Abstract
Summary
REPORT HIGHLIGHT
UAV Drone Market was valued at USD 17.98 billion by 2019, growing with 19.6% CAGR during the forecast period, 2020-2026
Market Dynamics
UAV drones or Unmanned Ariel vehicles is a cutting-edge technology that uses Ariel vehicles for the purposes of surveillance, monitoring, data collection and analysis that can be used by organizations and government institutions to improve process efficiencies. These UAV’s are especially important and useful for tasks wherein there is limited scope for human interference or wherein the manual hours, the cost can be significantly cut down because of the technology.
UAV drones are being used across logistics, E-commerce and other civil services. Various logistics companies are tying up with drone manufacturers/ suppliers to enable drone delivery in logistics. One such example was published in the Yahoo Finance website, (March 2020) stated that DSV, one of the global leaders in logistics has tied up with Drone Delivery Canada for its logistics services. Growing opportunities in the commercial sectors are the key drivers for the UAV drone industry. Another driver is the low-cost effectiveness and the precision rate that drones deliver thereby making it a much more effective form of transport. The major restraining factor that can hamper the growth of the industry is the growing security concerns associated with commercial drones. Trained professionals required for the operation of these vehicles are not as widespread as needed.
Product Takeaway
Based on the product, the industry is categorized into Fixed-wing and Rotary Blade Hybrid. The maximum revenue share within this category is held by the fixed-wing category. The key reason why fixed wings dominate is due to the range of benefits they offer such as longer flight duration, thereby enabling a large survey area. Information cited on the Quest UAV website stated that the main advantage that the fixed-wing UAV offers is excellent aerodynamic capabilities which allows for longer flight durations and therefore the area covered can be wider, thus making it more efficient. Due to its characteristics, they also offer smooth gliding features and thereby minimize power use. The rotary blade motor can be used over smaller space and is expected to witness a growth in demand over the forecasted period.
Application Takeaway
The market has been segmented into Filming & Photography, Inspection, and Maintenance. Of these categories, the filming and photographing dominate the overall industry. This is a booming industry wherein individuals and organizations are taking full advantage of the benefits drone offer for filming and photography purposes. An article published on the broadcast pro website (March 2020), stated that drones offer a never seen before view that was not possible with a general camera. They suggested that in the past decade drones have made it possible for cinematographers to present a new perspective in the storyline or the way the shot is capture and all this at a fraction of cost as compared to aerial photography or filming.
Another region where filming needs drones is the journalism sector. Drones allow journalists to get an insight into regions where it may physically be impossible to reach. For instance, an article in Simulyze, March 2017, stated that drones mat be critical in coverage of natural disasters or creating powerful storytelling. Agriculture is another segment wherein the segment is witnessing rapid growth owing to the applications the agricultural domain can explore.
Regional Takeaway
North America is one of the key regional players on a global level. This is due to the focused government funding on UAV technology and the acceptability & awareness in the market. As per the news published on the Aviation today.com Dec 2019, stated that due to restrictions imposed on foreign drones being used, the North American manufacturers can now explore a USD 1 billion market. Besides this, Asia Pacific is also witnessing a surge in demand for UAV drones, therefore this region is also expected to witness a lucrative rise.
Key Vendor Takeaway
The key players who are invested in the UAV drone industry are DJI; INSITU; Xiaomi; AeroVironment Inc.; EHANG; 3D Robotics; and Parrot Drones SAS. Xiaomi is a popular player in the drone category and comes up with newer technologies in the drone market. As per the news published on the Drones DJ website, March 2019, the Xiaomi aims at the DJI market and launches two new drones. This is a part of the consumer drone industry and they have pitched lower prices that target the mid-range market of their customers.
The market size and forecast for each segment and sub-segments has been considered as below
Historical Year – 2017 to 2018
Base Year – 2019
Estimated Year – 2020
Projected Year – 2026
TARGET AUDIENCE
Traders, Distributors, and Suppliers
Manufacturers
Government and Regional Agencies
Research Organizations
Consultants
Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
KEY PLAYERS
DJI
INSITU
Xiaomi
AeroVironment Inc.
