The Unmanned Composites Global Market Report 2023, provides comprehensive information on the unmanned composites market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Unmanned Composites Global Market Report 2023, the global unmanned composites market is expected to grow from $1.32 billion in 2022 to $1.50 billion in 2023 at a compound annual growth rate (CAGR) of 13.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The unmanned composites market is expected to reach $2.55 billion in 2027 at a CAGR of 14.1%.
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Product innovations are a key trend gaining popularity in the unmanned composites market. Major companies operating in the unmanned composites market are focused on innovating new products to sustain their position in the market. For instance, in September 2022, Xenia Srl, an Italy-based plastic fabrication company, launched XECARB ST, a new family of super tough carbon fiber-reinforced composites. It identified a need for higher impact resistance by combining advanced lightweight with superior impact strength. Xenia’s XECARB range’s mechanical qualities are built upon in XECARB ST, which features significantly enhanced notched impact resistance, low-temperature flexibility, and tensile elongation at break. XECARB ST is believed to give more lightweight options due to its slightly reduced density.
The unmanned composites market is segmented:
- By Type: Carbon Fiber Reinforced Polymer (CFRP), Glass Fiber Reinforced Polymer (GFRP), Aramid Fiber Reinforced Polymer (AFRP), Boron Fiber Reinforced Polymer (BFRP)
2) By Platform: Unmanned Aerial Vehicles, Unmanned Ground Vehicles, Unmanned Surface Vehicles, Autonomous Underwater Vehicles, Remotely Operated Vehicles, Autonomous Ship, Passenger Drone
3) By Application: Interior, Exterior
North America was the largest region in the unmanned composites market in 2022.
The table of contents in TBRC’s unmanned composites market report includes:
- Executive Summary
- Unmanned Composites Market Characteristics
- Unmanned Composites Market Trends And Strategies
- Unmanned Composites Market – Macro Economic Scenario
- Global Unmanned Composites Market Size and Growth
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- Global Unmanned Composites Market Competitive Benchmarking
- Global Unmanned Composites Market Competitive Dashboard
- Key Mergers And Acquisitions In The Unmanned Composites Market
- Unmanned Composites Market Future Outlook and Potential Analysis
- Appendix
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