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. 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.
Technavio’s 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
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
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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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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