EHANG
3D Robotics
Parrot Drones SAS
MARKET, BY TYPE
Commercial Drones
Fixed-Wing Drones
VTOL Drones
Nano Drones
Rotary Blade Drones
Hybrid Drones
Military Drones
Small Tactical Unmanned Aircraft Systems (STUAS)
Unmanned Combat Air Systems (UCAS)
Medium-Altitude Long-Endurance (MALE) UAVs
High-Altitude Long-Endurance (HALE) UAVs
MARKET, BY PAYLOAD
Military Drones
Up to 150 kg
Up to 600 kg
More than 600 kg
Commercial Drones (Up to 25 kg)
MARKET, BY COMPONENT
Battery
Sensor
Navigation System
Propulsion System
Controller
Camera
Others (Range Extender, Frame)
MARKET, BY APPLICATION
Commercial Drones
Media and Entertainment
Retail
Precision Agriculture
Inspection and Monitoring
Surveying and Mapping
Law Enforcement
Education
Military Drones
Spying
Search and Rescue Operations
Border Security
Combat Operations
MARKET, BY REGION
North America
The U.S.
Canada
Europe
Germany
France
Italy
Spain
United Kingdom
Rest of Europe
Asia Pacific
India
China
South Korea
Japan
Singapore
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Rest of LATAM
Middle East and Africa
Saudi Arabia
United Arab Emirates
Rest of MEA
Table of Contents
1 UAV DRONES MARKET OVERVIEW
1.1 Study Scope
1.2 Assumption and Methodology
2 EXECUTIVE SUMMARY
2.1 Market Snippet
2.1.1 Market Snippet by Type
2.1.2 Market Snippet by Payload
2.1.3 Market Snippet by Component
2.1.4 Market Snippet by Application
2.1.5 Market Snippet by Region
2.2 Competitive Insights
3 UAV DRONES KEY MARKET TRENDS
3.1 Market Drivers
3.1.1 Impact Analysis of Market Drivers
3.2 Market Restraints
3.2.1 Impact Analysis of Market Restraints
3.3 Market Opportunities
3.4 Market Future Trends
4 UAV DRONES INDUSTRY STUDY
4.1 Porter’s Five Forces Analysis
4.2 Marketing Strategy Analysis
4.3 Growth Prospect Mapping
4.4 Regulatory Framework Analysis
5 UAV DRONES MARKET LANDSCAPE
5.1 Market Share Analysis
5.2 Key Innovators
5.3 Breakdown Data, by Key manufacturer
5.3.1 Established Player Analysis
5.3.2 Emerging Player Analysis
6 UAV DRONES MARKET - BY TYPE
6.1 Overview
6.1.1 Segment Share Analysis, By Type, 2019 & 2026 (%)
6.2 Commercial Drones
6.2.1 Overview
6.2.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
6.2.3 Fixed-Wing Drones
- 6.2.3.1 Overview
- 6.2.3.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
6.2.4 VTOL Drones
- 6.2.4.1 Overview
- 6.2.4.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
- 6.2.4.3 Nano Drones
- 6.2.4.3.1 Overview
- 6.2.4.3.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
- 6.2.4.4 Rotary Blade Drones
- 6.2.4.4.1 Overview
- 6.2.4.4.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
- 6.2.4.5 Hybrid Drones
- 6.2.4.5.1 Overview
- 6.2.4.5.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
6.3 Military Drones
6.3.1 Overview
6.3.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
6.3.3 Small Tactical Unmanned Aircraft Systems (STUAS)
- 6.3.3.1 Overview
- 6.3.3.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
6.3.4 Unmanned Combat Air Systems (UCAS)
- 6.3.4.1 Overview
- 6.3.4.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
6.3.5 Medium-Altitude Long-Endurance (MALE) UAVs
- 6.3.5.1 Overview
- 6.3.5.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
6.3.6 High-Altitude Long-Endurance (HALE) UAVs
- 6.3.6.1 Overview
- 6.3.6.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
7 UAV DRONES MARKET - BY PAYLOAD
7.1 Overview
7.1.1 Segment Share Analysis, By Payload, 2019 & 2026 (%)
7.2 Military Drones
7.2.1 Overview
7.2.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
7.2.3 Up to 150 kg
- 7.2.3.1 Overview
- 7.2.3.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
7.2.4 Up to 600 kg
- 7.2.4.1 Overview
