UAV Propellers Market Size and Growth 2021-2027- By material type (wood, wooden composites, carbon fiber), by application (Oil & Gas industry, military applications, E-commerce, mining & others), by geographical regions (North America, Europe, APAC, LATAM, and MEA)
REPORT HIGHLIGHT
According to the Federal Aviation Administration (FAA), drones are predicted to produce a US$ 890 million commercial industry by 2025, driving the market for UAV propellers even further. During the projected period, the need for UAV propulsion systems is expected to grow at a CAGR of more than 13.2%. Factors such as increasing military expenditures, e-commerce growth, and improving material quality are fueling the development of the UAV propeller market.
Unmanned Aerial Vehicles (UAVs) are drones that humans control. In the healthcare, e-commerce, food, retail, and defense industries, drones have many uses. The propeller is one of the most important components of UAVs because it transforms rotational energy into thrust, which is used to push the UAV into the air. Wood or composite materials are used to create and develop UAV propellers. On the other hand, a UAV propeller constructed of composite materials produces less noise and vibrations than a wood propeller. In mission-critical military applications, composite propellers are more efficient.
MARKET DYNAMICS
Due to rising demand for drone technology from industries like oil & gas, mining, and e-commerce, the worldwide UAV propeller market is predicted to develop significantly during the forecast period. Drones with cameras are utilized in the mining industry to capture photographs of the sites, and photometry software is used to create 3D maps of mines using these images. The photometry program also aids in calculating the volume of the area to be dug from a certain mining site. For example, in August 2019, BHP Group plc, one of the world's largest coal firms, began using drones to check, survey, and map coal mines in Queensland, Australia. During the projected period, these factors will contribute to the positive growth of the drone propellers market.
Furthermore, as flying airplanes over urban areas grow more common, noise is a serious concern. Drone propellers are already being designed using the latest technologies used in high-performance airplane propellers. Commercial drones, for example, can fly at greater altitudes, over longer distances, and in tighter places if their props are designed with anti-ice blade technology. There is a considerable surge in demand for drones in the oil and gas industry for convenient infrastructure and pipeline surveillance and inspection. In September 2019, Sinopec Group, one of the world's top oil producers, utilized micro drones to monitor a 6,000-kilometer oil pipeline in southern China. Drone manufacturers worldwide are working with oil and gas industries to address the drone's obstacles in an aerial inspection.
The growing use of drones in military surveillance and armed drone operations and the delivery of vaccines, medical supplies, and food to remote regions push the demand for drone propellers. It may also scan highways and bridges and monitor specific areas for illegal hunting and poaching in the wild. The economic expansion of developing countries is boosting the governments' military ambitions, and thus the growth of UAV applications is increasing. Because of technological advancement, drones can easily maneuver over various geographical conditions and adverse environmental situations. With drones, soldiers can handle surveillance activities in remote places without frequent visits.
MARKET SEGMENTATION
UAV propeller market can be segmented on propeller material and drone applications.
Material type Takeaway
Propellers for drones are made up of wood, wood core composites, carbon fiber, etc. wooden material can be applicable for short-range uses. Carbon fiber is used to make tough propellers. Mainly in military applications where UAVs are used in versatile and adverse atmospheres, propellers made of carbon fiber material are used. With rapid research and development in material science, many composite materials are available, which increases application range and product application life. Wooden and wooden blended fabrics are mainly used for commercial applications such as e-commerce. It provides a balance between cost and propeller life span. For versatile use, carbon fiber and composite materials make propellers robust for various application requirements.
Application Takeaway
UAVs are finding applications in an increasing number of industries such as oil & gas, mining, e-commerce, military applications such as surveillance, weather coverage, agricultural practices such as water and soil condition analysis, and so on. The inherent advantages of integrating an electric-propulsion system into various UAV platforms are also propelling electric propulsion technologies forward at a far faster rate than their equivalents.
