UAV (Drone) Market

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

Report Code: AS 2802 May, 2024, by marketsandmarkets.com

[463 Pages Report] The UAV volume is projected to grow from 5.42 million units in 2024 to 7.51 million units in 2029. The overall UAV (Drone) Market (OEM+ aftermarket) to be USD 30.2 billion in 2024 and is projected to reach USD 48.5 billion by 2029, at a CAGR of 9.9% from 2024 to 2029. The growth of the Unmanned Aerial Vehicle (UAV) market is fundamentally influenced by the evolution of technologies that include advancements in lightweight composite materials that enhance flight duration and efficiency, and developments in high-resolution imaging sensors that expand application possibilities. The integration of sophisticated data analytics and machine learning algorithms has significantly improved UAV intelligence, enabling autonomous operations. Additionally, improvements in communication systems, allowing for enhanced command and control capabilities, and the advancement of battery technology for longer operational ranges, are crucial. These factors collectively contribute to the escalating adoption and versatility of UAVs in various sector.

UAV (Drone) Market

UAV (Drone) Market

UAV (Drone) Market Forecast to 2029

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UAV (Drone) Market Dynamics

Driver: Increasing usage in civil and commercial applications

The use of UAVs is growing rapidly across many civil application domains, including real-time monitoring, providing wireless coverage, remote sensing, search & rescue, delivery of goods, security & surveillance, precision agriculture, and civil infrastructure inspection.

Some of the most prominent civilian applications are discussed below.

Aerial Photography and Videography

Over the past several years, radio-controlled UAVs have rapidly advanced through improved flying ease and high-quality still and video photography. They have become prominent consumer products and offer the potential for low elevation aerial photography to support research and commercial applications. Using drones for photography has become commonplace. They are simple to operate and can be purchased for less than USD 500. Because they take advantage of advanced digital techniques, drones are able to deliver beautiful, high-quality aerial photos and videos. One of the main uses of drone photography is for mapping. Drone photographers use both, vertical and oblique photographs for planning land-use projects, movie production, environmental studies, archaeology, power line inspection, oil and gas surveying, surveillance, commercial advertising, and even artistic projects.

3D Mapping

Drones are used for 3D mapping, surveying, or inspecting sites. They are also used to capture photographs to create maps. Drones offer a bird's-eye view and can map areas more effectively than human surveyors. With this ability, they are being adopted in the construction, agriculture, and mining sectors. In the agriculture sector, farmers can get a fair idea of the way crops look using drones. This helps them in making data-driven assessments to improve yield. Drones can identify which areas of the field require nitrogen or other fertilizers. Da-Jiang Innovations (DJI), a China-based technology company, manufactures drones such as AGRAS T16 and AGRAS T20 for agricultural applications. These drones can be used for spraying applications in orchards, farmlands, etc.

Drones can be used in the construction and mining sectors as they offer accurately contoured maps, monitor changes taking place in survey areas over a period, and share data with users through the cloud. Data gathered by drones is highly precise and accurate.

Delivery Services

Drones are used to deliver medical supplies in difficult terrains. For instance, Zipline (US) used its drones to carry blood samples for COVID-19 testing and supply vaccines to countries in Africa that lack proper healthcare infrastructures. In these areas, flying drones is more effective than driving and can be a valuable substitute for high-priced solutions such as helicopters. Drones are considered the future of last-mile delivery for consumer supplies since they will reduce cost per delivery, along with delivery time. As the wages of delivery persons continue to rise, autonomous delivery or human-less services will become gradually advantageous, especially in developed countries.

Inspection

Drones are particularly important for inspecting difficult-to-reach locations at certain altitudes or in contaminated surroundings. The use of drones has modernized telecommunication tower scrutiny as they can be used to carry out supervision of these towers cost-effectively and in less time. Drones can also be employed for aerial evaluation of buildings and other infrastructure such as pipelines, electric grids, offshore plants, and solar plates. They can use thermal imaging cameras to detect hotspots on solar plates; spots where energy is not spreading evenly. This can enhance the productivity of solar power plants by the instant identification of potentially problematic areas. For instance, the Lockheed Martin Procerus Technologies Indago quadrotor can be used for inspections near energy generation plants. This drone can capture comprehensive images from 300 feet away, thereby eliminating the need for shutting down power plants for inspections. The rugged construction of this drone enables its use in all-weather conditions. Other examples of drones used for inspection are Matrice 100, Aeryon Skyranger, and Intel/Asc Tec Falcon 8 of DJI.

Data Transmission

Drones can amplify Internet signals and offer access to isolated locations such as deserts in Africa or Asia. All-wireless networks in the sky are cost-effective and less troublesome, requiring lesser time to be developed than land-based networks. Google purchased Titan Aerospace, a start-up that manufactures high-altitude drones. It has been analyzing solar-powered broadband drones to support the execution of Project Loon, which delivers Internet services globally. Data transmissions using drones can also be carried out during large-scale sports events or concerts when the coverage is insufficient for everyone in a stadium.

Restraints: Limited payload capacity of commercial drones

A payload is the weight a drone or unmanned aerial vehicle can carry. It is usually counted outside of the weight of the drone itself and includes anything additional to the drone, such as extra cameras, sensors, or packages for delivery. The greater the payload the drone can carry, the more flexibility to include additional technology available to adapt it to specific needs. If a drone is to be airborne for a longer distance/duration whilst carrying a heavier payload, its size must be increased, along with a better power generation module. This could include upgrading the camera to a dual thermal and RGB imaging system, adding LiDAR technology, using GPS, or increasing the number of sensors in order to process more data simultaneously. This again leads to an increase in the size of the drone to carry more payloads; this is an ongoing cycle. This is one of the major restraints in the UAV market.

Opportunity: Use of UAVs for cargo delivery in military operations

Various new military applications for the use of UAVs are being developed. One of these applications involves the use of UAVs for the delivery of military cargo. These drones can be used to resupply soldiers on the battlefield. The idea of using UAVs for cargo delivery in the military sector was taken from the commercial sector-drones being used to deliver products to customers by companies such as Amazon.

Currently, a major portion of military supplies is transported through road convoys, which makes them vulnerable to enemy attacks. UAVs, on the other hand, take aerial routes, which can be changed so that the risks of enemy attacks on convoys can be reduced. Moreover, the use of UAVs to deliver military cargo also eliminates high-risk situations for soldiers in convoys. Deliveries using UAVs are expected to be faster and safer as compared to traditional road convoys.

The first military cargo delivery using drones was carried out by the US Marine Corps in 2012: it successfully used an unmanned K-MAX helicopter to deliver a cumulative of 2 million kilograms (4.4 million lbs.) of supplies to soldiers in Afghanistan. Though the delivery was successful, the use of UAVs for cargo delivery in the defense sector is not widespread. Researchers are trying to develop drones that can deliver supplies to soldiers in any location. For instance, the US military is developing a drone-the Joint Tactical Aerial Resupply Vehicle (JTARV)-capable of resupplying soldiers on the battlefield. The DeltaQuad Pro by Vertical Technologies-designed to carry industrial cargo over a 150 km range-is a UAV featuring a payload drop mechanism and advanced long-range communication systems." Rephrase this content and don't change the intended meaning of the paragraph

Challenges: Use of UAVs in criminal activities

UAVs, even though a remarkable technology, can be hazardous when they fall into the hands of extremists. They can be used by terrorists to carry out multiple attacks simultaneously, resulting in their amplified effect. They are cost-effective aircraft with simple operations that can easily access difficult terrains, making them a weapon of choice for terrorist organizations.

According to a US Special Operations Command report, as expensive drones used by military forces and governments of various countries are not easily available to the Islamic State in Iraq and the Levante (ISIL) and other violent non-state actors (VNSA), they use components and technologies that are easily available in the consumer market to develop small drones. Though these drones are the size of a watermelon or a football and can fly only a few miles, they still pose risks to civilians and critical infrastructures. VNSA often transform these small and inexpensive consumer drones into killer bees capable of significantly damaging and intimidating civilian population and military forces. Apart from threats of terror attacks, countries such as the US, Colombia, and Mexico are also witnessing the use of drones for drug smuggling.

UAV (Drone) Market Ecosystem

In the UAV (Drone) market ecosystem, key stakeholders range from major aircraft seat providers to private enterprises, distributors, suppliers, retailers, and end customers like airlines and aircraft manufacturers. Influential forces shaping the industry include investors, funders, academic researchers, distributors, service providers, and defense procurement authorities. This intricate network of participants collaboratively drives market dynamics, innovation, and strategic decisions, highlighting the complexity and vitality of the UAV (Drone) sector.

UAV (Drone) Market by Ecosystem

Based on the point of sale, the OEM segment is estimated to lead the UAV (Drone) market in 2024

Based on the point of sale, the UAV (Drone) market has been segmented broadly into OEM and Aftermarket. Here OEM segment is leading this segment in 2024. The OEM (Original Equipment Manufacturer) segment is anticipated to secure the largest market share within the UAV industry, predominantly due to its integration at the point of sale. This segment capitalizes on immediate consumer engagement at the transactional level, effectively positioning OEMs at the forefront of the market. This strategic placement is instrumental in facilitating the direct distribution of UAVs, thereby optimizing market penetration and consumer reach at the initial point of sale. Such an approach is critical for sustaining growth and market leadership in the rapidly evolving UAV landscape.

Based on the platform, the Defense & Government segment is estimated to lead the UAV (Drone) market in 2024

Based on the platform, the UAV (Drone) market has been segmented broadly into Civil & Commercial, Defense & Government. Here Defense & Government segment is leading this segment in 2024. The primary growth driver for this segment is its widespread adoption due to its robust applications in defense and governmental operations. This growth is supported by the segment's ability to offer versatile and effective UAV solutions tailored for security, surveillance, and operational efficiency in governmental tasks, positioning it as a leading contributor to the overall expansion of the UAV market.

Based on the function, the Special Purpose Drones segment is estimated to lead the UAV (Drone) market in 2024

Based on the function, the UAV (Drone) market has been segmented broadly into special purpose drones, passenger drones, inspection & monitoring, surveying & mapping, spraying & seeding, cargo air vehicles, others. Here special purpose drones is leading this segment in 2024. This preeminence is primarily attributed to the significant allocations within defense budgets, which prioritize advanced technological integrations for specific operational requirements. Special-purpose UAVs, engineered for distinct applications such as surveillance, tactical operations, and targeted delivery systems, directly benefit from these allocations. As governments globally increase their expenditure on defense to enhance national security capabilities, a substantial portion is directed towards specialized unmanned systems. This financial commitment supports the development and acquisition of UAVs tailored to perform specific functions that are critical in modern warfare and national defense strategies. The increased funding is not just a reflection of growing security needs but also of the strategic importance of UAVs in achieving operational superiority and intelligence objectives.

Based on the application, the military segment is estimated to hold the highest market share of the UAV (Drone) market in 2024

Based on the application, the UAV (Drone) market has been segmented broadly into military, commercial, government & law enforcement, and consumer. Here military segment is leading this segment in 2024. Within the UAV market, the military application segment is anticipated to maintain the majority market share, primarily driven by escalating allocations in defense budgets globally. These financial commitments are enabling substantial investments in UAV technology, particularly in enhancing capabilities such as extended range, improved payload capacities, and advanced communication systems. This strategic financial backing is instrumental in facilitating the rapid deployment and integration of UAVs across various military operations, ensuring they remain at the cutting edge of defense technology. Additionally, the focus on developing autonomous and semi-autonomous UAVs is receiving significant support through increased defense spending, aiming to achieve superior operational efficiency and tactical superiority. The correlation between rising defense budgets and the expansion of UAV capabilities highlights the critical role of financial resources in driving the advancement and dominance of the military segment in the UAV market.

