The global Small UAV Market size to reach around US$ 11.31 Bn by 2027 and is anticipated to grow at a CAGR of around 18.9% from 2020 to 2027.
Precedence Research, Recently Published Report on “Small UAV Market Size, Share, Growth, Trends, Segment Forecasts, Regional Outlook 2020 - 2027”. The report offers an up-to-date analysis regarding the current market scenario, latest trends, key drivers, potential challenges, profitability graph and the overall market environment.
Unmanned aerial vehicle (UAV), widely known as Drone, is an aircraft or airborne system functioned remotely by operator or autonomously by means of onboard computer. Unmanned aircraft systems comprise of the sensor payloads, aircraft component and ground control station. They can be operated by onboard electronic equipment or with the help of control equipment from the ground. Small unmanned aerial vehicles (SUAVs) have been given numerous characterizations amongst national regulation authorities, frequently without including size accuracies and differing regarding weight measurement stipulations. The extensive variety of applications in which small unmanned aerial vehicles can be installed is budding every day, with the growth-platform explores novel uses, the need for small UAVs will be noteworthy, with a widespread and wide-ranging geographical spread.
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Growth Factors
Upsurge in the procurement of small military drones by defense forces worldwide is one of the most significant factors projected to drive the growth of the small UAV market. Augmenting use of small drones in commercial applications including surveying, aerial remote sensing, monitoring, mapping, precision agriculture, and product distribution is also crediting to the growth of the market.
Application of UAV is growing quickly for surveillance and public service responses by both local and national police forces. Furthermore, the novel governing changes and rollout of remote ID and 5G will permit massive up scaling of drone procedures, from solitary remotely functioned aircraft to semi-autonomous fleets which would be capable to function outside visual line of sight courtesy of imminent unmanned traffic management infrastructure. This will deliver the base from which corporations like Amazon can unveil drone delivery services.
COVID-19 can be a catalyst for the extensive implementation of small UAVs in commercial spaces. The most substantial rise in UAV application can be in areas including agriculture, city planning and administration, health, emergency response and rescue, village mapping, damage assessment, inventory management, flood monitoring, retail, and delivery of food and goods services. However, high prices of advanced UAVs can act as a deterrent factor in the growth of the small UAVs market. The UAV consists of numerous components including motors, sensors, camera, GPS, and batteries. The components are utilized in the small drone dependent on the application. The cost of these components relies on the quality. Usage of superior components upsurges the cost of the UAV suggestively.
Regional Snapshots
Though the military UAV sector is anticipated to become gradually international the U.S. will endure to lead the global marketplace. In terms of revenue, North America gathered around 43% of the market share in 2019. Increasing number of developing economies are showing curiosity in implementation of UAVs for surveillance and border security and procedures. Middle East is one of the developing markets with Israel being a crucial exporter and manufacturer of UAVs. Asia Pacific is expected to exhibit speedy growth conquered by the enormous demand from China. With the expansion of its military competences, China has given more standing to the utilization of UAVs for crucial military operations. The government of China also strategies to widely use UAVs for coastal observation and patrol. China has also reinforced its surveillance network using birdlike small drones.
The government of China is building small drones that look like birds under program named “Dove”. Furthermore, in the University of Tokyo, the Jouhou System Kougaku Laboratory revealed the DRAGON drone. This drone consists of up numeral of small drones and is capable of varying its form in midair. Furthermore, it can decide what shape to take depending on the space in which it is navigating. Such technological innovations are driving the implementation of small UAVs across defense sector across the globe.
Report Highlights
- The introduction of 5G technology is projected to open up totally new paths for the small drone sector
- Among different types of small UAV, rotary blade type UAV gathered the largest share around 70% of global small UAV Market in 2019
- Asia-Pacific is expected to observe the speedy growth due to rapid expansion of defense capabilities in vital economies like India, Japan, China and South Korea
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Some of the projecting tactics commenced by top market participants in order to withstand the fierce market completion comprise partnerships, procurements, substantial expenditure in R&D and the enhancement of innovative products or reforms among others. In December 2020, DJI released novel Mavic 2 Enterprise Advanced. This innovative model comes a little more than 2 years after DJI unveiled its Mavic 2 Enterprise, which demonstrated a very prevalent drone with First Responders among lifeguards, law enforcement, and Search and Rescue teams among others.
