How Has The Unmanned Composites Market Size Evolved In Recent Years?
The unmanned composites market has seen considerable growth due to a variety of factors.
•The market size of unmanned composites has seen remarkable growth in the past few years. It is projected to expand from $1.68 billion in 2024 to $1.9 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 13.5%.
Factors driving this growth during the historical period include investments in research and development, the demands of aerospace and defense, the expansion of the commercial drone market, advancements in telecommunications and connectivity, as well as a focus on sustainability and green technology.
What Are The Estimated Market Size And Expected Annual Growth Rates For Global Unmanned Composites Market?
The unmanned composites market is expected to maintain its strong growth trajectory in upcoming years.
• Anticipations show a swift ascend in the upcoming years for the unmanned composites market size, projecting it to increase to $3.31 billion in 2029, with a compound annual growth rate (CAGR) of 14.9%.
This projected growth during the forecast period can be ascribed to the rise in automation and autonomy, escalated urban air mobility (UAM), advancements in space exploration and satellite development. In addition, the expansion in medical and healthcare applications, along with hybrid energy and renewable systems, also contribute to this growth. Major trends during this forecast period encompass 3D printing and additive manufacturing, the design of bio-inspired composites, flexible and shape-memory composites. Furthermore, nanocomposites for improved properties and adaptable and modular components are also observed.
Which Key Drivers Are Propelling The Unmanned Composites Market's Growth?
The anticipated growth of the unmanned composites market is largely driven by the growing demand for unmanned aerial vehicles (UAVs), also commonly referred to as drones. UAVs are aircraft that operate without a human pilot onboard, capable of flying either autonomously or via remote control. Unmanned composites offer UAVs improved performance, including increased payload capabilities, extended flight endurance, superior aerodynamic properties, and enhanced durability. This is illustrated by the Federal Aviation Administration, a governmental agency based in the U.S., which estimates that by 2024, there will be 828,000 commercial drones (those employed for business purposes) and 1.48 million recreational drones (those used for personal enjoyment). Consequently, the rising demand for UAVs is facilitating the expansion of the unmanned composites market.
What Are The Key Segments Within The Global Unmanned Composites Market?
The unmanned composites market covered in this report is segmented –
1) By Type: Carbon Fiber Reinforced Polymer (CFRP), Glass Fiber Reinforced Polymer (GFRP), Aramid Fiber Reinforced Polymer (AFRP), Boron Fiber Reinforced Polymer (BFRP)
2) By Platform: Unmanned Aerial Vehicles, Unmanned Ground Vehicles, Unmanned Surface Vehicles, Autonomous Underwater Vehicles, Remotely Operated Vehicles, Autonomous Ship, Passenger Drone
3) By Application: Interior, Exterior
Subsegments:
1) By Carbon Fiber Reinforced Polymer (CFRP): Continuous Carbon Fiber Reinforced Composites, Short Carbon Fiber Reinforced Composites, Hybrid Carbon Fiber Composites
2) By Glass Fiber Reinforced Polymer (GFRP): Continuous Glass Fiber Reinforced Composites, Short Glass Fiber Reinforced Composites, Hybrid Glass Fiber Composites
3) By Aramid Fiber Reinforced Polymer (AFRP): Continuous Aramid Fiber Reinforced Composites, Short Aramid Fiber Reinforced Composites, Hybrid Aramid Fiber Composites
4) By Boron Fiber Reinforced Polymer (BFRP): Continuous Boron Fiber Reinforced Composites, Short Boron Fiber Reinforced Composites, Hybrid Boron Fiber Reinforced Composites
Pre-Book The Unmanned Composites Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
How Are New Trends Impacting The Size Of The Unmanned Composites Market?
A significant trend gaining traction in the unmanned composites market is product innovation. The primary companies in the unmanned composites market are concentrating on developing fresh products to establish their prominence in the industry. For example, Xenia Srl, an Italian plastic fabrication firm, introduced XECARB ST, a new series of super tough carbon fiber-reinforced composites, in September 2022. They recognized a demand for better impact resistance, pairing superior lightweight quality with excellent impact toughness. Xenia's XECARB line further advances the mechanical attributes within XECARB ST, providing considerably improved notched impact resistance, flexibility under low temperatures, and tensile elongation at break. XECARB ST's slightly reduced density is anticipated to provide more options for lighter weight.
Who Are the Key Players in the Unmanned Composites Market?
Major companies operating in the unmanned composites market include:
• Mitsubishi Rayon
• The Boeing Company
• Lockheed Martin
• Mitsubishi Chemical Corporation
• NVIDIA
• Evonic Industries AG
• Toray Industries Inc.
• Solvay S.A.
• Dupont Inc.
• Owens Corning
• Formosa Plastics Corporation
• Teijin Limited
• Elbit Systems
• Teledyne Technologies Incorporated
• Leonardo DRS
• Aerojet Rocketdyne
• Hexcel Corporation
• Materion Corporation
• SGL Carbon SE
• Stratasys Ltd.
• Gurit Holding AG
• AeroVironment
• ZOLTEK Corp.
• Unitech Aerospace
• Cytec Engineered Materials Inc.
• Quantum Composites Inc.
• DowAksa Advanced Composites Holdings B.V.
• Tencate Advanced Composites
• Renegade Materials Corporation.
What are the Regional Insights into the Unmanned Composites Market?
North America was the largest region in the unmanned composites market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the unmanned composites market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
