Europe Drone Payload Market 2023-2033 by Product (EO/IR, Cameras, Sensors, Radar, Weaponry), Subsystem (GCS, STS, Propulsion), Application (ISR, Mapping & Surveying, Photography, Monitoring, Others), End User (Defense, Agriculture, Media, Energy, Government, Construction), Sales Channel (OEM, Aftermarket), and Country: Trend Forecast and Growth Opportunity
Europe drone payload market was valued at $1,93 billion in 2023 and will grow by 12.3% annually over 2023-2033. The growth is driven by increasing applications of drones, rising defense investments in unmanned technologies, the development of advanced drone payload systems, increase in market for location-based services, a growing demand for improved surveillance, and technological advancements with the increasing use of AI for autonomous UAVs.
Highlighted with 37 tables and 59 figures, this 130-page report “Europe Drone Payload Market 2023-2033 by Product (EO/IR, Cameras, Sensors, Radar, Weaponry), Subsystem (GCS, STS, Propulsion), Application (ISR, Mapping & Surveying, Photography, Monitoring, Others), End User (Defense, Agriculture, Media, Energy, Government, Construction), Sales Channel (OEM, Aftermarket), and Country: Trend Forecast and Growth Opportunity” is based on comprehensive research of the entire Europe drone payload market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2021-2023 and provides forecast from 2024 till 2033 with 2023 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Europe drone payload market in every aspect of the classification from perspectives of Product, Subsystem, Application, End User, Sales Channel, and Country.
Based on Product, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section.
• Electro-Optical/Infrared (EO/IR)
• Cameras
• Signal Intelligence
• Communication Intelligence
• Electronic Intelligence
• Laser Sensors
• Optronics
• CBRN Sensors
• Maritime Patrol Radar
• Weaponry
• Other Products
Based on Subsystem, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section.
• Ground Control Station System (GCS)
• Signal Transmission System (STS)
• Propulsion System
By Application, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section.
• Intelligence, Surveillance & Reconnaissance (ISR)
• Mapping & Surveying
• Photography
• Monitoring
• Other Applications
By End User, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section.
• Defense
• Agriculture and Environment
• Media and Entertainment
• Energy
• Government
• Construction and Archaeology
• Other End Users
By Sales Channel, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section.
• OEM
• Aftermarket
Geographically, the following national/local markets are fully investigated:
• Germany
• UK
• France
• Spain
• Italy
• Russia
• Rest of Europe (further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2023-2033. The breakdown of national markets by Product, Application, and End User over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
3D Robotics, Inc.
AeroVironment Inc.
Autel Robotics Co., Ltd.
BAE Systems Plc
Draganfly Inc.
Elbit Systems Ltd.
Imsar LLC
Israel Aerospace Industries (IAI)
Lockheed Martin Corporation
Northrop Grumman Corporation
Parrot S.A.
Raytheon Technologies Corporation
SZ DJI Technology Co., Ltd.
Teledyne Technologies Inc.
Thales Group
The Boeing Co.
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16
2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 21
2.1.2 Impact of COVID-19 on the Market 25
2.1.3 Impact of Russia-Ukraine Conflict 27
2.1.4 Impact of Israel-Palestine War 29
2.2 Major Growth Drivers 30
2.3 Market Restraints and Challenges 34
2.4 Emerging Opportunities and Market Trends 37
2.5 Porter’s Fiver Forces Analysis 41
3 Segmentation of Europe Market by Product 45
3.1 Market Overview by Product 45
3.2 Electro-Optical/Infrared (EO/IR) 47
3.3 Cameras 48
3.4 Signal Intelligence 49
3.5 Communication Intelligence 50
3.6 Electronic Intelligence 51
3.7 Laser Sensors 52
3.8 Optronics 53
3.9 CBRN Sensors 54
3.10 Maritime Patrol Radar 55
3.11 Weaponry 56
3.12 Other Products 57
4 Segmentation of Europe Market by Subsystem 58
4.1 Market Overview by Subsystem 58
4.2 Ground Control Station System (GCS) 60
4.3 Signal Transmission System (STS) 61
4.4 Propulsion System 62
5 Segmentation of Europe Market by Application 63
5.1 Market Overview by Application 63
5.2 Intelligence, Surveillance & Reconnaissance (ISR) 65
