Astute Analytica published a research report on the "Global Unmanned Aerial Vehicle (UAV) Market Report 2024" which provides a comprehensive analysis and strategic visions into the market. The report offers detailed insights into the market size, growth projections, and key trends shaping the industry.

Market Size and Growth Projections

According to the report, Global unmanned Aerial Vehicle (UAV) was valued at US$ 62.44 billion in 2023 and is estimated to reach a valuation of US$ 119.71 billion by 2032 at a CAGR of 7.5% during the forecast period 2024–2032.

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Factors Influencing the Market

The research report provides a comprehensive analysis of the factors that are expected to impact the Unmanned Aerial Vehicle (UAV) business, both externally and internally. The report examines the external factors that could influence the industry's performance. This includes an analysis of the market environment, competitive landscape, and broader economic and regulatory conditions.

In addition to the external factors, the report also delves into the internal dynamics of the Unmanned Aerial Vehicle (UAV) industry. This includes an assessment of the industry's operational efficiency, technological capabilities, and organizational structure. The report analyzes how these internal factors may contribute to the overall performance and competitiveness of the market.

Market Segmentation and Analysis

The report delves into the various segments that make up the Unmanned Aerial Vehicle (UAV) market, offering a granular understanding of the dynamics within each segment. This segmentation allows for a more detailed and targeted analysis, enabling the identification of specific growth opportunities and challenges within the market.

Geographical Segmentation

The market has been segmented into North America, South America, Asia, Europe, Africa, and Others. The report covers the key countries within each region and provides the present market size and forecast till 2032 for all the regions and sub-regions.

Market Segmentation Outline

By Type

  • Fixed Wing
  • Rotary Wing
  • Hybrid

By Mode of Operation

  • Remotely Operated
  • Semi-Autonomous
  • Fully Autonomous

By Size

  • Very small UAVs
    • Micro or Nano UAVs
  • Small UAVs
    • Mini UAVs
  • Medium UAVs
  • Large UAVs

By Payload

  • <25 KG
  • 25-170 KG
  • >170 KG

By Industry

  • Military & Defence
  • Government & Law Enforcement
  • Civil & Commercial
  • Agriculture
    • Aerial Spraying
  • Construction & Mining
  • Arts, Entertainment & Recreation
  • Healthcare & Social Assistance
  • Civilian/ Commercial
  • Airports
  • Energy & Utilities
  • Critical Infrastructures
  • Data Centers
  • Stadiums
  • Residential
  • Other Public Venues
  • Others

By Range

  • Visual Line of Sight
  • Extended Visual Line of Sight
  • Beyond Visual Line of Sight

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • Western Europe
      • The UK
      • Germany
      • France
      • Italy
      • Spain
    • Rest of Western Europe
      • Eastern Europe
      • Poland 
      • Russia
      • Rest of Eastern Europe
  • Asia Pacific
    • China
    • India
    • South Korea
    • Japan
    • Australia & New Zealand
    • ASEAN
      • Malaysia
      • Myanmar
      • Philippines
      • Singapore
      • Thailand
      • Vietnam
      • Indonesia
      • Cambodia
      • Rest of ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of MEA
  • South America
    • Argentina
    • Brazil
    • Rest of South America

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Competitive Landscape

Astute Analytica research report provides a comprehensive analysis of the competitive landscape within the global Unmanned Aerial Vehicle (UAV) market. This includes a detailed examination of the leading product vendors and their latest developments, as well as insights into the manufacturer's share in terms of shipment and revenue for all major players identified in the market.

The competitive profiling includes information on the vendors' product portfolios, technological capabilities, and market share within the Unmanned Aerial Vehicle (UAV) industry. This data allows for a deeper understanding of the competitive landscape and the relative strengths and weaknesses of the various players.

Key Companies

  • Boeing
  • Elbit Systems
  • Northrop Grumman
  • Textron Inc.
  • BAE Systems Plc
  • Autel Robotics
  • 3D Robotics
  • General Atomics Aeronautical Systems
  • DJI Technology
  • Lockheed Martin Corporation
  • Saab AB
  • Israel Aerospace
  • FLIR Systems, Inc.
  • AeroVironment, Inc.
  • Delair
  • Yuneec
  • Holy Stone
  • Other Prominent Players

Reasons to Buy this Report

  • Market share evaluations for the national and regional segments
  • Tactical pointers for newcomers
  • Inclusion of market statistics from 2023 to 2030
  • Market trends, including motivators, openings, dangers, obstacles, funding possibilities, and suggestions
  • Strategic recommendations based solely on market projections
  • Identification of main, regular trends in competitive landscaping
  • Detailed company profiling, including financials, strategies, and current developments
  • Illustration of supply chain trends and current technical developments

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About Astute Analytica:

Astute Analytica is a leading market research and consulting firm committed to providing organizations with actionable insights and data-driven strategies to thrive in dynamic markets. With a strong presence in both global and regional markets, we publish extensive industry reports, conduct targeted surveys, and offer custom consulting services tailored to meet specific client needs. Our expertise spans multiple sectors, including technology, healthcare, chemicals, manufacturing, energy, and more, making us a valuable partner for forward-thinking businesses.

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