Unmanned Defense Aerial Vehicle Market Size and Forecast 2024-2033|The Boeing Company, BAE Systems PLC, SZ DJI Technology Co. Ltd. (DJI), Elbit Systems Ltd., General Atomics Aeronautical Systems Inc

Overview and Scope

Unmanned defense aerial vehicle refers to drones and aircraft with no onboard humans that are guided autonomously, used in defense operations. UAVs carry sensors, target designators, aircraft ordnance such as ATGMs, missiles, bombs, or electronic transmitters that are designed to destroy enemy targets in defense applications

Sizing and Forecast

The unmanned defense aerial vehicle market size has grown strongly in recent years. It will grow from <b>$15.16 billion in 2023 to $16.52 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. </b> The  growth in the historic period can be attributed to military modernization, counterterrorism and asymmetric warfare, improved surveillance and reconnaissance, technological advancements

The unmanned defense aerial vehicle market size is expected to see strong growth in the next few years. It will grow to <b>$23.34 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. </b> The growth in the forecast period can be attributed to growing adoption of armed uavs, counter-drone technologies, geopolitical tensions, urban warfare and asymmetric threats. Major trends in the forecast period include electromagnetic warfare (ew), hybrid-electric uavs, environmental adaptation, maritime and submarine operations

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Segmentation & Regional Insights

The unmanned defense aerial vehicle market covered in this report is segmented –

1) By UAV Type: Multi Rotor, Single Rotor, Fixed Wing, Fixed Wing Hybrid VTOL

2) By Range:  Visual Line of Sight (VLOS), Extended Visual Line of Sight (EVLOS), Beyond Line of Sight (BLOS)

3) By Technology: Remotely Operated, Semi-Autonomous, Fully-Autonomous

<b>Asia-Pacific</b> was the largest region in unmanned defense aerial vehicle market in 2023. <b>Western Europe</b> is expected to be the fastest-growing region in the unmanned defense aerial vehicle market during the forecast period. The regions covered in the unmanned defense aerial vehicle market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth

Increasing spending on defense for unmanned technologies is predicted to contribute to the growth of the unmanned defense aerial vehicle market during the forecast period. According to, US defense procurement is expected to ramp up from $2.5 billion in 2020 to approximately $3.3 billion by the end of 2030. Thus, the increasing spending on R&D by the defense sector on unmanned technologies is anticipated to propel the revenues for the unmanned defense aerial vehicles market over the forthcoming years

Key Industry Players

Major companies operating in the unmanned defense aerial vehicle market include <b>The Boeing Company, BAE Systems plc, SZ DJI Technology Co. Ltd. (DJI), Elbit Systems Ltd., General Atomics Aeronautical Systems Inc., Israel Aerospace Industries Ltd. (IAI), Northrop Grumman Corporation, Textron Inc., AeroVironment Inc., Lockheed Martin Corporation, 3D Robotics Inc., Action Drone Inc., AguaDrone, Airbus SE, Autel Robotics USA LLC, CyPhy Works Inc., Delair, Dragonfly Innovations Inc., Hubsan, Insitu a Boeing Company, Kespry Inc., Parrot SA, Yuneec International Co. Ltd., PrecisionHawk Inc., Prox Dynamics AS (Prox Dynamics was acquired by FLIR Systems), Raptor Maps Inc., Raytheon Technologies Corporation, Science Applications International Corporation (SAIC), Shield AI Inc., Thales Group, Turkish Aerospace Industries Inc. (TAI), Vantage Robotics, Vayu Inc.</b

The unmanned defense aerial vehicle market report table of contents includes:

1. Executive Summary

2. Unmanned Defense Aerial Vehicle Market Characteristics

3. Unmanned Defense Aerial Vehicle Market Trends And Strategies

4. Unmanned Defense Aerial Vehicle Market – Macro Economic Scenario

5. Global Unmanned Defense Aerial Vehicle Market Size and Growth

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26. South America Unmanned Defense Aerial Vehicle Market

27. Brazil Unmanned Defense Aerial Vehicle Market

28. Middle East Unmanned Defense Aerial Vehicle Market

29. Africa Unmanned Defense Aerial Vehicle Market

30. Unmanned Defense Aerial Vehicle Market Competitive Landscape And Company Profiles

Top Major Players:

• The Boeing Company
• BAE Systems PLC,
• SZ DJI Technology Co. Ltd. (DJI),
• Elbit Systems Ltd.
• General Atomics Aeronautical Systems Inc

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