Global Civil Unmanned Aerial Systems Market Profile & Forecast Report 2022 – Players Include Altametris, AT&T, Aurora Flight Sciences (Boeing), BAE Systems and Bell Helicopter Textron – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “2022/2023 World Civil Unmanned Aerial Systems Market Profile & Forecast” report has been added to ResearchAndMarkets.com’s offering.
The market for civil UAS promises to be one of the most dynamic aerospace growth sectors for the next decade, emerging from a $7.2 billion market (value of air vehicles) in 2022 to more than triple to $19.8 billion by 2031. That represents a 10.1% compound annual growth rate (CAGR) in constant dollars.
Over the next 10 years the market will total $139 billion. However, the analyst forecasts peak expansion for most sectors around 2029, as companies come to understand the requirements for UAS, the technology matures, and regulation stabilizes.
Many types will move more into a replacement cycle thereafter. The exception is in the United States, where regulatory changes expected toward the end of the forecast period drive higher demand, especially for larger systems, in several sectors.
The World Civil Unmanned Aerial Systems Market Profile & Forecast annual sector study focused on lucrative business opportunities in the emerging civil government and commercial UAS market.
- 10-Year Market Forecasts – Covering the overall market as well as segments of the business such as construction, agriculture, communications, energy, aerial photography and insurance. It also covers the civil government market including homeland security and law enforcement. (Spreadsheets are included)
- Expert Analysis – A cogent outlook and rationale for what will be hot over the next decade.
- Venture Capital – Analysis of the involvement of venture capital, firms attracting funds and ways investment is transforming the market.
- Regulations – Differences in the ways regulations for civil/commercial UAS are being implemented worldwide and ways that is transforming the market and providing advantage.
- Companies – An analysis of the strategies companies are using to position themselves in the market, including acquisitions, teaming and product development.
Uncrewed aerial systems have become increasingly common sights in skies around the world as more industries find uses for them, governments reshape regulations, and companies deliver increasingly advanced technologies and services. Civil government and commercial drone markets continue growing, moving from nascence to adolescence, as UAS prove their worth in numerous fields. Increasingly, though, sales growth appears to be moving from new customers to replacement for previous systems. At the same time, exogenous issues, like COVID-19 and the Ukraine war, are providing unexpected challenges to the UAS market.
On the plus side, China is reshaping the agricultural market with the rapid spread of subsidized UAS technology for spraying and imaging. Traditional aerospace and defense firms are competing to develop new solar-powered systems to provide low-cost internet as programs exploring integrating delivery drones into airspace gradually move from test to initial operation. And governments increasingly move to UAS solutions for challenging problems like border control and even aerial firefighting.
Just the United States has 865,505 commercial (37%) and recreational (63%) drones registered and 280,418 remote pilots certified as of late May 2022. Yet it is important to remember that these drones have been registered in the period since Part 107 went into effect in August 2016. Since the effective commercial life of prosumer drones is about a year and a half on average, many of those are no longer in the fleet, so the registrations can include multiple replacements for the same operator and task.
Key Topics Covered:
1. Executive Overview
2. Development of the Civil/Commercial UAS Industry
3. US Civil Government Markets
4. International Civil Government Markets
5. Commercial/Consumer Markets
6. Civil UAS Company Profiles
- Aerialtronics
- Aerodyne Group
- AeroVironment Inc.
- AgEagle Aerial Systems
- Airbus Defense & Space (formerly European Defense and Space Co.)
- AirMap
- Airobotics
- Amazon.Com, Inc.
- Altametris
- AT&T
- Aurora Flight Sciences (Boeing)
- BAE Systems
- Bell Helicopter Textron Inc.
- The Boeing Co.
- CAE Inc.
- CACI International Inc.
- Cape
- China Aerospace Science & Industry Corporation Limited (CASIC)
- Chinese Academy of Aerospace Aerodynamics
- Clobotics
- CyberHawk Innovations Ltd
- Delair
- Delta Drone
- Denel
- DJI Innovations
- Donecle
- Draganfly Innovations Inc.
- Dragonfly Pictures, Inc.
- DroneBase
- DroneDeploy
- Drone Volt
- Elbit Systems Ltd.
- Beijing Yi-Hang Creation Science & Technology Co., Ltd.)
- EMT Ingenieurgesellschaft
- Facebook, Inc.
- FLIR Systems, Inc.
- General Atomics Aeronautical Systems, Inc. (GA-ASI)
- L3Harris Technologies
- Honeywell International Inc.
- Hyundai Motor Group
- Intel Corp.
- Insitu Inc.
- Israel Aerospace Industries Ltd.
- Joby Aviation
- Kaman Corp.
- Kespry
- Keystone Aerial Surveys
- JD.com
- Korean Air Aerospace Business Division
- Leonardo (formerly Finmeccanica)
- Leptron Unmanned Aircraft Systems, Inc.
- Lockheed Martin Corp.
- Lufthansa Aerial Services
- Lufthansa Technik AG
- Matternet
- Microdrones GmbH
- MDA
- Micropilot
- Microsoft Corp.
- Northrop Grumman Corp.
- Pablo Air
- Parrot SA
- PrecisionHawk Inc.
- Prismatic Ltd.
- Prodrone Co. Ltd
- QinetiQ
- Qualcomm Technologies Inc.
- Rakuten
- Safran
- Raytheon Technologies Corp
- Resolute ISR Inc.
- Saab Group
- Samsung
- Schiebel Elektronische Geraete GmbH
- SF Express
- Shield AI
- Sikorsky Aircraft Co. (now Part of Lockheed Martin Corp.)
- Skycatch
- Skydio
- Sky-Futures
- SkySpecs
- Siemens Aktiengesellschaft
- SkyDrop (formerly Flirtey)
- ST Engineering
- Sony (Aerosense)
- Survey Copter
- Swift Engineering
- Tekever Group
- Terra Drone
- Textron Systems Unmanned Systems
- Thales
- Trimble Navigation
- Uconsystem Co. Ltd.
- UMS Skeldar
- Unifly
- Verity Studios AG
- Verizon
- Volansi Inc.
- Volocopter
- Wing (Alphabet, GoogleX)
- XAG Co., Ltd. (formerly XAircraft)
- Yamaha Motor Co. Ltd.
- Yuneec International
- Zala Aero Group
- Zero Zero Robotics
- Zipline
For more information about this report visit https://www.researchandmarkets.com/r/6vafea
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