Based on the type, the fixed wing segment is estimated to lead the UAV (Drone) market in 2024

Based on the type, the UAV (Drone) market has been segmented broadly into fixed, rotary, and hybrid wings. the Fixed Wing category is projected to dominate in terms of market share. This predominance is primarily attributed to the inherent advantages offered by fixed-wing UAVs, including extended flight duration, greater payload capacity, and enhanced efficiency over long distances. These characteristics are crucial in applications requiring sustained aerial coverage and extensive reach, thus driving the segment's growth within the broader UAV (Drone) landscape. Consequently, fixed-wing UAVs are increasingly preferred in both military and commercial sectors, supporting their leading position in the market.

Based on the MTOW, the <25KG segment is estimated to lead the UAV (Drone) market in 2024

Based on the MTOW, the UAV (Drone) market has been segmented broadly into <25Kg, 25-170kg, >170 Kg. The <25Kg Maximum Takeoff Weight (MTOW) segment is projected to dominate the Unmanned Aerial Vehicle (UAV) market share. This predominance is attributed to the intrinsic advantages offered by UAVs within this weight range, including reduced regulatory constraints, enhanced maneuverability, and lower operational costs. These factors collectively facilitate broader adoption across various applications, significantly influencing the expansion of the UAV market. The lightweight nature of these UAVs makes them ideal for a diverse range of uses in both commercial and recreational sectors, driving their increased market penetration.

Based on the System, the platform segment is estimated to lead the UAV (Drone) market in 2024

Based on the system, the UAV (Drone) market has been segmented broadly into platform, payload, datalink, ground control station, launch & recovery system. The Platform segment is anticipated to secure the dominant market share. Growth of the segment is primarily driven by the contribution to the technological advancement of UAV systems. Enhanced platform functionalities are pivotal to improving UAV performance and utility, thereby fostering significant market expansion. The platform segment dominance highlights its effectiveness in integrating cutting-edge technologies and improving the performance metrics of unmanned aerial systems.

The North America market is projected to have the largest share in 2024 in the UAV (Drone) market

UAV (Drone) Market by Region

UAV (Drone) Market by Region

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Based on region, the UAV (Drone) market has been segmented into North America, Europe, Asia Pacific the Middle East, Latin America, and Africa. North America will capture the largest market share in the UAV sector, bolstered by strategic contracts and deals. A significant factor in this regional dominance is the U.S. Department of Defense’s continued investment in drone technology, exemplified by a recent multi-billion-dollar agreement with prominent aerospace firms for the development of next-generation UAVs. This contract aims to enhance reconnaissance and surveillance capabilities, reflecting a broader trend of increased defense expenditure on unmanned systems. Additionally, commercial agreements in sectors such as logistics and agriculture, where drones are being employed for delivery and monitoring purposes, further amplify the region's market share. These contracts not only underscore the financial commitment to UAV technology but also solidify North America's position as a hub for UAV innovation and deployment. In July 2023, Teledyne FLIR Defense, a part of Teledyne FLIR LLC, secured a significant Indefinite Delivery, Indefinite Quantity (IDIQ) contract from the US Army for its Black Hornet 3 Personal Reconnaissance Systems (PRS). This five-year contract covers the delivery of nano-unmanned aerial systems (UAS), controllers, spare parts, and training.

Key Market Players

Major players in the UAV (Drone) companies include Raytheon Technologies Corporation (US), 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), to enhance their presence in the market. The report covers various industry trends and new technological innovations in the UAV (Drone) market.

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Scope of the Report

Report Metric

Details

Market size available for years

2020-2029

Base year considered

2023

Forecast period

2024-2029

Forecast units

Value (USD)

Segments Covered

By applications, MTOW, Range, mode of operation, systems, functions, point of sale, platform, type and end user.

 

Geographies covered

North America, Asia Pacific, Europe, Middle East, Latin America, and Africa

Companies covered

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

UAV (Drone) Market Highlights

This research report categorizes the UAV Market based on applications, MTOW, Range, mode of operation, systems, functions, point of sale, platform, type, and end user.

Segment

Subsegment

By Point of Sale

  • OEM
  • Aftermarket 

By Systems

  • Platform
  • Payload
  • Datalink
  • Ground Control Station
  • UAV Launch And Recovery System

By Platform

  • Civil & Commerical
  • 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

By Region

  • North America
  •  Europe
  • Asia Pacific
  • Middle East
  • Latin America
  • Africa

Recent Developments

  • In April 2024, Israel Aerospace Industries (IAI) and Aerotor Unmanned Systems have executed a Memorandum of Understanding (MoU) to collaboratively enhance unmanned aerial system technologies. IAI will leverage its expertise in aviation and unmanned platforms, while Aerotor will integrate its Apus multicopter, which features a central heavy-fuel propulsion system and a variable-pitch mechanism. This configuration augments the Apus with superior payload capabilities, prolonged endurance, and improved agility.
  • In February 2024, Teledyne FLIR Defense, a subsidiary of Teledyne Technologies Inc. has secured a contract by the Canadian Department of National Defence for the procurement of 800+ SkyRanger R70 Unmanned Aerial Systems (UAS), with a total contract value exceeding CAD$95 million (approx. US$70 million). These UAS, , are equipped with autonomous navigation, and sophisticated thermal and daytime optical sensors for long-range target detection and identification. The versatile SkyRanger® R70 drones are capable of carrying diverse payloads up to 3.5 kg, including munitions, and will be donated to Ukraine by Canada.

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 54)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 MARKET SCOPE 
           FIGURE 1 UAV MARKET SEGMENTATION
           1.3.1 REGIONS COVERED
           1.3.2 YEARS CONSIDERED
    1.4 CURRENCY & PRICING 
           TABLE 1 USD EXCHANGE RATES
    1.5 INCLUSIONS AND EXCLUSIONS 
           TABLE 2 UAV MARKET: INCLUSIONS AND EXCLUSIONS
    1.6 STAKEHOLDERS 
    1.7 SUMMARY OF CHANGES 
           1.7.1 RECESSION IMPACT
 
2 RESEARCH METHODOLOGY (Page No. - 60)
    2.1 RESEARCH DATA 
           FIGURE 2 RESEARCH PROCESS FLOW
           FIGURE 3 RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary respondents
                    2.1.2.2 Key primary sources
                    2.1.2.3 Key data from primary sources
                    2.1.2.4 Breakdown of primary interviews
                               FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
    2.2 FACTOR ANALYSIS 
           2.2.1 INTRODUCTION
           2.2.2 DEMAND-SIDE INDICATORS
           2.2.3 SUPPLY-SIDE INDICATORS
    2.3 MARKET SIZE ESTIMATION 
           2.3.1 BOTTOM-UP APPROACH
                    2.3.1.1 Regional spilt of UAV market
                    2.3.1.2 Pricing analysis
                               TABLE 3 MARKET SIZE ILLUSTRATION
                               FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           2.3.2 TOP-DOWN APPROACH
                    FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
    2.4 DATA TRIANGULATION 
           FIGURE 7 DATA TRIANGULATION
    2.5 RECESSION IMPACT ANALYSIS 
           2.5.1 KEY ELEMENTS
           2.5.2 SCENARIO ANALYSIS
    2.6 RESEARCH ASSUMPTIONS 
    2.7 RESEARCH LIMITATIONS 
    2.8 RISK ANALYSIS 
 
3 EXECUTIVE SUMMARY (Page No. - 72)
    FIGURE 8 OEM POINT OF SALE SEGMENT TO ACCOUNT FOR DOMINANT SHARE OF UAV MARKET IN 2024
    FIGURE 9 DEFENSE & GOVERNMENT SEGMENT TO DOMINATE UAV MARKET IN 2024
    FIGURE 10 FULLY AUTONOMOUS UAVS TO GROW AT HIGHEST RATE DURING FORECAST PERIOD
    FIGURE 11 SPECIAL-PURPOSE DRONES TO HOLD LARGEST SHARE OF UAV MARKET IN 2024
    FIGURE 12 MILITARY TO BE LARGEST APPLICATION SEGMENT OF UAV MARKET IN 2024
    FIGURE 13 <25 KG MTOW TO BE LARGEST SEGMENT OF UAV MARKET IN 2024
    FIGURE 14 BVLOS TO BE LARGEST RANGE SEGMENT OF UAV MARKET IN 2024
    FIGURE 15 UAV MARKET IN EUROPE TO GROW AT HIGHEST CAGR FROM 2024 TO 2029
 
4 PREMIUM INSIGHTS (Page No. - 77)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN UAV MARKET 
           FIGURE 16 INCREASING FUNDING AND USE OF UAVS FOR VARIOUS COMMERCIAL AND DEFENSE APPLICATIONS TO DRIVE MARKET
    4.2 UAV MARKET, BY SPECIAL-PURPOSE DRONE TYPE 
           FIGURE 17 UCAV SEGMENT TO LEAD SPECIAL-PURPOSE UAV MARKET DURING FORECAST PERIOD
    4.3 UAV MARKET, BY SYSTEM 
           FIGURE 18 PLATFORM SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
    4.4 UAV MARKET, BY COMMERCIAL APPLICATION 
           FIGURE 19 INSPECTION & MONITORING TO BE LARGEST COMMERCIAL APPLICATION DURING FORECAST PERIOD
    4.5 UAV MARKET, BY GOVERNMENT & LAW ENFORCEMENT APPLICATION 
           FIGURE 20 BORDER MANAGEMENT TO BE DOMINANT GOVERNMENT & LAW ENFORCEMENT APPLICATION DURING FORECAST PERIOD
    4.6 UAV MARKET, BY CONSUMER APPLICATION 
           FIGURE 21 PROSUMERS TO BE LEADING CONSUMER APPLICATION SEGMENT OF UAV MARKET
    4.7 UAV MARKET, BY PROPULSION SYSTEM 
           FIGURE 22 ENGINE SEGMENT PROJECTED TO HOLD MAJOR SHARE DURING FORECAST PERIOD
    4.8 UAV MARKET, BY PAYLOAD TYPE 
           FIGURE 23 INTELLIGENCE PAYLOAD TO COMMAND LARGEST SHARE DURING FORECAST PERIOD
    4.9 UAV MARKET, BY MULTICOPTER TYPE 
           FIGURE 24 QUADCOPTER SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
 
