Tactical UAV Market 2019-2024 Upcoming Trends, Development Strategy, Market Analysis by Major Key Players, Regions, and Countries, and Forecast

Tactical UAV

Tactical UAV Market report 2019 shows the market segment and regional analysis by size, growth, and forecast year. Tactical UAV market report also covers the competitive analysis, merger acquisition and marketing strategies that is adopted by leading players. Tactical UAV market report covers the details of company profile, products, services, and recent developments that will be beneficial for new entrants.

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Market Overview:

  • The tactical UAV market is anticipated to reach USD 6.48 billion by 2024, with a CAGR of 19.21% during the forecast period. This growth is due to the growing procurements of UAVs by the armies to provide a competitive advantage on the battlefield.
  • - This growth is also due to the increasing investments in tactical UAVs in the Asia-Pacific region. Countries like China and India are investing in these UAVs. In the past few years, China deployed a number of UAVs, which includes tactical and strategic UAVs, such as the ASN-209 tactical UAV system.
  • - Integrating the technologies, like artificial intelligence, cloud computing, hypersonic technologies, and swarms of small drones into the existing tactical UAV technologies will provide future opportunities for the development of advanced tactical UAV systems.
  • Tactical UAV Market Includes Major Key Players: 

  • DJI
  • Aeronautics Ltd
  • General Atomics
  • BAYKAR
  • BlueBird Aero Systems
  • Elbit Systems Ltd
  • AeroVironment Inc.
  • Israel Aerospace Industries (IAI)
  • The Boeing Company
  • Safran
  • Leonardo S.p.A
  • Textron Inc.
  • Lockheed Martin Corporation
  • Northrop Grumman Corporation
  • SAAB AB
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    Key Market Trends:

    Military segment dominates in terms of market share

    The military segment currently has the highest market share due to high investments by military and armed forces into the procurement of advanced tactical UAVs, along with high R&D investments by the companies to provide advanced tactical features to the UAVs. For instance, China Aerospace Science and Technology Corp (CASC) unveiled the new generation attack and reconnaissance UAV, CH-X, at the Airshow, China, 2018. The new CH-X is the most advanced UAV in the CH series. CASC is one of the major manufacturers in the Chinese UAV market and has developed CH-3, CH-4, and CH-5 tactical UAVs. Such advancements in the military sector are expected to drive the growth of the segment during the forecast period.

    Rest of the World segment to experience the highest growth

    The rest of the world segment of the market is expected to register the highest CAGR during the forecast period, due to increasing R&D programs in countries, like Israel and increasing procurements by countries like Germany. Also, this growth is due to the increasing advancements in tactical UAVs in Russia and Ukraine. For instance, Anotov developed and deployed Gorlysta, a new tactical unmanned aerial vehicle for the Ukrainian forces. This UAV multifunctional tactical unmanned aircraft consists of four unmanned aircraft, a remote pilot station, as well as a command and communication link. This UAV can also carry missile systems. Such developments help the rest of the world segment to grow rapidly.

    Scope of the Report:

  • Tactical UAVs are generally used for applications like reconnaissance, surveillance, and target acquisition (RSTA). The tactical UAV missions can also include target designation, chemical-bio detection, mine countermeasures, theater air missile defense, electronic warfare, and information warfare.
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    Key Questions Answered in the Report:

    • What will the market growth rate of market in 2024?
    • What are the key factors that affects the Tactical UAV market?
    • Who are the key manufacturers in market?
    • What are the market drivers, restraints and opportunities of Tactical UAV Market?
    • What are the market size, share and forecast for different regions?
    • What are sales, revenue, and price analysis by regions of Tactical UAV industry?

    Tactical UAV Market Report Covered Following Points in TOC:

    • Overview of Company Profile
    • Market Insights, Buyers and Suppliers of Company
    • Market Dynamics like Drivers, Risk, Opportunities of Market
    • Market Segment by Types, Applications, and Size
    • Regional Market Analysis by Size, Growth Rate and Forecast Year
    • Competitors Analysis by Leading Players, Mergers, Acquisitions, Joint Ventures, Collaborations & Agreements
    • Tactical UAV Market’s Recent Developments and Future Strategies.

    Price of Report: $ 4250 (Single User License)

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    Tactical UAV Market Covers Following Points in TOC:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.3 Market Restraints
    4.4 Porter's Five Forces Analysis
    4.4.1 Bargaining Power of Buyers/Consumers
    4.4.2 Bargaining Power of Suppliers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 Application
    5.1.1 Military
    5.1.2 Law Enforcement
    5.1.3 Other Applications
    5.2 Geography
    5.2.1 North America
    5.2.1.1 United States
    5.2.1.2 Canada
    5.2.2 Europe
    5.2.2.1 United Kingdom
    5.2.2.2 France
    5.2.3 Asia-Pacific
    5.2.3.1 China
    5.2.3.2 India
    5.2.4 Rest of the World

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Vendor Market Share
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 DJI
    6.4.2 Aeronautics Ltd
    6.4.3 General Atomics
    6.4.4 BAYKAR
    6.4.5 BlueBird Aero Systems
    6.4.6 Elbit Systems Ltd
    6.4.7 AeroVironment Inc.
    6.4.8 Israel Aerospace Industries (IAI)
    6.4.9 The Boeing Company
    6.4.10 Safran
    6.4.11 Leonardo S.p.A
    6.4.12 Textron Inc.
    6.4.13 Lockheed Martin Corporation
    6.4.14 Northrop Grumman Corporation
    6.4.15 SAAB AB

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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