India Unmanned Aerial Vehicle Market

India Unmanned Aerial Vehicle Market Overview

An Unmanned Aeronautical Vehicle (UAV), also known as an uncrewed aerial vehicle or drone, refers to an aircraft that has the ability to fly without the onboard presence of a pilot. These vehicles are guided autonomously or by remote control and consists of sensors, target designators, and electronic transmitters. The UAVs are being increasingly used in defense & security, agriculture, logistics & transportation, healthcare & pharmacy, retail & food, and other sectors.

Major India Unmanned Aerial Vehicle Market Drivers

The Indian Unmanned Aerial Vehicle (UAV) market is becoming more mainstream over the forecast period thanks to the increasing security concerns and terrorist threats in India, followed by the rapidly increasing domestic crime rate around the country. India recorded more than 3 million crime incidences in 2016, growing at a significant rate from 2.2 million incidences in 2015. This factor is promoting the Indian government to opt for advanced technologies and devices to decrease the crime rate in the country. Additionally, the various initiatives and programs launched by the government, such as the “Make in India” program to support the manufacturing of products in India itself, will directly accelerate the demand for the UAVs.

The increasing application of the unmanned aerial vehicles in different industries, including agriculture, product delivery, surveying & mapping, and other industries, is creating innumerable growth opportunities for the market over the coming years. In the ongoing coronavirus crisis, drones are playing a vital role in combating this pandemic. The UAVs are being used by local authorities and government to provide numerous services such as disinfecting contaminated areas, managing crowds, and delivering medical supplies and essentials food products. This widespread usage of drones in different operations will reduce the physical contact between humans, thus reducing the possibilities of spreading the COVID-19. On the other edge of the spectrum, the lack of proper air traffic management for UAVs and the limited amount of skilled & trained personnel to operate UAVs are the key factors that will hamper the market’s growth.

Based on the range, the market is segmented into Visual Line of Sights UAVs, Extended Visual Line of Sight UAVS, and Beyond Line of Sight UAVs. The Beyond Line of Sight UAVs segment is anticipated to dominate the market in India attributed to the accelerating usage of these UAVs, especially in the commercial and consumer applications. These UAVs are being increasingly used for delivering food products and other essential items as these drones have the ability to cover a wide range of distances and help in conducting complex drone operations.

On the basis of Verticals, the market is segmented into military, commercial, government & law enforcement, and consumer. Among these, the commercial segment is anticipated to grow at a higher CAGR over the forecast period. This is due to the increasing adoption of UAVs for numerous commercial applications, including surveying, mapping, remote sensing, monitoring, and product delivery in India. The drones are used for home delivery of the food products and for surveying and mapping different aspects of commercial sector.

Based on the class, the market is segmented into small UAVs, strategic & tactical UAVs, and special-purpose UAVs. Among these, the small UAVs segment is projected to grow at a higher CAGR during the forecast period owing to the strong demand for small UAVs, especially in the defense sector for surveillance and monitoring applications. Furthermore, the small UAVs are also used in logistics & transportation, wildlife surveys, firefighting, and photography, which will boost the demand of the segment.

Top Market Players

Some notable players in the market include Hindustan Aeronautics Limited., Asteria Aerospace, ideaforge, Aarav Unmanned Systems, Quidich, DJI, Cyberhawk, The Boeing Company, Aurora Integrated systems, and Skylark Drone among others.

Key Development:

• • In 2020, Hindustan Aeronautics Limited (HAL) entered into a collaboration with the Bengaluru based Dynamatic Technologies limited (DTL) and Israel Aerospace Industries Limited (IAI). This collaboration will provide an excellent opportunity to HAL to expand its aerospace ecosystem in the country, especially for UAVs.

Segments covered in the Report:

The India Unmanned Aerial Vehicle (UAV) Market has been segmented on the basis of UAV Size, Type, Range and Application. Based on the UAV Size, the market is segmented into Small UAV, Medium UAV, Large UAV. Based on the Type, the market is segmented into Fixed-wing (MALE, HALE, TUAV), VTOL (Single Rotor, Multi Rotor). Based on the Range, the market is segmented into Visual Range of Sight (VLOS), Beyond Visual Line of Sight (BVLOS). Based on the Application, the market is segmented into Military and Civil and Commercial. The Military segment is further segmented into Combat, Non-Combat (Cargo Delivery, ISR, and Battle Damage Management). The Civil and Commercial segment is further segmented into Agriculture, Construction and Mining, Inspection and Monitoring, Delivery, Law Enforcement and First Responders, Other Applications.

Report Coverage	Details
Market Revenues (2022)	USD Million
Market Base Year	2022
Market Forecast Period	2023-2030
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By UAV Size, By Type, By Range, By Application,
Regional Coverage	India
Companies Profiled	Hindustan Aeronautics Limited., Asteria Aerospace, ideaforge, Aarav Unmanned Systems, Quidich, DJI, Cyberhawk, The Boeing Company, Aurora Integrated systems, and Skylark Drone; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

India Unmanned Aerial Vehicle (UAV) Market by UAV Size

• • Small UAV
  • Medium UAV
  • Large UAV

India Unmanned Aerial Vehicle (UAV) Market by Type

• • Fixed-wing (MALE, HALE, TUAV)
  • VTOL (Single Rotor, Multi Rotor)

India Unmanned Aerial Vehicle (UAV) Market by Range

• • Visual Range of Sight (VLOS)
  • Beyond Visual Line of Sight (BVLOS)

India Unmanned Aerial Vehicle (UAV) Market by Application

Military

• • • Combat
    • Non-Combat (Cargo Delivery, ISR, and Battle Damage Management)

Civil and Commercial

• • • Agriculture
    • Construction and Mining
    • Inspection and Monitoring
    • Delivery
    • Law Enforcement and First Responders
    • Other Applications

Indian Unmanned Aerial Vehicle Market Leading players (Option 1: As a part of free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Hindustan Aeronautics Limited
  • Asteria Aerospace
  • Ideaforge
  • Aarav Unmanned Systems
  • Quidich
  • DJI
  • Cyberhawk
  • The Boeing Company
  • Aurora Integrated systems
  • Skylark Drone