Global Military UAV Market Worth $13.7 billion by 2026: Driven by Internal & External Security T
DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "The Global Military UAV Market 2016-2026" report to their offering.
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.
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 Pacific region, 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.
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%.
The Global Military UAV Market 2016-2026 report offers a detailed analysis of the industry, with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for military UAVs, key market trends, and challenges faced by industry participants.
Israel Aerospace Industries
BlueBird Aero Systems
Singapore Technologies Aerospace
General Atomics Aeronautical Systems Inc.
Elbit Systems Ltd.
Northrop Grumman Corporation
Dassault Aviation SA.
Korea Aerospace Industries
Key Topics Covered:
Global Military UAV Market -Overview Market Dynamics
Military UAV Market -Segment Analysis
Military UAV Market -Regional Analysis
Trend Analysis -Key Defense Markets
Key Programs Analysis
Competitive Landscape Analysis