Market Overview

The Asia-Pacific unmanned aircraft systems market is expected to register a 16.49% CAGR during the forecast period from 2021 to 2028. In 2020, the market was led by China with a 28.07% share, followed by Japan and India with shares of 20.44% and 13.35%, respectively. The growth of the Asia-Pacific unmanned aircraft systems market is expected to be primarily driven by the growing use of UAVs for countering terrorism.

However, the factors such as limited flight range & endurance are expected to restrict the market growth in the regional market. On the other hand, the usage of UAVs in the energy sector poses lucrative opportunities for the Asia-Pacific unmanned aircraft systems market.

Several companies are currently exploring the usage of unmanned aircraft systems (UAS) for commercial and military purposes. UAS with cameras is being deployed to inspect oil rigs, monitor agriculture fields and mines, and check on telecom towers. Furthermore, companies such as Uber and Amazon are planning to use UAS to improve their market position in the transportation and eCommerce industry, respectively.

As UAS adoption accelerates, the value will quickly shift from UAS makers to the providers of UAS-related services. This would significantly boost market growth across the globe.

Market Segmentation

The Asia-Pacific unmanned aircraft systems market has been segmented based on type, capacity, component, application, and country.

• Based on type, the rotary wing segment accounted for the largest share with 77.22% of the Asia-Pacific unmanned aircraft systems market in 2020.
• Based on capacity, the up to 100 kg segment accounted for the largest share of 68.15% of the Asia-Pacific unmanned aircraft systems market in 2020.
• Based on components, the airframe segment accounted for the largest share of 33.61% of the Asia-Pacific unmanned aircraft systems market in 2020.
• Based on application, the military segment accounted for the largest share of 64.98% of the Asia-Pacific unmanned aircraft systems market in 2020.

Regional analysis

The Asia-Pacific unmanned aircraft systems market has been segmented into China, Japan, India, Australia, South Korea, Indonesia, Singapore, and the rest of Asia-Pacific. China accounted for the largest market share in 2020, owing to the rapid growth in civil unmanned aircraft systems, specifically in the lightweight segment.

Moreover, the development of unmanned aircraft systems in the country is propelled by the concerted efforts made by the government towards the international standardization of their domestically-manufactured drones and the commercialization of drones. Other countries in the region, such as India, Australia, Singapore, and Indonesia, are also expected to grow significantly in the coming years during the forecast period.

The region has witnessed continuous adoption of unmanned aircraft systems for various applications across several industries, such as agriculture, construction, mining, and delivery services.

With increased focus on regulations for unmanned aircraft system operations, standardization of unmanned aircraft systems, and growing demand for Beyond Visual Line of Sight (BVLOS) unmanned aircraft systems, the Asia-Pacific market is forecasted to register significant growth in the future.

Major Players

The key players of Asia-Pacific unmanned aircraft systems market are 3DR, AeroVironment, Delair, DJI, Parrot, and Thales Group.

The post Asia-Pacific Unmanned Aircraft Systems Market Research Report Forecast to 2028 first appeared on CRI Report.