Global Unmanned Composite Materials Market is Expected to Reach USD 3,222.3 Million by 2027, According to Current Analysis by Emergen Research
VANCOUVER, BC, CANADA, September 12, 2022 /EINPresswire.com/ — The Global unmanned composite materials market is expected to be worth $3,222.3 million by 2027, according to current analysis by Emergen Research. The unmanned composite materials market is witnessing strong demand attributed to the growing demand for lightweight unmanned systems. Small UAVs usually suffer from performance drawbacks, including low load capacity, slow speed, low flight height, and short standby battery. In addition, due to the complexity of the operational environment, the frequency of damage to the body of the UAV is relatively high. Composite materials used in unmanned systems possess high specific strength and stiffness, significantly reducing the weight of unmanned systems with reduced load costs and increased payload, resulting in increased distance and time of extended flights. Unmanned composite materials are of immense importance for use in miniaturized, lightweight and high performance unmanned system structures.
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Additionally, the study provides Porter’s Five Forces Model, along with portfolio and financial analysis and business overview of services and products. The report outlines market segmentation and growth analysis of the top 10 market players currently active in the Unmanned Composite Materials industry. The report also contains information and statistics, tables and figures which are used in strategic planning for business success.
Key Players Mentioned in the Unmanned Composite Materials Market Research Report:
Startasys Ltd., Solvay, Hexcel Corporation, Teledyne, Mitsubishi Rayon Co. Ltd., Teijin Ltd., Gurit, Toray Industries, Renegade Materials Corporation, and Owens Corning, among others.
Some key highlights of the report:
In March 2019, Teijin Ltd. entered into an agreement to acquire Renegade Materials Corporation. As part of the acquisition, Renegade Materials Corporation will operate as a wholly owned subsidiary of Teijin.
E-glass fiber is widely used as a reinforcing material for fiber composites in load-bearing sandwich construction, due to its excellent mechanical characteristics and resistance to environmental factors, but the main reason for its popularity is its relatively low price.
The growing adoption of drones is likely to fuel market demand. The Federal Aviation Administration reports that in 2016 the number of commercial drones in the United States was 42,000 and will increase dramatically to reach 420,000 by 2021.
Unmanned marine vehicle systems are deployed for many applications, including military, where they find use in anti-submarine warfare, intelligence, surveillance and reconnaissance, mine countermeasures and fast coastal attack craft for combat exercises.
The Asia-Pacific market is expected to grow at the fastest rate over the forecast period, owing to the rapid adoption of drones and aerostat systems in the countries in the region.
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The Unmanned Composite Materials Market research report provides a comprehensive analysis of industry size, trends and growth prospects. This report also provides detailed technology expenditure information for the forecast period, which gives a unique view of the Unmanned Composite Materials market across many segments.
Emergen Research has segmented the global unmanned composite materials market based on type, platform, application, and region:
Type Outlook (Revenue, USD Billion; 2017-2027)
Carbon Fiber Reinforced Polymer (CFRP)
Glass fiber reinforced polymer (GFRP)
Aramid fiber reinforced polymer (AFRP)
Boron Fiber Reinforced Polymer (BFRP)
Platform Outlook (Revenue, USD Billion; 2017-2027)
Unmanned aerial vehicle (UAV)
Unmanned Surface Vehicle (USV)
Unmanned ground vehicle (UGV)
Autonomous Underwater Vehicle (AUV)
Application Outlook (Revenue, USD Billion; 2017-2027)
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You need to find out what impact this will have on the unmanned composite materials market today and over the next 10 years:
• Our 250-page report offers you 194 tables and 189 tables/graphs exclusively.
• The report highlights the top lucrative areas of the industry so you can target them – now.
• It contains an in-depth analysis of global, regional and national sales and growth.
• It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you today how the Unmanned Composite Materials market will develop over the next 10 years, and in line with variations in the economic downturn and rebound from COVID-19. This market is more critical today than at any time in the past 10 years.
Forecasts to 2027 and other analysis reveal business prospects
• In addition to revenue forecasts to 2027, our new study provides you with recent results, growth rates and market shares.
• You will find original analyses, with business perspectives and developments.
• Learn about qualitative analysis (including market dynamics, drivers, opportunities, restraints, and challenges), cost structure, impact of rising unmanned composite material prices, and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your business.
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