The global electric-driven fixed wing unmanned aerial vehicles (UAV) market size is projected to reach USD 13.8 billion by 2030, from an estimated USD 3.7 billion in 2022, at a CAGR of 14.5% during 2023-2030.
Fixed-wing UAVs (Unmanned Aerial Vehicles), also known as fixed-wing UAS, fixed-wing RPAS, or fixed-wing drones, are aircraft that fly autonomously. Fixed wing UAVs can be piloted autonomously by onboard computers or remotely by a human operator. The design of fixed-wing aircraft has been the key to its success. A fixed-wing aircraft only needs enough power to move forward, as opposed to a multirotor, which constantly draws large amounts of power from the battery to spin its propellers enough to create lift.
Key Players For The Electric-Driven Fixed Wing Unmanned Aerial Vehicles Market
Latitude Engineering, Northrop Grumman Corporation, Turkish Aerospace Industries Inc, Textron Inc, Saab Group, AeroVironment Inc, IdeaForge, Schiebel Elektronische Gerate GmbH, Israel Aerospace Industries Ltd, AgEagle Aerial Systems Inc, Boeing Company, Lockheed Martin Corporation, DJI Innovations, and Other Major Key Players.
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The latest research on the Electric-Driven Fixed Wing Unmanned Aerial Vehicles market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Electric-Driven Fixed Wing Unmanned Aerial Vehicles industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Electric-Driven Fixed Wing Unmanned Aerial Vehicles market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.
Market Segmentation:
By Maximum take-off weight
- < 25 Kilograms
- 25-170 Kilograms
- >170 kilograms
By Application
- Military
- Government
- Commercial
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Following Regions Are Highlighted Electric-Driven Fixed Wing Unmanned Aerial Vehicles Market Report:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
COVID-19 Impact On The Electric-Driven Fixed Wing Unmanned Aerial Vehicles Market
COVID-19's effects have significantly altered the business environment for 2020 and had a detrimental effect on both production and sales across the board for the automobile industry. The COVID-19 epidemic caused a significant blow to the global economy. Global sales of electric vehicles were, on average, 15% lower in the first half of 2020 than in 2019. The growth of the Electric-Driven Fixed Wing Unmanned Aerial Vehicles business was adversely impacted by the drop in electric car sales. However, it is anticipated that future market acceptance would be favored by the economic recovery and governments gradually removing lockup restrictions.
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