The global Small Unmanned Aerial Vehicle (UAV) market size was USD 13.70 Billion in 2022 and is expected to register a rapid revenue CAGR of 24.6% during the forecast period. Rising product demand for Intelligence, Surveillance, Target Acquisition, and Reconnaissance (ISTAR) from the defense sector and increasing need for aerial surveying and mapping are key factors driving market revenue growth.
The report offers a complete analysis of the global Small UAV market on a global and regional scale and offers a forecast for the market for 8 years. The report provides extensive coverage of the market drivers, restraints, limitations, growth prospects, threats, opportunities, and current and emerging trends in the market. The report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position. It also sheds light on the collaborations in the competitive landscape, such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, corporate and government deals, licensing agreements, and others.
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Key companies operating in the Small UAV market include:
Northrop Grumman, Bayer Tech, DJI, Parrot Drone SAS, Israel Aerospace Industry Ltd., AeroVironment, Inc., Lockheed Martin Corporation, Teledyne FLIR LLC, BAE Systems, Elbit Systems Ltd., AIRBUS, Textron Inc., Autel Robotics, Yuneec, and PowerVision Inc
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Small UAV market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Small UAV Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Small UAV Market Segmentation:
-
Type Outlook (Revenue, USD Billion; 2019-2032)
- Fixed Wing
- Conventional Take-Off and Landing (CTOL)
- Vertical Take-Off and landing (VTOL)
- Rotary Wing
- Single
- Multi
- Bicopters
- Tricopters
- Quadcopters
- Hexacopters
- Octocopters
- Hybrid Wing
- Fixed Wing
-
Platform Outlook (Revenue, USD Billion; 2019-2032)
- Civil & Commercial
- Defense & Government
-
Maximum Take-Off Weight Outlook (Revenue, USD Billion; 2019-2032)
- Less than 5kg
- 5 to 25kg
- Above 25 to 150kg
Small UAV Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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