Unmanned Aerial Vehicle (UAV) Drones Market (By Type: Fixed Wing, Vertical Take-off & Landing (VTOL), Small Tactical Unmanned Air System (STUAS), Medium Altitude Long Endurance (MALE), and High-Altitude Long Endurance (HALE); By Payload: Up to 150 and up to 600 kg; By Component: Camera and Sensor; and By Application: Media & Entertainment and Precision Agriculture) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024 – 2033
The global unmanned aerial vehicle (UAV) drones market size was estimated at USD 31.66 billion in 2023 and is expected to hit over USD 169.7 billion by 2033 with a registered CAGR of 18.2% over the forecast period 2024 to 2033.
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The U.S. unmanned aerial vehicle (UAV) drones market size was estimated at USD 8.20 billion in 2023 and is predicted to be worth around USD 46.71 billion by 2033, at a CAGR of 18.92% from 2024 to 2033.
North America dominated the unmanned aerial vehicle (UAV) drones market in 2020. Due to rising demand for military and commercial applications in nations like the Canada and the U.S., the market for unmanned aerial vehicle (UAV) drones in North America is likely to rise.
Asia-Pacific, on the other hand, is expected to develop at the fastest rate during the forecast period. The increase in original equipment manufacturer (OEM) production towards the development of unmanned aerial vehicle (UAV) drones is expected to be a major driving factor for the Asia-Pacific region market over the forecast period.
The Asia Pacific unmanned aerial vehicle (UAV) drones market size was calculated at USD 7.60 billion in 2023 and is projected to expand around USD 43.27 billion by 2033, poised to grow at a CAGR of 18.92% from 2024 to 2033.
| Year | Market Size (USD Billion) |
| 2023 | 7.60 |
| 2024 | 9.10 |
| 2025 | 10.82 |
| 2026 | 12.87 |
| 2027 | 15.31 |
| 2028 | 18.20 |
| 2029 | 21.65 |
| 2030 | 25.74 |
| 2031 | 30.61 |
| 2032 | 36.39 |
| 2033 | 43.27 |
An unmanned aerial vehicle (UAV) drone is a plane that flies without a human pilot, passengers, or crew. The unmanned aerial vehicle (UAV) is a part of unmanned aircraft system (UAS), which also includes a ground-based controller and a communications system with the unmanned aerial vehicle (UAV). The unmanned aerial vehicle (UAV) drones can be controlled remotely by a human operator, as in a remotely pilot aircraft (RPA), or with varying degrees of autonomy, such as autopilot help, up to fully autonomous aircraft with no human interaction.
The unmanned aerial vehicle (UAV) drones are increasingly being used to collect data. During this process, confidential information about a private property or conduct may be gathered. As a result, safety and security concerns, as well as social issues such as privacy concerns, are limiting the market for unmanned aerial vehicle (UAV) drones.
The primary factors driving the unmanned aerial vehicle (UAV) drones market’s growth are rapid technological developments in drones and an increase in demand for drone-generated data in commercial applications. The market for unmanned aerial vehicle (UAV) drones is also growing due to an increase in venture capital funding.
The unmanned aerial vehicle (UAV) drones are type of unmanned aerial vehicle (UAV) which are also used in wars. The unmanned aerial vehicle (UAV) drones are commonly used for monitoring farmlands to enable farmers to respond rapidly to problems such as pests and drought, which is driving the growth of the unmanned aerial vehicle (UAV) drones market during the forecast period.
Due to changes in government laws and an increase in the number of exceptions allowed to companies for commercial use of unmanned aerial vehicle (UAV) drones, this market is expected to grow significantly during the projected period. The surveying, inspection, media and entertainment, military and homeland security, precision agriculture, and other commercial sectors all contribute to the market for unmanned aerial vehicle (UAV) drones.
| Report Coverage | Details |
| Growth Rate from 2024 to 2033 | CAGR of 18.2% |
| Market Size in 2023 | USD 31.66 Billion |
| Market Size by 2033 | USD 169.7 Billion |
| Largest Market | North America |
| Fastest Growing Market | Asia Pacific |
| Base Year | 2023 |
| Forecast Period | 2024 to 2033 |
| Segments Covered | By Type, By Application, By Component, and By Payload |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
The vertical take-off and landing (VTOL) had the highest revenue share in 2023. The vertical take-off and landing (VTOL) unmanned aerial vehicle (UAV) uses rotors to take off, hover, and land vertically, similar to a helicopter. All multi-copter drones, as well as some hybrid fixed wings drones, fall under this category.
The medium altitude long endurance (MALE) segment is fastest growing segment of the unmanned aerial vehicle (UAV) drones market in 2020. A medium altitude long endurance (MALE) is an unmanned aerial vehicle (UAV) that flies for extended periods of time. The unmanned combat aerial vehicle and unmanned reconnaissance aerial vehicle are both included in this list.
The up to 150 kg segment dominated the unmanned aerial vehicle (UAV) drones market in 2023. This type of unmanned aerial vehicle (UAV) drones are adaptable and can perform a wide range of operations, including search rescue, ground force support, irregular traffic surveillance, and intelligence missions.
