A composite is a combination of at least two materials, of which one is a binding material called the matrix, and the other is a reinforcement material, which is generally a fiber. The matrix can be metallic, ceramic, or polymeric, and the fiber can be carbon, glass, boron, or aramid. The material that holds the fiber and binding material together is termed as a resin, which can be epoxies, vinyl esters, polyurethanes, phenolic, and unsaturated polyesters. In case of fiber composites, the reinforcement determines the properties, while the matrix holds the reinforcement in place to yield composites called fiber composites. Composite materials are used in the manufacturing processes in various sectors such as transportation, aerospace & defense, and construction. The unmanned composites market covers matrices and reinforcement materials such as Carbon Fiber Reinforced Polymer (CFRP), Glass Fiber Reinforced Polymer (GFRP), Boron Fiber Reinforced Polymer (BFRP), and Aramid Fiber Reinforced Polymer (AFRP), which are used in the manufacturing of unmanned systems, such as Unmanned Aerial Vehicle (UAV), Unmanned Underwater Vehicle (UUV), Unmanned Surface Vehicle (USV), and Unmanned Ground Vehicle (UGV). _______________ 1. Micromarkets are defined as the further segments and subsegments of the unmanned composites market included in the report. 2. Core competencies of companies have been captured, in terms of their key developments, SWOT analyses, and key strategies adopted by them to sustain their positions in the market.
Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad product offering that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and their well-established brand equity.
Dynamic Differentiators are established players with very strong business strategies. However, they have a weaker product portfolio compared to the visionary leaders. They generally focus only on a specific type of technology related to the product.
Innovators in the competitive leadership mapping are vendors that have demonstrated substantial product innovations as compared to their competitors. The companies have focused on product portfolios. However, they do not have very strong growth strategies for their overall business, when compared with the visionary leaders.
Emerging companies have niche product and service offerings. Their business strategies are not as strong as that of the established vendors. The emerging vendors include the new entrants in the market, emerging in terms of product portfolio and geographic reach, and require time to gain significant traction in the market.