Unmanned Composites Market Analysis and Global Forecast 2021-2034

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Unmanned Composites Market Research Report: Information By Type (Carbon Fiber Reinforced Polymer, Glass Fiber Reinforced Polymer, Aramid Fiber Reinforced Polymer, Boron Fiber Reinforced Polymer), By Application (Interior, Exterior), By Basis of platform (Unmanned Aerial Vehicle, Unmanned Ground Vehicle, Unmanned Surface Vehicle, Others), and by Region — Forecast till 2033

Page: 122

Report Published on: November 3, 2024
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Description

Unmanned Composites Market Overview

The Unmanned Composites Market Size is expected to reach USD 3.24 Billion by 2033. The Unmanned Composites Market industry size accounted for USD 1.24 Billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 8.21% from 2023 to 2033. The Unmanned Composites Market refers to the market for composite materials used in the construction and manufacturing of unmanned systems, such as drones, unmanned aerial vehicles (UAVs), unmanned ground vehicles (UGVs), and unmanned underwater vehicles (UUVs). Composites, which are materials made from two or more constituent elements with different physical or chemical properties, are increasingly used in unmanned systems due to their high strength-to-weight ratio, durability, and resistance to corrosion.

The unmanned composites market is a rapidly growing sector that plays a crucial role in enabling the development and deployment of advanced unmanned systems.

Global Unmanned Composites Market Synopsis

Unmanned Composites MarketUnmanned Composites Market Dynamics

The major factors that have impacted the growth of Unmanned Composites Market are as follows:

Drivers:

Ø  Advancements in Composite Manufacturing Technologies

3D printing and advanced fabrication techniques are improving the production of complex composite componnets allowing for faster, more cost-effective, and customizable solutions in unmanned systems. Automation in composite manufacturing processes is reducing labor costs and enhancing production precision, fueling growth in the unmanned composites market. Unmanned vehicles are becoming increasingly important in sectors such as energy, construction, logistics, and agriculture. These industries require durable and lightweight materials for their unmanned vehicles, contributing to the demand for composites.

Restraint:

  • Perception of High Manufacturing Costs and Time-Consuming Production

Advanced composites like carbon fiber-reinforced polymers (CFRP) are costly to produce, making the initial investment for manufacturing unmanned vehicles higher. This can limit their adoption, especially for cost-sensitive sectors or applications. The manufacturing of composite component often requires skilled labor and complex processes such as hand lay-up or autoclave curing, which can increase production costs. The fabrication of composite materials is often more time-consuming than traditional materials like metals, due to intricate layering and curing processes. This can slow down production timelines, limiting the ability to scale.

Opportunity:

⮚   Expansion of Unmanned Systems in Space Exploration

The growing use of unmanned systems in space exploration, including satellites and robotic spacecraft, presents a unique opportunity for the use of high-performance composites. These materials are critical for reducing weight and increasing fuel efficiency in space missions. Unmanned systems used in military and aerospace operations often operate in challenging conditions, creating demand for materials with high strength and resistance to wear and tear.

Unmanned Composites Market Segment Overview

By Basis of Platform

Based on Basis of Platform, the market has been divided into Unmanned Aerial Vehicle, Unmanned Ground Vehicle, Unmanned Surface Vehicle and Others. The Unmanned Aerial Vehicle (UAV) segment dominant the market. The popularity of UAVs can be attributed to their wide range of applications, from surveillance and reconnaissance to parcel delivery and agricultural monitoring. Their versatility and the ongoing advancements in drone technology have made them a key driver in the unmanned composites market.

By Type

Unmanned Composites Market Type AnalysisBased on Type, the market has been divided into Carbon Fiber Reinforced Polymer, Glass Fiber Reinforced Polymer, Aramid Fiber Reinforced Polymer and Boron Fiber Reinforced Polymer. The carbon fiber reinforced polymer (CFRP composites) segment dominant the market. The demand for lightweight and cost-effective unmanned system component is increasing from (Ems) all over the world. Carbon fiber is a combination of carbon atoms that are aligned parallel to the main axis of the filament, providing durability to the structure and ease of use in all commercial applications. These factors influence the CFRP segment’s growth.

By Applications

Based on Application, the market is segmented based on Interior and Exterior. The Interior segment dominated the market. Furthermore, benefits such as high strength and efficiency offered by unmanned composites are expected to increase demand for unmanned composites for manufacturing interior component and vehicles.

