Market Overview:
The global UAV payloads market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for UAV payloads for civilian and military applications. Civilian applications include aerial photography, surveying, mapping, and inspection of critical infrastructure such as power lines and pipelines. Military applications include intelligence, surveillance, and reconnaissance (ISR), target acquisition, battle damage assessment (BDA), convoy protection, etc. Based on type of payloads, the global UAV payloads market is segmented into mail parcels/packages; medicines; fire extinguishing material; others (including sensors/transmitters). The mail parcels/packages segment is expected to account for the largest share in terms of revenue in 2018 owing to rising e-commerce activities across the globe. Based on application area, the global UAV payloads market is divided into civilian and military segments. The civilain segment accounted for a larger share in terms of revenue in 2017 due to increased adoption of drones for commercial purposes such as aerial photography & videography , delivery services , etc .
Product Definition:
A payload is the term for the equipment and devices that are carried by a UAV. The payloads can include sensors, cameras, communication devices, or other types of equipment. The purpose of a UAV payload is to extend the capabilities of the aircraft beyond what would be possible with just the airframe alone. For example, a UAV equipped with an infrared camera can be used to conduct surveillance operations at night or in difficult-to-reach locations. Similarly, a UAV outfitted with a communication relay system can provide wireless connectivity in remote areas where cell phone service is not available.
Mail Parcels:
U.S. mail parcel is a delivery system that delivers individual packages by postman in the United States and Canada. It is also known as parcel post or domestic mail service and can be used for both non-profit and for-profit organizations, companies, clubs, etc., to send promotional materials to their members or customers using specific guidelines provided by the U.S government's Post Office Department (POD).
Medicines:
The global market for Medicines and its usage in UAV Payloads is expected to witness significant growth over the forecast period. The major factor that propels the growth of this market includes increasing adoption of drones in medical operations. Drones have a wide range of applications, but they are most commonly used for mapping out disaster areas, delivering medicines to remote areas and conducting surveys.
Application Insights:
The military segment dominated the global UAV payload market in 2017, accounting for more than 60.0% share of the overall revenue. The increasing use of drones for surveillance and attack operations has led to an increased demand for advanced weapons systems on board these aircrafts. Moreover, countries such as China and India are investing heavily in developing their military capabilities which is expected to boost the demand further over the forecast period.
Civilian applications accounted for a significant share of 34.1% in 2017 owing to rising adoption by commercial organizations such as media companies, film production companies and sports associations that use drones equipped with cameras for news reporting, aerial filming or photography activities respectively.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing drone-related accidents and incidents, growing awareness about drones, and government regulations regarding commercial use of drones. As a result of increased spending on military operations by countries such as Afghanistan & Pakistan, Africa has also been witnessing an increase in UAV payloads demand over the past few years.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing investments by governments for improving infrastructure and development projects at lower costs along with rising demand for fire extinguishing materials used in large construction sites/infrastructures such as stadiums etc., which require immediate attention during emergencies.
Growth Factors:
- Increasing demand for UAV payloads from the military and commercial sectors
- Rising R&D expenditure by leading players to develop new and innovative products
- Growing number of aerial photography and surveying applications
- Proliferation of small Unmanned Aerial Vehicles (SUAVs) that can carry payloads up to 10 kg
- Emergence of autonomous drones that can be used for tasks such as package delivery
Scope Of The Report
Report Attributes
Report Details
Report Title
UAV Payloads Market Research Report
By Type
Mail Parcels, Medicines, Fire Extinguishing Material, Others
By Application
Civilian, Military
By Companies
Aerovironment, Boeing, Elbit Systems, Lockheed Martin, Northrop grumman, Alpha Unmanned Systems, BAE Systems, IAI, Insitu Pacific, UAV Vision, Shenzhen JTT Technology, SentientVision, Merio
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global UAV Payloads Market Report Segments:
The global UAV Payloads market is segmented on the basis of:
Types
Mail Parcels, Medicines, Fire Extinguishing Material, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Civilian, Military
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Aerovironment
- Boeing
- Elbit Systems
- Lockheed Martin
- Northrop grumman
- Alpha Unmanned Systems
- BAE Systems
- IAI
- Insitu Pacific
- UAV Vision
- Shenzhen JTT Technology
- SentientVision
- Merio
Highlights of The UAV Payloads Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mail Parcels
- Medicines
- Fire Extinguishing Material
- Others
- By Application:
- Civilian
- Military
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the UAV Payloads Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A payload is the component of an unmanned aerial vehicle (UAV) that carries the sensors, cameras, and other equipment necessary to carry out a specific mission.
