Total sUAS Market to Exceed $8.4 Billion by 2019

The Small Unmanned Arial Systems (sUAS) market will surpass US$8.4 billion by 2018 according to new research published by ABI Research entitled Small Unmanned Aerial Systems (sUAS) Solutions Ecosystem. By 2019 the Commercial sector will dominate the overall sUAS market with revenues exceeding US$5.1 billion (51% 2014 to 2019 CAGR), roughly 5x larger than the Prosumer/Hobby market, and 2.3x greater than the Military/Civil market segment. Moreover, it is application services—industry specific applications, as well as data, operator and modeling services—and not platforms and other hardware technologies, which will be the key driver for the growth of the Commercial sector.

Ongoing research advancements, technological developments, and rapidly dropping prices for increasingly capable enabling technologies, have combined to remove barriers to innovation and commercialization, and spur the development of new sUAS and increase the ways they can be applied. For this study, the sUAS market was not defined by, or limited to, the unmanned aerial system platforms and airframes alone, but also includes other technologies, products and services that are ancillary to, and often necessary for, the use of small unmanned vehicles, along with the many applications enabled by them.

According to Dan Kara, Practice Director, Robotics at ABI Research, “The commercial sector is the sweet spot for the sUAS market, a fact recognised by both traditional defence industry suppliers such as Elbit Technologies, AeroVironment, and Aeryon Labs, as well as providers to the Prosumer/Hobbyist marketplace including DJI, Parrot, SenseFly, 3D Robotics, and others. As a result, both groups of sUAS makers, along with other classes of solution providers, are aggressively targeting the Commercial sector through acquisitions, internal development, partnerships and investment.

Source: Press Release

One comment

  1. There are a plethora of players in the sUAS commercial/civil market. The convenience is that suppliers such that you mention in this article cannot compete with their tremendous overhead and defense, lofty prices.

Leave a Reply

Your email address will not be published. Required fields are marked *