Global UAV Propulsion System Market by Engine Type (Electric Propulsion Systems, Thermal Propulsion Systems, and Hybrid Propulsion Systems), by UAV Type (Micro UAV, Mini UAV, Tactical UAV, MALE UAV and HALE UAV), by Range (Long Range, Mid-Range, and Short Range) and End User (Military & Civil, Commercial, and Consumers) and By Region (North America, Europe, Asia Pacific, South America, and Middle East & Africa)
Global UAV propulsion system market anticipated fuelling due to the surge in demand for UAV in high-tech regional wars, and the complex counterinsurgency, intelligence, surveillance, and counter-terrorism operations
Global UAV propulsion system market anticipated growing with a CAGR of over 13.7% during 2020–2027. The primary factors are the rise in demand for lightweight; more fuel-efficient engines permit usage of expensive payload for a given mission without significantly affecting the size and cost of the UAV. Additionally, the shift towards the development of fuel cell and solar power, which are a viable alternative to small internal combustion engines, given their low heat and noise profile will propel the growth of the UAV propulsion system market in the future periods. Further, the growing usage of fuel-cell based for its improved reliability over small internal combustion engines and enhancing safe and low maintenance operation is strengthening the market growth. The rising application of UAVs for surveillance and attack purposes, along with the increasing demand for spare parts of the propulsion system is anticipated to boost the growth of the market.
Moreover, the upsurge in the popularity of UAVs across the globe for industry verticals, such as aerial photography, express shipping, and delivery, gathering information or supplying essentials for disaster management, geographical mapping of inaccessible terrain and locations, building safety inspections, precision crop monitoring, unmanned cargo transport, etc., expected to drive the market growth. The growing demand for UAV propulsion for reducing cost with superior performance, including improving aircraft range, reliability, and durability of the propulsion system, will trigger the global UAV propulsion system market size. Also, the increasing demand for hydrogen fuel cells in smaller drones to improve their efficiency in terms of weight/power ratios is increasing, which is estimated to boom the growth of the UAV propulsion system industry.
Engine Type Overview in the Global UAV Propulsion System Market
Based on engine type, the global UAV propulsion system market classified into electric propulsion systems, thermal propulsion systems, and hybrid propulsion systems. The electric propulsion systems segment is likely to lead the market by 2027. It is owing to the electric propulsion provides more flexibility in the installation of machinery as they are compact, and the absence of several moving components of the drivetrain, they weigh less and hence contribute toward weight savings and endurance enhancement of a particular UAV model.
UAV type Overview in the Global UAV Propulsion System market
Based on UAV type, the global UAV Propulsion System market segregated into Micro UAV, Mini UAV, Tactical UAV, MALE UAV, and HALE UAV. The tactical UAV segment witnessed the largest market share in 2019 and will dominate by 2027. It is owing to the growing demand for tactical UAV by armies for competitive advantage for them in the battlefield such as target designation, strike, chemical-bio detection, mine countermeasures, theater air missile defense, electronic warfare, and information warfare.
Range Overview in the Global UAV Propulsion System Market
Based on range, the global UAV propulsion system market classified into a long-range, mid-range, and short-range. The long-range segment projected to lead the market by 2027. It is due to the long-range UAV useful in precision agriculture, aerial mapping, security surveillance, disaster relief humanitarian aid, etc.
End-User Overview in the Global UAV Propulsion System Market
By the end-user, the global UAV propulsion system market categorized into Military & Civil, Commercial, and Consumers. The Commercial segment will be the fastest-growing segment owing to the growing application across the entertainment, agriculture, and energy sector and ability to perform hazardous tasks, such as inspecting utility pipelines, with higher precision and cost-effectiveness.
Regional Overview in the Global UAV Propulsion System Market
By geography, the global UAV propulsion system market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America held a higher market share in 2019 and will continue its dominance by 2027. It is attributable to the presence of prominent players and the surge in the adoption of UAVs in the military for performing intelligence, surveillance, and reconnaissance missions.
Global UAV Propulsion System Market: Competitive Landscape
Companies such as Ballard Power Systems Inc., LaunchPoint Technologies Inc., Northwest UAV, ORBITAL CORPORATION, Rotron Power Ltd., Safran SA, Hirth Engines GmbH (UMS SKELDAR AG), Honeywell International Inc., Rolls-Royce plc, BRP-Rotax GmbH & Co KG, MicroMultiCopter Aero Technology Co., Ltd., Sky Power GmbH, UAV Propulsion Tech, and UAV Turbines, Inc., are the key players in the global UAV propulsion system market.
