NEW YORK, Feb. 17, 2023 /PRNewswire/ — According to Technavio, the global unmanned combat aerial vehicle (UCAV) market size is estimated to grow by USD 1,061.1 million from 2022 to 2027. The market is estimated to grow at a CAGR of 6.74%. Moreover, the growth momentum will accelerate. North America will account for 33% of the growth of the global market during the forecast period. The report includes historic market data from 2017 to 2021. In 2017, the unmanned combat aerial vehicle (UCAV) market was valued at USD 2,063.31 million. For more Insights on market Request a sample report
Technavio has announced its latest market research report titled Global Unmanned Combat Aerial Vehicle (UCAV) Market 2023-2027
Unmanned combat aerial vehicle (UCAV) market – Five forces
The global unmanned combat aerial vehicle (UCAV) market is fragmented, and the five forces analysis covers –
Bargaining Power of Buyers
The threat of New Entrants
Threat of Rivalry
Bargaining Power of Suppliers
Threat of Substitutes
For an interpretation of Porter’s five forces model– buy the report!
Unmanned combat aerial vehicle (UCAV) market – Customer landscape
The report includes the market’s adoption lifecycle, from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Unmanned combat aerial vehicle (UCAV) market – Segmentation assessment
Segment overview
Technavio has segmented the market based on type (medium-altitude UCAV and high-altitude UCAV) and platform (defense, government, civil, and commercial).
The medium-altitude UCAV segment will grow at a significant rate during the forecast period. Defense authorities are concentrating on the development of medium-altitude UCAVs rather than land-based UAVs due to their surveillance and strike capabilities in response to the growing requirement for multi-purpose UAVs. These unmanned combat aerial vehicles (UCAVs) are more combat-durable than manned aircraft and can handle stealthy, discrete, and strategic tasks. Medium-altitude UCAVs are offered by numerous suppliers. These factors will accelerate market expansion during the forecast period.
Geography overview
By geography, the global unmanned combat aerial vehicle (UCAV) market is segmented into North America, Europe, APAC, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global unmanned combat aerial vehicle (UCAV) market.
North America is estimated to account for 33% of the growth of the global market during the forecast period. The need for UCAVs has grown significantly as the nation works to reduce the number of personnel losses during missions with a high degree of danger. The nation anticipates the creation of affordable unmanned aerial vehicles (UCAVs) that can be quickly deployed for a variety of high-risk tasks. The US Air Force has worked with Composite Engineering (CEI) Unmanned Systems division in Sacramento, California, US, to develop a low-cost UCAV technology that can successfully carry out aerial attacks in remote areas where forward basing is challenging. This has been done in response to the growing demand for low-cost attack drones. These factors will accelerate market expansion during the forecast period.
Unmanned combat aerial vehicle (UCAV) market – Market dynamics
Key factor driving market growth
One of the main factors propelling the expansion of the global UCAV market is the rising export demand from smaller economies.
Due to developments in AI technology, the deployment of autonomous systems is currently similar to the most recent revolution in warfare.
Small-economy countries are focusing on new research and UCAV purchases as a result of the rising need for cutting-edge autonomous technology.
Developing countries have increased their investments in this sector as a result of the prospective uses of UCAVs for security and surveillance operations in urban areas.
Due to these investments from developing countries, leading defense companies are investing in R&D to come up with very sophisticated UCAVs. During the forecast period, these factors will accelerate the expansion of the global UCAV market.
Leading trends influencing the market
The emergence of long-range spy combat drones is the leading trend in the global UCAV market.
UAVs have become an important tool and are used in countermeasure operations for national security. They are incorporated with weapons that support those countermeasures ops.
Due to their multifunctional roles, nations are significantly investing in the development and procurement of UAVs, especially combat UAVs.
Such developments with the growing need for autonomous platforms are likely to fuel the growth of the global UCAV market during the forecast period.
Major challenges hindering market growth
One of the major challenges impeding market growth is the rapid development of anti-drone technology.
Countries across the globe are developing anti-drone defense systems and mechanisms to keep up with the development of UAVs happening worldwide.
They are concentrating on developing anti-drone technologies in order to build a strong defense system as the use of drones by one country is a significant threat to other countries
For instance, Boeing recently tested a 10 kW anti-drone laser cannon that can shoot down drones.