Global Unmanned Composites Market Regional Analysis

Based on region, the global Unmanned Composites Market has been divided into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. North America is projected to dominate the use of the Unmanned Composites Market followed by the Asia-Pacific and Europe regions.

Global Unmanned Composites Market Regional AnalysisGlobal Unmanned Composites North America Market

North America holds a dominant position in the Unmanned Composites Market. North America, particularly the United States, is one of the largest markets for unmanned composites due to substantial investments in the aerospace, defense, and commercial sectors and the U.S. has a robust defense industry with extensive use of unmanned aerial vehicles (UAVs) for military purposes, including surveillance, reconnaissance, and combat missions. The U.S. Department of Defense (DoD) is a major buyer of unmanned systems, driving the demand for advanced composite materials.

Global Unmanned Composites Asia-Pacific Market

The Asia-Pacific region has indeed emerged as the fastest-growing market for the Unmanned Composites Market industry. The Asia-Pacific region is experiencing significant growth in the unmanned composites market, driven by rising defense budgets and increasing demand for UAVs in both military and commercial sectors. China is a major manufacturer of UAVs and is investing heavily in advanced materials like composites to improve performance. India, with its expanding defense sector and rising commercial drone market, is also a key market for unmanned composites.

Competitive Landscape

The global Unmanned Composites Market is highly competitive, with numerous players offering a wide range of software solutions. The competitive landscape is characterized by the presence of established companies, as well as emerging startups and niche players. To

Prominent Players:

  • Gurit
  • Hexcel Corporation
  • Materion Corporation
  • Mitsubishi Rayon
  • Owens Corning
  • Renegade Materials Corporation
  • Solvay
  • Stratasys
  • Teijin Limited
  • Teledyne

Key Development

In August 2023– Toray is committed to achieving sustainable growth as one of the fundamental strategies of its medium-term management program, “Project AP-G 2025,” The aerospace applications of its carbon fiber composite materials business are positioned as products that accelerate climate change countermeasures by this strategy.

In August 2023– Stratasys launched its entry-level J3TM DentaJet 3D printer earlier this year, complementing its more advanced J5TM DentaJet model.

Scope of the Report

Global Unmanned Composites Market, by Application
  • Interior
  • Exterior
Global Unmanned Composites Market, by Basis of Platform
  • Unmanned Aerial Vehicle
  • Unmanned Ground Vehicle
  • Unmanned Surface Vehicle
  • Others
Global Unmanned Composites Market, by Type
  • Carbon Fiber Reinforced Polymer
  • Glass Fiber Reinforced Polymer
  • Aramid Fiber Reinforced Polymer
  • Boron Fiber Reinforced Polymer.
Global Unmanned Composites Market, by Region
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Benelux
    • Nordic
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • Indonesia
    • Austalia
    • Malaysia
    • India
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of Middle East & Africa

 

Parameters Indicators
Market Size 2033: $3.24 Billion
CAGR 8.21% CAGR (2023-2033)
Base year 2022
Forecast Period 2023-2033
Historical Data 2021
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Key Segmentations Application, Basis of Platform, Type
Geographies Covered North America, Europe, Asia-Pacific, Latin America, Middle East, Africa
Key Vendors Gurit, Hexcel Corporation, Materion Corporation, Mitsubishi Rayon, Owens Corning, Renegade Materials Corporation, Solvay, Stratasys, Teijin Limited and Teledyne
Key Market Opportunities • Expansion of Unmanned Systems in Space Exploration
Key Market Drivers • Advancements in Composite Manufacturing Technologies

 

REPORT CONTENT BRIEF:

  • High-level analysis of the current and future Unmanned Composites Market trends and opportunities
  • Detailed analysis of current market drivers, restraining factors, and opportunities in the future
  • Unmanned Composites Market historical market size for the year 2021, and forecast from 2023 to 2033
  • Unmanned Composites Market share analysis at each product level
  • Competitor analysis with detailed insight into its product segment, Government & Defense strength, and strategies adopted.
  • Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations, and partnerships as well as funding taken and investment done, among others.
  • To identify and understand the various factors involved in the global Unmanned Composites Market affected by the pandemic
  • To provide a detailed insight into the major companies operating in the market. The profiling will include the Government & Defense health of the company’s past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.

