The unmanned aerial vehicle market is expected to witness a strong compounded annual growth which is primarily driven by the rising adoption of UAVs in civil and commercial applications, increasing deployment of UAVs in border patrolling and combating terrorism, and exemptions made by the regulatory authorities around the globe to permit the use of UAVs in several industries.
The overall Unmanned Aerial Vehicle (UAV) Market is expected to reach $21.8 billion by 2027, at a CAGR of 14.1% during the forecast period of 2020 to 2027
Here are the top 10 companies operating in Unmanned Aerial Vehicle Market–
Founded in 1955, General Atomics offers products in various categories like power reactor systems, electromagnetic systems, unmanned aerial vehicles, airborne sensors, nuclear instrumentation, aircraft platforms, and ground control stations as well as provides information technology services.
The Company has its geographic presence in North America. Some of the major subsidiaries of General Atomics are General Atomics Aeronautical Systems (U.S), General Atomics Systems Integration (U.S), Diazyme Laboratories, Inc. (U.S), ConverDyn (U.S), Cotter Corporation (U.S), and others.
Northrop Grumman Corporation
Northrop Grumman Corporation offers products in various categories such as military aircraft & unmanned aerial vehicles, military vessels, missiles & missile defense systems, autocannons, chain guns & munitions, satellites & space, information technology, electronic sensors and systems, and rocket launch systems. The Company operates through four business segments, namely, Aerospace Systems, Innovation Systems, Mission Systems, and Technology Services.
The Company has its geographic presence in North America, Europe, Asia-Pacific, and the Middle East and Africa and Rest of World. Some of the major subsidiaries of Northrop Grumman Corporation are Northrop Grumman Innovation Systems (U.S), Northrop Grumman Federal Credit Union (U.S), Scaled Composites (U.S.), Litton Industries (U.S.), Northrop Grumman Mission Systems, Inc. (U.S), and others.
The Boeing Company
The Boeing Company designs, manufacture, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The Company also provides leasing and product support services. The Company offers products in various categories such as commercial aircraft, military aircraft, satellites, space vehicles, and launchers. The Company operates through four business segments, namely, Commercial Airplanes, Defense, Space & Security, Global Services, and Boeing Capital. The Company operates in an unmanned aerial vehicle market through its Defense, Space & Security segment.
With all its subsidiaries, the Company has its geographic presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
BAE Systems plc
BAE Systems plc develops, delivers, and supports advanced defense and aerospace systems. The group manufactures military aircraft, surface ships, submarines, radar, avionics, communications, electronics, and guided weapon systems. The Company operates through six business segments, namely, Electronic Systems, Cyber & Intelligence, Platforms & Services (US), Air, Maritime, and HQ. The Company operates in unmanned aerial vehicle market through its Air segment.
The Company has its geographic presence in North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. Some of the major subsidiaries of BAE Systems plc are BAE Systems Inc.(U.S.), BAE Systems Australia Limited (Australia), and BAE Systems Applied Intelligence (U.K.).
Israel Aerospace Industries Ltd.
Israel Aerospace Industries Ltd. (IAI) is a government owned corporation. The Company is specializing in developing and manufacturing advanced state-of-the-art systems for air, space, sea, land, cyber, and homeland security. The Company provides advanced technology solutions to government and commercial customers worldwide including satellites, missiles, weapon systems and munitions, unmanned and robotic systems, radars, C4ISR, and more. The Company operates through four business segments, namely, ELTA Systems, Aviation Group, Military Aircraft, and Systems Missiles & Space. The MALAT group is engaged in providing UAV commercial solution for precision agriculture, oil & gas, and first response.
The Company has its geographic presence across the North America, Europe, Asia-Pacific, Middle East and Africa and rest of world. Some of the major subsidiaries of IAI are ELTA Systems Ltd. (Israel), TSG IT Advanced Systems Ltd. (TSG) (Israel), TAMAM Division (Israel), IAI North America Inc. (U.S.), Bedek Aviation Group (Israel) and others.
“Meticulous Research in its latest publication on global Unmanned Aerial Vehicle (UAV) Market has predicted thegrowth of 14.1%during the forecast year 2020-2027“
Lockheed Martin Corporation
Lockheed Martin Corporation is a global security and aerospace company primarily involved in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products, and services. It also provides a wide range of services including management, engineering, technological, science, logistics, system integration, and cybersecurity. The Company operates through four business segments, namely Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space.