5 MARKET OVERVIEW (Page No. - 82)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 25 UAV MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Rising procurement for military applications
                               FIGURE 26 NUMBER OF COUNTRIES DEVELOPING, ACQUIRING, AND USING ARMED DRONES, 2000–2020
                    5.2.1.2 Farm management optimization using agricultural drones
                               FIGURE 27 AGRICULTURAL DRONES AND THEIR BENEFITS
                    5.2.1.3 Increasing use in civil and commercial applications
                    5.2.1.4 Sensor and technology development
                               FIGURE 28 DECREASING COST OF DRONE COMPONENTS (USD)
                    5.2.1.5 Supportive government regulations and initiatives
                               TABLE 4 COMMERCIAL INDUSTRIES EXEMPTED BY FAA
           5.2.2 RESTRAINTS
                    5.2.2.1 Information security risk and lack of standardized air traffic regulations
                    5.2.2.2 Lack of qualified and certified drone operators
                    5.2.2.3 Limited payload capacity of commercial drones
           5.2.3 OPPORTUNITIES
                    5.2.3.1 High investments in commercial drone industry
                               FIGURE 29 INVESTMENTS IN COMMERCIAL DRONE INDUSTRY, 2013–2023 (USD MILLION)
                    5.2.3.2 Use of UAVs for cargo delivery in military operations
                    5.2.3.3 Growing use in providing wireless coverage
                    5.2.3.4 Technological advancements to enhance accuracy of package delivery
                    5.2.3.5 Real-time monitoring of road traffic
           5.2.4 CHALLENGES
                    5.2.4.1 Issues with hijacking and security of UAVs
                    5.2.4.2 Lack of sustainable power sources to improve endurance
                               TABLE 5 ENDURANCE-BASED MAPPING OF POWER SOURCES
                    5.2.4.3 Unpredictable weather conditions
    5.3 ECOSYSTEM ANALYSIS 
           5.3.1 PLATFORM MANUFACTURERS
           5.3.2 SUBSYSTEM MANUFACTURERS
           5.3.3 SERVICE PROVIDERS
           5.3.4 SOFTWARE PROVIDERS
           5.3.5 MISCELLANEOUS
                    FIGURE 30 UAV MARKET ECOSYSTEM
                    TABLE 6 ROLE OF COMPANIES IN ECOSYSTEM
    5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 
           FIGURE 31 REVENUE SHIFTS AND NEW REVENUE POCKETS IN UAV MARKET
    5.5 VALUE CHAIN ANALYSIS 
           FIGURE 32 VALUE CHAIN ANALYSIS
           5.5.1 PLANNING AND REVISED FUNDING
           5.5.2 RESEARCH & DEVELOPMENT
           5.5.3 RAW MATERIAL PROCUREMENT AND MANUFACTURING
           5.5.4 ASSEMBLY, TESTING, AND APPROVALS
           5.5.5 DISTRIBUTION AND AFTER-SALES SERVICES
    5.6 TRADE DATA ANALYSIS 
           TABLE 7 IMPORT AND EXPORT STATISTICS FOR UAVS
           5.6.1 IMPORT DATA ANALYSIS
                    5.6.1.1 Unmanned aircraft (HS Code: 8806)
                               FIGURE 33 TOP 10 IMPORTING COUNTRIES, 2022−2023 (USD THOUSAND)
           5.6.2 EXPORT DATA ANALYSIS
                    5.6.2.1 Unmanned aircraft (HS Code: 8806)
                               FIGURE 34 TOP 10 EXPORTING COUNTRIES, 2022−2023 (USD THOUSAND)
    5.7 OPERATIONAL DATA 
           FIGURE 35 TOTAL ACTIVE FLEET OF DRONES USED BY US NAVY AND MARINE (BY UNITS)
           FIGURE 36 TOTAL ACTIVE FLEET OF DRONES USED BY US AIR FORCE (UNITS)
           FIGURE 37 COMMERCIAL AND RECREATIONAL UAVS REGISTERED IN US, 2017–2023 (UNITS)
    5.8 PRICING ANALYSIS 
           5.8.1 INDICATIVE PRICING ANALYSIS, BY APPLICATION AND REGION
                    FIGURE 38 INDICATIVE PRICING, BY APPLICATION AND REGION (USD)
                    TABLE 8 INDICATIVE PRICE RANGE, BY APPLICATION AND REGION (USD)
                    TABLE 9 INDICATIVE PRICE RANGE FOR MILITARY UAVS, BY REGION (USD MILLION)
           5.8.2 INDICATIVE PRICING ANALYSIS, BY PLATFORM
    5.9 BILL OF MATERIALS 
           FIGURE 39 COMMERCIAL DRONE KEY COMPONENT DISTRIBUTION
           FIGURE 40 MILITARY DRONE KEY COMPONENT DISTRIBUTION
    5.10 BUSINESS MODEL 
           5.10.1 DIRECT SALE BUSINESS MODEL
                    FIGURE 41 DIRECT SALE BUSINESS MODEL
           5.10.2 SUBSCRIPTION-BASED SERVICE MODEL
                    FIGURE 42 SUBSCRIPTION-BASED SERVICE MODEL
           5.10.3 OPERATING LEASE MODEL
                    FIGURE 43 OPERATING LEASE MODEL
                    TABLE 10 LEASED MILITARY DRONES
                    FIGURE 44 BUSINESS MODELS IN UAV MARKET
                    FIGURE 45 BUSINESS MODEL COMPARISON
    5.11 VOLUME DATA 
           TABLE 11 UAV MARKET, BY REGION, 2020–2022 (UNITS)
    5.12 INVESTMENT AND FUNDING SCENARIO 
           FIGURE 46 INVESTMENT AND FUNDING SCENARIO, 2019−2023
    5.13 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 47 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS
                    TABLE 12 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS (%)
           5.13.2 BUYING CRITERIA
                    FIGURE 48 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
                    TABLE 13 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
    5.14 TECHNOLOGY ROADMAP 
           FIGURE 49 TECHNOLOGY ROADMAP FOR UAV MARKET
           FIGURE 50 EMERGING TRENDS
    5.15 TOTAL COST OF OWNERSHIP 
           TABLE 14 TOTAL COST OF OWNERSHIP OF UAVS
           FIGURE 51 TOTAL COST OF OWNERSHIP ASSOCIATED WITH ACQUISITION OF UAVS
           FIGURE 52 UAV LIFE CYCLE PHASES
           FIGURE 53 AVERAGE BREAKDOWN OF MAJOR COST CATEGORIES AS % OF TOTAL LIFE CYCLE COST
           TABLE 15 ESTIMATED COST OF DRONES
           TABLE 16 TECHNICAL COST OF DRONES
    5.16 USE CASE ANALYSIS 
           5.16.1 TRANSFER OF MEDICAL PRESCRIPTIONS USING DRONES FROM MANNA AERO
                    TABLE 17 ESSENTIAL SUPPLIES DELIVERED BY MANNA AERO IN RURAL AREAS
           5.16.2 AEROVIRONMENT'S MARITIME INITIATIVE
                    TABLE 18 AEROVIRONMENT’S UAS FOR MARITIME COUNTER-TRAFFICKING OPERATIONS
           5.16.3 CARGO DRONE FIELD TESTS IN AMAZON FOREST IN PERU
                    TABLE 19 FIELD TESTS USING CARGO DRONES TO DELIVER VACCINES AND BLOOD SAMPLES
           5.16.4 NAGORNO-KARABAKH CONFLICT
                    TABLE 20 IMPORTANCE OF ARMED DRONES AND HIGHLY TRAINED GROUND FORCES DEMONSTRATED
           5.16.5 ZIPLINE DRONES USED TO DELIVER COVID-19 VACCINES
                    TABLE 21 COVID-19 VACCINES DELIVERED TO GHANA BY ZIPLINE
           5.16.6 CANYON MAPPING IN COLORADO, US
                    TABLE 22 SAND CANYON MAPPED BY CCAC AND CANM
    5.17 TECHNOLOGY ANALYSIS 
           5.17.1 KEY TECHNOLOGIES
                    5.17.1.1 Artificial intelligence in UAVS
                               TABLE 23 COMPANIES WORKING TOWARD DEVELOPMENT OF DRONE SOFTWARE WITH AI
                               TABLE 24 COMPANIES WORKING TOWARD DEVELOPMENT OF DRONE EQUIPMENT WITH AI
                               TABLE 25 UAV INNOVATIONS
                    5.17.1.2 Mid-Air refueling of drones
                    5.17.1.3 Anti-UAV defense systems
                    5.17.1.4 UAV with LiDAR system
                               TABLE 26 USAGE OF DRONES WITH LIDAR SYSTEM
           5.17.2 COMPLEMENTARY TECHNOLOGIES
                    5.17.2.1 Beyond visual line of sight (BVLOS) operations
                    5.17.2.2 Increased autonomy in traffic management
                    5.17.2.3 Energy harvesting
                    5.17.2.4 Enhanced security protocols
    5.18 REGULATORY LANDSCAPE 
           5.18.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 27 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 28 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 29 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 30 MIDDLE EAST: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 31 LATIN AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 32 DRONE REGULATIONS AND APPROVAL FOR COMMERCIAL SECTOR, BY COUNTRY
           5.18.2 NORTH AMERICA
                    5.18.2.1 US
                               TABLE 33 US: RULES AND GUIDELINES BY FAA FOR OPERATION OF DRONES
                    5.18.2.2 Canada
                               TABLE 34 CANADA: RULES AND GUIDELINES FOR OPERATION OF DRONES
           5.18.3 EUROPE
                    5.18.3.1 UK
                               TABLE 35 UK: RULES AND GUIDELINES BY CAA FOR OPERATION OF DRONES
                    5.18.3.2 Germany
                               TABLE 36 GERMANY: RULES AND GUIDELINES FOR OPERATION OF DRONES
                    5.18.3.3 France
                               TABLE 37 FRANCE: RULES AND GUIDELINES FOR OPERATION OF DRONES
                               TABLE 38 UAV REGULATIONS, BY COUNTRY
    5.19 KEY CONFERENCES AND EVENTS 
           TABLE 39 KEY CONFERENCES AND EVENTS, 2024–2025
 
6 INDUSTRY TRENDS (Page No. - 135)
    6.1 INTRODUCTION 
    6.2 TECHNOLOGY TRENDS 
           6.2.1 DRONE SWARM TECHNOLOGY
           6.2.2 SYNTHETIC APERTURE RADAR
           6.2.3 MANNED-UNMANNED TEAMING (MUM-T)
           6.2.4 HYPERSONIC ARMED DRONES
           6.2.5 DRONE MANUFACTURING USING ADVANCED MATERIALS
           6.2.6 SIGINT BY DRONES
           6.2.7 NETWORK FUNCTIONS VIRTUALIZATION (NFV)
           6.2.8 MICROTURBINE ENGINE-POWERED DRONES
           6.2.9 MICROMECHANICAL FLYING INSECTS
           6.2.10 SOFTWARE-DEFINED NETWORKING (SDN)
           6.2.11 MILLIMETER-WAVE (MM-WAVE) TECHNOLOGY
           6.2.12 TARGET DRONES
           6.2.13 VALUING UAVS (PILOT-ON-A-CHIP)
           6.2.14 DRONE INSURANCE
                    TABLE 40 INSURANCE COVERAGE OFFERED
                    TABLE 41 COMPANIES PROVIDING DRONE INSURANCE
    6.3 UAV PRODUCT ECOSYSTEM 
           6.3.1 BRIEF DESCRIPTION OF KEY UAV PRODUCTS
                    TABLE 42 KEY UAV PRODUCTS
    6.4 UAV SPECIFICATIONS 
    6.5 SOFTWARE USED IN UAVS 
           TABLE 43 RECENT UPGRADES TO UAV-BASED SOFTWARE
    6.6 UAV SERVICES 
           TABLE 44 COMPANIES PROVIDING VARIOUS UAV SERVICES
    6.7 IMPACT OF MEGATRENDS 
           6.7.1 NANOTECHNOLOGY
           6.7.2 ARTIFICIAL INTELLIGENCE
           6.7.3 GREEN INITIATIVE
           6.7.4 GREATER CUSTOMIZATION
           6.7.5 DISRUPTIVE TECHNOLOGIES
           6.7.6 REGULATORY CHANGES
           6.7.7 EXTENDING REACH OF MOBILE IOT
           6.7.8 REDUCING ENVIRONMENTAL IMPACT OF DELIVERY VEHICLES
           6.7.9 3D PRINTING
    6.8 MATURITY MAPPING OF DRONE TECHNOLOGIES 
           FIGURE 54 MATURITY STAGES OF DRONE TECHNOLOGIES
    6.9 SUPPLY CHAIN ANALYSIS 
           FIGURE 55 SUPPLY CHAIN ANALYSIS
    6.10 PATENT ANALYSIS 
           FIGURE 56 PATENT ANALYSIS
           TABLE 45 UAV MARKET: KEY PATENTS, JANUARY 2020–APRIL 2024
 
