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Europe UAV Propulsion System Market - Analysis and Forecast, 2023-2033

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  • 135 Pages
  • December 2023
  • Region: Europe
  • BIS Research
  • ID: 5914431
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Introduction to Europe UAV Propulsion System Market

The Europe UAV propulsion system market is estimated to reach 3.81 billion USD by 2033 from 2.92 billion USD in 2022, at a CAGR of 2.43% during the forecast period 2023-2033 in terms of value.

The Europe market for UAV propulsion systems is expected to experience substantial growth, primarily driven by defense and government sectors. The need for substantial financial investment in developing propulsion technologies is a key factor behind this growth. However, there is also significant potential for expansion in commercial applications during the forecast period. This can be attributed to the rising utilization of UAVs across various industries, prompting investments in advanced propulsion systems to meet the increasing demands.

Market Introduction

Since its inception in the early 19th century, unmanned aerial vehicles (UAVs) have undergone extensive global research and development efforts. Initially dominated by military applications, the UAV market has evolved to encompass various modules such as sensors, cameras, and LiDAR, expanding their utility in the commercial and civil sectors.

In response to these developments, industry players have prioritized the development of UAV propulsion systems alongside increased manufacturing. Traditional fuel propulsion systems provide advantages such as high cargo casiaity, long flight durations, wide operational range, and quick resupply. However, challenges arise from limited fossil fuel supplies and environmental concerns, prompting increased focus on solar-powered and hybrid/all-electric UAVs through significant research and development investments.

These advancements present lucrative opportunities for market participants. However, the market expansion faces constraints from government regulations and high production costs. The rise in commercial applications has further fueled the growth of the UAV propulsion system market in Europe. Private enterprises are broadening their range of UAV services by incorporating cutting-edge propulsion technologies to attract more clients. Research institutes also contribute significantly to market growth by actively participating in the design, development, and testing of novel UAVs and associated propulsion systems.

To stay competitive, businesses continuously innovate their offerings, collaborating with UAV manufacturers and service providers for propulsion system testing

Market Segmentation:

Segmentation 1: by UAV Type

  • Small UAVs
  • Mini UAVs
  • Micro UAVs
  • Tactical UAVs
  • Medium-Altitude Long-Endurance (MALE)
  • High-Altitude Long-Endurance (HALE)
  • Vertical Take-off and Landing (VTOL)

Segmentation 2: by End User

  • Commercial
  • Military
  • Civil government

Segmentation 3: by Engine Horsepower

  • 10-50 HP
  • 51-100 HP
  • 101-150 HP
  • 151-200 HP
  • Above 200 HP

Segmentation 4: by Engine Type

  • Piston Engine
  • Turbine Engine
  • Turbofan Engine
  • Electrically Powered Engine
  • Wankel Engine
  • Solar-Powered Engine

Segmentation 5: by Region

  • Europe - France, Germany, U.K., and Rest-of-Europe

Key Drivers for Europe UAV Propulsion System Market

The increasing defense and security needs in Europe, coupled with the rising demand for military applications of UAVs, are the primary drivers of the UAV propulsion system market in the region. Furthermore, the expanding range of industrial uses, such as aerial photography, infrastructure inspection, and agriculture, is fostering the adoption of advanced propulsion systems. Technological advancements, particularly in eco-friendly and high-efficiency engines, are fueling innovation in the industry, supported by government initiatives and regulations promoting the growth of the UAV sector. Research and development investments, as well as technology partnerships, are facilitating the development of tailored propulsion systems for the European market. Additionally, the region's interest in satellite deployment and space exploration is contributing to the development of propulsion systems suitable for a wide range of space-related applications.

How can this report add value to an organization?

