Unmanned Aerial Vehicle Market Growth, Trends and Value Chain 2017 – 2027 by FMI

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Future Market Insights has announced the addition of the “Unmanned Aerial Vehicle Market: Global Industry Analysis and Opportunity Assessment 2017 – 2027" report to their offering.

Unmanned Aerial Vehicle Market Growth, Trends and

Value Chain 2017 2027 by FMI

May 2017

Report Id : REP-GB-2574

Status : Ongoing

Category : Industrial Automation and Equipment

©2015 Future Market Insights, All Rights Reserved


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Research Methodology (1/2)

Systematic Research Approach

Market profiling

Formulating discussion guide

Developing list of respondents

Data collection

Data validation

4

5

3

1

2

In-depth secondary research is used to

ascertain overall market size, top

industry players, top products, industry

associations, etc.

PMR formulates a detailed discussion

guide to conduct expert and industry

interviews

PMR develops a list of industry players

(manufacturers), distributors, retailers

and industry experts

PMR conducts interviews with industry

experts, industry players, distributors

and retailers

Data is validated by triangulation

method, wherein secondary, primary

and PMR analysis contribute to the final

data










Data

Collection

Data Filter

& Analysis

Identifying key opinion leaders

Questionnaire design

In-depth interviews

Coverage across value chain

Market participants

Key strengths

Product portfolio

Mapping as per value chain

Key focus segments

A

Primary

Research

C

Company

Analysis

Research &

Intelligence

SOLUTION

Actionable

Insights

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Desk

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Business

Solution

Key industry experts

Channel study

Developments

Market dynamics

Products

Conclusions

Data analysis

6

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Factiva

GBI

Genios

Meltwater

# includes sources of databases

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Unmanned Aerial Vehicle Market

Apart from military and commercial purposes, Unmanned Aerial Vehicles (UAVs) have been quite

successful in gaining the attention of retailers like Amazon and DPDHL for delivery purposes. In military,

these vehicles are preferred during missions where there is a threat to human life.

Due to a wide range of applications like green-house monitoring, aerial remote sensing, etc., commercial

unmanned aerial vehicles are expected to dominate the applications segment over the forecast period.

Based on class, small UAV is anticipated to witness fastest growth during the forecast period as these are

being increasingly preferred for commercial applications. However, strategic unmanned aerial vehicles

are projected to witness significant growth during the forecast period. Based on payload, synthetic

aperture radars (SARs) are projected to witness significant growth over the forecast period due to various

features like lightweight, compact size, real time imaging, less power consumption, etc.

Unmanned Aerial Vehicles Market: Drivers

Increasing effectiveness in combating situations coupled with technological advancements in the

unmanned aerial vehicles is expected to fuel the demand for this market during the forecast period.

Moreover, increasing terrorist activities across the globe is anticipated to upsurge the demand for

unmanned aerial vehicles in near future. Additionally, increasing demand for highly precise technology is

further expected to propel the growth of the unmanned aerial vehicles market. The unmanned aerial

vehicles are also being adopted in Germany for parcel delivery (DHL Packet), which in turn, is expected to

incite other regions to use these vehicles for logistics, etc. This could prove to be another factor driving

the growth of the global unmanned aerial vehicles market in future.

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Unmanned Aerial Vehicle Market

Unmanned Aerial Vehicles Market: Restraints

One of the major factors restricting the growth of the global unmanned aerial vehicles is high accident

rate of these vehicles. Moreover, stringent government regulations regarding the usage of unmanned

aerial vehicles is also expected to hamper the growth of the market during the forecast period.

Unmanned Aerial Vehicles Market: Segmentation

Unmanned aerial vehicles market can be segmented on the basis of class, energy source, endurance,

payload, wing type and applications. On the basis of class, the global unmanned aerial vehicle market can

be segmented into small, tactical and strategic. On the basis of energy source, the market can be

segmented into hydrogen, solar, lithium ion, fuel cells and hybrid. On the basis of endurance, the global

unmanned aerial vehicle market can be segmented into short (less than 5 hrs), medium (5 hrs 24 hrs)

and high (more than 24 hrs). On the basis of payload, the market can be segmented into synthetic

aperture radars (SARs), EW Systems, electro optic infrared sensors (EO/IR), C4I systems, and others. On

the basis of wing type, the global unmanned aerial vehicle market can be segmented into fixed wing, tilt

wing, unmanned helicopter and multicopter. On the basis of applications, the market can be segmented

into military, commercial and homeland security.

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Unmanned Aerial Vehicle Market

Unmanned Aerial Vehicles Market: Region wise Outlook

Based on regions, the Asia pacific, led by China and India is expected to be the most promising revenue

generating region in unmanned aerial vehicles market due to increasing boundary conflicts in this region.

Additionally, growing preference for automation in this region is further expected to fuel the demand for

unmanned aerial vehicles. North America is estimated to dominate the unmanned aerial vehicles

market. However, due to the cuts in defense budgets across this region, the region is projected to witness

steady growth in unmanned aerial vehicles market during the forecast period. Middle East and Africa are

projected to witness significant growth in unmanned aerial vehicles market in near future.

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Unmanned Aerial Vehicles Market: Market Participants

Some of the market participants identified in the global unmanned aerial vehicles market are mentioned

below:

• UAV Solutions, Inc.

• Lockheed Martin Corporation

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Unmanned Aerial Vehicle Market

• EMT Ingenieurgesellschaft Dipl.-Ing. Hartmut Euer mbH

• Selex ES Inc.

• BlueBird Aero Systems

• Northrop Grumman Corporation

• Dassault Aviation SA

• General Atomics

• Boeing

• AeroVironment, Inc.

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• Martin UAV

• Israel Aerospace Industries Ltd.

• BAE Systems

• Airbus DS GmbH

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