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Unmanned Aerial Vehicle (UAV) Market Overview:
According to MRFR analysis, the Global Unmanned Aerial Vehicle (UAV) Market is expected to register a CAGR of~10.00% from 2023 to 2030 and hold a value of over USD 24.35 billion by 2030.
The Global Unmanned Aerial Vehicle (UAV) Market refers to the overall market for unmanned aerial vehicles, also known as drones, which are aircraft without a human pilot aboard. This market includes a wide range of UAVs, from small hobbyist drones to large military drones, and encompasses both commercial and government sectors. The market includes the manufacture and sale of UAVs, as well as associated products and services such as components, software, maintenance, training, and support. The demand for UAVs has been increasing rapidly in recent years, driven by their ability to perform a wide range of tasks, from aerial photography and surveying to military surveillance and strike missions.
The COVID-19 pandemic had significant impacts on the Global Unmanned Aerial Vehicle (UAV) Market. The pandemic has led to an increased demand for UAVs for a variety of purposes, including monitoring and surveillance, delivery of medical supplies and personal protective equipment, and disinfection of public areas. In particular, the use of drones for medical delivery and sample collection has been growing, as they offer a safer and more efficient way to transport supplies without risking exposure to the virus.
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Key Players:
Some of the key market players are:
Aero Vironment Inc (US)
Parrot Drones (France)
PrecisionHawk (US)
3D Robotics (US)
Airbus SAS (Netherlands)
Boeing (US)
General Atomics (US)
Lockheed Martin Corporation (US)
Northrop Grumman Corporation (US)
Textron Inc (US)
Market Segmentation:
The Global Unmanned Aerial Vehicle (UAV)Market has been segmented into type, platform and application.
Based on the type, the market has been segmented into combat, small, strategic and tactical.
Based on the platform, the market has been segmented into fixed-wing and rotary-wing.
Based on the application, the market has been segmented into commercial, military and agriculture.
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Regional Analysis:
The largest region of the Global Unmanned Aerial Vehicle (UAV)(UAV) Market is North America. This is due to a number of factors, including the presence of major UAV manufacturers and technology companies in the region, as well as the strong demand for UAVs in both the military and commercial sectors.
Canada has also emerged as a significant player in the UAV market, with the country’s vast wilderness and harsh weather conditions making it an ideal testing ground for UAVs. Canadian UAV manufacturers have been able to leverage this expertise to develop innovative products for both the domestic and international markets.
Discover More Research Reports on AEROSPACE & DEFENSE Industry, by Market Research Future:
UAV Market Research Report Information by Type (Fixed Wing and Multi Rotor), Component (Airframe, Payload, Guidance Navigation Control and Propulsion System), Application (Military UAVs and Commercial UAVs) and Region (North America, Europe, Asia-Pacific, Middle East Africa and Latin America) – Forecast till 2030
Drones Market by Type (Fixed-Wing and Multi-Rotor), By Capability (Passenger Drones and Cargo; Drones), By Capacity (Up to 100 kg and Over100 kg),By Application (Agriculture (Field Mapping, Field Mapping, Crop Spraying, Agricultural Photography, Precise Agriculture; Management, Agriculture Insurance; Inspection), Industry (Construction, Oil Gas, Mining, Logistics, Aviation, Telecom)), Component(Airframe, Payload, Guidance Navigation Control, Propulsion System) Forecast 2030
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