Product/Innovation Strategy: The service segment helps the reader understand the different end users that will generate the demand for UAV propulsion systems in Europe region. Moreover, the study provides the reader with a detailed understanding of the different UAV propulsion systems based on UAV type (small UAVs, tactical UAVs, MALE, HALE, and VTOL), end user (commercial, military, and civil government), engine horsepower (10-50 HP, 51-100 HP, 101-150 HP, 151-200 HP, and Above 200 HP), and engine type (piston engine, turbine engine, turbofan, Wankel engine, electrically powered engine, and solar-powered engine).

Growth/Marketing Strategy: The Europe UAV propulsion system market has seen major development by key players operating in the market, such as business expansion activities, contracts, product launches, mergers, partnerships, collaborations, and joint ventures. The favored strategy for the companies has been contracted to strengthen their position in the Europe UAV propulsion systems market.

Competitive Strategy: Key players in the Europe UAV propulsion systems market analyzed and profiled in the study involve UAV propulsion system manufacturers. Moreover, a detailed competitive benchmarking of the players operating in the UAV propulsion system market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as contracts, partnerships, agreements, acquisitions, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.


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Table of Contents

1 Markets
1.1 Industry Outlook
1.1.1 UAV Propulsion System Market: Overview
1.1.2 Migration of UAV Operations from Electric to IC Engine Solutions
1.1.3 Emerging Technology Trends Related to IC Engines for UAV
1.1.4 Key UAV Use-Cases Compatible with IC Engine Solutions
1.1.5 Comparative Assessment of Key IC Engines Deployed in UAV
1.1.6 Ongoing and Upcoming programs for UAV Propulsion Systems
1.1.7 Key Supplier for UAV Propulsion System
1.1.8 Start-Ups and Investment Landscape
1.1.9 Supply Chain Analysis
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Rising Procurement of Unmanned Aerial Vehicles by Defense Forces
1.2.1.2 Growing Focus of Manufacturers on Lightweight and Fuel-Efficient Drone Engines
1.2.2 Business Challenges
1.2.2.1 Notable Incidents of Engine Failure and Improper Functioning
1.2.2.2 High Investment Costs and Supply Chain Complexities
1.2.3 Business Strategies
1.2.3.1 New Product Launch
1.2.4 Corporate Strategies
1.2.4.1 Partnerships, Collaborations, Agreements, Contracts, and Others
1.2.5 Business Opportunities
1.2.5.1 Focus of Manufacturers on Developing Sustainable Propulsion Systems for UAVs
1.2.5.2 Ongoing Developments of Electric VTOL Aircraft
2 Europe
2.1 UAV Propulsion System Market (by Region)
2.2 Europe
2.2.1 Market
2.2.1.1 Key Players in Europe
2.2.1.2 Business Drivers
2.2.1.3 Business Challenges
2.2.2 Application
2.2.2.1 Europe UAV Propulsion System Market (by UAV Type), Volume and Value
2.2.2.2 Europe UAV Propulsion System Market (by End User), Volume and Value
2.2.3 Product
2.2.3.1 Europe UAV Propulsion System Market (by Engine Horsepower), Volume and Value
2.2.3.2 Europe UAV Propulsion System Market (by Engine Type), Volume and Value
2.2.4 Europe (by Country)
2.2.4.1 France
2.2.4.1.1 Markets
2.2.4.1.1.1 Key Players in France
2.2.4.1.2 Application
2.2.4.1.2.1 France UAV Propulsion System Market (by UAV Type), Volume and Value
2.2.4.1.2.2 France UAV Propulsion System Market (by End User), Volume and Value
