List of Contents

Unmanned Aerial Vehicle Market Size, Share, and Trends 2024 to 2034

The global unmanned aerial vehicle (UAV) market size was USD 31.98 billion in 2023, estimated at USD 37.20 billion in 2024 and is anticipated to reach around USD 157.21 billion by 2034, expanding at a CAGR of 15.50% from 2024 to 2034.

  • Last Updated : September 2024
  • Report Code : 1269
  • Category : Automotive

 

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Unmanned Aerial Vehicle (UAV) Market, By Class

7.1. Unmanned Aerial Vehicle (UAV) Market, by Class, 2024-2034

7.1.1. Tactical UAVs

7.1.1.1. Market Revenue and Forecast (2021-2034)

7.1.2. Small UAVs

7.1.2.1. Market Revenue and Forecast (2021-2034)

7.1.3. Strategic UAVs

7.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 8. Global Unmanned Aerial Vehicle (UAV) Market, By Technology

8.1. Unmanned Aerial Vehicle (UAV) Market, by Technology, 2024-2034

8.1.1. Fully-autonomous

8.1.1.1. Market Revenue and Forecast (2021-2034)

8.1.2. Semi-autonomous

8.1.2.1. Market Revenue and Forecast (2021-2034)

8.1.3. Remotely Operated

8.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 9. Global Unmanned Aerial Vehicle (UAV) Market, By System

9.1. Unmanned Aerial Vehicle (UAV) Market, by System, 2024-2034

9.1.1. UAV Payloads

9.1.1.1. Market Revenue and Forecast (2021-2034)

9.1.2. UAV Airframe

9.1.2.1. Market Revenue and Forecast (2021-2034)

9.1.3. UAV Avionics

9.1.3.1. Market Revenue and Forecast (2021-2034)

9.1.4. UAV Software

9.1.4.1. Market Revenue and Forecast (2021-2034)

9.1.5. UAV Propulsion

9.1.5.1. Market Revenue and Forecast (2021-2034)

Chapter 10. Global Unmanned Aerial Vehicle (UAV) Market, By Application

10.1. Unmanned Aerial Vehicle (UAV) Market, by Application, 2024-2034

10.1.1. Commercial

10.1.1.1. Market Revenue and Forecast (2021-2034)

10.1.2. Military

10.1.2.1. Market Revenue and Forecast (2021-2034)

10.1.3. Recreational

10.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 11. Global Unmanned Aerial Vehicle (UAV) Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Class (2021-2034)

11.1.2. Market Revenue and Forecast, by Technology (2021-2034)

11.1.3. Market Revenue and Forecast, by System (2021-2034)

11.1.4. Market Revenue and Forecast, by Application (2021-2034)

11.1.5. U.S.

11.1.5.1. Market Revenue and Forecast, by Class (2021-2034)

11.1.5.2. Market Revenue and Forecast, by Technology (2021-2034)

11.1.5.3. Market Revenue and Forecast, by System(2021-2034)

11.1.5.4. Market Revenue and Forecast, by Application (2021-2034)

11.1.6. Rest of North America

11.1.6.1. Market Revenue and Forecast, by Class (2021-2034)

11.1.6.2. Market Revenue and Forecast, by Technology (2021-2034)

11.1.6.3. Market Revenue and Forecast, by System (2021-2034)

11.1.6.4. Market Revenue and Forecast, by Application (2021-2034)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Class (2021-2034)

