Envision Report

Published March 9, 2018

Unmanned Aerial Vehicle Drones Market – Size, Outlook, Trends and Forecasts (2018 – 2024)

Download Free Sample Report!

Unmanned Aerial Vehicle commonly known as Drones is the components of the Unmanned Aircraft Systems (UAS), which can be controlled from the ground-based or through a system of communication between the two. UAV can become operative with various degrees of independence with the remote control or by any computer means. The benefits of the Unmanned Air Vehicle are there is no need for qualified pilot aboard, can easily penetrate into the dangerous environments where human life cannot enter. And more importantly, reduces the risk of the aircraft operator. The Stay-In-Air tome of the aircraft is 30 hours which is very optimal for any regular military mission. A regular raster scan of the region can be swiftly done with the computer control and can perform a geological survey or thermal imaging of a region. UAV’s can be programmed in such a way that it can complete a mission independently even when its GCS contact is lost.

Unmanned Aerial Vehicle (UAV) Drones Market Report Segments Size & Growth:

Unmanned Aerial Vehicle (UAV) Drones Market size is projected to reach approximately USD 49.87 Billion by the end of 2024 with a CAGR of close to 18.30% from USD 13.75 Billion in 2017 during the forecast timeline 2018-2024. Increase in venture funding, rising in demand for drone-generated data in the commercial sector is driving the drone industry growth. Integration of UAV drones with new technological advancements is propelling the drone market. However there are few restraints from the usage of the drones, these UAV drones function through an automated code, and this coded drone can be hacked hence leading to security and safety concerns. Due to the decrease in the defence budgets of the USA, France, and Germany, the drone market may have an opportunity to develop its economies for Military Applications. Some critical challenges the Drone markets face is a loss in resources and money due to improper air traffic management, and there are very few people who are well trained to be as a virtual pilot to these UAV Drones.

Unmanned Aerial Vehicle (UAV) Drones Market Report Segments Share:

According to the Drone Market Research, the UAV Drones Market is segmented on the basis of Drone type which includes, Military Drones and Commercial Drones. Further, the Military Drones are sub-segmented into Small Tactical Unmanned Aircraft Systems (STUAS), Medium-Altitude Long-Endurance (MALE) UAVs, High-Altitude Long-Endurance (HALE) UAVs, and Unmanned Combat Air System (UCAS). And the Commercial Drones are sub-segmented into Fixed-Wing Drones, VTOL Drones. Now, these VTOL Drones are further sub-segmented as Hybrid Drones, Rotary Blade Drones, Nano Drones. Among the main segments, the Military Drones segment is expected to have the largest share. The Military Drones are being very much successful by defense agencies serving their border, to enforce the law as well as for combat mission. According to the drone market analysis on the weight that a drone should carry, the UAV Drone Market is segmented into Up to 25 kg, up to 150 kg, up to 600 kg, and more than 600 kg. On the basis of the component type, the UAV Drone Sensors is segmented into Sensors, Controller systems, Camera, a Navigation system, Propulsion system, Battery, and others. Every component is sub-segmented into, if we take Sensors, we have Motion Sensor, Light Sensor, Proximity Sensor, Temperature Sensor, Position Sensor. Controller Systems is sub-segmented into Common Data Link (CDL), Tactical Common Data Link (TCDL). The camera is sub-segmented into Multispectral Camera, Thermal Camera, Lidar Camera, High-Resolution Camera, among all these, Sensors are used as the payload in the commercial and military applications. And Cameras being used in continuous video monitoring, remote surveillance, border security, thermographic inspection into the building and firefighting making the UAV Drone market to grow very fast during the drone market forecast period. The UAV Drone market is segmented on the basis of its application in various industries those are, Military applications and Commercial applications. Further, the two main segments are sub-segmented into Spying, Search and Rescue Operations, Inspection and Monitoring, Precision Agriculture, Media and Entertainment and so on. Among these, all industries precision agriculture from the commercial drone market size is expected to have the highest CAGR during the forecasting period. Drones really reduce the time cost and labor charges to conduct an accurate survey of their paddy field. And other advantages like real-time data collection, high-resolution images of farmland taken by drones, and lower in costs compared to other techniques. These following factors are taken into consideration and benefiting the farmers, in turn, increasing the market. Globally the UAV Drone Market is segmented around North America, South America, Middle East and Africa, Europe, Asia Pacific regions. Among these regions, North America is expected to have the largest share. Simultaneously Asia Pacific is expected to grow with highest CAGR because of the increasing number of farmers adopting to drones to monitor their farmlands in limited time.

Unmanned Aerial Vehicle (UAV) Drones Market Report Trends:

  • Boeing unveils MQ-25 Drone on December 21st, 2017 which is used to fill the fuel into fighter jets in mid-air. On November 2017
  • On September 18th, 2017, Northrop Grumman a global security company is to acquire ATK.Inc leader in aerospace and defence technologies.

