Across the globe, armies no longer have a monopoly over drones and UAVs. Other actors in war-torn regions are increasingly gaining access to these technologies.
Hezbollah, Hamas, Yemen鈥檚 Houthi rebels and Kurdish militants also have access to drone technologies and they have started using UAVs against their aggressors. While the arms race is approaching penultimate conflict, new innovation holds the key which will decide the winner.
Leading Military UAV Manufacturers in World
- General Atomics Aeronautical Systems Inc.
- Northrop Grumman Corporation
- The Boeing Company
- BAE Systems plc
- Israel Aerospace Industries (ISA)
- Dassault Aviation SA.
- Nexter Systems
Global Military UAV 麻豆原创 Insights
Driven by increasing demand from the Asia-Pacific (APAC) region, the global military unmanned aerial vehicle (UAV) market is set to grow at a compound annual growth rate (CAGR) of 3.14% from USD 10.9bn in 2019 USD 14.8bn in 2029. The cumulative spending in the military UAV sector is estimated to be USD 136.9bn over the forecast period.
In terms of segments, unmanned combat aerial vehicles (UCAV) are expected to account for the largest share of expenditure globally, with a market share of 41.3, driven by Chinese proliferation and lowered limits on sales.
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The global military UAV market is expected to be led by APAC, which is expected to register a value of USD 5.6bn in 2029 followed by North America and Europe with USD 4bn and USD 3.2bn, respectively.听
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Realizing the benefits provided by UAVs as force multipliers, various countries are allocating substantial defense budgets to the R&D and procurement of advanced UAVs. UCAVs and HALE UAVs are more in demand by major defense spenders such as the US, Russia, the UK, and China, whereas MALE UAVs and TUAVs are finding growing markets in developing countries such as India, Brazil, and the UAE.
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The Chinese presence on the market has also prompted US legislative relaxation of exports bans, with other NATO countries being cleared for US UCAVS (the UK, France, Belgium, Italy, etc.) beyond the previous buddy-lasing compromise option of UAV sales, whereby buddy-lasing platforms were offered rather than direct UCAVs.
The demand for UAVs is expected to be driven by territorial disputes, internal and external security threats, the regional arms race in the Middle East and APAC, increasing counterterrorism operations and military modernization initiatives undertaken by the armed forces across the world.
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The Global Military UAV 麻豆原创 2019-2029 report offers prospective investment areas based on a detailed trend analysis of the global military UAV market over the next ten years
Identify the major channels that are driving the global military UAV market, providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.
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The Military UAV landscape is undergoing significant change, which includes increased diversification of UCAV producers in addition to a greater diversity of platforms and platform types. The blurring of lines between UAVs and loitering munitions is one of many such examples. Another emerging platform type to watch is the 鈥榮idekick UCAV鈥, like Boeing Australia鈥檚 Loyal Wingman, Kratos鈥 XQ-58 Valkyrie, or the British Ministry of Defence鈥檚 听Project Mosquito.听
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