The Company has its geographic presence in North America, Europe, Asia-Pacific, and the Middle East and Africa and other countries. Some of the major subsidiaries of Lockheed Martin Corporation are Sikorsky Aircraft (U.S.), Skunk Works (U.S.), United Space Alliance (U.S.), PZL Mielec (Poland), KAPL, Inc. (U.S.), and others.
Raytheon Technologies Corporation researches, develops, and manufactures advanced technology products in the aerospace and defense industry, including aircraft engines, avionics, aero structures, cyber security, missiles, air defense systems, and UAVs. The Company operates through five business segments, namely, Integrated Defense Systems, Intelligence, Information and Services, Missile Systems, Space and Airborne Systems, and Force point.
The Company has its geographic presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Some of the major subsidiaries of Raytheon Technologies Corporation are Collins Aerospace (U.S), Pratt & Whitney (U.S), Raytheon Intelligence & Space (U.S), and Raytheon Missiles & Defense (U.S).
Textron Inc. is one of the world’s best-known multi-industry companies, recognized for its powerful brands such as Bell, Cessna, Beechcraft, E-Z-GO, Arctic Cat, and many more. The Company offers products in various categories such as aviation, defense, and industrial. The Company operates through five business segments, namely Textron Aviation, Bell, Textron Systems, Industrial, and Finance. The Company operates in the unmanned aerial vehicle market through its Textron aviation segment.
The Company has its geographic presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Some of the major subsidiaries Textron Inc. are Arctic Cat (U.S), Bell Textron Inc. (U.S.), Textron Aviation Inc. (U.S.), and Lycoming Engine (U.S.).
Elbit Systems Ltd.
Elbit Systems Ltd. offers products in various categories such as military aircraft and helicopter systems, training & simulation, electro-optics systems, communication systems, intelligence surveillance, and reconnaissance, homeland security systems, helmet-mounted systems, commercial aviation, land systems, artillery systems, naval systems, UAS, aero structures, artillery systems, EW and SIGINT. The Company operates through five business segments, namely, Airborne Systems, C4isr Systems, Land Systems, Electro-Optic Systems, and Other (mainly non-defense engineering and production services).
The Company has its geographic presence in North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. Some of the major subsidiaries of Elbit Systems Ltd are Elbit Systems of America, LLC (U.S), Elbit Systems Electro-Optics ELOP Ltd. (Israel), Elbit Systems Land and C4I (Israel), and Elbit Systems EW and SIGINT – Elisra Ltd. (Israel).
Turkish Aerospace Industries
Founded in 2005, and headquartered at Ankara, Turkey; Turkish Aerospace Industries manufactures fixed and rotary-wing aircraft. The Company produces military and civilian aircraft and aerospace components. Turkish Aerospace also offers maintenance, repair, and overhaul services.
Popular Mentions: AeroVironment, Inc. (U.S.), Parrot S.A.(France), Microdrones GmbH (Germany), PrecisionHawk Inc. (U.S.), SZ DJI Technology Co., Ltd (China), 3D Robotics (U.S.), Aeronautics (Israel), Saab AB (Sweden), EHang (china), Yuneec (China), and Primoco UAV SE (Czech Republic)
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The drones that Russia has been deploying, Ukrainian and U.S. officials say, are manufactured in Iran, where they are known as Shahed-136s. They are designed to strike specific targets with explosives that can be delivered at distances of up to 1,500 miles.Which is the best drone company in the world? ›
- DJI: DJI is the global leader in manufacturing innovative drone and camera technology for commercial and recreational use. ...
- Parrot: Parrot is a leading European group in the fast-growing industry of drones. ...
- Skydio: Skydio is the leading drone manufacturer in the US and the world leader in autonomous flight.
