The report provides comprehensive coverage of the Unmanned Aerial Vehicle (UAV) market scenario for the current period and forecast timeline of 2020-2027. The Unmanned Aerial Vehicle (UAV) market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.

The global unmanned aerial vehicle (UAV) market is projected to be worth USD 56.18 Billion by 2027, according to a current analysis by Emergen Research. Unmanned aerial vehicles possess the ability to endure harsh terrain, triangulate enemy sites, sense toxic atmospheres, and accomplish numerous other missions that may be perilous to humans. After 9/11, the ISR operations active in Iraq and Afghanistan emphasized counter-terrorism and counter-insurgency, and the military had the freedom to operate drones unregulated in these nations.

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The key companies studied in the report are:

Elbit Systems, Aerovironment, Boeing, Thales Group, 3D Robotics, BAE Systems, Airbus, Northrop Grumann Corporation, Israel Aerospace Industries, and Textron, among others.

The report studies the historical data of the Unmanned Aerial Vehicle (UAV) market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the Unmanned Aerial Vehicle (UAV) industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Unmanned Aerial Vehicle (UAV) market.

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The report addresses the following key points:

  • The report estimates the expected market size from 2020-2027
  • The report provides a forecast of market drivers, restraints, and future opportunities for the Unmanned Aerial Vehicle (UAV) market
  • The report further analyses the changing market dynamics
  • Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
  • Extensive competitive landscape mapping with profiles of the key competitors
  • In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
  • Revenue forecast, country scope, application insights, and product insights

Emergen Research has segmented the global unmanned aerial vehicle (UAV) market on the basis of product type, wing type, operation mode, range, maximum takeoff weight (MTOW), system, application, end-user, and region:

  • Product Type Outlook (Revenue, USD Billion; 2017-2027)
    • Small UAVs
    • Strategic & Tactical UAVs
    • Special Purpose UAVs
  • Wing Type Outlook (Revenue, USD Billion; 2017-2027)
    • Fixed Wing
    • Rotary Wing
  • Operation Mode Outlook (Revenue, USD Billion; 2017-2027)
    • Remotely Piloted
    • Optionally Piloted
    • Fully Autonomous
  • Range Outlook (Revenue, USD Billion; 2017-2027)
    • Visual Line of Sight
    • Extended Visual Line of Sight
    • Beyond Line of Sight
  • Maximum Takeoff Weight (MTOW) Outlook (Revenue, USD Billion; 2017-2027)
    • < 25 Kg
    • 25 – 170 Kg
    • > 170 Kg
  • System Outlook (Revenue, USD Billion; 2017-2027)
    • Platforms
    • Payloads
    • Data Links
    • Ground Control Stations
    • Launch & Recovery Systems
  • Application Outlook (Revenue, USD Billion; 2017-2027)
    • Intelligence, Surveillance, and Reconnaissance (ISR)
    • Combat Support
    • Search and Rescue
    • Transportation
    • Explosive Ordnance Disposal (EOD)
    • Surveying & Mapping
    • Firefighting
    • Traffic Management
    • Warehousing
    • Others
  • End-User Outlook (Revenue, USD Billion; 2017-2027)
    • Military & Defense
    • Commercial
    • Government & Law Enforcement
    • Consumers

On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.

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