Unmanned Aircraft Systems Market - Forecast (2024 - 2030)

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The growing adoption of new technologies such as artificial intelligence, sense and avoid systems, cloud computing in UAS, created significant demand in the forecast period. The incorporation of artificial intelligence in remotely piloted aircraft systems has not only enhanced their capabilities but has also enabled them to carry out several activities such as take-off, navigation, data capture, data transmission, security surveillance and data analysis without human intervention. Furthermore increasing use of UAS in various military applications such as monitoring, surveying and mapping, and combat operations is also contributing to the growth of the market across the globe. The rise in need for surveying of vast land mass, which contains uneven ground and rocky obstacles, has created demand for UAS, especially micro air vehicles in the construction sector. Furthermore, the growing popularity of aerial photography has led consumers to purchase efficient drones and use them for photography purposes using radio data link technology, thus driving the market growth in the forecast period 2022-2027. One driving factor has been the Russia-Ukraine war which has seen significant spending on UAS solutions.?The Russian military has spent approximately $9 billion to domestically produce an armada of some 500 Unmanned Aircraft Systems. Ukraine, Poland and Belarus have also invested significantly on UAS solutions thereby driving the market in the short term.

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Report Coverage

The report:?“Unmanned Aircraft Systems Market Forecast (2022-2027)”,?by IndustryARC covers an in-depth analysis of the following segments of the Unmanned Aircraft Systems Market report.

By Type – Fixed Wing, Multi Rotor, Single Rotor, Fixed Wing Hybrid VTOL and Others

By Size - Very Small UAS, Small UAS, Mini UAS, Large UAS

By Range - Very Close Range, Close Range, Short Range, Mid Range and Long Range

By Endurance - Low Endurance-Low Altitude, Average Endurance-Low Altitude, Average Endurance-Average Altitude, High Endurance-High Altitude and Others By Energy Source - Traditional Airplane Fuel, Battery Cell, Fuel Cell, Solar Cells/PVs, Others

By Application – Recreation, Education/Academic Research, Real Estate, Industrial, Filmmaking/ Photography/ Videography, First Responder Services, Government Agencies, Survey/Mapping/GIS, Data Aggregation or Analytic services, Oil and Gas, Agriculture and Others

By Geography?- North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Belgium, Russia and Others), APAC(China, Japan India, SK, Australia and Others), South America(Brazil, Argentina, and others), and RoW (Middle East and Africa)

Key Takeaways

• Unmanned Aircraft Systems Market is witnessing a significant growth owing to the global Unmanned Aircraft System Market, with estimation of $52,368.4 million by 2027, growing at CAGR of 14.6% during 2022-2027. Increasing applications of UAS for First Responder services, Government agencies, increasing application of IR/EO cameras in the defense sector and security premises, rising adoption of UAS for Recreation and Filmmaking for best visual experience and for Surveying and Mapping applications are driving the growth of the market.
• The extensive deployment of UAS for defense and military applications majorly for Intelligence, Surveillance and Reconnaissance (ISR) operations is likely to be the major driving factor for the growth of global Unmanned Aircraft Systems Market.
• Night vision cameras, IR/EO sensors, Electronic Warfare, SIGINT and other payloads installed in UAS for ISR Operations has been providing major boost in the market growth of UAS in global level.

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Unmanned Aircraft Systems Market Challenges?

Lack of skilled pilots and vulnerable to hackers

Various UAVs are used by different end-users for their respective applications. The pilots for UAVs in Military & Defense sector are well trained for their purpose. On the other hand, various commercial drones which are used for mapping, surveying and other applications in Real-Estate or Recreation sector lack skilled pilots. This tend to restrain the market growth of UAS in these sectors. Moreover, UAVs are controlled at remote area thus they require a data link with the base control. Hackers can intercept the data link network and access users control system. This can lead to disruption of privacy and can be very handy to people with wrong intentions. For instance, US Central Intelligence Agency (CIA)’s RQ-170 Sentinel stealth UAS, a key weapon in the intelligence gathering arsenal got hacked during operation in Afghanistan. They first jammed its communications links, which disconnected it from ground controllers and made it switch to autopilot. The drone was forced to search for unencrypted GPS frequencies as they sent the UAS with wrong GPS coordinates, tricking it into believing that it was near its home base in Afghanistan.

Unmanned Aircraft Systems Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Semiconductors Market. The Unmanned Aircraft Systems top 10 companies include:

1. Parrot
2. Lockheed Martin
3. DJI
4. Northrop Grumman
5. Thales
6. IAI
7. Airbus
8. Boeing
9. BAE
10. Textron

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