North America Small UAV Market Size, Share, Industry [2031]

Segments - North America Small UAV Market by Types (Single-Rotor VTOL Small UAV, Lipoght Fixed–wing Small UAV, Multi-rotor VTOL Small UAV, and Heavy Fixed-wing Small UAV), Propulsion Types (Lithium-ion Battery Propulsion System, Hydrogen Cell Propulsion Systems, Solar Propulsion Systems, Hybrid Propulsion Systems, and Other Systems), Industrial Applications (Media & Entertainment, Mining & Metals, Defense, Energy, Retail, and Others), and Geography (The United States, Canada, Mexico, and Rest of the North America)–Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023–2031

Author : Raksha Sharma

Fact-checked by : Indranil Bose

Editor : Shruti Bhat

Report Description

The North America small UAV market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 7% during 2023–2031. Growth of the market is attributed to rapid urbanization, increasing overall efficiency & productivity for enterprises and increasing demand for advance small UAV.

A UAV is small enough to man portable also known as drones are an unmanned aerial vehicle. By infantryman small air vehicles which can carry a small UAVs range to individual transportable UAVs. The portable air defense system can be also launched by infantry man.

The Covid-19 pandemic affected the demand and supply of North America small UAV market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

North America Small UAV Market Trends, Drivers, Restraints, and Opportunities

Increasing use of small UAV in defense sector is projected to boost the market.
Rapid innovations in small UAV technologies are the major factor fueling the market.
Lack of awareness about the small UAV is projected to restrict the market expansion during the forecast period.
High price of small UAV is anticipated to hamper the market growth in the coming years.
R&D investment and technological advancement in small UAV market is projected to offer lucrative opportunities for the market players.

Scope of North America Small UAV Market Report

The report on the North America small UAV market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	North America Small UAV Market–Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016-2021
Forecast Period	2023-2031
Segmentation	Types (Single-rotor VTOL Small UAV, Light Fixed–wing Small UAV, Multi-rotor VTOL Small UAV, and Heavy Fixed-wing Small UAV), Propulsion Types (Lithium-ion Battery Propulsion System, Hydrogen Cell Propulsion Systems, Solar Propulsion Systems, Hybrid Propulsion Systems, and Other Systems), Industrial Applications (Media & Entertainment, Mining & Metals, Defense, Energy, Retail, and Others)
Geographical Scope	United States, Canada, Mexico, and Rest of the North America
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players covered in the Report	Lockheed Martin Corp.; Airbus SE; BAE Systems PLC; The Boeing Company; Israel Aerospace Industries (IAI); Aerovironment Inc.; Elbit Systems Ltd.; Thales SA; DJI; and Aeronautics Ltd.

North America Small UAV Market Segment Insights

The retail segment accounts for key share of the market

Based on industrial applications, the North America small UAV market is fragmented into media & entertainment, mining & metals, defense, energy, retail, and others. The retail segment accounts for a key share of the market. Growth of the market is attributed to rising industrialization and increasing research & development activities in small UAV sector. However, the defense segment is anticipated to expand at a rapid pace during the forecast period due to rapid expansion in development & research, increasing per capita income, and rising demand for small UAV from mining sector.

The multi-rotor VTOL small UAV segment is anticipated to hold significant market share

On the basis of types, the market is divided into single-rotor VTOL small UAV, light fixed–wing small UAV, multi-rotor VTOL small UAV, and heavy fixed-wing small UAV. The multi-rotor VTOL small UAV segment accounts for a significant share of the market. Growth of the market is attributed to low-cost alternatives to combat aircrafts and rapid technological advancement in industrial development & infrastructure. The heavy fixed-wing small UAV segment is anticipated to expand at a rapid pace during the forecast period due to factors such as rising investment by government & private sectors, rapidly growing population, and increasing spending on military sector.

The hybrid propulsion systems segment accounts for key share of the market

Based on propulsion types, the North America small UAV market is segmented into lithium-ion battery propulsion system, hydrogen cell propulsion systems, solar propulsion systems, hybrid propulsion systems, and other systems. The hybrid propulsion systems segment accounts for a key share of the market. Growth of the market is attributed to rapid economic growth and countries upgrading their inventories of military UAVs. However, the solar propulsion systems segment is anticipated to expand at a rapid pace during the forecast period due to rapid development of small UAVs for commercial sector, presence of major market players, and rapid industrialization.

