Jan 28, 2020   SOURCE: BusinessWire

Global UAV Propulsion System Market Anticipated to Reach to $4,712.2 Million by 2024 - ResearchAndMarkets.com

The "Global UAV Propulsion System Market: Focus on UAV Type, Engine Type, and Application - Analysis and Forecast, 2019-2024" report has been added to ResearchAndMarkets.com's offering.

The UAV(unmanned aerial vehicle) propulsion industry analysis projects the market to grow at a moderate CAGR of 8.73% on the basis of value during the forecast period from 2019 to 2024.

Key Questions Answered in this Report:

  • What are the key trends in the global UAV propulsion market across different regions?
  • What are the major driving factors in global UAV propulsion system market during the forecast period 2019-2024?
  • What are the major challenges inhibiting the growth of the global UAV propulsion system market?
  • Which engine type of the global UAV propulsion market dominated in 2018, and what would be the expected scenario by 2024?
  • What was the revenue generated by the global UAV propulsion system market by engine type, UAV type, application type, and region in 2018, and what would be the estimates for the same by 2024?
  • What was the aggregate revenue generated by the global UAV propulsion system market segmented by region (North America, Europe, Asia-Pacific, and Rest-of-the-World) in 2018, and what would be the estimates by 2024?
  • Who are the key players in the global UAV (unmanned aerial vehicle) propulsion system and what are the new strategies adopted by the market players to make a mark in the industry?
  • What major opportunities do the UAV propulsion system companies foresee in the next 5 years?
  • What is the competitive strength of the key leading players in the UAV propulsion system market?

Global UAV Propulsion System Market Forecast, 2019-2024

North America dominated the global UAV propulsion system market with a share of 77.37% in 2018. North America, including the major countries such as the U.S., is currently the most prominent region for the UAV propulsion system market. In North America, the U.S. acquired a major market share in 2018 due to the major usage of UAVs in the military, government, and commercial applications.

The global UAV propulsion system market has gained widespread importance owing to the growing need to deploy UAVs in diverse and emerging applications. However, high cost of development and restrictions on UAV propulsion due to certain set standards of emission and noise are some of the chief factors that are restraining the market growth.

Scope of the Global UAV Propulsion System Market

The UAV propulsion system market research provides detailed market information for segmentation such as UAV type, engine type, application type, and region. The purpose of this market analysis is to examine the UAV propulsion system market outlook in terms of factors driving the market, trends, technological developments, and competitive benchmarking, among others.

The report further takes into consideration the market dynamics and the competitive landscape along with the detailed financial and product contribution of the key players operating in the market.

Key Topics Covered:

Executive Summary

1 Market Dynamics

1.1 Market Drivers

1.2 Market Challenges

1.3 Market Opportunities

2 Competitive Landscape

2.1 Overview

2.2 Key Developments and Strategies

2.3 Competitive Benchmarking

3 Industry Analysis

3.1 Future Energy Sources in UAV Propulsion System

3.2 Future Programs and Spending

3.3 Cost Analysis of UAV Propulsion System

3.4 Industry Attractiveness: Porter's Five Forces Model

3.5 Supply Chain Analysis

3.6 Patent Analysis

4 Global UAV Propulsion System Market

4.1 Assumptions and Limitation

4.2 Market Overview

5 Global UAV Propulsion System Market (by Engine Type)

5.1 Market Overview

5.2 Piston Engine

5.3 Wankel Engine

5.4 Turboprop Engine

5.5 Turbofan Engine

5.6 Electrically Powered

5.7 Solar-Powered

6 Global UAV Propulsion System Market (by UAV Type)

6.1 Market Overview

6.2 Small UAVs

6.3 Tactical UAVs

6.4 Medium Altitude Long Endurance (MALE)

6.5 High Altitude Long Endurance (HALE)

6.6 Vertical Takeoff and Landing (VTOL)

7 Global UAV Propulsion System Market (by Application)

7.1 Market Overview

7.2 Military and Government

7.3 Commercial

8 Global UAV Propulsion System Market (by Region)

8.1 Market Overview

8.2 North America

8.3 Europe

8.4 Asia-Pacific

8.5 Rest-of-the-World

9 Company Profiles

9.1 Airbus S.A.S

9.2 Austro Engine GmbH

9.3 BRP-Rotax GmbH & Co KG

9.4 GE Aviation

9.5 Hirth Engines GmbH

9.6 Honeywell International Inc.

9.7 Israel Aerospace Industries Ltd.

9.8 Northrop Grumman Corporation

9.9 Orbital Corporation Limited

9.10 UAV Engines LTD

9.11 United Technologies Corporation - Pratt & Whitney Division

9.12 UAV Factory

9.13 Rolls-Royce plc

9.14 The Boeing Company

9.15 3W International GmbH

For more information about this report visit https://www.researchandmarkets.com/r/iv52n9