AIRBORNE WEAPON DELIVERY SYSTEMS MARKET ANALYSIS

Airborne weapon delivery systems market that have gained significant industry traction owing to investments in the procurement and development of the next generation aerial platforms that can leverage the country’s defense and attack capabilities. Some of the major countries with significant defense budgets investing in these platforms include China, the U.S., Russia, France, Germany, and the UK, in turn creating a highly conducive environment for growth of the airborne weapon delivery systems market.

Growing territorial disputes among some countries and the increasing concerns for countermeasures against terrorist activities will drive the industry growth

Some of the major territorial disputes in 2016 were among the countries that included Russia and Ukraine for Crimea; China and Japan for the uninhabited islands in the East China Sea; India and Pakistan for Jammu & Kashmir, Israel and Palestine for the Gaza Strip, Golan Heights, and West Bank. Several other regional disputes, majorly concentrated in the Asia Pacific and the Africa are expected to drive the demands for the attack and defense activities. These airborne weapon delivery systems enhance the mission success rates at relatively lower expenses and reduced risk of human lives. Moreover, increasing concerns to monitor the international borders and safeguard the population against the proliferating terrorist activities have led to increased focus on necessitating defense organizations to acquire high endurance attack platforms and deep strike capabilities.

Airborne Weapon Delivery Systems Market Taxonomy