2.2.4.1.3 Product
2.2.4.1.3.1 France UAV Propulsion System Market (by Engine Horsepower), Volume and Value
2.2.4.1.3.2 France UAV Propulsion System Market (by Engine Type), Volume and Value
2.2.4.2 Germany
4.3.4.2.1 Markets
2.2.4.2.1.1 Key Players in Germany
2.2.4.2.2 Application
2.2.4.2.2.1 Germany UAV Propulsion System Market (by UAV Type), Volume and Value
2.2.4.2.2.2 Germany UAV Propulsion System Market (by End User), Volume and Value
2.2.4.2.3 Product
2.2.4.2.3.1 Germany UAV Propulsion System Market (by Engine Horsepower), Volume and Value
2.2.4.2.3.2 Germany UAV Propulsion System Market (by Engine Type), Volume and Value
2.2.4.3 U.K.
2.2.4.3.1 Markets
2.2.4.3.1.1 Key Players in the U.K.
2.2.4.3.2 Application
2.2.4.3.2.1 U.K. UAV Propulsion System Market (by UAV Type), Volume and Value
2.2.4.3.2.2 U.K. UAV Propulsion System Market (by End User), Volume and Value
2.2.4.3.3 Product
2.2.4.3.3.1 U.K. UAV Propulsion System Market (by Engine Horsepower), Volume and Value
2.2.4.3.3.2 U.K. UAV Propulsion System Market (by Engine Type), Volume and Value
2.2.4.4 Rest-of-Europe
2.2.4.4.1 Markets
2.2.4.4.1.1 Key Players in Rest-of-Europe
2.2.4.4.2 Application
2.2.4.4.2.1 Rest-of-Europe UAV Propulsion System Market (by UAV Type), Volume and Value
2.2.4.4.2.2 Rest-of-Europe UAV Propulsion System Market (by End User), Volume and Value
2.2.4.4.3 Product
2.2.4.4.3.1 Rest-of-Europe UAV Propulsion System Market (by Engine Horsepower), Volume and Value
2.2.4.4.3.2 Rest-of-Europe UAV Propulsion System Market (by Engine Type), Volume and Value
3 Markets - Competitive Benchmarking & Company Profiles
3.1 Market Share Analysis
3.2 3W International GmbH
3.2.1 Company Overview
3.2.1.1 Role of 3W International GmbH in the UAV Propulsion System Market
3.2.1.2 Product Portfolio
3.2.2 Business Strategies
3.2.2.1 New Product Developments
3.2.3 Corporate Strategies
3.2.3.1 Partnerships, Collaborations, Agreements, and Contracts
3.2.4 Analyst View
3.3 HIRTH ENGINES GMBH
3.3.1 Company Overview
3.3.1.1 Role of HIRTH ENGINES GMBH in the UAV Propulsion System Market
3.3.1.2 Product Portfolio
3.3.2 Business Strategies
3.3.2.1 New Product Developments
3.3.3 Corporate Strategies
3.3.3.1 Partnerships, Collaborations, Agreements, and Contracts
3.3.4 Analyst View
3.4 Rotron Power Ltd.
3.4.1 Company Overview
3.4.1.1 Role of Rotron Power Ltd. in the UAV Propulsion System Market
3.4.1.2 Product Portfolio
3.4.2 Corporate Strategies
3.4.2.1 5.2.6.3.1 Partnerships, Collaborations, Agreements, and Contracts
3.4.3 Analyst View
3.5 Suter Industries AG
3.5.1 Company Overview
3.5.1.1 Role of Suter Industries AG in the UAV Propulsion System Market
3.5.1.2 Product Portfolio
3.5.2 Corporate Strategies
3.5.2.1 Partnerships, Collaborations, Agreements, and Contracts
3.5.3 Analyst View
3.6 UAV Engines Ltd.
3.6.1 Company Overview
3.6.1.1 Role of UAV Engines Ltd. in the UAV Propulsion System Market
3.6.1.2 Product Portfolio
3.6.2 Analyst View
3.7 Advanced Innovative Engineering Ltd.
3.7.1 Company Overview
3.7.1.1 Role of Advanced Innovative Engineering Ltd. in the UAV Propulsion System Market
3.7.1.2 Product Portfolio
3.7.2 Business Strategies
3.7.2.1 New Product Developments
3.7.3 Corporate Strategies
3.7.3.1 Partnerships, Collaborations, Agreements, and Contracts
3.7.4 Analyst View
3.8 Avio Aero (GE Aviation)
3.8.1 Company Overview
3.8.1.1 Role of Avio Aero (GE Aviation) in the UAV Propulsion System Market
3.8.1.2 Product Portfolio
