| Product Code: ETC5863443 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Cyprus continues to see a steady increase in unmanned composites import shipments, with top exporters including Greece, Italy, China, Germany, and Spain. The market shows a healthy level of competition, as indicated by the low Herfindahl-Hirschman Index (HHI) concentration in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 stands at a robust 6.97%, with a notable growth rate of 8.04% from 2023 to 2024, reflecting a promising outlook for the unmanned composites market in Cyprus.

The unmanned composites market in Cyprus is influenced by the use of lightweight, durable materials in drones and other unmanned systems. Composites offer advantages such as reduced weight, improved fuel efficiency, and enhanced strength, making them ideal for the aerospace and defense sectors. The market is driven by the increasing deployment of unmanned systems for surveillance, agricultural monitoring, and environmental research. As demand for advanced drones grows, so does the need for high-performance composite materials that enhance their capabilities.
The unmanned composites market in Cyprus is driven by the increasing demand for lightweight, durable materials in the production of unmanned aerial vehicles (UAVs), unmanned ground vehicles (UGVs), and unmanned underwater vehicles (UUVs). Composites such as carbon fiber and fiberglass offer high strength-to-weight ratios, making them ideal for improving the efficiency and range of unmanned systems. The growth of the defense and surveillance sectors, coupled with the rise in commercial drone applications, has boosted the demand for advanced composite materials. Additionally, advancements in manufacturing technologies and the push for greener, more fuel-efficient unmanned systems contribute to market growth.
The unmanned composites market in Cyprus is hindered by challenges associated with the high costs and complexity of composite materials. The initial investment required for research, development, and production can be a barrier for local manufacturers. Additionally, there is a lack of skilled labor knowledgeable in composite technologies, limiting the ability of companies to innovate and compete effectively. Regulatory hurdles also present challenges, as companies must navigate complex laws and safety standards when developing unmanned systems. Furthermore, market awareness about the advantages of unmanned composite applications remains low, which can stifle demand for new technologies.
The unmanned composites market in Cyprus is influenced by advancements in drone technology and their applications in various sectors, including agriculture, surveillance, and transportation. Government policies promoting innovation in unmanned systems and supporting research and development initiatives are crucial for market growth. Additionally, regulations concerning aerial operations and safety standards encourage the adoption of composite materials that enhance the performance and durability of unmanned vehicles. As the demand for unmanned solutions increases, supported by government initiatives, the composites market is expected to expand accordingly.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cyprus Unmanned Composites Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Unmanned Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Unmanned Composites Market - Industry Life Cycle |
3.4 Cyprus Unmanned Composites Market - Porter's Five Forces |
3.5 Cyprus Unmanned Composites Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Cyprus Unmanned Composites Market Revenues & Volume Share, By Platform, 2021 & 2031F |
3.7 Cyprus Unmanned Composites Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Cyprus Unmanned Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Unmanned Composites Market Trends |
6 Cyprus Unmanned Composites Market Segmentations |
6.1 Cyprus Unmanned Composites Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Unmanned Composites Market Revenues & Volume, By Interior, 2021-2031F |
6.1.3 Cyprus Unmanned Composites Market Revenues & Volume, By Exterior, 2021-2031F |
6.2 Cyprus Unmanned Composites Market, By Platform |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Unmanned Composites Market Revenues & Volume, By Unmanned Aerial Vehicle (UAV), 2021-2031F |
6.2.3 Cyprus Unmanned Composites Market Revenues & Volume, By Unmanned Ground Vehicle (UGV), 2021-2031F |
6.2.4 Cyprus Unmanned Composites Market Revenues & Volume, By Unmanned Surface Vehicle (USV), 2021-2031F |
6.2.5 Cyprus Unmanned Composites Market Revenues & Volume, By Autonomous Underwater Vehicle (AUV), 2021-2031F |
6.2.6 Cyprus Unmanned Composites Market Revenues & Volume, By Remotely Operated Vehicle (ROV), 2021-2031F |
6.2.7 Cyprus Unmanned Composites Market Revenues & Volume, By Autonomous Ship, 2021-2031F |
6.3 Cyprus Unmanned Composites Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Unmanned Composites Market Revenues & Volume, By Carbon Fiber Reinforced Polymer (CFRP), 2021-2031F |
6.3.3 Cyprus Unmanned Composites Market Revenues & Volume, By Glass Fiber Reinforced Polymer (GFRP), 2021-2031F |
6.3.4 Cyprus Unmanned Composites Market Revenues & Volume, By Aramid Fiber Reinforced Polymer (AFRP), 2021-2031F |
6.3.5 Cyprus Unmanned Composites Market Revenues & Volume, By Boron Fiber Reinforced Polymer (BFRP), 2021-2031F |
7 Cyprus Unmanned Composites Market Import-Export Trade Statistics |
7.1 Cyprus Unmanned Composites Market Export to Major Countries |
7.2 Cyprus Unmanned Composites Market Imports from Major Countries |
8 Cyprus Unmanned Composites Market Key Performance Indicators |
9 Cyprus Unmanned Composites Market - Opportunity Assessment |
9.1 Cyprus Unmanned Composites Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Cyprus Unmanned Composites Market Opportunity Assessment, By Platform, 2021 & 2031F |
9.3 Cyprus Unmanned Composites Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Cyprus Unmanned Composites Market - Competitive Landscape |
10.1 Cyprus Unmanned Composites Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Unmanned Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |