UAV PROPELLERS MARKET ANALYSIS

UAV Propellers Market, By Material Type (Wood Propellers, Carbon Fiber Propellers, Composite Propellers, and Others), By Industry (Government and Defense, Oil and Gas Industry, Mining, E-commerce, and Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Dec 2022
Code : CMI3811
Pages :130
Formats :
Excel and PDF
Industry : Aerospace and Defense

UAV Propellers MarketSize and Trends

Global UAV propellers market is expected to witness significant growth during the forecast period (2022–2030). The market growth is majorly attributed to increasing adoption of UAV in the oil and gas industry. Automated drones are used for surveillance and inspection of infrastructure and pipeline in the oil and gas industry.

The Global UAV Propellers Market was valued at US$ 409.9 Mn in 2021.

North America region dominated the global UAV propellers market in 2021, accounting for a 43.7% share in terms of value, followed by Europe, Asia Pacific and Latin America, respectively

Asia Pacific region is expected to show highest growth during the forecast period. This is owing to increasing expenditure on UAV by the China and Indian governments.

The global UAV propellers market was valued at US$ 409.9 Mn in 2021 and is expected to reach US$ 1268.7 Mn by 2030, growing at a CAGR of 13.6% between 2022 and 2030.