Global UAV Propulsion System Market
Report Content
1. Research Strategic Development
1.1. Market Modelling
1.2. Product Analysis
1.3. Market Trend and Economic Factors Analysis
1.4. Market Segmental Analysis
1.5. Geographical Mapping
1.6. Country Wise Segregation
2. Research Methodology
2.1. Identification of Target Market
2.2. Data Acquisition
2.3. Refining of Data/ Data Transformations
2.4. Data Validation through Primary Techniques
2.5. Exploratory Data Analysis
2.6. Graphical Techniques/Analysis
2.7. Quantitative Techniques/Analysis
2.8. Visual Result/Presentation
3. Executive Summary
4. Market Insights
4.1. Supply Chain Analysis
4.2. Economic Factor Analysis
4.2.1. Drivers
4.2.2. Trends
4.2.3. Opportunities
4.2.4. Challenges
4.3. Technological Landscape
4.4. Competitors & Product Analysis
4.5. Regulatory Framework
4.6. Company market share analysis, 2019
4.7. Porter’s Five forces analysis
4.8. New Investment Analysis
4.9. PESTEL Analysis
5. Global UAV Propulsion System Market Overview
5.1. Market Size & Forecast, 2016-2027
5.1.1. Demand
5.1.1.1. By Value (USD Million)
5.1.2. Consumption
5.1.2.1. By Volume (Thousands Unit)
5.2. Market Share & Forecast, 2016-2027
5.2.1. By Engine Type
5.2.1.1. Electric Propulsion Systems
5.2.1.2. Thermal Propulsion Systems
5.2.1.3. Hybrid Propulsion Systems
5.2.2. By UAV Type
5.2.2.1. Micro UAV
5.2.2.2. Mini UAV
5.2.2.3. Tactical UAV
5.2.2.4. MALE UAV
5.2.2.5. HALE UAV
5.2.3. By Range
5.2.3.1. Long Range
5.2.3.2. Mid-Range
5.2.3.3. Short Range
5.2.4. By End-User
5.2.4.1. Military & Civil
5.2.4.2. Commercial
5.2.4.3. Consumers
5.2.5. By Region
5.2.5.1. North America
5.2.5.2. Europe
5.2.5.3. Asia Pacific
5.2.5.4. South America
5.2.5.5. Middle East & Africa
6. North America UAV Propulsion System Market Overview
6.1. North America UAV Propulsion System Market Size & Forecast, 2016-2027
6.1.1. Demand
6.1.1.1. By Value (USD Million)
6.1.2. Consumption
6.1.2.1. By Volume (Thousands Unit)
6.2. North America UAV Propulsion System Market Share & Forecast, 2016-2027
6.2.1. By Engine Type
6.2.1.1. Electric Propulsion Systems
6.2.1.2. Thermal Propulsion Systems
6.2.1.3. Hybrid Propulsion Systems
6.2.2. By UAV Type
6.2.2.1. Micro UAV
6.2.2.2. Mini UAV
6.2.2.3. Tactical UAV
6.2.2.4. MALE UAV
6.2.2.5. HALE UAV
6.2.3. By Range
6.2.3.1. Long Range
6.2.3.2. Mid-Range
6.2.3.3. Short Range
6.2.4. By End-User
6.2.4.1. Military & Civil
6.2.4.2. Commercial
6.2.4.3. Consumers
6.2.5. By Country
6.2.5.1. US
6.2.5.2. Canada
6.2.5.3. Mexico
6.2.6. Price-Point Analysis
6.2.7. Manufacturer & Distributor List (Top 5)
6.2.8. Company Market Share (Top 3-5)
6.2.9. Economic Impact Study on North America UAV Propulsion System Market
7. Europe UAV Propulsion System Market Overview
7.1. Europe UAV Propulsion System Market Size & Forecast, 2016-2027
7.1.1. Demand
7.1.1.1. By Value (USD Million)
7.1.2. Consumption
7.1.2.1. By Volume (Thousands Unit)
7.2. Europe UAV Propulsion System Market Share & Forecast, 2016-2027
7.2.1. By Engine Type
7.2.1.1. Electric Propulsion Systems
7.2.1.2. Thermal Propulsion Systems
7.2.1.3. Hybrid Propulsion Systems
7.2.2. By UAV Type
7.2.2.1. Micro UAV
7.2.2.2. Mini UAV
7.2.2.3. Tactical UAV
7.2.2.4. MALE UAV
7.2.2.5. HALE UAV
7.2.3. By Range
7.2.3.1. Long Range
7.2.3.2. Mid-Range
7.2.3.3. Short Range
7.2.4. By End-User
7.2.4.1. Military & Civil
7.2.4.2. Commercial
7.2.4.3. Consumers
7.2.5. By Country
7.2.5.1. Germany
7.2.5.2. UK
7.2.5.3. France
7.2.5.4. Italy
7.2.5.5. Rest of Europe
7.2.6. Price-Point Analysis
7.2.7. Manufacturer & Distributor List (Top 5)
7.2.8. Company Market Share (Top 3-5)
7.2.9. Economic Impact Study on Europe UAV Propulsion System Market
8. Asia Pacific UAV Propulsion System Market Overview
