North America Tactical UAV Market Size

North America Tactical UAV Market Analysis

The North America Tactical UAV Market size is expected to grow from USD 1.41 billion in 2023 to USD 2.57 billion by 2028, at a CAGR of 12.79% during the forecast period (2023-2028).

• The COVID-19 pandemic had a very slight impact on the market in 2020 due to disruptions in the supply chain. The market has stabilized in 2021 with restrictions lifted and the countries increasing their defense spending in the region for consecutive years.
• Unmanned aerial vehicles (UAVs) are primarily used by the military and law enforcement for combat, long-range surveillance, and reconnaissance missions due to operational and strategic advantages brought by beyond visual line of sight (BVLOS), where the benefits related to cost, reliability, and operational risk mitigation are matched by the increased ability to project power that the platform allows, either through deniability or by making BVLOS available to proxies and allies.
• An increase in focus on enhancing intelligence, surveillance, and reconnaissance (ISR) capabilities and growing defense spending are the major factors driving the market growth. The ability of UAVs to track down and disable an enemy without coming into its site is a major advantage that is helping the growth of the market.
• The use of UAVs for national security and counter-terrorism will also be a major factor in the growth of the market in the North American region. Integrating technologies, like artificial intelligence, into the existing tactical UAV technologies may provide opportunities for the development of advanced tactical UAV systems in the years to come.