The up to 600 kg segment, on the other hand, is predicted to develop at a rapid rate over the projection period. Nowadays, the unmanned aerial vehicle (UAV) drones are being manufactured mostly with the payload of 600 kg.
In 2023, the camera segment dominated the unmanned aerial vehicle (UAV) drones market. The unmanned aerial vehicle (UAV) drones employ investigation, continuous video monitoring, border security, remote surveillance, rescue and law enforcement, and vital infrastructure protection.
The sensor segment, on the other hand, is predicted to develop at the quickest rate in the future years. The inertial measurement units (IMUs) are unmanned aerial vehicle (UAV) sensors that combine data from several sensors such as accelerometers, gyroscopes, and magnetometers to generate readings that may be used to compare the unmanned aerial vehicle (UAV) drones’ velocity and orientation.
The media and entertainment segment dominated the unmanned aerial vehicle (UAV) drones market in 2023. The unmanned aerial vehicle (UAV) drones have a number of advantages over traditional means of image capture, including lower costs and better film and photo quality. This is the primary factor driving the growth of the segment over the projection period.
The precision agriculture segment, on the other hand, is predicted to develop at a rapid rate over the projection period. The unmanned aerial vehicle (UAV) drones are used in precision agriculture for a variety of tasks, including field and soil analysis, pesticide, and planting. The unmanned aerial vehicle (UAV) drones can be used with a variety of imaging technologies, such as multispectral, hyperspectral, and thermal, to offer farmers with temporal and site-specific information about fungal infections and crop health.
The major stakeholders in the unmanned aerial vehicle (UAV) drones market, as well as their offers and distribution channels, were identified across geographies, and their regional presence was understood through in-depth discussions. Additionally, the global unmanned aerial vehicle (UAV) drones market size is calculated using the average revenue by the key market players, segregated by regions.
Segments Covered in the Report
By Type
By Load Capacity
By Duration
By Range
By Application
By Geography
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Unmanned Aerial Vehicle (UAV) Drones Market
5.1. COVID-19 Landscape: Unmanned Aerial Vehicle (UAV) Drones Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Unmanned Aerial Vehicle (UAV) Drones Market, By Type
8.1. Unmanned Aerial Vehicle (UAV) Drones Market, by Type, 2024-2033
8.1.1. Fixed Wing
8.1.1.1. Market Revenue and Forecast (2021-2033)
8.1.2. Vertical Take-off & Landing (VTOL)
8.1.2.1. Market Revenue and Forecast (2021-2033)
8.1.3. Small Tactical Unmanned Air System (STUAS)
8.1.3.1. Market Revenue and Forecast (2021-2033)
8.1.4. Medium Altitude Long Endurance (MALE)
8.1.4.1. Market Revenue and Forecast (2021-2033)
8.1.5. High Altitude Long Endurance (HALE)
8.1.5.1. Market Revenue and Forecast (2021-2033)
Chapter 9. Global Unmanned Aerial Vehicle (UAV) Drones Market, By Payload
9.1. Unmanned Aerial Vehicle (UAV) Drones Market, by Payload, 2024-2033
9.1.1. Up to 150 kg
9.1.1.1. Market Revenue and Forecast (2021-2033)
9.1.2. Up to 600 kg
9.1.2.1. Market Revenue and Forecast (2021-2033)
Chapter 10. Global Unmanned Aerial Vehicle (UAV) Drones Market, By Component
10.1. Unmanned Aerial Vehicle (UAV) Drones Market, by Component, 2024-2033
10.1.1. Camera
10.1.1.1. Market Revenue and Forecast (2021-2033)
10.1.2. Sensors
10.1.2.1. Market Revenue and Forecast (2021-2033)
Chapter 11. Global Unmanned Aerial Vehicle (UAV) Drones Market, By Application Type
11.1. Unmanned Aerial Vehicle (UAV) Drones Market, by Application Type, 2024-2033
11.1.1. Media & Entertainment
11.1.1.1. Market Revenue and Forecast (2021-2033)
11.1.2. Precision Agriculture
11.1.2.1. Market Revenue and Forecast (2021-2033)
11.1.3. Energy
11.1.3.1. Market Revenue and Forecast (2021-2033)
Chapter 12. Global Unmanned Aerial Vehicle (UAV) Drones Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Type (2021-2033)
12.1.2. Market Revenue and Forecast, by Payload (2021-2033)
12.1.3. Market Revenue and Forecast, by Component (2021-2033)
12.1.4. Market Revenue and Forecast, by Application Type (2021-2033)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Type (2021-2033)
12.1.5.2. Market Revenue and Forecast, by Payload (2021-2033)
12.1.5.3. Market Revenue and Forecast, by Component (2021-2033)
12.1.5.4. Market Revenue and Forecast, by Application Type (2021-2033)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Type (2021-2033)
12.1.6.2. Market Revenue and Forecast, by Payload (2021-2033)
12.1.6.3. Market Revenue and Forecast, by Component (2021-2033)
12.1.6.4. Market Revenue and Forecast, by Application Type (2021-2033)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Type (2021-2033)
12.2.2. Market Revenue and Forecast, by Payload (2021-2033)
12.2.3. Market Revenue and Forecast, by Component (2021-2033)
12.2.4. Market Revenue and Forecast, by Application Type (2021-2033)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Type (2021-2033)
