The global unmanned composite materials market is anticipated to reach a valuation of USD 3,222.3 Million by 2027, according to the latest report by Emergen Research. The market is experiencing significant growth, driven by increased investments in unmanned systems. Notably, the unveiling of the Adani Elbit Unmanned Aerial Vehicles production facility in Hyderabad, India, reflects the escalating demand, with approximately USD 15 million invested in its development.
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Key Highlights from the Report:
Technological Collaborations: Toray Industries' agreement with Lilium GmbH to supply carbon fiber composite materials for the unmanned Lilium Jet highlights the trend of technological collaborations driving market growth.
Diverse Applications: Unmanned marine vehicle systems are witnessing extensive applications, including military operations such as Anti-Submarine Warfare, Intelligence, Surveillance, Reconnaissance, and Mine Counter Measures, among others.
Material Advantages: Aramid fiber enforced polymer materials offer high tensile specific stiffness and strength, making them ideal for unmanned systems requiring impact resistance.
Market Drivers: The rising demand for unmanned surface vehicles is fueled by increasing research in hydrography, oceanography, anti-submarine warfare, and water quality monitoring.
Regional Dominance: Europe emerged as the dominant region in 2019, led by countries like Germany, France, the U.K., and Russia, due to the presence of leading producers.
Key Players: Major participants in the market include Stratasys Ltd., Solvay, Hexcel Corporation, Teledyne, Mitsubishi Rayon Co. Ltd., Teijin Ltd., Gurit, Toray Industries, Renegade Materials Corporation, and Owens Corning, among others.
Market Segmentation:
Type: The market is segmented into Carbon Fiber Reinforced Polymer (CFRP), Glass Fiber Reinforced Polymer (GFRP), Aramid Fiber Reinforced Polymer (AFRP), and Boron Fiber Reinforced Polymer (BFRP).
Platform: Segmentation is based on Unmanned Aerial Vehicle (UAV), Unmanned Surface Vehicle (USV), Unmanned Ground Vehicle (UGV), Autonomous Underwater Vehicle (AUV), and Others.
Application: Applications are categorized into Interior and Exterior.
Region: Geographical segmentation includes North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, BENELUX, Rest of Europe), Asia Pacific (China, Japan, South Korea, Rest of APAC), Latin America (Brazil, Rest of LATAM), and Middle East & Africa (Saudi Arabia, U.A.E., Rest of MEA).
Summary:
The Emergen Research report on the global unmanned composite materials market forecasts substantial growth driven by technological advancements, diverse applications, and strategic collaborations. With Europe leading the market and key players actively participating, the industry is poised for significant expansion.
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