Global UAV Market, By Type, 2018-2030 (USD Million)

Year FIXED-WING ROTORY-WING
2018 $ 3612.0 $ 13993.5
2019 $ 4227.0 $ 15765.1
2020 $ 4209.7 $ 15059.0
2021 $ 4832.4 $ 16712.9
2022 $ 5707.4 $ 19062.1
2023 $ 6573.7 $ 21227.8
2024 $ 7427.6 $ 23206.0
2025 $ 8362.0 $ 25303.5
2026 $ 9535.1 $ 27962.5
2027 $ 10593.5 $ 30136.1
2028 $ 12060.8 $ 33300.8
2029 $ 13115.5 $ 35178.2
2030 $ 14479.9 $ 37745.8
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Global UAV Market, By Type, 2018-2030 (USD Million)

Synopsis
The above chart is Global UAV Market, By Type, 2018-2030 (USD Million)

Market Dynamics

the global uav market is experiencing tremendous growth owing to the increasing use of these unmanned aerial vehicles in various industries and sectors. these uavs or drones have become an integral part of modern-day operations, with their diverse capabilities and applications. they come in various types, each with its unique features and functionalities, catering to specific needs and requirements. let's take a closer look at the various types of uavs dominating the global market today. firstly, we have the fixed-wing uavs, which are designed to resemble an airplane with wings and a fixed structure. these uavs are highly preferred for long-range operations, as they offer better flight endurance and stability compared to other types. they are primarily used for military and defense applications, such as surveillance, reconnaissance, and intelligence gathering. however, they are also finding applications in other industries, such as agriculture, disaster management, and environmental monitoring. next up, we have the multi-rotor uavs, which are the most commonly used type of drone. they are easy to operate and can hover in place, making them ideal for capturing high-quality images and videos. their maneuverability and flexibility have made them popular in sectors like filmmaking, photography, and event coverage. they are also being used for rescue and search operations, as well as for delivery and transportation purposes. the third type is the single-rotor uavs, which have a similar design to helicopters, with a single main rotor and a tail rotor. these uavs are known for their high payload capacity and are used primarily in the military for cargo transport, surveillance, and reconnaissance. they are also used in the agriculture sector for crop spraying and in the oil and gas industry for pipeline and infrastructure inspection. lastly, we have the hybrid uavs, which combine the features of both fixed-wing and multi-rotor uavs. they are capable of vertical take-off and landing, like multi-rotor drones, while also having the endurance and payload capacity of fixed-wing uavs. hybrid uavs are being increasingly used for mapping, surveying, and monitoring applications in industries like construction, mining, and oil and gas. in conclusion, the global uav market is witnessing a rise in demand for all types of uavs, as they continue to offer innovative solutions and contribute to various industries and sectors. with the ongoing advancements in technology, we can expect to see even more variations and improvements in the types of uavs available in the market.

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