- 7.2.4.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
7.2.5 More than 600 kg
- 7.2.5.1 Overview
- 7.2.5.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
7.3 Commercial Drones (Up to 25 kg)
7.3.1 Overview
7.3.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
8 UAV DRONES MARKET - BY COMPONENT
8.1 Overview
8.1.1 Segment Share Analysis, By Component, 2019 & 2026 (%)
8.2 Battery
8.2.1 Overview
8.2.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
8.3 Sensor
8.3.1 Overview
8.3.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
8.4 Navigation System
8.4.1 Overview
8.4.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
8.5 Propulsion System
8.5.1 Overview
8.5.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
8.6 Controller
8.6.1 Overview
8.6.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
8.7 Camera
8.7.1 Overview
8.7.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
8.8 Others (Range Extender, Frame)
8.8.1 Overview
8.8.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
9 UAV DRONES MARKET - BY APPLICATION
9.1 Overview
9.1.1 Segment Share Analysis, By Application, 2019 & 2026 (%)
9.2 Commercial Drones
9.2.1 Overview
9.2.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
9.2.3 Media and Entertainment
- 9.2.3.1 Overview
- 9.2.3.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
9.2.4 Retail
- 9.2.4.1 Overview
- 9.2.4.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
9.2.5 Precision Agriculture
- 9.2.5.1 Overview
- 9.2.5.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
9.2.6 Inspection and Monitoring
- 9.2.6.1 Overview
- 9.2.6.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
9.2.7 Surveying and Mapping
- 9.2.7.1 Overview
- 9.2.7.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
9.2.8 Law Enforcement
- 9.2.8.1 Overview
- 9.2.8.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
9.2.9 Education
- 9.2.9.1 Overview
- 9.2.9.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
9.3 Military Drones
9.3.1 Overview
9.3.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
9.3.3 Spying
- 9.3.3.1 Overview
- 9.3.3.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
9.3.4 Search and Rescue Operations
- 9.3.4.1 Overview
- 9.3.4.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
9.3.5 Border Security
- 9.3.5.1 Overview
- 9.3.5.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
9.3.6 Combat Operations
- 9.3.6.1 Overview
- 9.3.6.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
10 UAV DRONES MARKET- BY GEOGRAPHY
10.1 Introduction
10.1.1 Segment Share Analysis, By Region, 2019 & 2026 (%)
10.2 North America
10.2.1 Overview
10.2.2 Key Manufacturers in North America
10.2.3 North America Market Size and Forecast, By Country, 2017 - 2026 (US$ Million)
10.2.4 North America Market Size and Forecast, By Type, 2017 - 2026 (US$ Million)
10.2.5 North America Market Size and Forecast, By Payload, 2017 - 2026 (US$ Million)
10.2.6 North America Market Size and Forecast, By Component, 2017 - 2026 (US$ Million)
10.2.7 North America Market Size and Forecast, By Application, 2017 - 2026 (US$ Million)
10.2.8 U.S
- 10.2.8.1 Overview
- 10.2.8.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
10.2.9 Canada
- 10.2.9.1 Overview
- 10.2.9.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
10.3 Europe
10.3.1 Overview
10.3.2 Key Manufacturers in Europe
10.3.3 Europe Market Size and Forecast, By Country, 2017 - 2026 (US$ Million)
10.3.4 Europe Market Size and Forecast, By Type, 2017 - 2026 (US$ Million)
10.3.5 Europe Market Size and Forecast, By Payload, 2017 - 2026 (US$ Million)
10.3.6 Europe Market Size and Forecast, By Component, 2017 - 2026 (US$ Million)