11.2.2. Market Revenue and Forecast, by Technology (2021-2034)

11.2.3. Market Revenue and Forecast, by System (2021-2034)

11.2.4. Market Revenue and Forecast, by Application (2021-2034)

11.2.5. UK

11.2.5.1. Market Revenue and Forecast, by Class (2021-2034)

11.2.5.2. Market Revenue and Forecast, by Technology (2021-2034)

11.2.5.3. Market Revenue and Forecast, by System (2021-2034)

11.2.5.4. Market Revenue and Forecast, by Application (2021-2034)

11.2.6. Germany

11.2.6.1. Market Revenue and Forecast, by Class (2021-2034)

11.2.6.2. Market Revenue and Forecast, by Technology (2021-2034)

11.2.6.3. Market Revenue and Forecast, by System (2021-2034)

11.2.6.4. Market Revenue and Forecast, by Application (2021-2034)

11.2.7. France

11.2.7.1. Market Revenue and Forecast, by Class (2021-2034)

11.2.7.2. Market Revenue and Forecast, by Technology (2021-2034)

11.2.7.3. Market Revenue and Forecast, by System (2021-2034)

11.2.7.4. Market Revenue and Forecast, by Application (2021-2034)

11.2.8. Rest of Europe

11.2.8.1. Market Revenue and Forecast, by Class (2021-2034)

11.2.8.2. Market Revenue and Forecast, by Technology (2021-2034)

11.2.8.3. Market Revenue and Forecast, by System (2021-2034)

11.2.8.4. Market Revenue and Forecast, by Application (2021-2034)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Class (2021-2034)

11.3.2. Market Revenue and Forecast, by Technology (2021-2034)

11.3.3. Market Revenue and Forecast, by System (2021-2034)

11.3.4. Market Revenue and Forecast, by Application (2021-2034)

11.3.5. India

11.3.5.1. Market Revenue and Forecast, by Class (2021-2034)

11.3.5.2. Market Revenue and Forecast, by Technology (2021-2034)

11.3.5.3. Market Revenue and Forecast, by System (2021-2034)

11.3.5.4. Market Revenue and Forecast, by Application (2021-2034)

11.3.6. China

11.3.6.1. Market Revenue and Forecast, by Class (2021-2034)

11.3.6.2. Market Revenue and Forecast, by Technology (2021-2034)

11.3.6.3. Market Revenue and Forecast, by System (2021-2034)

11.3.6.4. Market Revenue and Forecast, by Application (2021-2034)

11.3.7. Japan

11.3.7.1. Market Revenue and Forecast, by Class (2021-2034)

11.3.7.2. Market Revenue and Forecast, by Technology (2021-2034)

11.3.7.3. Market Revenue and Forecast, by System (2021-2034)

11.3.7.4. Market Revenue and Forecast, by Application (2021-2034)

11.3.8. Rest of APAC

11.3.8.1. Market Revenue and Forecast, by Class (2021-2034)

11.3.8.2. Market Revenue and Forecast, by Technology (2021-2034)

11.3.8.3. Market Revenue and Forecast, by System (2021-2034)

11.3.8.4. Market Revenue and Forecast, by Application (2021-2034)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Class (2021-2034)

11.4.2. Market Revenue and Forecast, by Technology (2021-2034)

11.4.3. Market Revenue and Forecast, by System (2021-2034)

11.4.4. Market Revenue and Forecast, by Application (2021-2034)

11.4.5. GCC

11.4.5.1. Market Revenue and Forecast, by Class (2021-2034)

11.4.5.2. Market Revenue and Forecast, by Technology (2021-2034)

11.4.5.3. Market Revenue and Forecast, by System (2021-2034)

11.4.5.4. Market Revenue and Forecast, by Application (2021-2034)

11.4.6. North Africa

11.4.6.1. Market Revenue and Forecast, by Class (2021-2034)

11.4.6.2. Market Revenue and Forecast, by Technology (2021-2034)

11.4.6.3. Market Revenue and Forecast, by System (2021-2034)

11.4.6.4. Market Revenue and Forecast, by Application (2021-2034)

11.4.7. South Africa

11.4.7.1. Market Revenue and Forecast, by Class (2021-2034)

11.4.7.2. Market Revenue and Forecast, by Technology (2021-2034)

11.4.7.3. Market Revenue and Forecast, by System (2021-2034)

11.4.7.4. Market Revenue and Forecast, by Application (2021-2034)

11.4.8. Rest of MEA

11.4.8.1. Market Revenue and Forecast, by Class (2021-2034)

11.4.8.2. Market Revenue and Forecast, by Technology (2021-2034)

11.4.8.3. Market Revenue and Forecast, by System (2021-2034)

11.4.8.4. Market Revenue and Forecast, by Application (2021-2034)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Class (2021-2034)

