Unmanned Aerial Vehicles (UAV) Market: trends, drivers, restrains, challenges, Value and Volume Analysis and more

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Although the technology evolves at the rapid pace, it remains obvious that, we are still at the early stage when it comes to Unmanned Aerial Vehicles (UAV) industry which is facing numerous challenges and restrains.


One can easily observe that, the imposition of strong rules and regulations on operating UAVs in the civil airspace hampers the market. UAV manufacturers are facing several technological challenges including minimization of sensors, increasing endurance, building lightweight UAVs, and making UAVs capable of performing with high precision. 

According to Research and Markets, the global UAV market volume is anticipated to reach 4.7 million units by the end of 2020; and the manufacturing of UAVs along with payload integration adds maximum value to the overall price of UAV.
Vendors include:
  • 3D Robotics
  • Aerovironment Inc.
  • Airbus Group (Eads)
  • Bae Systems
  • Cybaero Ab
  • DJI Innovations
  • Dassault Aviation
  • Elbit Systems Ltd.
  • General Atomics
  • IAI
  • Lockheed Martin Corporation
  • Northrop Grumman
  • Parrot
  • Saab Ab
  • Thales Group
  • The Boeing Company