Unmanned Aerial Vehicle (UAV) Drones Market Report Research Report:          

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Global and Regional Diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The major market players, such as

  • Boeing
  • DJI
  • Elbit
  • General Atomics
  • General Dynamics
  • Israel Aerospace Industries

Along with these companies, there were many other companies considered/cited in the report while analysing the Unmanned Aerial Vehicle (UAV) Drones Market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base




Chapter 1 Introduction

1.1 Executive Summary

1.2 Market Definition

1.3 Scope of the Study

Chapter 2 Research Methodology

2.1 Secondary Research

2.2 Primary Research

2.3 Analytic Tools and Model

2.4 Economic Indicator

2.4.1 Base Year, Base Currency, Forecasting Period

2.5 Expert Validation

2.6 Study Timeline

Chapter 3 Market Analysis

3.1 Industry Value Chain Analysis

3.2Porter’s Five Force Analysis

3.2.1 Bargaining Power of Buyers

3.2.2 Bargaining Power of Suppliers

3.2.3 Threats of Substitutes

3.2.4 Threats of New Entrants

3.2.5 Industry Rivalry

3.3 PESTLE Analysis

3.3.1 Political

3.3.2 Economical

3.3.3 Social

3.3.4 Technological

3.3.5 Legal

3.3.6 Environmental

3.4 SWOT Analysis

3.4.1 Strengths

3.4.2 Weakness

3.4.3 Opportunities

3.4.4 Threats

3.5 Y-O-Y Analyses

Chapter 4 Market Dynamics

4.1. Drivers

4.1.1 Increase in Venture Funding

4.1.2 Demand for Drone-Generated Data in Commercial Applications

4.1.3 Increase in Rapid Technological Advancements

4.2 Restraints

4.2.1 Security and Safety Concerns

4.3 Opportunities

4.3.1 High Adoption of Drones by the Developing Economies for Military Applications

4.4 Challenges

4.4.1 Air Traffic Management

4.4.2 Trained Pilots are being in few numbers

Chapter 5 Unmanned Aerial Vehicle (UAV) Drones Market– By Drone Type

5.1 Military Drones

5.1.1 Small Tactical Unmanned Aircraft Systems (STUAS)

5.1.2 Medium-Altitude Long-Endurance (MALE) UAVs

5.1.3 High-Altitude Long-Endurance (HALE) UAVs

5.1.4 Unmanned Combat Air System (UCAS)

5.2 Commercial Drones

5.2.1 Fixed-Wing Drones

5.2.2 VTOL Drones Hybrid Drones Rotary Blade Drones Nano Drones

Chapter 6 Unmanned Aerial Vehicle (UAV) Drones Market – By Payload

6.1 Up to 25 Kg

6.2 Up to 150 kg

6.3 Up to 600 Kg

6.4 More than 600 Kg

Chapter 7 Unmanned Aerial Vehicle (UAV) Drones Market – By Component

7.1 Sensors

7.1.1 Motion Sensor

7.1.2 Light Sensor

7.1.3 Proximity Sensor

7.1.4 Temperature Sensor

7.1.5 Position Sensor

7.1.6 Other Sensors

7.2 Controller System

7.2.1 Common Data Link (CDL)

7.2.2 Tactical Common Data Link (TCDL)

7.3 Camera

7.3.1 Multispectral Camera

7.3.2 Thermal Camera

7.3.3 Lidar Camera

7.3.4 High-Resolution Camera

7.4 Navigation System

7.4.1 Global Positioning System (GPS)

7.4.2 Geographic Information System (GIS)

7.5 Propulsion System

7.6 Battery

7.7 Others

Chapter 8 Unmanned Aerial Vehicle (UAV) Drones Market – By Application

8.1 Military Drone Applications

8.1.1 Spying

8.1.2 Search and Rescue Operations

8.1.3 Border Security

8.1.4 Combat Operations

8.2 Commercial Drone Applications

8.2.1 Inspection and Monitoring Oil & Gas Power Plants Public Infrastructure

8.2.2 Law Enforcement

8.2.3 Precision Agriculture

8.2.4 Media and Entertainment

8.2.5 Retail

8.2.6 Surveying and Mapping

8.2.7 Personal

8.2.8 Education

Chapter 9 Unmanned Aerial Vehicle (UAV) Drones Market – By Geography

9.1 Introduction

9.2 North America

9.2.1 U.S.

9.2.2 Canada

9.2.3 Mexico

9.3 Europe

9.3.1 U.K.

9.3.2 Germany

9.3.3 France

9.3.4 Italy

9.3.5 Spain

9.3.6. Rest of Europe

9.4 APAC

9.4.1 China

9.4.2 Japan

9.4.3 India

9.4.4 South Korea

9.4.5 Australia & New Zealand

9.4.6 Rest of APAC

9.5 South America

9.5.1 Brazil

9.5.2 Argentina

9.5.3 Others

9.6 Middle East & Africa

9.6.1 Middle East

Chapter 10 Unmanned Aerial Vehicle (UAV) Drones Market – Company Profiles

10.1 3D Robotics

10.2 Bae Systems

10.3 Boeing

10.4 DJI

10.5 Elbit

10.6 General Atomics

10.7 General Dynamics

10.8 Israel Aerospace Industries

10.9 Lockheed Martin

10.10 Northrop Grumman

10.11 Raytheon

10.12 Saab Automobile

10.13 Textron

10.14 Thales Group

10.15 Turkishi Aerospace Industries

Chapter 11 Unmanned Aerial Vehicle (UAV) Drones Market – Competitive Landscape

11.1. Market Share Analysis

11.2. Strategies Adopted by top companies

11.3. Mergers, Acquisitions, Collaborations & Agreements

Chapter 12 Market Insights

12.1. Industry Experts Insights

12.2. Analysts Opinions

12.3. Investment Opportunities

Chapter 13 Appendix

13.1 List of Tables

13.2 List of Figures



  • Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
  • Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
  • The Regional and Global Variety is taken care of in the report.
  • Year on Year basis generation of revenue is studied.
  • Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
  • The overview and the sustainability of the market are analyzed through SWOT.
  • DROC is recognized in the current market scenario and see how its effect on market dynamics.
  • The segment-level analysis in terms of type and technology.
  • The value chain analysis, value that's created and captured by a company is the profit margin.Value
  • Created and Captured – Cost of Creating that Value = Margin
  • An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
  • Basis on the depth of the study we approach using analytical tools
  • Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.


©2018 - Envision Inteligence | All Rights Reserved.