

2.1.1        SECONDARY DATA   61

2.1.1.1     Key data from secondary sources           62

2.1.2        PRIMARY DATA         62

2.1.2.1     Key data from primary respondents       63

2.1.2.2     Key primary sources                63

2.1.2.3     Key data from primary sources                64

2.1.2.4     Breakdown of primary interviews            65

FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION,  AND REGION    65

2.2            FACTOR ANALYSIS   65

2.2.1        INTRODUCTION        65

2.2.2        DEMAND-SIDE INDICATORS    66

2.2.3        SUPPLY-SIDE INDICATORS      66

2.3            MARKET SIZE ESTIMATION      66

2.3.1        BOTTOM-UP APPROACH          66

2.3.1.1     Regional spilt of UAV market  67

2.3.1.2     Pricing analysis        67

TABLE 3   MARKET SIZE ILLUSTRATION  68

FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH   68

2.3.2        TOP-DOWN APPROACH            68

FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH    69

2.4            DATA TRIANGULATION              69

FIGURE 7 DATA TRIANGULATION              69

2.5            RECESSION IMPACT ANALYSIS                70

2.5.1        KEY ELEMENTS        70

2.5.2        SCENARIO ANALYSIS                70

2.6            RESEARCH ASSUMPTIONS     71

2.7            RESEARCH LIMITATIONS         71

2.8            RISK ANALYSIS        71

3               EXECUTIVE SUMMARY             72

FIGURE 8 OEM POINT OF SALE SEGMENT TO ACCOUNT FOR DOMINANT SHARE OF UAV MARKET IN 2024        72

FIGURE 9 DEFENSE & GOVERNMENT SEGMENT TO DOMINATE UAV MARKET IN 2024        73

FIGURE 10                FULLY AUTONOMOUS UAVS TO GROW AT HIGHEST RATE DURING FORECAST PERIOD    73

FIGURE 11                SPECIAL-PURPOSE DRONES TO HOLD LARGEST SHARE OF UAV MARKET IN 2024        74

FIGURE 12                MILITARY TO BE LARGEST APPLICATION SEGMENT OF UAV MARKET IN 2024                  74

FIGURE 13                <25 KG MTOW TO BE LARGEST SEGMENT OF UAV MARKET IN 2024   75

FIGURE 14                BVLOS TO BE LARGEST RANGE SEGMENT OF UAV MARKET IN 2024    75

FIGURE 15                UAV MARKET IN EUROPE TO GROW AT HIGHEST CAGR FROM 2024 TO 2029                  76

4               PREMIUM INSIGHTS                 77

4.1            ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN UAV MARKET 77

FIGURE 16                INCREASING FUNDING AND USE OF UAVS FOR VARIOUS COMMERCIAL AND DEFENSE APPLICATIONS TO DRIVE MARKET           77

4.2            UAV MARKET, BY SPECIAL-PURPOSE DRONE TYPE 77

FIGURE 17                UCAV SEGMENT TO LEAD SPECIAL-PURPOSE UAV MARKET DURING FORECAST PERIOD    77

4.3            UAV MARKET, BY SYSTEM       78

FIGURE 18                PLATFORM SEGMENT TO LEAD MARKET DURING FORECAST PERIOD   78

4.4            UAV MARKET, BY COMMERCIAL APPLICATION        78

FIGURE 19                INSPECTION & MONITORING TO BE LARGEST COMMERCIAL APPLICATION DURING FORECAST PERIOD    78

4.5            UAV MARKET, BY GOVERNMENT & LAW ENFORCEMENT APPLICATION 79

FIGURE 20                BORDER MANAGEMENT TO BE DOMINANT GOVERNMENT & LAW ENFORCEMENT APPLICATION DURING FORECAST PERIOD    79

4.6            UAV MARKET, BY CONSUMER APPLICATION           79

FIGURE 21                PROSUMERS TO BE LEADING CONSUMER APPLICATION SEGMENT OF UAV MARKET  79

4.7            UAV MARKET, BY PROPULSION SYSTEM 80

FIGURE 22                ENGINE SEGMENT PROJECTED TO HOLD MAJOR SHARE DURING FORECAST PERIOD    80

4.8            UAV MARKET, BY PAYLOAD TYPE             80

FIGURE 23                INTELLIGENCE PAYLOAD TO COMMAND LARGEST SHARE DURING FORECAST PERIOD    80

4.9            UAV MARKET, BY MULTICOPTER TYPE    81

FIGURE 24                QUADCOPTER SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD  81

5               MARKET OVERVIEW 82

5.1            INTRODUCTION        82

5.2            MARKET DYNAMICS                 82

FIGURE 25                UAV MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES                  83

5.2.1        DRIVERS  83

5.2.1.1     Rising procurement for military applications          83

FIGURE 26                NUMBER OF COUNTRIES DEVELOPING, ACQUIRING, AND USING ARMED DRONES, 2000–2020             84

5.2.1.2     Farm management optimization using agricultural drones    84

FIGURE 27                AGRICULTURAL DRONES AND THEIR BENEFITS      85

5.2.1.3     Increasing use in civil and commercial applications               85

5.2.1.4     Sensor and technology development      86

FIGURE 28                DECREASING COST OF DRONE COMPONENTS (USD)             87

5.2.1.5     Supportive government regulations and initiatives 87

TABLE 4   COMMERCIAL INDUSTRIES EXEMPTED BY FAA       88

5.2.2        RESTRAINTS             88

5.2.2.1     Information security risk and lack of standardized air traffic regulations               88

5.2.2.2     Lack of qualified and certified drone operators      89

5.2.2.3     Limited payload capacity of commercial drones    90

5.2.3        OPPORTUNITIES      90

5.2.3.1     High investments in commercial drone industry    90

FIGURE 29                INVESTMENTS IN COMMERCIAL DRONE INDUSTRY, 2013–2023 (USD MILLION)                  90

5.2.3.2     Use of UAVs for cargo delivery in military operations              91

5.2.3.3     Growing use in providing wireless coverage            91

5.2.3.4     Technological advancements to enhance accuracy of package delivery                92

5.2.3.5     Real-time monitoring of road traffic        92

5.2.4        CHALLENGES           93

5.2.4.1     Issues with hijacking and security of UAVs              93

5.2.4.2     Lack of sustainable power sources to improve endurance    93

TABLE 5   ENDURANCE-BASED MAPPING OF POWER SOURCES             93

5.2.4.3     Unpredictable weather conditions           93

5.3            ECOSYSTEM ANALYSIS            94

5.3.1        PLATFORM MANUFACTURERS 94

5.3.2        SUBSYSTEM MANUFACTURERS               94

5.3.3        SERVICE PROVIDERS               94

5.3.4        SOFTWARE PROVIDERS           94

5.3.5        MISCELLANEOUS    94

FIGURE 30                UAV MARKET ECOSYSTEM      95

TABLE 6   ROLE OF COMPANIES IN ECOSYSTEM    95

5.4            TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS  96

FIGURE 31                REVENUE SHIFTS AND NEW REVENUE POCKETS IN UAV MARKET         97

5.5            VALUE CHAIN ANALYSIS           97

FIGURE 32                VALUE CHAIN ANALYSIS           97

5.5.1        PLANNING AND REVISED FUNDING         97

5.5.2        RESEARCH & DEVELOPMENT 98

5.5.3        RAW MATERIAL PROCUREMENT AND MANUFACTURING        98

5.5.4        ASSEMBLY, TESTING, AND APPROVALS 98

5.5.5        DISTRIBUTION AND AFTER-SALES SERVICES          98

5.6            TRADE DATA ANALYSIS            98

TABLE 7   IMPORT AND EXPORT STATISTICS FOR UAVS          98

5.6.1        IMPORT DATA ANALYSIS          99

5.6.1.1     Unmanned aircraft (HS Code: 8806)      99

FIGURE 33                TOP 10 IMPORTING COUNTRIES, 2022−2023 (USD THOUSAND)          99

5.6.2        EXPORT DATA ANALYSIS          100

5.6.2.1     Unmanned aircraft (HS Code: 8806)      100

FIGURE 34                TOP 10 EXPORTING COUNTRIES, 2022−2023 (USD THOUSAND)          100

5.7            OPERATIONAL DATA 100

FIGURE 35                TOTAL ACTIVE FLEET OF DRONES USED BY US NAVY AND MARINE (BY UNITS)                  100

FIGURE 36                TOTAL ACTIVE FLEET OF DRONES USED BY US AIR FORCE (UNITS)        101

FIGURE 37                COMMERCIAL AND RECREATIONAL UAVS REGISTERED IN US,  2017–2023 (UNITS)    101

5.8            PRICING ANALYSIS  102

5.8.1        INDICATIVE PRICING ANALYSIS, BY APPLICATION AND REGION              102

FIGURE 38                INDICATIVE PRICING, BY APPLICATION AND REGION (USD)    102

TABLE 8   INDICATIVE PRICE RANGE, BY APPLICATION AND REGION (USD)            102

TABLE 9   INDICATIVE PRICE RANGE FOR MILITARY UAVS, BY REGION (USD MILLION)          103

5.8.2        INDICATIVE PRICING ANALYSIS, BY PLATFORM      103

5.9            BILL OF MATERIALS 104

FIGURE 39                COMMERCIAL DRONE KEY COMPONENT DISTRIBUTION        104

FIGURE 40                MILITARY DRONE KEY COMPONENT DISTRIBUTION                104

5.10         BUSINESS MODEL   105

5.10.1      DIRECT SALE BUSINESS MODEL              105

FIGURE 41                DIRECT SALE BUSINESS MODEL              105

5.10.2      SUBSCRIPTION-BASED SERVICE MODEL                 106

FIGURE 42                SUBSCRIPTION-BASED SERVICE MODEL                 106

5.10.3      OPERATING LEASE MODEL      107

FIGURE 43                OPERATING LEASE MODEL      107

TABLE 10 LEASED MILITARY DRONES     108

FIGURE 44                BUSINESS MODELS IN UAV MARKET      108

FIGURE 45                BUSINESS MODEL COMPARISON            109

5.11         VOLUME DATA          109

TABLE 11 UAV MARKET, BY REGION, 2020–2022 (UNITS)    109

5.12         INVESTMENT AND FUNDING SCENARIO 109

FIGURE 46                INVESTMENT AND FUNDING SCENARIO, 2019−2023            110

5.13         KEY STAKEHOLDERS AND BUYING CRITERIA          110

5.13.1      KEY STAKEHOLDERS IN BUYING PROCESS             110

FIGURE 47                INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS         110