8.1. Asia Pacific UAV Propulsion System Market Size & Forecast, 2016-2027
8.1.1. Demand
8.1.1.1. By Value (USD Million)
8.1.2. Consumption
8.1.2.1. By Volume (Thousands Unit)
8.2. Asia Pacific UAV Propulsion System Market Share & Forecast, 2016-2027
8.2.1. By Engine Type
8.2.1.1. Electric Propulsion Systems
8.2.1.2. Thermal Propulsion Systems
8.2.1.3. Hybrid Propulsion Systems
8.2.2. By UAV Type
8.2.2.1. Micro UAV
8.2.2.2. Mini UAV
8.2.2.3. Tactical UAV
8.2.2.4. MALE UAV
8.2.2.5. HALE UAV
8.2.3. By Range
8.2.3.1. Long Range
8.2.3.2. Mid-Range
8.2.3.3. Short Range
8.2.4. By End-User
8.2.4.1. Military & Civil
8.2.4.2. Commercial
8.2.4.3. Consumers
8.2.5. By Country
8.2.5.1. China
8.2.5.2. India
8.2.5.3. Japan
8.2.5.4. Australia
8.2.5.5. Rest of Asia Pacific
8.2.6. Price-Point Analysis
8.2.7. Manufacturer & Distributor List (Top 5)
8.2.8. Company Market Share (Top 3-5)
8.2.9. Economic Impact Study on Asia Pacific UAV Propulsion System Market
9. South America UAV Propulsion System Market Overview
9.1. South America UAV Propulsion System Market Size & Forecast, 2016-2027
9.1.1. Demand
9.1.1.1. By Value (USD Million)
9.1.2. Consumption
9.1.2.1. By Volume (Thousands Unit)
9.2. South America UAV Propulsion System Market Share & Forecast, 2016-2027
9.2.1. By Engine Type
9.2.1.1. Electric Propulsion Systems
9.2.1.2. Thermal Propulsion Systems
9.2.1.3. Hybrid Propulsion Systems
9.2.2. By UAV Type
9.2.2.1. Micro UAV
9.2.2.2. Mini UAV
9.2.2.3. Tactical UAV
9.2.2.4. MALE UAV
9.2.2.5. HALE UAV
9.2.3. By Range
9.2.3.1. Long Range
9.2.3.2. Mid-Range
9.2.3.3. Short Range
9.2.4. By End-User
9.2.4.1. Military & Civil
9.2.4.2. Commercial
9.2.4.3. Consumers
9.2.5. By Country
9.2.5.1. Brazil
9.2.5.2. Argentina
9.2.5.3. Rest of South America
9.2.6. Price-Point Analysis
9.2.7. Manufacturer & Distributor List (Top 5)
9.2.8. Company Market Share (Top 3-5)
9.2.9. Economic Impact Study on South America UAV Propulsion System Market
10. Middle East & Africa UAV Propulsion System Market Overview
10.1. Middle East & Africa UAV Propulsion System Market Size & Forecast, 2016-2027
10.1.1. Demand
10.1.1.1. By Value (USD Million)
10.1.2. Consumption
10.1.2.1. By Volume (Thousands Unit)
10.2. Middle East & Africa UAV Propulsion System Market Share & Forecast, 2016-2027
10.2.1. By Engine Type
10.2.1.1. Electric Propulsion Systems
10.2.1.2. Thermal Propulsion Systems
10.2.1.3. Hybrid Propulsion Systems
10.2.2. By UAV Type
10.2.2.1. Micro UAV
10.2.2.2. Mini UAV
10.2.2.3. Tactical UAV
10.2.2.4. MALE UAV
10.2.2.5. HALE UAV
10.2.3. By Range
10.2.3.1. Long Range
10.2.3.2. Mid-Range
10.2.3.3. Short Range
10.2.4. By End-User
10.2.4.1. Military & Civil
10.2.4.2. Commercial
10.2.4.3. Consumers
10.2.5. By Country
10.2.5.1. Saudi Arabia
10.2.5.2. UAE
10.2.5.3. South Africa
10.2.5.4. Rest of Middle East & Africa
10.2.6. Price-Point Analysis
10.2.7. Manufacturer & Distributor List (Top 5)
10.2.8. Company Market Share (Top 3-5)
10.2.9. Economic Impact Study on Middle East & Africa UAV Propulsion System Market
11. Competitor Analysis
11.1. Company Description
11.2. Financial Analysis
11.3. Key Products
11.4. Key Management Personnel
11.5. Contact Address
11.6. SWOT Analysis
11.7. Company Profile
11.7.1. Ballard Power Systems Inc.
11.7.2. LaunchPoint Technologies Inc.
11.7.3. Northwest UAV
11.7.4. ORIBTAL CORPORATION
11.7.5. Rotron Power Ltd
11.7.6. Safran SA
11.7.7. Hirth Engines GmbH (UMS SKELDAR AG)
11.7.8. Honeywell International Inc.
11.7.9. Rolls-Royce plc
11.7.10. BRP-Rotax GmbH & Co KG,
11.7.11. MicroMultiCopter Aero Technology Co., Ltd.
11.7.12. Sky Power GmbH
11.7.13. UAV Propulsion Tech
11.7.14. UAV Turbines, Inc
11.7.15. Other Prominent Players
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