REGIONAL DEVELOPMENTS
Many of the developed countries are leading in the research and development of propeller design and material science. North America is the leading market for UAV propeller design and production. High expenditure in military actions, the base of high-tech start-ups in e-commerce and Agri-tech space, and an increasing number of companies working in product development with the least human intervention in some critical industries are some factors contributing to this growth. Europe is joining the league in no time. With countries like Germany & France leading technological developments and knowledge resources with top-notch universities, European countries are catching up with the global UAV market. Developing countries such as India, China & Brazil are lucrative demand markets for UAV manufacturing companies. The E-commerce industry is booming in developing countries. More people are joining the workforce, and increasing income levels are boosting demand from remote areas. It increases the opportunity for drone application for cost-effective deliveries. Deliveries in urban areas with the help of drones can decrease logistics charges for e-commerce companies and better control over customer experiences.
COVID-19 IMPACT
The COVID-19 epidemic has been raging since December 2019, has had a significant impact on the global UAV Propellers Market, owing to a lack of required human labor and severe travel restrictions around the world, which have stifled the transportation of raw materials and finished goods. Furthermore, sudden firm closures and social distancing legislation impacted manufacturing jobs, which in turn had an impact on the worldwide UAV Propellers Market. Major urban applications of UAVs are aspiration projects of companies. With daily operations affected because of COVID, companies put UAV-led application projects on hold, which involved the demand for propellers for a short period. Drones are being used to monitor towns and cities in countries including India, China, and the United States owing to the COVID-19 outbreak. With industrial recovery across the geographies and companies exploring options for less human involvement in critical operations, the demand for UAV is expected to rise during the remaining part of the forecast period.
KEY PLAYERS
The major player in the UAV propeller market is Sensenich Propellers, Advanced Technologies (U.S.), Catto Propellers (U.S.), Dowty (U.K.), Delta Propeller Company, IPT (Brazil), Karsparaero (Czech Republic), Culver Props, UAVOS Inc. Hartzell Propellers (U.S.), Chauviere (France), McCauley (U.S.), Da Havilland Propellers (U.K.), Neura Jet (Austria), and UAV Propulsion Tech.
Collaboration with end-user application industries is a major trend observed in the global UAV market. Drone manufacturers worldwide are working with oil and gas industries to address the UAV's obstacles in the aerial inspection. Flylogix Limited, in conjunction with Total S.A., U.K. air traffic navigation services provider—NATS, and the Oil & Gas Technology Centre, announced a North Sea drone program in September 2019. (OGTC). This program aims to solve the difficulties that drones have when inspecting infrastructure in the North Sea.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2016 to 2019
- Base Year – 2020
- Projected Year – 2021 to 2027
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL UAV PROPELLER MARKET KEY PLAYERS
- Sensenich Propellers
- Advanced Technologies
- Hartzell Propellers
- Catto Propellers
- Dowty
- Chauviere
- McCauley
- Delta Propeller Company
- Da Havilland Propellers
- IPT
- Karspar Aero
- Neura Jet
- Culver Props
- UAVOS Inc.
