Unmanned Aerial Vehicle (UAV) Market

General Atomics (US) and DJI Technology Co., Ltd. (China) are Leading Players in the Unmanned Aerial Vehicle (UAV) Market

Unmanned aerial vehicles (UAV) are remotely piloted 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. These vehicles are also used for mapping, surveying, and determining the weather conditions of a specific area.

This report covers UAV used in the military, commercial, government & law enforcement, and consumer applications. It also provides information on UAV used in defense & security, agriculture, logistics & transportation, energy & power, construction & mining, media & entertainment, insurance, wildlife & forestry, and academic research. The report covers various  UAV systems, including platforms, payloads, ground control stations, data links, and launch & recovery systems. Weapons launched from UAV and systems (weapons carriages and release systems) required for launching them are not considered in this report. The global UAV market is estimated to be USD 27.4 billion in 2021 and is projected to reach USD 58.4 billion by 2026, at a CAGR of 16.4% from 2021 to 2026. North America is projected to account for the largest size of the UAV market from 2021 to 2026.

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

With the incorporation of new technologies such as artificial intelligence, sense and avoid systems, and cloud computing in UAV, their demand is expected to increase further. The incorporation of artificial intelligence in UAV has not only enhanced their capabilities but has also enabled them to carry out several activities such as takeoff, navigation, data capture, data transmission, and data analysis without human intervention.

Agreements, collaborations, new product developments, contracts, expansion, acquisitions, and partnerships are among some of the key strategies adopted by the leading market players to strengthen and sustain their position in the UAV market For example, In March 2021, Northrop Grumman Corporation signed a deal with the US Navy to prototype and incorporate assimilating sense and avoid (SAA) competencies into its high-altitude, long-endurance MQ-4C Triton autonomous system to enable its secure functioning in shared airspace with manned aircraft. Major players operating in the UAV market include General Atomics (US), Northrop Grumman Corporation (US), EHang (China), Parrot (France), PrecisionHawk (US), Israel Aerospace Industries Ltd. (Israel), DJI Technology Co., Ltd. (China), AeroVironment, Inc. (US), Lockheed Martin Corporation (US).

GENERAL ATOMICS (US)

General Atomics offers UAS, tactical reconnaissance radars, and surveillance systems. General Atomics also manufactures solid-state digital GCS. It specializes in the design, development, and integration of Lynx multimode radar and highly sophisticated Claw sensor payload control with image analysis software for both manned and unmanned surveillance aircraft.

General Atomics carries out the integration of sensors and communication equipment for manned intelligence, surveillance, and reconnaissance (ISR) aircraft. It is developing various advanced technologies for solid-state lasers, electro-optical sensors, and ultra-wideband data links for government applications. The company also provides pilot training and support services for UAS field operations. General Atomics Aeronautical Systems (GA-ASI) is one of the leading manufacturers of remotely piloted aircraft (RPA) systems such as Predator A, Predator B/MQ-9 Reaper, Gray Eagle, the new Predator C Avenger, and Predator XP. In September 2020, General Atomics Aeronautical Systems, Inc. carried out flight demonstrations of captive carrying SparrowHawk small unmanned aircraft systems (sUAS). The SparrowHawk aircraft is an airborne launch and recovery demonstrator aircraft tailored to suit GA-ASI platforms. It is based on attritableONE technologies of the Advanced Battle Management System.

 DJI (CHINA)

DJI is a leading global manufacturer of commercial drones. It manufactures a wide range of cameras, drones, flight controllers, drone accessories, propulsion systems, and camera gimbals (aerial and handheld). The company offers its products for different applications in the agriculture, energy, public safety, entertainment, infrastructure, and construction sectors. DJI offers its products through DJI online stores, DJI-operated stores, and retail stores.

Along with civilian use, the products of the company are also used in military and intelligence applications. DJI has its own in-house research and development and manufacturing facilities in China. As of April 2021, DJI developed a new DJI Air 2S. This compact camera drone is an all-in-one answer for effective flight. It is not only equipped with state-of-the-art cameras but also with high-level-grade preprogrammed substance creation devices.

NORTHROP GRUMMAN  CORPORATION (US)

Northrop Grumman is one of the leaders in the design, development, and production of autonomous systems primarily used for intelligence, surveillance, and reconnaissance (ISR) missions. The key products of Northrop Grumman for the UAV market include a high-altitude long-endurance system, Global Hawk system that offers real-time high-resolution imagery of landmasses for threat awareness. It also offers a Triton system that provides ISR functionality over oceans and coastal regions. The Bat system of the company is an affordable, medium-altitude, multi-mission unmanned aircraft system. As of March 2021, Northrop Grumman Corporation signed a deal with the US Navy to prototype and incorporate assimilating sense and avoid (SAA) competencies into its high-altitude, long-endurance MQ-4C Triton autonomous system to enable its secure functioning in shared airspace with manned aircraft.

Related Reports:

Unmanned Aerial Vehicle (UAV) Market by Point of Sale, Systems, Platform (Civil & Commercial, and Defense & Governement), Function, End Use, Application, Type, Mode of Operation, MTOW, Range, and Region - Global Forecast to 2026

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
AS 2802
RI Published ON
6/11/2021
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Unmanned Aerial Vehicle (UAV) Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2021 MarketsandMarkets Research Private Ltd. All rights reserved