Military UAV Spending Over US$36.

4 Billion Until 2022 - New Study Launched

by Market-Forecast.com
MUAV/MAVs are dominant in terms of units delivered and the UCAVs in terms value.
Amsterdam, Netherlands, December 14, 2016 --(PR.com)-- The global military UAV market is projected
to grow to USD 13.9 billion by 2026, at a CAGR of 38,7% from 2016 to 2022. Where the MUAV/MAVs
are dominant in terms of units delivered and the UCAVs in terms value.
In recent years, there has been a growing use by militaries around the world of Unmanned Aerial
Vehicles, more popularly known as drones. More than 10,000 UAVs are now operated or coming into
service with militaries around the world. Their increased usage has mostly been driven by the operational
experience of the US and Israel, as well as recent operations in Afghanistan, Iraq and Syria for
intelligence, surveillance and reconnaissance (ISR) tasks with the US leading the way in terms of
spending on research, procurement and support. Other countries are gaining and developing their own
platforms in part to enhance their military intelligence capabilities, or as some exercise in national
prestige to develop their own defense and aerospace industries.
Market Forecast's new report, the Global Military UAV Market Forecast to 2022, provides a detailed
analysis of the military UAV market from 2016-2022, focusing on the military UAV programs,
requirements and orders in more than 50 countries worth in excess of US$36.4 billion over the entire
period.
>> Request Free Sample of this new report

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