Unmanned Composites Industry Size Growth, Opportunities, Business Demands, Emerging Audience, Analysis and Forecast 2027

Global Unmanned Composites Industry  Research Report: Information by Type [Carbon Fiber Reinforced Polymer (CFRP), Glass Fiber Reinforced Polymer (GFRP), Aramid Fiber Reinforced Polymer (AFRP) and Boron Fiber Reinforced Polymer (BFRP)], Application (Interior and Exterior), Platform (UAV, UGV, USV, AUV, ROV, Autonomous Ship and Passenger Drone) and Region (North America, Europe, Asia-Pacific, Middle East and Rest of the World) – Forecast till 2027 by MRFR

Industry  Forecast

Global Unmanned Composites Industry  is projected to be valued at USD 3,140 Million by 2026, registering a CAGR of 16% from 2020 to 2026. The reliability and durability of composite materials have significantly contributed to the expansion of the unmanned composites Industry . Growing competition owing to the presence of several players in the Industry  has led unmanned composites providers to focus on innovation. Furthermore, increasing mergers & acquisitions undertaken by companies is also expected to drive Industry  growth during the review period. For example, in July 2018, Teijin Limited acquired J.H. Ziegler GmbH, which enabled the company to strengthen its presence in the global unmanned composites Industry .

However, issues related to recyclability and lack of standardization in composite materials might hamper the growth of the Industry .

 

Industry  USP

 

The increasing use of composite materials to increase the durability and reliability of unmanned systems and increasing demand for lightweight unmanned systems among end-users are expected to drive the growth of the Unmanned Composites Industry   .
Growth Opportunities in the Industry

 

Carbon fiber reinforced polymer (CFRP) segment to register the highest CAGR: The segment is expected to register the highest CAGR during the study period. There is an increase in demand for lightweight and cost-effective unmanned system components from OEMs around the world. The carbon fiber is a combination of carbon atoms that are aligned parallel to the main axis of the filament, which provides durability to the structure and is convenient to use in all the commercial applications. Such factors are driving the growth of the CFRP segment during the forecast period.
The exterior segment is expected to be the fastest-growing during the forecasted period: The exterior segment is projected to witness the higher CAGR during the study period. The demand for composite materials from unmanned system manufacturers has been increasing significantly. Exterior structures made using legacy materials are likely to be replaced by composite materials. OEMs prefer using composite materials, such as carbon fiber, for manufacturing airframe structures in UAVs, UGVs, and USVs, which is, in turn, is driving the growth of the segment.
Unmanned Aerial Vehicle (UAV) segment is expected to dominate the Industry : The UAV segment dominated the Industry  in 2019. UAVs, also commonly known as drones, are widely used in various military missions. The rise in the demand for military UAVs for applications such as aerial surveillance, law enforcement, search and rescue, armed attacks, surveillance, and maritime patrol is expected to drive the growth of the segment. These UAVs use special composites like boron fiber and aramid fiber, due to which the demand for composites is increasing.

 

Browse Full Report Details @   https://www.Industry researchfuture.com/reports/unmanned-composites-Industry -9652
Key Players

  • Hexcel Corporation (US)
  • Toray Industries, Inc. (Japan)
  • Stratasys Ltd. (US)
  • Teledyne Technologies Incorporated. (US)
  • Gurit (Switzerland)
  • Solvay (Belgium)
  • Owens-Corning (US)
  • Lavoisier Composites (France)
  • Owens-Corning (US)
  • Mitsubishi Rayon Co. Ltd. (Japan)

Other Prominent Players

  • Materion Corporation (US)
  • Renegade Materials Corporation (US)
  • Teijin Limited (Japan)
  • Unitech Composites Inc. (US)
  • Carbon by Design (US)
  • Quantum Composites Inc. (US)

 

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