Global Unmanned Combat Aerial Vehicle (UCAV) Market Size, Share and Trends Analysis Report, by Type (Medium-altitude UCAV, High-Altitude UCAV, and Others), by Components (Cameras, Electro-optic/Infrared sensor, Electronic intelligence, CBRN sensors, Laser sensors, and Communication intelligence), by Source (Hybrid Cell, Hydrogen, Lithium-Ion Battery, And Solar Cell), and by Application (Transportation, Fighting, Rescue, Reconnaissance, and Others), Forecast Period (2022-2028)

The global UCAV market is anticipated to grow at a t CAGR of 14.6% during the forecast period. UCAV is an unmanned aerial vehicle that is used for intelligence, surveillance, target acquisition, and reconnaissance and carries aircraft ordnance such as missiles, ATGMs, and/or bombs in hard points for drone attacks. These drones are normally controlled by humans in real time, with variable degrees of autonomy. Increased adoption of UCAV in applications such as civil and military has up surged use of UAV in disaster relief operations, and improvements in regulatory frameworks related to aerial operations. Moreover, utilization of this UCAV are also capable of reducing the requirement of additional equipment for the human pilots that includes the cockpit space, ejection seat, flight controls, armor, and environmental controls for oxygen and pressure among others, this such are factors that contribute in the market growth further.

However, lack of proper air traffic management, as well as a scarcity of skilled and trained professionals, is restraining the growth market. Wherever, integration of machine learning & artificial intelligence technology in UCAV, and ongoing technological advancements in UCAV offers the opportunities for the market growth. For instance, in March 2021, Kelley Aerospace has launched Arrow, a supersonic unmanned combat aerial vehicle that pushes the boundary with the state-of-the-art swarm and autonomous aerial flight logic. It can control multiple Arrow UCAVs, each with a different mission, equipment, and weapons set. It can be launched autonomously or controlled remotely by two ground station controllers. The biggest and most pressing challenge for the market’s growth will be safety and security concerns, as well as the imposition of commercial usage restrictions.

Additionally, key market companies operating in the industry are continuously heavily investing in several R&D activities and creating new technology based UCAV for the better support to military and defence. For instance,

• In May 2022, Russia’s Sukhoi S-70B Okhotnik (Hunter), UCAVhas conducted its first test launch of precision-guided munitions (PGMs) against ground targets. During the trial fifth-generation combat aircraft were fired by the S-70B.
• InApril 2022, Turkey’s newest UCAV, the AKINCI, conducted its first live firing at a sea target. It is equipped with dual artificial intelligence avionics that supports real-time signal processing, sensor fusion, and situational awareness. The UCAV is capable of performing operations carried out by fighter jets. It has electronic support systems, dual satellite communications systems, air-to-air radar, collision avoidance radar and synthetic aperture radar.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Components
  • By Source
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- BAE Systems, Boeing, Denel Dynamics, Lockheed Martin, and General Atomics Aeronautical Systems, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Unmanned Combat Aerial Vehicle (UCAV) Market Report by Segment

By Type

• Medium-Altitude UCAV
• High-Altitude UCAV
• Others

By Components

• Cameras
• Electro-optic/Infrared sensor
• Electronic intelligence
• CBRN sensors
• Laser sensors
• Communication intelligence

By Source

• Hybrid cell
• Hydrogen
• Lithium-ion battery
• Solar cell

By Application

• Transportation
• Fighting
• Rescue
• Reconnaissance
• Others

Global Unmanned Combat Aerial Vehicle (UCAV) Market Report by Region

North America

• US
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa