Market Growth : Unmanned Combat Aerial Vehicle (UCAV) Market Globally Grow at a CAGR of 3.03% by Revenue During the Period 2017-2021

Albany, NY, 31st May : Recent research and the current scenario as well as future market potential of "Global Unmanned Combat Aerial Vehicle (UCAV) Market 2017-2021" globally.

An unmanned combat aerial vehicle (UCAV), or an attack drone, usually carries aircraft ordnance such as missiles, bombs, and laser weapons. Earlier, unmanned aerial vehicles (UAVs) were primarily used for surveillance and patrolling.

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With the growing need for operational requirements, UAVs were armed and converted into UCAVs. Broadly, UCAVs are used for surveillance, direction of artillery fire, gathering electronic intelligence (ELINT) information, lasing targets for fighter aircraft, and for post-strike damage assessment. While several nations operate unarmed UAVs, as of 2016, only the US, Turkey, Israel, Italy, Iran, China, India, and Pakistan had manufactured UCAVs.

Technavios analysts forecast the global UCAVs market to grow at a CAGR of 3.03% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global UCAVs market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of UCAVs.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Technavio's report, Global UCAVs Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
BAE Systems
Boeing
General Atomics Aeronautical Systems
Israel Aerospace Industries
Northrop Grumman

Other prominent vendors
Dassault Aviation
Denel Dynamics
Elbit Systems
Lockheed Martin

Market driver
Growing export demand from smaller economies
For a full, detailed list, view our report

Market challenge
Rapid development of anti-drone technology
For a full, detailed list, view our report

Market trend
Development of long-range spy combat drone
For a full, detailed list, view our report

Browse Report @ https://www.researchmoz.us/global-unmanned-combat-aerial-vehicle-ucav-market-2017-2021-report.html

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.