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UAV Market – Global Unmanned Aerial Vehicle (UAV) Industry Forecasts
1. UAV Market – Global Unmanned Aerial Vehicle (UAV) Industry Forecasts
ReportsnReports.com adds “Unmanned Aerial Vehicle (UAV) Market (2013 - 2018)” and “The Global
UAV Market 2013-2023” (available starting July 22, 2013) market research reports to its store.
Visit http://www.reportsnreports.com/reports/253291-unmanned-aerial-vehicle-uav-market-2013-
2018-.html and http://www.reportsnreports.com/reports/266211-the-global-uav-market-2013-
2023.html for complete reports.
Markets Covered in the report “Unmanned Aerial Vehicle (UAV) Market (2013 - 2018)”:
BY UAV Type
Hale (High altitude long endurance)
Male (Medium altitude long endurance)
SUAV (Small unmanned aerial vehicle)
TUAV (Tactical unmanned aerial vehicle)
VTOL (Vertical takeoff and landing)
UCAV (Unmanned combataerial vehicle)
• (HALE/MALE/SUAV) Market has the
highest business potential to 2018
• SPUAV (Solar Powered Unmanned
Aerial Vehicle) will be one of the
major technological advances in the
near future
Global UAV Market
Size to Grow to
$8,351.11 Million
by 2018
• USA and Israel will be the maximum
revenue generator, among the
countries manufacturing UAV’s
• General Atomics Aeronautical Sytems
is the leader in UAV market with
18.78% of the market share
UAV
Manufacturing
Sector
2. By Region
North America
South America
Africa
Europe
Asia-Pacific (APAC)
Middle East
By Country
Argentina
Austria
France
India
Israel
Latvia
South Africa
Spain
Sweden
Switzerland
United kingdom
USA
Mexico
Canada
Brazil
Colombia
Chile
3. Germany
Poland
Italy
Japan
Russia
South Korea
Australia
UAE
Singapore
Stakeholders
Global UAV Market
UAV Manufactures
Technology Suppliers
Regulating Bodies
Software / Hardware / Service and Solutions Provides
Component Suppliers
Key Features and benefits of the report “The Global UAV Market 2013-2023” (available starting July
22, 2013) :
The report provides detailed analysis of the market for UAV during 2013–2023, including the
factors that influence the reasons countries are investing or cutting defense expenditure. It
provides detailed expectations of growth rates and projected total expenditure.
In light of their enhanced endurance and lower maintenance costs, solar-powered UAVs are
emerging as the latest revelation in the market, attracting investment from defense ministries
across the globe. High endurance of solar-powered UAVs enhances their ability to provide real-
4. time, high-quality surveillance data for large geographical areas, and for longer periods. HALE
UAVs offer a low-cost consistent surveillance capability and are capable of producing and storing
solar energy in their fuel cells which can then be used for night flying.
Key Market Issues
Europe and North America, recovering from the financial crisis, account for an estimated 80% of
global defense spending. Austerity measures introduced by national governments have
justifiably led to reduced defense budgets, and subsequently the cancellation and inordinate
delays of various UAV programs.
Despite the advantages UAVs extend to the military, concerns regarding high accident rates
continue to prevent widespread deployment, particularly over civil aerospace. Crashes have
been reported from all parts of the world, caused mostly due to poor weather, human error,
and system failures. Such crashes not only lead to a waste of money but also compromise secret
missions.
Key Highlights
Almost all major countries now have their UCAV programs in place, some in isolation, and others
in collaboration. Leading the way, in May 2013, the U.S. Navy underwent flight trials for the X-
47B, a giant leap in the UCAV industry, as it was for the first time that an unmanned aircraft took
off from an aircraft carrier. Though it is not due to go into production, the research and
development is expected to spawn operational variants in the near future.
The effectiveness of UAVs as showcased by recent US missions in its war against terrorism is
envisaged to change the overall future dynamics of warfare. UAVs have amply demonstrated
the redundancy of engaging armed defense forces supported by air cover, for hitting targets and
destroying enemy posts. By utilizing satellite data and ground information, a remotely piloted
UAV has the ability to strike a chosen target with optimum precision.
Available starting July 22, 2013, complete report can be purchased @
http://www.reportsnreports.com/reports/266211-the-global-uav-market-2013-2023.html.