3.8.2 Corporate Strategies
3.8.2.1 Partnerships, Collaborations, Agreements, and Contracts
3.8.3 Analyst View
3.9 Rolls-Royce Holdings PLC
3.9.1 Company Overview
3.9.1.1 Role of Rolls-Royce Holdings PLC in the UAV Propulsion System Market
3.9.1.2 Product Portfolio
3.9.2 Business Strategies
3.9.2.1 New Product Developments and Fundings
3.9.3 Corporate Strategies
3.9.3.1 Partnerships, Collaborations, Agreements, and Contracts
3.9.4 Analyst View
3.1 Other Key Players
3.10.1 Safran Helicopter Engines
3.10.1.1 Company Overview
3.10.2 Danielson Aircraft Systems Ltd.
3.10.2.1 Company Overview
4 Research Methodology
4.1 Factors for Data Prediction and Modeling
List of Figures
Figure 1: UAV Propulsion System Market, Units, 2022-2033
Figure 2: UAV Propulsion System Market, $Billion, 2022-2033
Figure 3: UAV Propulsion System Market (by UAV Type), Units, 2023 and 2033
Figure 4: UAV Propulsion System Market (by UAV Type), $Million, 2023 and 2033
Figure 5: UAV Propulsion System Market (by End User), Units, 2023 and 2033
Figure 6: UAV Propulsion System Market (by End User), $Million, 2023 and 2033
Figure 7: UAV Propulsion System Market (by Engine Horsepower), Units, 2023 and 2033
Figure 8: UAV Propulsion System Market (by Engine Horsepower), $Million, 2023 and 2033
Figure 9: UAV Propulsion System Market (by Engine Type), Units, 2023 and 2033
Figure 10: UAV Propulsion System Market (by Engine Type), $Million, 2023 and 2033
Figure 11: UAV Propulsion System Market (by Region), $Billion, 2023
Figure 12: Supply Chain Analysis of the UAV Propulsion System Market
Figure 13: Supply Chain Analysis: Procurement of Raw Materials
Figure 14: Supply Chain Analysis: End Users
Figure 15: UAV Propulsion System Market, Business Dynamics
Figure 16: Share of Key Business Strategies and Developments, January 2020-January 2023
Figure 17: UAV Propulsion System Market Share (by Company), $Million, 2022
Figure 18: Research Methodology
Figure 19: Bottom-Up Approach
Figure 20: Assumptions and Limitations
List of Tables
Table 1: Illustrative Examples of Key UAV Use-Cases Compatible with IC Engine Solutions
Table 2: Comparative Assessment of Various IC Engines Deployed in UAVs
Table 3: Comparative Assessment of Various IC Engines deployed in UAVs on the Basis of Technical Parameters
Table 4: Details on Ongoing and Upcoming Programs for UAV propulsion system- Contracts, Investments, and Other Developments
Table 5: List of Key Suppliers Operating in the UAV Propulsion System Market
Table 6: Start-ups and Investment Landscape: Investments, Collaborations, Agreements, and Other Developments
Table 7: Business strategies: New Product Launches, Developments, and Others, January 2020-January 2023
Table 8: Partnerships, Collaborations, Agreements, Contracts, and Others, January 2020-January 2023
Table 9: UAV Propulsion System Market (by Region), Units, 2022-2033
Table 10: UAV Propulsion System Market (by Region), $Million, 2022-2033
Table 11: Europe UAV Propulsion System Market (by UAV Type), Units, 2022-2033
Table 12: Europe UAV Propulsion System Market (by UAV Type), $Million, 2022-2033
Table 13: Europe UAV Propulsion System Market (by End User), Units, 2022-2033
Table 14: Europe UAV Propulsion System Market (by End User), $Million, 2022-2033
Table 15: Europe UAV Propulsion System Market (by Commercial End User), Units, 2022-2033
Table 16: Europe UAV Propulsion System Market (by Commercial End User), $Million, 2022-2033
