Market Share of North America Unmanned Systems Industry
The market of North America unmanned systems is slightly fragmented, due to the presence of several players that provide unmanned systems for military, law enforcement, and commercial applications. Some of the prominent players in the North America unmanned systems market are The Boeing Company, Elbit Systems Ltd, Lockheed Martin Corporation, Teledyne Technologies Incorporated, and AeroVironment Inc. To expand their share in the market, the companies are robustly investing in research and development of new unmanned systems with advanced capabilities. For instance, in June 2022, Teledyne FLIR Defense unveiled the Kobra 725 modular UGV with new capabilities and upgrades compared to its predecessor the Kobra 710. The new UGV is integrated with new technologies such as AES-256 encryption, field-swappable radio modules, full-HD cameras, and wide-angle visual/thermal mobility cameras, which is suitable for military applications like Explosive Ordnance Disposal (EOD)/counter-vehicle-borne IED missions, weapon integration, remote CBRN detection, and reconnaissance, among others. In addition to the development of unmanned systems, the companies are also expanding their production capacities to cater to requirements of the armed forces. On this note, Huntington Ingalls Industries (HII) is plans to invest USD 50 million in construct a new Unmanned Systems Center for Excellence with an area of 135,000 square feet. The new facility is capable of supporting large-scale unmanned systems prototyping, production, and testing. Such investments are anticipated to increase the presence of the companies in the market in the coming years.
North America Unmanned Systems Market Leaders
The Boeing Company
Elbit Systems Ltd
Lockheed Martin Corporation
Teledyne Technologies Incorporated
AeroVironment Inc.
*Disclaimer: Major Players sorted in no particular order
