UAV Payload and Subsystems Market Forecasted to Rise by a CAGR of 7.3% during 2019-2024 -

DUBLIN--()--The "UAV Payload and Subsystems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to's offering.

The global UAV payload and subsystems market reached a value of US$ 7.6 Billion in 2018. The market is further expected to reach a value of US$ 11.6 Billion by 2024, exhibiting a CAGR of 7.3% during 2019-2024. An Unmanned Ariel Vehicle, i.e. UAV, or a drone indispensably carries extra weight which is not included in the weight of the drone itself. This weight includes extra cameras, sensors or packages for delivery. Payloads which are required for business drones mainly include GPS, additional data telemetry, LiDAR etc. With the advancement in technology, military sectors as well as commercial users are increasingly utilising drones to enhance their services and outputs. The size and weight of the payloads is decided by the weight of the drone. A heavier drone can carry big payloads. The demand of payload subsystems is increasing in parallel with the increasing popularity of drones.

Drivers of Global UAV Payload and Subsystems Market:
Both developed as well as the developing nations are seeking the utility of drones for various tasks such as to improve the surveillance and communication systems, make rescue operations more efficient, and the collection and management of data. A wide range of payloads including sensors, communication systems and electronics, etc., are required for performing all the aforementioned tasks.

There are numerous improvements made in persistent surveillance systems, electronic counter-measures and communications. Along with this, there has been a rise in the use of UAVs for the purpose of search and rescue operations.

UAVs are being increasingly deployed in military and defence activities. The military industry has increased its spending on the payload subsystems for surveillance, intelligence and imaging, detection of mapping as well as for carrying the weaponries.

The UAV payload subsystems market has seen a noticeable boost accrediting to the frequent utilisations of UAVs in the agriculture, retail, media and entertainment sectors. Commercial users enhance their photography outputs by using the UAVs.

Key Topics Covered:

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.3.1 Primary Sources

2.3.2 Secondary Sources

2.4 Market Estimation

2.4.1 Bottom-Up Approach

2.4.2 Top-Down Approach

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global UAV Payload and Subsystems Market

5.1 Market Overview

5.2 Market Performance

5.3 Market Breakup by Type

5.4 Market Breakup by Subsystems

5.5 Market Breakup by Application

5.6 Market Breakup by Region

5.7 Market Forecast

5.8 SWOT Analysis

5.8.1 Overview

5.8.2 Strengths

5.8.3 Weaknesses

5.8.4 Opportunities

5.8.5 Threats

5.9 Value Chain Analysis

5.9.1 Overview

5.9.2 Research and Development

5.9.3 Raw Material Procurement

5.9.4 Manufacturing

5.9.5 Marketing

5.9.6 Distribution

5.9.7 End-Use

5.10 Porters Five Forces Analysis

5.10.1 Overview

5.10.2 Bargaining Power of Buyers

5.10.3 Bargaining Power of Suppliers

5.10.4 Degree of Competition

5.10.5 Threat of New Entrants

5.10.6 Threat of Substitutes

5.11 Price Analysis

6 Market Breakup by Type

6.1 Camera and Sensors

6.1.1 Market Trends

6.1.2 Market Forecast

6.2 Weaponry

6.3 Radar and Communications

6.4 Others

7 Market Breakup by Subsystems

7.1 GCS System

7.1.1 Market Trends

7.1.2 Market Forecast

7.2 Signal Transmission System

7.3 Propulsion System

8 Market Breakup by Application

8.1 Military

8.1.1 Market Trends

8.1.2 Market Forecast

8.2 Civil

9 Market Breakup by Region

9.1 North America

9.1.1 Market Trends

9.1.2 Market Forecast

9.2 Asia Pacific

9.3 Europe

9.4 Middle East and Africa

9.5 Latin America

10 Competitive Landscape

10.1 Market Structure

10.2 Key Players

10.3 Profiles of Key Players

10.3.1 AeroVironment

10.3.2 Boeing

10.3.3 Elbit Systems

10.3.4 BAE Systems

10.3.5 Northrop Grumman Corporation

10.3.6 Harris Corporation

10.3.7 CACI International

10.3.8 Rheinmetall AG

10.3.9 ThalesRaytheonSystems

10.3.10 Lockheed Martin Corporation

10.3.11 Israel Aerospace Industries

10.3.12 General Dynamics Corporation

10.3.13 GA-ASI

10.3.14 Raytheon

10.3.15 Textron Systems

For more information about this report visit

Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Unmanned Aerial Vehicles (UAVs) - Drones, Military Unmanned Systems

Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Unmanned Aerial Vehicles (UAVs) - Drones, Military Unmanned Systems