12.2.5.2. Market Revenue and Forecast, by Payload (2021-2033)
12.2.5.3. Market Revenue and Forecast, by Component (2021-2033)
12.2.5.4. Market Revenue and Forecast, by Application Type (2021-2033)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Type (2021-2033)
12.2.6.2. Market Revenue and Forecast, by Payload (2021-2033)
12.2.6.3. Market Revenue and Forecast, by Component (2021-2033)
12.2.6.4. Market Revenue and Forecast, by Application Type (2021-2033)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Type (2021-2033)
12.2.7.2. Market Revenue and Forecast, by Payload (2021-2033)
12.2.7.3. Market Revenue and Forecast, by Component (2021-2033)
12.2.7.4. Market Revenue and Forecast, by Application Type (2021-2033)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Type (2021-2033)
12.2.8.2. Market Revenue and Forecast, by Payload (2021-2033)
12.2.8.3. Market Revenue and Forecast, by Component (2021-2033)
12.2.8.4. Market Revenue and Forecast, by Application Type (2021-2033)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Type (2021-2033)
12.3.2. Market Revenue and Forecast, by Payload (2021-2033)
12.3.3. Market Revenue and Forecast, by Component (2021-2033)
12.3.4. Market Revenue and Forecast, by Application Type (2021-2033)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Type (2021-2033)
12.3.5.2. Market Revenue and Forecast, by Payload (2021-2033)
12.3.5.3. Market Revenue and Forecast, by Component (2021-2033)
12.3.5.4. Market Revenue and Forecast, by Application Type (2021-2033)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Type (2021-2033)
12.3.6.2. Market Revenue and Forecast, by Payload (2021-2033)
12.3.6.3. Market Revenue and Forecast, by Component (2021-2033)
12.3.6.4. Market Revenue and Forecast, by Application Type (2021-2033)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Type (2021-2033)
12.3.7.2. Market Revenue and Forecast, by Payload (2021-2033)
12.3.7.3. Market Revenue and Forecast, by Component (2021-2033)
12.3.7.4. Market Revenue and Forecast, by Application Type (2021-2033)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Type (2021-2033)
12.3.8.2. Market Revenue and Forecast, by Payload (2021-2033)
12.3.8.3. Market Revenue and Forecast, by Component (2021-2033)
12.3.8.4. Market Revenue and Forecast, by Application Type (2021-2033)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Type (2021-2033)
12.4.2. Market Revenue and Forecast, by Payload (2021-2033)
12.4.3. Market Revenue and Forecast, by Component (2021-2033)
12.4.4. Market Revenue and Forecast, by Application Type (2021-2033)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Type (2021-2033)
12.4.5.2. Market Revenue and Forecast, by Payload (2021-2033)
12.4.5.3. Market Revenue and Forecast, by Component (2021-2033)
12.4.5.4. Market Revenue and Forecast, by Application Type (2021-2033)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Type (2021-2033)
12.4.6.2. Market Revenue and Forecast, by Payload (2021-2033)
12.4.6.3. Market Revenue and Forecast, by Component (2021-2033)
12.4.6.4. Market Revenue and Forecast, by Application Type (2021-2033)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Type (2021-2033)
12.4.7.2. Market Revenue and Forecast, by Payload (2021-2033)
12.4.7.3. Market Revenue and Forecast, by Component (2021-2033)
12.4.7.4. Market Revenue and Forecast, by Application Type (2021-2033)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Type (2021-2033)
12.4.8.2. Market Revenue and Forecast, by Payload (2021-2033)
12.4.8.3. Market Revenue and Forecast, by Component (2021-2033)
12.4.8.4. Market Revenue and Forecast, by Application Type (2021-2033)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Type (2021-2033)
12.5.2. Market Revenue and Forecast, by Payload (2021-2033)
12.5.3. Market Revenue and Forecast, by Component (2021-2033)
12.5.4. Market Revenue and Forecast, by Application Type (2021-2033)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Type (2021-2033)
12.5.5.2. Market Revenue and Forecast, by Payload (2021-2033)
12.5.5.3. Market Revenue and Forecast, by Component (2021-2033)
12.5.5.4. Market Revenue and Forecast, by Application Type (2021-2033)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Type (2021-2033)
12.5.6.2. Market Revenue and Forecast, by Payload (2021-2033)
12.5.6.3. Market Revenue and Forecast, by Component (2021-2033)
12.5.6.4. Market Revenue and Forecast, by Application Type (2021-2033)
Chapter 13. Company Profiles
13.1. General Atomics Aeronautical Systems
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Israel Aerospace Industries
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. ALCORE Technologies
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. BAE Systems
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Nimbus
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. VTOL Technologies
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Xiaomi
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. ING Robotic Aviation
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. PrecisionHawk
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Lockheed Martin
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
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