Unmanned Aerial Vehicle (UAV) Market Size, Share, COVID-19 & Russia-Ukraine War Impact Analysis, By UAV Class (Micro UAVs, Mini UAVs, Small UAVs, & Tactical UAVs), By Operational Mode (Fully & Semi-Autonomous, Remotely-Operated), By Fully Autonomous (Individual Autonomous System & Drone-in-a-Box), By Solution (Aerostructures & Mechanism, Securing System, Operating Software), By Application (Perimeter Security & Border Management, Combat Support Missions, Disaster Management & First Responders), By End-User (Government & Defense Oil & Gas), & Regional Forecast, 2023-2030

The global Unmanned Aerial Vehicle (UAV) market size was valued at USD 27.43 billion in 2022 and is projected to grow from USD 31.70 billion in 2023 to USD 91.23 billion by 2030, exhibiting a CAGR of 16.3% during the forecast period.

The important parts of the UAV, commonly known as a drone, are the onboard computers controlled remotely by ground-based controllers. UAVs have aerodynamic structures designed to carry out several functions with the appropriate navigation system. The technology was first introduced for dangerous military missions without risk to human life in various military applications. Military UAVs are equipped with a missile to hit specific targets that are operated at high altitudes. Military-operated UAVs have modified propulsion systems that use liquid hydrogen fuel for long-range operations against enemy troops.

Consumer drones are mainly used in cinematography, surveys, and aerial mapping. However, the use of consumer drones has rapidly grown in numerous applications, such as business, science, recreation, and other services. Giant companies such as Google, Amazon, DHL, Uber, Boeing, and Airbus have invested in research and development in this technology for the past few years due to lucrative opportunities in this market.

COVID-19 IMPACT

Increased Unmanned Aerial Vehicle Demand during Pandemic Boosted Market Growth

The COVID-19 pandemic outbreak in 2020 negatively impacted market growth. Despite social distancing norms and other restrictions in effect, this industry managed to stay afloat during the pandemic. With the travel bans in effect, autonomous UAVs, or drones, were used for door-to-door delivery of essential supplies, such as groceries, medicines, and others. Many countries, such as the U.S., the U.K., Singapore, China, Ghana, Chile, and others, used drones to deliver such items. Many Unmanned Aerial Vehicle and drone operators capitalized the opportunity and expanded into newer regions.

• For instance, in June 2020, renowned UAV operator Zipline operated in the U.S. In a partnership with North Carolina-based non-profit healthcare system Novant Health, Zipline performed the country’s first emergency drone logistics operation by a hospital for its pandemic response.

The market's biggest impact during COVID-19 was on the healthcare industry. With travel bans and social distancing in effect, drones proved useful in delivering medical supplies while avoiding human interaction and adhering to the norms. The period witnessed many upgrades to the existing drone technology, such as improved payload capacity, faster speed, longer battery life, better stabilization, and many others. Drones could collect test samples from homes, deliver vaccines and other supplies, identify potential areas with a high risk of disease transmission, and perform various other tasks.

• For instance, in October 2020, American logistics firm UPS started drone deliveries by carrying out flights supplying medical supplies, PPE kits, and medicines. The systems offered fast shipping of time-sensitive medical supplies and PPE between the health system’s central campus and other locations.

RUSSIA-UKRAINE WAR IMPACT

Rising Use of UAVs during Russia-Ukraine War Drives Market Growth

The Russia-Ukraine war started in early 2022 and has been ongoing for over a year. The war has observed extensive military investments from both sides and is heavily sided toward electronic equipment rather than pure gun firepower. This electronic nature of the war has seen a growing deployment of drones and UAVs on the battlefield. UAVs provide enhanced situational awareness owing to their Intelligence, Surveillance, and Reconnaissance (ISR) capability and communication. Both countries involved have been increasing their usage of drones to increase their offense while guaranteeing the safety of their personnel.

• For instance, in June 2023, the Royal United Services Institute (RUSI) report, a British firm specializing in defense issues, stated that the Ukrainian army was losing over 10,000 drones a month, or over 300 in a single day.

The demand for drones has also been created outside Europe. The influx of military supplies to Ukraine from N.A.T.O. nations, such as the U.S. and U.K., have also increased the production of drones in these areas. In the Middle East, Iran and Turkey have been providing drones used in day-to-day activities on the battlefield.

