Global Tactical UAV Market Overview:
Tactical UAVs are designed to use in organic battalion or special forces for counter-terrorism, military reconnaissance, military strike, and other defense applications. It is available in close range, short-range, medium-range, long-range, endurance, and medium altitude long endurance category and can be operated by internal combustion engines and electric motors. The tactical UAVs are heavier and its long-range UAV uses advanced technology to overcome the communication problem. It is used especially in exploration and surveillance operations for tactical purposes.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increasing Popularity of Tactical UAVs in Military Renaissance and Counter-Terrorism
Market Growth Drivers:
Growing Military and Defense Sector Across the World and Demand for the UAVs for Reduced Risk to Human and for Proper Surveillance Tasks
Challenges:
Vulnerability to Jamming and Technical Problems with Tactical UAV
Restraints:
Advanced Level Skills Required for Operating Tactical UAV
Opportunities:
Surging Government Spendings on the Military Operation and its Advanced Technology in Combating and Strategy Formation will Boost the Tactical UAV Market
Competitive Landscape:
Some of the key players profiled in the report are BAYKAR (Turkey), Boeing Company (United States), Textron Inc (United States), Saab AB (Sweden), Elbit Systems Ltd. (Israel), Israel Aerospace Industries (Israel), Northrop Grumman Corporation (United States), Safran S.A. (France), Leonardo S.p.A. (Italy), General Atomics (United States), Bluebird Aero Systems Ltd (Israel) and AE Industrial Partners (Israel). Considering Market by Operation, the sub-segment i.e. Internal Combustion Engine will boost the Tactical UAV market.
Latest Market Insights:
On 24th September 2020, IAI signed today an agreement to acquire 50% of the equity of BlueBird Aero Systems. BlueBird, a leading UAS developer and integrator in the small tactical arena, has been providing its solutions to Israeli forces and worldwide customers for close to two decades.
On 28th January 2021, AE Industrial Partners, LP, announced that it has acquired UAV Factory, a global leader in the tactical Unmanned Aerial Vehicle (UAV) and Intelligence, Surveillance, Reconnaissance (ISR) technology markets. UAV Factory will be a new standalone unmanned technology platform for AEI, as the firm looks to further invest in this fast-growing market. Terms of the transaction were not disclosed.
What Can be Explored with the Tactical UAV Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Tactical UAV Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Tactical UAV
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Tactical UAV market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Tactical UAV market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Tactical UAV Manufacturers, Tactical UAV International Traders, Tactical UAV Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.