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Research Shows Unmanned Air Vehicles Market Worth $22 Billion

Sep 10 2012 12:00AM

Marketwire

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ROCKVILLE, MD -- (Marketwire) -- 09/10/12 -- MarketResearch.com has announced the addition of "Unmanned Vehicles: The Market for UAV Reconnaissance Systems," to their collection of Military Aircraft market reports. For more information, visit http://www.marketresearch.com/Forecast-International-v3585/Unmanned-Vehicles-UAV-Reconnaissance-Systems-7098682/

The unmanned aircraft system market has seen a remarkable transformation over the last eight years. More change has occurred in this market in that time than in all the previous decades. Such a radical change can only occur in the wake of some equally climactic event. That event was the 9/11 terrorist attacks and the subsequent global war on terror launched by the United States and its allies. Prior to these events, the size of the unmanned vehicle market had been growing, but at an almost glacial pace. This market segment is now one of the hottest tickets on the worlds military and paramilitary scene, and even the FBI, CIA, NSA and other world intelligence agencies are recognizing the value of unmanned aerial systems in fighting crime and terrorism.

The market for unmanned air vehicles is worth an estimated $21.9 billion over the next 10 years. This figure includes production of all air vehicles, ground control equipment, and payloads through 2020. The most significant providers of these systems will be located in the United States. They are: Northrop Grumman, General Atomics, and AAI. For a full list of the system manufacturers covered in the report, please see the Companies tab.

This report studies the market for UAV reconnaissance systems from multiple angles. The analyst first conducts a bottom-up, micro-level study to develop 10-year unit and value of production forecasts for each program or system, and then utilizes a top-down, macro-level approach to produce a forecast of each manufacturer's overall percent market share, again in terms of both units and value.

Our market intelligence reports are designed to provide busy professionals with detailed information on each market segment, clearly and concisely. "The Market for UAV Reconnaissance Systems" provides astute analysis of each individual program, plus an in-depth overview of the principal market motivators, constraints, and opportunities. It offers insight on the future of this market and provides the rationales behind the projections.

About MarketResearch.com

MarketResearch.com is the leading provider of global market intelligence products and services. With research reports from more than 720 top consulting and advisory firms, MarketResearch.com offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. Moreover, MarketResearch.com's Research Specialists have in-depth knowledge of the publishers and the various types of reports in their respective industries and are ready to provide research assistance. For more information, call Will Gray at 240-747-3008 or visit http://www.marketresearch.com.



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MarketResearch.com
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240.747.3008





Source: Marketwire


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