TABLE 12 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS (%)                  110

5.13.2      BUYING CRITERIA    111

FIGURE 48                KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS  111

TABLE 13 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS  111

5.14         TECHNOLOGY ROADMAP         111

FIGURE 49                TECHNOLOGY ROADMAP FOR UAV MARKET            112

FIGURE 50                EMERGING TRENDS                 113

5.15         TOTAL COST OF OWNERSHIP  114

TABLE 14 TOTAL COST OF OWNERSHIP OF UAVS   114

FIGURE 51                TOTAL COST OF OWNERSHIP ASSOCIATED WITH ACQUISITION OF UAVS                  115

FIGURE 52                UAV LIFE CYCLE PHASES         115

FIGURE 53                AVERAGE BREAKDOWN OF MAJOR COST CATEGORIES AS % OF TOTAL LIFE CYCLE COST             116

TABLE 15 ESTIMATED COST OF DRONES                 116

TABLE 16 TECHNICAL COST OF DRONES 117

5.16         USE CASE ANALYSIS                 117

5.16.1      TRANSFER OF MEDICAL PRESCRIPTIONS USING DRONES FROM MANNA AERO   117

TABLE 17 ESSENTIAL SUPPLIES DELIVERED BY MANNA AERO IN RURAL AREAS  117

5.16.2      AEROVIRONMENT’S MARITIME INITIATIVE                118

TABLE 18 AEROVIRONMENT’S UAS FOR MARITIME COUNTER-TRAFFICKING OPERATIONS   118

5.16.3      CARGO DRONE FIELD TESTS IN AMAZON FOREST IN PERU   118

TABLE 19 FIELD TESTS USING CARGO DRONES TO DELIVER VACCINES AND BLOOD SAMPLES                  118

5.16.4      NAGORNO-KARABAKH CONFLICT            119

TABLE 20 IMPORTANCE OF ARMED DRONES AND HIGHLY TRAINED GROUND FORCES DEMONSTRATED     119

5.16.5      ZIPLINE DRONES USED TO DELIVER COVID-19 VACCINES     119

TABLE 21 COVID-19 VACCINES DELIVERED TO GHANA BY ZIPLINE        119

5.16.6      CANYON MAPPING IN COLORADO, US     120

TABLE 22 SAND CANYON MAPPED BY CCAC AND CANM        120

5.17         TECHNOLOGY ANALYSIS          120

5.17.1      KEY TECHNOLOGIES                120

5.17.1.1  Artificial intelligence in UAVS   120

TABLE 23 COMPANIES WORKING TOWARD DEVELOPMENT OF DRONE SOFTWARE WITH AI 121

TABLE 24 COMPANIES WORKING TOWARD DEVELOPMENT OF DRONE EQUIPMENT WITH AI                  122

TABLE 25 UAV INNOVATIONS  123

5.17.1.2  Mid-Air refueling of drones      123

5.17.1.3  Anti-UAV defense systems       123

5.17.1.4  UAV with LiDAR system            124

TABLE 26 USAGE OF DRONES WITH LIDAR SYSTEM                125

5.17.2      COMPLEMENTARY TECHNOLOGIES        126

5.17.2.1  Beyond visual line of sight (BVLOS) operations      126

5.17.2.2  Increased autonomy in traffic management           126

5.17.2.3  Energy harvesting   126

5.17.2.4  Enhanced security protocols  126

5.18         REGULATORY LANDSCAPE      127

5.18.1      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS  127

TABLE 27 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS      127

TABLE 28 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                  127

TABLE 29 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS      128

TABLE 30 MIDDLE EAST: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS      128

TABLE 31 LATIN AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS      129

TABLE 32 DRONE REGULATIONS AND APPROVAL FOR COMMERCIAL SECTOR, BY COUNTRY                  129

5.18.2      NORTH AMERICA     131

5.18.2.1  US             131

TABLE 33 US: RULES AND GUIDELINES BY FAA FOR OPERATION OF DRONES       131

5.18.2.2  Canada    132

TABLE 34 CANADA: RULES AND GUIDELINES FOR OPERATION OF DRONES           132

5.18.3      EUROPE   132

5.18.3.1  UK            132

TABLE 35 UK: RULES AND GUIDELINES BY CAA FOR OPERATION OF DRONES      132

5.18.3.2  Germany 133

TABLE 36 GERMANY: RULES AND GUIDELINES FOR OPERATION OF DRONES       133

5.18.3.3  France     133

TABLE 37 FRANCE: RULES AND GUIDELINES FOR OPERATION OF DRONES           133

TABLE 38 UAV REGULATIONS, BY COUNTRY            133

5.19         KEY CONFERENCES AND EVENTS           134

TABLE 39 KEY CONFERENCES AND EVENTS, 2024–2025    134

6               INDUSTRY TRENDS 135

6.1            INTRODUCTION        135

6.2            TECHNOLOGY TRENDS            135

6.2.1        DRONE SWARM TECHNOLOGY                135

6.2.2        SYNTHETIC APERTURE RADAR                 136

6.2.3        MANNED-UNMANNED TEAMING (MUM-T)                136

6.2.4        HYPERSONIC ARMED DRONES                137

6.2.5        DRONE MANUFACTURING USING ADVANCED MATERIALS      137

6.2.6        SIGINT BY DRONES 138

6.2.7        NETWORK FUNCTIONS VIRTUALIZATION (NFV)       138

6.2.8        MICROTURBINE ENGINE-POWERED DRONES         138

6.2.9        MICROMECHANICAL FLYING INSECTS    139

6.2.10      SOFTWARE-DEFINED NETWORKING (SDN)              139

6.2.11      MILLIMETER-WAVE (MM-WAVE) TECHNOLOGY       139

6.2.12      TARGET DRONES     140

6.2.13      VALUING UAVS (PILOT-ON-A-CHIP)           140

6.2.14      DRONE INSURANCE 141

TABLE 40 INSURANCE COVERAGE OFFERED           141

TABLE 41 COMPANIES PROVIDING DRONE INSURANCE         142

6.3            UAV PRODUCT ECOSYSTEM    142

6.3.1        BRIEF DESCRIPTION OF KEY UAV PRODUCTS         142

TABLE 42 KEY UAV PRODUCTS                 142

6.4            UAV SPECIFICATIONS               144

6.5            SOFTWARE USED IN UAVS       146

TABLE 43 RECENT UPGRADES TO UAV-BASED SOFTWARE     147

6.6            UAV SERVICES         148

TABLE 44 COMPANIES PROVIDING VARIOUS UAV SERVICES  148

6.7            IMPACT OF MEGATRENDS       149

6.7.1        NANOTECHNOLOGY 149

6.7.2        ARTIFICIAL INTELLIGENCE       150

6.7.3        GREEN INITIATIVE    150

6.7.4        GREATER CUSTOMIZATION     151

6.7.5        DISRUPTIVE TECHNOLOGIES  151

6.7.6        REGULATORY CHANGES          151

6.7.7        EXTENDING REACH OF MOBILE IOT         151

6.7.8        REDUCING ENVIRONMENTAL IMPACT OF DELIVERY VEHICLES               152

6.7.9        3D PRINTING            152

6.8            MATURITY MAPPING OF DRONE TECHNOLOGIES   153

FIGURE 54                MATURITY STAGES OF DRONE TECHNOLOGIES      153

6.9            SUPPLY CHAIN ANALYSIS        153

FIGURE 55                SUPPLY CHAIN ANALYSIS        154

6.10         PATENT ANALYSIS   154

FIGURE 56                PATENT ANALYSIS   154

TABLE 45 UAV MARKET: KEY PATENTS, JANUARY 2020–APRIL 2024   155

7               UAV MARKET, BY POINT OF SALE             161

7.1            INTRODUCTION        162

FIGURE 57                OEM SEGMENT OF UAV MARKET TO GROW AT HIGHER CAGR FROM  2024 TO 2029        162

TABLE 46 UAV MARKET, BY POINT OF SALE, 2020–2023 (USD MILLION)              162

TABLE 47 UAV MARKET, BY POINT OF SALE, 2024–2029 (USD MILLION)              162

7.2            ORIGINAL EQUIPMENT MANUFACTURER (OEM)      163

7.2.1        INCREASING ADOPTION OF NEXT-GENERATION UAVS TO DRIVE MARKET              163

7.3            AFTERMARKET         163

7.3.1        HIGH DEMAND FOR AFTERMARKET SERVICES TO MAINTAIN AND UPGRADE UAVS TO DRIVE MARKET        163

TABLE 48 UAV AFTERMARKET, BY SERVICE, 2020–2023 (USD MILLION)              164

TABLE 49 UAV AFTERMARKET, BY SERVICE, 2024–2029 (USD MILLION)              164

7.3.2        REPLACEMENT        164

7.3.3        MAINTENANCE, REPAIR, AND OVERHAUL (MRO)    164

7.3.4        SIMULATION & TRAINING         165

8               UAV MARKET, BY SYSTEM       166

8.1            INTRODUCTION        167

FIGURE 58                PLATFORM SEGMENT TO ACCOUNT FOR LARGEST SHARE OF UAV MARKET, 2024–2029             167

TABLE 50 UAV MARKET, BY SYSTEM, 2020–2023 (USD MILLION)        167

TABLE 51 UAV MARKET, BY SYSTEM, 2024–2029 (USD MILLION)        167

8.2            PLATFORM               168

8.2.1        INCREASING ADOPTION IN COMMERCIAL AND DEFENSE SEGMENTS TO DRIVE MARKET                  168

TABLE 52 PLATFORM: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)          168