For instance, in March 2023, a third-party data provider released official Russian customs data, which indicated that the Chinese government had supplied drones worth more than USD 12 million to Russia since the start of the war. The shipments contained a mix of DJI drones and an array of products from smaller companies.

Such an increased supply of drones has also boosted the research and development of the technology. Drones and UAVs, which were earlier expensive and sophisticated to manufacture, are now being produced in masses. The war has solidified the need for simple, efficient, cost-effective drones that can be manufactured rapidly to replenish depleting stocks.

LATEST TRENDS

Rising Development of Drone-in-a-Box (DiaB) Technology to Propel Market Growth 

The drone-in-a-box (DiaB) technology includes a drone capable of flying and returning from a point and starting self-charging upon return from the mission. This development has many use cases in several industries, as it minimizes the need for human intervention. The technology has found applications in industries such as telecom, maritime, space, and others. In the telecom industry, drone-in-a-box technology can provide a faster and more efficient communication network.

• For instance, in May 2023, Nokia announced that the firm signed a deal with Belgium-based telecom operator Citymesh to supply 70 drone-in-a-box units. These units will cover Belgium with a 5G automated drone grid, which will help speed up resource mobilizations in emergency events.

Furthermore, this technology can be used in sectors such as agriculture. Drones fitted with various sensors and cameras can monitor crop health and manage crop growth. In the military sector, these drones allow offense on the battlefield. At the same time, personnel oversee the operation from safety. DiaB can also be used in the construction and mining sector, with drones being able to carry out Beyond Visual Line-of-Sight (BVLOS) operations. Such drones can also be used to inspect mining sites, solar fields, power, oil, gas, and others.

• For instance, in November 2022, Israeli firm Percepto announced that the firm had received the first-ever nationwide-granted waiver from the Federal Aviation Administration (FAA) for its drone-in-a-box. Percepto’s AI-powered DiaB approval allows the firm to operate BVLOS at qualifying sites nationwide.

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DRIVING FACTORS

Growing Procurement of Drones in the Military Sector to Boost Market Growth

Military warfare today is shifting from the conventional notion that better firepower provides an edge on the battlefield to which side has the better Intelligence, Surveillance, and Reconnaissance (ISR) capabilities. This phase of electronic warfare has created a huge demand for using UAVs in the military sector.

UAVs do not need a crew onboard for flight and can be autonomous or remotely controlled by human personnel from a safe distance. Aside from ISR, UAVs are also employed for offenses. UAVs as big as small aircraft can carry missiles into the battlefield, while autonomous UAVs, also called drones, can be the size of a bird's wingspan and are used for kamikaze warfare. Such capabilities make drones a must-have for any military, allowing for major push-back to the enemy from the safety of the ground stations.

• For instance, in April 2023, the Romanian government signed a deal worth USD 321 million with Turkey to procure 18 Turkish Bayraktar B2 drones. These drones provide enhanced intelligence and offensive capabilities.

The ongoing Russia-Ukraine war has projected the capability and reliability of UAVs to the world. Both sides have been stockpiling drones, hoping to get an advantage on the ground over the enemy. Ukraine has primarily been outsourcing drones from the U.S. and Turkey. The Turkish Bayraktar B2 drone has been extensively used in Ukraine’s counter-offensives, while U.S.-provided kamikaze drones have proved capable of flushing out soldiers from dangerous areas.

On the other hand, Russia has started importing kamikaze drones from Iran, adding them to its arsenal of indigenous drones. Both nations have also used commercial drones like the Chinese-made DJI Mavic drones. Such extensive use of drones has created demand in Europe, North America, and Asia Pacific. The increasing complexity of electronic warfare also favors the advancements in Unmanned Aerial Vehicle technology.

• For instance, in March 2023, Ukraine announced that it procured over 300 DJI Mavic 3T UAVs and sent them on the front lines. These UAVs’ thermal and zoom capabilities make them ideal for gathering intelligence on ground zero.

Growing Demand for UAVs to Support Commercial Applications to Drive Market Growth

UAVs and drones are rapidly being deployed in commercial applications. Many organizations see drones as an economical and more efficient mode for product delivery. Drones avoid traffic on the road and thus provide faster delivery. Drone flying is gaining popularity as a leisure activity in many countries.