Some of the key players operating in the uav payloads market are Aerovironment, Boeing, Elbit Systems, Lockheed Martin, Northrop grumman, Alpha Unmanned Systems, BAE Systems, IAI, Insitu Pacific, UAV Vision, Shenzhen JTT Technology, SentientVision, Merio.
The uav payloads market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 UAV Payloads Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 UAV Payloads Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 UAV Payloads Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the UAV Payloads Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global UAV Payloads Market Size & Forecast, 2018-2028
4.5.1 UAV Payloads Market Size and Y-o-Y Growth
4.5.2 UAV Payloads Market Absolute $ Opportunity
Chapter 5 Global UAV Payloads Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 UAV Payloads Market Size Forecast by Type
5.2.1 Mail Parcels
5.2.2 Medicines
5.2.3 Fire Extinguishing Material
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global UAV Payloads Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 UAV Payloads Market Size Forecast by Applications
6.2.1 Civilian
6.2.2 Military
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global UAV Payloads Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 UAV Payloads Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America UAV Payloads Analysis and Forecast
9.1 Introduction
9.2 North America UAV Payloads Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America UAV Payloads Market Size Forecast by Type
9.6.1 Mail Parcels
9.6.2 Medicines
9.6.3 Fire Extinguishing Material
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America UAV Payloads Market Size Forecast by Applications
9.10.1 Civilian
9.10.2 Military
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe UAV Payloads Analysis and Forecast
10.1 Introduction
10.2 Europe UAV Payloads Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe UAV Payloads Market Size Forecast by Type
10.6.1 Mail Parcels
10.6.2 Medicines
10.6.3 Fire Extinguishing Material
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe UAV Payloads Market Size Forecast by Applications
10.10.1 Civilian
10.10.2 Military
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific UAV Payloads Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific UAV Payloads Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific UAV Payloads Market Size Forecast by Type
11.6.1 Mail Parcels
11.6.2 Medicines
11.6.3 Fire Extinguishing Material
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific UAV Payloads Market Size Forecast by Applications
11.10.1 Civilian
11.10.2 Military
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America UAV Payloads Analysis and Forecast
12.1 Introduction
12.2 Latin America UAV Payloads Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America UAV Payloads Market Size Forecast by Type
12.6.1 Mail Parcels
12.6.2 Medicines
12.6.3 Fire Extinguishing Material
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America UAV Payloads Market Size Forecast by Applications
12.10.1 Civilian
12.10.2 Military
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) UAV Payloads Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) UAV Payloads Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) UAV Payloads Market Size Forecast by Type
13.6.1 Mail Parcels
13.6.2 Medicines
13.6.3 Fire Extinguishing Material
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) UAV Payloads Market Size Forecast by Applications
13.10.1 Civilian
13.10.2 Military
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 UAV Payloads Market: Competitive Dashboard
14.2 Global UAV Payloads Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aerovironment
14.3.2 Boeing
14.3.3 Elbit Systems
14.3.4 Lockheed Martin
14.3.5 Northrop grumman
14.3.6 Alpha Unmanned Systems
14.3.7 BAE Systems
14.3.8 IAI
14.3.9 Insitu Pacific
14.3.10 UAV Vision
14.3.11 Shenzhen JTT Technology
14.3.12 SentientVision
14.3.13 Merio
