Unmanned Aerial Vehicles (UAV ) Market, By Value and Volume Analysis and forecast, 2015 - 2020

 Published On: Feb, 2016 |    No of Pages: 200 |  Published By: BIS Research | Format: PDF
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Unmanned Aerial Vehicles (UAV) market has witnessed a meteoric growth over the past decade. The overall market growth is attributed majorly to the increasing territorial disputes and threats between nations across the globe. Moreover, the growing proliferation of UAVs in civil and commercial sectors has further triggered the growth of the UAV market. The global UAV market volume is anticipated to reach 4.7 million units by the end of 2020.

This report identifies the global UAV market in different segments such as class, types, application, payload, component, and geography. Moreover, the market volume and value of sub segments of the above mentioned divisions is also mentioned in the report. The report highlights the vital factors impacting the growth of the market which includes a detailed analysis of drivers, restraints, opportunities and challenges in the industry. The major factor restraining the growth of UAV market identified in this report is the imposition of rules and regulations on operating UAVs in the civil airspace. Besides, there are several technological challenges faced by UAV manufacturers including minimization of sensors, increasing endurance, building lightweight UAVs, and making UAVs capable of performing with high precision. The report also includes the value chain analysis of the UAV industry with value addition at every stage. It is identified that the manufacturing of UAVs along with payload integration adds maximum value to the overall price of UAV.

The ongoing UAV programs and the expected amount of funding of the UAVs in the future are included in the report along with the country wise procurements statistics. Key market players for commercial and non-commercial applications are listed in the report. Besides, the organic and inorganic growth strategies of the top players including the new product launches, research & development, mergers and acquisitions, partnerships, collaborations and agreements are exclusively included in the report. Moreover, the market share statistics of commercial and non-commercial UAV manufacturers based on volume for the current year has been incorporated in the report.

The major applications covered include military, homeland security, and commercial applicability. In-depth analysis of sub applications under these major three applications is included in the report. Various commercial applications covered in the report are agriculture, hobby, oil & gas, mapping, surveillance, mining, photography, filming, product delivery, and wildlife research and monitoring, among others. Market volumes of UAVs for Intelligence, surveillance, and reconnaissance along with the combat operations are mentioned in the report. Besides, the several sub applications of UAVs under homeland security such as border security, police investigation, disaster management, search & rescue are identified and analyzed.
Lastly, the detailed company profiles of key UAV manufacturers for commercial as well as non-commercial applications are included in the research study. This section consists of the companyís business overview including financials, sales in different business segments and geographies, research and development spending; products and services of the company; recent developments including organic as well as inorganic developments; SWOT analysis; and the analystís view about the company. Moreover, the competitive analysis of top manufacturers for both commercial as well as non-commercial application is also analyzed in the report.

Executive Summary

The global Unmanned Aerial Vehicle (UAV) market has witnessed a meteoric growth over the past decade. Military UAVs are considered a key component and an integral part of a countryís defense system. The commercial UAVs have witnessed a huge transformation after the exemptions from Federal Aviation Administration (FAA) regulations. Major companies in the UAV market are targeting customers by introducing new and improved applications. The following figure illustrates the estimated and forecasted market volume of UAVs from 2014 to 2020.
Global UAV market volume, units, 2014-2020

a-actual; e-estimated; p-projected
Source: Company Annual Reports, Press Releases, and BIS Research Analysis
Major technological as well as financial advantages of UAVs over their counterparts are driving the UAV market globally. Despite the number of regulations laid down by governmental institutions and FAA over using UAVs in commercial spaces, the UAV manufacturers were successful in launching the UAVs in various applications such as agriculture, mining, photography, filming, product delivery, wildlife research and monitoring, and oil & gas pipeline inspection among others.

Penetration of UAVs in commercial Application
Source: Company annual reports, Press Releases, and BIS Research Analysis
The report also provides a detailed analysis of UAV market in different segments such as market by class, by application, by payload, and by geography. A summary of the complete report is briefed in this chapter, giving a detailed insight on different segments of the UAV market.

The key drivers that will augment the demand for UAVs includes factors such as ongoing conflicts and terrorist attacks, increasing demand for actionable intelligence, need for precision farming and hyper spectral imagery, and the penetration of UAVs in various civil applications. Despite to these, the high accident rates of UAVs, and government regulations on the use of UAVs and their export has restraint the growth of the market to some extent.

