UNMANNED COMBAT AERIAL VEHICLE MARKET ANALYSIS

Regional Analysis

U.S. is expected to continue its dominance through 2025, primarily owing to the largest defense budget, increased focus on minimal troop casualties, minimize the financial wastage, and increased focus on the development of advanced airborne systems. Moreover the country is also featured with the presence of few major industry participants that include General Atomics, Boeing, Lockheed Martin, and Northrop Grumman among many others.

Large number of territorial disputes existing between the nations that specifically include the Asia Pacific and the MEA region are expected to fuel the overall demands for development and manufacture. Some of the chief countries involved in territorial disputes that utilize these drones for various operations include China, India, Iran, Israel, North Korea, Pakistan, Taiwan, and Turkey. Some of the major economies that utilize these operational armed drones include Egypt, France, Germany, Italy, Mexico, the Netherlands, UK and the U.S. These countries are increasingly focusing on the development of these UAVs for domestic warfare and counter-insurgency, which are extensively used to monitor disputed areas and enhance the country security at a lower cost. The changing nature of next generation warfare will propel the global unmanned combat aerial vehicle market over the coming years.

• Geographies Covered: Asia Pacific, MEA, China, India, Iran, Israel, North Korea, Pakistan, Taiwan, Turkey, Egypt, France, Germany, Italy, Mexico, Netherlands, UK, U.S.