5.3 Mapping & Surveying 66
5.4 Photography 67
5.5 Monitoring 68
5.6 Other Applications 69
6 Segmentation of Europe Market by End User 70
6.1 Market Overview by End User 70
6.2 Defense 72
6.3 Agriculture and Environment 73
6.4 Media and Entertainment 74
6.5 Energy 75
6.6 Government 76
6.7 Construction and Archaeology 77
6.8 Other End Users 78
7 Segmentation of Europe Market by Sales Channel 79
7.1 Market Overview by Sales Channel 79
7.2 OEM 81
7.3 Aftermarket 82
8 European Market 2023-2033 by Country 83
8.1 Overview of European Market 83
8.2 Germany 86
8.3 U.K. 89
8.4 France 92
8.5 Spain 95
8.6 Italy 98
8.7 Russia 101
8.8 Rest of European Market 104
9 Competitive Landscape 106
9.1 Overview of Key Vendors 106
9.2 New Product Launch, Partnership, Investment, and M&A 110
9.3 Company Profiles 113
3D Robotics, Inc. 113
AeroVironment Inc. 115
Autel Robotics Co., Ltd. 116
BAE Systems Plc 117
Draganfly Inc. 118
Elbit Systems Ltd. 119
Imsar LLC 120
Israel Aerospace Industries (IAI) 121
Lockheed Martin Corporation 122
Northrop Grumman Corporation 123
Parrot S.A. 124
Raytheon Technologies Corporation 125
SZ DJI Technology Co., Ltd. 126
Teledyne Technologies Inc. 127
Thales Group 128
The Boeing Co. 129
RELATED REPORTS 130
List of Tables:
Table 1. Snapshot of Europe Drone Payload Market in Balanced Perspective, 2023-2033 17
Table 2. World Economic Outlook, 2024-2036 22
Table 3. World Economic Outlook, 2022-2024 24
Table 4. Scenarios for Economic Impact of Ukraine Crisis 28
Table 5. Scenarios for Economic Impact of Israel-Palestine War 29
Table 6. Main Product Trends and Market Opportunities in Europe Drone Payload Market 37
Table 7. Europe Drone Payload Market by Product, 2023-2033, $ mn 45
Table 8. Europe Drone Payload Market by Subsystem, 2023-2033, $ mn 58
Table 9. Europe Drone Payload Market by Application, 2023-2033, $ mn 63
Table 10. Europe Drone Payload Market by End User, 2023-2033, $ mn 70
Table 11. Europe Drone Payload Market by Sales Channel, 2023-2033, $ mn 79
Table 12. Europe Drone Payload Market by Country, 2023-2033, $ mn 85
Table 13. Germany Drone Payload Market by Product, 2023-2033, $ mn 87
Table 14. Germany Drone Payload Market by Application, 2023-2033, $ mn 87
Table 15. Germany Drone Payload Market by End User, 2023-2033, $ mn 88
Table 16. U.K. Drone Payload Market by Product, 2023-2033, $ mn 90
Table 17. U.K. Drone Payload Market by Application, 2023-2033, $ mn 90
Table 18. U.K. Drone Payload Market by End User, 2023-2033, $ mn 91
Table 19. France Drone Payload Market by Product, 2023-2033, $ mn 93
Table 20. France Drone Payload Market by Application, 2023-2033, $ mn 93
Table 21. France Drone Payload Market by End User, 2023-2033, $ mn 94
Table 22. Spain Drone Payload Market by Product, 2023-2033, $ mn 96
Table 23. Spain Drone Payload Market by Application, 2023-2033, $ mn 96
Table 24. Spain Drone Payload Market by End User, 2023-2033, $ mn 97
Table 25. Italy Drone Payload Market by Product, 2023-2033, $ mn 99
Table 26. Italy Drone Payload Market by Application, 2023-2033, $ mn 99
Table 27. Italy Drone Payload Market by End User, 2023-2033, $ mn 100
Table 28. Russia Drone Payload Market by Product, 2023-2033, $ mn 102
Table 29. Russia Drone Payload Market by Application, 2023-2033, $ mn 102
Table 30. Russia Drone Payload Market by End User, 2023-2033, $ mn 103
Table 31. Drone Payload Market in Rest of Europe by Country, 2023-2033, $ mn 105
Table 32. Top 10 Vendors in Worldwide Drone Payload Market in 2023 108
Table 33. Collaborations and M&A Activities 111
Table 34. Product Launch and Development 112
Table 35. 3D Robotics, Inc.: Company Snapshot 113
Table 36. 3D Robotics, Inc.: Business Segmentation 114
Table 37. 3D Robotics, Inc.: Product Portfolio 114
List of Figures:
Figure 1. Research Method Flow Chart 11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2023-2033 16
Figure 4. Industry Value Chain Analysis 19
Figure 5. Europe Drone Payload Market, 2023-2033, $ mn 20
Figure 6. Impact of COVID-19 on Business 25
Figure 7. Primary Drivers and Impact Factors of Europe Drone Payload Market 30
Figure 8. World Unmanned Aerial Vehicle Market, 2023-2033, thousand units 33
Figure 9. Primary Restraints and Impact Factors of Europe Drone Payload Market 34
Figure 10. Investment Opportunity Analysis 38
Figure 11. Porter’s Fiver Forces Analysis of Europe Drone Payload Market 41
