Unmanned Systems Market

Leading Companies in Unmanned Systems Industry - Northrop Grumman (US), Lockheed Martin Corporation (US), Teledyne Technologies Inc. (US), BAE Systems (UK), and DJI (China)

The unmanned systems market is projected to reach USD 43.54 billion by 2030, from USD 27.13 billion in 2024, at a CAGR of 8.2%. The Unmanned Systems Market has significant growth potential in the coming years which is driven by increase in asymmetric threats, sensor technology, and rising demand for autonomous systems. This market is increasingly recognized for its potential to revolutionize maritime operations, offering enhanced safety, cost efficiency, and environmental sustainability. As the growth trend continues to evolve, the Unmanned Systems market is set to play a pivotal role in the future of unmanned system operations.

Northrop Grumman (US), Lockheed Martin Corporation (US), Teledyne Technologies Inc. (US), BAE Systems (UK), and DJI (China) are some of the leading companies in the market. These companies have implemented various growth strategies such as developing advanced unmanned systems technologies, partnerships, contracts, joint ventures, and acquisitions to strengthen their position in the unmanned systems market. The organic and inorganic strategies have helped the market players expand globally.

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Northrop Grumman Corporation (US)

Northrop Grumman Corporation is an integrated global defense and security enterprise providing a range of products, services, and solutions to the information and services, electronics, and aerospace industries worldwide. It is a leading integrated and advanced naval systems provider. The company operates through four business segments: Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems. Northrop Grumman is a leading aerospace and defense company that specializes in the development of advanced unmanned aerial vehicles (UAVs) for military and intelligence applications. Northrop Grumman's Unmanned systems innovations are central to modern defense strategies, delivering critical situational awareness and operational flexibility across air, sea, and land domains. In February 2022, Northrop Grumman Corporation partnered with Echodyne Corp to design and develop a joint counter-drone solution. The focus was on counter-UAS, where Echodyne’s radar systems offered performance advantages.

Teledyne Technologies Inc. (US)

Teledyne Technologies Inc. under its fully owned subsidiary, Teledyne FLIR LLC, develops several unmanned solutions, including various unmanned ground systems and unmanned aerial systems. The company operates through four business segments: instrumentation, aerospace and defense electronics, digital imaging, and engineered systems. It provides unmanned ground vehicles through the instrumentation segment. The instrumentation segment provides different types of unmanned ground vehicles. Some of the major subsidiaries of Teledyne are Teledyne Optech, Teledyne Dalsa, Inc., Teledyne LeCroy, and Teledyne FLIR LLC. Teledyne specializes in designing, developing, manufacturing, marketing, and distributing advanced technologies that enhance perception and situational awareness. The company has diverse portfolio that caters to a wide range of applications across government and defense, industrial, and commercial markets.  The company has its presence in Europe, Middle East, Africa, Asia Pacific, North America, and South America

Lockheed Martin Corporation (US)

Lockheed Martin Corporation is a global aerospace, defense, and security company with a broad portfolio that includes advanced technologies and systems for military and commercial applications. The company operates in four business segments: Aeronautics, Missiles & Fire Control (MFC), Rotary & Mission Systems (RMS), and Space. Under its Rotary & Mission Systems segment, the company offers unmanned underwater vehicles (UUVs), which are used by the military and commercial operators to explore the ocean. The Aeronautics segment is engaged in the research, design, development, manufacture, integration, sustainment, support, and upgrades of advanced military aircraft, including combat and air mobility aircraft, unmanned air vehicles, and related technologies. Lockheed Martin Corporation has over 350 facilities worldwide.

BAE Systems (UK)

BAE Systems is a leading global defense, aerospace, and security company headquartered in London, United Kingdom. The company specializes in designing and manufacturing advanced military platforms, including land systems, naval vessels, and air systems, as well as providing cybersecurity and intelligence solutions. The company operates through five business segments: Air, Electronic Systems, Platforms & Services, Maritime, and Cyber & Intelligence. The company offers cost-effective and high-performance Unmanned ground vehicles for several military and law enforcement applications. Some key subsidiaries of the company are BAE Systems Integrated System Technologies, BAE Systems Maritime-Submarines, and BAE Systems Military Air & Information. BAE Systems has presence in over 40 countries and employs more than 85,000 people worldwide.

DJI (China)

DJI is a leading global technology company headquartered in Shenzhen, China specializes in the development of innovative products and solutions in the field of aerial imaging and unmanned systems. The company operates through several segments, including consumer drones, professional aerial platforms, and industrial applications. The company's drones are equipped with technology, including high-resolution cameras, advanced stabilization systems, and intelligent flight modes, enabling users to capture stunning visuals and gather critical data from the sky. In September 2024, DJI launched the lightest and most compact drone called DJI Neo designed for effortless operation, which can take off and land directly on human palm without the need for a remote controller. DJI has its presence across US, Germany, the Netherlands, Japan, China, and Hong Kong and generates most of its revenue from the US and China.

Related Reports:

Unmanned Systems Market by Type (Unmanned Aerial Vehicle, Unmanned Marine Vehicle, Unmanned Ground Vehicle), Application (Defense, Government & Law Enforcement, Commercial, Consumer, Other), Mode of Operation and Region - Global Forecast to 2030

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Unmanned Systems Market Size,  Share & Growth Report
Report Code
AS 9244
RI Published ON
11/7/2024
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