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Global Tactical UAV Market Report Coverage

Global Tactical UAV Market

Base Year

2022

Market Size in 2023

$5.58 Billion

Forecast Period

2023-2033

Value Projection and Estimation by 2033

$15.30 Billion

CAGR During Forecast Period

10.61%

Number of Pages

115
Number of Tables 39

Number of Figures

 25

 

Key Market Players and Competition Synopsis

The tactical UAV market comprises key players that have established themselves thoroughly and have the proper understanding of the market accompanied by start-ups who are looking forward to establishing themselves in this highly competitive market.

For instance, in February 2023, Rheinmetall signed a collaboration with AeroVironment to participate in a NATO special forces project. Rheinmetall Technical Publications GmbH (a subsidiary of Rheinland AG) and AeroVironment applied to join a procurement program for a small unmanned aerial system (UAS) designed for special operations and infantry applications. Apart from that, in September 2023, Skydio launched Skydio X10, a drone designed for first responders, infrastructure operators, and the U.S. and allied militaries around the world. It includes sensors to capture every detail of the data that matters and the AI-powered autonomy to put those sensors wherever they are needed.

The companies that are profiled have been selected based on thorough secondary research, which includes analyzing company coverage, product portfolio, market penetration, and insights gathered from primary experts.

Some prominent names established in this market are:

•    Raytheon
•    Boeing
•    Lockheed Martin Corporation
•    AIRBUS
•    Northrop Grumman
•    Thales
•    Leonardo S.p.A.
•    Textron, Inc.
•    Adani Group
•    Elbit Systems Ltd.
•    Saab AB
•    Kratos Defense & Security Solutions, Inc.
•    AeroVironment, Inc.
•    Parrot Drone SAS
•    BlueBird

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the different types of services available for deployment and their potential globally. Moreover, the study provides the reader with a detailed understanding of the global tactical UAV market by products based on UAV type and systems.

Growth/Marketing Strategy: The global tactical UAV market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. The favored strategy for the companies has been contracts and product launches to strengthen their position in the global tactical unmanned aerial vehicle (UAV) market. For instance, in Apr 2023, Insitu, a subsidiary of Boeing, launched its Integrator Vertical Take-off and Landing (VTOL) uncrewed aircraft system (UAS) at the Navy League’s Sea-Air-Space Exhibition in National Harbor, Maryland. The Integrator VTOL was capable of launching vertically on ships or land without compromising payload capacity or endurance. The system maintained the performance of fixed-wing aircraft, delivering the same long-range wide-area surveillance capability for extended periods.

Competitive Strategy: Key players in the tactical UAV market analyzed and profiled in the study involve tactical unmanned aerial vehicle (UAV) products offering companies. Moreover, a detailed competitive benchmarking of the players operating in the global tactical UAV market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Methodology: The research methodology design adopted for this specific study includes a mix of data collected from primary and secondary data sources. Both primary resources (key players, market leaders, and in-house experts) and secondary research (a host of paid and unpaid databases), along with analytical tools, have been employed to build the predictive and forecast models.

Data and validation have been taken into consideration from both primary sources as well as secondary sources.

Key Considerations and Assumptions in Market Engineering and Validation

•    Detailed secondary research has been done to ensure maximum coverage of manufacturers/suppliers operational in a country.
•    Exact revenue information, up to a certain extent, has been extracted for each company from secondary sources and databases. Revenues specific to product/service/technology were then estimated based on fact-based proxy indicators as well as primary inputs.
•    Based on the classification, the average selling price (ASP) has been calculated using the weighted average method.
•    The currency conversion rate has been taken from the historical exchange rate of Oanda and/or other relevant websites.
•    Any economic downturn in the future has not been taken into consideration for the market estimation and forecast.
•    The base currency considered for the market analysis is US$. Currencies other than the US$ have been converted to the US$ for all statistical calculations, considering the average conversion rate for that particular year.
•    The term “product” in this document may refer to “service” or “technology” as and where relevant.
•    The term “manufacturers/suppliers” may refer to “service providers” or “technology providers” as and where relevant.

