The unmanned composite materials market is projected to be worth USD 3,222.3 Million by 2027, according to a current analysis by Emergen Research. The unmanned composite materials market is observing high demand attributed to the growing demand for lightweight unmanned systems. Small UAVs usually suffer from performance drawbacks, including small load capacity, slow speed, low flying height, and short battery backup. Also, owing to the complexity of the operational environment, the frequency of damage occurring to the UAV body is comparatively high. The composite materials used in unmanned systems possess high specific strength and specific stiffness, considerably decreasing the unmanned systems’ weight with load cost reduction and payload increase, resulting in prolonged flight distance and time. Unmanned composite materials are of immense significance for use in miniaturized, lightweight, and high-performance unmanned system structures.
The Global Unmanned Composite Materials Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals.
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The Global Unmanned Composite Materials Report is a panoramic study of the overall Unmanned Composite Materials market published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the Unmanned Composite Materials market. The report provides a detailed analysis of the key factors of the Unmanned Composite Materials market that are expected to have a positive impact on the growth of the Unmanned Composite Materials industry.
The report offers insightful information about the market dynamics of the Unmanned Composite Materials market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Unmanned Composite Materials market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Unmanned Composite Materials market.
The global Unmanned Composite Materials market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Unmanned Composite Materials sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.
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Key participants include Startasys Ltd., Solvay, Hexcel Corporation, Teledyne, Mitsubishi Rayon Co. Ltd., Teijin Ltd., Gurit, Toray Industries, Renegade Materials Corporation, and Owens Corning, among others.
Some Key Highlights from the Report
- In March 2019, Teijin Ltd. entered into an agreement for the acquisition of Renegade Materials Corporation. As part of the acquisition, Renegade materials Corporation will operate as Teijin’s wholly-owned subsidiary.
- E-glass fiber finds widespread usage as the fiber composites reinforcement material in load-bearing sandwich construction, owing to its excellent mechanical features and resistance from environmental factors, but the primary behind its popularity is its relatively low price.
- Increasing adoption of drones is likely to fuel the market demand. The Federal Aviation Administration reports that in 2016, the number of commercial drones in the US was 42,000 and would substantially increase to 420,000 by the year 2021.
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Emergen Research has segmented the global unmanned composite materials market on the basis of type, platform, application, and region:
Type Outlook (Revenue, USD Billion; 2017-2027)
- Carbon Fiber Reinforced Polymer (CFRP)
- Glass Fiber Reinforced Polymer (GFRP)
- Aramid Fiber Reinforced Polymer (AFRP)
- Boron Fiber Reinforced Polymer (BFRP)
Platform Outlook (Revenue, USD Billion; 2017-2027)
- Unmanned Aerial Vehicle (UAV)
- Unmanned Surface Vehicle (USV)
- Unmanned Ground Vehicle (UGV)
- Autonomous Underwater Vehicle (AUV)
Application Outlook (Revenue, USD Billion; 2017-2027)
Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
- Rest of Europe
- South Korea
- Rest of APAC
- Rest of LATAM
- Saudi Arabia
- Rest of MEA
The report addresses the following key points:
- The report estimates the expected market size from 2020-2027
- The report provides a forecast of market drivers, restraints, and future opportunities for the Unmanned Composite Materials market
- The report further analyses the changing market dynamics
- Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Revenue forecast, country scope, application insights, and product insights
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.
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