Unmanned systems market projected to reach 117.84 billion USD by 2031

SEMABIZ has announced the release of a new market research report by MarketsandMarkets focusing on the global unmanned systems (UxV) market. The report forecasts that the market will grow from 53.49 billion USD in 2026 to 117.84 billion USD by 2031, representing a compound annual growth rate (CAGR) of 17.1%.

Growth is driven by expanding use across defense, commercial, government, and public safety sectors in aerial, ground, surface, and underwater environments. Key applications include surveillance, logistics, infrastructure inspection, and agriculture. Technological advancements in AI, sensors, and autonomous navigation are expected to expand the scope of these systems.

Northrop Grumman, Teledyne Technologies, and Lockheed Martin are identified as major players with significant market share. The North American market is projected to see the highest CAGR of 24.1% between 2026 and 2031, while the unmanned mobile vehicle (UMV) segment is expected to be the fastest-growing sub-segment.