Dec 28, 2022   SOURCE: BusinessWire

Global World Military Unmanned Aerial Systems Market Profile & Forecast 2022: Continued Adoption of Unmanned Aerial Vehicles Worldwide Drives Growth - ResearchAndMarkets.com

The "2022/2023 World Military Unmanned Aerial Systems Market Profile & Forecast" report has been added to ResearchAndMarkets.com's offering.

In terms of worldwide military budgets, the unmanned aircraft systems (UAS) segment continues to see growth, although annual growth has moderated when compared to a decade ago.

The unclassified sector will continue to increase over the next decade, by about 41%, from current annual spending on RDT&E and procurement of about $13.2 billion in FY23 to about $18.7 billion in FY32 (a CAGR of 3.9%). If operations and maintenance expenditures were to be added, these totals would be greater.

This growth is being driven by the continued adoption of unmanned aerial vehicles (UAVs) worldwide. Over the next decade, unclassified US procurement will grow modestly. The big issue for the US drone sector is the extent of secret "black" drone programs.

Growth will increasingly shift towards international markets as more militaries adopt the lessons of Iraq, Afghanistan, Syria, Libya, Nagorno-Karabakh, and Ukraine and incorporate UAVs into their forces. The introduction of specially built unmanned combat air vehicles (UCAVs) also promises to drive growth over the next decade.

Now, for the seventh year, the analyst has separated all civil government and commercial UAVs into a separate study in recognition of the strong potential for the future as airspace begins to open worldwide.

The most significant catalyst to this market has been the enormous growth of interest in UAVs by the US military, tied to operations in Iraq and Afghanistan, as well as the general trend towards information warfare and netcentric systems. UAVs are a key element in the intelligence, surveillance, and reconnaissance (ISR) portion of this revolution, and they are expanding into other missions as well with the advent of hunter-killer UAVs.

The reason for the slow-down in US growth has been the decline of US unclassified procurement over the past decade with the end of the wars in Iraq and Afghanistan. The US military currently has the world's largest and most sophisticated drone fleet, with the rest of the world only beginning to catch up.

This research finds that the US will account for 71.9% of the unclassified R&D spending on UAV technology over the next decade, and about 34% of the unclassified procurement through the forecast decade. These US UAV funding shares for R&D and procurement represent slightly smaller shares of the market compared to defense spending in general. The US accounts for about 75% of total worldwide R&D spending and 35% of procurement spending, according to the analyst's International Defense Briefing forecasts.

These percentages change significantly when adjustments are made for US classified UAV development and procurement funding. The value of these "black" programs can only be surmised. With these assumptions, the US accounts for 81.3% of the world R&D on UAVs and 47.8% of the procurement.

This difference is due to the heavier US investment in cutting-edge technologies and the marked lag-time in such research and procurement elsewhere, especially major aerospace centers such as Europe. This follows trends in other cutting-edge technologies observed over the past decade by analysts in such areas as precision-guided weapons, information and sensor technology, and military application of space systems.

A tangible example of the "black" UAV budget in the US is the RQ-170 Sentinel program which only came to light when one of the stealth drones came down in Iranian territory. Recent revelations about the RQ-180 provide another example.

Key Topics Covered:

1. Executive Overview

2. The US UAS Market

3. European UAV Production Forecast by Type

4. Rest of the World UAS Market

5. Electro-Optical/Infrared Sensors

6. Synthetic Aperture Radars

7. SIGINT & Electronic Attack (EA) Systems

8. C4I Systems

9. Military UAS Company Profiles

  • Aeronautics Ltd.
  • AeroVironment Inc.
  • Airbus Defence & Space (formerly European Defence and Space Co.)
  • Aurora Flight Sciences
  • Aviation Industry Corp of China (AVIC)
  • BAE Systems
  • Baykar Makina
  • Bell Textron
  • The Boeing Co.
  • CAE Inc.
  • China Aerospace Science and Technology Corp.
  • Dassault Aviation
  • Denel Pty. Ltd.
  • Diehl Defence GmbH & Co. KG
  • DJI Innovations
  • Elbit Systems Ltd.
  • EMT Ingenieurgesellschaft
  • General Atomics Aeronautical Systems, Inc.
  • Griffon Aerospace
  • Honeywell International Inc.
  • Insitu Inc.
  • Intra Defense Technologies
  • Israel Aerospace Industries Ltd.
  • Kaman Aerospace Corp.
  • Korea Aerospace Industries Ltd
  • Korean Air Aerospace Business Division
  • Korea Aviation Technologies
  • Kratos Defense and Security Solutions Inc.
  • L3Harris Technologies
  • Leidos Holdings Inc.
  • Leonardo (formerly Finmeccanica)
  • Lockheed Martin Corp.
  • MacDonald, Dettwiler, and Associates (MDA) Ltd.
  • Northrop Grumman Corp.
  • Parrot SA
  • Piaggio Aerospace
  • Raytheon Technologies Corp
  • Rolls-Royce
  • Safran
  • Saudi Arabian Military Industries
  • Schiebel Elektronische Geraete GmbH
  • Sikorsky Aircraft Corporation
  • Skydio
  • Stark Aerospace, Inc.
  • Swift Engineering, Inc.
  • Teledyne FLIR (formerly FLIR Systems, Inc.)
  • Teledyne Technologies Inc.
  • Textron Systems Unmanned Systems
  • Thales
  • Turkish Aerospace Industries
  • Uconsystem Co. Ltd.
  • UMS Skeldar
  • VTG

For more information about this report visit https://www.researchandmarkets.com/r/nlr3an