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UNMANNED AERIAL VEHICLES (UAV) PROPULSION MARKET, ANALYSIS AND FORECAST, 2016 -2022

An increase in the demand for unmanned aerial vehicles is a major factor attributing to the overall growth of UAV propulsion market since over a decade. It is estimated that the propulsion systems market was $2702.25 million in 2015.

SKU: AD012A
Published Year: 2016
 
 

The UAV propulsion systems market is experiencing a vigorous rate of growth over few years due to a rising demand of UAV usage in diverse applications. This high scale of growth of the UAV industry is subsequently influencing the propulsion system industry, wherein new programs are being carried out to develop higher fuel efficient engines, to overcome altitudinal challenges, and introduction of 3D printing in UAV engines among others. An impending need of UAVs for surveillance and attack purposes and a demand for spare parts, among others are some of the major reasons driving UAV propulsion systems market.

Moreover, with advantages offered by UAVs over manned aircrafts, this gives rise for the UAV propulsion systems market to gain an opportunity to grow further. UAVs are mounted with different types of engines in accordance to the required power to perform different operations. The major types of UAV engines include: gas turbine engines, piston engines, rotary engines, electrically propelled engines, solar power propelled propulsion systems, and hybrid engines, among others. By analysis, UAV propulsion systems generated $2.70 billion in 2015, in terms of revenue.

Following points provide a concrete description of the report content and the topics covered in the report:

  • This report identifies the global UAV propulsion systems market in different segments such as propulsion system type, UAV type, and geography
  • The market size of the sub segments of the above mentioned divisions is also mentioned in the report. 
  • The scope of this report is focused on the usage of engines in UAVs (other components of propulsion system like gearboxes, propellers, clutches are not included) 
  • The study includes the market analysis and forecast of global UAV propulsion systems market from 2016 to 2022 in terms of value. The report also highlights the year-on-year growth of the market
  • The study talks about the prime supply and demand side factors affecting the growth of the market along with the current and future trends in UAV propulsion system market
  • The study also presents a detailed examination of UAV propulsion systems market along the lines of market drivers, restraints, growth opportunities, and challenges
  • The report also highlights the value chain and evolution of the UAV propulsion system in the industry with a major focus on technology roadmap
  • A detailed competitive analysis has been included in this report which focuses on the key market developments & strategies followed by the key players in the market. This section covers the research and development (R&D) analysis of the leading players
  • UAV propulsion systems market analysis and forecast with respect to its various engine type such as  gas turbine, piston, rotary, solar powered, hybrid engines, and electrically propelled engines among others garner major emphasis in the report
  • In this report, various types of UAVs have been classified on the basis of engine installed
  • UAV propulsion system market has been analyzed for all geographies including North America, Europe, Asia-Pacific, and Rest of the World with further analysis with respect to several major countries
  • Several ongoing programs for advancement of UAV engines are included in this report
  • The key market players are analyzed and profiled in detail in the report. This section covers the business financials, company snapshots, key products & services, major developments, future programs (if any), and finally, the individual SWOT analysis.

TABLE OF CONTENT
1 EXECUTIVE SUMMARY
1.1 Global Market Scenario
1.2 Market Dynamics
1.3 Market By Propulsion Type
1.4 Market By Class
1.5 Market By Country
1.6 Regional Analysis
2 REPORT SCOPE
2.1 Market Definition
2.2 Scope Of The Report
2.2.1 Market By Propulsion System Type
2.2.2 Propulsion Market By UAV Type
2.2.2 Market By Geography
2.4 Assumptions & Limitations
2.4 Stakeholders
3 BIS RESEARCH METHODOLOGY 
3.1 Research Parameters
3.2 Secondary Research
3.3 Primary Research
3.4 Data Analysing And Market Estimation
4 INDUSTRY ANALYSIS 
4.1 UAV And Engines
4.2 Value Chain Analysis
4.3 UAV Procurement, By Countries
4.4 Global UAV Spending, By Range
4.5 Future UAV Programs And Spendings
4.6 UAV Propulsion Systems Programs
5 MARKET DYNAMICS
5.1 Introduction
5.2 Market Drivers
5.2.1 Increasing Need Of UAVs For Military Purposes 
5.2.2 High Procurement Of Engine Spare Parts Owing To Military Training
5.2.3 Rising Demand Of UAVs For Commercial Application
5.3 Market Restraints 
5.3.1 High UAV Engine Cost
5.4 Market Challenges 
5.4.1 Lesser UAV Flight Endurance Due To Usage Of Heavy Engine Components 
5.4.2 Lesser Efficient Propulsion At Higher Altitudes Due To Low Air To Fuel ratio
5.4.3 Miniaturization Of Propulsion System And For Micro/Mini UAVs
5.5 Market Opportunities 
5.4.1       Rise In UAV Procurement Budget Of Emering Economies To Strengthen Military Power Of The Country
5.4.1      Advanced Technological Innovation To Develop Efficient Hybrid Engine
5.4.2       Increase In Demand Of Solar Powered UAVs For Military And Commercial Applications Due To Higher Endurance
6 COMPETITIVE INSIGHTS
6.1 Competitive Landscape
6.2 Compettive Developments And Strategies
6.2.1 New Product Launches 
6.2.2 Business Expansions
6.2.3 Agreements, Collaboration, & Partnerships
6.2.4 Other Developments
7 UAV PROPULSION SYSTEMS MARKET SIZE
7.1 Introduction
7.2 UAV Propulsion Market Scenario
7.3 Gas Turbine Engline
7.4 Piston Engine
7.5 Wankel Engline
7.6 Solar Power Propelled
7.7 Electrically Powered
7.8 Hybrid Engines
8 PROPULSION MARKET, BY UAV TYPE/HORSE POWER REQUIRED 
8.1 Introduction
8.2 Market Scenario
8.3 Micro UAV (<1 Hp)
8.4 Mini UAV (1-20Hp)
8.5 Close Range UAV (20-90 Hp)
8.6 Male UAV (90-500 Hp)
8.7 Hale UAV (>500 Hp)
9 PROPULSION MARKET, BY GEOGRAPHY
9.1 Geographic Scenario
9.2 North America
9.2.1 North America: UAV Propulsion Systems Market, By Country
9.3 Europe
9.3.1 U.K.: UAV Propulsion Systems Market Analysis
9.3.2 Germany: UAV Propulsion Systems Market
9.3.3 France: UAV Propulsion Systems Market
9.4 APAC
9.4.1 India: UAV Propulsion Systems Market Analysis
9.4.2 China: UAV Propulsion Ssytems Market Analysis
9.4.3 Australia: UAV Propulsion Systems Market Analysis
9.4.4 Japan: UAV Propulsions Systems Market Analysis
9.9 ROW
10 COMPANY PROFILES
10.1 Rolls Royce Holdings Plc.
10.2 Pratt And Whitney
10.3 3W International
10.4 Rotax Aircraft Engine
10.5 UAV Engines Ltd.
10.6 GE Aviation
10.7 Sion Power Corp.
10.8 Göbler Hirthmotoren Gmbh & Co. Kg
10.9 Austro Engine
10.10 Honeywell International
10.11 Ortibal UAVE
11 APPENDIX 
11.1 Abbreviations
11.2 Related Reports

