Market Size of North America Unmanned Systems Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 6.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
North America Unmanned Systems Market Analysis
The North America Unmanned Systems Market is expected to register a CAGR of more than 6% during the forecast period (2022-2027).
The impact of COVID-19 on the unmanned systems market in the military sector was negligible as the demand for investments in their development and procurement remained unaffected. In the commercial sector, the demand for unmanned systems in some of the applications witnessed a significant decrease. Nevertheless, as the lockdown measures were removed and the commercial activity resumed, the demand for these systems began to recover in 2021.
The ongoing geopolitical tensions of the United States with China and Russia have led to a robust increase in the investments towards the development and deployment of unmanned systems for combat and intelligence, surveillance, and reconnaissance missions in the past few years. Such investments are majorly driving the demand for unmanned systems market during the forecast period.
In the commercial sector, the increasing use of unmanned sea systems for underwater sea exploration, UGVs for agriculture, firefighting and urban search and rescue as well as UAVs for recreational applications and disaster relief is expected to generate demand for growth of the market.
The governments and companies are collaborating for integration of advanced technologies like artificial intelligence and machine learning into the unmanned systems for increasing their autonomous capabilities.
