unmanned-helicopters-market

Unmanned Helicopters Market By Product (Fully Autonomous Helicopters, Semi-autonomous Helicopters), By Service Ceiling (Upto 5,000 Feet, 5,000 to 20,000 Feet, Above 20,000 Feet), By Application (Defense, Civil, Commercial) - Growth, Future Prospects & Competitive Analysis, 2021 – 2029

13 Oct 2020 Format PDF icon PPT icon XLS icon Request Sample

Helicopters have among the highest rates of crashes as compared to other aircrafts including airplanes, balloons and blimps. Although the fatality rate is relatively low, economic loss in helicopter crash is significantly high. Subsequently, unmanned helicopters have been developed in order to operate in critical operations posing danger to human life. Unmanned helicopters are unmanned systems designed to operate without any human operator onboard. These are equipped with artificial intelligence system along with a combination of sensors and autonomous control systems. This helps these helicopters to operate and navigate by themselves safely even in harsh environments having numerous obstacles.

Unmanned Helicopters Market

The overall market is primarily driven by the rising expenditure by the governments over unmanned systems in the defense sector. Unmanned systems offer numerous advantages including reduced personnel loss, more efficient operation in harsh conditions and low overall cost of operation. In addition, unmanned helicopters offer the benefit of operation in critical terrains where unmanned aircraft face limitation in operation. Various national governments are promoting research activities for development of robust autonomous helicopter design. Similarly, aerospace & defense companies such as Lockheed Martin Corporation, Northrop Grumman Corporation, Saab Group and several others are investing heavily on designing more effective autonomous helicopter so as to cater to wide range of applications.

Apart from the defense sector, unmanned helicopters market is also driven by the increasing prospects for these helicopters across commercial applications. Unmanned helicopters are already being used for agriculture surveys and are considered to be viable solution for air cargo. Similarly, unmanned helicopters are believed to be significantly suitable for transporting passengers. Thus, wide range of prospective applications for unmanned helicopters is expected to substantially drive the overall market in the following years. However, challenges such as requirement of skilled personnel and limited radio control in remote areas pose significant challenge for unmanned helicopters. Continual efforts improving autonomous controls and flight time is expected to subside the impact of these challenges in the following years.

Some of the major players profiled in the report are Lockheed Martin Corporation, Northrop Grumman Corporation, Boeing Company, Airbus SE, Leonardo S.p.A., China North Industries Corporation (Norinco), Aviation Industry Corporation of China (AVIC), Israel Aerospace Industries Ltd., Aeroscout GmbH, American Unmanned Systems, LLC, Aurora Flight Sciences (Boeing company), AirStar International, Inc., Yamaha Motor Company, Saab Group, Russian Нelicopters JSC and several others. Majority of the players are focused upon conducting extensive research & development for betterment of unmanned helicopters design. One of the major challenges for unmanned helicopters sector is payload carrying capacity and endurance. Companies operating in the market emphasize on developing designs capable of carrying more payload systems with minimized helicopter weight. In addition, several companies, especially in China, are inclined towards developing unmanned helicopters capable of conducting combat operations.

In 2020, the overall unmanned helicopters market worldwide was dominated by the military & defense segment. In 2020, the military & defense segment accounted for more than 50% of the total revenue generated globally. High revenue share of the segment is attributed to the strong expenditure over unmanned systems across different regions. Majority of unmanned helicopters are primarily designed to serve military applications so as to reduce the personnel loss occurring from manned helicopter casualties. With the growing emphasis towards expanding the unmanned systems fleet, the military & defense segment would continue dominating the market over the forecast period.

The civil & homeland security segment follows the military & defense segment. These unmanned systems are expected to gain popularity for applications such as disaster relief and surveillance among others. The commercial segment is set to register the highest growth in market over the forecast period. Autonomous helicopters are believed to emerge greatly efficient for applications such as cargo, transportation, photography and several others. Since eliminating human operator reduces operational cost significantly, autonomous helicopters may witness substantial demand in the following years.

The overall unmanned helicopters market worldwide is dominated by the North America region. In 2020, North America accounted for more than forty percent of the total unmanned helicopters market revenue generated worldwide. The market here is mainly backed by the U.S. having huge expenditure over unmanned systems for the defense sector. In addition, the country is home to large number of major aerospace & defense companies. These companies focus on extensive research & development for improving helicopter designs with an aim of acquiring contracts from the U.S. Department of Defense (DoD).

With the continually growing expenditure on expanding the unmanned systems fleet, North America is estimated to remain the largest market for unmanned helicopters in the following years. Nevertheless, Asia Pacific is poised to emerge as the most lucrative market for unmanned helicopters during the forecast period. China is projected to emerge as the major driving nation for unmanned helicopters industry in Asia Pacific. Apart from China, countries such as Japan, India and South Korea too represent promising markets. In addition, Russia and Israel too are prominent markets for unmanned helicopters.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Unmanned Helicopters market are as follows:

  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Unmanned Helicopters market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

ATTRIBUTE DETAILS
Research Period  2022-2032
Base Year 2023
Forecast Period  2024-2032
Historical Year  2022
Unit  USD Million
Segmentation
Product
  • Fully Autonomous Helicopters
  • Semi-autonomous Helicopters

Service Ceiling
  • Upto 5,000 Feet
  • 5,000 to 20,000 Feet
  • Above 20,000 Feet

Application
  • Defense
  • Civil
  • Commercial

 Region Segment (2022-2032; US$ Million)

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • UK and European Union
    • UK
    • Germany
    • Spain
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Unmanned Helicopters market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2032.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Unmanned Helicopters market?
  • Which is the largest regional market for Unmanned Helicopters market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Unmanned Helicopters market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Unmanned Helicopters market worldwide?
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