Delray Beach, FL, June 24, 2025 (GLOBE NEWSWIRE) — The report “US UAV (Drone) Market by Type [Fixed Wing, Rotary Wing, Hybrid], Platform (Civil & Commercial, and Defense & Government) , Point of Sale, System, Function, Industry, Application Mode of Operatio, MTOW, Range and Region – Forecasts to 2029″, The US UAV (Drone) market is projected to reach USD 5,470.1 million by 2029 from an estimated USD 3,345.4 million in 2024, at a CAGR of 10.3% during the forecast period.
The UAV market is growing rapidly as military agencies invest in advanced unmanned systems to meet evolving needs. Commercial sectors are also harnessing drone technology for tasks like aerial surveillance and logistics. In addition, applications in agriculture, construction, and utilities are boosting operational efficiency. Supportive government policies are further driving innovation and investment across the industry.
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List of Players in the UAV (Drone) Industry:
- Northrop Grumman Corporation (US),
- Teledyne Flir LLC (US),
- General Atomics Aeronuatical System (US),
- Raytheon Technologies Coeporation (US),
- Lockheed Martin Corporation (US),
- Aerovironment, Inc. (US),
- Textron Inc. (US),
- Skydio, Inc. (US),
- Volansi, Inc. (US) among others.
US UAV (Drone) Market Segmentation:
The civil segment accounted for the largest share of the application segment in the US UAV (Drone) market in 2023.
Based on Type, The US UAV (Drone) market is segmented into Fixed wing, rotary wing and hybrid wing. Rotary-wing drones, due to their VTOL capability, can function in a broader range of environments than fixed-wing drones, as they eliminate the requirement of …