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Frequently Asked Questions (FAQ)

The global Unmanned Composites Market is growing at a CAGR of 4.58% over the next 10 years

Asia Pacific is expected to register the highest CAGR during 2023-2033

North America holds the largest share in 2022

Gurit, Hexcel Corporation, Materion Corporation, Mitsubishi Rayon, Owens Corning, Renegade Materials Corporation, Solvay, Stratasys, Teijin Limited and Teledyne.  are the major companies operating in the market

Yes, we offer 16 hours of analyst support to solve the queries

Yes, we provide regional as well as country-level reports. Other than this we also provide a sectional report. Please get in contact with our sales representatives

Table of Content

Table of Content

Chapter 1.   Executive Summary

Chapter 2.   Scope Of The Study

                     2.1.   Market Definition

                     2.2.   Scope Of The Study

                               2.2.1.   Objectives of Report

Chapter 3.   Evolve BI Methodology

Chapter 4.   Market Insights and Trends

                     4.1.   Supply/ Value Chain Analysis

                     4.2.   Porter’s Five Forces Analysis

                               4.2.1.   Threat Of New Entrants

                               4.2.2.   Bargaining Power Of Buyers

                               4.2.3.   Bargaining Power Of Suppliers

                               4.2.4.   Threat Of Substitutes

                               4.2.5.   Industry Rivalry

                     4.3.   Impact of COVID-19 on Unmanned Composites Market

                               4.3.1.   Impact on Market Size

                               4.3.2.   End User Trend, Preferences and Budget Impact

                               4.3.3.   Regulatory Framework/Government Policies

                               4.3.4.   Key Players Strategy to Tackle Negative Impact

                               4.3.5.   Opportunity Window

Chapter 5.   Market Dynamics

                     5.1.   Introduction

                     5.2.   DRO Analysis

                               5.2.1.   Drivers

                               5.2.2.   Restraints

                               5.2.3.   Opportunities

Chapter 6.   Global Unmanned Composites Market, By application

                     6.1.   Introduction

                     6.2.   Interior

                     6.3.   Exterior

Chapter 7.   Global Unmanned Composites Market, By basis of platform

                     7.1.   Introduction

                     7.2.   Unmanned Aerial Vehicle

                     7.3.   Unmanned Ground Vehicle

                     7.4.   Unmanned Surface Vehicle

                     7.5.   Others

Chapter 8.   Global Unmanned Composites Market, By Type

                     8.1.   Introduction

                     8.2.   Carbon Fiber Reinforced Polymer

                     8.3.   Glass Fiber Reinforced Polymer

                     8.4.   Aramid Fiber Reinforced Polymer

                     8.5.   Boron Fiber Reinforced Polymer

Chapter 9.   Global Unmanned Composites Market, By Region

                     9.1.   Introduction

                     9.2.   North America

                               9.2.1.   Introduction

                               9.2.2.   Driving Factors, Opportunity Analyzed and Key Trends

                               9.2.3.   Market Size and Forecast, By Country, 2020 - 2028

                               9.2.4.   Market Size and Forecast, By application, 2020 - 2028

                               9.2.5.   Market Size and Forecast, By basis of platform, 2020 – 2028

                               9.2.6.   Market Size and Forecast, By Type, 2020 – 2028

                               9.2.7.   US

                                              9.2.7.1.   Introduction

                                              9.2.7.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.2.7.3.   Market Size and Forecast, By application, 2020 - 2028

                                              9.2.7.4.   Market Size and Forecast, By basis of platform, 2020 – 2028

                                              9.2.7.5.   Market Size and Forecast, By Type, 2020 - 2028

                               9.2.8.   Canada

                                              9.2.8.1.   Introduction

                                              9.2.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.2.8.4.   Market Size and Forecast, By application, 2020 - 2028

                                              9.2.8.5.   Market Size and Forecast, By basis of platform, 2020 – 2028

                                              9.2.8.6.   Market Size and Forecast, By Type, 2020 - 2028

                     9.3.   Europe

                               9.3.1.   Introduction

                               9.3.2.   Driving Factors, Opportunity Analyzed and Key Trends

                               9.3.3.   Market Size and Forecast, By Country, 2020 - 2028

                               9.3.4.   Market Size and Forecast, By application, 2020 - 2028

                               9.3.5.   Market Size and Forecast, By basis of platform, 2020 – 2028

                               9.3.6.   Market Size and Forecast, By Type, 2020 – 2028

                               9.3.7.   Germany

                                              9.3.7.1.   Introduction

                                              9.3.7.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.3.7.3.   Market Size and Forecast, By application, 2020 - 2028

