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The global UAV payload and subsystems market reached a value of US$ 8.7 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 7.5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
An Unnamed Ariel Vehicle, i.e. UAV, or a drone indispensably carries extra weight which is not included in the weight of the drone itself. This weight includes extra cameras, sensors or packages for delivery. Payloads which are required for business drones mainly include GPS, additional data telemetry, LiDAR etc. With the advancement in technology, military sectors, as well as commercial users, are increasingly utilising drones to enhance their services and outputs. The size and weight of the payloads is decided by the weight of the drone. A heavier drone can carry big payloads. The demand of payload subsystems is increasing in parallel with the increasing popularity of drones.
Drivers of Global UAV Payload and Subsystems Market:
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the The global UAV payload and subsystems market report, along with forecasts for growth at the global and regional level from 2021-2026. Our report has categorized the market based on type, subsystems and application.
Breakup by Type:
Based on the type, the market has been segmented as camera and sensors, weaponry, radar and communications, and others. Currently, cameras and sensors currently hold the largest market share.
Breakup by Subsystems:
Based on the subsystems, the market has been segmented as ground control station system, signal transmission system and propulsion system. Amongst all these, ground control station system cureently represent as the leading segment.
Breakup by Application:
Based on the application, the market has been segmented into military and civil. Military applications currently represent as the largest segment.
Breakup by Region:
Region-wise, the market has been segmented into North America, Asia Pacific, Europe, Middle East and Africa, and Latin America. North America represents the biggest market and holds majority of the market share.
The competitive landscape of the market has also been examined with some of the key players being AeroVironment, Boeing, Elbit Systems, BAE Systems, Northrop Grumman Corporation, Harris Corporation, CACI International, Rheinmetall AG, ThalesRaytheonSystems, Lockheed Martin Corporation, Israel Aerospace Industries, General Dynamics Corporation, GA-ASI, Raytheon and Textron Systems.
This report provides a deep insight into the global UAV payload and subsystems market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the UAV payload and subsystems industry in any manner.
|Base Year of the Analysis||2020|
|Segment Coverage||Type, Subsystems, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Companies Covered||AeroVironment, Boeing, Elbit Systems, BAE Systems, Northrop Grumman Corporation, Harris Corporation, CACI International, Rheinmetall AG, ThalesRaytheonSystems, Lockheed Martin Corporation, Israel Aerospace Industries, General Dynamics Corporation, GA-ASI, Raytheon and Textron Systems.|
|Customization Scope||10% Free Customization|
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
Key Questions Answered in This Report:
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