Table 17: Europe UAV Propulsion System Market (by Military End User), Units, 2022-2033
Table 18: Europe UAV Propulsion System Market (by Military End User), $Million, 2022-2033
Table 19: Europe UAV Propulsion System Market (by Civil Government End User), Units, 2022-2033
Table 20: Europe UAV Propulsion System Market (by Civil Government End User), $Million, 2022-2033
Table 21: Europe UAV Propulsion System Market (by Engine Horsepower), Units, 2022-2033
Table 22: Europe UAV Propulsion System Market (by Engine Horsepower), $Million, 2022-2033
Table 23: Europe UAV Propulsion System Market (by Engine Type), Units, 2022-2033
Table 24: Europe UAV Propulsion System Market (by Engine Type), $Million, 2022-2033
Table 25: France UAV Propulsion System Market (by UAV Type), Units, 2022-2033
Table 26: France UAV Propulsion System Market (by UAV Type), $Million, 2022-2033
Table 27: France UAV Propulsion System Market (by End User), Units, 2022-2033
Table 28: France UAV Propulsion System Market (by End User), $Million, 2022-2033
Table 29: France UAV Propulsion System Market (by Commercial End User), Units, 2022-2033
Table 30: France UAV Propulsion System Market (by Commercial End User), $Million, 2022-2033
Table 31: France UAV Propulsion System Market (by Military End User), Units, 2022-2033
Table 32: France UAV Propulsion System Market (by Military End User), $Million, 2022-2033
Table 33: France UAV Propulsion System Market (by Civil Government End User), Units, 2022-2033
Table 34: France UAV Propulsion System Market (by Civil Government End User), $Million, 2022-2033
Table 35: France UAV Propulsion System Market (by Engine Horsepower), Units, 2022-2033
Table 36: France UAV Propulsion System Market (by Engine Horsepower), $Million, 2022-2033
Table 37: France UAV Propulsion System Market (by Engine Type), Units, 2022-2033
Table 38: France UAV Propulsion System Market (by Engine Type), $Million, 2022-2033
Table 39: Germany UAV Propulsion System Market (by UAV Type), Units, 2022-2033
Table 40: Germany UAV Propulsion System Market (by UAV Type), $Million, 2022-2033
Table 41: Germany UAV Propulsion System Market (by End User), Units, 2022-2033
Table 42: Germany UAV Propulsion System Market (by End User), $Million, 2022-2033
Table 43: Germany UAV Propulsion System Market (by Commercial End User), Units, 2022-2033
Table 44: Germany UAV Propulsion System Market (by Commercial End User), $Million, 2022-2033
Table 45: Germany UAV Propulsion System Market (by Military End User), Units, 2022-2033
Table 46: Germany UAV Propulsion System Market (by Military End User), $Million, 2022-2033
Table 47: Germany UAV Propulsion System Market (by Civil Government End User), Units, 2022-2033
Table 48: Germany UAV Propulsion System Market (by Civil Government End User), $Million, 2022-2033
Table 49: Germany UAV Propulsion System Market (by Engine Horsepower), Units, 2022-2033
Table 50: Germany UAV Propulsion System Market (by Engine Horsepower), $Million, 2022-2033
Table 51: Germany UAV Propulsion System Market (by Engine Type), Units, 2022-2033
Table 52: Germany UAV Propulsion System Market (by Engine Type), $Million, 2022-2033
Table 53: U.K. UAV Propulsion System Market (by UAV Type), Units, 2022-2033
Table 54: U.K. UAV Propulsion System Market (by UAV Type), Units, 2022-2033
Table 55: U.K. UAV Propulsion System Market (by End User), Units, 2022-2033
Table 56: U.K. UAV Propulsion System Market (by End User), $Million, 2022-2033
Table 57: U.K. UAV Propulsion System Market (by Commercial End User), Units, 2022-2033