7 UAV MARKET, BY POINT OF SALE (Page No. - 161)
    7.1 INTRODUCTION 
           FIGURE 57 OEM SEGMENT OF UAV MARKET TO GROW AT HIGHER CAGR FROM 2024 TO 2029
           TABLE 46 UAV MARKET, BY POINT OF SALE, 2020–2023 (USD MILLION)
           TABLE 47 UAV MARKET, BY POINT OF SALE, 2024–2029 (USD MILLION)
    7.2 ORIGINAL EQUIPMENT MANUFACTURER (OEM) 
           7.2.1 INCREASING ADOPTION OF NEXT-GENERATION UAVS TO DRIVE MARKET
    7.3 AFTERMARKET 
           7.3.1 HIGH DEMAND FOR AFTERMARKET SERVICES TO MAINTAIN AND UPGRADE UAVS TO DRIVE MARKET
                    TABLE 48 UAV AFTERMARKET, BY SERVICE, 2020–2023 (USD MILLION)
                    TABLE 49 UAV AFTERMARKET, BY SERVICE, 2024–2029 (USD MILLION)
           7.3.2 REPLACEMENT
           7.3.3 MAINTENANCE, REPAIR, AND OVERHAUL (MRO)
           7.3.4 SIMULATION & TRAINING
 
8 UAV MARKET, BY SYSTEM (Page No. - 166)
    8.1 INTRODUCTION 
           FIGURE 58 PLATFORM SEGMENT TO ACCOUNT FOR LARGEST SHARE OF UAV MARKET, 2024–2029
           TABLE 50 UAV MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
           TABLE 51 UAV MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
    8.2 PLATFORM 
           8.2.1 INCREASING ADOPTION IN COMMERCIAL AND DEFENSE SEGMENTS TO DRIVE MARKET
                    TABLE 52 PLATFORM: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                    TABLE 53 PLATFORM: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
           8.2.2 AIRFRAME
                    TABLE 54 AIRFRAME: UAV MARKET, BY MATERIAL, 2020–2023 (USD MILLION)
                    TABLE 55 AIRFRAME: UAV MARKET, BY MATERIAL, 2024–2029 (USD MILLION)
                    8.2.2.1 Alloys
                    8.2.2.2 Plastics
                    8.2.2.3 Composites
                               TABLE 56 COMPOSITES: UAV AIRFRAME MATERIAL MARKET, BY TYPE, 2020–2023 (USD MILLION)
                               TABLE 57 COMPOSITES: UAV AIRFRAME MATERIAL MARKET, BY TYPE, 2024–2029 (USD MILLION)
                               8.2.2.3.1 Carbon fiber-reinforced polymer (CFRP)
                               8.2.2.3.2 Glass fiber-reinforced polymer (GFRP)
                               8.2.2.3.3 Boron fiber-reinforced polymer (BFRP)
                               8.2.2.3.4 Aramid fiber-reinforced polymer (AFRP)
           8.2.3 AVIONICS
                    TABLE 58 AVIONICS: UAV MARKET, BY SYSTEM TYPE, 2020–2023 (USD MILLION)
                    TABLE 59 AVIONICS: UAV MARKET, BY SYSTEM TYPE, 2024–2029 (USD MILLION)
                    8.2.3.1 Flight control
                               TABLE 60 FLIGHT CONTROL SYSTEM: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                               TABLE 61 FLIGHT CONTROL SYSTEM: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                               8.2.3.1.1 Air Data/Computer
                               8.2.3.1.2 Autopilot/Flight control computer
                    8.2.3.2 Navigation
                               TABLE 62 NAVIGATION: UAV MARKET, BY SYSTEM TYPE, 2020–2023 (USD MILLION)
                               TABLE 63 NAVIGATION: UAV MARKET, BY SYSTEM TYPE, 2024–2029 (USD MILLION)
                               8.2.3.2.1 Global positioning system (GPS)/Global navigation satellite system (GNSS)
                               8.2.3.2.2 Inertial navigation system (INS)/Inertial measurement unit (IMU)
                               8.2.3.2.3 Sense & avoid
                    8.2.3.3 Sensor
                               TABLE 64 SENSOR: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                               TABLE 65 SENSOR: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                               8.2.3.3.1 Speed sensor
                               8.2.3.3.2 Light sensor
                               8.2.3.3.3 Proximity sensor
                               8.2.3.3.4 Temperature sensor
                               8.2.3.3.5 Position sensor
                    8.2.3.4 Communications
                    8.2.3.5 Others
           8.2.4 PROPULSION SYSTEM
                    TABLE 66 PROPULSION SYSTEM: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                    TABLE 67 PROPULSION SYSTEM: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                    8.2.4.1 Engine
                               TABLE 68 ENGINE: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                               TABLE 69 ENGINE: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                               8.2.4.1.1 Gas engine
                               8.2.4.1.2 Electric engine
                    8.2.4.2 Battery
                               TABLE 70 BATTERY: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                               TABLE 71 BATTERY: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                               8.2.4.2.1 Rechargeable
                               8.2.4.2.2 Solar cell
                               8.2.4.2.3 Fuel cell
           8.2.5 SOFTWARE
    8.3 PAYLOAD 
           8.3.1 HIGH DEMAND FROM COMMERCIAL SEGMENT TO DRIVE MARKET
                    TABLE 72 PAYLOAD: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                    TABLE 73 PAYLOAD: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
           8.3.2 CAMERA
                    TABLE 74 CAMERA: UAV PAYLOAD MARKET, BY TYPE, 2020–2023 (USD MILLION)
                    TABLE 75 CAMERA: UAV PAYLOAD MARKET, BY TYPE, 2024–2029 (USD MILLION)
                    8.3.2.1 High-resolution camera
                    8.3.2.2 Multispectral camera
                    8.3.2.3 Hyperspectral camera
                    8.3.2.4 Thermal camera
                    8.3.2.5 Electro-optical (EO)/Infrared (IR) camera
           8.3.3 INTELLIGENCE PAYLOAD
                    TABLE 76 INTELLIGENCE PAYLOAD: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                    TABLE 77 INTELLIGENCE PAYLOAD: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                    8.3.3.1 Signal intelligence (SIGINT)
                    8.3.3.2 Electronic intelligence (ELINT)
                    8.3.3.3 Communication intelligence (COMINT)
                    8.3.3.4 Telemetry intelligence (TELINT)
           8.3.4 RADAR
                    TABLE 78 RADAR: UAV PAYLOAD MARKET, BY TYPE, 2020–2023 (USD MILLION)
                    TABLE 79 RADAR: UAV PAYLOAD MARKET, BY TYPE, 2024–2029 (USD MILLION)
                    8.3.4.1 Synthetic aperture radar (SAR)
                    8.3.4.2 Active electronically scanned array (AESA) radar
           8.3.5 LIDAR
           8.3.6 GIMBAL
    8.4 DATA LINK 
           8.4.1 DEFENSE SECTOR TO UNDERPIN GROWTH OF DATA LINK MARKET
    8.5 GROUND CONTROL STATION 
           8.5.1 ABILITY TO ENABLE MISSION PLANNING AND OFFER FULL FLIGHT CONTROL FOR DRONES TO DRIVE MARKET
    8.6 LAUNCH & RECOVERY SYSTEM 
           8.6.1 APPLICATION LIMITED TO SMALL UAVS
 
9 UAV MARKET, BY PLATFORM (Page No. - 185)
    9.1 INTRODUCTION 
           TABLE 80 UAV MARKET VOLUME (IN UNITS), BY PLATFORM, 2020–2023
           TABLE 81 UAV MARKET VOLUME (IN UNITS), BY PLATFORM, 2024–2029
           FIGURE 59 DEFENSE & GOVERNMENT PLATFORM TO DOMINATE UAV MARKET FROM 2024 TO 2029
           TABLE 82 UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
           TABLE 83 UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
    9.2 CIVIL & COMMERCIAL 
           9.2.1 EMERGING APPLICATIONS IN CIVIL AND COMMERCIAL SECTORS TO DRIVE MARKET
                    TABLE 84 CIVIL & COMMERCIAL: UAV MARKET, BY PLATFORM TYPE, 2020–2023 (USD MILLION)
                    TABLE 85 CIVIL & COMMERCIAL: UAV MARKET, BY PLATFORM TYPE, 2024–2029 (USD MILLION)
           9.2.2 MICRO
           9.2.3 SMALL
           9.2.4 MEDIUM
           9.2.5 LARGE
    9.3 DEFENSE & GOVERNMENT 
           9.3.1 INCREASING USE OF DRONES IN RESCUE AND ISR OPERATIONS TO DRIVE MARKET
                    TABLE 86 DEFENSE & GOVERNMENT: UAV MARKET, BY PLATFORM TYPE, 2020–2023 (USD MILLION)
                    TABLE 87 DEFENSE & GOVERNMENT: UAV MARKET, BY PLATFORM TYPE, 2024–2029 (USD MILLION)
           9.3.2 SMALL
                    TABLE 88 SMALL UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                    TABLE 89 SMALL UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                    9.3.2.1 Nano
                    9.3.2.2 Micro
                    9.3.2.3 Mini
    9.4 TACTICAL 
           TABLE 90 TACTICAL UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
           TABLE 91 TACTICAL UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
           9.4.1 CLOSE RANGE
           9.4.2 SHORT RANGE
           9.4.3 MEDIUM RANGE
           9.4.4 LONG RANGE
           9.4.5 STRATEGIC
                    TABLE 92 STRATEGIC UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                    TABLE 93 STRATEGIC UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                    9.4.5.1 HALE
                    9.4.5.2 MALE
 
10 UAV MARKET, BY FUNCTION (Page No. - 195)
     10.1 INTRODUCTION 
             FIGURE 60 SPECIAL-PURPOSE DRONES SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE FROM 2024 TO 2029
             TABLE 94 UAV MARKET, BY FUNCTION, 2020–2023 (USD MILLION)
             TABLE 95 UAV MARKET, BY FUNCTION, 2024–2029 (USD MILLION)
     10.2 SPECIAL PURPOSE DRONES 
             TABLE 96 SPECIAL PURPOSE DRONES: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
             TABLE 97 SPECIAL PURPOSE DRONES: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
             10.2.1 UCAVS
             10.2.2 SWARM DRONES
             10.2.3 STRATOSPHERIC DRONES
             10.2.4 EXO-STRATOSPHERIC DRONES
     10.3 PASSENGER DRONES 
             TABLE 98 PASSENGER DRONES: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
             TABLE 99 PASSENGER DRONES: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
             10.3.1 DRONE TAXIS
             10.3.2 AIR SHUTTLES
             10.3.3 AIR AMBULANCES
             10.3.4 PERSONAL AIR VEHICLES
     10.4 INSPECTION & MONITORING DRONES 
     10.5 SURVEYING & MAPPING DRONES 
     10.6 SPRAYING & SEEDING DRONES 
     10.7 OTHERS 
             10.7.1 PHOTOGRAPHY/FILMING DRONES
             10.7.2 CARGO DELIVERY DRONES
 
