Unmanned Helicopter Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Unmanned Helicopter Market covers analysis , By Payload (Below 10 Kg, 10-25 Kg, 25-50 Kg, and Above 50 Kg), Application (ISR & Combat, Search & Rescue, Mapping Transport & Logistics, and Others), End Use (Defense and Commercial), and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00029732
  • Category : Aerospace and Defense
  • Status : Upcoming
  • No. of Pages : 150
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The unmanned helicopter market is expected to grow from US$ 3,095.76 Mn in 2021 to US$ 13,958.28 Mn by 2028 at a CAGR of 24.7% between 2022 to 2031.

Unmanned helicopters are that type of UAVs that use rotors as propulsion for their operation. It is also referred to as unmanned rotorcraft. Unmanned helicopters are cheaper than manned helicopters as the manned helicopters have a greater number of components that are designed with the safety perspective of the trained pilots. Hence, as all these components are not required in unmanned helicopters, this helps manufacturers to reduce the overall production cost of an unmanned helicopter as they do not require any highly trained or highly paid pilots for their operation.

Many commercial operators, such as Russian Post, Uber, and Zomato, are interested in procuring unmanned helicopters to deliver different parcels or mails. For instance, in July 2021, Rostec State Corporation partnered with Russia Post and tested an unmanned helicopter operation for its cargo delivery operations.

MARKET DYNAMICS

The higher deployment of UAVs across the military sector is one of the prime factors behind the adoption of unmanned helicopters in the military sector. The rising military expenditure across different countries for developing and procuring UAVs is another factor supporting the growth and development of unmanned helicopter systems worldwide. The demand for unmanned warfare and ISR operations are some of the major applications for which unmanned systems are being deployed across different armed forces. For instance, in September 2020, AVIC developed an unmanned helicopter system, AR500C, that can carry out fire strikes and will be deployed into Chinese armed forces in the near future. Similarly, in March 2022, an Israeli firm, Steadicopter, introduced its new unmanned helicopter (Golden Eagle) with precision strike capabilities.

Further, the growing demand for unmanned helicopter systems with medium or higher payload capacities for different commercial operations is one of the major factors propelling the development and adoption of unmanned helicopters worldwide. Many companies are investing heavily in the development of these systems, whereas some of the companies are also collaborating with different unmanned helicopter manufacturers to develop the systems based on specific requirements of different commercial and industrial sectors.

MARKET SCOPE

The "Global Unmanned Helicopter Market Analysis to 2028" is a specialized and in-depth study of the unmanned helicopter market with a special focus on global market trend analysis. The report aims to provide an overview of the unmanned helicopter market with detailed segmentation by payload, application, and end-use. The market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market player and offers key trends and opportunities in the market.

Strategic Insights

MARKET SEGMENTATION

The global unmanned helicopter market is segmented on the basis of payload, application, and end-use. Based on payload, the market is segmented into below 10 Kg, 10-25 Kg, 25-50 Kg, and above 50 Kg. Based on application, the market is segmented into ISR & combat, search & rescue, mapping, transport & logistics, and others. Based on end-use, the market is segmented into defense and commercial.


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REGIONAL FRAMEWORK

The report provides a detailed overview of the unmanned helicopter market, including qualitative and quantitative information. It provides an overview and forecast of the market based on various segments. It also provides market size and forecast estimates from 2019 to 2028 with respect to 5 major regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America. Each region is then sub-segmented into respective countries. The report covers the analysis and forecast of 18 countries globally, along with current trends and opportunities prevailing in the region.

From the regional perspective, the North American region dominates the unmanned helicopter market with ~42% market share in 2021, followed by Europe. The dominance of North America in the unmanned helicopter market is majorly due to the presence of a large number of unmanned helicopter manufacturers in the region. In addition, the highest military and commercial sector spending across the region on the development of unmanned helicopters is one of the major factors that is driving the demand in the region. Further, supportive government policies for developing such systems across the region are another major factor catalyzing the unmanned helicopter market in North America.

Furthermore, some major defense fixed-wing UAV manufacturers, such as Northrop Grumman, UAVOS Inc., and AeroVironment Inc., are interested in developing unmanned helicopter systems for the US armed forces in the region, which is another major factor aiding the regional market.

Unmanned Helicopter Market

Source: The Insight Partners Analysis

The report analyses factors influencing the unmanned helicopter market from both the demand and supply side and further evaluates market dynamics during the forecast period. The report also provides an exhaustive Porter's five forces analysis highlighting the factors affecting the market in various regions.

IMPACT OF COVID-19 PANDEMIC

The impact of the COVID-19 pandemic on various industries, such as military, aerospace, and manufacturing, has been severe. All these industries are still recovering from the losses the pandemic has caused. The pandemic had caused a temporary halt across various production facilities, and the procurement of unmanned helicopters had been impacted. The lockdown impacted the global manufacturing sectors. The lockdown has also influenced supply chains and logistics, owing to complete or partial halting operations across various countries.

The pandemic was the key reason for supply chain disruptions, loss of production, and declined revenue for several enterprises globally. Since the beginning of the outbreak, the unmanned helicopter market has been among the most severely hit sectors globally.

Moreover, this outbreak put the shipping and marine industries in the worst possible position since their workforces were shut down for safety and to prevent the spread of COVID-19, which directly impacted the import and export of unmanned helicopters across the global market. Companies operating in this market had to make tough choices to sustain during the pandemic and the post-pandemic recovery period. Since these companies were severely impacted, the unmanned helicopter market was negatively impacted.

World Geography
Strategic Insights

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MARKET PLAYERS

The reports cover key developments in the unmanned helicopter market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and patents and events. Inorganic growth strategy activities witnessed in the market were acquisitions, partnerships, and collaborations. These activities have paved the way for business expansion and market players' customer base. Market players are anticipated to witness lucrative growth opportunities in the near future with the rising demand for unmanned helicopters.

Below is a list of a few companies engaged in the unmanned helicopter market:

  • Israel Aerospace Industries (IAI)
  • Northrop Grumman Corporation
  • Yamaha Motorsports
  • Aviation Industry Corporation of China (AVIC)
  • UMS Skeldar
  • UAVOS Inc.
  • Delft Dynamics
  • Schiebel Group
  • AeroVironment Inc.
  • Kaman Aerospace

The report also includes the profiles of key unmanned helicopter market companies, their SWOT analysis, and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, and key developments in the previous 5 years.

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.

Market Research

aerospace-and-defense
Research Criteria
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Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Payload, Application, End Use, and Geography

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina

  • Israel Aerospace Industries (IAI)
  • Northrop Grumman Corporation
  • Yamaha Motorsports
  • Aviation Industry Corporation of China (AVIC)
  • UMS Skeldar
  • UAVOS Inc.
  • Delft Dynamics
  • Schiebel Group
  • AeroVironment Inc.
  • Kaman Aerospace

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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