Europe Commercial Uav Market Size & Outlook, 2023-2030

The commercial uav market in Europe is expected to reach a projected revenue of US$ 11,155.7 million by 2030. A compound annual growth rate of 19% is expected of Europe commercial uav market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,309.9
Forecast, 2030 (US$M)
$11,155.7
CAGR, 2024 - 2030
19%
Report Coverage
Europe

Europe commercial uav market highlights

  • The Europe commercial uav market generated a revenue of USD 3,309.9 million in 2023.
  • The market is expected to grow at a CAGR of 19% from 2024 to 2030.
  • In terms of segment, rotary blade uav was the largest revenue generating product in 2023.
  • Hybrid UAV is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 3,309.9 million
Market revenue in 2030USD 11,155.7 million
Growth rate19% (CAGR from 2023 to 2030)
Largest segmentRotary blade uav
Fastest growing segmentHybrid UAV
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFixed wing UAV, Rotary blade UAV, Hybrid UAV, Nano UAV
Key market players worldwideAeroVironment Inc, Boeing Co, BAE Systems PLC, Draganfly Inc Ordinary Shares, EHang Holdings Ltd ADR, Elbit Systems Ltd, General Dynamics Corp, Parrot SA, Textron Inc


Other key industry trends

  • In terms of revenue, Europe region accounted for 27.5% of the global commercial uav market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 13,704.4 million by 2030.

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Commercial UAV Market Companies

Name Profile # Employees HQ Website

Europe commercial uav market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to commercial uav market will help companies and investors design strategic landscapes.


Rotary blade uav was the largest segment with a revenue share of 68.67% in 2023. Horizon Databook has segmented the Europe commercial uav market based on fixed wing uav, rotary blade uav, hybrid uav, nano uav covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Europe commercial uav market databook

  • Our clientele includes a mix of commercial uav market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe commercial uav market , including forecasts for subscribers. This continent databook contains high-level insights into Europe commercial uav market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe commercial uav market size, by country, 2018-2030 (US$M)

Europe Commercial UAV Market Outlook Share, 2023 & 2030 (US$M)

Europe commercial uav market size, by country, 2018-2030 (US$M)

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