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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

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.*

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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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+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

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+44-753-713-2163

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+84-865-399-124