An in-depth analysis of UAV applications for all regions has been covered in this report. The geographic segmentation covers major regions including North America, Europe, and Asia-Pacific which are major hubs for UAV manufacturers and payload integrators. The country analysis for this market is covered in the report which included major countries such as the U.S., Canada, Italy, the U.K., Israel, France, Germany, China, India, Japan, and Brazil, among others.

Geographical analysis of UAV market
Source: Company annual reports, Press Releases, and BIS Research Analysis
At the end of the report, a thorough analysis of the key players in the UAV market is provided which focuses on a detailed study based on financials, product portfolio, key developments, competitors, as well as a Strength, Weakness, Opportunity and Threat (SWOT) analysis. Some of the emerging players (which consist of startups) are also discussed under this section.

1 EXECUTIVE SUMMARY 12
1.1 GLOBAL MARKET SCENARIO 13
1.1.1 GLOBAL UAV MARKET, BY VOLUME (UNITS) 13
1.1.2 GLOBAL UAV MARKET, BY VALUE ($MILLION) 14
1.2 UAV MARKEYT, BY CLASS 15
1.3 UAV MARKET, BY COMMERCIAL APPLICATION 16
1.4 UAV MARKET, BY NON-COMMERCIAL APPLICATION 17
1.5 UAV MARKET, BY PAYLOAD 18
1.6 REGIONAL ANALYSIS 19
2 REPORT SCOPE & BIS RESEARCH METHODOLOGY 20
2.1 REPORT SCOPE 21
2.1.1 MARKET SEGMENTATION 21
2.1.2 ASSUMPTIONS & LIMITATIONS 22
2.1.3 STAKEHOLDERS 23
2.2 RESEARCH METHODOLOGY 24
2.2.1 MARKET ESTIMATION 25
2.2.2 MARKET SIZE ESTIMATION 27
2.2.3 MARKET SHARE ESTIMATION 29
2.2.3.1 MARKET ESTIMATION METHODOLOGY: SECONDARY DATA SOURCES 29
2.2.3.2 MARKET ESTIMATION METHODOLOGY: PRIMARY DATA SOURCES 30
3 INDUSTRY ANALYSIS 31
3.1 EVOLUTION OF UAV 32
3.2 VALUE CHAIN ANALYSIS 33
3.3 ON-GOING UAV PROJECTS1 34
3.4 ON-GOING UAV PROJECTS2 36
3.5 FUTURE UAV PROGRAM 36
3.6 UAV FUNDINGS AND PROCUREMENT 37
3.6.1 AUSTRIA UAV PROCUREMENTS, 2008-2015 (UNITS) 37
3.6.2 FRANCE UAV PROCUREMENTS, 2008-2015 (UNITS) 37
3.6.3 GERMANY UAV PROCUREMENTS, 2008-2015 (UNITS) 38
3.6.4 U.K. UAV PROCUREMENTS, 2008-2015 (UNITS) 38
3.6.5 SWEDEN UAV PROCUREMENTS, 2008-2015 (UNITS) 39
3.6.6 ITALY UAV PROCUREMENTS, 2008-2015 (UNITS) 39
3.6.7 JAPAN UAV PROCUREMENTS, 2015 (%) 40
3.6.8 INDIA UAV PROCUREMENTS, 2015 (%) 40
3.6.9 U.S. UAV PROCUREMENTS, 2011-2015 ($MILLION) 41
3.6.10 CHINA FUNDINGS, 2015 (%) 41
4 MARKET DYNAMICS 42
4.1 INTRODUCTION 43
4.2 DRIVERS 44
4.3 RESTRAINTS 46
4.4 OPPORTUNITIES 47
4.5 CHALLENGES 48
5 COMPETITIVE INSIGHTS 49
5.1 GROWTH STRATEGIES 50
5.2 KEY MARKET PLAYERS 51
5.3 MARKET SHARE ANALYSIS 52
5.3.1 MARKET SHARE OF COMMERCIAL UAV MANUFACTURERS (BASED ON VOLUME 52
5.3.2 MARKET SHARE OF NON-COMMERCIAL UAV MANUFACTURERS (BASED ON REVENUE) 52
