UAE & Saudi Arabia Small UAV Market: Current Analysis and Forecast (2023-2030)
$3999 – $6999
Wing Type (Fixed Wing, and Rotary Wing); Size (Micro, Mini, And Nano); Application (Military And Law Enforcement, And Civil And Commercial); Region/Country.
Pages: | 154 |
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Table: | 44 |
Figure: | 104 |
Report ID: | UMAD212413 |
Geography: |
Report Description
UAE & Saudi Arabia Small UAV Market is expected to grow at a significant rate of around 15% during the forecast period 2023-2030. The increasing government focus in the UAE and Saudi Arabia is one of the driving factors for the small UAV (Unmanned Aerial Vehicle) market in both countries. Governments are recognizing the potential benefits of using these unmanned aerial systems for various purposes, leading to increased investments and regulations. One major factor contributing to the increasing government focus is the need for enhanced security and surveillance capabilities. Small UAVs can be used for border patrol, intelligence gathering, and monitoring high-security areas. These unmanned systems provide real-time data and imagery, enabling authorities to make informed decisions and respond quickly to any security threats. For instance, in October 2021, the UAE’s National Emergency Crisis and Disasters Management Authority announced the launch of a drone registry program. This initiative aims to regulate and manage the use of small UAVs, ensuring their safe operation and integration into the country’s airspace.
DJI; Northrop Grumman; FEDS; Al Seer Marine; EDGE PJSC Group; Artrabia; SAMI Advanced Electronics; Aero Smart Drones; Microavia, LLC; and Thales are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.
Insights Presented in the Report
“Amongst application, military and law enforcement category to witness higher CAGR during the forecast period.”
Based on application, the small UAV market has been classified into military and law enforcement, and civil and commercial. The military and law enforcement is expected to grow with high CAGR during the forthcoming period. One of the key factors driving the adoption of small UAVs in the military and law enforcement is their ability to gather intelligence and provide situational awareness. With the incorporation of advanced sensors and cameras, these UAVs can capture high-resolution images, videos, and real-time data, enabling military and law enforcement agencies to monitor and assess threats or suspicious activities from a safe distance. This capability is particularly valuable in situations where human presence could be risky or impractical, such as border patrolling, search and rescue missions, or monitoring crime scenes.
“Amongst wing type, the rotary wing category to witness higher CAGR during the forecast period”
On the basis of wing type, the market is bifurcated into fixed ring and rotary ring. The rotary wing category is anticipated to grow with high CAGR during the forthcoming period. One of the primary advantages of rotary wing small UAVs is their ability to hover, fly at low speeds, and perform intricate maneuvers in tight spaces. This makes them ideal for applications such as aerial photography, videography, search and rescue operations, inspection of infrastructure, and monitoring of agricultural or industrial sites. Their agility and maneuverability allow for precise control and accurate data collection in challenging environments. In recent years, the rotary wing small UAV segment has witnessed significant advancements in terms of technology, performance, and affordability. Manufacturers are continuously developing improved rotor designs, lightweight materials, and more efficient propulsion systems to enhance flight capabilities and increase flight durations. These advancements have resulted in the availability of smaller and more capable rotary wing small UAVs in the market.
UAE & Saudi Arabia Small UAV Market
“Saudi Arabia witness significant growth in upcoming forecast period.”
The small unmanned aerial vehicle (UAV) market in Saudi Arabia has been witnessing considerable growth in recent years. With a variety of applications ranging from surveillance and monitoring to aerial photography and agriculture, small UAVs are being increasingly adopted across various industries in the country. According to recent reports, the Saudi Arabian government has been focusing on enhancing its defense capabilities by investing in advanced technological systems, including small UAVs. These systems play a crucial role in border surveillance, intelligence gathering, and counter-terrorism operations. The government has recognized the importance of small UAVs in strengthening its national security and has therefore been allocating a significant budget to procure and develop these technologies.
Reasons to buy this report:
- The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
- The report presents a quick review of overall industry performance at one glance.
- The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments.
- Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
- The study comprehensively covers the market across different segments.
- Deep dive regional level analysis of the industry.
Customization Options:
The UAE & Saudi Arabia small UAV market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.
Frequently Asked Questions (FAQ)
Q1: What is the current market size and growth potential of the UAE & Saudi Arabia Small UAV market?
Ans: The UAE & Saudi Arabia Small UAV market was valued at USD XX Million in 2022 and is expected to grow a CAGR of 15% during the forecast period (2023-2030).
Q2: What are the driving factors for the growth of the UAE & Saudi Arabia Small UAV Market?
Ans: Rise in the government focus, growing applications are the key factors driving the growth of the market.
Q3: Which segment has the largest share of the UAE & Saudi Arabia Small UAV market by Wing Type?
Ans: Rotary segment held the dominant share of the UAE & Saudi Arabia Small UAV market by wing type.
Q4: What are the emerging technologies and trends in the UAE & Saudi Arabia Small UAV market?
Ans: The growing technological advancements is one of the major trends in the market.
Q5: Which region will dominate the UAE & Saudi Arabia Small UAV market?
Ans: UAE is expected to dominate the market during the forecast period.
Q6: Who are the key players operating in the UAE & Saudi Arabia Small UAV market?
Ans: DJI; Northrop Grumman; FEDS; Al Seer Marine; EDGE PJSC Group; Artrabia; SAMI Advanced Electronics; Aero Smart Drones; Microavia, LLC; and Thales
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Research Methodology
Research Methodology for the UAE & Saudi Arabia Small UAV Market Analysis (2023-2030)
Analyzing the historical market, estimating the current market, and forecasting the future market of the UAE & Saudi Arabia small UAV market were the three major steps undertaken to create and analyze the adoption of small UAVs in major regions UAE & Saudi Arabialy. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the UAE & Saudi Arabia small UAV market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detail secondary study was conducted to obtain the historical market size of the small UAV market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the UAE & Saudi Arabia small UAV market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as wing type, size, and application. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the small UAV market. Further, we conducted factor analysis using dependent and independent variables such as various as wing type, size, and application of small UAVs. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the small UAV market sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the UAE & Saudi Arabia small UAV market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2030 for different segments and sub-segments across the major markets UAE & Saudi Arabia. The research methodology adopted to estimate the market size encompasses:
- The industry’s market size, in terms of revenue (USD) and the adoption rate of the small UAV market across the major markets domestically
- All percentage shares, splits, and breakdowns of market segments and sub-segments
- Key players in the UAE & Saudi Arabia small UAV market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market.
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
Market Engineering
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the UAE & Saudi Arabia small UAV market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of as wing type, size, and application in the UAE & Saudi Arabia small UAV market.
The main objective of the UAE & Saudi Arabia Small UAV Market Study
The current & future market trends of the UAE & Saudi Arabia small UAV market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:
- Analyze the current and forecast market size of the small UAV market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments
- Segments in the study include areas of as wing type, size, and application.
- Defining and analysis of the regulatory framework for the small UAV
- Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
- Analyze the current and forecast market size of the small UAV market for the major region.
- Major countries of regions studied in the report include UAE & Saudi Arabia.
- Company profiles of the small UAV market and the growth strategies adopted by the market players to sustain in the fast-growing market
- Deep dive regional level analysis of the industry