TABLE 53 PLATFORM: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)          168

8.2.2        AIRFRAME                 168

TABLE 54 AIRFRAME: UAV MARKET, BY MATERIAL, 2020–2023 (USD MILLION)  169

TABLE 55 AIRFRAME: UAV MARKET, BY MATERIAL, 2024–2029 (USD MILLION)  169

8.2.2.1     Alloys       169

8.2.2.2     Plastics    169

8.2.2.3     Composites              169

TABLE 56 COMPOSITES: UAV AIRFRAME MATERIAL MARKET, BY TYPE, 2020–2023 (USD MILLION)                  170

TABLE 57 COMPOSITES: UAV AIRFRAME MATERIAL MARKET, BY TYPE, 2024–2029 (USD MILLION)                  170

8.2.2.3.1 Carbon fiber-reinforced polymer (CFRP) 170

8.2.2.3.2 Glass fiber-reinforced polymer (GFRP)   170

8.2.2.3.3 Boron fiber-reinforced polymer (BFRP)   171

8.2.2.3.4 Aramid fiber-reinforced polymer (AFRP) 171

8.2.3        AVIONICS 171

TABLE 58 AVIONICS: UAV MARKET, BY SYSTEM TYPE, 2020–2023 (USD MILLION)               171

TABLE 59 AVIONICS: UAV MARKET, BY SYSTEM TYPE, 2024–2029 (USD MILLION)               171

8.2.3.1     Flight control            172

TABLE 60 FLIGHT CONTROL SYSTEM: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION) 172

TABLE 61 FLIGHT CONTROL SYSTEM: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION) 172

8.2.3.1.1 Air Data/Computer 172

8.2.3.1.2 Autopilot/Flight control computer           172

8.2.3.2     Navigation                172

TABLE 62 NAVIGATION: UAV MARKET, BY SYSTEM TYPE, 2020–2023 (USD MILLION)          172

TABLE 63 NAVIGATION: UAV MARKET, BY SYSTEM TYPE, 2024–2029 (USD MILLION)          173

8.2.3.2.1 Global positioning system (GPS)/Global navigation satellite system (GNSS)         173

8.2.3.2.2 Inertial navigation system (INS)/Inertial measurement unit (IMU)          173

8.2.3.2.3 Sense & avoid          173

8.2.3.3     Sensor     173

TABLE 64 SENSOR: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)               173

TABLE 65 SENSOR: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)               174

8.2.3.3.1 Speed sensor           174

8.2.3.3.2 Light sensor             174

8.2.3.3.3 Proximity sensor      174

8.2.3.3.4 Temperature sensor                174

8.2.3.3.5 Position sensor        174

8.2.3.4     Communications     175

8.2.3.5     Others      175

8.2.4        PROPULSION SYSTEM             175

TABLE 66 PROPULSION SYSTEM: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)        175

TABLE 67 PROPULSION SYSTEM: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)        175

8.2.4.1     Engine      176

TABLE 68 ENGINE: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)                176

TABLE 69 ENGINE: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)                176

8.2.4.1.1 Gas engine               176

8.2.4.1.2 Electric engine         176

8.2.4.2     Battery     176

TABLE 70 BATTERY: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)              177

TABLE 71 BATTERY: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)              177

8.2.4.2.1 Rechargeable          177

8.2.4.2.2 Solar cell 177

8.2.4.2.3 Fuel cell   177

8.2.5        SOFTWARE               178

8.3            PAYLOAD 178

8.3.1        HIGH DEMAND FROM COMMERCIAL SEGMENT TO DRIVE MARKET       178

TABLE 72 PAYLOAD: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)             178

TABLE 73 PAYLOAD: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)             179

8.3.2        CAMERA  179

TABLE 74 CAMERA: UAV PAYLOAD MARKET, BY TYPE, 2020–2023 (USD MILLION)               179

TABLE 75 CAMERA: UAV PAYLOAD MARKET, BY TYPE, 2024–2029 (USD MILLION)               179

8.3.2.1     High-resolution camera           180

8.3.2.2     Multispectral camera               180

8.3.2.3     Hyperspectral camera             180

8.3.2.4     Thermal camera      180

8.3.2.5     Electro-optical (EO)/Infrared (IR) camera                180

8.3.3        INTELLIGENCE PAYLOAD         180

TABLE 76 INTELLIGENCE PAYLOAD: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)    180

TABLE 77 INTELLIGENCE PAYLOAD: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)    181

8.3.3.1     Signal intelligence (SIGINT)     181

8.3.3.2     Electronic intelligence (ELINT) 181

8.3.3.3     Communication intelligence (COMINT)   181

8.3.3.4     Telemetry intelligence (TELINT)                182

8.3.4        RADAR     182

TABLE 78 RADAR: UAV PAYLOAD MARKET, BY TYPE, 2020–2023 (USD MILLION) 182

TABLE 79 RADAR: UAV PAYLOAD MARKET, BY TYPE, 2024–2029 (USD MILLION) 182

8.3.4.1     Synthetic aperture radar (SAR)                182

8.3.4.2     Active electronically scanned array (AESA) radar   182

8.3.5        LIDAR       183

8.3.6        GIMBAL    183

8.4            DATA LINK                183

8.4.1        DEFENSE SECTOR TO UNDERPIN GROWTH OF DATA LINK MARKET      183

8.5            GROUND CONTROL STATION  183

8.5.1        ABILITY TO ENABLE MISSION PLANNING AND OFFER FULL FLIGHT CONTROL FOR DRONES TO DRIVE MARKET  183

8.6            LAUNCH & RECOVERY SYSTEM               184

8.6.1        APPLICATION LIMITED TO SMALL UAVS  184

9               UAV MARKET, BY PLATFORM  185

9.1            INTRODUCTION        186

TABLE 80 UAV MARKET VOLUME (IN UNITS), BY PLATFORM, 2020–2023             186

TABLE 81 UAV MARKET VOLUME (IN UNITS), BY PLATFORM, 2024–2029             186

FIGURE 59                DEFENSE & GOVERNMENT PLATFORM TO DOMINATE UAV MARKET  FROM 2024 TO 2029         186

TABLE 82 UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)   187

TABLE 83 UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)   187

9.2            CIVIL & COMMERCIAL              187

9.2.1        EMERGING APPLICATIONS IN CIVIL AND COMMERCIAL SECTORS TO DRIVE MARKET                  187

TABLE 84 CIVIL & COMMERCIAL: UAV MARKET, BY PLATFORM TYPE, 2020–2023 (USD MILLION)                  187

TABLE 85 CIVIL & COMMERCIAL: UAV MARKET, BY PLATFORM TYPE, 2024–2029 (USD MILLION)                  188

9.2.2        MICRO     188

9.2.3        SMALL     188

9.2.4        MEDIUM  188

9.2.5        LARGE      189

9.3            DEFENSE & GOVERNMENT     189

9.3.1        INCREASING USE OF DRONES IN RESCUE AND ISR OPERATIONS TO DRIVE MARKET                  189

TABLE 86 DEFENSE & GOVERNMENT: UAV MARKET, BY PLATFORM TYPE,  2020–2023 (USD MILLION) 189

TABLE 87 DEFENSE & GOVERNMENT: UAV MARKET, BY PLATFORM TYPE,  2024–2029 (USD MILLION) 189

9.3.2        SMALL     190

TABLE 88 SMALL UAV MARKET, BY TYPE, 2020–2023 (USD MILLION) 190

TABLE 89 SMALL UAV MARKET, BY TYPE, 2024–2029 (USD MILLION) 190

9.3.2.1     Nano        190

9.3.2.2     Micro       190

9.3.2.3     Mini          191

9.4            TACTICAL 191

TABLE 90 TACTICAL UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)              191

TABLE 91 TACTICAL UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)              192

9.4.1        CLOSE RANGE          192

9.4.2        SHORT RANGE         192

9.4.3        MEDIUM RANGE      192

9.4.4        LONG RANGE           192

9.4.5        STRATEGIC               193

TABLE 92 STRATEGIC UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)           193

TABLE 93 STRATEGIC UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)           193

9.4.5.1     HALE        193

9.4.5.2     MALE        194

10             UAV MARKET, BY FUNCTION   195

10.1         INTRODUCTION        196

FIGURE 60                SPECIAL-PURPOSE DRONES SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE FROM 2024 TO 2029 196

TABLE 94 UAV MARKET, BY FUNCTION, 2020–2023 (USD MILLION)     196

TABLE 95 UAV MARKET, BY FUNCTION, 2024–2029 (USD MILLION)     197

10.2         SPECIAL PURPOSE DRONES   197

TABLE 96 SPECIAL PURPOSE DRONES: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)                  197

TABLE 97 SPECIAL PURPOSE DRONES: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)                  197

10.2.1      UCAVS      198

10.2.2      SWARM DRONES     198

10.2.3      STRATOSPHERIC DRONES      198

10.2.4      EXO-STRATOSPHERIC DRONES                198

10.3         PASSENGER DRONES              198

TABLE 98 PASSENGER DRONES: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)         199

TABLE 99 PASSENGER DRONES: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)         199

