Global Small UAV Market

By 2022, the Global Small UAV Market is estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period. A special aircraft that is devoid of a human pilot on board is termed as an Unmanned Aerial Vehicle, also popularly known as a drone. An unmanned aircraft system also comprises of a ground-based controller and a communication network. Some of the major tasks performed by these UAVs include inspection, rescue operations, compilation of data concerning violent activities, tracking and situating the locations of inmates, and supplying provisions in disaster-affected areas. Moreover, they have the capability to get hold of missiles and strike the target with high accuracy. Nowadays, however, hyper spectral sensors are being integrated on SUAVs for imaging application, where the precise spectral information collected by these sensors enables better characterization and identification of targets.

Market Dynamics

The primary driving factors for the growth of the global drones market include rising incidences of terrorist activities in the region, increasing use of SUAVs in law enforcement and for non-military applications, and technological advancements. Factors such as rise in industrialization, augmented applications across various sectors, mounting investments by leading manufacturers, developing economies, and emergence of huge market Opportunities in the region further propel the market growth. Since defence forces are the major End Users, growth in this market depend largely on UAV defence expenditure worldwide. The market growth also depends on how countries define the policies which reduce market barriers and ease the way for the industry to operate at varying degrees of autonomy. Moreover, due to advantages such as low cost, efficient performance, flexibility, and maximum data collecting capabilities, SUAVs are increasingly being used by meteorological departments and the commercial & civil sector.

Conversely, strict airspace regulations and defence budget cuts in some nations are restraining the growth of this market.

Market Segmentation

The North America Small UAVMarket is fragmented on the basis of application, product type, energy source, subsystem, payloads, and propulsion system.

> Defence
> Transport/Logistics
> Media and Entertainment
> Retail
> Manufacturing
Product Type
> Light Fixed-Wing Small UAV
> Heavy Fixed-Wing Small UAV
> Multi-Rotor VTOL Small UAV
> Single-Rotor VTOL Small UAV
> Nano UAV
> Others.
Energy Source
> Hydrogen Cell
> Fuel Cell
> Lithium Ion Battery
> Hybrid Cell
> Solar Cell
> Data Link Software
> Others
> Sensors
> Cameras
> Telemetry Systems
> Synthetic Aperture Radar
> Video Screen
> Others
Propulsion Systems
> Hydrogen Cell Propulsion System
> Hybrid Propulsion System
> Solar Propulsion System
> Lithium-Ion Battery Propulsion System
Geographical Analysis

Despite falling defence expenditure, United States continues to maintain its dominance over the global market, accounting the largest share of the total market valuation. The North American, South American and Asia Pacific regions are expected to register strong growth in the forecast period owing to its application in border control, security surveillance, fighting organized crime and insurgency, and protection of natural resources.

Key players

The SUAV market is concentrated largely among prominent international players like AeroVironment, Israel Aerospace Industries, Elbit Systems, Thales, SAAB, and Parrot.

Report Contents:

> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe

> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastern Europe

> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on Market Segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market Dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage

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