Tactical UAV Market Size & CAGR (2023-2031)
The Tactical UAV Market is expected to register a CAGR of 9.2% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Type (Fixed Wing, Rotary Wing, Hybrid), Application (Lethal, Stealth, Loitering Munition, Target). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Tactical UAV Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Tactical UAV Market Segmentation
Type- Fixed Wing
- Rotary Wing
- Hybrid
- Lethal
- Stealth
- Loitering Munition
- Target
Strategic Insights
Tactical UAV Market Growth Drivers- Increased Military Spending: Many countries are significantly increasing their defense budgets, which directly contributes to the growth of the tactical UAV market. This spending is driven by the need for enhanced surveillance, reconnaissance, and combat capabilities in modern warfare. Tactical UAVs provide an efficient means to gather intelligence and conduct operations without risking human lives, making them an attractive investment for military forces. As nations prioritize advanced technologies, the demand for tactical UAVs is expected to rise.
- Rapid Advancement in Drone Technology: The rapid development of drone technology has been a major catalyst for the tactical UAV market. Innovations such as improved sensors, advanced communication systems, and artificial intelligence integration have enhanced the operational capabilities of UAVs. These advancements enable better real-time data analysis, improved flight endurance, and greater operational flexibility. As these technologies continue to evolve, they will likely lead to more sophisticated tactical UAV systems that can perform a wider range of missions effectively.
- Shift Towards Autonomous Systems: A significant trend in the tactical UAV market is the movement towards greater autonomy in UAV operations. With advancements in AI and machine learning, UAVs are being developed with capabilities for autonomous navigation, decision-making, and mission execution. This shift reduces the reliance on human operators, allowing for more efficient and timely responses to dynamic battlefield situations. As autonomous technology matures, it is expected to redefine the operational capabilities of tactical UAVs.
- ising Focus on Enhanced Payload Capacities: Another emerging trend is the enhancement of payload capacities in tactical UAVs. Manufacturers are focusing on developing UAVs that can carry a variety of payloads, including advanced surveillance equipment, weapons systems, and communication devices. This versatility allows tactical UAVs to perform multiple roles, from intelligence gathering to direct engagement in combat. As military forces seek multifunctional systems that can adapt to various missions, the demand for UAVs with increased payload capabilities will likely grow.
- Expansion of tactical YAV technology for Civilian Applications: While primarily used in military contexts, tactical UAV technology is finding increasing applications in civilian sectors such as agriculture, disaster response, and infrastructure inspection. The adaptability of UAVs for various purposes opens new avenues for growth outside traditional defense markets. Companies can explore partnerships with governmental and non-governmental organizations to utilize UAVs for search and rescue missions, environmental monitoring, and surveillance, creating a broader customer base.
- Integration with Manned Systems: The integration of tactical UAVs with manned systems is becoming increasingly prevalent. This trend involves using tactical UAVs to complement conventional aircraft and ground forces, providing enhanced situational awareness and operational synergy. By leveraging real-time data from UAVs, commanders can make more informed decisions and execute missions more effectively. As military strategies evolve towards integrated operations, the collaboration between manned and unmanned systems will significantly shape the tactical UAV market.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Tactical UAV Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Tactical UAV Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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Frequently Asked Questions
