The latest study on the Unmanned Composite Materials Market industry includes a detailed analysis of the future trends and demands for the forecast period, 2020 – 2030 . The report covers the estimation of key market players, emerging new players, and regional analysis to offer a better understanding of the Unmanned Composite Materials Market . Furthermore, the report is updated with the changes in the market dynamics and economic scenario due to the COVID-19 pandemic. The report assesses the impact of the pandemic on the overall market and provides a detailed assessment of the present and future impact of the COVID-19 pandemic on the industry.
The global unmanned composite materials market is projected to be worth USD 3,222.3 Million by 2027, according to a current analysis by Emergen Research. The unmanned composite materials market is observing high demand attributed to the growing demand for lightweight unmanned systems. Small UAVs usually suffer from performance drawbacks, including small load capacity, slow speed, low flying height, and short battery backup. Also, owing to the complexity of the operational environment, the frequency of damage occurring to the UAV body is comparatively high. The composite materials used in unmanned systems possess high specific strength and specific stiffness, considerably decreasing the unmanned systems’ weight with load cost reduction and payload increase, resulting in prolonged flight distance and time. Unmanned composite materials are of immense significance for use in miniaturized, lightweight, and high-performance unmanned system structures.
Startasys Ltd., Solvay, Hexcel Corporation, Teledyne, Mitsubishi Rayon Co. Ltd., Teijin Ltd., Gurit, Toray Industries, Renegade Materials Corporation, and Owens Corning, among others.
Objective: The objective of this report is to provide a comprehensive analysis of the Unmanned Composite Materials Market , including market size, growth potential, key drivers and restraints, trends, and competitive landscape.
COVID-19 Impact: The COVID-19 pandemic has had a mixed impact on the Unmanned Composite Materials Market . On the one hand, the pandemic has led to a decline in demand for coatings and inks in some end-use industries, which has reduced the demand for Unmanned Composite Materials Market. On the other hand, the pandemic has led to a greater focus on health and safety, which has increased the demand for low-toxicity and low-VOC solvents like Unmanned Composite Materials Market in some regions.
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the Unmanned Composite Materials Market is expected to grow significantly in the coming years due to the increasing demand for environmentally-friendly solvents and the rising demand for coatings and inks in various industries. However, the market also faces challenges such as the availability of substitutes and the impact of the COVID-19 pandemic.
Emergen Research has segmented the global unmanned composite materials market on the basis of 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)
Region wise performance of the Unmanned Composite Materials Market industry
North America Unmanned Composite Materials Market forecast is expected to remain significantly positive in terms of revenue share between 2020 and 2030 . In addition, North America Unmanned Composite Materials Market revenue share is expected to remain comparatively larger than that of other regional markets from 2020 to 2030 .
Asia Pacific registered fastest revenue CAGR in 2020, and the Unmanned Composite Materials Market forecast is that this trend is expected to continue going ahead. Market forecast states that revenue share contribution from China, India, and South Korea is expected to remain robust till 2030 .
Europe Unmanned Composite Materials Market forecast is positive currently, with revenue growth expected to remain steady between 2020 and 2030 . Robust focus on research and development initiatives by major firms and changing trends and demographics in countries in the region are some factors expected to continue to support Unmanned Composite Materials Market growth.
Questions addressed in the report:
- What is the estimated market growth rate throughout the forecast period?
- Which end-use industry is expected to witness the highest demand for Unmanned Composite Materials Market in the near future?
- What is the regulatory framework governing the application of Unmanned Composite Materials Market in the food industry?
- Which manufacturing processes are utilized for the production of Unmanned Composite Materials Market ?
Table of Contents:
- Chapter 1 includes an introduction of the global Unmanned Composite Materials Market , along with a comprehensive market overview, market scope, product offerings, and an investigation of the market drivers, growth opportunities, risks, restraints, and other vital factors.
- Chapter 2 offers an in-depth analysis of the key manufacturers engaged in this business vertical, along with their sales and revenue estimations.
- Chapter 3 elaborates on the highly competitive terrain of the market, highlighting the key manufacturers and vendors.
- In Chapter 4, our team has fragmented the market on the basis of regions, underscoring the sales, revenue, and market share of each region over the forecast timeline.
- Chapters 5 and 6 have laid emphasis on the market segmentation based on product type and application.
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