Global Military UAV Market to Reach Value of USD 13.7 Bn by 2026, Forecasts SDI in Its Report Available at MarketPublishers.com05 Jul 2016 • by Natalie Aster
LONDON – As of 2016, the world’s military UAV market reached a value of USD 8.5 billion. It is projected to continue showing growth in the years to come, with its CAGR being approximately 4.9%. The marketplace is forecast to hit the USD 13.7 billion mark by 2026.
North America is expected to be the number one player globally, and its share in the market is expected to be 32%. It will be closely followed by Europe and APAC. The Middle East is forecast to have a minor share of 4%, while shares of Latin America and Africa are expected to be even lower.
HALE UAVs are projected to make up a 34% share of the global market, while a share of UCAVs is expected to be 29%.
In-demand research report “The Global Military UAV Market 2016-2026” drawn up by SDI offers an up-close look at the world’s military UAV marketplace. The study provides an all-round overview of this market. It discusses demand drivers, delves deep into trends and covers key challenges and technological developments.
The report insightfully analyses different segment of the marketplace. The research study contains a detailed regional review. It sheds light on key programs and looks at the competitive environment. Besides, the research report offers market forecast for the period 2016-2026.
- comprehensive overview of this marketplace;
- coverage of trends and developments;
- insights into dynamics of the marketplace;
- segmental analysis;
- discussion of the competition in this space;
- company profiles;
- future projections;
- and more.
More topical studies by SDI are available at its page.