Fixed-Wing Drone Trends and Forecast
The future of the global fixed-wing drone market looks promising with opportunities in the safety monitoring, military, and land survey markets. The global fixed-wing drone market is expected to reach an estimated $20.2 billion by 2030 with a CAGR of 16.8% from 2024 to 2030. The major drivers for this market are growing adoption of this technology in surveying and mapping and increasing need for these drones in disaster response and relief.
• Lucintel forecasts that large-size UAV is expected to witness the highest growth over the forecast period.
• Within this market, safety monitoring is expected to witness the highest growth.
• North America is expected to witness highest growth over the forecast period.
United States: The United States has been a significant player in the fixed-wing drone market. Companies such as Boeing have made substantial investments in developing high-endurance drones like the MQ-25 Stingray, which aims to provide aerial refueling capabilities to extend the operational range of carrier-based aircraft (Fact.MR). The U.S. Air Force is also restructuring its operational wings to include fixed-wing drones as part of their "Deployable Combat Wings" initiative, enhancing combat readiness and efficiency.
India: IndiaÄX%$%Xs fixed-wing drone market is growing rapidly with companies like ideaForge, which has partnered with the Indian Army to supply tactical surveillance drones. The Indian government has set targets to enhance its UAV capabilities, with significant investments in domestic production and research and development initiatives (Fact.MR). The collaboration aims to strengthen border surveillance and security operations.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Fixed-Wing Drone by Segment
The study includes a forecast for the global fixed-wing drone by type, application, and region.
Fixed-Wing Drone Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Large-Size UAV
• Medium-Size UAV
• Small-Size UAV
Fixed-Wing Drone Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Safety Monitoring
• Military
• Land Survey
• Others
Fixed-Wing Drone Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Fixed-Wing Drone Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies fixed-wing drone companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fixed-wing drone companies profiled in this report include-
• Lockheed Martin
• Textron
• Applied Aeronautics
• Northrop Grumman
• General Atomics
• Airbus
• IAI
Recent Development in the Fixed-Wing Drone Market
Boeing: Boeing continues to lead in the development of advanced fixed-wing drones, notably with its MQ-25 Stingray program. This drone is designed for aerial refueling, aimed at extending the operational range and endurance of carrier-based aircraft. The MQ-25 completed its first test flight in 2019 and has since been undergoing rigorous testing and development to meet the U.S. NavyÄX%$%Xs operational requirements. This initiative highlights Boeing’s commitment to enhancing military capabilities through innovative UAV solutions.
Northrop Grumman: Northrop Grumman has been making significant advancements with its Global Hawk drone. The RQ-4 Global Hawk is a high-altitude, long-endurance (HALE) UAV designed for intelligence, surveillance, and reconnaissance (ISR) missions. Northrop Grumman recently secured a contract to upgrade the Global HawkÄX%$%Xs sensors and communication systems, ensuring it remains at the forefront of ISR technology. This development underscores the importance of reliable, long-range fixed-wing drones in modern defense strategies.
Quantum-Systems GmbH: German company Quantum-Systems has introduced innovative fixed-wing drones like the Vector and Scorpion, which are designed for high-precision mapping and surveying. The Vector drone, in particular, is known for its versatility and endurance, capable of transitioning between multi-rotor and fixed-wing flight. These drones are used in various applications, including agriculture, surveying, and defense, demonstrating the company’s focus on versatile and robust UAV solutions.
AeroVironment: AeroVironment has been at the forefront of fixed-wing drone technology with its Puma 3 AE. This small, hand-launched drone is designed for tactical ISR operations, offering extended flight times and robust data collection capabilities. AeroVironment recently announced enhancements to the Puma 3 AE, including improved battery life and sensor integration, making it a valuable asset for both military and commercial applications. This initiative highlights AeroVironmentÄX%$%Xs dedication to continuous improvement and adaptation to meet evolving market demands.
Features of the Global Fixed-Wing Drone Market
Market Size Estimates: Fixed-wing drone market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Fixed-wing drone market size by type, application, and region in terms of value ($B).
Regional Analysis: Fixed-wing drone market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the fixed-wing drone market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the fixed-wing drone market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the fixed-wing drone market size?
Answer: The global fixed-wing drone market is expected to reach an estimated $20.1 billion by 2030.
Q2. What is the growth forecast for fixed-wing drone market?
Answer: The global fixed-wing drone market is expected to grow with a CAGR of 16.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the fixed-wing drone market?
Answer: The major drivers for this market are growing adoption of this technology in surveying and mapping and increasing need for these drones in disaster response and relief.
Q4. What are the major segments for fixed-wing drone market?
Answer: The future of the fixed-wing drone market looks promising with opportunities in the safety monitoring, military, and land survey markets.
Q5. Who are the key fixed-wing drone market companies?
Answer: Some of the key fixed-wing drone companies are as follows:
• Lockheed Martin
• Textron
• Applied Aeronautics
• Northrop Grumman
• General Atomics
• Airbus
• IAI
Q6. Which fixed-wing drone market segment will be the largest in future?
Answer: Lucintel forecasts that large-size UAV is expected to witness the highest growth over the forecast period.
Q7. In fixed-wing drone market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the fixed-wing drone market by type (large-size UAV, medium-size UAV, and small-size UAV), application (safety monitoring, military, land survey, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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