How big is the Asia-Pacific Tactical UAV Market?

The Asia-Pacific Tactical UAV Market size is expected to reach USD 5.11 billion in 2024 and grow at a CAGR of 11.89% to reach USD 8.96 billion by 2029. Read More

What is the current Asia-Pacific Tactical UAV Market size?

In 2024, the Asia-Pacific Tactical UAV Market size is expected to reach USD 5.11 billion. Read More

Who are the key players in Asia-Pacific Tactical UAV Market?

Elbit Systems Ltd., General Atomics, The Boeing Company, Northrop Grumman Corporation and IAI are the major companies operating in the Asia-Pacific Tactical UAV Market. Read More

What years does this Asia-Pacific Tactical UAV Market cover, and what was the market size in 2023?

In 2023, the Asia-Pacific Tactical UAV Market size was estimated at USD 4.50 billion. The report covers the Asia-Pacific Tactical UAV Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Tactical UAV Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Asia-Pacific Tactical UAV Market Size & Share Analysis - Industry Research Report

Asia-Pacific Tactical UAV Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Asia-Pacific Tactical UAV Market is Segmented by Maximum Take-Off Weight (Less Than 100kg, Greater Than 100kg) and Geography (China, India, Japan, South Korea, and the Rest of Asia-Pacific). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

Asia-Pacific Tactical UAV Industry Overview

The Asia-Pacific tactical UAV market is semi-consolidated due to the presence of a few players holding significant shares in the market. Some of the key players in the market are Elbit Systems Ltd, IAI, General Atomics, The Boeing Company, and Northrop Grumman Corporation.

Key OEMs are focusing on integrating technologies like artificial intelligence (AI), stealth, hypersonic propulsion, advanced electronic warfare capabilities, and better avionics into the existing systems to further enhance the capabilities of tactical UAVs. This will help them gain new contracts, thereby propelling their growth during the forecast period.

Globally renowned tactical UAV manufacturers are also partnering with the local players to develop new tactical UAVs. For instance, in June 2023, the Defense Research Development Organization (DRDO) in India announced that the tactical aerial platform for advanced surveillance (TAPAS) 201 designed and developed by Bengaluru-based Aeronautical Development Establishment (ADE) is ready for user evaluation trials.