- UAV Propulsion Tech
GLOBAL UAV PROPELLER MARKET, BY MATERIAL TYPE
- Wooden propellers
- Wooden Composites
- Carbon Fiber
GLOBAL UAV PROPELLER MARKET, BY APPLICATION
- Oil & Gas
- Military & Defense
- E-commerce
- Mining
- Others
GLOBAL UAV PROPELLER MARKET, BY REGION
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Rest of MEA
TABLE OF CONTENT
1. UAV PROPELLER MARKET OVERVIEW
1.1. Study Scope
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Material Type
2.1.2. Market Snippet by Application
2.1.3. Market Snippet by Region
2.2. Competitive Insights
3. UAV PROPELLER KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. UAV PROPELLER INDUSTRY STUDY
4.1. Porter’s Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. UAV PROPELLER MARKET: COVID-19 IMPACT ANALYSIS
5.1. Pre-COVID-19 Impact Analysis
5.2. Post-COVID-19 Impact Analysis
5.2.1. Top Performing Segments
5.2.2. Marginal Growth Segments
5.2.3. Top Looser Segments
5.2.4. Marginal Loss Segments
6. UAV PROPELLER MARKET LANDSCAPE
6.1. Market Share Analysis, 2019
6.2. Key Innovators Analysis
6.3. Breakdown Data, by Key Manufacturer
6.3.1. Established Players’ Analysis
6.3.2. Emerging Players’ Analysis
7. UAV PROPELLER MARKET – BY MATERIAL TYPE
7.1. Overview
7.1.1. Segment Share Analysis, By Material Type, 2020 & 2027 (%)
7.2. Wood
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
7.3. Wooden Composites
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
7.4. Carbon Fibre
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
8. UAV PROPELLER MARKET – BY APPLICATION
8.1. Overview
8.1.1. Segment Share Analysis, By Application, 2020 & 2027 (%)
8.2. Oil & Gas Industry
8.2.1. Overview
8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
8.3. Mining
8.3.1. Overview
8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
8.4. E-Commerce
8.4.1. Overview
8.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
8.5. Military Application
8.5.1. Overview
8.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
8.6. Others
8.6.1. Overview
8.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9. UAV PROPELLER MARKET– BY GEOGRAPHY
9.1. Introduction
9.1.1. Segment Share Analysis, By Geography, 2020 & 2027 (%)
9.2. North America
9.2.1. Overview
9.2.2. Key Manufacturers in North America
9.2.3. North America Market Size and Forecast, By Country, 2016 - 2027 (US$ Billion)
9.2.4. North America Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
9.2.5. North America Market Size and Forecast, By Application, 2016 - 2027 (US Billion)
9.2.6. U.S.
9.2.6.1. Overview
9.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.2.6.3. U.S. Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
9.2.6.4. U.S. Market Size and Forecast, By Application, 2016 - 2027 (US Billion)
9.2.7. Canada
9.2.7.1. Overview
9.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.2.7.3. Canada Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
9.2.7.4. Canada Market Size and Forecast, By Application, 2016 - 2027 (US Billion)
9.3. Europe
9.3.1. Overview
9.3.2. Key Manufacturers in Europe
9.3.3. Europe Market Size and Forecast, By Country, 2016 - 2027 (US$ Billion)
9.3.4. Europe Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
9.3.5. Europe Market Size and Forecast, By Application, 2016 - 2027 (US Billion)
9.3.6. Germany
9.3.6.1. Overview
9.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.3.6.3. Germany Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
9.3.6.4. Germany Market Size and Forecast, By Application, 2016 - 2027 (US Billion)
9.3.7. Italy
9.3.7.1. Overview
9.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.3.7.3. Italy Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
9.3.7.4. Italy Market Size and Forecast, By Application, 2016 - 2027 (US Billion)
9.3.8. United Kingdom
9.3.8.1. Overview
9.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.3.8.3. United Kingdom Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
9.3.8.4. United Kingdom Market Size and Forecast, By Application, 2016 - 2027 (US Billion)
9.3.9. France
9.3.9.1. Overview
9.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.3.9.3. France Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
9.3.9.4. France Market Size and Forecast, By Application, 2016 - 2027 (US Billion)
9.3.10. Rest of Europe
9.3.10.1. Overview
9.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.3.10.3. Rest of Europe Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
