Earth Imaging Journal: Remote Sensing, Satellite Images, Satellite Imagery
Breaking News
Avenza Maps Adds Draw and Measure Tool and More in Avenza Maps 3.3
We’re excited to announce that we’ve completed the release...
Michael Baker International Adds Long-Range, Highly Durable Fixed-Wing Unmanned Aircraft System (UAS) to Improve Large-Scale Mapping Operations
Pittsburgh – Michael Baker International, a global leader in...
Esri Founder and President Jack Dangermond to Discuss Earth Observations by the Commercial Sector at GEO Week
REDLANDS, Calif.—October 17, 2017—Esri, the global leader in spatial...
Orbit Logic Scheduling Software Selected for NASA Wallops Ground Station
GREENBELT, MD  – Orbit Logic announced today that Kratos...
Sentinel-5P Successfully Launched to Monitor World’s Pollution
The Airbus built, pollution monitoring satellite Sentinel-5 Precursor has...

October 10, 2014
Demand from Europe and Asia-Pacific Sustains Military Unmanned Aerial Vehicles Market

LONDONOct. 9, 2014—The global market for military unmanned aerial vehicles (UAVs) is expected to witness a slight decline in the medium term due to the reduction in spending by the United StatesEurope and Asia-Pacific will partially compensate for this reduction in revenues as the perceived benefits of UAVs – in terms of both cost and capability – drive adoption. The launch of next-generation UAVs, with longer endurance and advanced propulsion systems such as fuel cells and solar power, will cement the future of the global UAV market.

New analysis from Frost & Sullivan, Global Military Unmanned Aerial Vehicles Market Assessment, finds that the market earned revenues of $3.87 billion in 2013 and estimates this to reach $5.26 billion in 2022. The study covers vehicle platforms (>25kg MTOW) and support in service, however does not include RDT&E spending.

For complimentary access to more information on this research, please visit:http://corpcom.frost.com/forms/EU_PR_EGrabowska_M8E5-16_29Sept14.

"The successful deployment of unmanned systems in Iraq and Afghanistan has generated global awareness on UAVs, triggering investments in R&D, and in turn, widening the spectrum of UAV applications," said Frost & Sullivan Aerospace & Defence Principal Consultant Aman Pannu. "Demand, especially for tactical and tactical small UAVs, will primarily emerge from countries that are new to developing and employing UAV capabilities."

Medium-altitude, long-endurance UAVs continue to be the most lucrative segment. Although high-altitude, long-endurance (HALE) UAVs are on the wish list of many countries, they remain unaffordable for most. This lack of commercially feasible technologies curbs large-scale UAV purchases.

Budget cuts that often lead to programme delays or even cancellations also hamper UAV procurements. The recent termination of the German HALE programme, EuroHawk, is a prime example. To sustain profits, suppliers must diversify their portfolios to include sub-systems and services.

"Equipment vendors need to scout for opportunities in high-potential regions such as the Middle East and Asia-Pacific to strengthen their position on a world scale," suggested Pannu. "Using the equipment rental and leasing model to market their products in sceptical and cost-conscientious countries will help UAV manufacturers generate further revenues in the global arena."

Global Military Unmanned Aerial Vehicles Market Assessment is part of the Defence (http://www.defence.frost.com) Growth Partnership Service program. Frost & Sullivan's related studies include: US Airport Screening Technologies, Global Military Unmanned Aerial Vehicles Systems and Sensors Market Assessment, Global Military Unmanned Maritime Systems Market, United Kingdom Critical National Infrastructure Security Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

http://www.frost.com

 

 

Comments are closed.