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Singapore Unmanned Aerial Vehicle (UAV) Market

Singapore Unmanned Aerial Vehicle (UAV) Market Size, Share: By Class: Small and Medium UAV, Large UAV; By Systems: Platform, Payload, Datalink, Ground Control Station, UAV Launch and Recovery System; By Function: Inspection and Monitoring, Remote Sensing, Product Delivery, Others; By End Use; Competitive Landscape; 2024-2032

Singapore Unmanned Aerial Vehicle (UAV) Market Size

The Singapore unmanned aerial vehicle (UAV) market is projected to grow at a CAGR of 7.9% between 2024 and 2032.

 

Singapore Unmanned Aerial Vehicle (UAV) Market Outlook

  • As per the World Bank, in 2022, the military expenditure of Singapore as a percentage of its GDP was 2.8%.
  • As per the Building and Construction Authority in Singapore, the total construction demand for 2022 reached SGD29.8 billion.
  • As per the International Trade Administration, total local production in Singapore in 2022 was worth over USD 150 million.

 

Singapore Unmanned Aerial Vehicle (UAV) Market Growth

The Singapore Unmanned Aerial Vehicle (UAV) market growth is likely to come from use in military and defence where they are used for surveillance, reconnaissance, and intelligence gathering.

The civil and commercial sector of Singapore has a wide range of applications for unmanned aerial vehicles (UAVs). Some of these include real estate aerial photography and videography, monitoring construction sites from above, inspecting infrastructure like bridges or pipelines through flyovers, conducting agricultural surveys through crop inspection by air as well environmental monitoring. Government agencies also use them for mapping areas affected by disasters.

 

Growth of the Unmanned Aerial Vehicle (UAV) market in the country will be led by uses in military and defence, logistics and transportation and commercial uses among many other use cases. As of February 2024, Aerodyne Group and DroneDash Technologies plan on using UAVs for cross-border deliveries between Malaysia and Singapore.

 

Drones are used in the military for purposes such as border control, intelligence gathering, surveillance and reconnaissance among others. Besides these functions, UAVs can also be armed with sophisticated sensors and weapons to aid in combat missions thus increasing military capabilities while minimizing risks to personnel safety.

 

Singapore Unmanned Aerial Vehicle (UAV) Market

 

Singapore Unmanned Aerial Vehicle (UAV) Market Growth

Singapore Unmanned Aerial Vehicle (UAV) Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

 

Market Breakup by Class

  • Small and Medium UAV
  • Large UAV

 

Market Breakup by Systems

  • Platform
  • Payload
  • Datalink
  • Ground Control Station
  • UAV Launch and Recovery System

 

Market Breakup by Function

  • Inspection and Monitoring
  • Remote Sensing
  • Product Delivery
  • Search and Rescue
  • Surveying and Mapping
  • Border Management
  • Photography and Film Production
  • Others

 

Market Breakup by End Use

  • Military and Defence
  • Civil and Commercial
  • Energy and Power
  • Logistics and Transportation
  • Construction and Mining
  • Others

 

Singapore Unmanned Aerial Vehicle (UAV) Market Share

In the Unmanned Aerial Vehicle (UAV) market in Singapore growth is led by small and medium UAVs which are often characterised by their lightweight design and compact size, which makes them well suited for a wide range of applications in the commercial and the industrial sector. They are often used for surveillance, aerial photography, monitoring, and mapping.

 

Leading Companies in the Singapore Unmanned Aerial Vehicle (UAV) Market

Major market players are expanding their outreach by investing in technological innovations through the integration of artificial intelligence, data analytics, advanced sensor technologies and machine learning among others.

 

  • Northrop Grumman Corp.
  • BAE Systems Plc
  • Lockheed Martin Corp.
  • RTX Corp.
  • Boeing Co.
  • Airbus SE
  • Thales S.A.
  • Safran S.A.
  • Elbit Systems Ltd.
  • Others

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Class
  • Systems
  • Function
  • End Use
Breakup by Class
  • Small and Medium UAV
  • Large UAV
Breakup by Systems
  • Platform
  • Payload
  • Datalink
  • Ground Control Station
  • UAV Launch and Recovery System
Breakup by Function
  • Inspection and Monitoring
  • Remote Sensing
  • Product Delivery
  • Search and Rescue
  • Surveying and Mapping
  • Border Management
  • Photography and Film Production
  • Others
Breakup by End Use
  • Military and Defence
  • Civil and Commercial
  • Energy and Power
  • Logistics and Transportation
  • Construction and Mining
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Northrop Grumman Corp.
  • BAE Systems Plc
  • Lockheed Martin Corp.
  • RTX Corp.
  • Boeing Co.
  • Airbus SE
  • Thales S.A.
  • Safran S.A.
  • Elbit Systems Ltd.
  • Others

