Development and procurement of the Global Unmanned Aerial Vehicle (UAV) market is being driven by various forces. Territorial disputes, security threats, regional arms race in the Middle East and Asia-Pacific, counterterrorism operations and modernization initiatives are all driving demand.

 

Additionally, with a growing importance for network-centric warfare, a communicating fleet of UAVs can provide force protection, precision attack capaibilities and actively control the battle space. Unmanned Combat Aerial Vehicles (UCAVs) are anticipated to be the largest catergory in the market due to the growing preference to acquire armed UAVs which can perform swift air-to-ground strike missions.

Military UAV market set to grow at a CAGR of 3.14%. Currently, the Asia-Pacific region is anticipated to dominate the market due to the large investments by China and India, followed by North America and Europe.

 

Why should I buy this report?

• Gain in-depth understanding about the underlying factors driving demand for different military UAV segments.
• Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments.
• Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top military UAV providers around the world.