5.4 KEY MARKET DEVELOPMENTS 53
5.4.1 NEW PRODUCT LAUNCHES & DEVELOPMENTS 54
5.4.2 MERGERS & ACQUISITIONS 56
5.4.3 AGREEMENTS, PARTNERSHIPS, JV, & CONTRACTS 57
5.4.4 MOTHER DEVELOPMENTS 63
6 UAV MARKET SIZE BY CLASS 64
6.1 UAV, BY CLASS 65
6.2 UAV SPENDINGS BY RANGE 66
6.3 UAV MARKET, BY CLASS 67
6.3.1 SMALL UAV MARKET 69
6.3.1.1 SMALL UAV MARKET, BY TYPE 70
6.3.1.2 SMALL UAV BY APPLICATION 71
6.3.2 LARGE UAV MARKET 73
6.3.2.1 LARGE UAV MARKET, BY TYPE 74
6.3.2.2 LARGE UAV BY APPLICATION 75
7 UAV MARKET SIZE BY PAYLOAD 76
7.1 CAMERA INSTALLED IN UAVS 77
7.1.1 CAMERA INSTALLATION IN UAV BY TYPE & APPLICATION 78
7.2 UAV MARKET VOLUME BY SENSOR TYPE 79
7.3 HIGH SPEED DATA COMMUNICATION SYSTEMS IN UAVS 80
7.4 INERTIAL NAVIGATION SYSTEM & MEMES AHRS IN UAVS 81
7.5 AUTOPILOTS IN UAVS 82
7.6 ELECTRONIC WARFARE SYSTEMS IN UAVS 83
7.7 SENSE AND AVOID SYSTEMS IN UAVS 84
8 INDUSTRY INSIGHTS ON COMPONENTS OF UAVS 85
8.1 INTRODUCTION 86
8.2 PROPULSION SYSTEMS IN UAV 87
8.2.1 PROPULSION SYSTEMS IN UAV BY MODELS 88
8.3 PAYLOADS IN UAVS 89
8.4 AIRFRAMES OF UAVS 90
9 UAV MARKET SIZE BY APPLICATION 91
9.1 INTRODUCTION 92
9.2 UAV MARKET, BY COMMERCIAL APPLICATION 93
9.2.1 COMMERCIAL UAV MARKET VOLUME BY GEOGRAPHY 94
9.2.2 COMMERCIAL UAV MARKET VALUE BY GEOGRAPHY 95
9.2.3 COMMERCIAL UAV MANUFACTURERS DENSITY 96
9.2.4 COMMERCIAL UAV KEY PLAYERS ANALYSIS 97
9.2.5 COMMERCIAL UAV FAA REGULATIONS 98
9.3 COMMERCIAL UAV MARKET, BY SUB-APPLICATIONS 99
9.3.1 CCOMMERCIAL UAV MARKET VOLUME, BY SUB-APPLICATIONS 100
9.3.2 COMMERCIAL UAV MARKET VALUE, BY SUB-APPLICATIONS 101
9.3.3 COMMERCIAL UAV MARKET SHARE BY SUB-APPLICATION 103
9.3.4 AGRICULTURE UAV APPLICATION 104
9.3.4.1 UAV PLAYERS IN AGRICULTURE MARKET 105
9.3.5 HOBBY UAV APPLICATION 106
9.3.6 PHOTOGRAPHY & EVENT SHOOTING UAV APPLICATION 107
9.3.7 MAPPING & SURVEILLANCE UAV APPLICATION 108
9.3.8 FILM PRODUCTION & MARKETING UAV APPLICATION 109
9.3.9 OIL & GAS UAV APPLICATION 110
9.3.10 WILDLIFE RESEARCH & MONITORING 111
9.3.11 METEROLOGY UAV APPLICATION 112
9.3.12 MINING & NATUIRAL RESOURCE EXPLORATION 113
9.3.13 PRODUCT DELIVERY UAV APPLICATION 114
9.3.14 OTHER COMMERCIAL UAV APPLICATIONS 115
9.4 MILITARY UAV APPLICATION 116
9.4.1 UAV MANUFACTURER DENSITY IN MILITARY APPLICATION 117
9.4.2 KEY UAV MANUFACTURERS IN MILITARY APPLICATION 118
9.4.3 MILITARY UAV IMPORTS BY COUNTRY 119
9.4.4 MILITARY UAV APPLICATION MARKET BY GEOGRAPHY 120
9.4.4.1 MILITARY APPLICATION: UAV MARKET VOLUME, BY GEOGRAPHY (UNITS) 120
9.4.4.2 MILITARY APPLICATION: UAV MARKET VALUE, BY GEOGRAPHY ($MILLION) 121
9.4.5 MILITARY UAV MARKET, BY SUB-APPLICATIONS 122
9.4.5.1 MILITARY APPLICATION: UAV MARKET VOLUME, BY SUB-APPLICATIONS (UNITS) 122
9.4.5.2 MILITARY APPLICATION: UAV MARKET VALUE, BY SUB-APPLICATIONS ($MILLION) 123
