Unmanned Helicopter Market Size, Share, Growth Analysis, By Product Type(Small, Medium), By Application(Military, ISR, Combat, Search & Rescue), By Industry(Planning, Inspection, Surveying), By Region - Industry Forecast 2024-2031

Unmanned Helicopter Market size was valued at USD 5434.82 million in 2019 and is poised to grow from USD 6087 million in 2023 to USD 16879.73 million by 2031, growing at a CAGR of 12% in the forecast period (2024-2031).

A helicopter that is unmanned lacks a pilot, a crew, or any occupants who are human. These are weather-resistant, capable of transporting numerous payloads, and capable of providing agencies with real-time information. They have a network of satellite communications that enables them to conduct operations even in far-off places. For a competitive edge in the unmanned helicopter market, major competitors frequently invest considerably in R&D for new improvements. A ground-based controller and a communications system are included with an unmanned helicopter (UAV). A human operator can use a remote to control an unmanned helicopter's flight, exactly like they would with a remote-control aircraft. To combat the growing inter-country instability, governments have raised their defence spending. Military missions and the delivery of lethal or nonlethal cargo were the original purposes for unmanned helicopter development. In order to combat the rising regional instability, developed and emerging economies are implementing more sophisticated unmanned helicopter defence systems.

Unmanned systems are being employed more frequently in the current pandemic crisis to support the provision of medical, personal protective equipment (PPE), and health kits, which is fueling market growth. The pandemic's onset has also influenced governments' decisions to execute a number of contracts with various businesses to acquire unmanned helicopters for surveillance. The epidemic has caused significant economic losses owing to employment losses, which immediately impacted government revenues and led to a sharp reduction in the defence budget, having a significant negative influence on the global market for unmanned helicopters.

US Unmanned Helicopter Market is poised to grow at a sustainable CAGR for the next forecast year.