The global UAV Payload and Subsystems market was valued at US$ 6906.1 million in 2022 and is projected to reach US$ 12730 million by 2029, at a CAGR of 9.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
UAV payload and subsystems is majorly utilized by military forces to enhance the ability to execute missions that are not considered safe. Military forces across the world utilize UAVs to perform intelligence, surveillance, and reconnaissance missions. Commercial users utilize UAVs in wildlife research, photography, and in the oil and gas exploration among others. It is also widely used in agriculture to help farmers in precision farming activities.
UAV Payload and Subsystems Market aims to provide a comprehensive presentation of the global market for UAV Payload and Subsystems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding UAV Payload and Subsystems. UAV Payload and Subsystems Market contains market size and forecasts of UAV Payload and Subsystems in global, including the following market information:
- Global UAV Payload and Subsystems Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global UAV Payload and Subsystems Market Sales, 2018-2023, 2024-2032, (K Units)
- Global top five UAV Payload and Subsystems companies in 2022 (%)
The market demand would be significantly driven by increased UAV procurement from several countries across the world. Several improvement in the areas of persistent surveillance systems, electronic countermeasures, and improvement in communications, along with increase in search and rescue operations with the help of UAVs would also help to create new opportunities for UAV payloads. UAV payloads consists of sensors, communication systems, and electronics to collect and manage the data generated. C4I has the highest market share of payload and subsystems, and would continue to hold this position by the end of forecast period. However, the market for electro optic payloads is expected to have the highest growth rate, due to high price of optical fiber.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the UAV Payload and Subsystems manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global UAV Payload and Subsystems Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global UAV Payload and Subsystems Market Segment Percentages, by Type, 2022 (%)
- Camera and Sensors
- Weaponry
- Radars and Communications
Global UAV Payload and Subsystems Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global UAV Payload and Subsystems Market Segment Percentages, by Application, 2022 (%)
Global UAV Payload and Subsystems Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global UAV Payload and Subsystems Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies UAV Payload and Subsystems revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies UAV Payload and Subsystems revenues share in global market, 2022 (%)
- Key companies UAV Payload and Subsystems sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies UAV Payload and Subsystems sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Boeing
- BAE Systems
- Elbit Systems
- Lockheed Martin
- Northrop Grumman
- AeroVironment
- GA-ASI
- Israel Aerospace Industries
- Raytheon
- Textron Systems
Outline of Major Chapters:
Chapter 1: Introduces the definition of UAV Payload and Subsystems, market overview.
Chapter 2: Global UAV Payload and Subsystems market size in revenue and volume.
Chapter 3: Detailed analysis of UAV Payload and Subsystems manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of UAV Payload and Subsystems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global UAV Payload and Subsystems capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
Industry Market Size