Tactical Advanced Platform for Aerial Surveillance Beyond Horizon-201 (TAPAS BH-201) is the first made-in-India MALE drone that will be commissioned into the three services.What is the largest UAV? ›
The RQ-4 Global Hawk is the largest military UAV. Having a wingspan of just over 130 feet, a length of 47.6 feet, and a total weight of 14,950 pounds, this UAV has tons to offer.Where is Ukraine getting its drones? ›
The United States has supplied Ukraine with its Switchblade drones, a type of exploding drone. Ukraine has also deployed Turkish-made Bayraktar TB2 drones — larger, longer-range craft that surveil the battlefield and fire guided missiles.How many UAV does Russia have? ›
Russia, which has 1,500 to 2,000 military surveillance UAVs, has relatively few attack drones of the type that can precisely strike targets deep inside enemy territory.Who Is Biggest drone company? ›
Skydio is the leading U.S. drone manufacturer and world leader in autonomous flight technology. Skydio leverages breakthrough AI technology to create the world's most intelligent flying machines for consumers, enterprises, defense and civilian agencies.Who are the leaders in drone technology? ›
- DJI. DJI has been ruling the commercial drones industry for the longest time now. ...
- Parrot. Parrot is one of the early birds in the drone market. ...
The DRDO Rustom (English: Warrior) is a Medium Altitude Long Endurance unmanned air vehicle (UAV) being developed by Defence Research and Development Organisation for the three services, Indian Army, Indian Navy and the Indian Air Force of the Indian Armed Forces.How many UAV Pakistan have? ›
The country has at least two medium-altitude long-endurance (MALE) UAVs under development – i.e., the National Engineering and Scientific Commission (NESCOM) Shahpar-2 and unnamed Pakistan Aeronautical Complex (PAC) drone – and active contracts for Chinese CH-4s.
Drone manufacturer Garuda Aerospace is all set to provide expertise to the Indian Army for carrying out special missions by detecting, deterring, and disrupting transnational organized criminal networks. 1/5 You still can't fly drones in India.Which country has most drones? ›
The Primoco UAV is a civilian unmanned aerial vehicle capable of flying autonomously using programmed flight plans. The aircraft has unique features including its size, 10 hour endurance, 1,500 km range and fully automatic takeoff and landing.What is the fastest drone in the world? ›
According to the Guinness World Book of Records, the fastest drone in the world is the DRL Racer X. The quad can move faster than a Tesla at top speed.How many Bayraktar drones has Ukraine lost? ›
The Ukrainian military reportedly started the war with just 30 of these drones and have lost only 8 in combat.How much does a Ukrainian drone cost? ›
While single-use drones such as the Switchblade and Phoenix Ghost cost several thousand dollars each, the TB2 drones can cost somewhere between $1-2 million each.How many tanks has Russia lost Ukraine? ›
The same independent verification exists for most of the other Ukrainian claims. Recently, the Pentagon acknowledged that the Russian military has lost thousands of combat vehicles of all types, including over 1,000 tanks, and dozens of fighter jets and helicopters.Who is supplying Russia with drones? ›
Iran is reportedly supplying Russia with medium-range missiles, as well as the Iranian Shahed drones that are now being seen attacking Ukrainian targets.Does Ukraine have drone weapons? ›
What other drones do Ukraine and Russia have? Ukraine's main military drone is the Turkish-made Bayraktar TB2. It is about the size of a small plane, has cameras on board, and can be armed with laser-guided bombs.How good are Iran drones? ›
The drones have a reported range of up to 1,500 miles, meaning they can be launched far from the front. But they are also slow-moving, noisy and fly at a low altitude. Britain's Ministry of Defense said last week that those characteristics make them “easy to target using conventional air defenses.”
- Parrot SA (PAOTF)
- EHang Holdings Ltd. (EH)
- Kratos Defense & Security Solutions Inc. (KTOS)
- AeroVironment Inc. (AVAV)
- Joby Aviation Inc. (JOBY)
- Northrop Grumman Corp. (NOC)
- Lockheed Martin Corp. (LMT)
- Delair UX11 Professional Drone.
- Boeing Insitu ScanEagle.
- Skydio 2 Drone.
- Autel Robotics EVO 2 Pro Drone.
- Kespry Drone 2.
- Yuneec Typhoon H Pro.
- Parrot Anafi Drone.
- DJI Air 2S.
FAQs on Drone Stocks
Infosys, Info Edge, DCM Shriram Industries, Zen Technologies and RattanIndia Enterprises, among others, are some of the popular listed companies in India that have invested in the drone space. For more, check out Equitymaster's stock screener for filtering the best drone stocks in India.
