DUBLIN--(BUSINESS WIRE)--The "Unmanned Aerial Vehicle (UAV) Market by Application, Class, System (UAV Platforms, UAV Payloads, UAV GCS, UAV Data Links, UAV Launch and Recovery Systems), UAV Type, Mode of Operation, Range, Point of Sale, MTOW, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The UAV market is projected to grow from USD 20.71 billion in 2018 to USD 52.30 billion by 2025, at a CAGR of 14.15% during the forecast period.
The European and Latin American regions are expected to be the new revenue-generating markets for unmanned aerial vehicles. Exemptions made by the Federal Aviation Administration (FAA) to allow the use of UAVs in several industries are also contributing to the growth of the UAV market.
Based on type, the fixed-wing UAVs segment is estimated to lead the UAV market in 2018. Fixed-wing UAVs have longer endurance as compared to other UAVs, thereby making them suitable for use in commercial and military applications.
Based on class, the strategic UAVs segment is estimated to lead the UAV market in 2018. The growth of the strategic UAVs segment can be attributed to the extensive use of MALE and HALE UAVs by defense forces worldwide to obtain situational awareness for threat evaluation during combat operations.
Based on application, the military segment is estimated to lead the UAV market in 2018. The growth of the military segment can be attributed to the increasing use of UAVs in various military applications, such as intelligence, surveillance, and reconnaissance (ISR) and electronic warfare.
Companies Mentioned
- 3D Robotics
- Aeronautics
- Aerovironment
- BAE Systems
- Boeing
- DJI
- Elbit Systems
- General Atomics
- General Dynamics
- Israel Aerospace Industries
- Lockheed Martin
- Northrop Grumman
- Parrot
- Raytheon
- Saab
- Textron
- Thales
- Turkish Aerospace Industries
Key Topics Covered
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 UAV Market, By System
8 UAV Market, By Application
9 UAV Market, By Class
10 UAV Market, By UAV Type
11 UAV Market, By Mode of Operation
12 UAV Market, By Range
13 UAV Market, By MTOW
14 UAV Market, By Point of Sale
15 Regional Analysis
16 Competitive Landscape
17 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/wljn25/global_unmanned?w=4
