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Unmanned Aerial Vehicles Market Leadership

This market growth can be attributed to the growing use of UAVs in civil &commercial, military, marine patrolling, and counterterrorism applications.

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Unmanned Aerial Vehicles Market Leadership

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  1. Unmanned Aerial Vehicles MarketLeadership The global Unmanned Aerial Vehicle(UAV) market was valued at USD 19.3 billion in 2019 and is likely to reach USD 45.8 billion by 2025, at a CAGR of 15.5% from 2019 to 2025.This market growth can be attributed to the growing use of UAVs in civil &commercial, military, marine patrolling, and counterterrorism applications. In 2019, the Unmanned Aerial Vehicle marketwas dominated by General Atomics (US), Northrop Grumman Corporation (US), Boeing (US),and DJI (China). A few of the key strategies executed by these players to compete in the Unmanned Aerial Vehicle market include contracts, new product developments, product launches, andexpansions. 360Quadrants, the most granular comparison platform, has released a quadrant on the Best Unmanned Aerial Vehicle to help customers make quicker and more informed buying decisions. The quadrant has General Atomics, Northrop Grumman Corporation, and Boeing as Visionary Leaders. 360Quadrants are generated post analysis of companies (product maturity and company maturity). Quadrants will be updated every three months based on market and regional analyses and developments in the Unmanned Aerial Vehicle Quadrant. 360Quadrants also lists the 10 Top Unmanned Aerial Vehiclecompanies. Get Sample PDF (including COVID19 Impact Analysis) of Market Report@ https://www.360quadrants.com/quadrant-report/unmanned-aerial-vehicles/buy- now?reporttype=marketing_license_price CATEGORIZATION OF UNMANNED AERIAL VEHICLE VENDORS ON360QUADRANTS 30+ companies offering Unmanned Aerial Vehicle were analyzed, of which the top 10 Unmanned Aerial Vehicle Leaderswere shortlisted and categorized on a quadrant under Visionary Leaders, Innovators, Dynamic Differentiators, and EmergingLeaders. General Atomics, Northrop Grumman Corporation, and Boeing have been identified as Visionary Leaders, as they have established product portfolios and a robust market presence and business strategy. These players operate in the Unmanned Aerial Vehicle market and offer several UAV products. This, when combined with their robust business strategies, allow them to achieve continuous growth in themarket. Airbus and DJI have been identified as Innovators. They have focused product portfolios and a strong potential to build effective business strategies for their growth to be at par with the Visionary Leaders in the Unmanned Aerial VehicleMarket. Thales and Aerovironment have been recognized as Dynamic Differentiators. They have a robust portfolio of Unmanned Aerial Vehicles and also provide dynamic products across a number of vertical markets. These vendors have constantly been growing in the Unmanned Aerial Vehicle market, and their market positions have improved through organic and inorganicundertakings.

  2. Yuneec, Turkish Aerospace, and Textron have been identified as Emerging Companies. These companies have the potential to hold stronger positions in the market in the future or to be considered as leaders in other product segments; however, they are currently in the initial growth stages in the Unmanned Aerial Vehiclemarket. 360Quadrantsconducts an in-depth SWOT analysis and accurately analyzes the companies considered for evaluation. This helps service providers learn about new opportunities and areas where they lag behind their peers. It also helps clients choose the most appropriate vendors for their requirements. Buy Full Report@ https://www.360quadrants.com/quadrant-report/unmanned-aerial-vehicles/buy- now?reporttype=marketing_license_price The top Unmanned Aerial Vehicle Competitiveevaluation General Atomics (US) is one of the Unmanned Aerial Vehicles Leaders. The company caters to customers in the commercial, defense,and security sectors. It offers Unmanned Aircraft Systems (UAS), Tactical Reconnaissance Radars, and Surveillance Systems. The company is an expert in designing, manufacturing, and integrating Lynx multi-mode radar, highly sophisticated Claw Sensor,and image analysissoftware. June 2020 –General Atomics is creating an Automated Tasking of ISR Platforms by using its Metis Application. July 2019–General Atomics collaborated with Cobham Aviation Services for through-life support for the protector RG MK1 Remotely Piloted Aircraft(RPA). Northrop Grumman Corporation (US) is a global defense and security organization that offers a range of products &solutions in the global information &services, electronics, aerospace, and technical services segments. The company mainly offers C4ISP systems, electronic warfare systems, Air and Missile Defense Integration, and other similar solutions. Its key products in the UAV market include a high-altitude, long-endurance system known as the Global Hawk System, which is used for real-time high-resolution imagery of landmasses for threatawareness. June 2020– Northrop Grumman won a USD 222.5 million contract for upgrading technology of the Defence SupportProgram. June 2020 –Northrop Grumman Corporation partnered with Kitron for the production of Integrated Communications, Navigation and Identification (ICNI) modules for the F-35 Lightning IIprogram. June 2020– Northrop Grumman received a five-year, USD 89.6 million deal to support the US Armyby designing, building, and sustaining their long-range radarsystems.

  3. Buy Global Company Evaluation Report https://www.360quadrants.com/quadrant- report/unmanned-aerial-vehicles/buy-now?reporttype=marketing_license_price • 360QUADRANTS SCORINGMETHODOLOGY • The top companies in the Unmanned Aerial Vehicles Market will be rated using the following methodology: • A highly experienced team of researchers and senior analysts conducts extensive research to generate a list of vendors(competitors). • A patent-pending algorithm is used to collect inputs from key stakeholders—industry experts, buyers,vendors,and360Quadrantsanalysts—basedoncriteriaforProductMaturityand • CompanyMaturity. • Criteria under Product Maturity include breadth and depth of product/service offering, product features and functionalities, product differentiation, and their impact oncustomer • value. • Criteria under Company Maturity include geographical footprint, partner ecosystem, financial stability, and client coverage or sectorfootprint. • Approximately 20+ in-depth parameters will be considered for research into the Unmanned Aerial Vehicle market. These parameters will be updated every six months to ensure the latest developments are taken intoconsideration. • A weight is assigned to each stakeholder based on information gathered pertaining to the above criteria as well as inputs from stakeholders. These inputs follow the order of priority givenbelow: • Buyers • Industry Experts • 360QuadrantsAnalysts • Vendors(Competitors) • The inputs are analyzed, and a final rating is assigned to each vendor(competitor). • After the finalization of ratings, each vendor is placed in the most relevant quadrant based on itsscore. • ABOUT 360QUADRANTS • 360Quadrants is the largest marketplace looking to disrupt USD 6.3 trillion of technology spends and is the only rating platform for vendors in the technology space. The platform provides users access to unbiased information that helps them make qualified business decisions. The platform facilitates deeper insight using direct engagement with 650+ industry experts and analysts and allows buyers to discuss their requirements with 7500 vendors. Companies get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and startups alike. Experts get to grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide. The platform has around 400 total buyers across various markets.

  4. 360Quadrants will also be launching quadrants in fields like Digital Transformation Software, Cloud Computing Software, and Access ControlSoftware.

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