Drones (Unmanned Aircraft Vehicles) for Maritime Operation – Thematic Research
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
Maritime Drone Market Overview
The global military UAV market was valued at $8 billion in 2021 and is expected to grow at a CAGR of more than 7% during 2021-2031. The demand for UAVs is expected to be driven by internal and external security threats, territorial disputes, and modernization initiatives undertaken by armed forces across the world. Countries across the globe are therefore investing in the procurement, research, and development of UAVs.
Unmanned aircraft vehicles (UAVs), commonly called drones, have proliferated rapidly in the naval domain and are becoming a standard tool with a low-cost means of conducting intelligence, surveillance, and reconnaissance missions. Advanced navies seek to enhance their utilization of UAVs in logistic transport and other naval operations such as anti-submarine warfare (ASW), anti-surface warfare (ASUW), mine counter measure (MCM) and electronic warfare (EW). Future UAVs will be quite stealthier, faster, highly advanced equipped for more autonomous, more lethal, and would be able to deploy a large set of mini-UAVs in swarm groups.
Overview of the military UAV market
To know more about key players, download a free report sample
What are the market dynamics of the military drone market?
Accounting for more than 70% of the global drone market, the government segment, comprising military and law enforcement agencies, was the key demand generator for drones in 2018. Demand for UAVs from military forces will continue to grow as the number of potential applications of drone technologies increases. Drone manufacturers, component suppliers, software integrators, and prospective enterprise users all share a vested interest in collaboration in order to promote the adoption of drone technology.
The majority of today’s UAVs are utilized for intelligence, surveillance and reconnaissance (ISR), search and rescue, and constabulary missions. Enhanced capabilities in areas such as endurance, data processing, and communications have broadened ISR UAV use in both defense and intelligence roles. Currently, vertical take-off and landing (VTOL) UAVs have become a new trend for logistic purposes.
To improve flight performance and expand the capabilities of their drones, drone manufacturers are working on scaling drone technology up, on one hand, to deliver greater carrying capacity and endurance and down on the other to deliver low-cost, small footprint drones for surveillance. As UAVs improve in terms of size, weight, and power (SwaP) parameters and also become cheaper to produce, with almost complete autonomous capabilities achievable in the near future, swarming, which is defined as multiple autonomous aircraft networked together, is anticipated to usher in a new era of UAV capabilities, bringing along with it the need to be able to neutralize such attacks by rival parties.
Another segment gaining popularity is drones as a service (DaaS), which refers to the concept of renting drone services on an as-needed basis, rather than having to develop drone capabilities in-house.
What are the market segments of the military drone market?
GlobalData segments the global military drone market into six categories: high altitude long endurance (HALE) UAVs, medium altitude long endurance (MALE) UAVs, tactical UAVs (TUAVs), mini UAVs, vertical take-off and landing (VTOL) UAVs, and unmanned combat aerial vehicles (UCAVs). Of these six segments, GlobalData forecasts that only MUAV and TUAVs will have a negative compound annual growth rate between 2021-2031.
UCAVs are expected to account for the largest share of expenditure globally followed by the MALE segment, HALE, and VTOL are expected to account for the third and fourth largest segments of expenditure and the remaining market share is expected to consist of the TUAV and the MUAV segments.
In terms of end-user, air force users are expected to account for the largest share of expenditure globally followed by the naval users, joint users, army users, and other force users.
What are the segmentations in military drone value chain?
The military drone value chain is segmented into three sectors – sector layer, market layer, and component layer. The sector layer is categorized into government and civilian sectors, which further break down into the market layers. The government sector includes the military and homeland security drone markets, whereas the civilian sector is made up of the commercial and consumer drone markets.
These markets are then further categorized into three broader component layers:
- Hardware: Recognizes the major companies supplying core drone components.
- Software: Identifies the top drone software providers and AI integrators.
- Services: Includes the leading drones as a service (DaaS) provider.
Which are the key companies in the military drone market?
Major companies in the drone market include AeroVironment, Airbus, Boeing (Insitu), DJI, Elbit Systems, and General Atomics.