Primary Research

The primary sources involve industry experts from the global tactical UAV industry, including tactical unmanned aerial vehicle (UAV) product providers. Respondents such as CEOs, vice presidents, marketing directors, and technology and innovation directors have been interviewed to obtain and verify both qualitative and quantitative aspects of this research study.

Secondary Research

This study involves the usage of extensive secondary research, company websites, directories, and annual reports. It also makes use of databases, such as Businessweek and others, to collect effective and useful information for a market-oriented, technical, commercial, and extensive study of the global market. In addition to the data sources, the study has been undertaken with the help of other data sources and websites.

Secondary research was done to obtain critical information about the industry’s value chain, the market’s monetary chain, revenue models, the total pool of key players, and the current and potential use cases and applications.

 

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Global Tactical UAV Market

Focus on Application, System, UAV Type, and Country - Analysis and Forecast, 2023-2033

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Some Faq's

Frequently Asked Questions

Tactical UAVs are unmanned aerial vehicles designed for short-range military and security applications. They excel in reconnaissance, surveillance, and target acquisition in sensitive or disputed areas, offering stealth, endurance, and precision. In the global market, there are various types of tactical UAVs, including fixed-wing and rotary-wing models. Fixed-wing tactical UAVs are known for their extended range and efficiency in covering large areas while rotary-wing variants provide enhanced maneuverability and versatility in complex environments. Some tactical UAVs are equipped with advanced sensors, cameras, and payload delivery systems to cater to specific operational requirements. The market exhibits a trend toward compact yet powerful UAVs that leverage modern technology for real-time data collection and enhanced situational awareness.

Existing market players in the tactical UAV industry are implementing innovative strategies to fortify their market positions. Many are focusing on research and development, investing in cutting-edge technologies to enhance the capabilities of their UAVs. Strategic partnerships and collaborations with technology firms and defense contractors are on the rise, facilitating the integration of advanced sensors and communication systems. Companies are also diversifying their product portfolios to address a wider range of military and security needs. Customization and flexibility in product offerings allow them to cater to specific client requirements. Additionally, there's a trend toward the development of more compact and agile UAVs to meet evolving operational demands. Marketing efforts emphasize the reliability and efficiency of these UAVs in addressing modern security challenges. Some market players are exploring international expansion, entering new markets to tap into emerging opportunities and broaden their customer base.

A new company entering the global tactical UAV market can differentiate itself by prioritizing innovation in UAV technology investing in advanced sensors, autonomy, and artificial intelligence capabilities. Emphasizing compact and versatile designs to address diverse operational scenarios will be crucial. Establishing strategic partnerships with technology leaders and defense contractors can facilitate the integration of cutting-edge components. A strong focus on customization and flexibility in product offerings will cater to specific client needs. Prioritizing cybersecurity measures to ensure the integrity of data transmission and storage is essential for gaining trust in the market. Offering comprehensive training programs for end users can enhance the adoption and effectiveness of UAVs. Active participation in industry conferences and collaborations with research institutions can foster credibility and keep the company at the forefront of technological advancements.

The following can be seen as some of the USPs of the report:

•    A dedicated section on growth opportunities and recommendations
•    A qualitative and quantitative analysis of the global tactical UAV market based on product.
•    Trend and challenge analysis of different countries, which includes:
        o    U.S.
        o    U.K.
        o    China
        o    France
        o    India
        o    Germany
        o    Japan
        o    Canada
•    Regional and country-level forecast
•    A detailed company profile comprising established players and some start-ups that are capable of significant growth, along with an analyst view

Companies developing tactical UAVs, equipment manufacturers, government and regulatory bodies, R&D institutions, educational institutes, and training providers should buy this report.

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