10.3.1      DRONE TAXIS           199

10.3.2      AIR SHUTTLES          200

10.3.3      AIR AMBULANCES   200

10.3.4      PERSONAL AIR VEHICLES        200

10.4         INSPECTION & MONITORING DRONES    200

10.5         SURVEYING & MAPPING DRONES           201

10.6         SPRAYING & SEEDING DRONES               201

10.7         OTHERS   201

10.7.1      PHOTOGRAPHY/FILMING DRONES         201

10.7.2      CARGO DELIVERY DRONES     201

11             UAV MARKET, BY INDUSTRY   202

11.1         INTRODUCTION        203

FIGURE 61                DEFENSE & SECURITY TO COMMAND LARGEST SHARE OF UAV MARKET DURING FORECAST PERIOD  203

TABLE 100               UAV MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)     203

TABLE 101               UAV MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)     204

11.2         DEFENSE & SECURITY             204

11.2.1      DEVELOPMENT OF ADVANCED UNMANNED SYSTEMS FOR COMBAT OPERATIONS TO DRIVE MARKET        204

11.3         AGRICULTURE          204

11.3.1      INCREASING UTILIZATION OF DRONES FOR MONITORING AND SPRAYING PURPOSES TO DRIVE MARKET        204

11.4         LOGISTICS & TRANSPORTATION              205

11.4.1      RISING DEMAND FOR REDUCED DELIVERY TIMES TO DRIVE MARKET  205

TABLE 102               LOGISTICS & TRANSPORTATION: UAV MARKET, BY APPLICATION,  2020–2023 (USD MILLION)         205

TABLE 103               LOGISTICS & TRANSPORTATION: UAV MARKET, BY APPLICATION,  2024–2029 (USD MILLION)         205

11.4.2      POSTAL & PACKAGE DELIVERY                205

11.4.3      HEALTHCARE & PHARMACY DELIVERY   206

11.4.4      RETAIL & FOOD DELIVERY       206

11.5         ENERGY & POWER  206

11.5.1      NEED FOR REAL-TIME DATA AND MAINTENANCE SURVEILLANCE FOR POWER INFRASTRUCTURE TO DRIVE MARKET    206

TABLE 104               ENERGY & POWER: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)                  206

TABLE 105               ENERGY & POWER: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)                  206

11.5.2      POWER GENERATION               207

11.5.3      OIL & GAS                 207

11.6         CONSTRUCTION & MINING      207

11.6.1      INCREASING AVAILABILITY OF APPLICATION-SPECIFIC DRONES TO DRIVE MARKET                  207

11.7         MEDIA & ENTERTAINMENT      207

11.7.1      INCREASING ADOPTION BY AMATEUR PHOTOGRAPHERS AND FILM INDUSTRY TO DRIVE MARKET  207

11.8         INSURANCE              208

11.8.1      NEED TO MONITOR DISASTER-PRONE AREAS AND GATHER DATA FOR GIVING ACCURATE QUOTES TO DRIVE MARKET    208

11.9         WILDLIFE & FORESTRY            208

11.9.1      GROWING DEMAND FOR CONSERVATION AND RESOURCE MANAGEMENT TO DRIVE MARKET  208

11.10       ACADEMICS              208

11.10.1   AVAILABILITY OF VARIETY OF INSTRUMENTS TO DRIVE MARKET            208

12             UAV MARKET, BY APPLICATION                209

12.1         INTRODUCTION        210

TABLE 106               UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2020–2023         210

TABLE 107               UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2024–2029         210

TABLE 108               UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 211

TABLE 109               UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 211

12.2         MILITARY 212

12.2.1      EXECUTION OF HIGH-PROFILE MILITARY OR COMBAT MISSIONS TO DRIVE MARKET                  212

TABLE 110               MILITARY: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)                  212

TABLE 111               MILITARY: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)                  212

12.2.2      INTELLIGENCE, SURVEILLANCE, AND RECONNAISSANCE (ISR)               212

12.2.3      COMBAT OPERATIONS             213

TABLE 112               COMBAT OPERATIONS: MILITARY DRONE MARKET, BY TYPE, 2020–2023 (USD MILLION) 213

TABLE 113               COMBAT OPERATIONS: MILITARY DRONE MARKET, BY TYPE, 2024–2029 (USD MILLION) 213

12.2.3.1  Lethal       213

12.2.3.2  Stealth     214

12.2.3.3  Loitering munition   214

12.2.3.4  Target      214

12.2.4      DELIVERY 215

12.3         COMMERCIAL          215

12.3.1      INTEGRATION OF VARIOUS FEATURES IN DRONES TO DRIVE MARKET  215

TABLE 114               COMMERCIAL: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)                  215

TABLE 115               COMMERCIAL: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)                  216

12.3.2      REMOTE SENSING  216

12.3.3      INSPECTION & MONITORING  216

12.3.4      PRODUCT DELIVERY                 216

12.3.5      SURVEYING & MAPPING          217

12.3.6      AERIAL IMAGING      217

12.3.7      INDUSTRIAL WAREHOUSING   217

12.3.8      PASSENGER & PUBLIC TRANSPORTATION              217

12.3.9      OTHERS   218

12.4         GOVERNMENT & LAW ENFORCEMENT   218

12.4.1      ADOPTION OF UAVS FOR HOMELAND SECURITY TO DRIVE MARKET      218

TABLE 116               GOVERNMENT & LAW ENFORCEMENT: UAV MARKET, BY APPLICATION,  2020–2023 (USD MILLION)                218

TABLE 117               GOVERNMENT & LAW ENFORCEMENT: UAV MARKET, BY APPLICATION,  2024–2029 (USD MILLION)                219

12.4.2      BORDER MANAGEMENT          219

12.4.3      TRAFFIC MONITORING             219

12.4.4      FIREFIGHTING & DISASTER MANAGEMENT             220

12.4.5      SEARCH & RESCUE 220

12.4.6      POLICE OPERATIONS & INVESTIGATION 220

12.4.7      MARITIME SECURITY                220

12.5         CONSUMER              221

12.5.1      GROWING USE OF UAVS FOR RECREATIONAL ACTIVITIES TO DRIVE MARKET        221

TABLE 118               CONSUMER: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)                  221

TABLE 119               CONSUMER: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)                  221

12.5.2      PROSUMERS            221

12.5.3      HOBBYISTS              221

13             UAV MARKET, BY RANGE         222

13.1         INTRODUCTION        223

FIGURE 63                BVLOS SEGMENT TO LEAD UAV MARKET FROM 2024 TO 2029             223

TABLE 120               UAV MARKET, BY RANGE, 2020–2023 (USD MILLION)          223

TABLE 121               UAV MARKET, BY RANGE, 2024–2029 (USD MILLION)          223

13.2         VISUAL LINE OF SIGHT (VLOS) 224

13.2.1      EASE OF USE AND COST-EFFECTIVENESS TO DRIVE MARKET                 224

13.3         EXTENDED VISUAL LINE OF SIGHT (EVLOS)             224

13.3.1      INCREASING APPLICATIONS IN COMMERCIAL AND MILITARY SEGMENTS TO DRIVE MARKET  224

13.4         BEYOND VISUAL LINE OF SIGHT (BVLOS)                 224

13.4.1      INCREASED DEPLOYMENT FOR MILITARY OPERATIONS         224

14             UAV MARKET, BY MODE OF OPERATION 226

14.1         INTRODUCTION        227

FIGURE 64                OPTIONALLY PILOTED SEGMENT TO ACCOUNT FOR LARGEST SHARE OF UAV MARKET FROM 2024 TO 2029                227

TABLE 122               UAV MARKET, BY MODE OF OPERATION, 2020–2023 (USD MILLION)  227

TABLE 123               UAV MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)  227

14.2         REMOTELY PILOTED                 228

14.2.1      AFFORDABLE MANUFACTURING TO DRIVE MARKET                228

14.3         OPTIONALLY PILOTED              228

14.3.1      EXTENSIVE USE IN MILITARY AND COMMERCIAL APPLICATIONS TO DRIVE MARKET                  228

14.4         FULLY AUTONOMOUS              228

14.4.1      HUGE DEMAND FOR MILITARY APPLICATIONS TO DRIVE MARKET         228

15             UAV MARKET, BY TYPE             230

15.1         INTRODUCTION        231

FIGURE 65                FIXED WING SEGMENT TO LEAD UAV MARKET FROM 2024 TO 2029   231

TABLE 124               UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)              231

TABLE 125               UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)              231

15.2         FIXED WING              232

15.2.1      LONG-RANGE CAPABILITIES TO DRIVE MARKET      232

FIGURE 66                CTOL SEGMENT TO LEAD FIXED-WING UAV MARKET FROM 2024 TO 2029                  232

TABLE 126               FIXED-WING UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)         232

TABLE 127               FIXED-WING UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)         233

15.2.2      CTOL        233

15.2.3      VTOL         233

15.3         ROTARY WING          233

15.3.1      LEADING INNOVATORS IN MULTIROTOR UAVS USED IN DEFENSE, COMMERCIAL, AND INDUSTRIAL SECTORS TO DRIVE MARKET               233

FIGURE 67                MULTIROTOR SEGMENT TO LEAD ROTARY-WING UAV MARKET  FROM 2024 TO 2029        234

TABLE 128               ROTARY-WING UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)      234

TABLE 129               ROTARY WING UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)      234

15.3.1.1  Single rotor               234

15.3.1.2  Multirotor 235

FIGURE 68                QUADCOPTER SEGMENT TO LEAD MULTIROTOR UAV MARKET  FROM 2024 TO 2029        235

TABLE 130               MULTIROTOR UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)       235

TABLE 131               MULTIROTOR UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)       236