Table 58: U.K. UAV Propulsion System Market (by Commercial End User), $Million, 2022-2033
Table 59: U.K. UAV Propulsion System Market (by Military End User), Units, 2022-2033
Table 60: U.K. UAV Propulsion System Market (by Military End User), $Million, 2022-2033
Table 61: U.K. UAV Propulsion System Market (by Civil Government End User), Units, 2022-2033
Table 62: U.K. UAV Propulsion System Market (by Civil Government End User), $Million, 2022-2033
Table 63: U.K. UAV Propulsion System Market (by Engine Horsepower), Units, 2022-2033
Table 64: U.K. UAV Propulsion System Market (by Engine Horsepower), $Million, 2022-2033
Table 65: U.K. UAV Propulsion System Market (by Engine Type), Units, 2022-2033
Table 66: U.K. UAV Propulsion System Market (by Engine Type), $Million, 2022-2033
Table 67: Rest-of-Europe UAV Propulsion System Market (by UAV Type), Units, 2022-2033
Table 68: Rest-of-Europe UAV Propulsion System Market (by UAV Type), $Million, 2022-2033
Table 69: Rest-of-Europe UAV Propulsion System Market (by End User), Units, 2022-2033
Table 70: Rest-of-Europe UAV Propulsion System Market (by End User), $Million, 2022-2033
Table 71: Rest-of-Europe UAV Propulsion System Market (by Commercial End User), Units, 2022-2033
Table 72: Rest-of-Europe UAV Propulsion System Market (by Commercial End User Type), $Million, 2022-2033
Table 73: Rest-of-Europe UAV Propulsion System Market (by Military End User), Units, 2022-2033
Table 74: Rest-of-Europe UAV Propulsion System Market (by Military End User), $Million, 2022-2033
Table 75: Rest-of-Europe UAV Propulsion System Market (by Civil Government End User), Units, 2022-2033
Table 76: Rest-of-Europe UAV Propulsion System Market (by Civil Government End User), $Million, 2022-2033
Table 77: Rest-of-Europe UAV Propulsion System Market (by Engine Horsepower), Units, 2022-2033
Table 78: Rest-of-Europe UAV Propulsion System Market (by Engine Horsepower), $Million, 2022-2033
Table 79: Rest-of-Europe UAV Propulsion System Market (by Engine Type), Units, 2022-2033
Table 80: Rest-of-Europe UAV Propulsion System Market (by Engine Type), $Million, 2022-2033
Table 81: 3W International GmbH: Product Portfolio
Table 82: 3W International GmbH: New Product Developments
Table 83: 3W International GmbH: Partnerships, Collaborations, Agreements, and Contracts
Table 84: HIRTH ENGINES GMBH: Product Portfolio
Table 85: HIRTH ENGINES GMBH: New Product Developments
Table 86: HIRTH ENGINES GMBH: Partnerships, Collaborations, Agreements, and Contracts
Table 87: Rotron Power Ltd.: Product Portfolio
Table 88: Rotron Power Ltd.: Partnerships, Collaborations, Agreements, and Contracts
Table 89: Suter Industries AG: Product Portfolio
Table 90: Suter Industries AG: Partnerships, Collaborations, Agreements, and Contracts
Table 91: UAV Engines Ltd.: Product Portfolio
Table 92: Advanced Innovative Engineering Ltd.: Product Portfolio
Table 93: Advanced Innovative Engineering Ltd.: New Product Developments
Table 94: Advanced Innovative Engineering Ltd.: Partnerships, Collaborations, Agreements, and Contracts
Table 95: Avio Aero (GE Aviation): Product Portfolio
Table 96: Avio Aero (GE Aviation): Partnerships, Collaborations, Agreements, and Contracts
Table 97: Rolls-Royce Holdings PLC: Product Portfolio
Table 98: Rolls-Royce Holdings PLC: New Product Developments and Fundings
Table 99: Rolls-Royce Holdings PLC: Partnerships, Collaborations, Agreements, and Contracts

