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Tactical Unmanned Aerial Vehicle (UAV) Market Share

Report ID: GMI12232
Published Date: Nov 2024
Report Format: PDF

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Tactical UAV Market Share

The Boeing Company is heavily involved in developing advanced UAV platforms for both military and commercial markets, focusing on large-scale, high-end systems for surveillance, reconnaissance, and precision strikes. Lockheed Martin Corporation focuses on innovative UAV solutions with advanced autonomous capabilities, integrating AI and sensor technologies for defense applications like ISR and electronic warfare. Northrop Grumman Corporation is active in creating long-endurance UAVs, often used for intelligence gathering and military operations, while also exploring autonomous systems for both military and civilian sectors, enhancing operational flexibility and reducing costs in various applications.

Tactical Unmanned Aerial Vehicle Market Companies

Major players operating in the tactical UAV industry are:

Aeronautics Ltd
AeroVironment, Inc.
BAYKAR TECH
BlueBird Aero Systems
Elbit Systems Ltd.
General Atomics
Israel Aerospace Industries Ltd.
Leonardo S.p.A.
Lockheed Martin Corporation
Northrop Grumman Corporation
Saab AB
Safran
SZ DJI Technology Co. Ltd.
Textron Inc.
Textron Inc.
The Boeing Company

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The global tactical unmanned aerial vehicle industry was valued at USD 5.7 billion in 2024 and is estimated to grow at a 14.2% CAGR from 2025 to 2034, driven by increasing defense budgets worldwide.

The electric segment accounted for the largest market share with 42.5% in 2024 due to its efficiency, reduced operational costs, and environmental advantages.

North America tactical UAV market held over 35% share in 2024 and is expected to maintain its dominant position throughout the forecast period, supported by substantial defense budgets and ongoing technological advancements.

Major players in the industry include Aeronautics Ltd, AeroVironment, Inc., BAYKAR TECH, BlueBird Aero Systems, Elbit Systems Ltd., General Atomics, Israel Aerospace Industries Ltd., Leonardo S.p.A., Lockheed Martin Corporation, Northrop Grumman Corporation, Saab AB, and Safran.