Summary
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. Browse Complete Summary, Click Here @ http://www.radiantinsights.com/research/the-global-military-uav-market-2016-2026 Key Findings - 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 - 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% - HALE UAVs and UCAVs are expected to account for 34% and 29% of the global military UAV market respectively, followed by MALE UAVs, TUAVs, VTOL-UAVs, and MUAVs, with respective shares of 19%, 9%, 6% and 3%. Synopsis 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. In particular, it provides an in-depth analysis of the following: - Market size and drivers: detailed analysis during 2016-2026, including highlights of the demand drivers and growth stimulators. It also provides a snapshot of the spending and modernization patterns of different regions around the world. - Recent developments and industry challenges: insights into technological developments and a detailed analysis of the changing preferences of military UAV segments around the world. It also provides trends of the changing industry structure and the challenges faced by industry participants. - Regional highlights: study of the key markets in each region, providing an analysis of the key segments of the market that are expected to be in demand. - Major programs: details of the key programs in each segment, which are expected to be executed during 2016-2026. Competitive landscape and strategic insights: analysis of the competitive landscape of the global market. It provides an overview of key players, together with information regarding key alliances, strategic initiatives, and financial analysis. See More Reports of This Category by Radiant Insights @ http://www.radiantinsights.com/catalog/defense About Radiant Insights, Inc Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions. Contact Details: Michelle Thoras Corporate Sales Specialist, USA Radiant Insights, Inc Phone: 1-415-349-0054 Toll Free: 1-888-202-9519 Email: [email protected] Web: http://www.radiantinsights.com/
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