Some of the customization options available based on request are additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the major trends driving the tactical UAV market are:
1. Emerging Demand from Homeland Security Applications
2. Price Reduction of Drone Components
The Tactical UAV Market is estimated to witness a CAGR of 9.2% from 2023 to 2031
The major factors driving the tactical UAV market are:
1. Rising Military Budget of Different Nations
2. Increasing Deployment of Combat UAVs
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Tactical UAV Market - By Types
1.3.2 Tactical UAV Market - By Application
1.3.3 Tactical UAV Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. TACTICAL UAV MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. TACTICAL UAV MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. TACTICAL UAV MARKET - GLOBAL MARKET ANALYSIS
6.1. TACTICAL UAV - GLOBAL MARKET OVERVIEW
6.2. TACTICAL UAV - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. TACTICAL UAV MARKET - REVENUE AND FORECASTS TO 2028 - TYPES
7.1. OVERVIEW
7.2. TYPES MARKET FORECASTS AND ANALYSIS
7.3. CLOSE-RANGE (CR) UAVS
7.3.1. Overview
7.3.2. Close-Range (CR) UAVs Market Forecast and Analysis
7.4. SHORT-RANGE (SR) UAVS
7.4.1. Overview
7.4.2. Short-Range (SR) UAVs Market Forecast and Analysis
7.5. MEDIUM-RANGE (MR) UAVS
7.5.1. Overview
7.5.2. Medium-Range (MR) UAVs Market Forecast and Analysis
7.6. LOW-ALTITUDE DEEP PENETRATION (LADP) UAVS
7.6.1. Overview
7.6.2. Low-Altitude Deep Penetration (LADP) UAVs Market Forecast and Analysis
7.7. LOW-ALTITUDE LONG-ENDURANCE (LALE) UAVS
7.7.1. Overview
7.7.2. Low-Altitude Long-Endurance (LALE) UAVs Market Forecast and Analysis
7.8. MEDIUM-RANGE ENDURANCE (MRE) UAVS
7.8.1. Overview
7.8.2. Medium-Range Endurance (MRE) UAVs Market Forecast and Analysis
8. TACTICAL UAV MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. MILITARY
8.3.1. Overview
8.3.2. Military Market Forecast and Analysis
8.4. HOMELAND SECURITY
8.4.1. Overview
8.4.2. Homeland Security Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. TACTICAL UAV MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Tactical UAV Market Overview
9.1.2 North America Tactical UAV Market Forecasts and Analysis
9.1.3 North America Tactical UAV Market Forecasts and Analysis - By Types
9.1.4 North America Tactical UAV Market Forecasts and Analysis - By Application
9.1.5 North America Tactical UAV Market Forecasts and Analysis - By Countries
9.1.5.1 United States Tactical UAV Market
9.1.5.1.1 United States Tactical UAV Market by Types
9.1.5.1.2 United States Tactical UAV Market by Application
9.1.5.2 Canada Tactical UAV Market
9.1.5.2.1 Canada Tactical UAV Market by Types
9.1.5.2.2 Canada Tactical UAV Market by Application
9.1.5.3 Mexico Tactical UAV Market
9.1.5.3.1 Mexico Tactical UAV Market by Types
9.1.5.3.2 Mexico Tactical UAV Market by Application
9.2. EUROPE
9.2.1 Europe Tactical UAV Market Overview
9.2.2 Europe Tactical UAV Market Forecasts and Analysis
9.2.3 Europe Tactical UAV Market Forecasts and Analysis - By Types
9.2.4 Europe Tactical UAV Market Forecasts and Analysis - By Application
9.2.5 Europe Tactical UAV Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Tactical UAV Market
9.2.5.1.1 Germany Tactical UAV Market by Types
9.2.5.1.2 Germany Tactical UAV Market by Application
9.2.5.2 France Tactical UAV Market
9.2.5.2.1 France Tactical UAV Market by Types
9.2.5.2.2 France Tactical UAV Market by Application
9.2.5.3 Italy Tactical UAV Market
9.2.5.3.1 Italy Tactical UAV Market by Types
9.2.5.3.2 Italy Tactical UAV Market by Application
9.2.5.4 United Kingdom Tactical UAV Market
9.2.5.4.1 United Kingdom Tactical UAV Market by Types
9.2.5.4.2 United Kingdom Tactical UAV Market by Application
9.2.5.5 Russia Tactical UAV Market
9.2.5.5.1 Russia Tactical UAV Market by Types
9.2.5.5.2 Russia Tactical UAV Market by Application
9.2.5.6 Rest of Europe Tactical UAV Market
9.2.5.6.1 Rest of Europe Tactical UAV Market by Types
