Press release
Global Defense Drones Market to grow at a CAGR of 6% during the period 2016-2020 : Key Vendors are Boeingm, Lockheed Martin, Israel Aerospace Industries etc.
Market outlook of the defense drones market
Technavios 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.
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.
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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.
Geographical segmentation and analysis of the defense drones market
Americas
APAC
EMEA
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Table of Contents
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market size and forecast
Five forces analysis
PART 06: Market segmentation by types
Global defense drones by types
Global large defense drones market
Global small defense drones market
PART 07: Geographical segmentation
Global defense drones market by geography
Defense drones market in Americas
Defense drones in EMEA
Defense drones in APAC
PART 08: Key leading countries
PART 09: Market drivers
PART 10: Impact of drivers
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