Such developments in anti-drone technology will impede the growth of the global UCAV market during the forecast period.
What are the key data covered in this unmanned combat aerial vehicle (UCAV) market report?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the unmanned combat aerial vehicle (UCAV) market between 2023 and 2027
Precise estimation of the unmanned combat aerial vehicle (UCAV) market size and its contribution to the market in focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the unmanned combat aerial vehicle (UCAV) market industry across North America, Europe, APAC, Middle East and Africa, and South America
A thorough analysis of the market’s competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of unmanned combat aerial vehicle (UCAV) market vendors
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The small unmanned aerial vehicle (SUAV) market is projected to grow by USD 8.64 billion with a CAGR of 13.35% during the forecast period 2021 to 2026. Furthermore, this report extensively covers the market segmentation by application (civil and military), type (light fixed-wing SUAV, heavy fixed-wing SUAV, multi-rotor VTOL SUAV, and nano SUAV), and geography (APAC, North America, Europe, the Middle East and Africa, and South America).
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Unmanned Combat Aerial Vehicle (UCAV) Market Scope |
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Report Coverage |
Details |
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Page number |
164 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.74% |
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Market growth 2023-2027 |
USD 1,061.1 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023 (%) |
6.59 |
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Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
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Performing market contribution |
North America at 33% |
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Key countries |
US, Israel, China, Russia, and UK |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Aeronautical Systems Inc., AeroVironment Inc., BAE Systems Plc, Baykar Tech, Bluebird Aero Systems, C Astral d.o.o., China Aerospace Science and Technology Corp., Dassault Aviation SA, Denel Dynamics, Edge Autonomy, Elbit Systems Ltd., General Atomics, Israel Aerospace Industries Ltd., Kratos Defense and Security Solutions Inc., Lockheed Martin Corp., Northrop Grumman Systems Corp., Parrot Drones SAS, Skyeton, Textron Systems, The Boeing Co., and Ukrspecsystems |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
1 Executive Summary
1.1 Market Overview
Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
Exhibit 06: Executive Summary – Chart on Market Segmentation by Platform
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market Definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global unmanned combat aerial vehicle (UCAV) market 2017 – 2021
Exhibit 18: Historic Market Size – Data Table on Global unmanned combat aerial vehicle (UCAV) market 2017 – 2021 ($ million)
4.2 Type Segment Analysis 2017 – 2021
Exhibit 19: Historic Market Size – Type Segment 2017 – 2021 ($ million)
4.3 Platform Segment Analysis 2017 – 2021
Exhibit 20: Historic Market Size – Platform Segment 2017 – 2021 ($ million)
4.4 Geography Segment Analysis 2017 – 2021
Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)
4.5 Country Segment Analysis 2017 – 2021
Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis – Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition – Five forces 2022 and 2027
6 Market Segmentation by Type
6.1 Market segments
Exhibit 30: Chart on Type – Market share 2022-2027 (%)
Exhibit 31: Data Table on Type – Market share 2022-2027 (%)
6.2 Comparison by Type
Exhibit 32: Chart on Comparison by Type
Exhibit 33: Data Table on Comparison by Type
6.3 Medium-altitutde UCAV – Market size and forecast 2022-2027
Exhibit 34: Chart on Medium-altitutde UCAV – Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Medium-altitutde UCAV – Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Medium-altitutde UCAV – Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Medium-altitutde UCAV – Year-over-year growth 2022-2027 (%)
6.4 High-altitude UCAV – Market size and forecast 2022-2027
Exhibit 38: Chart on High-altitude UCAV – Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on High-altitude UCAV – Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on High-altitude UCAV – Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on High-altitude UCAV – Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Type
Exhibit 42: Market opportunity by Type ($ million)
7 Market Segmentation by Platform
7.1 Market segments
Exhibit 43: Chart on Platform – Market share 2022-2027 (%)
