The unmanned combat aerial vehicle (UCAV) market is forecasted to grow by USD 1393 mn during 2023-2028, accelerating at a CAGR of 8.09% during the forecast period. The report on the unmanned combat aerial vehicle (UCAV) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing export demand from smaller economies, escalating security threats, and changing nature of advanced warfare.
Technavio's unmanned combat aerial vehicle (UCAV) market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
7.32%
CAGR
8.09%
Incremental Value
$1393mn
By Type
Medium-altitutde UCAV
High-altitude UCAV
By Platform
Defense and government
Civil and commercial
By Geography
North America
Europe
APAC
Middle East and Africa
South America
This study identifies the development of long-range spy combat drone as one of the prime reasons driving the unmanned combat aerial vehicle (UCAV) market growth during the next few years. Also, adoption of laser-powered UCAV and use of AI for autonomous UAVs will lead to sizable demand in the market.
The report on the unmanned combat aerial vehicle (UCAV) market covers the following areas:
Unmanned combat aerial vehicle (UCAV) market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading unmanned combat aerial vehicle (UCAV) market vendors that include 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 Corp., Parrot Drones SAS, Skyeton, Textron Inc., The Boeing Co., and Ukrspecsystems. Also, the unmanned combat aerial vehicle (UCAV) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market by Geography
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Platform
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)