The Unmanned Defense Aerial Vehicle Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
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According to The Business Research Company’s Unmanned Defense Aerial Vehicle Global Market Report 2024, The unmanned defense aerial vehicle market size has grown strongly in recent years. It will grow from $15.16 billion in 2023 to $16.52 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to military modernization, counterterrorism and asymmetric warfare, improved surveillance and reconnaissance, technological advancements.
The unmanned defense aerial vehicle market size is expected to see strong growth in the next few years. It will grow to $23.34 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to growing adoption of armed uavs, counter-drone technologies, geopolitical tensions, urban warfare and asymmetric threats. Major trends in the forecast period include electromagnetic warfare (ew), hybrid-electric uavs, environmental adaptation, maritime and submarine operations.
Increasing spending on defense for unmanned technologies is predicted to contribute to the growth of the unmanned defense aerial vehicle market during the forecast period. According to, US defense procurement is expected to ramp up from $2.5 billion in 2020 to approximately $3.3 billion by the end of 2030. Thus, the increasing spending on R&D by the defense sector on unmanned technologies is anticipated to propel the revenues for the unmanned defense aerial vehicles market over the forthcoming years.
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The unmanned defense aerial vehicle market covered in this report is segmented –
1) By UAV Type: Multi Rotor; Single Rotor; Fixed Wing; Fixed Wing Hybrid VTOL
2) By Range: Visual Line of Sight (VLOS); Extended Visual Line of Sight (EVLOS); Beyond Line of Sight (BLOS)
3) By Technology: Remotely Operated; Semi-Autonomous; Fully-Autonomous
The unmanned defense aerial vehicle market report table of contents includes:
1. Executive Summary
2. Unmanned Defense Aerial Vehicle Market Characteristics
3. Unmanned Defense Aerial Vehicle Market Trends And Strategies
4. Unmanned Defense Aerial Vehicle Market – Macro Economic Scenario
5. Global Unmanned Defense Aerial Vehicle Market Size and Growth
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26. South America Unmanned Defense Aerial Vehicle Market
27. Brazil Unmanned Defense Aerial Vehicle Market
28. Middle East Unmanned Defense Aerial Vehicle Market
29. Africa Unmanned Defense Aerial Vehicle Market
30. Unmanned Defense Aerial Vehicle Market Competitive Landscape And Company Profiles
Top Major Players:
- AeroVironment Inc
- BAE Systems PLC
- SZ DJI Technology Co. Ltd
- Elbit Systems Ltd
- General Atomics Aeronautical Systems Inc
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