The United States is estimated to hold major market share

On the basis of region, the North America small UAV market is categorized as the United States, Canada, Mexico, and Rest of the North America. The market of Canada is estimated to expand at a high CAGR during the forecast period due to factors such as rising adoption of advanced technologies through easier access to low-cost UAVs. The market of United States is estimated to hold major market share due to end of ban on commercial drone flights.

Segments

The North America small UAV market has been segmented on the basis of

Types

Single-rotor VTOL Small UAV
Light Fixed–wing Small UAV
Multi-rotor VTOL Small UAV
Heavy Fixed-wing Small UAV

Propulsion Types

Lithium-ion Battery Propulsion System
Hydrogen Cell Propulsion Systems
Solar Propulsion Systems
Hybrid Propulsion Systems
Other Systems

Industrial Applications

Media & Entertainment
Mining & Metals
Defense
Energy
Retail
Others

Geography

The United States
Canada
Mexico
Rest of the North America

Key Players

Lockheed Martin Corp.
Airbus SE
BAE Systems PLC
The Boeing Company
Israel Aerospace Industries (IAI)
Aerovironment Inc.
Elbit Systems Ltd.
Thales SA
DJI
Aeronautics Ltd.

Competitive Landscape

Key players competing in the North America small UAV market include Lockheed Martin Corp.; Airbus SE; BAE Systems PLC; The Boeing Company; Israel Aerospace Industries (IAI); Aerovironment Inc.; Elbit Systems Ltd.; Thales SA; DJI; and Aeronautics Ltd.

Some of these players are using several market strategies such as collaborations, acquisitions, partnerships, merger, product launches, and capacity expansion to enhance their market shares, generate revenue and raise their production line of the business in the coming years.

North America Small UAV Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Small UAV Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Small UAV Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Small UAV Market - Supply Chain
  4.5. Global Small UAV Market Forecast
     4.5.1. Small UAV Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Small UAV Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Small UAV Market Absolute $ Opportunity
5. Global Small UAV Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Small UAV Market Size and Volume Forecast by Types
     5.3.1. Single-rotor VTOL Small UAV
     5.3.2. Light Fixed–wing Small UAV
     5.3.3. Multi-rotor VTOL Small UAV
     5.3.4. Heavy Fixed-wing Small UAV
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Small UAV Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Small UAV Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Small UAV Demand Share Forecast, 2019-2026
7. North America Small UAV Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Small UAV Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Small UAV Market Size and Volume Forecast by Types
     7.4.1. Single-rotor VTOL Small UAV
     7.4.2. Light Fixed–wing Small UAV
     7.4.3. Multi-rotor VTOL Small UAV
     7.4.4. Heavy Fixed-wing Small UAV
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Small UAV Demand Share Forecast, 2019-2026
8. Latin America Small UAV Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Small UAV Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Small UAV Market Size and Volume Forecast by Types
     8.4.1. Single-rotor VTOL Small UAV
     8.4.2. Light Fixed–wing Small UAV
     8.4.3. Multi-rotor VTOL Small UAV
     8.4.4. Heavy Fixed-wing Small UAV
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Small UAV Demand Share Forecast, 2019-2026
9. Europe Small UAV Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Small UAV Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Small UAV Market Size and Volume Forecast by Types
     9.4.1. Single-rotor VTOL Small UAV
     9.4.2. Light Fixed–wing Small UAV
     9.4.3. Multi-rotor VTOL Small UAV
     9.4.4. Heavy Fixed-wing Small UAV
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Small UAV Demand Share Forecast, 2019-2026
10. Asia Pacific Small UAV Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Small UAV Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Small UAV Market Size and Volume Forecast by Types
     10.4.1. Single-rotor VTOL Small UAV
     10.4.2. Light Fixed–wing Small UAV
     10.4.3. Multi-rotor VTOL Small UAV
     10.4.4. Heavy Fixed-wing Small UAV
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Small UAV Demand Share Forecast, 2019-2026
11. Middle East & Africa Small UAV Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Small UAV Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Small UAV Market Size and Volume Forecast by Types
     11.4.1. Single-rotor VTOL Small UAV
     11.4.2. Light Fixed–wing Small UAV
     11.4.3. Multi-rotor VTOL Small UAV
     11.4.4. Heavy Fixed-wing Small UAV
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Small UAV Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Small UAV Market: Market Share Analysis
  12.2. Small UAV Distributors and Customers
  12.3. Small UAV Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Lockheed Martin Corp.
     12.4.2. Airbus SE
     12.4.3. BAE Systems PLC
     12.4.4. The Boeing Company
     12.4.5. Israel Aerospace Industries (IAI)
     12.4.6. Aerovironment Inc.
     12.4.7. Elbit Systems Ltd.