According to the current analysis of Reports and Data, the global Unmanned Composites market was valued at USD 1.1 Billion in 2019 and is expected to reach USD 3.8 Billion by the year 2027, at a CAGR of 16.8%.
An unmanned system is a self-piloted or remote machine which is prepared with all the required sensors, data processing centers, automatic control, and also the advanced communication systems. This system is very much capable of performing various operations such as military missions, rescue missions, civilian surveillance, and also used in law enforcement. Based on their application, unmanned systems can be categorized into the Unmanned aerial vehicle (UAV), Unmanned Ground Vehicle (UGV), Unmanned Surface Vehicle (USV), Autonomous Underwater Vehicle (AUV), Remotely Operated Vehicle (ROV), and other few categories. The key objective behind manufacturing them is to derive excellent mechanical properties, durability, and cost-effectiveness with respect to manufacturing and maintenance, without adding any weight. The composite construction is a natural fit for an unmanned system on account of its ability to impart properties such as stiffness and strength while reducing the system’s overall weight.
The Unmanned Composites Markets industry is continually reinventing itself with new processes, materials, and products. Unmanned Vehicle components process companies are investing in new technologies to expand into the global market. A composite, as the name suggests, essentially consists of two or possibly more distinct materials depending on the platform type of the component. The components and the materials could be polymeric, metallic, or ceramic, while the fiber could be made from carbon, boron, glass, or aramid. The unmanned composite materials market can be segmented on the basis of following sectors: Carbon fiber reinforced polymer (CFRP), Glass fiber reinforced polymers (GFRP), Boron fiber-reinforced Polymer (BFRP), and Aramid fiber reinforced Polymers (AFRP). CFRP is the primary composite used in the construction of unmanned systems, particularly UAV airframes. These composites consist of thermoset resins which are cured when subjected to heating and used along with carbon fiber as a structural component. They are much lighter than Glass Fiber Reinforced Polymer and stronger than metals. In 2019, The Unmanned Composite materials market has been evolving over the years owing to the subtly lightweight characteristics and properties of Composites. There is an increasing demand for lightweight and electric conductive composites due to its stability and durability. Also, disruptive technologies with respect to UAV play a major role in the future of the Aviation market, particularly in military applications.
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The information and communication technology sector is rapidly gaining traction owing to rapid technological advancements, high demand for smartphones, laptops, computers and other modern electronic devices, and increasing adoption of latest technologies such as Artificial Intelligence (AI), Internet of Things (IoT), and cloud services. The ICT sector consists of several sections, software, hardware, telecommunications and other services. Factors such as increasing demand for advanced ICT services in BFSI, agriculture, retail, hospital and healthcare, rapid adoption of digitalization, rising number of internet users and high demand of advanced services and devices are expected to drive global market revenue growth during the forecast period. Other factors such as increasing need for managing large data base, rising concerns about data security and increasing investments in RD activities are expected to boost market growth during the forecast period.
Competitive Landscape:
Competitive landscape of global Keyword market is quite fragmented with regional and global key players. These market players are involved in various strategies including mergers and acquisitions, collaborations, new product launches or corporate deals to retain their market position and expand their product portfolio.
some leading companies operating in the global Keyword market:
Unitech Aerospace, Toray Industries Inc., Teledyne, Stratasys Ltd., Teijin Ltd., Solvay, Renegade Material Corporation, Quantum Composites, Hexcel Corporation, Carbon by Design
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The global market is further segmented into type and application:
Type (Revenue, USD Million; Volume in Kilo Tons, 2017–2027)
- Carbon Fiber Reinforced Polymer
- Carbon Fibre
- Matrix
- Glass Fiber Reinforced Polymer
- Glass Fibre
- Matrix
- Boron Fiber Reinforced Polymer
- Boron Fibre
- Matrix
- Aramid Fiber Reinforced Polymer
- Aramid Fibre
- Matrix
Platform Type (Revenue, USD Million; Volume in Kilo Tons, 2017–2027)
- UAV
- Class II (150-600kg)
- Class III (600kg)
- UGV
- Medium (200-500 Lbs.)
- Large (500-1,000 Lbs.)
- Very Large (1,000-2,000 Lbs.)
- Extremely Large (2,000 Lbs.)
- USV
- Small
- Medium
- Large
- Extra Large
- AUV
- Man-Portable Vehicles
- Light Weight Vehicles
- Heavy Weight Vehicles
- Large Vehicles
- ROV
- Small Vehicles
- High Capacity Electric Vehicles
- Work Class Vehicles
- Heavy Work Class Vehicles
- Passenger Drones
- Autonomous Ship
Application Type (Revenue, USD Million; Volume in Kilo Tons, 2017–2027)
- Interior
- Exterior
Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
- Latin America (Brazil, Rest of LATAM)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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