Global Military UAV Market, Analysis, Opportunities, Forecast, Solar-Powered Global Military UAV Market : Ken Research

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Submitted: July 05, 2018

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According to the study “Global Military UAV Market 2018-2028”, advanced technology is implemented in manufacture of military UAV’s for various combat missions that are too challenging for a manned aircraft. The introduction of microelectronics components in UAV’s is an added advantage and vendors offer modern tactical UAVs that are smaller and lighter which drives the growth in military UAV market. Miniaturized UAVs are adopted in surveillance applications and manufacturers are focussed on developing cost-efficient equipment which enhances the operational capability of small UAVs. With the advent of advanced technology in materials science, composite-based materials are used in the manufacture of lightweight UAV. It was estimated that UAVs will soon replace combat planes and helicopters in the military sector.

Unmanned Aerial Vehicles are known as UAV which are battery powered aerial vehicles or drones operated without the presence of pilot. UAV is used in military intelligence, commercial, recreational, scientific, surveillance, and agricultural applications. UAVs assist in the rapid deployment of troops and high mobility military operations in battlefields. The adoption of UAV’s has increased drastically that has led to the development of low-cost alternatives. Unmanned combat aerial vehicle (UCAV) is one such development that is used to fire small bombs that are significantly less expensive than the large air-to-surface missiles. Small bombs are more flexible and allow commanders to use them on soft targets like hostile ground troops or unarmored military trucks. Therefore, UCAVs are used extensively by the military agencies and missiles suppliers are investing in small bombs that are more effective during a combat. Alternative energy-powered UAVs are the latest equipment used globally. Manufactures are experimenting with alternative fuel cell technologies to reduce the dependence on fossils fuels.

The global unmanned aerial vehicle (UAV) market is geographically spread across Americas, APAC, and EMEA. The leading players in the global unmanned aerial vehicle (UAV) market are Israel Aerospace Industries, EMT Ingenieurgesellschaft, AAI Corporation, BlueBird Aero Systems, Singapore Technologies Aerospace, Airbus, Boeing, General Atomics Aeronautical Systems Inc., AeroVironment, Aeronautics Ltd., Elbit Systems Ltd., Northrop Grumman Corporation, Dassault Aviation SA., Sunbirds, Denel Dynamics, Korea Aerospace Industries, BAE Systems and Saab. Global UAV market is highly competitive due to many prominent players. The entry of new players is restricted in the military UAV market due to uncompromising safety and regulatory policies and requirements.

Sunbirds is one of the global leading manufacturer of UAV’s and has launched a solar-powered UAV that is embedded with a primary sensor or camera with thermal imaging property which is useful in military. Solar powered UAVs are adopted by militaries, defense agencies, paramilitary forces, and other national security agencies for intelligence, surveillance, and reconnaissance (ISR) missions because they can perform activities beyond the scope of human ability. Global military sector industry accounts for a large quantity of CO2 emissions during military operations that have led to the development of innovative solar energy-based UAVs. The concern over depletion of fossil fuels is directly related to climate change which is driving the need for solar energy in various applications.

The need for round-the-clock vigilant surveillance to detect incoming threats is driving the global military UAV’s market. New-age solar-powered UAVs are used to fight insurgencies and to provide ISR assistance. Globally, Americas is the major revenue contributor in the military UAV market due to the increased need for surveillance and security operations. This trend has resulted in the deployment of long-endurance UAVs within all military forces. As per the global statistics, Americas account for a major share in the solar-powered unmanned aerial vehicle market over the next few years. Lightweight UAV’s consume less power compared to the existing UAV avionics systems. The introduction of lightweight UAV’s is to minimize the financial wastage involved during any destruction of the drones in large numbers on various missions.

To know more, click on the link below:

https://www.kenresearch.com/defense-and-security/defense/global-military-uav-market-2018-2028/149677-16.html

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