Who Is DJI Biggest Competitor? DJI has various big competitors, including PowerVision Technology Group, Skycatch, DroneDeploy, and 3D Robotics. Each brand offers its own unique products with unique features that suit different types of users better.Who manufactures UAV? ›
Biggest companies in the Unmanned Aerial Vehicle (UAV) Manufacturing industry in the US. IBIS World covers 5 companies in the Unmanned Aerial Vehicle (UAV) Manufacturing industry, including General Atomics, Northrop Grumman Corp, Textron Inc., Aerovironment, Inc. and Boeing Co.How can I invest in drone technology? ›
- Zen Tech.
- Paras Defense.
- DCM Shriram.
- RattanIndia Enterprises.
Headquartered in Shenzhen, widely considered China's Silicon Valley, DJI benefits from direct access to the suppliers, raw materials, and young, creative talent pool necessary for sustained success. Drawing on these resources, we have grown from a single small office in 2006 to a global workforce.Is DJI The largest drone company? ›
DJI continues to be the undisputed leader of commercial drone manufacturers in 2021, with an estimated global market share between 70%-80%. Others, however, are more niche suppliers, providing professional solutions to industries like energy and construction.What kind of drones are the Ukrainians using? ›
The US said it is sending Ukraine 700 Switchblade drones, which are also kamikaze drones. Russia also uses the "smaller, more basic" Orlan-10, which have cameras and can carry small bombs.
Before Russia's invasion in February, Ukraine's military bought Turkish-made Bayraktar TB2 drones, the most lethal pilotless craft in the country's arsenal.What drones are Ukraine using to drop grenades? ›
One recent modification to some quad- and octocopter UAVs—including the signature R-18 flown by Aerorozvidka, Ukraine's volunteer drone air force—allows them to carry as many two-pound grenades as their payload allows.How much does Bayraktar drone cost? ›
Baykar has not stated a price, but has republished on its website several news reports about crowdfunding campaigns launched in 2022 in Europe to buy Bayraktar UAVs for Ukraine, all of them fixing a goal of around US$5-5.5 million for the unit.How many tanks has Russia lost Ukraine? ›
The same independent verification exists for most of the other Ukrainian claims. Recently, the Pentagon acknowledged that the Russian military has lost thousands of combat vehicles of all types, including over 1,000 tanks, and dozens of fighter jets and helicopters.How many drone Ukraine have? ›
One expert has estimated that Ukraine is operating as many as 6,000 reconnaissance drones on the battlefield.Does Russia have drones in Ukraine? ›
Russia has used the drones to strike on the battlefield and in Ukrainian cities. Their use may be a sign that Moscow is running low on precision-guided weapons.What drones is Russia using? ›
President Volodymyr Zelensky said that Russia ordered over 2,400 of these drones. Experts said that most of them are Shahed-136 models, but others appear to have been supplied as well. These include Mohajer-6 attack drones that carry separate payloads like the Turkish Bayraktar TB2 drones.Is Ukraine using drones to fight Russia? ›
With the war in Ukraine predominantly an artillery battle, drones gather vital intelligence, allowing a unit to pinpoint enemy positions and assets. The location of any target is then passed to artillery units. Ukrainian forces work with drones as their counteroffensive against Russia continues.Why does Ukraine need drones? ›
These would provide Ukrainian troops with effective point and manoeuvre defence capabilities against loitering munitions along Ukrainian frontlines.How many Russian tanks remain? ›
The Military Balance 2021 database says Russian storage facilities have around 10,200 tanks, including various T-72s, 3,000 T-80s, and 200 T-90s.
According to the Military Balance 2021, quoted in Kyiv Independent, Russia has over 10,000 battle tanks in storage, mainly T-72s and T-80s.Can a drone drop a bomb? ›
As of 2022, the Ukrainian enterprise Ukroboronprom and NGO group Aerorozvidka have built strike-capable drones and used them in combat. Drone attacks can be conducted by commercial UCAVs dropping bombs, firing a missile, or crashing into a target.What country has the most advanced drones? ›
10 Most Advanced Military Drones in the World - YouTubeWhy is the TB2 so good? ›
The TB2 is well suited for a war of attrition because it is inexpensive and, despite high rates of attrition in the conflicts where Russian SAMs are deployed, its producers have been able to rapidly make more, and Ukraine has been able to procure more to continue combat operations.Who invented Bayraktar? ›
|Role||Unmanned aerial vehicle|