Military drone market, key companies
To know more about key players, download a free report sample
Market report scope
Market size (Year – 2021) | $8 billion |
Growth rate | CAGR of >7% from 2021 to 2031 |
Base year for estimation | 2021 |
Forecast period | 2021-2031 |
Key Companies | AeroVironment, Airbus, Boeing (Insitu), DJI, Elbit Systems, General Atomics, and others |
Key Segments | High Altitude Long Endurance (HALE) UAVs, Medium Altitude Long Endurance (MALE) UAVs, Tactical UAVs (TUAVs), Mini UAVs, Vertical Take-Off and Landing (VTOL) UAVs, and Unmanned Combat Aerial Vehicles (UCAVs) |
Key Segments by end-user | Air Force Users, Naval Users, Joint Users, and Army Users |
Key Value Chain segmentation | Sector Layer, Market Layer and Component Layer |
This report is a thematic analysis of the military drone market. It provides:
- Navies and companies, cooperating with universities and research and development centers, have been developing and experimenting with various UAVs for many years and have transitioned some of these efforts into procurement/manufacture programs. There are still many UAV programs under development and at the technology demonstration level.
- A key driver for the development of drones is to move people away from contested and dangerous environments to avoid casualties, and to extend ISR capabilities.
- The majority of today’s UAVs are designed for ISR, search and rescue and constabulary missions. Advanced navies seek to enhance their utilization of UAVs in logistic transport and other naval operations such as anti-submarine warfare (ASW), anti-surface warfare (ASUW), mine counter measure (MCM) and electronic warfare (EW). Future UAVs will be quite stealthier, faster, highly advanced equipped for more autonomous, more lethal, and would be able to deploy a large set of mini-UAVs in swarm groups.
Reasons to Buy
- Corporations: Helps CEOs in all industries understand the disruptive threats to their competitive landscape.
- Investors: Helps fund managers focus their time on the most exciting investment opportunities in global Aerospace & Defense.
- Whilst most investment research is underpinned by backwards-looking company valuation models, GlobalData’s thematic methodology identifies which companies are best placed to succeed in a future filled with multiple disruptive threats. Compared to all our rival thematic research houses, our unique differentiator is that our thematic engine has a proven track record of predicting leaders and challengers.
- Gain an in-depth understanding of the underlying factors driving demand for UAVs in the top spending countries across the world and identify the opportunities offered by each of them
- Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
Northrop Grumman
AeroVironment
Elbit Systems
Lockheed Martin
Boeing
Airbus
Aviation Industry Corporation of China (AVIC)
Chengdu Aircraft Industry Group (CAIG)
Israel Aerospace Industries (IAI)
Ural Civil Aviation Plant (UZGA)
Kroshtadt
China Aerospace Science and Technology Corporation (CASC)
BAE Systems
Raytheon
Sukhoi
Kratos
Harbin Aircraft Industry
UMS AERO
Saab
Baykar Defense
Dassaut Aviation
Denel Dynamics
Turkish Aerospace Industries (TAI)
Textron
Martin UAV
DJI
Schiebel
Leonardo Aero360
Thales
Instant Eye
Laflamme
Yuneec
Parrot.
Table of Contents
Frequently asked questions
-
What is the military drone market value in 2021?
The total drone market value was $8 billion in 2021.
-
What was the growth rate of the military drone market?
The drone market is expected to grow at a CAGR of more than 7% during 2021-2031.
-
What are the key segments in the military drone market?
GlobalData segments the global military drone market into six categories: High Altitude Long Endurance (HALE) UAVs, Medium Altitude Long Endurance (MALE) UAVs, Tactical UAVs (TUAVs), Mini UAVs, Vertical Take-Off and Landing (VTOL) UAVs, and Unmanned Combat Aerial Vehicles (UCAVs).
-
Which are the major companies in the military drone market?
The major companies in the military drone market include AeroVironment, Airbus, Boeing (Insitu), DJI, Elbit Systems, and General Atomics.
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.