The "Global
Unmanned Combat Aerial Vehicle Market - Segmented By Performance, Type
and Geography - Market Trends, Opportunities and Challenges (2018 -
2023)" report has been added to ResearchAndMarkets.com's
offering.
The global unmanned combat aerial vehicles or UCAVs market is expected
to register a CAGR close to 10% during the forecast period, 2018 to 2023.
The changing nature of advanced warfare is likely to drive the growth prospects for the global unmanned combat aerial vehicle (UCAV) market from 2017 to 2021.
Currently a total of 28 countries use unmanned combat aerial vehicles in
active service, a number, which will go only higher as the years go by.
Large number of territorial disputes existing between the nations that
specifically include the Asia Pacific and the MEA region are expected to
fuel the overall demands for development and manufacture. Some of the
chief countries involved in territorial disputes that utilize these
drones for various operations include China, India, Iran, Israel, North
Korea, Pakistan, Taiwan, and Turkey.
Some of the major economies that utilize these operational armed drones
include Egypt, France, Germany, Italy, Mexico, the Netherlands, UK and
the U.S. These countries are increasingly focusing on the development of
these UAVs for domestic warfare and counter-insurgency, which are
extensively used to monitor disputed areas and enhance the country
security at a lower cost. The changing nature of next generation warfare
will propel the global unmanned combat aerial vehicle market in the
coming years.
Currently there are only a handful of countries, which possess this technology namely US of America, Israel, China, United Kingdom etc. The Unmanned Combat Aerial Vehicle Market has been growing at a tremendous pace, as is evidence by the large number of deals taking place in this sector.
Major Market Developments
- Poalim and Israel aerospace industries announced strategic blockchain and cyber collaboration
- BAE Systems and Cranfield University developed dual-mode UAVs for armed forces
- BAE Systems Australia got a USD 30 million contact from Royal Australian Navy to upgrade maritime satellite communications terminals in four years
Companies Featured
- General Atomics Aeronautical Systems
- Dassault Aviation
- BAE Systems
- Israel Aerospace Industries
- Lockheed Martin Corp.
- Defence Research & Development Organisation
- Northrop Grumman
- NESCOM
- Airbus
- Boeing
- Aurora Flight Sciences
- Elbit Systems
For more information about this report visit https://www.researchandmarkets.com/research/nlqjvp/the_global?w=4