Certain foremost players functioning in the global small UAV market are DJI, Parrot, Lockheed Martin, Elbit Systems, AeroVironment, Textron, Applied Aeronautics, FLIR Systems, IAI, and Zero Tech among others.
Market Segmentation
By Type
- Fixed Wing
- Helicopter
- Rotary Blade
By Application
- Defense
- Commercial and Civil
By Geography
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- United Kingdom
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa (MEA)
- GCC
- North Africa
- South Africa
- Rest of Middle East & Africa
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. Small UAV 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
Chapter 5. COVID 19 Impact on Small UAV Market
5.1. Covid-19: Small UAV Market Industry Impact
5.2. Small UAV Market Business Impact Assessment: Covid-19
5.2.1. Supply Chain Challenges/Disruption
5.2.2. Market Trends and Small UAV Market Opportunities in the COVID-19 Landscape
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Small UAV Market Manufacturers to deal with Covid-19 Pandemic Scenario
Chapter 6. Small UAV Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Global Small UAV Market: Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Small UAV Market Revenue by Manufacturer (2015-2020)
7.1.1.2. Small UAV Market Revenue Market Share by Manufacturer (2015-2020)
7.1.1.3. Small UAV Market Production by Manufacturer (2015-2020)
7.1.1.4. Small UAV Market Production Share by Manufacturer (2015-2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Capacity Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Small UAV Market, By Product Type
8.1. Small UAV Market, by Product Type, 2016-2027
8.1.1. Fixed Wing
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.1.2. Market Production and Forecast (2016-2027)
8.1.2. Helicopter
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.2.2. Market Production and Forecast (2016-2027)
8.1.3. Rotary Blade
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.3.2. Market Production and Forecast (2016-2027)
Chapter 9. Global Small UAV Market, By Application
9.1. Small UAV Market, by Application, 2016-2027
9.1.1. Defense
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.1.2. Market Consumption and Forecast (2016-2027)
9.1.2. Commercial and Civil
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.2.2. Market Consumption and Forecast (2016-2027)
Chapter 10. Global Small UAV Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Production Forecast by Product (2016-2027)
10.1.2. Market Revenue and Consumption Forecast by Application (2016-2027)
10.1.3. U.S
10.1.3.1. Market Revenue and Production Forecast (2016-2027)
10.1.3.2. Market Revenue and Consumption Forecast (2016-2027)
10.1.4. Canada
10.1.4.1. Market Revenue and Production Forecast (2016-2027)
10.1.4.2. Market Revenue and Consumption Forecast (2016-2027)
10.2. Europe
10.2.1. Market Revenue and Production Forecast by Product (2016-2027)
10.2.2. Market Revenue and Consumption Forecast by Application (2016-2027)
10.2.3. UK
10.2.3.1. Market Revenue and Production Forecast (2016-2027)
10.2.3.2. Market Revenue and Consumption Forecast (2016-2027)
10.2.4. Germany
10.2.4.1. Market Revenue and Production Forecast (2016-2027)
10.2.4.2. Market Revenue and Consumption Forecast (2016-2027)
10.2.5. France
10.2.5.1. Market Revenue and Production Forecast (2016-2027)
10.2.5.2. Market Revenue and Consumption Forecast (2016-2027)
10.2.6. Rest of EU
10.2.6.1. Market Revenue and Production Forecast (2016-2027)
10.2.6.2. Market Revenue and Consumption Forecast (2016-2027)
10.3. Asia Pacific (APAC)
10.3.1. Market Revenue and Production Forecast by Product (2016-2027)
10.3.2. Market Revenue and Consumption Forecast by Application (2016-2027)
10.3.3. China
10.3.3.1. Market Revenue and Production Forecast (2016-2027)
10.3.3.2. Market Revenue and Consumption Forecast (2016-2027)
10.3.4. India
10.3.4.1. Market Revenue and Production Forecast (2016-2027)
10.3.4.2. Market Revenue and Consumption Forecast (2016-2027)
10.3.5. Japan
10.3.5.1. Market Revenue and Production Forecast (2016-2027)
10.3.5.2. Market Revenue and Consumption Forecast (2016-2027)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Production Forecast (2016-2027)