11 UAV MARKET, BY INDUSTRY (Page No. - 202)
     11.1 INTRODUCTION 
             FIGURE 61 DEFENSE & SECURITY TO COMMAND LARGEST SHARE OF UAV MARKET DURING FORECAST PERIOD
             TABLE 100 UAV MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
             TABLE 101 UAV MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
     11.2 DEFENSE & SECURITY 
             11.2.1 DEVELOPMENT OF ADVANCED UNMANNED SYSTEMS FOR COMBAT OPERATIONS TO DRIVE MARKET
     11.3 AGRICULTURE 
             11.3.1 INCREASING UTILIZATION OF DRONES FOR MONITORING AND SPRAYING PURPOSES TO DRIVE MARKET
     11.4 LOGISTICS & TRANSPORTATION 
             11.4.1 RISING DEMAND FOR REDUCED DELIVERY TIMES TO DRIVE MARKET
                        TABLE 102 LOGISTICS & TRANSPORTATION: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                        TABLE 103 LOGISTICS & TRANSPORTATION: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
             11.4.2 POSTAL & PACKAGE DELIVERY
             11.4.3 HEALTHCARE & PHARMACY DELIVERY
             11.4.4 RETAIL & FOOD DELIVERY
     11.5 ENERGY & POWER 
             11.5.1 NEED FOR REAL-TIME DATA AND MAINTENANCE SURVEILLANCE FOR POWER INFRASTRUCTURE TO DRIVE MARKET
                        TABLE 104 ENERGY & POWER: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                        TABLE 105 ENERGY & POWER: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
             11.5.2 POWER GENERATION
             11.5.3 OIL & GAS
     11.6 CONSTRUCTION & MINING 
             11.6.1 INCREASING AVAILABILITY OF APPLICATION-SPECIFIC DRONES TO DRIVE MARKET
     11.7 MEDIA & ENTERTAINMENT 
             11.7.1 INCREASING ADOPTION BY AMATEUR PHOTOGRAPHERS AND FILM INDUSTRY TO DRIVE MARKET
     11.8 INSURANCE 
             11.8.1 NEED TO MONITOR DISASTER-PRONE AREAS AND GATHER DATA FOR GIVING ACCURATE QUOTES TO DRIVE MARKET
     11.9 WILDLIFE & FORESTRY 
             11.9.1 GROWING DEMAND FOR CONSERVATION AND RESOURCE MANAGEMENT TO DRIVE MARKET
     11.1 ACADEMICS 
             11.10.1 AVAILABILITY OF VARIETY OF INSTRUMENTS TO DRIVE MARKET
 
12 UAV MARKET, BY APPLICATION (Page No. - 209)
     12.1 INTRODUCTION 
             TABLE 106 UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2020–2023
             TABLE 107 UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2024–2029
             TABLE 108 UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
             TABLE 109 UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
     12.2 MILITARY 
             12.2.1 EXECUTION OF HIGH-PROFILE MILITARY OR COMBAT MISSIONS TO DRIVE MARKET
                        TABLE 110 MILITARY: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                        TABLE 111 MILITARY: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
             12.2.2 INTELLIGENCE, SURVEILLANCE, AND RECONNAISSANCE (ISR)
             12.2.3 COMBAT OPERATIONS
                        TABLE 112 COMBAT OPERATIONS: MILITARY DRONE MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 113 COMBAT OPERATIONS: MILITARY DRONE MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        12.2.3.1 Lethal
                        12.2.3.2 Stealth
                        12.2.3.3 Loitering munition
                        12.2.3.4 Target
             12.2.4 DELIVERY
     12.3 COMMERCIAL 
             12.3.1 INTEGRATION OF VARIOUS FEATURES IN DRONES TO DRIVE MARKET
                        TABLE 114 COMMERCIAL: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                        TABLE 115 COMMERCIAL: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
             12.3.2 REMOTE SENSING
             12.3.3 INSPECTION & MONITORING
             12.3.4 PRODUCT DELIVERY
             12.3.5 SURVEYING & MAPPING
             12.3.6 AERIAL IMAGING
             12.3.7 INDUSTRIAL WAREHOUSING
             12.3.8 PASSENGER & PUBLIC TRANSPORTATION
             12.3.9 OTHERS
     12.4 GOVERNMENT & LAW ENFORCEMENT 
             12.4.1 ADOPTION OF UAVS FOR HOMELAND SECURITY TO DRIVE MARKET
                        TABLE 116 GOVERNMENT & LAW ENFORCEMENT: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                        TABLE 117 GOVERNMENT & LAW ENFORCEMENT: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
             12.4.2 BORDER MANAGEMENT
             12.4.3 TRAFFIC MONITORING
             12.4.4 FIREFIGHTING & DISASTER MANAGEMENT
             12.4.5 SEARCH & RESCUE
             12.4.6 POLICE OPERATIONS & INVESTIGATION
             12.4.7 MARITIME SECURITY
     12.5 CONSUMER 
             12.5.1 GROWING USE OF UAVS FOR RECREATIONAL ACTIVITIES TO DRIVE MARKET
                        TABLE 118 CONSUMER: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                        TABLE 119 CONSUMER: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
             12.5.2 PROSUMERS
             12.5.3 HOBBYISTS
 
13 UAV MARKET, BY RANGE (Page No. - 222)
     13.1 INTRODUCTION 
             FIGURE 63 BVLOS SEGMENT TO LEAD UAV MARKET FROM 2024 TO 2029
             TABLE 120 UAV MARKET, BY RANGE, 2020–2023 (USD MILLION)
             TABLE 121 UAV MARKET, BY RANGE, 2024–2029 (USD MILLION)
     13.2 VISUAL LINE OF SIGHT (VLOS) 
             13.2.1 EASE OF USE AND COST-EFFECTIVENESS TO DRIVE MARKET
     13.3 EXTENDED VISUAL LINE OF SIGHT (EVLOS) 
             13.3.1 INCREASING APPLICATIONS IN COMMERCIAL AND MILITARY SEGMENTS TO DRIVE MARKET
     13.4 BEYOND VISUAL LINE OF SIGHT (BVLOS) 
             13.4.1 INCREASED DEPLOYMENT FOR MILITARY OPERATIONS
 
14 UAV MARKET, BY MODE OF OPERATION (Page No. - 226)
     14.1 INTRODUCTION 
             FIGURE 64 OPTIONALLY PILOTED SEGMENT TO ACCOUNT FOR LARGEST SHARE OF UAV MARKET FROM 2024 TO 2029
             TABLE 122 UAV MARKET, BY MODE OF OPERATION, 2020–2023 (USD MILLION)
             TABLE 123 UAV MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
     14.2 REMOTELY PILOTED 
             14.2.1 AFFORDABLE MANUFACTURING TO DRIVE MARKET
     14.3 OPTIONALLY PILOTED 
             14.3.1 EXTENSIVE USE IN MILITARY AND COMMERCIAL APPLICATIONS TO DRIVE MARKET
     14.4 FULLY AUTONOMOUS 
             14.4.1 HUGE DEMAND FOR MILITARY APPLICATIONS TO DRIVE MARKET
 
15 UAV MARKET, BY TYPE (Page No. - 230)
     15.1 INTRODUCTION 
             FIGURE 65 FIXED WING SEGMENT TO LEAD UAV MARKET FROM 2024 TO 2029
             TABLE 124 UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
             TABLE 125 UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
     15.2 FIXED WING 
             15.2.1 LONG-RANGE CAPABILITIES TO DRIVE MARKET
                        FIGURE 66 CTOL SEGMENT TO LEAD FIXED-WING UAV MARKET FROM 2024 TO 2029
                        TABLE 126 FIXED-WING UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 127 FIXED-WING UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
             15.2.2 CTOL
             15.2.3 VTOL
     15.3 ROTARY WING 
             15.3.1 LEADING INNOVATORS IN MULTIROTOR UAVS USED IN DEFENSE, COMMERCIAL, AND INDUSTRIAL SECTORS TO DRIVE MARKET
                        FIGURE 67 MULTIROTOR SEGMENT TO LEAD ROTARY-WING UAV MARKET FROM 2024 TO 2029
                        TABLE 128 ROTARY-WING UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 129 ROTARY WING UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        15.3.1.1 Single rotor
                        15.3.1.2 Multirotor
                                     FIGURE 68 QUADCOPTER SEGMENT TO LEAD MULTIROTOR UAV MARKET FROM 2024 TO 2029
                                     TABLE 130 MULTIROTOR UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                                     TABLE 131 MULTIROTOR UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        15.3.1.3 Bicopter
                        15.3.1.4 Tricopter
                        15.3.1.5 Quadcopter
                        15.3.1.6 Hexacopter
                        15.3.1.7 Octocopter
     15.4 HYBRID WING 
             15.4.1 INNOVATION IN HYBRID DRONE TECHNOLOGY TO DRIVE MARKET
 
16 UAV MARKET, BY MTOW (Page No. - 238)
     16.1 INTRODUCTION 
             FIGURE 69 <25 KILOGRAMS MTOW SEGMENT TO LEAD UAV MARKET FROM 2024 TO 2029
             TABLE 132 UAV MARKET, BY MTOW, 2020–2023 (USD MILLION)
             TABLE 133 UAV MARKET, BY MTOW, 2024–2029 (USD MILLION)
     16.2 <25 KILOGRAMS 
             16.2.1 COMMERCIAL APPLICATIONS TO DRIVE MARKET
     16.3 25–170 KILOGRAMS 
             16.3.1 MILITARY APPLICATIONS TO DRIVE MARKET
     16.4 >170 KILOGRAMS 
             16.4.1 HIGH DEFENSE EXPENDITURE WORLDWIDE TO DRIVE MARKET
 
