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UAV Market size is set to grow by USD 20.40 billion from 2024-2028, Increasing defense spending on unmanned technologies boost the market, Technavio

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NEW YORK, May 30, 2024 /PRNewswire/ — The global UAV market  size is estimated to grow by USD 20.40 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 9.96%  during the forecast period. 

For more insights on the forecast market size and historic data (2018 – 2022) – Download a Sample Report

Segment Overview 

Application 1.1 Defense and homeland security1.2 Commercial and civilType 2.1 Rotary wing2.2 Fixed wing2.3 HybridGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Defense and homeland security-  The UAV market has experienced significant growth due to advancements in microelectronic components and other technologies in the aerospace industry. MALE UAVs, such as the Predator and Reaper, have become essential tools for ISR missions, offering superior performance and long range capabilities.

Emerging countries are upgrading their UAV arsenals to maintain aerial dominance. Defense budget cuts have led to the procurement of mini-UAVs, creating opportunities for subcomponent providers to offer efficient solutions to UAV manufacturers. Technavio anticipates that technological advances will drive the defense and homeland security segment of the global UAV market.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

UAV Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 9.96%

Market growth 2024-2028

USD 20.40 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

9.6

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 45%

Key countries

US, Canada, China, Australia, and India

Key companies profiled

AeroVironment Inc., BAE Systems Plc, DELAIR SAS, Draganfly Inc., Dynamatic Technologies Ltd., Elbit Systems Ltd., Field Group AS, General Atomics, Israel Aerospace Industries Ltd., Leonardo S.p.A., Lockheed Martin Corp., Northrop Grumman Corp., Parrot Drones SAS, Rafael Advanced Defense Systems Ltd., Raytheon Technologies Corp., SZ DJI Technology Co. Ltd., Textron Inc., Thales Group, The Boeing Co., and Turkish Aerospace Industries Inc.

Market Driver

UAV manufacturers are exploring alternative propulsion technologies to reduce their reliance on fossil fuels. Hydrogen fuel cells have gained popularity due to their superior power-to-weight ratio and longer flight duration in mid-to large-scale UAVs. Chinese company MicroMultiCopter Aero Technology launched a hydrogen-fuel UAV named HyDrone, capable of flying for 4 hours continuously.

Solar power is another alternative, and manufacturers are investing in R&D to increase its efficiency for UAVs. These advancements are expected to expand the capabilities of the UAV market. 

The UAV market is experiencing significant growth with increasing demand for drones in various sectors. Systems with advanced capabilities such as high definition cameras, long flight duration, and increased payload capacity are trending. The construction industry utilizes UAVs for surveying and inspecting sites, while agriculture uses them for crop monitoring and spraying.

Security and defense sectors also rely on UAVs for surveillance and reconnaissance. Unmanned aerial vehicles are also used in media and entertainment for filming and photography. Vehlance Systems offers innovative UAV solutions with vectoring technology, providing control and maneuverability in tight spaces. 

Market Challenges

•         The UAV market faces challenges due to spectrum congestion caused by the increasing number of wireless devices and data-intensive military applications. The shortage of bandwidth for UAV communications can disrupt mission-critical information transmission. Interference from friendly or enemy sources is also a concern.

•         Operating UAVs in civil airspace and maintaining communication with foreign ATC systems adds complexity. Payload design for small UAVs, using custom SFF designs, can be costly. Spectrum management and payload design are crucial for UAV manufacturing and operations growth.

•         The Unmanned Aerial Vehicles (UAV) market faces several challenges. Logistics and consignment are key areas of concern, requiring efficient and reliable delivery systems. The use of UAVs for inventory management and supply chain optimization is increasing, but ensuring their safe and secure operation is a challenge. Regulations and compliance are also major hurdles, with various countries having different rules and regulations.

•         The cost of producing and maintaining UAVs is another challenge, as is the need for advanced technology and capabilities to meet the demands of various industries. Additionally, ensuring the privacy and security of data transmitted by UAVs is a significant challenge. Overall, the UAV market presents numerous opportunities, but addressing these challenges is essential for success.

Research report provides comprehensive data on impact of trend, driver and challenges – Request a sample report!

Research Analysis

The UAV market, encompassing drones and unmanned aerial vehicles (UAVs), continues to experience significant growth in various sectors, including defense and military, logistics, construction, agriculture, and commercial applications. Capabilities such as high-resolution sensors, advanced navigation systems, and innovative hardware components, including cameras, are driving the expansion of this industry.