9.2.5.6.2 Rest of Europe Tactical UAV Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Tactical UAV Market Overview
9.3.2 Asia-Pacific Tactical UAV Market Forecasts and Analysis
9.3.3 Asia-Pacific Tactical UAV Market Forecasts and Analysis - By Types
9.3.4 Asia-Pacific Tactical UAV Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Tactical UAV Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Tactical UAV Market
9.3.5.1.1 Australia Tactical UAV Market by Types
9.3.5.1.2 Australia Tactical UAV Market by Application
9.3.5.2 China Tactical UAV Market
9.3.5.2.1 China Tactical UAV Market by Types
9.3.5.2.2 China Tactical UAV Market by Application
9.3.5.3 India Tactical UAV Market
9.3.5.3.1 India Tactical UAV Market by Types
9.3.5.3.2 India Tactical UAV Market by Application
9.3.5.4 Japan Tactical UAV Market
9.3.5.4.1 Japan Tactical UAV Market by Types
9.3.5.4.2 Japan Tactical UAV Market by Application
9.3.5.5 South Korea Tactical UAV Market
9.3.5.5.1 South Korea Tactical UAV Market by Types
9.3.5.5.2 South Korea Tactical UAV Market by Application
9.3.5.6 Rest of Asia-Pacific Tactical UAV Market
9.3.5.6.1 Rest of Asia-Pacific Tactical UAV Market by Types
9.3.5.6.2 Rest of Asia-Pacific Tactical UAV Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Tactical UAV Market Overview
9.4.2 Middle East and Africa Tactical UAV Market Forecasts and Analysis
9.4.3 Middle East and Africa Tactical UAV Market Forecasts and Analysis - By Types
9.4.4 Middle East and Africa Tactical UAV Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Tactical UAV Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Tactical UAV Market
9.4.5.1.1 South Africa Tactical UAV Market by Types
9.4.5.1.2 South Africa Tactical UAV Market by Application
9.4.5.2 Saudi Arabia Tactical UAV Market
9.4.5.2.1 Saudi Arabia Tactical UAV Market by Types
9.4.5.2.2 Saudi Arabia Tactical UAV Market by Application
9.4.5.3 U.A.E Tactical UAV Market
9.4.5.3.1 U.A.E Tactical UAV Market by Types
9.4.5.3.2 U.A.E Tactical UAV Market by Application
9.4.5.4 Rest of Middle East and Africa Tactical UAV Market
9.4.5.4.1 Rest of Middle East and Africa Tactical UAV Market by Types
9.4.5.4.2 Rest of Middle East and Africa Tactical UAV Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Tactical UAV Market Overview
9.5.2 South and Central America Tactical UAV Market Forecasts and Analysis
9.5.3 South and Central America Tactical UAV Market Forecasts and Analysis - By Types
9.5.4 South and Central America Tactical UAV Market Forecasts and Analysis - By Application
9.5.5 South and Central America Tactical UAV Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Tactical UAV Market
9.5.5.1.1 Brazil Tactical UAV Market by Types
9.5.5.1.2 Brazil Tactical UAV Market by Application
9.5.5.2 Argentina Tactical UAV Market
9.5.5.2.1 Argentina Tactical UAV Market by Types
9.5.5.2.2 Argentina Tactical UAV Market by Application
9.5.5.3 Rest of South and Central America Tactical UAV Market
9.5.5.3.1 Rest of South and Central America Tactical UAV Market by Types
9.5.5.3.2 Rest of South and Central America Tactical UAV Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. TACTICAL UAV MARKET, KEY COMPANY PROFILES
11.1. AERONAUTICS LTD.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. SAFRAN S.A.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BOEING
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. AEROVIRONMENT, INC.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. ELBIT SYSTEMS LTD.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. BLUEBIRD AERO SYSTEMS LTD.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. BAYKAR
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. GENERAL ATOMICS
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. LEONARDO S.P.A.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. NORTHROP GRUMMAN CORPORATION
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Aeronautics Ltd.
2.Safran S.A.
3.Boeing
4.AeroVironment, Inc.
5.Elbit Systems Ltd.
6.BlueBird Aero Systems Ltd.
7.Baykar
8.General Atomics
9.Leonardo S.p.A.
10.Northrop Grumman Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.