Exhibit 44: Data Table on Platform – Market share 2022-2027 (%)
7.2 Comparison by Platform
Exhibit 45: Chart on Comparison by Platform
Exhibit 46: Data Table on Comparison by Platform
7.3 Defense and government – Market size and forecast 2022-2027
Exhibit 47: Chart on Defense and government – Market size and forecast 2022-2027 ($ million)
Exhibit 48: Data Table on Defense and government – Market size and forecast 2022-2027 ($ million)
Exhibit 49: Chart on Defense and government – Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Defense and government – Year-over-year growth 2022-2027 (%)
7.4 Civil and commercial – Market size and forecast 2022-2027
Exhibit 51: Chart on Civil and commercial – Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on Civil and commercial – Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on Civil and commercial – Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Civil and commercial – Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Platform
Exhibit 55: Market opportunity by Platform ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 57: Chart on Market share by geography 2022-2027 (%)
Exhibit 58: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 59: Chart on Geographic comparison
Exhibit 60: Data Table on Geographic comparison
9.3 North America – Market size and forecast 2022-2027
Exhibit 61: Chart on North America – Market size and forecast 2022-2027 ($ million)
Exhibit 62: Data Table on North America – Market size and forecast 2022-2027 ($ million)
Exhibit 63: Chart on North America – Year-over-year growth 2022-2027 (%)
Exhibit 64: Data Table on North America – Year-over-year growth 2022-2027 (%)
9.4 Europe – Market size and forecast 2022-2027
Exhibit 65: Chart on Europe – Market size and forecast 2022-2027 ($ million)
Exhibit 66: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
Exhibit 67: Chart on Europe – Year-over-year growth 2022-2027 (%)
Exhibit 68: Data Table on Europe – Year-over-year growth 2022-2027 (%)
9.5 APAC – Market size and forecast 2022-2027
Exhibit 69: Chart on APAC – Market size and forecast 2022-2027 ($ million)
Exhibit 70: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
Exhibit 71: Chart on APAC – Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on APAC – Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa – Market size and forecast 2022-2027
Exhibit 73: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
Exhibit 74: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
Exhibit 75: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)
9.7 South America – Market size and forecast 2022-2027
Exhibit 77: Chart on South America – Market size and forecast 2022-2027 ($ million)
Exhibit 78: Data Table on South America – Market size and forecast 2022-2027 ($ million)
Exhibit 79: Chart on South America – Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on South America – Year-over-year growth 2022-2027 (%)
9.8 US – Market size and forecast 2022-2027
Exhibit 81: Chart on US – Market size and forecast 2022-2027 ($ million)
Exhibit 82: Data Table on US – Market size and forecast 2022-2027 ($ million)
Exhibit 83: Chart on US – Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on US – Year-over-year growth 2022-2027 (%)
9.9 China – Market size and forecast 2022-2027
Exhibit 85: Chart on China – Market size and forecast 2022-2027 ($ million)
Exhibit 86: Data Table on China – Market size and forecast 2022-2027 ($ million)
Exhibit 87: Chart on China – Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on China – Year-over-year growth 2022-2027 (%)
9.10 Russia – Market size and forecast 2022-2027
Exhibit 89: Chart on Russia – Market size and forecast 2022-2027 ($ million)
Exhibit 90: Data Table on Russia – Market size and forecast 2022-2027 ($ million)
Exhibit 91: Chart on Russia – Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on Russia – Year-over-year growth 2022-2027 (%)
9.11 Israel – Market size and forecast 2022-2027
Exhibit 93: Chart on Israel – Market size and forecast 2022-2027 ($ million)
Exhibit 94: Data Table on Israel – Market size and forecast 2022-2027 ($ million)
Exhibit 95: Chart on Israel – Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on Israel – Year-over-year growth 2022-2027 (%)
9.12 UK – Market size and forecast 2022-2027
Exhibit 97: Chart on UK – Market size and forecast 2022-2027 ($ million)
Exhibit 98: Data Table on UK – Market size and forecast 2022-2027 ($ million)
Exhibit 99: Chart on UK – Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on UK – Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 101: Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 102: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 104: Overview on factors of disruption
11.4 Industry risks
Exhibit 105: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 106: Vendors covered