10.3.6.2. Market Revenue and Consumption Forecast (2016-2027)
10.4. LATAM
10.4.1. Market Revenue and Production Forecast by Product (2016-2027)
10.4.2. Market Revenue and Consumption Forecast by Application (2016-2027)
10.4.3. Brazil
10.4.3.1. Market Revenue and Production Forecast (2016-2027)
10.4.3.2. Market Revenue and Consumption Forecast (2016-2027)
10.4.4. Rest of LATAM
10.4.4.1. Market Revenue and Production Forecast (2016-2027)
10.4.4.2. Market Revenue and Consumption Forecast (2016-2027)
10.5. Middle East and Africa (MEA)
10.5.1. Market Revenue and Production Forecast by Product (2016-2027)
10.5.2. Market Revenue and Consumption Forecast by Application (2016-2027)
10.5.3. GCC
10.5.3.1. Market Revenue and Production Forecast (2016-2027)
10.5.3.2. Market Revenue and Consumption Forecast (2016-2027)
10.5.4. North Africa
10.5.4.1. Market Revenue and Production Forecast (2016-2027)
10.5.4.2. Market Revenue and Consumption Forecast (2016-2027)
10.5.5. South Africa
10.5.5.1. Market Revenue and Production Forecast (2016-2027)
10.5.5.2. Market Revenue and Consumption Forecast (2016-2027)
10.5.6. Rest of MEA
10.5.6.1. Market Revenue and Production Forecast (2016-2027)
10.5.6.2. Market Revenue and Consumption Forecast (2016-2027)
Chapter 11. Company Profiles
11.1. DJI
11.1.1. Company Overview, Business Information, Manufacturing Area
11.1.2. Product Portfolio Analysis
11.1.2.1. Product Details, Specification, Application
11.1.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.1.4. Recent Developments and Strategies
11.2. AeroVironment
11.2.1. Company Overview, Business Information, Manufacturing Area
11.2.2. Product Portfolio Analysis
11.2.2.1. Product Details, Specification, Application
11.2.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.2.4. Recent Developments and Strategies
11.3. Parrot
11.3.1. Company Overview, Business Information, Manufacturing Area
11.3.2. Product Portfolio Analysis
11.3.2.1. Product Details, Specification, Application
11.3.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.3.4. Recent Developments and Strategies
11.4. Lockheed Martin
11.4.1. Company Overview, Business Information, Manufacturing Area
11.4.2. Product Portfolio Analysis
11.4.2.1. Product Details, Specification, Application
11.4.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.4.4. Recent Developments and Strategies
11.5. Applied Aeronautics
11.5.1. Company Overview, Business Information, Manufacturing Area
11.5.2. Product Portfolio Analysis
11.5.2.1. Product Details, Specification, Application
11.5.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.5.4. Recent Developments and Strategies
11.6. Textron
11.6.1. Company Overview, Business Information, Manufacturing Area
11.6.2. Product Portfolio Analysis
11.6.2.1. Product Details, Specification, Application
11.6.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.6.4. Recent Developments and Strategies
11.7. FLIR Systems
11.7.1. Company Overview, Business Information, Manufacturing Area
11.7.2. Product Portfolio Analysis
11.7.2.1. Product Details, Specification, Application
11.7.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.7.4. Recent Developments and Strategies
11.8. IAI
11.8.1. Company Overview, Business Information, Manufacturing Area
11.8.2. Product Portfolio Analysis
11.8.2.1. Product Details, Specification, Application
11.8.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.8.4. Recent Developments and Strategies
11.9. Elbit Systems
11.9.1. Company Overview, Business Information, Manufacturing Area
11.9.2. Product Portfolio Analysis
11.9.2.1. Product Details, Specification, Application
11.9.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.9.4. Recent Developments and Strategies
11.10. Company 10
11.10.1. Company Overview, Business Information, Manufacturing Area
11.10.2. Product Portfolio Analysis
11.10.2.1. Product Details, Specification, Application
11.10.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.10.4. Recent Developments and Strategies
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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