2024 Research: Unmanned Systems Market to Soar, Reaching $43.54 Billion by 2029, at a Growth Rate of 8.2% - Expansion Fueled by Technological Advancements in Autonomous Systems
Dublin, Jan. 08, 2025 (GLOBE NEWSWIRE) -- The "Unmanned Systems Market by Type (Unmanned Aerial Vehicle, Unmanned Marine Vehicle, Unmanned Ground Vehicle), Application (Defense, Government & Law Enforcement, Commercial, Consumer, Other), Mode of Operation and Region - Global Forecast to 2030" report has been added to * ResearchAndMarkets.com's* offering.
The unmanned systems market is poised for significant growth over the next decade, driven primarily by advancements in technologies related to autonomous systems and an increase in defense, government, and commercial applications. As the market surges from USD 27.13 billion in 2024 to an estimated USD 43.54 billion by 2029, stakeholders across sectors prepare to navigate a complex ecosystem of innovation and regulatory considerations.
*Leading Unmanned Systems by Type and Regional Dominance*
In the Unmanned Surface Vehicle (USV) market, large USVs remain the frontrunners, claiming a majority of the market share. Their long-range capabilities render them indispensable for defense and commercial maritime operations. For Unmanned Aerial Vehicles (UAVs), strategic UAVs are anticipated to maintain their lead, being crucial for ISR missions within defense frameworks. North America is expected to emerge as the largest market for unmanned systems, with substantial investments and cutting-edge technological capabilities contributing to its dominance.
*Enhancing Global Maritime Security and Military Modernization*
With global geopolitical tensions on the rise, maritime security has become a paramount concern leading to sustained demand for large USVs. These vessels are equipped to handle complex tasks such as anti-submarine warfare and naval escorts. Similarly, strategic UAVs are being increasingly deployed for surveillance, intelligence collection, and precision warfare, supporting modernization efforts in defense infrastructures worldwide.
*Competitive Landscape and Strategic Insights*
The market is characterized by a diverse set of players ranging from established defense contractors to innovative startups. Comprehensive interviews with CEOs and other high-ranking officials across various organizations reflect a competitive landscape primed for strategic partnerships, product developments, and market expansion efforts.
*Looking Ahead: Market Drivers and Challenges*
Further growth of the unmanned systems market will be fueled by growing defense budgets globally, technological advancements, and a rising demand for autonomous, cost-efficient, and advanced ISR capabilities. However, challenges such as power supply issues, operational costs, cybersecurity threats, and regulatory hurdles need to be addressed strategically for market actors to fully capitalize on the emerging opportunities in the evolving unmanned systems landscape.
*Key Attributes:*
*Report Attribute* *Details*
No. of Pages 371
Forecast Period 2024 - 2029
Estimated Market Value (USD) in 2024 $27.13 Billion
Forecasted Market Value (USD) by 2029 $43.54 Billion
Compound Annual Growth Rate 8.2%
Regions Covered Global
*Companies Featured*
· Northrop Grumman
· Teledyne Technologies Incorporated
· Lockheed Martin Corporation
· Bae Systems
· Dji
· Thales
· Israel Aerospace Industries
· Boeing
· General Dynamics Corporation
· Textron Inc.
· L3Harris Technologies, Inc.
· Elbit Systems Ltd.
· Leonardo S.P.A.
· Edge Pjsc Group
· St Engineering
· Shield AI
· Autel Robotics
· Delair
· Microdrones
· Msubs
· Anduril
· International Submarine Engineering Ltd.
· Ocius Technologies
· Clearpath Robotics Inc.
· Maritime Robotics
For more information about this report visit https://www.researchandmarkets.com/r/ke0cgm
*About ResearchAndMarkets.com*
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
*Attachment*
· Unmanned Systems Market
CONTACT:
CONTACT: ResearchAndMarkets.com
Laura Wood,Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900