9.4.5.3 ISR 124
9.4.5.4 COMBAT OR TARGET NEUTRALIZATION 124
9.5 HOMELAND SECURITY UAV APPLICATION MARKET 125
9.5.1 HOMELAND SECURITY UAV MARKET BY REGION 126
9.5.2 HOMELAND SECURITY UAV MARKET, BY SUB-APPLICATIONS 127
9.5.2.1 BORDER SECURITY & SURVEILLANCE 128
9.5.2.2 POLICE INVESTIGATION 128
9.5.2.3 TRAFFIC MONITORING 129
9.5.2.4 SEARCH & RESCUE 129
9.5.2.5 DISASTER MANAGEMENT 130
10 UAV MARKET SIZE, BY GEOGRAPHY 131
10.1 INTRODUCTION 132
10.2 NORTH AMERICA 133
10.2.1 NORTH AMERICA: UAV MARKET, BY APPLICATION 134
10.2.1.1 UAV MARKET IN NORTH AMERICA, BY APPLICATION (UNITS) 134
10.2.1.2 UAV MARKET IN NORTH AMERICA, BY APPLICATION ($MILLION) 135
10.2.2 NORTH AMERICAN COUNTRIES UAV MARKET SIZE, BY APPLICATION 136
10.2.2.1 UAV COMMERCIAL UAV APPLICATION MARKET IN NORTH AMERICA, BY COUNTRY 136
10.2.2.2 MILITARY UAV APPLICATION MARKET IN NORTH AMERICA 137
10.3 EUROPE 138
10.3.1 EUROPE UAV MARKET, BY APPLICATION 139
10.3.1.1 UAV MARKET IN EUROPE, BY APPLICATION (UNITS) 139
10.3.1.2 UAV MARKET IN EUROPE, BY APPLICATION ($MILLION) 140
10.3.2 EUROPEAN COUNTRIES UAV MARKET, BY APPLICATION 141
10.3.2.1 COMMERCIAL UAV APPLICATION MARKET IN EUROPE, BY COUNTRY 141
10.3.2.2 EUROPE: MILITARY UAV APPLICATION MARKET, BY COUNTRY 142
10.3.2.3 EUROPE: HOMELAND SECURITY UAV APPLICATION MARKET, BY COUNTRY 143
10.4 APAC 144
10.4.1 APAC UAV MARKET, BY APPLICATION 145
10.4.1.1 UAV MARKET IN APAC, BY APPLICATION (UNITS) 145
10.4.1.2 UAV MARKET IN APAC, BY APPLICATION ($MILLION) 146
10.4.2 APAC COUNTRIES UAV MARKET, BY APPLICATION 147
10.4.2.1 COMMERCIAL UAV APPLICATION MARKET IN APAC, BY COUNTRY 147
10.4.2.2 APAC: MILITARY UAV APPLICATION MARKET, BY COUNTRY 148
10.5 ROW 149
10.5.1 ROW UAV MARKET, BY APPLICATION 150
10.5.1.1 UAV MARKET IN ROW, BY APPLICATION (UNITS) 150
10.5.1.2 UAV MARKET IN ROW, BY APPLICATION ($MILLION) 151
10.5.2 ROW: MAJOR COUNTRIES UAV MARKET, BY APPLICATION 152
10.5.2.1 COMMERCIAL UAV APPLICATION MARKET IN ROW, BY COUNTRY 152
10.5.2.2 ROW: MILITARY UAV APPLICATION MARKET, BY COUNTRY 153
10.5.2.3 ROW: HOMELAND SECURITY UAV APPLICATION MARKET, BY COUNTRY 154
11 COMPANY PROFILES 155
11.1 KEY PLAYER ANALYSIS BY REGION 156
11.2 NORTHROP GRUMMAN 157
11.3 LOCKHEED MARTIN CORPORATION 162
11.4 THE BOEING COMPANY 167
11.5 AEROVIRONMENT INC. 172
11.6 THALES GROUP 177
11.7 BAE SYSTEMS 182
11.8 SAAB AB 187
11.9 ELBIT SYSTEMS LTD. 192
11.10 DASSAULT AVIATION 197
11.11 AIRBUS GROUP (EADS) 202
11.12 CYBAERO AB 207
11.13 IAI 211
11.14 GENERAL ATOMICS 214
11.15 DJI INNOVATIONS 216
11.16 3D ROBOTICS 218
11.17 PARROT 220
12 APPENDIX 225
12.1 KEY INDUSTRY INSIGHTS 226
12.2 SOURCES 227
12.3 ABBREVIATIONS 228
12.4 RELATED REPORTS


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