Military UAV Market Worth $13.7 Billion by 2026 – HALE UAVs and UCAVs to Account 34% and 29% Share
The global military UAV market will be driven by internal and external security threats, territorial disputes, and modernization initiatives undertaken by armed forces across the world. Significant UAV customers include countries in the North American and Asia Pacificregion, and the global UAV market will be dominated by the US throughout the forecast period.Asia Pacific’s share of the global UAV market is also projected to increase, largely due to a number of international territorial conflicts and insurgency issues.
Complete report military UAV market spread across 165 pages, analysing 18 companies is now available at http://www.reportsnreports.com/reports/602020-the-global-military-uav-market-2016-2026.html . (Report will be available from 26th June 2016).
Key Findings: The global military UAV market values US$8.5 billion in 2016, and is expected to grow at a CAGR of 4.89%, to value US$13.7 billion by 2026. North America is projected to dominate the market with a share of 32% over the forecast period, followed Europe at 31%, and Asia Pacific at 30%.The Middle Eastern market for UAVs is expected to account for a share of 4%, followed by the Latin American and African markets with a cumulative share of 2%, HALE UAVs and UCAVs are expected to account for 34% and 29% of the global military UAV market respectively, followed by MALE UAVs, TUAVs, VTOL-UAVs, and MUAVs, with respective shares of 19%, 9%, 6% and 3%.
The Global Military UAV Market 2016-2026 report offers a detailed analysis of the industry, with market size forecasts covering the next ten years and
Market size and drivers: detailed analysis during 2016-2026, including highlights of the demand drivers and growth stimulators. It also provides a snapshot of the spending and modernization patterns of different regions around the world.
Recent developments and industry challenges: insights into technological developments and a detailed analysis of the changing preferences of military UAV segments around the world. It also provides trends of the changing industry structure and the challenges faced by industry participants.
Regional highlights: study of the key markets in each region, providing an analysis of the key segments of the market that are expected to be in demand.
This military UAV market research, available starting June 26, 2016 can be ordered online athttp://www.reportsnreports.com/purchase.aspx?name=602020 .
Major programs: details of the key programs in each segment, which are expected to be executed during 2016-2026.
Competitive landscape and strategic insights: analysis of the competitive landscape of the global market. It provides an overview of key players, together with information regarding key alliances, strategic initiatives, and financial analysis.
Major Points from Table of Contents for The Global Military UAV Market 2016-2026 Report include
Global Military UAV Market -Overview
Market Dynamics that includes Demand Drivers, Trends, Technological Developments and Key Challenges
Military UAV Market -Segment Analysis that includes Market size and CAGR growth analysis, 2016-2026; Change in market share, 2016-2026 for HALE UAV, UCAV, MALE UAV, TUAV, TUAV and MUAV
Regional Review includes Defence capital expenditure; Capex forecast, 2016-2026; Factors influencing military modernization programs
Military UAV Market -Regional Analysis includes Regional overview; Factors driving spending within the region; Regional expenditure on each sub-segment , 2016-2026; Market Size and CAGR growth analysis, 2016-2026; Change in market share, 2016-2026
Trend Analysis – Key Defence Markets
Key Programs Analysis
Competitive Landscape Analysis of 18 leading companies in military UAV market.
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On a related note, Global VTOL UAV Market 2016-2020 report forecasts a 10.83% CAGR for VTOL UAV industry to 2021 while discussing key vendors like AeroVironment, Israel Aerospace Industries, Lockheed Martin, SAAB and Northrop Grumman. Read more athttp://www.reportsnreports.com/reports/533923-global-vtol-uav-market-2016-2020.html .