1. Market Research
  2. > Aerospace and Defence Market Trends
  3. > Global Military Unmanned Aerial Vehicles Market Assessment

Global Military Unmanned Aerial Vehicles Market Assessment

  • September 2014
  • -
  • Frost & Sullivan
  • -
  • 170 pages

Summary

Table of Contents

Demand in Asia to Incite Growth Despite US Slowdowns

This research service provides an assessment of the global military unmanned aerial vehicles (UAVs). Despite a slowdown, the United States will remain the major market for UAVs. Also, demand from the Asia-Pacific and Europe will partially supplement reduced revenue from the United States. This market analysis focuses on revenue opportunities for new procurements and support-in-service (SIS) revenues for UAVs. In addition, 6 platform types are assessed for the global market and by region, namely: North America, Europe, Latin America, Asia-Pacific, the Middle East, and Africa. The analysis covers market forecasts and trends from the base year, 2013, until 2022.

Key Findings
-The total value of the global military unmanned aerial vehicles (UAVs) market was worth $ billion in 2013 and will reach $ billion by 2022.
-The global market for military UAVs is expected to witness a slight decline during the medium term, which is predominantly due to the reduction in spending by the United States. This reduction in revenues will be partially compensated by demand from Europe and Asia-Pacific (APAC).
-The North American military UAV market will be worth $ billion from 2013 to 2022, which is followed by Asia-Pacific with $billion and Europe at $ billion.
-The Middle East market will be worth $ billion and will register a compound annual growth rate (CAGR) of % from 2013 to 2022.
-The African and Latin American markets will remain modest during the forecast period.
-Medium-altitude, long-endurance (MALE) UAVs remain the most lucrative segment in terms of procurement volumes and revenues. Although high-altitude, long-endurance (HALE) UAVs are on the wish list of many countries, they still remain unaffordable for many nations.
-Demand for tactical and tactical small UAVs will be mostly from countries who are new to adopting UAV capabilities and those that are developing their UAV capabilities.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Geospatial Analytics Market by Type, Technology, Application, Vertical, and Region - Global Forecast to 2021

Geospatial Analytics Market by Type, Technology, Application, Vertical, and Region - Global Forecast to 2021

  • $ 7150
  • Industry report
  • January 2017
  • by MarketsandMarkets

“Geospatial analytics market projected to grow at a CAGR of 19.2%” The geospatial analytics market is projected to grow from USD 30.71 billion in 2016 to USD 73.91 billion by 2021, at a CAGR of 19.2%. ...

Global Small UAV Market (2017 - 2022)

Global Small UAV Market (2017 - 2022)

  • $ 4250
  • Industry report
  • January 2017
  • by Mordor Intelligence LLP

The Global Small UAV Market is expected to grow at a CAGR of 10.84% to reach $ X.XX billion by the year 2020. The larger unmanned aerial vehicles such as HALE, MALE are used largely by the military in ...

Global UAV Flight Training and Simulation Market (2017 - 2022)

Global UAV Flight Training and Simulation Market (2017 - 2022)

  • $ 4250
  • Industry report
  • January 2017
  • by Mordor Intelligence LLP

The global unmanned aerial vehicle (UAV) flight training and simulation market is expected to grow at a CAGR of 7.31% during the forecast period. Currently, this market has growing acceptance, cost effectiveness, ...

Global Uav Market (2017 - 2022)

February 2017 $ 4250

ref:plp2014

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.