                                              9.3.7.4.   Market Size and Forecast, By basis of platform, 2020 – 2028

                                              9.3.7.5.   Market Size and Forecast, By Type, 2020 - 2028

                               9.3.8.   France

                                              9.3.8.1.   Introduction

                                              9.3.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.3.8.3.   Market Size and Forecast, By application, 2020 - 2028

                                              9.3.8.4.   Market Size and Forecast, By basis of platform, 2020 – 2028

                                              9.3.8.5.   Market Size and Forecast, By Type, 2020 - 2028

                               9.3.9.   UK

                                              9.3.9.1.   Introduction

                                              9.3.9.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.3.9.3.   Market Size and Forecast, By application, 2020 - 2028

                                              9.3.9.4.   Market Size and Forecast, By basis of platform, 2020 – 2028

                                              9.3.9.5.   Market Size and Forecast, By Type, 2020 - 2028

                               9.3.10.   Italy

                                              9.3.10.1.   Introduction

                                              9.3.10.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.3.10.3.   Market Size and Forecast, By application, 2020 - 2028

                                              9.3.10.4.   Market Size and Forecast, By basis of platform, 2020 – 2028

                                              9.3.10.5.   Market Size and Forecast, By Type, 2020 - 2028

                               9.3.11.   Rest Of Europe

                                              9.3.11.1.   Introduction

                                              9.3.11.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.3.11.3.   Market Size and Forecast, By application, 2020 - 2028

                                              9.3.11.4.   Market Size and Forecast, By basis of platform, 2020 – 2028

                                              9.3.11.5.   Market Size and Forecast, By Type, 2020 - 2028

                     9.4.   Asia-Pacific

                               9.4.1.   Introduction

                               9.4.2.   Driving Factors, Opportunity Analyzed and Key Trends

                               9.4.3.   Market Size and Forecast, By Country, 2020 - 2028

                               9.4.4.   Market Size and Forecast, By application, 2020 - 2028

                               9.4.5.   Market Size and Forecast, By basis of platform, 2020 – 2028

                               9.4.7.   Market Size and Forecast, By Type, 2020 - 2028

                               9.4.8.   China

                                              9.4.8.1.   Introduction

                                              9.4.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.4.8.3.   Market Size and Forecast, By application, 2020 - 2028

                                              9.4.8.4.   Market Size and Forecast, By basis of platform, 2020 – 2028

                                              9.4.8.5.   Market Size and Forecast, By Type, 2020 - 2028

                               9.4.9.   India

                                              9.4.9.1.   Introduction

                                              9.4.9.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.4.9.3.   Market Size and Forecast, By application, 2020 - 2028

                                              9.4.9.4.   Market Size and Forecast, By basis of platform, 2020 – 2028

                                              9.4.9.5.   Market Size and Forecast, By Type, 2020 - 2028

                               9.4.10.   Japan

                                              9.4.10.1.   Introduction

                                              9.4.10.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.4.10.3.   Market Size and Forecast, By application, 2020 - 2028

                                              9.4.10.4.   Market Size and Forecast, By basis of platform, 2020 – 2028

                                              9.4.10.5.   Market Size and Forecast, By Type, 2020 - 2028

                               9.4.11.   South Korea

                                              9.4.11.1.   Introduction

                                              9.4.11.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.4.11.3.   Market Size and Forecast, By application, 2020 - 2028

                                              9.4.11.4.   Market Size and Forecast, By basis of platform, 2020 – 2028

                                              9.4.11.5.   Market Size and Forecast, By Type, 2020 - 2028

                               9.4.12.   Rest Of Asia-Pacific

                                              9.4.11.1.   Introduction

                                              9.4.12.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.4.12.3.   Market Size and Forecast, By application, 2020 - 2028

