The study analyzes UAV/UAS industry demand prospects, key markets, top investment regions and major challenges. This report also examines trends which are currently affecting the industry, says a news release issued by the market research firm. Furthermore, the report highlights key application areas and identifies UAV types which are projected to witness increased investment.
Companies mentioned in this research include Elbit Systems, ConocoPhillips oil company, AeroVironment, Inc., Lockheed Martin, EADS Cassidian, Survey Copter, Turkish Aerospace Industries , Sagem, BAE Systems plc, Dassault Aviation and AAI Corporation.
Key findings include:
- Globally, demand for UAVs/UASs will increase by an average of 19% over the next five years;
- The highest percentage of industry players foresee the future of UAV/UAS shaped by usage in non-defense areas;
- Surveillance will be the largest application area for UAVs in the military domain over the next five years;
- The U.S., China and Russia will record highest increase in demand for UAVs over the next five years.