Global Unmanned Aircraft System Market Industry 2023

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Unmanned Aircraft System Market Global Industry
Analysis, Trends, Market Size and Forecasts up to
2023
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A latest report has been added to the wide
database of Unmanned Aircraft Systems Market by
Infinium Global Research. This report studies the
Unmanned Aircraft Systems Market by application
(Military, Civil Commercial, and Public Safety)
market status and outlook of global and major
regions, from manufacturers, and end industries.
The objective of the study is to identify market
sizes of different segments countries in recent
years and to forecast the values for the
next six years. Unmanned Aircraft Systems
Market provides opportunities in micro
markets for stakeholders to invest along with
the detailed analysis of competitive landscape,
latest trends, and product offerings of the major
companies in the Unmanned Aircraft Systems
Market. According to report the global unmanned
aircraft system market will grow from USD 10.48
billion in 2016 to USD 34.06 billion in 2023,
with a CAGR of 18.34. The governments around
the world are proactively seeking to integrate
advance unmanned aircraft system capabilities
into their defense forces, either through
research and development of home-grown systems or
through the acquisition of imported systems or
components. Alliance forces are using unmanned
aircraft system in Afghanistan and Iraq to carry
out surveillance operations and deliver critical
intelligence to American ground forces. The
development of military grade unmanned aircraft
system has been initiated by companies in U.S.
and Israel. The component and standalone unmanned
aircraft system manufacturers in these countries
have developed indigenous capabilities to cherish
partnerships, co- production and marketing
agreements around the world. Furthermore, many
European governments and companies have entered
into joint agreements with U.S. companies to
develop and build flagship unmanned aircraft
system products. For instance, European Aerospace
Defense and Space and Northrop Grumman
collaborated to develop the Euro Hawk, a
derivative of the flagship Global Hawk. The
majority of the unmanned aircraft system is
deployed for military purposes. The lack of
standards and regulatory framework and procedures
to govern safe integration for civil and
commercial use of unmanned aircraft system limits
the adoption of unmanned aircraft system in the
civilian and commercial airspace, thus hampering
growth in non-military unmanned aircraft system
sector. Liberalization of unmanned aircraft
system market can result in existing military
unmanned aircraft system manufacturers dominating
civil-use unmanned aircraft system markets. These
vendors can leverage their existing capabilities
and technologies in the adaptation of existing
platforms or development of new systems for
civil- commercial purposes. However, military
unmanned aircraft system manufacturers are
expected to face stiff competition from new
entrants in upcoming years. The unmanned aircraft
system market for Military applications is highly
mature while the Civil and commercial unmanned
aircraft system market is in its early days.
Increasing use of unmanned aircraft system for
civil and commercial applications has raised many
legal and social issues pertaining to privacy,
safety, and security of individuals, and
organizations. The unmanned aircraft system
market will grow from USD 10.48 billion in 2016
to USD 34.06 billion in 2023, with a CAGR of
18.34. The North America region dominates
the global unmanned aircraft system market
in 2016 and the trend is expected to
continue over the forecast period. This can be
attributed to increasing penetration of unmanned
aircraft system in the military as a well as
commercial sector. The
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• Asia-Pacific region is expected to reflect
  highest compounded annual growth rate resulting
  mainly from increasing development of competitive
  priced unmanned aircraft system and components
  in-house in China.
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• Table of Contents-
• Preface
• Report Description
• Research Methods
• Research Approaches
• Executive Summary
• Global Unmanned Aircraft System Market Overview
• Introduction

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• 3.5 Competitive Landscape in the Global Unmanned
  Aircraft System Market
• Global Unmanned Aircraft System Market by
  Application 2017 - 2023
• Military
• Civil Commercial
• Public Safety
• Global Unmanned Aircraft System Market by Regions
  2017 - 2023
• North America
• North America Unmanned Aircraft System Market by
  Application
• North America Unmanned Aircraft System Market by
  Country
• Europe

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• RoW
• RoW Unmanned Aircraft System Market by
  Application
• RoW Unmanned Aircraft System Market by Sub-region
• Companies Covered
• Lockheed Martin
• Northrop Grumman Corporation
• 3D Robotics
• AeroVironment
• Boeing
• Yamaha Motor Company