The UAV technology has become one of the essential constituents which comprise a country’s military mission nowadays. There is an increased requirement of noise reduction UAVs amongst military forces in order to carry out surveillance missions. Thus, an effective propulsion system is required so as to meet this particular requirement. The UAV propulsion system market has a huge growth potential due to a surge in the demand of UAVs from commercial and military applications. Various types of propulsion systems are being used in the UAVs depending on size of the aircraft. The central elements of the propulsion systems are:
1.    Energy source: fossil fuels, chemicals, biofuels, solar energy, electricity, methanol, hydrogen and energy mechanics
2.    Storage Media: batteries, capacitor, metal hydrides and tanks
3.    Mechanical Energy converter: fuel cell + electric motor, internal combustion engine
4.    Lift/thrust converter: fan, rotor, propeller, jet engine

Besides this, there are aftermarket solutions available for UAV Propulsion System.
  FIGURE 1    GLOBAL UAV PROPULSION MARKET, 2015-2022
 uav propulsion systems market

Source: Annual reports, SEC Filings, and Press Releases of Key Players in the Market; Journals; White Papers; Paid Databases; Primary Interviews; and BIS Research Analysis 

The demand for UAVs propulsion systems is rapidly gaining pace in the aerospace and defense industry owing to the flourishing level of future demand for unmanned aerial vehicles. The rising demand from defense and commercial applications are the major factors responsible for enhancing the growth of UAV propulsion market, globally. 
The UAV propulsion market is estimated to capture a market value of $2702.25 million in 2015 with gas turbine engine segment accommodating the highest share.
  FIGURE 2    UAV PROPULSION SYSTEMS MARKET ANALYSIS
 

UAV PROPULSION SYSTEMS MARKET ANALYSIS

Source: Annual reports, SEC Filings, and Press Releases of Key Players in the Market; Journals; White Papers; Paid databases; Primary Interview; and BIS Research Analysis 

UAV propulsion market has a high potential for the growth in the aerospace and defense industry which majorly attributed towards the high rate of proliferation of UAVs. Besides that, the increased usage in the commercial applications such as agriculture, photography, product delivery, and oil and gas has propelled the market.

  FIGURE 3    GEOGRAPHICAL ANALYSIS OF UAV MARKET
 

GEOGRAPHICAL ANALYSIS OF UAV MARKET

Source: Annual reports, SEC Filings, and Press Releases of Key Players in the Market; Journals; White Papers; Paid databases; Primary Interview; and BIS Research Analysis 

North America is expected to dominate the market in the forecast period which is followed by Asia Pacific, Europe and rest of the world. U.S. being the largest military spender; is expected to procure UAVs for its military missions, which indeed will generate demand for propulsion systems. Similarly, Asia Pacific is expected to grow at a fastest CAGR with China dominating the market in this region.

The key manufacturers in the UAV propulsion market include: Rolls Royce, Pratt and Whitney, 3W International, Rotax Aircraft Engine, UAV Engines Ltd., GE Aviation, Sion Power, Göbler Hirthmotoren GmbH & Co. KG, Austro Engine, Honeywell and Orbital UAVE.

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