17 UAV MARKET, BY REGION (Page No. - 241)
     17.1 INTRODUCTION 
     17.2 REGIONAL RECESSION IMPACT ANALYSIS 
             TABLE 134 RECESSION IMPACT ANALYSIS
             FIGURE 70 NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE OF UAV MARKET IN 2024
             TABLE 135 UAV MARKET, BY REGION, 2020–2023 (USD MILLION)
             TABLE 136 UAV MARKET, BY REGION, 2024–2029 (USD MILLION)
     17.3 NORTH AMERICA 
             17.3.1 RECESSION IMPACT ANALYSIS
             17.3.2 PESTLE ANALYSIS
                        FIGURE 71 NORTH AMERICA: UAV MARKET SNAPSHOT
                        FIGURE 72 NORTH AMERICA: UAV VOLUME BY APPLICATION (IN UNITS)
                        TABLE 137 NORTH AMERICA: UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2020–2023
                        TABLE 138 NORTH AMERICA: UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2024–2029
                        TABLE 139 NORTH AMERICA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                        TABLE 140 NORTH AMERICA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                        TABLE 141 NORTH AMERICA: CIVIL & COMMERCIAL UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 142 NORTH AMERICA: CIVIL & COMMERCIAL UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        TABLE 143 NORTH AMERICA: DEFENSE & GOVERNMENT UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 144 NORTH AMERICA: DEFENSE & GOVERNMENT UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        TABLE 145 NORTH AMERICA: UAV MARKET, BY FUNCTION, 2020–2023 (USD MILLION)
                        TABLE 146 NORTH AMERICA: UAV MARKET, BY FUNCTION, 2024–2029 (USD MILLION)
                        TABLE 147 NORTH AMERICA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                        TABLE 148 NORTH AMERICA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                        TABLE 149 NORTH AMERICA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 150 NORTH AMERICA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        TABLE 151 NORTH AMERICA: UAV MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
                        TABLE 152 NORTH AMERICA: UAV MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
             17.3.3 US
                        17.3.3.1 Constant innovation and heavy investment in advanced drone technology to drive the market
                                     TABLE 153 US: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                                     TABLE 154 US: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                                     TABLE 155 US: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 156 US: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                                     TABLE 157 US: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                                     TABLE 158 US: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
             17.3.4 CANADA
                        17.3.4.1 Increasing procurement of military UAVs to drive market
                                     TABLE 159 CANADA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                                     TABLE 160 CANADA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                                     TABLE 161 CANADA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 162 CANADA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                                     TABLE 163 CANADA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                                     TABLE 164 CANADA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
     17.4 ASIA PACIFIC 
             17.4.1 PESTLE ANALYSIS
             17.4.2 RECESSION IMPACT ANALYSIS
                        FIGURE 73 ASIA PACIFIC: UAV MARKET SNAPSHOT
                        FIGURE 74 ASIA PACIFIC: UAV VOLUME BY APPLICATION (IN UNITS)
                        TABLE 165 ASIA PACIFIC: UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2020–2023
                        TABLE 166 ASIA PACIFIC: UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2024–2029
                        TABLE 167 ASIA PACIFIC: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                        TABLE 168 ASIA PACIFIC: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                        TABLE 169 ASIA PACIFIC: CIVIL & COMMERCIAL UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 170 ASIA PACIFIC: CIVIL & COMMERCIAL UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        TABLE 171 ASIA PACIFIC: DEFENSE & GOVERNMENT UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 172 ASIA PACIFIC: DEFENSE & GOVERNMENT UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        TABLE 173 ASIA PACIFIC: UAV MARKET, BY FUNCTION, 2020–2023 (USD MILLION)
                        TABLE 174 ASIA PACIFIC: UAV MARKET, BY FUNCTION, 2024–2029 (USD MILLION)
                        TABLE 175 ASIA PACIFIC: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                        TABLE 176 ASIA PACIFIC: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                        TABLE 177 ASIA PACIFIC: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 178 ASIA PACIFIC: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        TABLE 179 ASIA PACIFIC: UAV MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
                        TABLE 180 ASIA PACIFIC: UAV MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
             17.4.3 CHINA
                        17.4.3.1 Constant innovations in drone technology to drive market
                                     TABLE 181 CHINA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                                     TABLE 182 CHINA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                                     TABLE 183 CHINA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 184 CHINA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                                     TABLE 185 CHINA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                                     TABLE 186 CHINA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
             17.4.4 INDIA
                        17.4.4.1 Development of advanced weaponry to improve border security to drive market
                                     TABLE 187 INDIA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                                     TABLE 188 INDIA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                                     TABLE 189 INDIA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 190 INDIA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                                     TABLE 191 INDIA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                                     TABLE 192 INDIA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
             17.4.5 JAPAN
                        17.4.5.1 Modernization in drone designs to drive market
                                     TABLE 193 JAPAN: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                                     TABLE 194 JAPAN: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                                     TABLE 195 JAPAN: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 196 JAPAN: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                                     TABLE 197 JAPAN: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                                     TABLE 198 JAPAN: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
             17.4.6 AUSTRALIA
                        17.4.6.1 Increasing adoption of UAVs for commercial applications to drive market
                                     TABLE 199 AUSTRALIA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                                     TABLE 200 AUSTRALIA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                                     TABLE 201 AUSTRALIA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 202 AUSTRALIA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                                     TABLE 203 AUSTRALIA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                                     TABLE 204 AUSTRALIA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
             17.4.7 SOUTH KOREA
                        17.4.7.1 Innovations in UAVs and increase in defense spending to drive market
                                     TABLE 205 SOUTH KOREA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                                     TABLE 206 SOUTH KOREA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                                     TABLE 207 SOUTH KOREA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 208 SOUTH KOREA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                                     TABLE 209 SOUTH KOREA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                                     TABLE 210 SOUTH KOREA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
             17.4.8 REST OF ASIA PACIFIC
                        TABLE 211 REST OF ASIA PACIFIC: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                        TABLE 212 REST OF ASIA PACIFIC: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                        TABLE 213 REST OF ASIA PACIFIC: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                        TABLE 214 REST OF ASIA PACIFIC: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                        TABLE 215 REST OF ASIA PACIFIC: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 216 REST OF ASIA PACIFIC: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
     17.5 EUROPE 
             17.5.1 PESTLE ANALYSIS
             17.5.2 RECESSION IMPACT ANALYSIS
                        FIGURE 75 EUROPE: UAV MARKET SNAPSHOT
                        FIGURE 76 EUROPE: UAV VOLUME BY APPLICATION (IN UNITS)
                        TABLE 217 EUROPE: UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2020–2023
                        TABLE 218 EUROPE: UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2024–2029
                        TABLE 219 EUROPE: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                        TABLE 220 EUROPE: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                        TABLE 221 EUROPE: CIVIL & COMMERCIAL UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 222 EUROPE: CIVIL & COMMERCIAL UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        TABLE 223 EUROPE: DEFENSE & GOVERNMENT UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 224 EUROPE: DEFENSE & GOVERNMENT UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        TABLE 225 EUROPE: UAV MARKET, BY FUNCTION, 2020–2023 (USD MILLION)
                        TABLE 226 EUROPE: UAV MARKET, BY FUNCTION, 2024–2029 (USD MILLION)
                        TABLE 227 EUROPE: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                        TABLE 228 EUROPE: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                        TABLE 229 EUROPE: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 230 EUROPE: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        TABLE 231 EUROPE: UAV MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
                        TABLE 232 EUROPE: UAV MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
             17.5.3 UK
                        17.5.3.1 Continuous technological advancement in UAVs to drive market
                                     TABLE 233 UK: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                                     TABLE 234 UK: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                                     TABLE 235 UK: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 236 UK: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                                     TABLE 237 UK: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                                     TABLE 238 UK: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
             17.5.4 GERMANY
                        17.5.4.1 Government funding and UAV contracts to drive market
                                     TABLE 239 GERMANY: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                                     TABLE 240 GERMANY: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                                     TABLE 241 GERMANY: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 242 GERMANY: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                                     TABLE 243 GERMANY: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                                     TABLE 244 GERMANY: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
             17.5.5 FRANCE
                        17.5.5.1 Government initiatives boosting UAV use for civil and commercial applications to drive market
                                     TABLE 245 FRANCE: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                                     TABLE 246 FRANCE: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                                     TABLE 247 FRANCE: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 248 FRANCE: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                                     TABLE 249 FRANCE: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                                     TABLE 250 FRANCE: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
             17.5.6 ITALY
                        17.5.6.1 Growing demand for drones from healthcare industry to drive market
                                     TABLE 251 ITALY: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                                     TABLE 252 ITALY: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                                     TABLE 253 ITALY: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 254 ITALY: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                                     TABLE 255 ITALY: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                                     TABLE 256 ITALY: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
             17.5.7 RUSSIA
                        17.5.7.1 Growing focus on enhancing military capabilities to drive market
                                     TABLE 257 RUSSIA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                                     TABLE 258 RUSSIA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                                     TABLE 259 RUSSIA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 260 RUSSIA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                                     TABLE 261 RUSSIA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                                     TABLE 262 RUSSIA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
             17.5.8 SWEDEN
                        17.5.8.1 Increasing deployment for national security forces to drive market
                                     TABLE 263 SWEDEN: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                                     TABLE 264 SWEDEN: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                                     TABLE 265 SWEDEN: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 266 SWEDEN: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                                     TABLE 267 SWEDEN: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                                     TABLE 268 SWEDEN: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
             17.5.9 REST OF EUROPE
                        TABLE 269 REST OF EUROPE: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                        TABLE 270 REST OF EUROPE: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                        TABLE 271 REST OF EUROPE: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                        TABLE 272 REST OF EUROPE: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                        TABLE 273 REST OF EUROPE: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 274 REST OF EUROPE: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
     17.6 LATIN AMERICA 
             17.6.1 PESTLE ANALYSIS
             17.6.2 RECESSION IMPACT ANALYSIS
                        FIGURE 77 LATIN AMERICA: UAV MARKET SNAPSHOT
                        FIGURE 78 LATIN AMERICA: UAV VOLUME BY APPLICATION (IN UNITS)
                        TABLE 275 LATIN AMERICA: UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2020–2023
                        TABLE 276 LATIN AMERICA: UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2024–2029
                        TABLE 277 LATIN AMERICA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                        TABLE 278 LATIN AMERICA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                        TABLE 279 LATIN AMERICA: CIVIL & COMMERCIAL UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 280 LATIN AMERICA: CIVIL & COMMERCIAL UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        TABLE 281 LATIN AMERICA: DEFENSE & GOVERNMENT UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 282 LATIN AMERICA: DEFENSE & GOVERNMENT UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        TABLE 283 LATIN AMERICA: UAV MARKET, BY FUNCTION, 2020–2023 (USD MILLION)
                        TABLE 284 LATIN AMERICA: UAV MARKET, BY FUNCTION, 2024–2029 (USD MILLION)
                        TABLE 285 LATIN AMERICA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                        TABLE 286 LATIN AMERICA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                        TABLE 287 LATIN AMERICA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 288 LATIN AMERICA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        TABLE 289 LATIN AMERICA: UAV MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
                        TABLE 290 LATIN AMERICA: UAV MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
             17.6.3 BRAZIL
                        17.6.3.1 Increasing procurement of UAVs for safety, security, and advanced intelligence missions to drive market
                                     TABLE 291 BRAZIL: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                                     TABLE 292 BRAZIL: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                                     TABLE 293 BRAZIL: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 294 BRAZIL: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                                     TABLE 295 BRAZIL: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                                     TABLE 296 BRAZIL: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
             17.6.4 MEXICO
                        17.6.4.1 Growing focus on developing drones for monitoring and curbing forest fires to drive market
                                     TABLE 297 MEXICO: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                                     TABLE 298 MEXICO: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                                     TABLE 299 MEXICO: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 300 MEXICO: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                                     TABLE 301 MEXICO: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                                     TABLE 302 MEXICO: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
             17.6.5 ARGENTINA
                        17.6.5.1 Relaxation of UAV regulations to drive market
                                     TABLE 303 ARGENTINA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                                     TABLE 304 ARGENTINA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                                     TABLE 305 ARGENTINA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 306 ARGENTINA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                                     TABLE 307 ARGENTINA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                                     TABLE 308 ARGENTINA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
             17.6.6 REST OF LATIN AMERICA
                        TABLE 309 REST OF LATIN AMERICA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                        TABLE 310 REST OF LATIN AMERICA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                        TABLE 311 REST OF LATIN AMERICA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                        TABLE 312 REST OF LATIN AMERICA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                        TABLE 313 REST OF LATIN AMERICA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 314 REST OF LATIN AMERICA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
     17.7 MIDDLE EAST 
             17.7.1 PESTLE ANALYSIS
             17.7.2 RECESSION IMPACT ANALYSIS
                        FIGURE 79 MIDDLE EAST: UAV MARKET SNAPSHOT
                        FIGURE 80 MIDDLE EAST: UAV VOLUME BY APPLICATION (IN UNITS)
                        TABLE 315 MIDDLE EAST: UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2020–2023
                        TABLE 316 MIDDLE EAST: UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2024–2029
                        TABLE 317 MIDDLE EAST: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                        TABLE 318 MIDDLE EAST: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                        TABLE 319 MIDDLE EAST: CIVIL & COMMERCIAL UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 320 MIDDLE EAST: CIVIL & COMMERCIAL UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        TABLE 321 MIDDLE EAST: DEFENSE & GOVERNMENT UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 322 MIDDLE EAST: DEFENSE & GOVERNMENT UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        TABLE 323 MIDDLE EAST: UAV MARKET, BY FUNCTION, 2020–2023 (USD MILLION)
                        TABLE 324 MIDDLE EAST: UAV MARKET, BY FUNCTION, 2024–2029 (USD MILLION)
                        TABLE 325 MIDDLE EAST: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                        TABLE 326 MIDDLE EAST: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                        TABLE 327 MIDDLE EAST: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 328 MIDDLE EAST: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        TABLE 329 MIDDLE EAST: UAV MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
                        TABLE 330 MIDDLE EAST: UAV MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
             17.7.3 GCC COUNTRIES
                        17.7.3.1 UAE
                                     17.7.3.1.1 Increasing procurement of drones to drive market
                                                    TABLE 331 UAE: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                                                    TABLE 332 UAE: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                                                    TABLE 333 UAE: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                                    TABLE 334 UAE: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                                                    TABLE 335 UAE: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                                                    TABLE 336 UAE: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        17.7.3.2 Saudi Arabia
                                     17.7.3.2.1 Rising adoption of UAVs for military applications to drive market
                                                    TABLE 337 SAUDI ARABIA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                                                    TABLE 338 SAUDI ARABIA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                                                    TABLE 339 SAUDI ARABIA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                                    TABLE 340 SAUDI ARABIA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                                                    TABLE 341 SAUDI ARABIA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                                                    TABLE 342 SAUDI ARABIA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
             17.7.4 ISRAEL
                        17.7.4.1 Increasing use of small drones in ISR applications to drive market
                                     TABLE 343 ISRAEL: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                                     TABLE 344 ISRAEL: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                                     TABLE 345 ISRAEL: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 346 ISRAEL: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                                     TABLE 347 ISRAEL: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                                     TABLE 348 ISRAEL: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
             17.7.5 TURKEY
                        17.7.5.1 Growing demand for UAVs and subsystems by defense forces to drive market
                                     TABLE 349 TURKEY: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                                     TABLE 350 TURKEY: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                                     TABLE 351 TURKEY: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 352 TURKEY: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                                     TABLE 353 TURKEY: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                                     TABLE 354 TURKEY: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
             17.7.6 REST OF MIDDLE EAST
                        TABLE 355 REST OF MIDDLE EAST: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                        TABLE 356 REST OF MIDDLE EAST: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                        TABLE 357 REST OF MIDDLE EAST: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                        TABLE 358 REST OF MIDDLE EAST: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                        TABLE 359 REST OF MIDDLE EAST: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 360 REST OF MIDDLE EAST: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
     17.8 AFRICA 
             17.8.1 PESTLE ANALYSIS
             17.8.2 RECESSION IMPACT ANALYSIS
                        FIGURE 81 AFRICA: UAV MARKET SNAPSHOT
                        FIGURE 82 AFRICA: UAV MARKET VOLUME, BY APPLICATION ( IN UNITS)
                        TABLE 361 AFRICA: UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2020–2023
                        TABLE 362 AFRICA: UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2024–2029
                        TABLE 363 AFRICA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                        TABLE 364 AFRICA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                        TABLE 365 AFRICA: CIVIL & COMMERCIAL UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 366 AFRICA: CIVIL & COMMERCIAL UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        TABLE 367 AFRICA: DEFENSE & GOVERNMENT UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 368 AFRICA: DEFENSE & GOVERNMENT UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        TABLE 369 AFRICA: UAV MARKET, BY FUNCTION, 2020–2023 (USD MILLION)
                        TABLE 370 AFRICA: UAV MARKET, BY FUNCTION, 2024–2029 (USD MILLION)
                        TABLE 371 AFRICA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                        TABLE 372 AFRICA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                        TABLE 373 AFRICA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 374 AFRICA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        TABLE 375 AFRICA: UAV MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
                        TABLE 376 AFRICA: UAV MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
             17.8.3 SOUTH AFRICA
                        17.8.3.1 Increasing number of UAV contracts to drive market
                                     TABLE 377 SOUTH AFRICA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                                     TABLE 378 SOUTH AFRICA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                                     TABLE 379 SOUTH AFRICA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 380 SOUTH AFRICA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                                     TABLE 381 SOUTH AFRICA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                                     TABLE 382 SOUTH AFRICA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
             17.8.4 NIGERIA
                        17.8.4.1 Growing use of UAVs in military applications to drive market
                                     TABLE 383 NIGERIA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                                     TABLE 384 NIGERIA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                                     TABLE 385 NIGERIA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                                     TABLE 386 NIGERIA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                                     TABLE 387 NIGERIA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                                     TABLE 388 NIGERIA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
             17.8.5 REST OF AFRICA
                        TABLE 389 REST OF AFRICA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
                        TABLE 390 REST OF AFRICA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
                        TABLE 391 REST OF AFRICA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
                        TABLE 392 REST OF AFRICA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
                        TABLE 393 REST OF AFRICA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 394 REST OF AFRICA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
18 COMPETITIVE LANDSCAPE (Page No. - 341)
     18.1 INTRODUCTION 
     18.2 STRATEGIES ADOPTED BY KEY PLAYERS 
             TABLE 395 STRATEGIES ADOPTED BY KEY PLAYERS, 2023
     18.3 MARKET RANKING ANALYSIS 
             FIGURE 83 MARKET RANKING OF KEY PLAYERS FOR CIVIL & COMMERCIAL PLATFORM, 2023
             FIGURE 84 MARKET RANKING OF KEY PLAYERS FOR DEFENSE & GOVERNMENT PLATFORM, 2023
     18.4 REVENUE ANALYSIS 
             FIGURE 85 REVENUE ANALYSIS OF TOP 5 PLAYERS, 2019–2023
     18.5 MARKET SHARE ANALYSIS 
             FIGURE 86 MARKET SHARE ANALYSIS OF KEY PLAYERS, 2023
             TABLE 396 UAV MARKET: DEGREE OF COMPETITION
     18.6 COMPANY EVALUATION MATRIX 
             18.6.1 STARS
             18.6.2 EMERGING LEADERS
             18.6.3 PERVASIVE PLAYERS
             18.6.4 PARTICIPANTS
                        FIGURE 87 COMPANY EVALUATION MATRIX, 2023
             18.6.5 COMPANY FOOTPRINT
                        FIGURE 88 UAV MARKET: COMPANY FOOTPRINT
                        TABLE 397 UAV MARKET: APPLICATION FOOTPRINT
                        TABLE 398 UAV MARKET: TYPE FOOTPRINT
                        TABLE 399 UAV MARKET: PLATFORM FOOTPRINT
                        TABLE 400 UAV MARKET: POINT OF SALE FOOTPRINT
                        TABLE 401 UAV MARKET: REGION FOOTPRINT
     18.7 START-UP/SME EVALUATION MATRIX 
             18.7.1 PROGRESSIVE COMPANIES
             18.7.2 RESPONSIVE COMPANIES
             18.7.3 DYNAMIC COMPANIES
             18.7.4 STARTING BLOCKS
                        FIGURE 89 START-UP/SME EVALUATION MATRIX, 2023
             18.7.5 COMPETITIVE BENCHMARKING
                        TABLE 402 KEY START-UPS/SMES
                        TABLE 403 UAV MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
     18.8 COMPANY VALUATION 
             FIGURE 90 VALUATION OF PROMINENT MARKET PLAYERS, 2023
     18.9 FINANCIAL METRICS 
             FIGURE 91 FINANCIAL METRICS OF PROMINENT MARKET PLAYERS
     18.1 BRAND COMPARISON 
     18.11 COMPETITIVE SCENARIOS AND TRENDS 
             18.11.1 PRODUCT LAUNCHES
                        TABLE 404 PRODUCT LAUNCHES, OCTOBER 2020–SEPTEMBER 2023
             18.11.2 DEALS
                        TABLE 405 DEALS, JANUARY 2020–APRIL 2024
             18.11.3 OTHER DEVELOPMENTS
                        TABLE 406 OTHER DEVELOPMENTS, JANUARY 2020–FEBRUARY 2024
 
