Unmanned Aerial Vehicles (UAV) Market To Reach USD 36.2 Billion In 2024 | CAGR 14.69% - Forencis Research

Unmanned Aerial Vehicles (UAV) Market Size, Share, Trends, Growth, Analysis, Research

Unmanned Aerial Vehicles (UAV) Market: Summary

The global unmanned aerial vehicles (UAV) market is estimated to reach USD 36.2 Billion in 2024 at a CAGR of 14.69%. Increase use of UAVs in commercial & civil application, Preference of UAVs in critical military missions, and increased usage in search and rescue operation and less expensive as compared to manned aircrafts is expected to drive the UAV market during the forecast period.

Unmanned Aerial Vehicles (UAV) Market

Unmanned Aerial Vehicles (UAV) Market: Report Synopsis

This market research report offers a comprehensive analysis of key market trends in the global UAV market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. Based on components, the UAV market can be segmented into UAV LiDAR, UAV gimbals, UAV radar, UAV data links, UAV ground control stations, UAV launch & recovery systems, UAV sensors and others. The segmentation by type includes fixed-wing, multi–rotor, single-rotor helicopter and fixed-wing hybrid VTOL. The segmentation by range includes very close range UAVs, close range UAVs, short range UAVs, mid-range UAVs and endurance UAVs. The segmentation by enduser includes agriculture, construction, defense & security, transportation and warehousing, energy, mining, oil & gas extraction, media & entertainment, wildlife & forestry and others. The regional analysis is covered under five major regions such as North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

Unmanned Aerial Vehicles (UAV) Market: Report Scope

The report on the UAV market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features


Historical/Estimated/Forecasted Market Size Years


Base Year for Market Calculation


Forecasted Period

2019-2024 (2019 estimated year, forecasted up to 2024)

Measured Units

Value (USD Million) Volume (Units)

Segments Included

Components, Type, Range End User and Region

Regional Coverage

Asia-Pacific, North America, Europe, South America, Middle East & Africa and South America

Companies Covered

  • 3D Robotics, Inc. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • AeroVironment, Inc.
  • Airbus S.A.S.
  • BAE Systems.
  • DJI
  • Elbit Systems Ltd.,
  • FLIR Systems, Inc.
  • General Atomics.
  • Other Key Companies

*Provided for top 10 companies. Subject to availability in public domain.

Research Design

Forencis Research follows robust and deep dive research methodologies to deliver accurate – current, estimated and forecasted market data. Our extensive primary and secondary research help in deriving reliable qualitative and quantitative data to provide verified market insights. Our research team tracks historic trends, existing and recent market dynamics, growth prospects, competitor landscape, and the entire value chain dynamics to attain reliable industry facts to reach accurate market estimates. Primary research is conducted through thorough interviews and detailed surveys with the Key Industry Experts and related participants across the value chain. Secondary research entails acquiring data through paid and reliable databases such as annual reports, SEC filings, research publications, association publications, investor presentations, white papers and other sources. All the above-obtained information is further processed and collated with our existing database prior to its presentation in our publications.

About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”. 


Key Questions answered by the report

  • What are the major developments impacting the UAV market and its growth?
  • What will be the effects of the developments in the UAV market on the industry and on the market players in the near and far future?
  • What are the evolving types of the UAV market?
  • What are the evolving applications of UAV market?
  • What are the major characteristics that will affect the UAV market growth during the study period?
  • Who are the key players operating in the UAV market?
  • How are the major players leveraging in the existing market conditions?

Report Audience

  • UAV Market Providers
  • UAV Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of UAV Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms


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Rep Id : AnD 018

Published : 2019-12-04