15.3.1.3  Bicopter   236

15.3.1.4  Tricopter  236

15.3.1.5  Quadcopter              236

15.3.1.6  Hexacopter               236

15.3.1.7  Octocopter               236

15.4         HYBRID WING          237

15.4.1      INNOVATION IN HYBRID DRONE TECHNOLOGY TO DRIVE MARKET        237

16             UAV MARKET, BY MTOW          238

16.1         INTRODUCTION        239

FIGURE 69                <25 KILOGRAMS MTOW SEGMENT TO LEAD UAV MARKET FROM 2024 TO 2029                  239

TABLE 132               UAV MARKET, BY MTOW, 2020–2023 (USD MILLION)           239

TABLE 133               UAV MARKET, BY MTOW, 2024–2029 (USD MILLION)           239

16.2         <25 KILOGRAMS     240

16.2.1      COMMERCIAL APPLICATIONS TO DRIVE MARKET   240

16.3         25–170 KILOGRAMS               240

16.3.1      MILITARY APPLICATIONS TO DRIVE MARKET           240

16.4         >170 KILOGRAMS  240

16.4.1      HIGH DEFENSE EXPENDITURE WORLDWIDE TO DRIVE MARKET            240

17             UAV MARKET, BY REGION        241

17.1         INTRODUCTION        242

17.2         REGIONAL RECESSION IMPACT ANALYSIS               242

TABLE 134               RECESSION IMPACT ANALYSIS                242

FIGURE 70                NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE OF UAV MARKET IN 2024                  243

TABLE 135               UAV MARKET, BY REGION, 2020–2023 (USD MILLION)         243

TABLE 136               UAV MARKET, BY REGION, 2024–2029 (USD MILLION)         244

17.3         NORTH AMERICA     244

17.3.1      RECESSION IMPACT ANALYSIS                244

17.3.2      PESTLE ANALYSIS   244

FIGURE 71                NORTH AMERICA: UAV MARKET SNAPSHOT            246

FIGURE 72                NORTH AMERICA: UAV VOLUME BY APPLICATION (IN UNITS) 247

TABLE 137               NORTH AMERICA: UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2020–2023        247

TABLE 138               NORTH AMERICA: UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2024–2029        247

TABLE 139               NORTH AMERICA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)                  248

TABLE 140               NORTH AMERICA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)                  248

TABLE 141               NORTH AMERICA: CIVIL & COMMERCIAL UAV MARKET, BY TYPE,  2020–2023 (USD MILLION)         248

TABLE 142               NORTH AMERICA: CIVIL & COMMERCIAL UAV MARKET, BY TYPE,  2024–2029 (USD MILLION)         248

TABLE 143               NORTH AMERICA: DEFENSE & GOVERNMENT UAV MARKET, BY TYPE,  2020–2023 (USD MILLION)                249

TABLE 144               NORTH AMERICA: DEFENSE & GOVERNMENT UAV MARKET, BY TYPE,  2024–2029 (USD MILLION)                249

TABLE 145               NORTH AMERICA: UAV MARKET, BY FUNCTION, 2020–2023 (USD MILLION)                  249

TABLE 146               NORTH AMERICA: UAV MARKET, BY FUNCTION, 2024–2029 (USD MILLION)                  250

TABLE 147               NORTH AMERICA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)                  250

TABLE 148               NORTH AMERICA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)                  250

TABLE 149               NORTH AMERICA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)                  250

TABLE 150               NORTH AMERICA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)                  251

TABLE 151               NORTH AMERICA: UAV MARKET, BY COUNTRY, 2020–2023 (USD MILLION)                  251

TABLE 152               NORTH AMERICA: UAV MARKET, BY COUNTRY, 2024–2029 (USD MILLION)                  251

17.3.3      US             251

17.3.3.1  Constant innovation and heavy investment in advanced drone technology to drive the market     251

TABLE 153               US: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)              252

TABLE 154               US: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)              252

TABLE 155               US: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)          252

TABLE 156               US: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)          252

TABLE 157               US: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)       253

TABLE 158               US: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)       253

17.3.4      CANADA   253

17.3.4.1  Increasing procurement of military UAVs to drive market       253

TABLE 159               CANADA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)    253

TABLE 160               CANADA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)    254

TABLE 161               CANADA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 254

TABLE 162               CANADA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 254

TABLE 163               CANADA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)               254

TABLE 164               CANADA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)               255

17.4         ASIA PACIFIC            255

17.4.1      PESTLE ANALYSIS   255

17.4.2      RECESSION IMPACT ANALYSIS                257

FIGURE 73                ASIA PACIFIC: UAV MARKET SNAPSHOT 257

FIGURE 74                ASIA PACIFIC: UAV VOLUME BY APPLICATION (IN UNITS)         258

TABLE 165               ASIA PACIFIC: UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2020–2023                  258

TABLE 166               ASIA PACIFIC: UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2024–2029                  258

TABLE 167               ASIA PACIFIC: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)                  259

TABLE 168               ASIA PACIFIC: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)                  259

TABLE 169               ASIA PACIFIC: CIVIL & COMMERCIAL UAV MARKET, BY TYPE, 2020–2023 (USD MILLION) 259

TABLE 170               ASIA PACIFIC: CIVIL & COMMERCIAL UAV MARKET, BY TYPE, 2024–2029 (USD MILLION) 259

TABLE 171               ASIA PACIFIC: DEFENSE & GOVERNMENT UAV MARKET, BY TYPE,  2020–2023 (USD MILLION)         260

TABLE 172               ASIA PACIFIC: DEFENSE & GOVERNMENT UAV MARKET, BY TYPE,  2024–2029 (USD MILLION)         260

TABLE 173               ASIA PACIFIC: UAV MARKET, BY FUNCTION, 2020–2023 (USD MILLION)                  260

TABLE 174               ASIA PACIFIC: UAV MARKET, BY FUNCTION, 2024–2029 (USD MILLION)                  261

TABLE 175               ASIA PACIFIC: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)                  261

TABLE 176               ASIA PACIFIC: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)                  261

TABLE 177               ASIA PACIFIC: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)       261

TABLE 178               ASIA PACIFIC: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)       262

TABLE 179               ASIA PACIFIC: UAV MARKET, BY COUNTRY, 2020–2023 (USD MILLION)                  262

TABLE 180               ASIA PACIFIC: UAV MARKET, BY COUNTRY, 2024–2029 (USD MILLION)                  262

17.4.3      CHINA      262

17.4.3.1  Constant innovations in drone technology to drive market    262

TABLE 181               CHINA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)        263

TABLE 182               CHINA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)        263

TABLE 183               CHINA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)    263

TABLE 184               CHINA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)    263

TABLE 185               CHINA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION) 264

TABLE 186               CHINA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION) 264

17.4.4      INDIA        264

17.4.4.1  Development of advanced weaponry to improve border security to drive market 264

TABLE 187               INDIA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)         265

TABLE 188               INDIA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)         265

TABLE 189               INDIA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)     265

TABLE 190               INDIA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)     265

TABLE 191               INDIA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)  266

TABLE 192               INDIA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)  266

17.4.5      JAPAN      266

17.4.5.1  Modernization in drone designs to drive market    266

TABLE 193               JAPAN: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)        267

TABLE 194               JAPAN: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)        267

TABLE 195               JAPAN: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)    267

TABLE 196               JAPAN: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)    267

TABLE 197               JAPAN: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION) 268

TABLE 198               JAPAN: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION) 268

17.4.6      AUSTRALIA                268

17.4.6.1  Increasing adoption of UAVs for commercial applications to drive market             268

TABLE 199               AUSTRALIA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)                  268

TABLE 200               AUSTRALIA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)                  269

TABLE 201               AUSTRALIA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)                  269

TABLE 202               AUSTRALIA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)                  269

TABLE 203               AUSTRALIA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)          269

TABLE 204               AUSTRALIA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)          270

17.4.7      SOUTH KOREA         270

17.4.7.1  Innovations in UAVs and increase in defense spending to drive market                 270

TABLE 205               SOUTH KOREA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)                  270

TABLE 206               SOUTH KOREA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)                  270

TABLE 207               SOUTH KOREA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)                  271

TABLE 208               SOUTH KOREA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)                  271

TABLE 209               SOUTH KOREA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)    271

TABLE 210               SOUTH KOREA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)    271

17.4.8      REST OF ASIA PACIFIC              272

TABLE 211               REST OF ASIA PACIFIC: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION) 272

TABLE 212               REST OF ASIA PACIFIC: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION) 272

TABLE 213               REST OF ASIA PACIFIC: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 273

TABLE 214               REST OF ASIA PACIFIC: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 273

TABLE 215               REST OF ASIA PACIFIC: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)                  273

TABLE 216               REST OF ASIA PACIFIC: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)                  273

17.5         EUROPE   274

17.5.1      PESTLE ANALYSIS   274

17.5.2      RECESSION IMPACT ANALYSIS                276

FIGURE 75                EUROPE: UAV MARKET SNAPSHOT         277

FIGURE 76                EUROPE: UAV VOLUME BY APPLICATION (IN UNITS)                278

TABLE 217               EUROPE: UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2020–2023                  278

TABLE 218               EUROPE: UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2024–2029                  278

TABLE 219               EUROPE: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)    279

TABLE 220               EUROPE: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)    279

TABLE 221               EUROPE: CIVIL & COMMERCIAL UAV MARKET, BY TYPE, 2020–2023 (USD MILLION) 279

TABLE 222               EUROPE: CIVIL & COMMERCIAL UAV MARKET, BY TYPE, 2024–2029 (USD MILLION) 279

TABLE 223               EUROPE: DEFENSE & GOVERNMENT UAV MARKET, BY TYPE, 2020–2023 (USD MILLION) 280

TABLE 224               EUROPE: DEFENSE & GOVERNMENT UAV MARKET, BY TYPE, 2024–2029 (USD MILLION) 280

TABLE 225               EUROPE: UAV MARKET, BY FUNCTION, 2020–2023 (USD MILLION)     280

TABLE 226               EUROPE: UAV MARKET, BY FUNCTION, 2024–2029 (USD MILLION)     281

TABLE 227               EUROPE: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 281

TABLE 228               EUROPE: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 281

TABLE 229               EUROPE: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)               281

TABLE 230               EUROPE: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)               282