                                              9.4.12.4.   Market Size and Forecast, By basis of platform, 2020 – 2028

                                              9.4.12.5.   Market Size and Forecast, By Type, 2020 - 2028

                     9.5.   Rest Of The World (RoW)

                               9.5.1.   Introduction

                               9.5.2.   Driving Factors, Opportunity Analyzed and Key Trends

                               9.5.3.   Market Size and Forecast, By application, 2020 - 2028

                               9.5.4.   Market Size and Forecast, By basis of platform, 2020 – 2028

                               9.5.5.   Market Size and Forecast, By Type, 2020 - 2028

                               9.5.6.   Market Size and Forecast, By Region, 2020 - 2028

                               9.5.7.   South America

                                              9.5.7.1.   Introduction

                                              9.5.7.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.5.7.3.   Market Size and Forecast, By application, 2020 - 2028

                                              9.5.7.4.   Market Size and Forecast, By basis of platform, 2020 – 2028

                                              9.5.7.5.   Market Size and Forecast, By Type, 2020 - 2028

                               9.5.8.   Middle East & Africa

                                              9.5.8.1.   Introduction

                                              9.5.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.5.8.3.   Market Size and Forecast, By application, 2020 - 2028

                                              9.5.8.4.   Market Size and Forecast, By basis of platform, 2020 – 2028

                                              9.5.8.5.   Market Size and Forecast, By Type, 2020 - 2028

Chapter 10.   Competitive Landscape

                     10.1.   Introduction

                     10.2.   Vendor Share Analysis, 2020/Key Players Positioning 2020

Chapter 11.   Company Profiles

                     11.1.   Gurit

                               11.1.1.   Business Overview

                               11.1.2.   Financial Analysis

                               11.1.3.   Product Portfolio

                               11.1.4.   Recent Development and Strategies Adopted

                               11.1.5.   SWOT Analysis

                     11.2.   Hexcel Corporation

                               11.2.1.   Business Overview

                               11.2.2.   Financial Analysis

                               11.2.3.   Product Portfolio

                               11.2.4.   Recent Development and Strategies Adopted

                               11.2.5.   SWOT Analysis

                     11.3.   Materion Corporation

                               11.3.1.   Business Overview

                               11.3.2.   Financial Analysis

                               11.3.3.   Product Portfolio

                               11.3.4.   Recent Development and Strategies Adopted

                               11.3.5.   SWOT Analysis

                     11.4.   Mitsubishi Rayon

                               11.4.1.   Business Overview

                               11.4.2.   Financial Analysis

                               11.4.3.   Product Portfolio

                               11.4.4.   Recent Development and Strategies Adopted

                               11.4.5.   SWOT Analysis

                     11.5.   Owens Corning

                               11.5.1.   Business Overview

                               11.5.2.   Financial Analysis

                               11.5.3.   Product Portfolio

                               11.5.4.   Recent Development and Strategies Adopted

                               11.5.5.   SWOT Analysis

                     11.6.   Renegade Materials Corporation

                               11.6.1.   Business Overview

                               11.6.2.   Financial Analysis

                               11.6.3.   Product Portfolio

                               11.6.4.   Recent Development and Strategies Adopted

                               11.6.5.   SWOT Analysis

                     11.7.   Solvay

                               11.7.1.   Business Overview

                               11.7.2.   Financial Analysis

                               11.7.3.   Product Portfolio

                               11.7.4.   Recent Development and Strategies Adopted

                               11.7.5.   SWOT Analysis

                     11.8.   Stratasys

                               11.8.1.   Business Overview

                               11.8.2.   Financial Analysis

                               11.8.3.   Product Portfolio

                               11.8.4.   Recent Development and Strategies Adopted

                               11.8.5.   SWOT Analysis

                     11.9.   Teijin Limited

                               11.9.1.   Business Overview

                               11.9.2.   Financial Analysis

                               11.9.3.   Product Portfolio

                               11.9.4.   Recent Development and Strategies Adopted

                               11.9.5.   SWOT Analysis

                     11.10.   Teledyne

                               11.10.1.   Business Overview

                               11.10.2.   Financial Analysis

                               11.10.3.   Product Portfolio

                               11.9.4.   Recent Development and Strategies Adopted

                               11.9.5.   SWOT Analysis

 

Chapter 12.   Key Takeaways

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Satellite Services Market Analysis and Global Forecast (2023-2033) with COVID Impact Analysis

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Satellite Services Market Research Report: Information By Product Type (Consumer Services, Fixed Satellite Services, Fixed Satellite Services, Remote Sensing, Others), By End User (Media & Entertainment, Government, Aviation, Defense, Others), and by Region — Forecast till 2033 Report Code: EB_A&D_437| Page: 162| Published Date: upcoming
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