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U.S Drone Market Is Projected To Expand Rapidly At 22.2% Cagr By 2032

U.S. Drone Market Outlook (2022-2032)

The U.S. drone market is projected to expand rapidly at 22.2% CAGR to reach a market valuation of US$ 82.9 billion by 2032, up from US$ 11.1 billion in 2022.

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Categorization of U.S. Drone Industry Research

Competitive Landscape: Top Companies in Drone Market

The U.S. drone market is expanding rapidly on the back of innovation being undertaken by key players in the market. Prominent drone manufacturers are incorporating advanced features and functions in drones and are also focusing on research & development and collaborative activities to gain an edge over their competitors in the market.

Companies are also focusing on state-of-the-art manufacturing processes and tools such as advanced assemble techniques, robotic automation, etc., leading to quality enhancement in the market.

For instance :

  1. The Boeing Company, in 2021, set up a new factory to produce a carrier-based drone for the U.S. navy in Illinois. This production expansion will result in high-fidelity models, thereby driving efficiency, quality, and flexibility throughout the production process.
  2. Northrop Grumman and Martin UAV conducted successful flight testing of an unmanned aircraft system in 2021.

Fact.MR has provided detailed information about the price points of key manufacturers of drones positioned across the U.S., sales growth, production capacity, and speculative technological expansion, in the recently published report.

 

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