Unmanned Composites Market Growth, Analysis, Latest Trends and Forecast till 2025

Northbrook, USA, 2021-Oct-21 — /EPR Network/ —

The report “Unmanned Composites Market by Application (Interior, Exterior), Platform (UAV, USV, UGV, AUV, ROV, Passenger Drones, Autonomous Ships), Type (CFRP, GFRP, AFRP, BFRP), Subtype (Fiber, Matrix) and Region – Global Forecast to 2025″, is projected to grow from USD 1.1 billion in 2019 to USD 2.7 billion by 2025, at a CAGR of 15.52% from 2019 to 2025. Factors such as increased reliability and durability of composites and rise in demand composite materials to provide lightweight structures in unmanned systems are expected to fuel the growth of the unmanned composites market.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=242948844

Autonomous Underwater Vehicle (AUV) composites market is projected to grow at the highest CAGR during the forecast period

Based on platform, the Autonomous Underwater Vehicle (AUV) composite segment is expected to lead the unmanned composites market during the forecast period. This segment is projected to grow at the highest CAGR during the forecast period. AUV is a programmable autonomous robot utilized for underwater survey missions that include detecting and mapping submerged wrecks, rocks, and obstructions.

Unmanned Carbon Fiber Reinforced Polymer (CFRP) composites market of the market to witness the highest growth rate during the forecast period

Based on type, the unmanned Carbon Fiber Reinforced Polymer (CFRP) composites segment of the unmanned composites market is expected to grow at the highest CAGR during the forecast 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 for all commercial applications. These factors are driving the growth of the CFRP segment.

Europe expected to be the fastest-growing market for unmanned composites during the forecast period

Europe is estimated to lead the unmanned composites market during the forecast period. The market growth in Europe is supported by an increase in deliveries of unmanned systems and a rise in demand for composite materials to provide a lightweight structure to unmanned systems. Also, the huge presence of composite manufacturers providing composites to the manufacturers of unmanned systems is driving the demand for unmanned composites in Europe.

Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=242948844

Some of the major players in the unmanned composites market include Gurit (Switzerland), Hexcel Corporation (US), Materion Corporation (US), Mitsubishi Rayon (Japan), Owens Corning (US), Renegade Materials Corporation (US), Solvay (Belgium), Stratasys (US), Teijin Limited (Japan), Teledyne (US), and Toray Industries (Japan).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com