The Europe Tactical UAV Market size is estimated at USD 1.45 billion in 2024, and is expected to reach USD 2.72 billion by 2029, growing at a CAGR of greater than 13.31% during the forecast period (2024-2029).
The Europe tactical UAV market is semi-consolidated in nature, with a presence of few local and global players holding significant shares in the market. Some of the key players in the market are Leonardo S.p.A., The Boeing Company, AeroVironment Inc., Safran, and Israel Aerospace Industries Ltd. In Europe, there are growing collaborations between players from various nations for the development of advanced tactical UAVs.
For instance, Airbus, Dassault Aviation, and Leonardo are developing the European Medium Altitude Long Endurance Remotely Piloted Aircraft System (MALE RPAS), a twin-turboprop MALE UAV, for Germany, France, Italy, and Spain. The UAV will be introduced in 2025. Players are focusing on integrating advanced technologies, like artificial intelligence, stealth, advanced electronic warfare capabilities, and better avionics, into the existing systems to further enhance the capabilities of tactical UAVs. This will help the companies gain new contracts, thereby propelling their growth during the forecast period.
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