Defense Drones Global Market by Types, Growth, Trends, Analysis and Forecasts to 2020
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  • Defense Drones Global Market by Types, Growth, Trends, Analysis and Forecasts to 2020

     



    (Transportation-News.com, August 05, 2017 ) Publisher€™s research analyst predicts the global defense drones market to grow at a CAGR of 6% during the forecast period. A defense drone or UAV is an airplane without a pilot on board. Human pilots on the ground control these machines through satellite-powered remote controls, or autonomously through onboard computers. These drones are an essential tool for modern defense forces because of their endurance and versatility, which makes them suitable for intelligence gathering and support roles for military operations. Drones can also be engineered to operate autonomously with onboard instruments with different functionalities, which are controlled and directed by instructors or an analyst operating out of a remote location in real time.

    For more information http://www.reportsweb.com/global-defense-drones-market-2016-2020

    The global defense industry is driven by massive investments in R&D, leading to the development of advanced technologies that enhance endurance, survivability, and functions of UAVs or drones. For instance, during 2015, the Ministry of Defense, India, announced its plans to collaborate with Lockheed Martin to develop rotary engine-powered UAVs. The rising competition between countries to possess modern and advanced weapons and technologies in the defense sector is expected to drive the growth of the defense drones market.

    Product segmentation and analysis of defense drones market

    Large defense drones
    Small defense drones
    The large defense drones segment dominated the market during 2015, with a market share of 76%. Large drones such as MALE and HALE have long non-stop flight duration capabilities and can carry different payloads that vary from thermal cameras, listening antennas, and guidance lasers to various kinds of munitions. This enables large defense drones to perform tasks such as fire support, target designation, targeted strike missions, and intelligence gathering and surveillance. These advantages have been contributing to the growth of this segment.

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    Â Geographical segmentation and analysis of the defense drones market

    Americas
    APAC
    EMEA
    The Americas accounted for 60% of the global market share during 2015 and is expected to grow at a CAGR of 5% during the forecast period. The increasing deployment of unmanned vehicles in countries such as the US, Brazil, and Latin Americas is driving the growth of the market in this region. For instance, by 2035, the US air force plans to develop and add close to 5,000 new drones.

    Competitive landscape and key vendors

    The global defense drones market is highly concentrated in countries such as the US and Israel. The vendors in the market compete on the basis of price, quality, innovation, service, reputation, distribution, and promotion.

    The leading vendors in the market are -

    Israel Aerospace Industries
    General Atomics Aeronautical Systems
    Boeing
    Lockheed Martin
    Other prominent vendors in the market include Textron, Northrop Grumman, AeroVirnonment, and Prox Dynamics.

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