MRO Magazine

Research and Markets: Global Defense Drones Market 2016-2020 – Driven by Massive Investments in R&D

January 12, 2016 | By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/mfgvxf/global_defense) has announced the addition of the “Global Defense Drones Market 2016-2020” report to their offering.

The report predicts the global defense drones market to grow at a CAGR of 6% during the forecast period.

The global defense industry is driven by massive investments in R&D, leading to the development of advanced technologies that enhance endurance, survivability, and functions of UAVs or drones. The rising competition between countries to possess modern and advanced weapons and technologies in the defense sector is expected to drive the growth of the defense drones market.

Product segmentation and analysis of defense drones market:

  • Large defense drones
  • Small defense drones

The large defense drones segment dominated the market during 2015, with a market share of 76%. Large drones have long non-stop flight duration capabilities and can carry different payloads that vary from thermal cameras, listening antennas, and guidance lasers to various kinds of munitions. This enables large defense drones to perform tasks such as fire support, target designation, targeted strike missions, and intelligence gathering and surveillance. These advantages have been contributing to the growth of this segment.

The Americas accounted for 60% of the global market share during 2015 and is expected to grow at a CAGR of 5% during the forecast period. The increasing deployment of unmanned vehicles in countries such as the US, Brazil, and Latin Americas is driving the growth of the market in this region.

Companies Mentioned:

  • Israel Aerospace Industries
  • General Atomics Aeronautical Systems
  • Boeing
  • Lockheed Martin
  • Textron
  • Northrop Grumman
  • AeroVirnonment
  • Prox Dynamics.

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by types

PART 07: Geographical segmentation

PART 08: Key leading countries

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

For more information visit http://www.researchandmarkets.com/research/mfgvxf/global_defense

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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