9.3.10.4. Rest of Europe Market Size and Forecast, By Application, 2016 - 2027 (US Billion)
9.4. Asia Pacific
9.4.1. Overview
9.4.2. Key Manufacturers in Asia Pacific
9.4.3. Asia Pacific Market Size and Forecast, By Country, 2016 - 2027 (US$ Billion)
9.4.4. Asia Pacific Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
9.4.5. Asia Pacific Market Size and Forecast, By Application, 2016 - 2027 (US Billion)
9.4.6. India
9.4.6.1. Overview
9.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.4.6.3. India Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
9.4.6.4. India Market Size and Forecast, By Application, 2016 - 2027 (US Billion)
9.4.7. China
9.4.7.1. Overview
9.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.4.7.3. China Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
9.4.7.4. China Market Size and Forecast, By Application, 2016 - 2027 (US Billion)
9.4.8. Japan
9.4.8.1. Overview
9.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.4.8.3. Japan Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
9.4.8.4. Japan Market Size and Forecast, By Application, 2016 - 2027 (US Billion)
9.4.9. Rest of APAC
9.4.9.1. Overview
9.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.4.9.3. Rest of APAC Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
9.4.9.4. Rest of APAC Market Size and Forecast, By Application, 2016 - 2027 (US Billion)
9.5. Latin America
9.5.1. Overview
9.5.2. Key Manufacturers in Latin America
9.5.3. Latin America Market Size and Forecast, By Country, 2016 - 2027 (US$ Billion)
9.5.4. Latin America Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
9.5.5. Latin America Market Size and Forecast, By Application, 2016 - 2027 (US Billion)
9.5.6. Brazil
9.5.6.1. Overview
9.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.5.6.3. Brazil Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
9.5.6.4. Brazil Market Size and Forecast, By Application, 2016 - 2027 (US Billion)
9.5.7. Mexico
9.5.7.1. Overview
9.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.5.7.3. Mexico Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
9.5.7.4. Mexico Market Size and Forecast, By Application, 2016 - 2027 (US Billion)
9.5.8. Argentina
9.5.8.1. Overview
9.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.5.8.3. Argentina Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
9.5.8.4. Argentina Market Size and Forecast, By Application, 2016 - 2027 (US Billion)
9.5.9. Rest of Europe
9.5.9.1. Overview
9.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.5.9.3. Rest of LATAM Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
9.5.9.4. Rest of LATAM Market Size and Forecast, By Application, 2016 - 2027 (US Billion)
9.6. Middle East and Africa
9.6.1. Overview
9.6.2. Key Manufacturers in Middle East and Africa
9.6.3. Middle East and Africa Market Size and Forecast, By Country, 2016 - 2027 (US$ Billion)
9.6.4. Middle East and Africa Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
9.6.5. Middle East and Africa Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.6.6. Saudi Arabia
9.6.6.1. Overview
9.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.6.6.3. Saudi Arabia Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
9.6.6.4. Saudi Arabia Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.6.7. United Arab Emirates
9.6.7.1. Overview
9.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.6.7.3. United Arab Emirates Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
9.6.7.4. Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.6.8. Rest of MEA
9.6.8.1. Overview
9.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.6.8.3. Rest of MEA Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
9.6.8.4. Rest of MEA Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
10. KEY VENDOR ANALYSIS
10.1. Competitive Dashboard
10.2. Company Profiles
10.2.1. Sensenich Propellers
10.2.1.1. Company Snapshot
10.2.1.2. Financial Performance
10.2.1.3. Product Benchmarking
10.2.1.4. Strategic Initiatives
10.2.2. Advanced Technologies
10.2.3. Hartzell Propellers
10.2.4. Catto Propellers
10.2.5. Dowty
10.2.6. Chauviere
10.2.7. McCauley
10.2.8. Delta Propeller Company
10.2.9. Da Havilland Propellers
10.2.10. IPT
10.2.11. Karspar aero
10.2.12. Neura Jet
10.2.13. Culver Props
10.2.14. UAVOS Inc.
10.2.15. UAV Propulsion Tech
11. 360 DEGREE ANALYST VIEW
12. APPENDIX
12.1. Research Methodology
12.2. References
12.3. Abbreviations
12.4. Disclaimer
12.5. Contact Us