Figure 12. Breakdown of Europe Drone Payload Market by Product, 2023-2033, % of Revenue 46
Figure 13. Europe Addressable Market Cap in 2024-2033 by Product, Value ($ mn) and Share (%) 46
Figure 14. Europe Drone Payload Market by Product: Electro-Optical/Infrared (EO/IR), 2023-2033, $ mn 47
Figure 15. Europe Drone Payload Market by Product: Cameras, 2023-2033, $ mn 48
Figure 16. Europe Drone Payload Market by Product: Signal Intelligence, 2023-2033, $ mn 49
Figure 17. Europe Drone Payload Market by Product: Communication Intelligence, 2023-2033, $ mn 50
Figure 18. Europe Drone Payload Market by Product: Electronic Intelligence, 2023-2033, $ mn 51
Figure 19. Europe Drone Payload Market by Product: Laser Sensors, 2023-2033, $ mn 52
Figure 20. Europe Drone Payload Market by Product: Optronics, 2023-2033, $ mn 53
Figure 21. Europe Drone Payload Market by Product: CBRN Sensors, 2023-2033, $ mn 54
Figure 22. Europe Drone Payload Market by Product: Maritime Patrol Radar, 2023-2033, $ mn 55
Figure 23. Europe Drone Payload Market by Product: Weaponry, 2023-2033, $ mn 56
Figure 24. Europe Drone Payload Market by Product: Other Products, 2023-2033, $ mn 57
Figure 25. Breakdown of Europe Drone Payload Market by Subsystem, 2023-2033, % of Sales Revenue 59
Figure 26. Europe Addressable Market Cap in 2024-2033 by Subsystem, Value ($ mn) and Share (%) 59
Figure 27. Europe Drone Payload Market by Subsystem: Ground Control Station System (GCS), 2023-2033, $ mn 60
Figure 28. Europe Drone Payload Market by Subsystem: Signal Transmission System (STS), 2023-2033, $ mn 61
Figure 29. Europe Drone Payload Market by Subsystem: Propulsion System, 2023-2033, $ mn 62
Figure 30. Breakdown of Europe Drone Payload Market by Application, 2023-2033, % of Sales Revenue 64
Figure 31. Europe Addressable Market Cap in 2024-2033 by Application, Value ($ mn) and Share (%) 64
Figure 32. Europe Drone Payload Market by Application: Intelligence, Surveillance & Reconnaissance (ISR), 2023-2033, $ mn 65
Figure 33. Europe Drone Payload Market by Application: Mapping & Surveying, 2023-2033, $ mn 66
Figure 34. Europe Drone Payload Market by Application: Photography, 2023-2033, $ mn 67
Figure 35. Europe Drone Payload Market by Application: Monitoring, 2023-2033, $ mn 68
Figure 36. Europe Drone Payload Market by Application: Other Applications, 2023-2033, $ mn 69
Figure 37. Breakdown of Europe Drone Payload Market by End User, 2023-2033, % of Revenue 71
Figure 38. Europe Addressable Market Cap in 2024-2033 by End User, Value ($ mn) and Share (%) 71
Figure 39. Europe Drone Payload Market by End User: Defense, 2023-2033, $ mn 72
Figure 40. Europe Drone Payload Market by End User: Agriculture and Environment, 2023-2033, $ mn 73
Figure 41. Europe Drone Payload Market by End User: Media and Entertainment, 2023-2033, $ mn 74
Figure 42. Europe Drone Payload Market by End User: Energy, 2023-2033, $ mn 75
Figure 43. Europe Drone Payload Market by End User: Government, 2023-2033, $ mn 76
Figure 44. Europe Drone Payload Market by End User: Construction and Archaeology, 2023-2033, $ mn 77
Figure 45. Europe Drone Payload Market by End User: Other End Users, 2023-2033, $ mn 78
Figure 46. Breakdown of Europe Drone Payload Market by Sales Channel, 2023-2033, % of Revenue 80
Figure 47. Europe Addressable Market Cap in 2024-2033 by Sales Channel, Value ($ mn) and Share (%) 80
Figure 48. Europe Drone Payload Market by Sales Channel: OEM, 2023-2033, $ mn 81
Figure 49. Europe Drone Payload Market by Sales Channel: Aftermarket, 2023-2033, $ mn 82
Figure 50. Breakdown of European Drone Payload Market by Country, 2023 and 2033, % of Revenue 84
Figure 51. Contribution to Europe 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 85
Figure 52. Drone Payload Market in Germany, 2023-2033, $ mn 86
Figure 53. Drone Payload Market in U.K., 2023-2033, $ mn 89
Figure 54. Drone Payload Market in France, 2023-2033, $ mn 92
Figure 55. Drone Payload Market in Spain, 2023-2033, $ mn 95
Figure 56. Drone Payload Market in Italy, 2023-2033, $ mn 98
Figure 57. Drone Payload Market in Russia, 2023-2033, $ mn 101
Figure 58. Drone Payload Market in Rest of Europe, 2023-2033, $ mn 104
Figure 59. Growth Stage of Europe Drone Payload Industry over the Forecast Period 106
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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