Autonomous BVLOS Drones Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

BVLOS (Beyond Visual Line of Sight) drones are deployed further than the operator's visual range, allowing them to cover wider distances. Group 1 UAVs with a maximum gross takeoff weight (MGToW) of around 0-20 lbs are small UAVs. Medium UAVs, having an MGToW of around 21-55 lbs, come under category 2 UAVs. In addition, UAVs listed under groups 3, 4, and 5 are referred to as large UAVs with an MGToW of more than 55 lbs. The use of autonomous BVLOS drones for various purposes covers the civil and commercial segments of the industry, including package distribution, critical infrastructure inspection, aerial surveying and mapping, mining, construction, precision agriculture, firefighting, searching, etc. The autonomous BVLOS drones market is has been consistently growing since the past years and is expected to boost in coming years.

MARKET DYNAMICS

The increased need for quality and industrial productivity to be improved is driving the growth of the autonomous BVLOS drones market. However, inadequacy of robust regulatory requirements for the civilian airspace use of these drones may restrain the growth of the autonomous BVLOS drones market. Furthermore, the rising need for last-mile delivery of drones is further anticipated to create market opportunities for the autonomous BVLOS drones market during the forecast period.

MARKET SCOPE

The "Global Autonomous BVLOS Drones Market Analysis to 2031" is a specialized and in-depth study of the autonomous BVLOS drones market with a special focus on the global market trend analysis. The report aims to provide an overview of autonomous BVLOS drones market with detailed market segmentation by type, application, and geography. The global autonomous BVLOS drones market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading autonomous BVLOS drones market players and offers key trends and opportunities in the autonomous BVLOS drones market.

MARKET SEGMENTATION

The global autonomous BVLOS drones market is segmented on the basis of type, and application. On the basis of type, the market is segmented as small UAVs, medium UAVs, and large UAVs. Further on basis of application, the market is segmented as commercial and military.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global autonomous BVLOS drones market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The autonomous BVLOS drones market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting autonomous BVLOS drones market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's five forces analysis highlighting factors affecting the autonomous BVLOS drones market in these regions.

Autonomous BVLOS Drones Market Report Analysis

Autonomous BVLOS Drones Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• AeroVironment, Inc.
• Airbus S.A.S.
• BAE Systems
• Elbit Systems Ltd.
• FLYTREX
• General Atomics
• Northrop Grumman Corporation
• Saab
• SenseFly

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Type

• Small UAVs
• Medium UAVs
• Large UAVs

By Application

• Commercial
• Military

MARKET PLAYERS

The reports cover key developments in the autonomous BVLOS drones market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from autonomous BVLOS drones market are anticipated to lucrative growth opportunities in the future with the rising demand for autonomous BVLOS drones market. Below mentioned is the list of few companies engaged in the autonomous BVLOS drones market.

The report also includes the profiles of key autonomous BVLOS drones market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   AeroVironment, Inc.
  
•   Airbus S.A.S.
  
•   BAE Systems
  
•   Elbit Systems Ltd.
  
•   FLYTREX
  
•   General Atomics
  
•   Northrop Grumman Corporation
  
•   Saab
  
•   SenseFly
  
•   SmartPlanes
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Autonomous BVLOS Drones Market Report Scope