19 COMPANY PROFILES (Page No. - 374)
     19.1 KEY PLAYERS 
(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.
                        TABLE 407 SZ DJI TECHNOLOGY CO., LTD.: COMPANY OVERVIEW
                        TABLE 408 SZ DJI TECHNOLOGY CO., LTD.: PRODUCTS OFFERED
                        TABLE 409 SZ DJI TECHNOLOGY CO., LTD.: PRODUCT LAUNCHES
                        TABLE 410 SZ DJI TECHNOLOGY CO., LTD.: DEALS
             19.1.2 NORTHROP GRUMMAN CORPORATION
                        TABLE 411 NORTHROP GRUMMAN CORPORATION: COMPANY OVERVIEW
                        FIGURE 92 NORTHROP GRUMMAN CORPORATION: COMPANY SNAPSHOT
                        TABLE 412 NORTHROP GRUMMAN CORPORATION: PRODUCTS OFFERED
                        TABLE 413 NORTHROP GRUMMAN CORPORATION: DEALS
                        TABLE 414 NORTHROP GRUMMAN CORPORATION: OTHER DEVELOPMENTS
             19.1.3 ISRAEL AEROSPACE INDUSTRIES LTD.
                        TABLE 415 ISRAEL AEROSPACE INDUSTRIES LTD.: COMPANY OVERVIEW
                        FIGURE 93 ISRAEL AEROSPACE INDUSTRIES LTD.: COMPANY SNAPSHOT
                        TABLE 416 ISRAEL AEROSPACE INDUSTRIES LTD.: PRODUCTS OFFERED
                        TABLE 417 ISRAEL AEROSPACE INDUSTRIES LTD.: PRODUCT LAUNCHES
                        TABLE 418 ISRAEL AEROSPACE INDUSTRIES LTD.: DEALS
                        TABLE 419 ISRAEL AEROSPACE INDUSTRIES LTD.: OTHER DEVELOPMENTS
             19.1.4 TELEDYNE FLIR LLC
                        TABLE 420 TELEDYNE FLIR LLC: COMPANY OVERVIEW
                        FIGURE 94 TELEDYNE FLIR LLC: COMPANY SNAPSHOT
                        TABLE 421 TELEDYNE FLIR LLC: PRODUCTS OFFERED
                        TABLE 422 TELEDYNE FLIR LLC: PRODUCT LAUNCHES
                        TABLE 423 TELEDYNE FLIR LLC : DEALS
                        TABLE 424 TELEDYNE FLIR LLC: OTHER DEVELOPMENTS
             19.1.5 GENERAL ATOMICS AERONAUTICAL SYSTEMS
                        TABLE 425 GENERAL ATOMICS AERONAUTICAL SYSTEMS: COMPANY OVERVIEW
                        TABLE 426 GENERAL ATOMICS AERONAUTICAL SYSTEMS: PRODUCTS OFFERED
                        TABLE 427 GENERAL ATOMICS AERONAUTICAL SYSTEMS: PRODUCT LAUNCHES
                        TABLE 428 GENERAL ATOMICS AERONAUTICAL SYSTEMS: DEALS
                        TABLE 429 GENERAL ATOMICS AERONAUTICAL SYSTEMS: OTHER DEVELOPMENTS
             19.1.6 RAYTHEON TECHNOLOGIES CORPORATION
                        TABLE 430 RAYTHEON TECHNOLOGIES CORPORATION: COMPANY OVERVIEW
                        FIGURE 95 RAYTHEON TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT
                        TABLE 431 RAYTHEON TECHNOLOGIES CORPORATION: PRODUCTS OFFERED
                        TABLE 432 RAYTHEON TECHNOLOGIES CORPORATION: OTHER DEVELOPMENTS
             19.1.7 PARROT DRONE SAS
                        TABLE 433 PARROT DRONE SAS: COMPANY OVERVIEW
                        FIGURE 96 PARROT DRONE SAS: COMPANY SNAPSHOT
                        TABLE 434 PARROT DRONE SAS: PRODUCTS OFFERED
                        TABLE 435 PARROT DRONE SAS: DEALS
                        TABLE 436 PARROT DRONE SAS: OTHER DEVELOPMENTS
             19.1.8 YUNEEC HOLDING LTD.
                        TABLE 437 YUNEEC HOLDING LTD.: COMPANY OVERVIEW
                        TABLE 438 YUNEEC HOLDING LTD.: PRODUCTS OFFERED
                        TABLE 439 YUNEEC HOLDING LTD.: DEALS
             19.1.9 EHANG HOLDINGS LIMITED
                        TABLE 440 EHANG HOLDINGS LIMITED: COMPANY OVERVIEW
                        FIGURE 97 EHANG HOLDINGS LIMITED: COMPANY SNAPSHOT
                        TABLE 441 EHANG HOLDINGS LIMITED: PRODUCTS OFFERED
                        TABLE 442 EHANG HOLDINGS LIMITED: PRODUCT LAUNCHES
                        TABLE 443 EHANG HOLDINGS LIMITED: DEALS
                        TABLE 444 EHANG HOLDINGS LIMITED: OTHER DEVELOPMENTS
                        TABLE 445 EHANG HOLDINGS LIMITED: EXPANSIONS
             19.1.10 LOCKHEED MARTIN CORPORATION
                        TABLE 446 LOCKHEED MARTIN CORPORATION: COMPANY OVERVIEW
                        FIGURE 98 LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT
                        TABLE 447 LOCKHEED MARTIN CORPORATION: PRODUCTS OFFERED
                        TABLE 448 LOCKHEED MARTIN CORPORATION: OTHER DEVELOPMENTS
             19.1.11 THE BOEING COMPANY
                        TABLE 449 THE BOEING COMPANY: COMPANY OVERVIEW
                        FIGURE 99 THE BOEING COMPANY: COMPANY SNAPSHOT
                        TABLE 450 THE BOEING COMPANY: PRODUCTS OFFERED
                        TABLE 451 THE BOEING COMPANY: PRODUCT LAUNCHES
                        TABLE 452 THE BOEING COMPANY: DEALS
                        TABLE 453 THE BOEING COMPANY: OTHER DEVELOPMENTS
             19.1.12 AEROVIRONMENT, INC.
                        TABLE 454 AEROVIRONMENT, INC.: COMPANY OVERVIEW
                        FIGURE 100 AEROVIRONMENT, INC.: COMPANY SNAPSHOT
                        TABLE 455 AEROVIRONMENT, INC.: PRODUCTS OFFERED
                        TABLE 456 AEROVIRONMENT, INC.: PRODUCT LAUNCHES
                        TABLE 457 AEROVIRONMENT, INC.: DEALS
                        TABLE 458 AEROVIRONMENT, INC.: OTHER DEVELOPMENTS
             19.1.13 TEXTRON INC.
                        TABLE 459 TEXTRON INC.: COMPANY OVERVIEW
                        FIGURE 101 TEXTRON INC.: COMPANY SNAPSHOT
                        TABLE 460 TEXTRON INC.: PRODUCTS OFFERED
                        TABLE 461 TEXTRON INC.: PRODUCT LAUNCHES
                        TABLE 462 TEXTRON INC.: OTHER DEVELOPMENTS
             19.1.14 BAE SYSTEMS PLC
                        TABLE 463 BAE SYSTEMS PLC: COMPANY OVERVIEW
                        FIGURE 102 BAE SYSTEMS PLC: COMPANY SNAPSHOT
                        TABLE 464 BAE SYSTEMS PLC: PRODUCTS OFFERED
                        TABLE 465 BAE SYSTEMS PLC: PRODUCT LAUNCHES
                        TABLE 466 BAE SYSTEMS PLC: DEALS
                        TABLE 467 BAE SYSTEMS PLC: OTHER DEVELOPMENTS
             19.1.15 THALES GROUP
                        TABLE 468 THALES GROUP: COMPANY OVERVIEW
                        FIGURE 103 THALES GROUP: COMPANY SNAPSHOT
                        TABLE 469 THALES GROUP: PRODUCTS OFFERED
                        TABLE 470 THALES GROUP: DEALS
                        TABLE 471 THALES GROUP: OTHER DEVELOPMENTS
             19.1.16 ELBIT SYSTEMS LTD.
                        TABLE 472 ELBIT SYSTEMS LTD.: COMPANY OVERVIEW
                        FIGURE 104 ELBIT SYSTEMS LTD.: COMPANY SNAPSHOT
                        TABLE 473 ELBIT SYSTEMS LTD.: PRODUCTS OFFERED
                        TABLE 474 ELBIT SYSTEMS LTD.: PRODUCT LAUNCHES
                        TABLE 475 ELBIT SYSTEMS LTD.: DEALS
                        TABLE 476 ELBIT SYSTEMS LTD.: OTHER DEVELOPMENTS
             19.1.17 AERONAUTICS LTD
                        TABLE 477 AERONAUTICS LTD: COMPANY OVERVIEW
                        TABLE 478 AERONAUTICS LTD: PRODUCTS OFFERED
                        TABLE 479 AERONAUTICS LTD: OTHER DEVELOPMENTS
             19.1.18 SKYDIO, INC.
                        TABLE 480 SKYDIO, INC.: COMPANY OVERVIEW
                        TABLE 481 SKYDIO, INC.: PRODUCTS OFFERED
                        TABLE 482 SKYDIO, INC.: OTHER DEVELOPMENTS
             19.1.19 XAG CO., LTD.
                        TABLE 483 XAG CO., LTD.: COMPANY OVERVIEW
                        TABLE 484 XAG CO., LTD.: PRODUCTS OFFERED
                        TABLE 485 XAG CO., LTD.: PRODUCT LAUNCHES
             19.1.20 CHENGDU JOUAV AUTOMATION TECH CO., LTD
                        TABLE 486 CHENGDU JOUAV AUTOMATION TECH CO., LTD: COMPANY OVERVIEW
                        FIGURE 105 CHENGDU JOUAV AUTOMATION TECH CO., LTD: COMPANY SNAPSHOT
                        TABLE 487 CHENGDU JOUAV AUTOMATION TECH CO., LTD: PRODUCTS OFFERED
                        TABLE 488 CHENGDU JOUAV AUTOMATION TECH CO., LTD: PRODUCT LAUNCHES
                        TABLE 489 CHENGDU JOUAV AUTOMATION TECH CO., LTD: EXPANSIONS
             19.1.21 LEONARDO S.P.A.
                        TABLE 490 LEONARDO S.P.A.: COMPANY OVERVIEW
                        FIGURE 106 LEONARDO S.P.A.: COMPANY SNAPSHOT
                        TABLE 491 LEONARDO S.P.A.: PRODUCTS OFFERED
                        TABLE 492 LEONARDO S.P.A.: DEALS
     19.2 OTHER PLAYERS 
             19.2.1 SHIELD AI
                        TABLE 493 SHIELD AI: COMPANY OVERVIEW
             19.2.2 DELAIR
                        TABLE 494 DELAIR: COMPANY OVERVIEW
             19.2.3 VOLOCOPTER GMBH
                        TABLE 495 VOLOCOPTER GMBH: COMPANY OVERVIEW
             19.2.4 MICRODRONES
                        TABLE 496 MICRODRONES: COMPANY OVERVIEW
             19.2.5 TURKISH AEROSPACE INDUSTRIES
                        TABLE 497 TURKISH AEROSPACE INDUSTRIES: COMPANY OVERVIEW
             19.2.6 AUTEL ROBOTICS.
                        TABLE 498 AUTEL ROBOTICS.: COMPANY OVERVIEW
             19.2.7 VOLANSI, INC.
                        TABLE 499 VOLANSI, INC.: COMPANY OVERVIEW
             19.2.8 FLYABILITY
                        TABLE 500 FLYABILITY: COMPANY OVERVIEW
             19.2.9 WINGTRA
                        TABLE 501 WINGTRA: COMPANY OVERVIEW
             19.2.10 GARUDA AEROSPACE.
                        TABLE 502 GARUDA AEROSPACE.: COMPANY OVERVIEW
*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 (Page No. - 456)
     20.1 DISCUSSION GUIDE 
     20.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     20.3 CUSTOMIZATION OPTIONS 
     20.4 RELATED REPORTS 
     20.5 ANNEXURE 
             20.5.1 UAV MARKET: OTHER MAPPED COMPANIES
     20.6 AUTHOR DETAILS 
 

