Tactical UAV Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Tactical UAVs are heavier UAVs (from 150 to 1,500 kilograms) that fly at higher altitudes (from 3,000 to 8,000 meters) and are currently used primarily to support military applications. Tactical UAV is responsible for surveillance as well as reconnaissance missions. There are various types of tactical UAV's available in the market such as close-range (CR) UAVs, medium-range endurance (MRE) UAVs, short-range (SR) UAVs, low-altitude deep penetration (LADP) UAVs, medium-range (MR) UAVs, and low-altitude long-endurance (LALE) UAVs. All these types of tactical UAVs are being used for military, homeland security, civil & commercial, and others type of securities.

MARKET SCOPE

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

MARKET SEGMENTATION

•   On the basis of type, the market is segmented as close-range (CR) UAVs, medium-range endurance (MRE) UAVs, short-range (SR) UAVs, low-altitude deep penetration (LADP) UAVs, medium-range (MR) UAVs, and low-altitude long-endurance (LALE) UAVs.
  
•   On the basis of application, the market is segmented as military, homeland security, and others.
  

MARKET DYNAMICS
Drivers:

•   The increasing technological developments of drone payloads, and mounting usage of UAV's to fight terrorism across various region.
  
•   The growing inclination for modern warfare techniques by defense forces, and rising deployment of UAVs for aerial remote sensing.
  

Restraints:

•   The several issues associated with the acceptance of UAVs politically and socially, and shortage of skilled & trained workforces for operating UAVs.
  

REGIONAL FRAMEWORK

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

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive porter's five forces analysis affecting the Tactical UAVs market.

IMPACT OF COVID-19 ON TACTICAL UAVS MARKET

In 2021, COVID-19 had become a global pandemic, resulting in nationwide lockdowns and economic slowdown. Multiple aspects of life have been impacted by this circumstance, ranging from consumer products to industrial activity. National and international transportation has been delayed as a result of the various countries' lockdowns, which has had a substantial influence on the tactical UAVs supply chain around the world, widening the supply-demand imbalance. As a result, insufficient raw material supply is predicted to slow down the manufacturing rate of these systems, reducing market growth. Furthermore, as a result of COVID-19's consequences, the manufacturing procedures for tactical UAVs have severely slowed. This is due to production halts and interrupted supply chains, which have impacted the market's global operations and revenue. However, the situation is anticipated to improve as governments around the world begin to reduce regulations to allow businesses to resume operations in 2021. For instance, in April 2021, the German Government approved a US$ 3.59 billion worth contract to develop a European military drone. Airbus, Dassault, and Leonardo are expected to build the drone. The German military will receive 12 ground control stations, 21 drones, and four simulators from the joint project with France, Spain, and Italy, with delivery, anticipated to start in 2031. Further, in January 2021, IdeaForge received a contract from the Indian government of approximately US$ 20 million for undisclosed quantities of a high-altitude variant of ideaForge's SWITCH UAV, delivered over one year. Such developments, procurements, and contracts of new drones for the defense forces are anticipated to drive the growth of tactical UAVs in the coming years (2022-2031).

Tactical UAV Market Report Analysis

Tactical UAV 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

• Aeronautics Ltd.
• Safran S.A.
• Boeing
• AeroVironment, Inc.
• Elbit Systems Ltd.
• BlueBird Aero Systems Ltd.
• Baykar
• General Atomics
• Leonardo S.p.A.

Regional Overview

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

Market Segmentation

By Types

• Close-Range UAVs
• Short-Range UAVs
• Medium-Range UAVs
• Low-Altitude Deep Penetration UAVs
• Low-Altitude Long-Endurance UAVs
• Medium-Range Endurance UAVs

By Application

• Military
• Homeland Security

MARKET PLAYERS

The report covers key developments in the Tactical UAVs 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 marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Tactical UAVs market are anticipated to lucrative growth opportunities in the future with the rising demand for Tactical UAVs in the global market.

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

•   Aeronautics Ltd.
  
•   Safran S.A.
  
•   Boeing
  
•   AeroVironment, Inc.
  
•   Elbit Systems Ltd.
  
•   BlueBird Aero Systems Ltd.
  
•   Baykar
  
•   General Atomics
  
•   Leonardo S.p.A.
  
•   Northrop Grumman Corporation
  

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.

Tactical UAV Market Report Scope