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface  
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers    
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market
8    Asia Pacific Unmanned Aerial Vehicle (UAV) Market Overview

    8.1    Key Industry Highlights
    8.2    Asia Pacific Unmanned Aerial Vehicle (UAV) Historical Market (2018-2023) 
    8.3    Asia Pacific Unmanned Aerial Vehicle (UAV) Market Forecast (2024-2032)
9    Singapore Unmanned Aerial Vehicle (UAV) Market Overview
    9.1    Key Industry Highlights
    9.2    Singapore Unmanned Aerial Vehicle (UAV) Historical Market (2018-2023) 
    9.3    Singapore Unmanned Aerial Vehicle (UAV) Market Forecast (2024-2032)
10    Singapore Unmanned Aerial Vehicle (UAV) Market by Class
    10.1    Small and Medium UAV
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Large UAV
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
11    Singapore Unmanned Aerial Vehicle (UAV) Market by Systems
    11.1    Platform
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Payload
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    Datalink
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    Ground Control Station
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    UAV Launch and Recovery System
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
12    Singapore Unmanned Aerial Vehicle (UAV) Market by Function
    12.1    Inspection and Monitoring
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Remote Sensing
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Product Delivery
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Search and Rescue
        12.4.1    Historical Trend (2018-2023)
        12.4.2    Forecast Trend (2024-2032)
    12.5    Surveying and Mapping
        12.5.1    Historical Trend (2018-2023)
        12.5.2    Forecast Trend (2024-2032)
    12.6    Border Management
        12.6.1    Historical Trend (2018-2023)
        12.6.2    Forecast Trend (2024-2032)
    12.7    Photography and Film Production
        12.7.1    Historical Trend (2018-2023)
        12.7.2    Forecast Trend (2024-2032)
    12.8    Others
13    Singapore Unmanned Aerial Vehicle (UAV) Market by End Use
    13.1    Military and Defense
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    Civil and Commercial
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Energy and Power
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    Logistics and Transportation
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Construction and Mining
        13.5.1    Historical Trend (2018-2023)
        13.5.2    Forecast Trend (2024-2032)
    13.6    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Northrop Grumman Corp.   
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    BAE Systems Plc  
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Lockheed Martin Corp.   
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    RTX Corp.  
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Boeing Co.  
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Airbus SE  
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Thales S.A.  
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8     Safran S.A.    
            15.2.8.1    Company Overview
            15.2.8.2    Product Portfolio
            15.2.8.3    Demographic Reach and Achievements
            15.2.8.4    Certifications
        15.2.9     Elbit Systems Ltd.  
            15.2.9.1    Company Overview
            15.2.9.2    Product Portfolio
            15.2.9.3    Demographic Reach and Achievements
            15.2.9.4    Certifications
        15.2.10    Others
16    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Asia Pacific Unmanned Aerial Vehicle (UAV) Market: Key Industry Highlights, 2018 and 2032
2.    Singapore Unmanned Aerial Vehicle (UAV) Market: Key Industry Highlights, 2018 and 2032
3.    Singapore Unmanned Aerial Vehicle (UAV) Historical Market: Breakup by Class (USD Million), 2018-2023
4.    Singapore Unmanned Aerial Vehicle (UAV) Market Forecast: Breakup by Class (USD Million), 2024-2032
5.    Singapore Unmanned Aerial Vehicle (UAV) Historical Market: Breakup by Systems (USD Million), 2018-2023
6.    Singapore Unmanned Aerial Vehicle (UAV) Market Forecast: Breakup by Systems (USD Million), 2024-2032
7.    Singapore Unmanned Aerial Vehicle (UAV) Historical Market: Breakup by Function (USD Million), 2018-2023
8.    Singapore Unmanned Aerial Vehicle (UAV) Market Forecast: Breakup by Function (USD Million), 2024-2032
9.    Singapore Unmanned Aerial Vehicle (UAV) Historical Market: Breakup by End Use (USD Million), 2018-2023
10.    Singapore Unmanned Aerial Vehicle (UAV) Market Forecast: Breakup by End Use (USD Million), 2024-2032
11.    Singapore Unmanned Aerial Vehicle (UAV) Market Structure

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 7.9% between 2024 and 2032.

The unmanned aerial vehicle (UAV) market is categorised according to systems into platform, payload, datalink, ground control station, and UAV launch and recovery system.

The unmanned aerial vehicle (UAV) market key players are Northrop Grumman Corp., BAE Systems Plc, Lockheed Martin Corp., RTX Corp., Boeing Co., Airbus SE, Thales S.A., Safran S.A., and Elbit Systems Ltd., among others.

Based on the functions, the market is divided into inspection and monitoring, remote sensing, product delivery, search and rescue, surveying and mapping, border management, photography and film production and others.

Based on end use the market is broken down into military and defence, civil and commercial, energy and power, logistics and transportation, construction and mining and others.

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