 

This research study on the UAV (Drone) market involved the extensive use of secondary sources, directories, and databases such as Hoovers, Bloomberg BusinessWeek, and Factiva to identify and collect information relevant to the market. Primary sources included industry experts, service providers, manufacturers, solution providers, technology developers, alliances, and organizations related to all segments of this industry's value chain. In-depth interviews with primary respondents, including key industry participants, subject matter experts, industry consultants, and C-level executives, were conducted to obtain and verify critical qualitative and quantitative information about the UAV (Drone) market and assess the market's growth prospects .

Secondary Research

The market share of companies in the UAV (Drone) market was determined using the secondary data acquired through paid and unpaid sources and analyzing the product portfolios of major companies operating in the market. These companies were rated based on the performance and quality of their products. Primary sources further validated these data points.

Secondary sources referred for this research study on the UAV (Drone)market include financial statements of companies offering UAV services, infrastructure, and software providers, along with various trade, business, and professional associations, among others. The secondary data has been collected and analyzed to arrive at the overall size of the UAV (Drone) market, which has been validated by primary respondents.

Primary Research

Extensive primary research was conducted after acquiring information regarding the UAV (Drone) market scenario through secondary research. Several primary interviews were conducted with market experts from both the demand and supply sides across major countries of North America, Europe, Asia Pacific, the Middle East, Africa and Latin America. Primary data was collected through questionnaires, emails, and telephonic interviews.

UAV (Drone) Market
 Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

  • Both top-down and bottom-up approaches were used to estimate and validate the size of the UAV (Drone) market.
  • Key players were identified through secondary research, and their market ranking was determined through primary and secondary research. This included a study of annual and financial reports of the top market players and extensive interviews of leaders, including CEOs, directors, and marketing executives.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data was consolidated, enhanced with detailed inputs, analyzed by MarketsandMarkets, and presented in this report.

Market size estimation methodology: Bottom-up Approach

UAV (Drone) Market
 Size, and Bottom-up Approach

Market size estimation methodology: Top-Down Approach

UAV (Drone) Market
 Size, and Top-Down Approach

Data Triangulation

After arriving at the overall size of the UAV (Drone) market from the market size estimation process explained above, the total market was split into several segments and subsegments. Wherever applicable, data triangulation and market breakdown procedures explained below were implemented to complete the overall market engineering process and arrive at the exact statistics for various market segments and subsegments. The data was triangulated by studying various factors and trends from both the demand and supply sides. Additionally, the market size was validated using both top-down and bottom-up approaches.

Market Definition

Unmanned aerial vehicles (UAVs) are remotely piloted, optionally piloted, or fully autonomous aerial vehicles that play a significant role in the defense and commercial sectors. They are commonly termed drones and are mostly known for their wide usage in various military missions, such as border surveillance and combat operations. These vehicles are also used for mapping, surveying, and determining the weather conditions of a specific area.

Stakeholders

Various stakeholders of the market are listed below:

 

  • UAV Suppliers
  • UAV Component Manufacturers
  • UAV Manufacturers
  • UAV pilot training institutes
  • Technology Support Providers
  • UAV Software/Hardware/Service and Solution Providers
  • Regulatory Bodies
  • UAV Consultants
  • Defense Forces

Report Objectives

  • To define, describe, segment, and forecast the size of the UAV market based on platform, system, industry, application, operational mode, maximum takeoff weight (MTOW), type, range, point of sale, function and region
  • To forecast sizes of various segments of the market with respect to six major regions, namely, North America, Europe, Asia Pacific, the Middle East, Latin America, and Africa, along with major countries in each of these regions
  • To identify and analyze key drivers, restraints, opportunities, and challenges influencing the growth of the market across the globe.
  • To identify industry trends, market trends, and technology trends that are currently prevailing in the market.
  • To provide an overview of the tariff and regulatory landscape with respect to drone regulations across regions
  • To analyze micromarkets with respect to individual growth trends, prospects, and their contribution to the overall market
  • To analyze opportunities in the market for stakeholders by identifying key market trends
  • To profile key market players and comprehensively analyze their market shares and core competencies.
  • To analyze the degree of competition in the market by identifying key growth strategies, such as acquisitions, product launches, contracts, and partnerships, adopted by leading market players
  • To identify detailed financial positions, key products, and unique selling points of leading companies in the market
  • To provide a detailed competitive landscape of the market, along with market ranking analysis, market share analysis, and revenue analysis of key players

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Report Code
AS 2802
Published ON
May, 2024
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