The defense sector, in particular, is investing heavily in UAVs for surveillance, tactical operations, and logistical support. Commercial applications, such as delivery services and inspection, are also experiencing increased adoption due to their efficiency and cost-effectiveness. Regulations regarding the use of UAVs are evolving to accommodate this growth, ensuring safe and responsible integration into our airspace. Overall, the UAV market is poised for continued expansion, with new capabilities and applications emerging regularly.

Market Research Overview

The UAV market encompasses the design, development, production, and integration of unmanned aerial vehicles, also known as drones. These systems consist of various components such as sensors, vectors, systems, cameras, logistics, and communications. UAVs are utilized in various sectors including agriculture, construction, defense, delivery, mapping, and surveillance.

The technology behind UAVs is constantly evolving, with advancements in vehicle design, autonomy, and payload capabilities driving growth in the market. The UAV industry is experiencing significant investment and innovation, with new applications and use cases emerging regularly. The market is expected to continue expanding due to the increasing demand for efficient, cost-effective, and versatile aerial solutions.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationDefense And Homeland SecurityCommercial And CivilTypeRotary WingFixed WingHybridGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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First Characterizer for Both Flour and Dough Takes Guesswork Out of Quality Control

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WESTBOROUGH, Mass., May 19, 2025 /PRNewswire/ — As experienced master bakers leave the workforce, commercial bakeries are struggling to maintain consistent product quality. Even when bakeries have skilled staff, subjective assessment of doughs may allow product variations that impact consumer acceptance. 

To address this challenge, KPM Analytics www.kpmanalaytics.com introduces a first-of-its-kind dual universal analyzer, the Mixolab 300, that objectively measures the characteristics of both flour and dough. Using its technology, milling and bakery operators can realize more reliable quality control, avoid customer complaints, reduce costly waste, and operate more efficiently. 

The new analyzer overcomes the longstanding problem of trying to predict baking performance from flour analysis alone. Analyzing both flour and dough (including reactions between flour, salt, yeast, fat, sugar, and improvers) gives a more complete and more accurate picture. 

Improving on the company’s popular flour-based Mixolab 2 dough characterizer, the Mixolab 300 adds a unique mixing bowl, dedicated software, and an introduction chimney that makes it easier for the operators to introduce doughs and batters for at-line quality analysis. Both the flour mixing bowl and the dough mixing bowl have the capability to heat samples, enabling sophisticated analysis not available in other dough characterizers. By selecting the bowl and software mode, users can easily switch between flour and dough analysis depending on their needs. 

The company also introduces the Mixolab 200, an evolution of the Mixolab 2, equipped with a flour mixing bowl. As user needs evolve, they can upgrade the Mixolab 200 to a Mixolab 300, which will include a dough kit, a specialized dough mixing bowl, and software for both flour and dough analysis.   

Gain Greater Insights on Dough and Production Process Performance
Unlike instruments limited to testing flours, the Mixolab 300 can anticipate baking performance by analyzing actual dough. Installed in quality control labs or near production lines, the Mixolab 300 dough characterizer can collect data on dough consistency and rheological properties, including starch behavior, providing key quality measurements. 

Thanks to a liquid-tight mixing bowl, a wider funnel, and an improved dough introduction chimney, Mixolab 300 can analyze all types of doughs and liquid batters ranging from bread doughs to cake and wafer batters.  It comes with two different dough testing modes. The first is the “Instant Consistency” test mode that provides quality-control data in minutes for production monitoring. The second mode offers a comprehensive “Full Test” that analyzes how ingredients interact during temperature changes—ideal for R&D and new product development.  

Help Millers and Ingredient Manufacturers Analyze Wheat and Additives
The benefits of dough analysis extend beyond the baker. The millers that supply bakeries with flours can use the Mixolab 300 to analyze wheat and flour behavior and use that understanding to improve wheat selection, optimize wheat and flour blends, and smartly use functional additives. Likewise, manufacturers of enzymes and additives can use the Mixolab 300 in their quality control and research and development. What’s more, research centers and universities can use the analyzer for scientific exploration. 

Availability 
The Mixolab 300 and Mixolab 200 flour and dough analyzers are available for order now. The Mixolab 300 will be on display in Düsseldorf at IBA, booth 11.F38.  