TABLE 231               EUROPE: UAV MARKET, BY COUNTRY, 2020–2023 (USD MILLION)       282

TABLE 232               EUROPE: UAV MARKET, BY COUNTRY, 2024–2029 (USD MILLION)       282

17.5.3      UK            283

17.5.3.1  Continuous technological advancement in UAVs to drive market           283

TABLE 233               UK: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)              283

TABLE 234               UK: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)              283

TABLE 235               UK: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)          284

TABLE 236               UK: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)          284

TABLE 237               UK: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)       284

TABLE 238               UK: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)       284

17.5.4      GERMANY                 285

17.5.4.1  Government funding and UAV contracts to drive market        285

TABLE 239               GERMANY: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION) 285

TABLE 240               GERMANY: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION) 285

TABLE 241               GERMANY: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)                  285

TABLE 242               GERMANY: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)                  286

TABLE 243               GERMANY: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)            286

TABLE 244               GERMANY: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)            286

17.5.5      FRANCE   286

17.5.5.1  Government initiatives boosting UAV use for civil and commercial applications to drive market     286

TABLE 245               FRANCE: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)     287

TABLE 246               FRANCE: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)     287

TABLE 247               FRANCE: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 287

TABLE 248               FRANCE: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 287

TABLE 249               FRANCE: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)               288

TABLE 250               FRANCE: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)               288

17.5.6      ITALY        288

17.5.6.1  Growing demand for drones from healthcare industry to drive market 288

TABLE 251               ITALY: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)         289

TABLE 252               ITALY: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)         289

TABLE 253               ITALY: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)      289

TABLE 254               ITALY: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)      289

TABLE 255               ITALY: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)   290

TABLE 256               ITALY: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)   290

17.5.7      RUSSIA    290

17.5.7.1  Growing focus on enhancing military capabilities to drive market          290

TABLE 257               RUSSIA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)      290

TABLE 258               RUSSIA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)      291

TABLE 259               RUSSIA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)  291

TABLE 260               RUSSIA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)  291

TABLE 261               RUSSIA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)                291

TABLE 262               RUSSIA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)                292

17.5.8      SWEDEN  292

17.5.8.1  Increasing deployment for national security forces to drive market       292

TABLE 263               SWEDEN: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)   292

TABLE 264               SWEDEN: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)   293

TABLE 265               SWEDEN: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)                  293

TABLE 266               SWEDEN: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)                  293

TABLE 267               SWEDEN: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)              293

TABLE 268               SWEDEN: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)              294

17.5.9      REST OF EUROPE    294

TABLE 269               REST OF EUROPE: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)                  294

TABLE 270               REST OF EUROPE: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)                  294

TABLE 271               REST OF EUROPE: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)                  295

TABLE 272               REST OF EUROPE: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)                  295

TABLE 273               REST OF EUROPE: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)                  295

TABLE 274               REST OF EUROPE: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)                  295

17.6         LATIN AMERICA        296

17.6.1      PESTLE ANALYSIS   296

17.6.2      RECESSION IMPACT ANALYSIS                297

FIGURE 77                LATIN AMERICA: UAV MARKET SNAPSHOT              298

FIGURE 78                LATIN AMERICA: UAV VOLUME BY APPLICATION (IN UNITS)    299

TABLE 275               LATIN AMERICA: UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2020–2023        299

TABLE 276               LATIN AMERICA: UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2024–2029        299

TABLE 277               LATIN AMERICA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)                  300

TABLE 278               LATIN AMERICA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)                  300

TABLE 279               LATIN AMERICA: CIVIL & COMMERCIAL UAV MARKET, BY TYPE,  2020–2023 (USD MILLION)         300

TABLE 280               LATIN AMERICA: CIVIL & COMMERCIAL UAV MARKET, BY TYPE,  2024–2029 (USD MILLION)         300

TABLE 281               LATIN AMERICA: DEFENSE & GOVERNMENT UAV MARKET, BY TYPE,  2020–2023 (USD MILLION)                301

TABLE 282               LATIN AMERICA: DEFENSE & GOVERNMENT UAV MARKET, BY TYPE,  2024–2029 (USD MILLION)                301

TABLE 283               LATIN AMERICA: UAV MARKET, BY FUNCTION, 2020–2023 (USD MILLION)                  301

TABLE 284               LATIN AMERICA: UAV MARKET, BY FUNCTION, 2024–2029 (USD MILLION)                  302

TABLE 285               LATIN AMERICA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)                  302

TABLE 286               LATIN AMERICA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)                  302

TABLE 287               LATIN AMERICA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)  302

TABLE 288               LATIN AMERICA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)  303

TABLE 289               LATIN AMERICA: UAV MARKET, BY COUNTRY, 2020–2023 (USD MILLION)                  303

TABLE 290               LATIN AMERICA: UAV MARKET, BY COUNTRY, 2024–2029 (USD MILLION)                  303

17.6.3      BRAZIL     303

17.6.3.1  Increasing procurement of UAVs for safety, security, and advanced intelligence missions to drive market        303

TABLE 291               BRAZIL: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)      304

TABLE 292               BRAZIL: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)      304

TABLE 293               BRAZIL: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)   304

TABLE 294               BRAZIL: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)   304

TABLE 295               BRAZIL: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)                 305

TABLE 296               BRAZIL: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)                 305

17.6.4      MEXICO   305

17.6.4.1  Growing focus on developing drones for monitoring and curbing forest fires to drive market                  305

TABLE 297               MEXICO: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)     305

TABLE 298               MEXICO: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)     306

TABLE 299               MEXICO: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 306

TABLE 300               MEXICO: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 306

TABLE 301               MEXICO: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)                306

TABLE 302               MEXICO: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)                307

17.6.5      ARGENTINA               307

17.6.5.1  Relaxation of UAV regulations to drive market        307

TABLE 303               ARGENTINA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)                  307

TABLE 304               ARGENTINA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)                  307

TABLE 305               ARGENTINA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)                  308

TABLE 306               ARGENTINA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)                  308

TABLE 307               ARGENTINA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)         308

TABLE 308               ARGENTINA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)         308

17.6.6      REST OF LATIN AMERICA         309

TABLE 309               REST OF LATIN AMERICA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION) 309

TABLE 310               REST OF LATIN AMERICA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION) 309

TABLE 311               REST OF LATIN AMERICA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 309

TABLE 312               REST OF LATIN AMERICA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 310

TABLE 313               REST OF LATIN AMERICA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)                  310

TABLE 314               REST OF LATIN AMERICA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)                  310

17.7         MIDDLE EAST           310

17.7.1      PESTLE ANALYSIS   311

17.7.2      RECESSION IMPACT ANALYSIS                312

FIGURE 79                MIDDLE EAST: UAV MARKET SNAPSHOT 313

FIGURE 80                MIDDLE EAST: UAV VOLUME BY APPLICATION (IN UNITS)       314

TABLE 315               MIDDLE EAST: UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2020–2023                  314

TABLE 316               MIDDLE EAST: UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2024–2029                  314

TABLE 317               MIDDLE EAST: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)                  315

TABLE 318               MIDDLE EAST: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)                  315

TABLE 319               MIDDLE EAST: CIVIL & COMMERCIAL UAV MARKET, BY TYPE, 2020–2023 (USD MILLION) 315

TABLE 320               MIDDLE EAST: CIVIL & COMMERCIAL UAV MARKET, BY TYPE, 2024–2029 (USD MILLION) 315

TABLE 321               MIDDLE EAST: DEFENSE & GOVERNMENT UAV MARKET, BY TYPE,  2020–2023 (USD MILLION)                316

TABLE 322               MIDDLE EAST: DEFENSE & GOVERNMENT UAV MARKET, BY TYPE,  2024–2029 (USD MILLION)                316

TABLE 323               MIDDLE EAST: UAV MARKET, BY FUNCTION, 2020–2023 (USD MILLION)                  316

TABLE 324               MIDDLE EAST: UAV MARKET, BY FUNCTION, 2024–2029 (USD MILLION)                  317

TABLE 325               MIDDLE EAST: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)                  317

TABLE 326               MIDDLE EAST: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)                  317

TABLE 327               MIDDLE EAST: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)     317

TABLE 328               MIDDLE EAST: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)     318

TABLE 329               MIDDLE EAST: UAV MARKET, BY COUNTRY, 2020–2023 (USD MILLION)                  318

TABLE 330               MIDDLE EAST: UAV MARKET, BY COUNTRY, 2024–2029 (USD MILLION)                  318

17.7.3      GCC COUNTRIES      318

17.7.3.1  UAE           318

17.7.3.1.1                Increasing procurement of drones to drive market 318

TABLE 331               UAE: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)            319

TABLE 332               UAE: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)            319

TABLE 333               UAE: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)        319

TABLE 334               UAE: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)        319

TABLE 335               UAE: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)     320

TABLE 336               UAE: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)     320

17.7.3.2  Saudi Arabia             320

17.7.3.2.1                Rising adoption of UAVs for military applications to drive market           320

TABLE 337               SAUDI ARABIA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)                  321

TABLE 338               SAUDI ARABIA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)                  321

TABLE 339               SAUDI ARABIA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)                  321

TABLE 340               SAUDI ARABIA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)                  321

TABLE 341               SAUDI ARABIA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)     322

TABLE 342               SAUDI ARABIA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)     322

17.7.4      ISRAEL     322

17.7.4.1  Increasing use of small drones in ISR applications to drive market       322

TABLE 343               ISRAEL: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)      323

TABLE 344               ISRAEL: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)      323

TABLE 345               ISRAEL: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)   323

TABLE 346               ISRAEL: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)   323

TABLE 347               ISRAEL: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)                 324

TABLE 348               ISRAEL: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)                 324

17.7.5      TURKEY   324

17.7.5.1  Growing demand for UAVs and subsystems by defense forces to drive market     324

TABLE 349               TURKEY: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)     324

