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The global unmanned helicopter market size is expected to gain momentum by reaching USD 11,382.8 million by 2027. This is attributable to the increasing adoption of the UAV technology for military applications globally. Fortune Business Insights, in its latest report, titled, “Unmanned Helicopter Market Size, Share & COVID-19 Impact Analysis, By Product (Small (0-20 lbs), and Medium (21-55 lbs)), By Application (Military [ISR, Combat, Search & Rescue, Transportation, Naval Support, and Border Support], Government Agency [Planning, Inspection, Surveying, Public Safety, and Search & Rescue], Industrial [Planning, Inspection, Surveying]), and Regional Forecast, 2020-2027.”, mentions that the market stood at USD 5,092.3 million in 2019 and is likely to exhibit a CAGR of 12.52% between 2020 and 2027.
Alpha Systems Collaborate with SMSPASS.NET to Provide Complete Beach Safety Solution
In May 2020, two Spanish companies, Alpha Systems and SMSPASS.NET announced their collaboration with each other that aims at providing drone-based surveillance at the beaches amid the COVID-19 crisis.
The beach safety solution includes the deployment of 2 Alpha 800 helicopter drones that are equipped with dual sensor cameras for perennial use. Along with this, SMSPASS.NET is expected to provide its reservation management platform for different areas and times across the beaches in the country. This unison amongst the two companies is anticipated to propel safety of the holiday-goers during the summer.
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Increasing Adoption of Unmanned Helicopter for Military Application to Surge Demand
The rising need to prevent intrusion and enemy strike is propelling the nations to upgrade their warfare techniques and battlefield management across the globe. The emergence of technology has led to the growing adoption of modernization in the defense structures of the region that is propelling the demand for advanced unmanned helicopters. For instance, in June 2020, Chinese intrusion in Ladakh sparked tensions between India and China over border disputes that led to both the countries increasing their Intelligence, Surveillance, and Reconnaissance (ISR) activities. This is expected to contribute to the growth of the global market during the forecast period.
Flint & HELIPSE Focus on Collaboration Activities to Expand Their Product Portfolio
The global unmanned helicopter market is consolidated by the presence of major companies such as HELIPSE, Flint Hills Solutions, and others. These companies are focusing on forming collaborations with others to expand their helicopter product portfolio and strengthen their position in the fiercely competitive market.
List of the Companies Operating the Global Market:
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Value (USD Million)