Drones with high-quality cameras and axis stabilization are used in the film-making and videography industries. These allow for aerial shots, which would not have been possible, with great ease and accuracy. Drones can also be used in the healthcare industry for delivering medicines, carrying test samples, and many other activities. Many countries have started implementing drones in the healthcare industry.

• For instance, in June 2023, commercial Unmanned Aerial Vehicle and drone operator Zipline celebrated its 4th year of operating in Ghana. Zipline has revolutionized the medical distribution centers of the country, delivering more than 370,000 medical supplies to people in different areas of the country. The operation proved useful in improving the lives of the people of Ghana, as UAVs were able to deliver goods even in the most remote parts of the country.

Furthermore, UAVs can be used for remote sensing and Earth observation operations. UAVs can be built to fly at high altitudes and, when equipped with sensors, can provide climatic and other information about a large area. They can provide insights about undiscovered areas, including potential stores for new ores and mines. They can even be used for site inspections in many industries such as oil, energy, solar, and others. UAVs and drones can also be used in agriculture to manage crop growth and monitor crop health.

• For instance, in October 2022, Bayer, a global healthcare and agriculture enterprise, announced that it had started using drones in agriculture. Drone services will be provided for crop protection across a wide range of crops in a phased manner.

RESTRAINING FACTORS

Stringent Government Rules and Regulations for UAVs are Anticipated to Hamper Market Growth

The usage of UAVs and drones differ in different nations. Each region has its policy on the commercial and military applications of UAVs. Unregulated usage of these poses a risk to national security. Countries have applied regulations to the weight of the UAV, the height up to which it can fly, the regions where Unmanned Aerial Vehicle or drone flight is allowed, and many more.

Manufacturers also need to make their products according to these regulations and adhere to different guidelines laid for the production of drones. This development limits the number of UAVs eligible for commercial usage. UAV must remain in the Visual Line-of-Sight (VLOS) of the operator, and the operator needs to have a license in many countries to fly the product.

• For instance, in June 2023, the Chinese government issued the Interim Regulation for Managing Uncrewed Aerial Flights. The rules include registering drones of all sizes and activities such as using drones for surveying land or being labeled as punishable offenses for a non-Chinese drone pilot.

Growing geopolitical tensions worldwide also add to the deceleration of market growth. Most UAVs and drones used commercially are fitted with cameras, making them vulnerable to cyber-attacks. These features also raise the suspicion of snooping through the network, which further poses a risk to national security. Following these reasons, many countries have started restricting products from a specific manufacturer to a country slowing down market growth.

• For instance, in May 2023, two U.S. states banned using Chinese firms DJI’s drones for any activity. The move comes after the U.S. Department of Defense and other agencies blacklisted the company on suspicion of suspected data leaks through the network of drones.

SEGMENTATION

By UAV Class Analysis

Increased Demand for Tactical UAVs (MALE & HALE) for Defense and Law Enforcement Applications to Aid Market Growth

By UAV class, the market is segmented into micro UAVs (below 2 Kg), mini UAVs (2-20 Kg), small UAVs (20-50 Kg), and tactical UAVs (MALE & HALE). The tactical UAVs (Medium Altitude Long Endurance (MALE) and High Altitude Long Endurance (HALE)) segment is expected to be the fastest growing segment during the forecast period. Tactical UAVs provide real-time data and visuals outside the enemy’s front lines without compromising soldier life. In tactical UAVs, Live Electro-Optical and Infrared (LEO/IR) videos are used. Growing demand for tactical UAVs by major countries, such as China, India, Japan, and Australia will boost market growth.

• For instance, in December 2022, Elbit Systems Ltd. awarded a framework contract worth up to USD 410 million for supplying up to seven ‘Watchkeeper X’ tactical unmanned aircraft systems to the Ministry of National Defense for five years.

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By Operational Mode Analysis

Remotely Operated Segment Dominates due to Increased Popularity of Drone Technology in Several Applications

By operational mode, the market is classified into fully autonomous, semi-autonomous, and remotely-operated. The remotely operated segment dominated the market in 2022. A UAV does not have a crew or passengers on board. UAVs can be automated ‘drones’ or Remotely Piloted Vehicles (RPVs). UAVs can fly for extended flight time at low altitudes. The demand for remotely operated UAVs has increased in many countries in recent years due to the growing popularity of drone technology and its various applications.