11.5.2. Market Revenue and Forecast, by Technology (2021-2034)

11.5.3. Market Revenue and Forecast, by System (2021-2034)

11.5.4. Market Revenue and Forecast, by Application (2021-2034)

11.5.5. Brazil

11.5.5.1. Market Revenue and Forecast, by Class (2021-2034)

11.5.5.2. Market Revenue and Forecast, by Technology (2021-2034)

11.5.5.3. Market Revenue and Forecast, by System (2021-2034)

11.5.5.4. Market Revenue and Forecast, by Application (2021-2034)

11.5.6. Rest of LATAM

11.5.6.1. Market Revenue and Forecast, by Class (2021-2034)

11.5.6.2. Market Revenue and Forecast, by Technology (2021-2034)

11.5.6.3. Market Revenue and Forecast, by System (2021-2034)

11.5.6.4. Market Revenue and Forecast, by Application (2021-2034)

Chapter 12. Company Profiles

12.1. General Atomics Aeronautical Systems Inc.

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Northrop Grumman Corporation

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Israel Aerospace Industries Ltd.

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Elbit Systems Ltd.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Parrot

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. SZ DJI Technology Co. Ltd.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Lockheed Martin Corporation

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Yuneec

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Thales Group

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Go Pro

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

12.11. 3D Robotics

12.11.1. Company Overview

12.11.2. Product Offerings

12.11.3. Financial Performance

12.11.4. Recent Initiatives

12.12. Holy Stone

12.12.1. Company Overview

12.12.2. Product Offerings

12.12.3. Financial Performance

12.12.4. Recent Initiatives

12.13. Autel Robotics

12.13.1. Company Overview

12.13.2. Product Offerings

12.13.3. Financial Performance

12.13.4. Recent Initiatives

12.14. Kesper Drone

12.14.1. Company Overview

12.14.2. Product Offerings

12.14.3. Financial Performance

12.14.4. Recent Initiatives

12.15. Sense Fly

12.15.1. Company Overview

12.15.2. Product Offerings

12.15.3. Financial Performance

12.15.4. Recent Initiatives

12.16. Delair

12.16.1. Company Overview

12.16.2. Product Offerings

12.16.3. Financial Performance

12.16.4. Recent Initiatives

12.17. Hexagon

12.17.1. Company Overview

12.17.2. Product Offerings

12.17.3. Financial Performance

12.17.4. Recent Initiatives

12.18. AeroVironment Inc.

12.18.1. Company Overview

12.18.2. Product Offerings

12.18.3. Financial Performance

12.18.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

 

 

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Frequently Asked Questions

According to Precedence Research, the unmanned aerial vehicle (UAV) market size was valued at USD 31.98billion in 2023 and is projected to reach around USD 157.21billion by 2034.

The unmanned aerial vehicle (UAV) market is growing at a CAGR of 15.50% during the forecast period 2024 to 2034.

Prominent growth of construction industry across the globe is one of the key factors likely to propel the market growth for Unmanned Aerial Vehicle (UAV) during the upcoming years. As per the report published by PwC in the year 2018, the global construction sector predicted to grow by 85% in terms of volume and estimated to reach US$ 15.5 trillion by the year 2030. In addition, 57% of the volume share analyzed to be contributed by key countries that include China, U.S., and India across the overall industry growth. Moreover, the construction industry has greater significance in planning and design before heading towards the major construction and infrastructure projects. Hence, there is strong requirement for map designing and surveying for collection data of complex surface area. This re

In terms of application, the military segment anticipated to hold the major revenue share during the upcoming years owing to significant rise in the demand for strategic and tactical UAVs in military sector.

The Asia pacific region is expected to account highest growth rate in the forecast period of 2024 to 2034. In china military UVA market hit largest revenue share.

Some of the prominent players covered under the global unmanned aerial vehicle (UAV) market report include General Atomics Aeronautical Systems Inc., Northrop Grumman Corporation, Israel Aerospace Industries Ltd., Elbit Systems Ltd., Parrot, SZ DJI Technology Co. Ltd., Lockheed Martin Corporation, Yuneec Thales Group, Go Pro, 3D Robotics, Holy Stone Autel Robotics, Kesper Drone, Sense Fly, Delair, Hexagon, and AeroVironment Inc. among others.

Based on technology, in 2020, the fully-autonomous technology segment expected to grow at the fastest rate over the forthcoming period because it offers fully controlled operation without any control from ground.

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