Rapid technological
advancements taking place in the field of UAVs and communication technology to
drive the growth of Middle East unmanned aerial vehicle market
According to
TechSci Research report, “Middle East Unmanned Aerial Vehicle
Market By Class (Small UAV, Tactical UAV, Strategic UAV
and Special Purpose UAV), By Type (Fixed-wing UAVs, Fixed-wing VTOL UAVs,
Rotary-wing UAVs), By Energy Source (Lithium-Ion Battery, Hybrid Cell, Solar
Cell, Hydrogen and Fuel Cell), By Mode of Operation (Remotely Piloted,
Optionally Piloted, Fully Autonomous), By Range (Visual Line of Sight (VLOS),
Extended Visual Line of Sight (EVLOS), Beyond Line of Sight (BLOS)), By MTOW
(<25 Kilograms, 25-170 Kilograms, >170 Kilograms), By Application
Industry (Defense & Security, Agriculture, Logistics & Transportation,
Energy & Power, Construction & Mining, Media & Entertainment,
Insurance, Wildlife & Forestry, Academics & Research), By Country, By
Company, Forecast & Opportunities, 2025”, the Middle East unmanned aerial vehicle market is expected
to grow at a formidable rate during the forecast period owing to the increasing
effectiveness of UAVs in various combat situations coupled with technological
advancements. Additionally, increasing demand for highly precise technologies
for warfare is further expected to propel the market during the forecast period.
Furthermore, rising focus of airline operators on maintaining passenger
retention and brand image has led to frequent replacement and refurbishment of
aircraft seats. Moreover, growing applications of UAVs for various commercial
purposes, like remote sensing, photo and videography, oil, gas, and mineral
exploration, disaster relief, recreational uses, among others is further
expected to spur the market during forecast period. However, high accident rate
of these vehicles can hamper the growth of market during forecast period. Moreover,
stringent government regulations regarding the usage of unmanned aerial
vehicles is also expected to hamper the growth of the market during the
forecast period.
Browse XX market data Tables and XX Figures spread through XXX Pages and an in-depth TOC on " Middle East Unmanned Aerial Vehicle Market"
The Middle East unmanned aerial
vehicle market is segmented based on class, type, energy source, mode of
application, range, MTOW, application, company and country distribution. Based
on type, the market can be fragmented into fixed-wing UAVs, fixed-wing VTOL
UAVs and rotary-wing UAVs. The rotary-wing UAVs segment is expected to dominate
the market during the forecast period. This can be accredited to the robustness
and high durability of the rotary blade as compared to other variants. The
increasing adoption of the rotary blade UAVs for the photography and racing
applications is also estimated to have a significant impact on the growth of
the market. Based on mode of operation, the market can be grouped into remotely
piloted, optionally piloted and fully autonomous. The remotely piloted segment
is expected to dominate the market during the forecast period attributable to
the increasing use of UAVs for border security patrol using software to fly the
planes, due to which there is no need for the pilots to fly it. Based on range,
the market can be categorized Visual Line of Sight (VLOS), Extended Visual Line
of Sight (EVLOS) and Beyond Line of Sight (BLOS). The beyond line of sight
(BLOS) segment of the UAV market is projected to grow at the highest CAGR during
the forecast period. This growth can be attributed to the increasing use of
these UAVs in commercial and consumer applications. Based on application, the
market can be segmented into defense & security, agriculture, logistics
& transportation, energy & power, construction & mining, media
& entertainment, insurance, wildlife & forestry and academics &
research. The defense & security segment is expected to dominate the market
during forecast period on account of the increasing purchase of UAVs by various
countries in the Middle East region. Chinese manufacturers have displayed a
positive inclination to supply armed UAVs to countries such as Iraq and Saudi
Arabia, which has increased their penetration in the Middle East region.
Additionally, Israel and Turkey have upgraded and increased domestic production
of the defense UAVs and are soon expected to compete in the Middle East region.
Elbit Systems Ltd., Israel
Aerospace Industries, General Atomics Aeronautical Systems, Inc., Northrop
Grumman Corporation, AeroVironment, Inc., Lockheed Martin CISS, Boeing Middle
East Ltd., Parrot S.A., Piaggio Aero Industries S.p.A., Stemme AG and others are some of the
leading players operating in Middle East unmanned aerial vehicle market. The
companies are developing advanced technologies and launching new products in
order to stay competitive in the market. Other competitive strategies include
mergers & acquisitions and new product developments.
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“Middle East unmanned
aerial vehicle market is expected to witness growth during the forecast period owing
to the growing usage in personal & recreational applications such as
travel/event photography, adoption for monitoring and mapping, and increasing
inclusion of UAVs by the armed forces in the Middle East region. Additionally, presence
of key players such as Elbit Systems Ltd., Israel Aerospace Industries, among
others in the region further propels the market during forecast period.
Furthermore, government initiatives to encourage drone usage for well-being are
expected to propel the research and development initiatives in the region. For
instance, in 2014, UAE government announced an annual competition named as UAE
drones in order to encourage positive technology applications.” said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Middle East Unmanned Aerial Vehicle Market By
Class (Small UAV, Tactical UAV, Strategic UAV and Special Purpose UAV), By Type
(Fixed-wing UAVs, Fixed-wing VTOL UAVs, Rotary-wing UAVs), By Energy Source
(Lithium-Ion Battery, Hybrid Cell, Solar Cell, Hydrogen and Fuel Cell), By Mode
of Operation (Remotely Piloted, Optionally Piloted, Fully Autonomous), By Range
(Visual Line of Sight (VLOS), Extended Visual Line of Sight (EVLOS), Beyond
Line of Sight (BLOS)), By MTOW (<25 Kilograms, 25-170 Kilograms, >170
Kilograms), By Application Industry (Defense & Security, Agriculture,
Logistics & Transportation, Energy & Power, Construction & Mining,
Media & Entertainment, Insurance, Wildlife & Forestry, Academics &
Research), By Country, By Company, Forecast & Opportunities, 2025” has evaluated the future growth potential of Middle
East unmanned aerial vehicle market and provides statistics & information
on market size, structure and future market growth. The report intends to
provide cutting-edge market intelligence and help decision makers take sound
investment decisions. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges and opportunities in Middle
East unmanned aerial vehicle market.
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