The Global Unmanned Defense Aerial Vehicle Market Report by The Business Research Company covers unmanned defense aerial vehicle market drivers and restraints, unmanned defense aerial vehicle market size, major players, and the impact of COVID-19 on the unmanned defense aerial vehicle market.
The unmanned defense aerial vehicle market consists of sales of unmanned aerial vehicles (UAV) and related services to defense. Unmanned aerial vehicles are drones and aircrafts with no onboard human and are guided autonomously. UAVs carry sensors, target designators, aircraft ordnance such as ATGMs, missiles, and bombs, or electronic transmitters that are designed to destroy enemy targets.
Increasing spend on defense for unmanned technologies is predicted to contribute to the growth of unmanned defense aerial vehicle market during the forecast period.
The global unmanned defense aerial vehicle market is expected grow from $6.9 billion in 2020 to $7.71 billion in 2021 at a compound annual growth rate (CAGR) of 11.7%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $18.76 billion in 2025 at a CAGR of 25%.
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Some unmanned defense aerial vehicle market trends include the business expansion by key players operating in the industry.
Global unmanned defense aerial vehicle market segments include:
1) By UAV Type: Multi Rotor, Single Rotor, Fixed Wing, Fixed Wing Hybrid VTOL.
2) By Range: Visual Line Of Sight (VLOS), Extended Visual Line Of Sight (EVLOS), Beyond Line Of Sight (BLOS).
3) By Technology: Remotely Operated, Semi-Autonomous , Fully-Autonomous.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Unmanned Defense Aerial Vehicle Global Market Report 2021: COVID 19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides unmanned defense aerial vehicle market overviews, analyzes and forecasts market size, share, unmanned defense aerial vehicle market players, unmanned defense aerial vehicle market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The unmanned defense aerial vehicle market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Unmanned Defense Aerial Vehicle Global Market Report 2021: COVID 19 Growth And Change to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Boeing, BAE Systems, PLC, DJI, Elbit Systems, General Atomics, Israel Aerospace Industries, Northrop Grumman, Textron, AeroVironment, Lockheed Martin Corporation, 3D Robotics, Action Drone, AguaDrone, Airbus, Autel Robotics, CyPhy, Delair, Dragonfly Innovations Inc., Hubsan, Insitu, Kespry, Parrot, Yuneec International Co. Ltd.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Unmanned Defense Aerial Vehicle Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Unmanned Defense Aerial Vehicle Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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