"We Envision Growth Strategies Most Suited
to Your Business"
The global unmanned helicopter market size stood at USD 850.3 million in 2023. The market value is slated to rise from USD 950.9 million in 2024 to USD 2,446.9 million by 2032 at a CAGR of 12.5% during 2024-2032. Fortune Business Insights™ presents this information in its report titled “Unmanned Helicopter Market Size, Share & Industry Analysis, By Type (Small (Below 10Kg), Medium (10-25Kg), and Heavy (Above 25Kg)), By Application (Military [ISR, Combat, Search & Rescue, Transportation, Naval Support, and Border Support], Government Agency [Planning, Inspection, Surveying, Public Safety, and Search & Rescue], and Industrial [Planning, Inspection, Surveying]), and Regional Forecast, 2024-2032”.
Unmanned helicopters are being developed by various institutes for specific applications associated with scientific research, including environmental monitoring and the development of modern technology. The soaring defense expenditure by numerous governments and escalating geopolitical tensions are anticipated to propel product demand, fostering industry expansion.
The COVID-19 pandemic witnessed a rise in government contracts focused on product development for helping in public health efforts. The period also recorded increased product deployment for surveillance purposes and the delivery of medical supplies.
EDGE Acquired a 52% Stake in ANAVIA to Strengthen Industry Position
In November 2023, EDGE secured a majority stake of 52% in ANAVIA. The latter is centered on the development and production of unmanned helicopters. The move would help strengthen EDGE’s position in the autonomous systems sector.
Development of Advanced Pocket Size Helicopters to Boost Industry Expansion
The development of advanced Unmanned Aerial Vehicles (UAVs) that offer access to remote locations fosters unmanned helicopter market growth. Such unmanned vehicles are being developed for offering reconnaissance, intelligence, and surveillance support. These vehicles play a vital role in military operations.
However, the requirement of high efficiency and compatibility of operation under severe conditions may create challenges for industry progress.
Prominent Players Expand their Distribution Networks to Consolidate their Market Footing
Leading market players are centered on the expansion of their distribution networks. Several unmanned helicopter companies are also keen to develop and bring modern unmanned rotorcraft products to the market. FLIR Systems is one of the major players in the global market.
Key Players Profiled in the Report
To get a detailed report summary and research scope of this market, click here:
https://www.fortunebusinessinsights.com/unmanned-helicopter-market-103990
Key Industry Development
Further Report Findings:
Table of Segmentation
ATTRIBUTE | DETAILS |
Study Period | 2019-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2019-2022 |
Growth Rate | CAGR of 12.5% over 2024 to 2032 |
Unit | Value (USD Million) |
Segmentation | By Type
|
By Application
| |
By Region
|