What is the current North America Small UAV Market size?

The North America Small UAV Market is projected to register a CAGR of greater than 7% during the forecast period (2024-2029) Read More

Who are the key players in North America Small UAV Market?

Elbit Systems Ltd., Thales Group, AeroVironment Inc., Lockheed Martin Corporation and IAI are the major companies operating in the North America Small UAV Market. Read More

What years does this North America Small UAV Market cover?

The report covers the North America Small UAV Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the North America Small UAV Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

North America Small UAV Market - Size, Share & Analysis

North America Small UAV Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers North America Small UAV Market Growth and it is segmented by UAV Type (Fixed-Wing and Rotary Wing), Propulsion Technology (Hydrogen Cell, Hybrid, Solar, and Lithium-ion), End-user Industries (Construction, Agriculture, Energy, Entertainment, Defense and Law Enforcement, and Others), and Country (United States and Canada). The market size and forecasts are provided in terms of value (USD million) for all the above segments.

North America Small UAV Industry Overview

The North American small UAV market is comprised of a handful of established players who enjoy a strong foothold in the market, such as AeroVironment Inc., Thales Group, IAI, Lockheed Martin Corporation, and Elbit Systems Ltd. However, several small companies and startups entered the market in the past few years due to the high profitability in the market. Companies are competing to gain market shares and are developing advanced technology-integrated drone hardware and software solutions that reduce human effort in applications such as mining, construction, and aerial mapping. Since the payload, endurance, and flight range of a drone platform are the primary concerns of OEMs and operators alike, the emergence of alternative fuel-powered drones is expected to cause significant changes in the competitive scenario. Moreover, the use of composite-based materials for the construction of critical components and parts of drones would likely increase the capabilities of the drone platforms and fuel their widespread adoption across different industries.