For an evaluation of how the analyzers will perform in specific applications, contact KPM Analytics at sales@kpmanalytics.com

About KPM Analytics 
KPM Analytics is a global leader in scientific instrumentation, focused primarily on analyzing critical parameters within the food, feed, agriculture, and environmental sectors. We provide a comprehensive range of products and services to uniquely solve our customers’ problems. Our product brands are AMS Alliance, Bruins Instruments, CHOPIN Technologies, EyePro System, Process Sensors Corporation, Sensortech, Sightline Process Control, Smart Vision Works, and Unity Scientific. Each has a long history of delivering advanced and reliable analysis solutions to ensure product quality and optimize process efficiency, with customer service at the center of everything we do. Visit www.kpmanalytics.com to learn more. 

Media contacts:   

Delphine Cornic

dcornic@kpmanalytics.com

+33 6 32 86 38 99

 

SOURCE KPM Analytics

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Denmark Ministry of Defence and Lockheed Martin Skunk Works® Prove F-35 Interoperability in Flight

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SKRYDSTRUP AIR BASE, Denmark, May 19, 2025 /PRNewswire/ — Lockheed Martin (NYSE: LMT) Skunk Works and the Danish Ministry of Defence (MOD) completed a successful live F-35 interoperability demonstration. This is another success in a series of Multi-Domain Operations (MDO) demonstrations proving the F-35’s ability to serve as a powerful force multiplier, enabling allied forces to rapidly deploy ready-now capabilities to connect systems across the battlespace.

Danish F-35s flying out of Fort Worth, Texas, shared classified data via DAGGR-2, a Skunk Works’ Open Systems Gateway (OSG) developed under a partnership with the Missile Defense Agency (MDA), through commercial satellite communications and displayed at Skrydstrup Air Base in Denmark.

“This marked a significant milestone toward enhancing Denmark’s capabilities, as it enabled our MDO staff to witness in real-time the potential of the F-35’s ability to collect, analyse and share advanced data across geographically dispersed networks,” said Danish Air Chief, Maj. Gen. Jan Dam. “Our close collaboration with Skunk Works has been instrumental in accelerating the rapid deployment of such capabilities, and we’re very pleased with the results.”

“This collaboration with the Danish MOD enabled us to do what we do best at Skunk Works – rapidly deploy ready-now capabilities at a pace unparalleled in the industry and prove it through real-world flights,” said OJ Sanchez, vice president and general manager, Lockheed Martin Skunk Works. This demonstration builds on our successful track record of collaboration with international partners and defines what truly sets us apart: our commitment to Open Systems Architecture, which enables seamless integration across any platform, sensor, or shooter – regardless of the manufacturer.”

Lockheed Martin is committed to delivering open architecture solutions that enhance multi-domain integration capabilities across allied forces.

For additional information, visit our website: https://www.lockheedmartin.com/en-us/capabilities/multi-domain-operations.html

About the F-35
More than 1,170 F-35s are currently operational around the globe, and the fleet surpassed 1 million flight hours. The combat proven F-35 operates from 50 bases worldwide, including 10 nations operating on home soil. As adversaries advance and legacy aircraft age, the F-35 is critical to maintaining air dominance for decades to come.

About Lockheed Martin
Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at Lockheedmartin.com

 

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SOURCE Lockheed Martin Aeronautics

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TeamViewer launches first Digital Workplace platform combining endpoint management, remote connectivity, AI, and DEX

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With hybrid work and digital complexity on the rise, TeamViewer ONE empowers organizations of any size and across industries to solve IT problems faster, simplify support, and power a frictionless, productive work environment where employees stay seamlessly connected.

GÖPPINGEN, Germany, May 19, 2025 /PRNewswire/ — TeamViewer, a global leader in digital workplace solutions, today launches TeamViewer ONE, a unified digital workplace management platform powered by advanced AI features, and designed to help organizations reduce downtime, optimize IT support, and elevate employee experience at scale. The company presented the new platform at the Gartner Digital Workplace Summit in London.

Managing a patchwork of disconnected IT tools has become a significant challenge for organizations, leading to increased complexity, higher costs, and operational inefficiencies. Many IT leaders are now prioritizing vendor consolidation to streamline operations and reduce these burdens. A recent CIO survey found that 95% of IT executives plan to consolidate vendors within the next year, with 80% citing the need to reduce the number of point solutions. This growing shift highlights the demand for unified platforms that simplify IT operations while boosting performance, security, and scalability.