• For instance, in July 2023, India is anticipated to procure 31 MQ-9B RPAS of approximately USD 3.07 billion through the U.S. government’s foreign military sales (FMS) program, which will enhance Indian Armed Forces’ intelligence, surveillance, and reconnaissance capabilities.

Fully autonomous segment is anticipated to be the fastest-growing segment in 2023-2030. It includes the Command Delivery System (CDS) and the Flight Planning System (FPS), where the flight path and radius are determined before the operation. The Unmanned Aerial Vehicle has complete control without any external guidance from the operator on the ground. Mission Based High Payload UAVs (MBHPPs) are UAVs that are specially designed for specific missions in the U.S., China, Russia, and Israel.

• For instance, in May 2023, (SSCI) awarded a multi-million dollars, five-year prime contract to the U.S. Army Combat Capability Development Command (DEVCOM) C5ISR Center for the development, demonstration and fielding of autonomous UAVs.

By Fully Autonomous Analysis

Individual Autonomous Segment Leads Owing to High Demand for Individual Autonomous System

The fully autonomous segment is classified into individual autonomous system and Drone-in-a-Box (DiaB). The individual autonomous system segment dominated the market in 2022. The system is controlled by software and requires a complete system to operate. Due to the self-ability of performing tasks and missions, the demand for individual autonomous systems is high.

• For instance, in May 2023, Near Earth Autonomy announced that the US Air Force's AFWERX program selected Near Earth to work on a Reliability Standard for Autonomous Aerial Transport as part of Autonomy Prime. This collaboration highlights Near Earth's commitment to driving autonomous aircraft development to new heights.

Drone-in-a-Box (DiaB) will have the fastest growth during the forecast period. The drone-in-a-box supports the operation of a facility by capturing aerial images and providing real-time information to users. Designed tasks can help detect human/vehicle activity, alert facility users to gas/water leaks, and monitor other maintenance issues.

• For instance, in February 2023, DroneMatrix and Infrabel entered a nine-year framework contract. The contract comprises four years of supply and nine years of service for procuring drone-in-a-box solutions. The client will use the drone-in-a-box solution for automated video monitoring of rail vehicle processing at Antwerp port and other areas of Belgium.

By Solutions Analysis

Aerostructures & Mechanism Propels due to Technological Advancements

The solutions segment is classified into aerostructures & mechanisms, securing system, operating software, tethering cord, power sources & management system, and others. Aerostructures & mechanism held the maximum share in 2022. Companies with high technical skills are expected to make significant technological advancements in the aerostructures & mechanisms of UAVs, leading to a good development cycle and significantly improving the performance of UAVs.

• For instance, in June 2023, General Atomics made a drone deal worth USD 3 billion with India. India had asked for an increase in the content of the U.S.-built MQ9B drones to be produced in India.

Securing system will be the fastest-growing segment during the forecast period. Since a UAV’s payload, range, and endurance are at the top of OEMs’ and operators’ to-do lists, the advent of cyber-attack on UAVs is expected to change the competitive landscape significantly. To cater to this problem, securing systems plays a vital role so that their demand will be high during the forecasted period.

By Application Analysis

Combat and Combat Support Missions Segment Leads due to UAVs Ability to Perform Tasks Smoothly at Hardpoints

 By application, the market is classified into perimeter security & border management, combat and combat support missions, situational awareness, disaster management & first responders, surveying, mapping, & monitoring, precision agricultural management, power station management, asset & operations management, emergency medical logistics, and others. Combat and combat support missions segment dominated in 2022. These UAVs carry aircraft ordnance (missiles, antitank guided missiles (ATGMs), or bombs) at hardpoints to carry out drone strikes. Combat UAVs are typically operated in real-time under human control and have varying degrees of autonomy.

• For instance, in April 2023, the Romanian Defense Ministry awarded a TB2 drone contract worth USD 321 million to Turkish firm Baykar.

Emergency medical logistics is estimated to be the fastest-growing segment during the forecast period. It is the most promising service in drone services, where a quick response is essential to improve patient care. Medical drones became increasingly popular around the world during the pandemic. Drones were used to deliver PPE (personal protective equipment), COVID-19 tests (SARS CoV-2), laboratory specimens, and vaccines, where direct human-to-human contact was discouraged for infection control purposes.

