Report ID: SQMIG45F2099
Report ID:
SQMIG45F2099 |
Region:
Global |
Published Date: February, 2024
Pages:
265
|
Tables:
103 |
Figures:
76
The Unmanned Helicopter Market in North America, which had a value of USD 1,737.7 million in 2021, is expected to be the largest worldwide. This dominance can be attributed to the rising demand for unmanned rotorcraft and other drones for a variety of uses throughout the region, including aerial photography, surveying, field mapping, and wildlife monitoring.
Developing cutting-edge air transport systems is a key component of the rising notion of air transportation and logistics solutions offered by businesses like UPS, Uber, Zipline, and DHL. The new products were created specifically to meet the increased demand for food, medications, and cargo in the US and Canada over the coming years. Additionally, the presence of suppliers and manufacturers in the US and Canada, like Flir, Northrop, and AeroVironment, is expected to favour the expansion of the market in those countries. Due to the rising demand for aerial vehicles for security forces, naval forces, and border patrolling purposes, the market in Europe is predicted to develop at a moderate CAGR.
Due to the rising military spending of various nations, the market in the Asia Pacific is expected to rise strongly in the years to come. Additionally, the market participants are investing heavily in product development, which will increase demand for unmanned rotorcraft goods. Due to the existence of a severely underserved market, South America and the Middle East & Africa accounted for a comparably lower market share for unmanned helicopters.
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Report ID: SQMIG45F2099