Executive Summary

The Europe UAV propulsion system market is estimated to reach $3.81 billion by 2033, reveals the premium market intelligence study. The study also highlights that the market is set to witness a CAGR of 2.43% during the forecast period 2023-2033.

The Europe UAV Propulsion System Market: Drivers and Challenges

The strong military spending and presence of prominent players operating in the UAV propulsion system market are augmenting the market growth in the Europe region.

The growth of the Europe market is limited by strict environmental rules and regulations, in addition to the region being home to highly competitive key players, suppressing the small-scale players from entering the Europe region, thereby restricting the market growth.

USPs of report

  • Analysis of business drivers and challenges of the Europe UAV Propulsion System Market
  • Detailed analysis of UAV Propulsion System Market for Germany, France, and U.K.
  • A detailed company profile comprising established players and growing startups

Analyst’s Perspective on UAV Propulsion System Market

The Principal Analyst states, the deployment of unmanned aerial systems is growing across various applications. Owing to the growing need for long-duration and long-distance missions, drones with IC engines are being preferred over the ones with electric propulsion. This is also driving the migration of drone platforms to IC engines from existing electric-based propulsion systems. The need for IC engines for drone platforms is growing as a consequence. With many types of drones being developed for different use cases, the demand for electric and IC engine-based propulsion capabilities will grow moving forward. The drone manufacturers will remain critical in deciding which platforms are available across electric and IC engine variants.

Key manufacturers of UAV propulsion systems operating in Europe include:

  • 3W International GmbH
  • HIRTH ENGINES GMBH
  • Rotron Power Ltd.
  • Suter Industries AG
  • UAV Engines Ltd.
  • Advanced Innovative Engineering Ltd.
  • Avio Aero (GE Aviation)
  • Rolls-Royce Holdings PLC

Key Questions Answered in the Report

  • What are the key drivers, restraints, and opportunities for Europe UAV propulsion system market?
  • How is the market expected to grow during the forecast period 2023-2033?
  • What are the key developmental strategies implemented by the key players to sustain in this highly competitive market?

Companies Mentioned

  • 3W International GmbH
  • HIRTH ENGINES GMBH
  • Rotron Power Ltd.
  • Suter Industries AG
  • UAV Engines Ltd.
  • Advanced Innovative Engineering Ltd.
  • Avio Aero (GE Aviation)
  • Rolls-Royce Holdings PLC
  • Safran Helicopter Engines
  • Danielson Aircraft Systems Ltd.

Table Information

Report AttributeDetails
No. of Pages135
PublishedDecember 2023
Forecast Period2023 - 2033
Estimated Market Value ( USD ) in 2023 $ 2.99 Billion
Forecasted Market Value ( USD ) by 2033 $ 3.81 Billion
Compound Annual Growth Rate2.4%
Regions CoveredEurope
No. of Companies Mentioned10

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About the Market

The UAV Propulsion System market is a key component of the Unmanned Aerial Vehicles (UAVs) - Drones industry. UAV propulsion systems are responsible for providing the thrust necessary for the drone to move through the air. These systems typically consist of an engine, propeller, and fuel system. The engine is the main power source, while the propeller converts the engine's power into thrust. The fuel system is responsible for providing the necessary fuel to the engine. UAV propulsion systems are typically designed to be lightweight and efficient, allowing for longer flight times and greater maneuverability. Additionally, they must be reliable and durable, as they are exposed to a variety of environmental conditions. As the UAV industry continues to grow, the demand for more efficient and reliable propulsion systems is increasing. Some of the major companies in the UAV Propulsion System market include AeroVironment, Inc., BAE Systems, Boeing, Lockheed Martin, Northrop Grumman, and Safran. These companies are all involved in the development and production of UAV propulsion systems, as well as other components of UAVs. Show Less Read more

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