• For instance, in January 2022, the German drone delivery leader Wingcopter and Spright, announced a new commercial arrangement valued at over USD 16 million. As part of the agreement, Spright will purchase a large fleet of the new Wingcopter flagship delivery drone Wingcopter 198 to meet the growing demand for medical drone solutions nationwide.

By End-User Analysis

Government & Defense Segment Dominates Owing to Several Applications of Drones in Military Sector Dominates

By end-user, the market is classified into government & defense, energy, power, oil & gas, construction & mining, agriculture, forestry & wild life conservation, public infrastructure & homeland security, hospitals & emergency medical services, transportation & logistics, event management, and others.

The government & defense segment dominated the market in 2022. Military UAVs will continue to be in high demand due to the increasing use of UAVs by the defense and security community for various purposes, including survey, mapping, transport, combat, and monitoring.

• For instance, in January 2022, The US Navy and Boeing have demonstrated air-to-air refueling operations using an Unmanned Aerial Vehicle, Boeing's proprietary MQ-25 T1 test vehicle, to refuel other aircraft, paving the way for future integration of UAVs for refueling in military operations.

Hospitals & emergency medical services segment is expected to be the fastest growing segment during the forecast period. The pandemic also prompted governments and OEMs to adopt UAVs for medical applications and emergencies, which has derived market growth. Hence, many countries started experimenting and testing the efficiency of UAVs.

• For instance, in 2021, the FAA registered about 900,000 drones that may be deployed for various applications of drones. For example, in May 2021, India started expanded testing of drones for the delivery of vaccines and medicinal products to BVLOS destinations.

REGIONAL INSIGHTS

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This market is segmented into North America (NA), Europe (EU), Asia Pacific (APAC), the Middle East (ME), Africa, and Latin America (LA). North America dominated the market in 2022, followed by Asia Pacific and Europe. North America is expected to hold the largest Unmanned Aerial Vehicle market share as most UAV developers are based in the region. This growth is attributed to an increase in the Airforce defense budget, which has increased the demand for fixed-wing UAVs in the U.S. In addition, increasing Canadian exports and economic development are expected to drive market growth.

• For instance, in May 2022, Walmart announced the expansion plans of its drone delivery service to approximately four million prospective customers. In making the announcement, Walmart said it would expand its current drone delivery service to 34 locations across Arizona, Arkansas, FL, TX, Utah, and VA, enabling it to transport over a million orders annually. The drone service will always be available, costing USD 3.99 per package (up to 10 lbs).

Asia Pacific is anticipated to be the fastest-growing region during the projection period, according to market forecast. This growth is attributed to the high adoption rate of heavy-duty UAVs in China's commercial and defense sectors, including combat, cargo, and other applications. Increased UAV activity in India is expected to boost market growth.

• For instance, in December 2022, India demonstrated a new drone hunting capability with high-resolution cameras and a highly trained black kite. The new capability is intended to enhance surveillance along India’s border with China. In addition, the drone named FX798T micro FPV camera and 5.8 GHz 40CH 25mw VTX is small and is developed in China.

European market is highly segmented, with several players dominating the market. Some leading European market players are Azure Drones SAS, Parrot Drones, Terra Drone, Onyx Scan advanced LiDAR Systems, and AltiGator unmanned Solutions. Drone manufacturers invest heavily in improving technology and new features to support commercial applications.

• For instance, in June 2021, a European drone manufacturer, Parrot, launched its drone, ANAFI Ai. This is the first drone that uses connectivity of ANAFI Ai as the primary data link between the drone and the operator to provide accurate control at any distance.

The market in the Middle East is highly fragmented, with players such as SZ DJI Technology Company Co. Ltd, Parrot SA, AeroVironment Inc., BlueBird Aero Systems Ltd., and Terra Drone Corporation. The collaboration between the manufacturers and the UAV solutions companies mainly drives the technology development of the market. To increase their revenue, the UAV service providers are adapting their solution portfolio (Technological Advanced UAVs) to meet the specific needs of the end-users in the region, including construction, infrastructure management, and security and surveillance.

• For instance, in February 2022, in the Middle East, UVL Robotics launched the first parcel delivery drone in the region for daily parcel service based on drones. Flying couriers can carry a payload of 6.6 pounds, and delivery drones can fly more than 25 miles.