TeamViewer ONE was built to meet exactly this need. It’s the first unified digital workplace platform that brings together real-time device monitoring, intelligent automation, secure remote access, and contextual diagnostics—all in a single, scalable solution. Whether global enterprise or small business, it empowers organizations of all sizes to reduce tool sprawl, streamline operations, and deliver exceptional digital experiences across a distributed workforce, spanning traditional IT endpoints as well as a wide range of connected and operational technology devices.

“The digital workplace is no longer a future vision, it’s the reality of how every business operates today,” said Mark Banfield, Chief Commercial Officer at TeamViewer. “Almost all workplaces are digital nowadays, and companies need to support their employees whether they work in an office, at home, on the shop floor, or out in the field. As the number of tools and technologies has exploded, so has the complexity for IT teams and end-users. With TeamViewer ONE, we’re helping customers cut through that complexity with a unified platform that meets their needs today and evolves with them tomorrow—whether they’re just starting out or managing thousands of endpoints globally.”

TeamViewer ONE brings together remote monitoring and management (RMM), remote connectivity, DEX, and AI-powered features into one comprehensive solution under a single license, making it the only platform to deliver all these capabilities seamlessly for businesses of any size.

TeamViewer RMM: Proactive device monitoring and management with built-in endpoint security, mobile device management (MDM), and patching, helping IT teams stay ahead of potential issues, reduce disruptions, and ensure device compliance across the workforce.TeamViewer Intelligence: AI-driven support tools like CoPilot provide real-time diagnostics and context-aware troubleshooting recommendations, while Session Insights generate automatic, structured reports to help IT teams analyze trends and improve performance.TeamViewer Remote Connectivity: Secure, reliable and industry-leading remote access and control, enabling IT teams to provide seamless assistance across distributed workforces and devices, wherever they are.TeamViewer DEX: Designed to monitor and improve digital employee experience (DEX), which has been recognized as a leader in the Gartner® Magic Quadrant™. With real-time visibility into endpoint health, performance trends, and user-impacting issues, DEX allows IT to prioritize actions that drive productivity, reduce downtime, and foster long-term employee engagement.

“Companies today can’t afford to fly blind when it comes to employee experience and IT health,” said Mei Dent, Chief Product and Technology Officer at TeamViewer. “With rising pressure to consolidate fragmented tech stacks, strengthen security, and meet evolving compliance standards, TeamViewer ONE brings intelligence, automation, and visibility into a single platform, enabling IT teams to replace siloed tools with a seamless, AI-powered experience. This frees IT teams from repetitive tasks and manual troubleshooting, allowing them to focus on higher-impact initiatives that drive real value for the business.”

This combination of capabilities enables companies to create a more connected, efficient, and productive environment where employees stay engaged and supported with minimal distractions. TeamViewer ONE is available in tailored Business and Enterprise packages with all features delivered through a single agent license to support the evolving demands of today’s hybrid workforces. For more details, visit TeamViewer ONE.

About TeamViewer

TeamViewer provides a Digital Workplace platform that connects people with technology—enabling, improving, and automating digital processes to make work work better.

In 2005, TeamViewer started with software to connect to computers from anywhere to eliminate travel and enhance productivity. It rapidly became the de facto standard for remote access and support and the preferred solution for hundreds of millions of users across the world to help others with IT issues. Today, more than 660,000 customers across industries rely on TeamViewer to optimize their digital workplaces—from small to medium-sized businesses to the world’s largest enterprises—empowering both desk-based employees and frontline workers.

Organizations use TeamViewer’s solutions to prevent and resolve disruptions with digital endpoints of any kind, securely manage complex IT and industrial device landscapes, and enhance processes with augmented reality powered workflows and assistance—leveraging AI and integrating seamlessly with leading tech partners. Against the backdrop of global digital transformation and challenges like shortage of skilled labor, hybrid working, accelerated data analysis, and the rise of new technologies, TeamViewer’s solutions offer a clear value add by increasing productivity, reducing machine downtime, speeding up talent onboarding, and improving customer and employee satisfaction. The company is headquartered in Göppingen, Germany, and employs more than 1,800 people globally.

In 2024, TeamViewer achieved a revenue of around EUR 671 million. TeamViewer SE (TMV) is listed at Frankfurt Stock Exchange and belongs to the MDAX. Further information can be found at www.teamviewer.com.

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