London, UK -- (SBWIRE) -- 10/17/2022 -- The latest publication by GlobalData Plc titled Drones (Unmanned Aircraft Vehicles) for Maritime Operation – Thematic Research predicts the military UAV market is anticipated to grow at a CAGR of over 7% during 2021-2031. The military UAV market size was valued at USD 8 billion in 2021. The demand for UAVs is expected to be driven by internal and external security threats, territorial disputes, and modernization initiatives undertaken by armed forces across the world. Countries across the globe are therefore investing in the procurement, research, and development of UAVs.

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The naval domain has been witnessing the deployment of drones at a proliferated rate. The UAVs are becoming a standard tool with a low-cost means of conducting intelligence, surveillance, and reconnaissance missions. UAVs like manned aircraft can be used from onboard naval platforms including naval vessels and submarines or land. Countries across the globe are therefore investing in the procurement, research, and development of UAVs. The UK Armed are seeking innovative and cost-effective UAV solutions to enhance their logistic end maritime operation capabilities. In September 2021 at the DSEI in London, Malloy's showcased their T-650 all-electric heavy lift unmanned aerial system (UAS) with a sting ray lightweight torpedo attached to its frame. BAE Systems and Malloy Aeronautics plan to explore developing their UAV for military, security, and civilian customers.

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Drone Applications for Maritime Operations

UAVs can be used for multi-mission according to their design purpose.
- Intelligence, Surveillance, and Reconnaissance (ISR)
- Mine Counter Measure (MCM)
- Anti-Submarine Warfare (ASW)
- Anti-Surface Warfare (ASUW)
- Homeland security
- Support
- Electronic Warfare (EW)
- CBRNE
- Search and Rescue (SAR)

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Key Drone for Maritime Operation Trends

The main trends in the drones for maritime operation theme over the next 12 to 24 months are shown below. These trends can be classified into three categories:

Defense and technology trends
- Scalability
- 3D printing
- Processor chips
- Artificial Intelligence
- Maritime swarm technologies
- 3D technology
- Battery technology
- Anti-collision technology
- Unmanned aircraft system traffic management (UTM)
- Drone delivery

Macroeconomic trends
- Defense
- Collaboration
- Economic risk

Regulatory trends
- Europe USpace Program
- US FAA regulation

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Key Drone for Maritime Operation Segments
- High Altitude Long Endurance (HALE) UAVs
- Medium Altitude Long Endurance (MALE) UAVs
- Tactical UAVs (TUAVS)
- Mini UAVs
- Vertical Take-Off and Landing (VTOL) UAVs
- Unmanned Combat Aerial Vehicles (UCAVs)

The demand for UAVs is expected to be driven by internal and external security threats, territorial disputes, and modernization initiatives undertaken by Armed Forces across the world. In terms of segments, UCAVs are expected to account for the largest share of expenditure globally, with a market share of over 38% followed by the MALE segment with a share of over 27%.

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Drones Market Value Chain Highlights

Sector Layer
- Government
- Civilian

Market Layer
- Military
- Homeland security
- Commercial
- Consumer

Component Layer
- Hardware
- Software
- Services

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Key Drones for Maritime Operation Companies

The thematic study identifies listed companies and private companies that are making their mark within the drones for maritime operation theme.

- AeroVironment
- Airbus
- Boeing (Insitu)
- DJI
- Elbit Systems
- General Atomics
- IAI
- Kronstadt
- Lockheed Martin
- Leonardo
- Northrop Grumman
- Schiebel
- Ural Civil Aviation Plant (UZGA)

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About GlobalData
GlobalData is a leading provider of data, analytics, and insights on the world's largest industries. As a leading information services company, thousands of clients rely on GlobalData for trusted, timely, and actionable intelligence. Our mission is to help our clientele ranging from professionals within corporations, financial institutions, professional services, and government agencies to decode the future and profit from faster, more informed decisions. Continuously enriching 50+ terabytes of unique data and leveraging the collective expertise of over 2,000 in-house industry analysts, data scientists, and journalists, as well as a global community of industry professionals, we aim to provide decision-makers with timely, actionable insights.

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