TABLE 350               TURKEY: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)     325

TABLE 351               TURKEY: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 325

TABLE 352               TURKEY: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 325

TABLE 353               TURKEY: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)               325

TABLE 354               TURKEY: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)               326

17.7.6      REST OF MIDDLE EAST            326

TABLE 355               REST OF MIDDLE EAST: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION) 326

TABLE 356               REST OF MIDDLE EAST: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION) 326

TABLE 357               REST OF MIDDLE EAST: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 327

TABLE 358               REST OF MIDDLE EAST: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 327

TABLE 359               REST OF MIDDLE EAST: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)                  327

TABLE 360               REST OF MIDDLE EAST: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)                  327

17.8         AFRICA     328

17.8.1      PESTLE ANALYSIS   328

17.8.2      RECESSION IMPACT ANALYSIS                329

FIGURE 81                AFRICA: UAV MARKET SNAPSHOT           330

FIGURE 82                AFRICA: UAV MARKET VOLUME, BY APPLICATION ( IN UNITS) 331

TABLE 361               AFRICA: UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2020–2023                  331

TABLE 362               AFRICA: UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2024–2029                  331

TABLE 363               AFRICA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)      332

TABLE 364               AFRICA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)      332

TABLE 365               AFRICA: CIVIL & COMMERCIAL UAV MARKET, BY TYPE, 2020–2023 (USD MILLION) 332

TABLE 366               AFRICA: CIVIL & COMMERCIAL UAV MARKET, BY TYPE, 2024–2029 (USD MILLION) 332

TABLE 367               AFRICA: DEFENSE & GOVERNMENT UAV MARKET, BY TYPE, 2020–2023 (USD MILLION) 333

TABLE 368               AFRICA: DEFENSE & GOVERNMENT UAV MARKET, BY TYPE, 2024–2029 (USD MILLION) 333

TABLE 369               AFRICA: UAV MARKET, BY FUNCTION, 2020–2023 (USD MILLION)       333

TABLE 370               AFRICA: UAV MARKET, BY FUNCTION, 2024–2029 (USD MILLION)       333

TABLE 371               AFRICA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)   334

TABLE 372               AFRICA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)   334

TABLE 373               AFRICA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)                 334

TABLE 374               AFRICA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)                 334

TABLE 375               AFRICA: UAV MARKET, BY COUNTRY, 2020–2023 (USD MILLION)         335

TABLE 376               AFRICA: UAV MARKET, BY COUNTRY, 2024–2029 (USD MILLION)         335

17.8.3      SOUTH AFRICA         335

17.8.3.1  Increasing number of UAV contracts to drive market              335

TABLE 377               SOUTH AFRICA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)                  335

TABLE 378               SOUTH AFRICA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)                  336

TABLE 379               SOUTH AFRICA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)                  336

TABLE 380               SOUTH AFRICA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)                  336

TABLE 381               SOUTH AFRICA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)    336

TABLE 382               SOUTH AFRICA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)    337

17.8.4      NIGERIA   337

17.8.4.1  Growing use of UAVs in military applications to drive market 337

TABLE 383               NIGERIA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)    337

TABLE 384               NIGERIA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)    337

TABLE 385               NIGERIA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 338

TABLE 386               NIGERIA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 338

TABLE 387               NIGERIA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)               338

TABLE 388               NIGERIA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)               338

17.8.5      REST OF AFRICA      339

TABLE 389               REST OF AFRICA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)                  339

TABLE 390               REST OF AFRICA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)                  339

TABLE 391               REST OF AFRICA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)                  339

TABLE 392               REST OF AFRICA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)                  340

TABLE 393               REST OF AFRICA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION) 340

TABLE 394               REST OF AFRICA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION) 340

18             COMPETITIVE LANDSCAPE      341

18.1         INTRODUCTION        341

18.2         STRATEGIES ADOPTED BY KEY PLAYERS                 341

TABLE 395               STRATEGIES ADOPTED BY KEY PLAYERS, 2023     341

18.3         MARKET RANKING ANALYSIS 344

FIGURE 83                MARKET RANKING OF KEY PLAYERS FOR CIVIL & COMMERCIAL PLATFORM, 2023        344

FIGURE 84               MARKET RANKING OF KEY PLAYERS FOR DEFENSE & GOVERNMENT PLATFORM, 2023        344

18.4         REVENUE ANALYSIS                 345

FIGURE 85                REVENUE ANALYSIS OF TOP 5 PLAYERS, 2019–2023           345

18.5         MARKET SHARE ANALYSIS      345

FIGURE 86                MARKET SHARE ANALYSIS OF KEY PLAYERS, 2023                345

TABLE 396               UAV MARKET: DEGREE OF COMPETITION                346

18.6         COMPANY EVALUATION MATRIX               347

18.6.1      STARS      347

18.6.2      EMERGING LEADERS               347

18.6.3      PERVASIVE PLAYERS                347

18.6.4      PARTICIPANTS         347

FIGURE 87                COMPANY EVALUATION MATRIX, 2023   348

18.6.5      COMPANY FOOTPRINT             349

FIGURE 88                UAV MARKET: COMPANY FOOTPRINT     349

TABLE 397               UAV MARKET: APPLICATION FOOTPRINT 350

TABLE 398               UAV MARKET: TYPE FOOTPRINT               350

TABLE 399               UAV MARKET: PLATFORM FOOTPRINT    351

TABLE 400               UAV MARKET:  POINT OF SALE FOOTPRINT           352

TABLE 401               UAV MARKET: REGION FOOTPRINT         353

18.7         START-UP/SME EVALUATION MATRIX      354

18.7.1      PROGRESSIVE COMPANIES    354

18.7.2      RESPONSIVE COMPANIES       354

18.7.3      DYNAMIC COMPANIES             354

18.7.4      STARTING BLOCKS 354

FIGURE 89                START-UP/SME EVALUATION MATRIX, 2023           355

18.7.5      COMPETITIVE BENCHMARKING               355

TABLE 402               KEY START-UPS/SMES            355

TABLE 403               UAV MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES                  356

18.8         COMPANY VALUATION              357

FIGURE 90                VALUATION OF PROMINENT MARKET PLAYERS, 2023            357

18.9         FINANCIAL METRICS                 357

FIGURE 91                FINANCIAL METRICS OF PROMINENT MARKET PLAYERS       357

18.10       BRAND COMPARISON              358

18.11       COMPETITIVE SCENARIOS AND TRENDS 358

18.11.1   PRODUCT LAUNCHES               359

TABLE 404               PRODUCT LAUNCHES, OCTOBER 2020–SEPTEMBER 2023  359

18.11.2   DEALS      361

TABLE 405               DEALS, JANUARY 2020–APRIL 2024      361

18.11.3   OTHER DEVELOPMENTS          366

TABLE 406               OTHER DEVELOPMENTS, JANUARY 2020–FEBRUARY 2024 366

19             COMPANY PROFILES                374

19.1         KEY PLAYERS           374

(Business overview, Products offered, Recent developments, MnM view, Key strategies, Strategic choices made, and Weaknesses and Competitive threats)*

19.1.1      SZ DJI TECHNOLOGY CO., LTD.                 374

TABLE 407               SZ DJI TECHNOLOGY CO., LTD.: COMPANY OVERVIEW            374

TABLE 408               SZ DJI TECHNOLOGY CO., LTD.: PRODUCTS OFFERED            374

TABLE 409               SZ DJI TECHNOLOGY CO., LTD.: PRODUCT LAUNCHES            375

TABLE 410               SZ DJI TECHNOLOGY CO., LTD.: DEALS   377

19.1.2      NORTHROP GRUMMAN CORPORATION  379

TABLE 411               NORTHROP GRUMMAN CORPORATION: COMPANY OVERVIEW               379

FIGURE 92                NORTHROP GRUMMAN CORPORATION: COMPANY SNAPSHOT              379

TABLE 412               NORTHROP GRUMMAN CORPORATION: PRODUCTS OFFERED               380

TABLE 413               NORTHROP GRUMMAN CORPORATION: DEALS      380

TABLE 414               NORTHROP GRUMMAN CORPORATION: OTHER DEVELOPMENTS          381

19.1.3      ISRAEL AEROSPACE INDUSTRIES LTD.    383

TABLE 415               ISRAEL AEROSPACE INDUSTRIES LTD.: COMPANY OVERVIEW                383

FIGURE 93                ISRAEL AEROSPACE INDUSTRIES LTD.: COMPANY SNAPSHOT               383

TABLE 416               ISRAEL AEROSPACE INDUSTRIES LTD.: PRODUCTS OFFERED                383

TABLE 417               ISRAEL AEROSPACE INDUSTRIES LTD.: PRODUCT LAUNCHES                384

TABLE 418               ISRAEL AEROSPACE INDUSTRIES LTD.: DEALS       385

TABLE 419               ISRAEL AEROSPACE INDUSTRIES LTD.: OTHER DEVELOPMENTS           386

19.1.4      TELEDYNE FLIR LLC 388

TABLE 420               TELEDYNE FLIR LLC: COMPANY OVERVIEW             388

FIGURE 94                TELEDYNE FLIR LLC: COMPANY SNAPSHOT            388

TABLE 421               TELEDYNE FLIR LLC: PRODUCTS OFFERED             389

TABLE 422               TELEDYNE FLIR LLC: PRODUCT LAUNCHES             389

TABLE 423               TELEDYNE FLIR LLC : DEALS   390

TABLE 424               TELEDYNE FLIR LLC: OTHER DEVELOPMENTS        390

19.1.5      GENERAL ATOMICS AERONAUTICAL SYSTEMS       393

TABLE 425               GENERAL ATOMICS AERONAUTICAL SYSTEMS: COMPANY OVERVIEW  393

TABLE 426               GENERAL ATOMICS AERONAUTICAL SYSTEMS: PRODUCTS OFFERED   393

TABLE 427               GENERAL ATOMICS AERONAUTICAL SYSTEMS: PRODUCT LAUNCHES   395

TABLE 428               GENERAL ATOMICS AERONAUTICAL SYSTEMS: DEALS           395

TABLE 429               GENERAL ATOMICS AERONAUTICAL SYSTEMS: OTHER DEVELOPMENTS                  396

19.1.6      RAYTHEON TECHNOLOGIES CORPORATION            398

TABLE 430               RAYTHEON TECHNOLOGIES CORPORATION: COMPANY OVERVIEW       398

FIGURE 95                RAYTHEON TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT       399