10.3.7 Europe Market Size and Forecast, By Application, 2017 - 2026 (US$ Million)
10.3.8 Germany
- 10.3.8.1 Overview
- 10.3.8.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
10.3.9 Italy
- 10.3.9.1 Overview
- 10.3.9.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
10.3.10 United Kingdom
- 10.3.10.1 Overview
- 10.3.10.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
10.3.11 France
- 10.3.11.1 Overview
- 10.3.11.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
10.3.12 Rest of Europe
- 10.3.12.1 Overview
- 10.3.12.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
10.4 Asia Pacific (APAC)
10.4.1 Overview
10.4.2 Key Manufacturers in Asia Pacific
10.4.3 Asia Pacific Market Size and Forecast, By Country, 2017 - 2026 (US$ Million)
10.4.4 Asia Pacific Market Size and Forecast, By Type, 2017 - 2026 (US$ Million)
10.4.5 Asia Pacific Market Size and Forecast, By Payload, 2017 - 2026 (US$ Million)
10.4.6 Asia Pacific Market Size and Forecast, By Component, 2017 - 2026 (US$ Million)
10.4.7 Asia Pacific Market Size and Forecast, By Application, 2017 - 2026 (US$ Million)
10.4.8 India
- 10.4.8.1 Overview
- 10.4.8.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
10.4.9 China
- 10.4.9.1 Overview
- 10.4.9.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
10.4.10 Japan
- 10.4.10.1 Overview
- 10.4.10.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
10.4.11 South Korea
- 10.4.11.1 Overview
- 10.4.11.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
10.4.12 Rest of APAC
- 10.4.12.1 Overview
- 10.4.12.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
10.5 Latin America
10.5.1 Overview
10.5.2 Key Manufacturers in Latin America
10.5.3 Latin America Market Size and Forecast, By Country, 2017 - 2026 (US$ Million)
10.5.4 Latin America Market Size and Forecast, By Type, 2017 - 2026 (US$ Million)
10.5.5 Latin America Market Size and Forecast, By Payload, 2017 - 2026 (US$ Million)
10.5.6 Latin America Market Size and Forecast, By Component, 2017 - 2026 (US$ Million)
10.5.7 Latin America Market Size and Forecast, By Application, 2017 - 2026 (US$ Million)
10.5.8 Brazil
- 10.5.8.1 Overview
- 10.5.8.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
10.5.9 Mexico
- 10.5.9.1 Overview
- 10.5.9.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
10.5.10 Argentina
- 10.5.10.1 Overview
- 10.5.10.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
10.5.11 Rest of LATAM
- 10.5.11.1 Overview
- 10.5.11.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
10.6 Middle East and Africa
10.6.1 Overview
10.6.2 Key Manufacturers in Middle East and Africa
10.6.3 Middle East and Africa Market Size and Forecast, By Country, 2017 - 2026 (US$ Million)
10.6.4 Middle East and Africa Market Size and Forecast, By Type, 2017 - 2026 (US$ Million)
10.6.5 Middle East and Africa Market Size and Forecast, By Payload, 2017 - 2026 (US$ Million)
10.6.6 Middle East and Africa Market Size and Forecast, By Component, 2017 - 2026 (US$ Million)
10.6.7 Middle East and Africa Market Size and Forecast, By Application, 2017 - 2026 (US$ Million)
10.6.8 Saudi Arabia
- 10.6.8.1 Overview
- 10.6.8.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
10.6.9 United Arab Emirates
- 10.6.9.1 Overview
- 10.6.9.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2026, (US$ Million)
11 KEY VENDOR ANALYSIS
11.1 DJI
11.1.1 Company Snapshot
11.1.2 Financial Performance
11.1.3 Product Benchmarking
11.1.4 Strategic Initiatives
11.2 INSITU
11.3 Xiaomi
11.4 AeroVironment Inc
11.5 EHANG
11.6 3D Robotics
11.7 Parrot Drones SAS
12 360 DEGREE ANALYSTVIEW
13 APPENDIX
13.1 Research Methodology
13.2 References
13.3 Abbreviations
13.4 Disclaimer
13.5 Contact Us