UAV Payload and Subsystems Market PDF: Size, Share, Trends, Growth & Forecast to 2019 - 2024

1. Global UAV Payload and Subsystems Market Research Report and Forecast 2024 Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global UAV Payload and Subsystems Market Overview: According to the latest report by IMARC Group, titled “UAV Payload and Subsystems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global UAV payload and subsystems market size reached US$ 7.6 Billion in 2018. The UAV is a remote aircraft, also referred to as a drone, that can either be operated by a pilot at a ground station or fly autonomously based on pre-programmed flight plans or dynamic automation systems. Payloads are essential components in UAVs that are added to perform specific operational missions. Advancements in electro-optical payloads have enabled unmanned vehicles to see and avoid obstacles, navigate accurately, detect movement, locate the enemy, and inform potential for buried improvised explosive devices (IEDs). Earlier, UAVs were designed to maximize military endurance & range, but technological advancements have enabled private entrepreneurs to develop commercial applications for these systems. Request for a free sample report: https://www.imarcgroup.com/uav-payload-subsystems- market/requestsample Global UAV Payload and Subsystems Market Trends The defense industry is one of the key areas that widely utilize UAVs.

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Billion US$ in Billion US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Owing to the stealth technology, which enables the aircraft to go undetected by radars, UAVs are employed by the military and defense sector to execute intelligence, surveillance and reconnaissance (ISR) missions. For instance, BAE Systems and engineers from Prismatic collaborated to develop a new solar powered high-altitude long endurance (HALE) UAV subsystem known as PHASA-35. It has a long- life battery and ultra-lightweight solar cells that have the potential to maintain flights for up to 12 months. Looking forward, the market value is projected to reach US$ 11.6 Billion by 2024, exhibiting a CAGR of 7.3% during 2019-2024.

5. Report Description and Highlights Report Description In addition, UAVs are also used for various purposes in wildlife research, photography, oil and gas, and agriculture industries. Apart from this, the launch of innovative variants, such as miniature and hybrid UAVs by manufacturers, is also contributing significantly to the market growth. Also, an increasing number of partnerships between several key players with the aim to create advanced UAVs with the latest technology is also expected to influence the market growth. UAV Payload and Subsystems Market Segmentation Market Segmentation by Type • • • • Camera and Sensors Weaponry Radar and Communications Others Based on the type, market has been segmented as camera and sensors, weaponry, radar & communications, and others. Amongst these, cameras & sensors are currently dominating the market. For more information, click here: https://www.imarcgroup.com/uav-payload-subsystems-market

6. Report Description and Highlights Report Description Market Segmentation by Subsystems • • • GCS System Signal Transmission System Propulsion System On the basis of the subsystem, the ground control station (GCS) system accounts for the largest market share. Some of the other subsystems are signal transmission and propulsion system. Market Segmentation by Application • • Military Civil Based on the application, the market is segmented into military and civil. Currently, the market is being dominated by the military segment. Market Segmentation by Region

7. Report Description and Highlights Report Description • • • • • North America Asia Pacific Europe Middle East and Africa Latin America Region-wise, North America holds the leading position in the market. Other major regions include Asia Pacific, Europe, Middle East and Africa, and Latin America. Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players. • • • • • AeroVironment Boeing Elbit Systems BAE Systems Northrop Grumman Corporation

8. Report Description and Highlights Report Description • • • • • • • • • • Harris Corporation CACI International Rheinmetall AG ThalesRaytheonSystems Lockheed Martin Corporation Israel Aerospace Industries General Dynamics Corporation GA-ASI Raytheon Textron Systems

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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