TABLE 431               RAYTHEON TECHNOLOGIES CORPORATION: PRODUCTS OFFERED        399

TABLE 432               RAYTHEON TECHNOLOGIES CORPORATION: OTHER DEVELOPMENTS   400

19.1.7      PARROT DRONE SAS                402

TABLE 433               PARROT DRONE SAS: COMPANY OVERVIEW           402

FIGURE 96                PARROT DRONE SAS: COMPANY SNAPSHOT          402

TABLE 434               PARROT DRONE SAS: PRODUCTS OFFERED           403

TABLE 435               PARROT DRONE SAS: DEALS  403

TABLE 436               PARROT DRONE SAS: OTHER DEVELOPMENTS      404

19.1.8      YUNEEC HOLDING LTD.            405

TABLE 437               YUNEEC HOLDING LTD.: COMPANY OVERVIEW       405

TABLE 438               YUNEEC HOLDING LTD.: PRODUCTS OFFERED       405

TABLE 439               YUNEEC HOLDING LTD.: DEALS                406

19.1.9      EHANG HOLDINGS LIMITED    407

TABLE 440               EHANG HOLDINGS LIMITED: COMPANY OVERVIEW                 407

FIGURE 97                EHANG HOLDINGS LIMITED: COMPANY SNAPSHOT                408

TABLE 441               EHANG HOLDINGS LIMITED: PRODUCTS OFFERED 408

TABLE 442               EHANG HOLDINGS LIMITED: PRODUCT LAUNCHES                 409

TABLE 443               EHANG HOLDINGS LIMITED: DEALS        409

TABLE 444               EHANG HOLDINGS LIMITED: OTHER DEVELOPMENTS            410

TABLE 445               EHANG HOLDINGS LIMITED: EXPANSIONS              411

19.1.10   LOCKHEED MARTIN CORPORATION        412

TABLE 446               LOCKHEED MARTIN CORPORATION: COMPANY OVERVIEW   412

FIGURE 98                LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT   413

TABLE 447               LOCKHEED MARTIN CORPORATION: PRODUCTS OFFERED    413

TABLE 448               LOCKHEED MARTIN CORPORATION: OTHER DEVELOPMENTS                414

19.1.11   THE BOEING COMPANY           415

TABLE 449               THE BOEING COMPANY: COMPANY OVERVIEW       415

FIGURE 99                THE BOEING COMPANY: COMPANY SNAPSHOT      416

TABLE 450               THE BOEING COMPANY: PRODUCTS OFFERED       416

TABLE 451               THE BOEING COMPANY: PRODUCT LAUNCHES       417

TABLE 452               THE BOEING COMPANY: DEALS               417

TABLE 453               THE BOEING COMPANY: OTHER DEVELOPMENTS  417

19.1.12   AEROVIRONMENT, INC.            419

TABLE 454               AEROVIRONMENT, INC.: COMPANY OVERVIEW       419

FIGURE 100             AEROVIRONMENT, INC.: COMPANY SNAPSHOT      420

TABLE 455               AEROVIRONMENT, INC.: PRODUCTS OFFERED       420

TABLE 456               AEROVIRONMENT, INC.: PRODUCT LAUNCHES       422

TABLE 457               AEROVIRONMENT, INC.: DEALS                422

TABLE 458               AEROVIRONMENT, INC.: OTHER DEVELOPMENTS  423

19.1.13   TEXTRON INC.          425

TABLE 459               TEXTRON INC.: COMPANY OVERVIEW     425

FIGURE 101             TEXTRON INC.: COMPANY SNAPSHOT    425

TABLE 460               TEXTRON INC.: PRODUCTS OFFERED      426

TABLE 461               TEXTRON INC.: PRODUCT LAUNCHES      426

TABLE 462               TEXTRON INC.: OTHER DEVELOPMENTS 427

19.1.14   BAE SYSTEMS PLC  428

TABLE 463               BAE SYSTEMS PLC: COMPANY OVERVIEW               428

FIGURE 102             BAE SYSTEMS PLC: COMPANY SNAPSHOT              428

TABLE 464               BAE SYSTEMS PLC: PRODUCTS OFFERED               429

TABLE 465               BAE SYSTEMS PLC: PRODUCT LAUNCHES               429

TABLE 466               BAE SYSTEMS PLC: DEALS      430

TABLE 467               BAE SYSTEMS PLC: OTHER DEVELOPMENTS          430

19.1.15   THALES GROUP       431

TABLE 468               THALES GROUP: COMPANY OVERVIEW   431

FIGURE 103             THALES GROUP: COMPANY SNAPSHOT  431

TABLE 469               THALES GROUP: PRODUCTS OFFERED   432

TABLE 470               THALES GROUP: DEALS           432

TABLE 471               THALES GROUP: OTHER DEVELOPMENTS               433

19.1.16   ELBIT SYSTEMS LTD.                434

TABLE 472               ELBIT SYSTEMS LTD.: COMPANY OVERVIEW           434

FIGURE 104             ELBIT SYSTEMS LTD.: COMPANY SNAPSHOT          435

TABLE 473               ELBIT SYSTEMS LTD.: PRODUCTS OFFERED           435

TABLE 474               ELBIT SYSTEMS LTD.: PRODUCT LAUNCHES           436

TABLE 475               ELBIT SYSTEMS LTD.: DEALS  436

TABLE 476               ELBIT SYSTEMS LTD.: OTHER DEVELOPMENTS      437

19.1.17   AERONAUTICS LTD  439

TABLE 477               AERONAUTICS LTD: COMPANY OVERVIEW               439

TABLE 478               AERONAUTICS LTD: PRODUCTS OFFERED               439

TABLE 479               AERONAUTICS LTD: OTHER DEVELOPMENTS          440

19.1.18   SKYDIO, INC.            441

TABLE 480               SKYDIO, INC.: COMPANY OVERVIEW       441

TABLE 481               SKYDIO, INC.: PRODUCTS OFFERED       441

TABLE 482               SKYDIO, INC.: OTHER DEVELOPMENTS  441

19.1.19   XAG CO., LTD.           442

TABLE 483               XAG CO., LTD.: COMPANY OVERVIEW      442

TABLE 484               XAG CO., LTD.: PRODUCTS OFFERED      442

TABLE 485               XAG CO., LTD.: PRODUCT LAUNCHES      442

19.1.20   CHENGDU JOUAV AUTOMATION TECH CO., LTD       443

TABLE 486               CHENGDU JOUAV AUTOMATION TECH CO., LTD: COMPANY OVERVIEW 443

FIGURE 105             CHENGDU JOUAV AUTOMATION TECH CO., LTD: COMPANY SNAPSHOT 443

TABLE 487               CHENGDU JOUAV AUTOMATION TECH CO., LTD: PRODUCTS OFFERED  444

TABLE 488               CHENGDU JOUAV AUTOMATION TECH CO., LTD: PRODUCT LAUNCHES  444

TABLE 489               CHENGDU JOUAV AUTOMATION TECH CO., LTD: EXPANSIONS                445

19.1.21   LEONARDO S.P.A.    446

TABLE 490               LEONARDO S.P.A.: COMPANY OVERVIEW                 446

FIGURE 106             LEONARDO S.P.A.: COMPANY SNAPSHOT                447

TABLE 491               LEONARDO S.P.A.: PRODUCTS OFFERED                 447

TABLE 492               LEONARDO S.P.A.: DEALS        448

19.2         OTHER PLAYERS      449

19.2.1      SHIELD AI 449

TABLE 493               SHIELD AI: COMPANY OVERVIEW             449

19.2.2      DELAIR     450

TABLE 494               DELAIR: COMPANY OVERVIEW                 450

19.2.3      VOLOCOPTER GMBH                451

TABLE 495               VOLOCOPTER GMBH: COMPANY OVERVIEW           451

19.2.4      MICRODRONES       452

TABLE 496               MICRODRONES: COMPANY OVERVIEW   452

19.2.5      TURKISH AEROSPACE INDUSTRIES         452

TABLE 497               TURKISH AEROSPACE INDUSTRIES: COMPANY OVERVIEW    452

19.2.6      AUTEL ROBOTICS.   453

TABLE 498               AUTEL ROBOTICS.: COMPANY OVERVIEW                453

19.2.7      VOLANSI, INC.           453

TABLE 499               VOLANSI, INC.: COMPANY OVERVIEW     453

19.2.8      FLYABILITY                454

TABLE 500               FLYABILITY: COMPANY OVERVIEW           454

19.2.9      WINGTRA 454

TABLE 501               WINGTRA: COMPANY OVERVIEW             454

19.2.10   GARUDA AEROSPACE.              455

TABLE 502               GARUDA AEROSPACE.: COMPANY OVERVIEW         455

*Details on Business overview, Products offered, Recent developments, MnM view, Key strategies, Strategic choices made, and Weaknesses and Competitive threats might not be captured in case of unlisted companies.

20             APPENDIX                 456

20.1         DISCUSSION GUIDE 456

20.2         KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL             458

20.3         CUSTOMIZATION OPTIONS      460

20.4         RELATED REPORTS 460

20.5         ANNEXURE                461

20.5.1      UAV MARKET: OTHER MAPPED COMPANIES           461

20.6         AUTHOR DETAILS     463