Small UAV Market Revenue, Demand, Share Analysis, Company Profiles, and Forecast

The global Small Unmanned Aerial Vehicle (UAV) market size was USD 13.70 Billion in 2022 and is expected to register a rapid revenue CAGR of 24.6% during the forecast period. Rising product demand for Intelligence, Surveillance, Target Acquisition, and Reconnaissance (ISTAR) from the defense sector and increasing need for aerial surveying and mapping are key factors driving market revenue growth.

The report is updated with the impact of the COVID-19 pandemic on the Small UAV market. Every industry vertical across the globe has been affected by the pandemic, and the report assesses if the impact of the pandemic on the Small UAV market has been positive or negative. It also sheds light on the effect of the financial difficulties and supply disruption caused by the pandemic in the overall growth of the market. Furthermore, the report covers a current and future impact assessment of the pandemic on the overall growth of the Small UAV market.

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Competitive Outlook: The leading companies operating in the Small UAV market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Small UAV Market and Profiled in the Report are:

Northrop Grumman, Bayer Tech, DJI, Parrot Drone SAS, Israel Aerospace Industry Ltd., AeroVironment, Inc., Lockheed Martin Corporation, Teledyne FLIR LLC, BAE Systems, Elbit Systems Ltd., AIRBUS, Textron Inc., Autel Robotics, Yuneec, and PowerVision Inc

Objectives of the Report:

Study of the global Small UAV market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Small UAV market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Small UAV market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Small UAV market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

• Type Outlook (Revenue, USD Billion; 2019-2032)
  • Fixed Wing
    1. Conventional Take-Off and Landing (CTOL)
    2. Vertical Take-Off and landing (VTOL)
  • Rotary Wing
    1. Single
    2. Multi
    3. Bicopters
    4. Tricopters
    5. Quadcopters
    6. Hexacopters
    7. Octocopters
  • Hybrid Wing

• Platform Outlook (Revenue, USD Billion; 2019-2032)
  • Civil & Commercial
  • Defense & Government

• Maximum Take-Off Weight Outlook (Revenue, USD Billion; 2019-2032)
  • Less than 5kg
  • 5 to 25kg
  • Above 25 to 150kg

Regional Segmentation:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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