Middle East Unmanned Aerial Vehicle Market is Expected to Register a High CAGR Until 2028
Increase in demand for military
operations, surveillance solutions, and advancement in technology is escalating
the Middle East Unmanned Aerial market.
According to TechSci Research
report, “Middle East Unmanned Aerial Vehicle Market - By Country,
Competition, Forecast and Opportunities, 2028”UAV(Unmanned Electric Vehicle)
is an aircraft which is operates through remote control or with the help of
onboard computers. It is also known as a drone. An unmanned aircraft system,
which consists of a human controller permits communication between the
controller and the Unmanned Aerial Vehicle (UAV). . The use of UAV has shifted
in recent years, from purely military applications to include commercial,
scientific, recreational, and agricultural endeavors. Aerial photography,
package delivery, crop spraying for pests, drone racing, and package delivery
are possible with this type of device.
Unmanned aerial vehicle (UAV) is
an aerial transportation medium that operates without on-board crew or
passengers guided by remote control, autonomously, or both. Many countries are
introducing various rules and regulation for UAV’s also introduction of rules
and regulation pertaining to usage of UAVs by various countries are directly
influence the demand for unmanned aerial vehicle. UAV is the advanced aircraft
technology which can be utilized for surveillance, assessment, logistics,
photography, and others. Introduction of rules and regulation pertaining to
usage of UAVs by various countries, directly influence the demand for unmanned
aerial vehicle.
Government spending on UAVs has
increased as a result of the worldwide increase in security concerns and threat
from terrorism. Solutions utilizing unmanned aerial vehicles have a wide range
of uses in the military, civil, commercial, logistics, transportation, and
mining industries, among others, for effective asset observation and area
surveillance to achieve the highest level of operational effectiveness. The UAV
market is divided into two categories based on application, government and
commercial. As military UAVs are expensive, the military sector held the
largest share of the UAV market in 2022. Drones are used to deliver medical
supplies, food, and ammunition to battle zones. The military UAVs delivery
sub-segment is predicted to grow at the fastest rate during the forecast
period. Drones can send emergency real-time videos to personnel, giving them a
current picture of the scene. This aids in their comprehension of the extent of
the infrastructure damage, as well as the state of transportation and
logistics. Locating survivors who are stranded or trapped might be made easier
with the aid of drones. This aids the disaster management team in effectively
planning rescue operations and allocating their resources.
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The market is expected to
generate new opportunities in the forecast years owing to the rise in
insecurity concerns.
The Middle East Unmanned Aerial
Vehicle Market can be segmented based on type, size, range, end user, country,
and company. Based on type, the market is segmented into fixed-wing and VTOL.
Based on size, the market is segmented into small UAV, medium UAV, and large
UAV. Visual Range of Sight (VLOS) and Beyond Visual Line of Sight (BVLOS) are
segments based on region. Based on end user, the market is segmented into
government and commercial, Based on country, the market is segmented into Saudi
Arabia, UAE, Turkey, Qatar, Iraq, Kuwait, Oman, Bahrain, Morocco.
Some of the major companies
operating in the Middle East Unmanned Aerial Vehicle Market include:
- Aeronautics Ltd
- AeroVironment Inc
- Aurora Flight Sciences
- Aviation Industry Corporation of China
- BAE Systems Plc
- Da-Jiang Innovations (DJI) Science and
Technology Co., Ltd.
- Denel SOC Ltd (Denel Dynamics division)
- Elbit Systems Ltd
- FLIR Systems
- General Atomics Aeronautical Systems Inc
These are the key players
manufacturing and launching new products to stay competitive in the market. To
increase the customer outreach, the companies are investing in the research and
development activities to stay competitive in the market. These companies are
focusing on meeting the regulations of governments to stay competitive in the
market.
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“Due to the lucrative market
opportunities many companies have been heavily investing in the R&D of UAV
technology over the past few years. Also, the use has rapidly increased in a
wide range of commercial, scientific, recreational, and other civil services
applications in the upcoming years the market will grow rapidly.” said Mr.
Karan Chechi, Research Director with TechSci Research, a research-based global
management consulting firm.
“Middle East Unmanned Aerial
Vehicle Market By type (Fixed-wing, VTOL), By UAV size (Small UAV, Medium UAV,
Large UAV), By Range (Visual Range of Sight (VLOS), Beyond Visual Line of Sight
(BVLOS)), By End User (Government, Commercial), By Country, Competition,
Forecast and Opportunities, 2028Middle East Unmanned Aerial Vehicle Market” has
evaluated the future growth potential of Middle East unmanned aerial vehicle
market and provides statistics & information on market size, structure, and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the Middle East unmanned
aerial vehicle Market.
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