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NASDAQ:AVNT News 29 May 2025 - 16 July 2025

Global Drone Market Set to Soar: Inside the $90B+ UAV Boom by 2030

Global Drone Market Set to Soar: Inside the $90B+ UAV Boom by 2030

The global drone market is projected to grow from about $42 billion in 2025 to nearly $90 billion by 2030, a CAGR of roughly 13–14%. The Drone Industry Insights forecast excludes passenger eVTOLs and estimates the overall drone market at $57.8 billion by 2030, up from about $40.6 billion in 2025. DaaS (Drones-as-a-Service) is projected to reach $179 billion by 2030 across industries. In 2024, commercial and consumer (civil) UAVs together accounted for about 52.5% of global drone revenue, making the commercial sector the largest by value. Industrial applications dominate the market, with energy/utilities contributing about $4.66 billion in 2023
Global Drone Industry: 2025 Market Report

Global Drone Industry: 2025 Market Report

The global drone market was valued at about $73 billion in 2024 and is forecast to reach $163+ billion by 2030, with a 14%+ CAGR in the latter 2020s. Military and defense end-use accounted for about 60% of total drone market value in 2024. DJI held an estimated 70%+ share of the global drone market by 2024. Ukraine produced over 2 million drones domestically in 2024 and, per President Zelensky in early 2025, has the capacity to build 4 million drones annually. Baykar’s TB2 armed drone has endurance over 24 hours and by 2024 Baykar had export deals with 30
Drones in Ukraine (2022–2025): A Comprehensive Report

Drones in Ukraine (2022–2025): A Comprehensive Report

By late 2023, nearly every Ukrainian combat brigade had integrated drones, with dedicated UAV units for surveillance, artillery spotting, and attack missions. Small off-the-shelf DJI Mavic quadcopters, priced around $1,500–$3,000, were widely used for frontline reconnaissance and artillery correction. FPV kamikaze drones cost as little as $400–$500 to assemble and have been linked to a large share of Russian losses, with estimates of 60–80%. UkrJet’s UJ-22 has an 800 km range for long-range strikes, while Antonov’s Lyuty reportedly has a 750 km range and a sub-$200,000 price per unit. By end-2024 Ukraine conducted the world’s first fully unmanned joint attack
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