In Africa, UAVs are increasingly used and deployed in different regions for applications, such as post-delivery and agriculture. Agriculture in Africa has the highest demand for soil scanning UAVs for monitoring nitrogen content, electrical conductivity, crop monitoring, spraying pesticides, pests, weeds, disease detection, and fish population monitoring.

• For instance, in January 2022, Morocco and Israel are preparing to build several factories specialized in building drones. Specifically, two drone farms are being built in the northern part of Al-Aoula on the territory of the kingdom. The project is implemented by Bluebird Aero System.   

Latin America holds a small UAV market, however the region has significant growth potential. The U.S. is influencing the military procurement of countries, such as Colombia and Mexico through many bilateral initiatives, including Plan Colombia and the Merida Initiative. These initiatives will attract more contracts to the U.S.-based companies in Latin America over the coming years. Local manufacturers can compete with major foreign players by modernizing their products with cutting-edge technologies, thus increasing their regional presence.

• For instance, in April 2022, The Ministry of Defense (MoD) deployed 20 small UAVs and military drones in the Arauca department to protect the civilian population, military installations, and the fight against armed criminal groups.

KEY INDUSTRY PLAYERS

Development of Advance Technology by Key Market Players to Propel Market Growth

The market growth is highly fragmented due to the presence of numerous manufacturing companies. The key market leaders have a robust product portfolio and extensive distribution networks in developed and developing countries. Currently, the leading players in the market are DJI (China), Parrot (Switzerland), and Yuneec (China). These companies accounted for a majority of the global market share in 2022. However, due to the absence of stringent entry barriers, the number of domestic players in the global market is expected to grow. The other key players include AeroVironment (U.S.), Autel Robotics (U.S.), and Boeing Company (U.S.). Some key strategies adopted by the players are introducing innovative product ranges, wide variety and size acquisition, collaboration, and partnerships.

LIST OF KEY COMPANIES PROFILED:

• AeroVironment, Inc. (U.S.)


• Autel Robotics (U.S.)


• Parrot Drone S.A.S. (Switzerland)


• Yuneec (China)


• BAE Systems PLC (U.K.)


• Boeing (U.S.)


• Elbit Systems Ltd. (Israel)


• General Atomics Aeronautical Systems (U.S.)


• Hexagon AB (Sweden)


• Israel Aerospace Industries (Israel)


• Lockheed Martin Corporation (U.S.)


• Northrop Grumman Corporation (U.S.)


• SZ DJI Technology Co. Ltd. (China)


• Teledyne Technologies Inc. (U.S.)


• Textron Systems Corporation (U.S.)

KEY INDUSTRY DEVELOPMENTS:

• July 2023 - IoTechWorld Avigation Pvt. Ltd., a leading agri-drone manufacturer, won a large contract from IFFCO, a cooperative major, to supply 500 drones for spraying nano liquid urea and DAP.


• June 2023 - The U.S. Department of Defense awarded a contract to AeroVironment to develop its high-altitude solar-powered UAV. AeroVironment plans to deploy a high-altitude, long-range UAVs network to support global internet connectivity. The fixed-wing aircraft is expected to fly at approximately 65,000 ft. or 19,812 m and will carry sensors.


• June 2023 - Barfield Inc. entered into a partnership agreement with UAV manufacturer, Skydrone Robotics, to sell and support UAVs manufactured by Skydrone Robotics in the U.S., Canada, and Latin America.


• May 2023 - Garuda Aerospace, one of the world’s leading drone manufacturers, entered into a Joint Development Partnership (JDP) with Hindustan Aeronautics Limited (HAL) subsidiary Naini Aeronautics under the administration of Ministry of Defense (MoD) India. This JDP aims to allow Garuda Aerospace to produce advanced precision Drones (APDs) in India for various applications.


• February 2023 - A new contract was signed for the supply of UAVs by Primoco UAV SE. The Czech UAV manufacturer will supply machines with a total value of USD 2.57 million to a European customer.

REPORT COVERAGE

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The market research report gives an in-depth analysis of this market by identifying the leading companies, product types, and the leading applications in the market. The report also provides market trends and key developments in this industry. In addition to the abovementioned factors, the report includes several factors that contributed to the advanced market growth in recent years.

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