12.2 Market positioning of vendors
Exhibit 107: Matrix on vendor position and classification
12.3 AeroVironment Inc.
Exhibit 108: AeroVironment Inc. – Overview
Exhibit 109: AeroVironment Inc. – Business segments
Exhibit 110: AeroVironment Inc. – Key news
Exhibit 111: AeroVironment Inc. – Key offerings
Exhibit 112: AeroVironment Inc. – Segment focus
12.4 BAE Systems Plc
Exhibit 113: BAE Systems Plc – Overview
Exhibit 114: BAE Systems Plc – Business segments
Exhibit 115: BAE Systems Plc – Key offerings
Exhibit 116: BAE Systems Plc – Segment focus
12.5 Baykar Tech
Exhibit 117: Baykar Tech – Overview
Exhibit 118: Baykar Tech – Product / Service
Exhibit 119: Baykar Tech – Key offerings
12.6 C Astral d.o.o.
Exhibit 120: C Astral d.o.o. – Overview
Exhibit 121: C Astral d.o.o. – Product / Service
Exhibit 122: C Astral d.o.o. – Key offerings
12.7 Dassault Aviation SA
Exhibit 123: Dassault Aviation SA – Overview
Exhibit 124: Dassault Aviation SA – Product / Service
Exhibit 125: Dassault Aviation SA – Key offerings
12.8 Denel Dynamics
Exhibit 126: Denel Dynamics – Overview
Exhibit 127: Denel Dynamics – Product / Service
Exhibit 128: Denel Dynamics – Key offerings
12.9 Elbit Systems Ltd.
Exhibit 129: Elbit Systems Ltd. – Overview
Exhibit 130: Elbit Systems Ltd. – Product / Service
Exhibit 131: Elbit Systems Ltd. – Key offerings
12.10 General Atomics
Exhibit 132: General Atomics – Overview
Exhibit 133: General Atomics – Product / Service
Exhibit 134: General Atomics – Key offerings
12.11 Israel Aerospace Industries Ltd.
Exhibit 135: Israel Aerospace Industries Ltd. – Overview
Exhibit 136: Israel Aerospace Industries Ltd. – Product / Service
Exhibit 137: Israel Aerospace Industries Ltd. – Key news
Exhibit 138: Israel Aerospace Industries Ltd. – Key offerings
12.12 Kratos Defense and Security Solutions Inc.
Exhibit 139: Kratos Defense and Security Solutions Inc. – Overview
Exhibit 140: Kratos Defense and Security Solutions Inc. – Business segments
Exhibit 141: Kratos Defense and Security Solutions Inc. – Key offerings
Exhibit 142: Kratos Defense and Security Solutions Inc. – Segment focus
12.13 Lockheed Martin Corp.
Exhibit 143: Lockheed Martin Corp. – Overview
Exhibit 144: Lockheed Martin Corp. – Business segments
Exhibit 145: Lockheed Martin Corp. – Key news
Exhibit 146: Lockheed Martin Corp. – Key offerings
Exhibit 147: Lockheed Martin Corp. – Segment focus
12.14 Northrop Grumman Systems Corp.
Exhibit 148: Northrop Grumman Systems Corp. – Overview
Exhibit 149: Northrop Grumman Systems Corp. – Business segments
Exhibit 150: Northrop Grumman Systems Corp. – Key news
Exhibit 151: Northrop Grumman Systems Corp. – Key offerings
Exhibit 152: Northrop Grumman Systems Corp. – Segment focus
12.15 Skyeton
Exhibit 153: Skyeton – Overview
Exhibit 154: Skyeton – Product / Service
Exhibit 155: Skyeton – Key offerings
12.16 The Boeing Co.
Exhibit 156: The Boeing Co. – Overview
Exhibit 157: The Boeing Co. – Business segments
Exhibit 158: The Boeing Co. – Key news
Exhibit 159: The Boeing Co. – Key offerings
Exhibit 160: The Boeing Co. – Segment focus
12.17 Ukrspecsystems
Exhibit 161: Ukrspecsystems – Overview
Exhibit 162: Ukrspecsystems – Product / Service
Exhibit 163: Ukrspecsystems – Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 164: Inclusions checklist
Exhibit 165: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 166: Currency conversion rates for US$
13.4 Research methodology
Exhibit 167: Research methodology
Exhibit 168: Validation techniques employed for market sizing
Exhibit 169: Information sources
13.5 List of abbreviations
Exhibit 170: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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