Growth Opportunities in the Military UAV Swarm Industry—2023

Amid lessons learned from the Russo-Ukrainian War and other real and simulated battlefield experiences, the demand for military swarm drone systems will present opportunities for defense primes and innovative start-ups worldwide through 2025 and probably beyond. Swarm technology today involves small, cheap drones rather than larger, more expensive unmanned aerial vehicles (UAVs), offering end users efficiency in terms of cost and time. As swarm technologies evolve, Frost & Sullivan expects operational efficiency to increase dramatically and thus become a priority in national defense budgets. This Frost & Sullivan Aerospace & Defense practice report examines trends and broadly discusses drivers and restraints in the dynamic and vibrant drone swarm industry. It covers three main swarm domains: micro/mini UAVs, small UAVs, and lethal miniature aerial missile systems (LMAMS). Interest in LMAMS is increasing, although the implications as a weapon of mass destruction are still being evaluated. The report discusses leading programs in the United States, United Kingdom, Israel, and other parts of Europe and the Middle East, focusing on vendors and the technological and operational demands (e.g., artificial intelligence and manned-unmanned teaming) from military end users. Growth opportunities in the industry evaluate emerging arenas of focus, relevant business models, and innovative technologies.