Unmanned Combat Aerial Vehicle

Unmanned Combat Aerial Vehicle Market - Global Industry Insights,
Trends, 2018–2025
In conjunction with the growing requirement for multi-purpose drones, the defense agencies
are increasingly emphasizing on the medium-altitude UCAVs development owing to better
striking and surveillance capabilities, difficult detection, and high combat sustainability.
Moreover, owing to these factors these are expected to dominate the industry through the
forecast period.
U.S. is expected to continue its dominance through 2025, primarily owing to the largest
defense budget, increased focus on minimal troop casualties, minimize the financial wastage,
and increased focus on the development of advanced airborne systems. Moreover the country
is also featured with the presence of few major industry participants that include General
Atomics, Boeing, Lockheed Martin, and Northrop Grumman among many others.
Industry presence is highly fragmented owing to distributed presence of the major industry
participants. Key players in the UCAV market include BAE Systems, General Atomics
Aeronautical Systems, Boeing, Northrop Grumman, Israel Aerospace Industries, Denel
Dynamics, Dassault Aviation, Lockheed Martin, and Elbit Systems.
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Increased life threats in the low success rated missions, UCAVs are expected to find
significant applications through the forecast period
These find significant applications for surveillance, artillery fire direction, gathering
electronic intelligence (ELINT) data, lasing targets for fighter planes, and post-strike damage
assessment. These critical missions have high risks associated with the human lives.
Moreover, defense forces find these missions to be significantly important, are however,
reluctant to face the loss of human lives. Moreover, utilization of these unmanned combat
aerial vehicle also reduces the requirement of additional equipment required for the human
pilots such as the cockpit space, ejection seat, flight controls, armor, and environmental
controls for oxygen and pressure. This is expected to be the prominent factor driving the
demand of these armed UAVs.
Requirement to establish military supremacy, sustain upper hand in the territorial
disputed nations, and counter the extremist terrorist activities will drive the UCAV
market
Large number of territorial disputes existing between the nations that specifically include the
Asia Pacific and the MEA region are expected to fuel the overall demands for development
and manufacture. Some of the chief countries involved in territorial disputes that utilize these
drones for various operations include China, India, Iran, Israel, North Korea, Pakistan,
Taiwan, and Turkey. Some of the major economies that utilize these operational armed
drones include Egypt, France, Germany, Italy, Mexico, the Netherlands, UK and the U.S.
These countries are increasingly focusing on the development of these UAVs for domestic
warfare and counter-insurgency, which are extensively used to monitor disputed areas and
enhance the country security at a lower cost. The changing nature of next generation warfare
will propel the global unmanned combat aerial vehicle market over the coming years.
Incorporation of artificial intelligence in these drones and development of long range
spy combat drones are few key market trends gaining global market traction
In July 2017, U.S. Navy sent out proposals to four defense contractors to the General
Atomics, Boeing, Lockheed Martin, and Northrop Grumman for modulated reconnaissance
requirement while enhancing the proposed unmanned aircraft’s aerial tanking duties. UCAVs
with long-ranged striking capabilities are incorporated with Command, Control,
Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR)
systems into airborne platforms, which are capable of deploying precision-guided munitions,
bombs, and missiles. These factors are expected to drive the demands through the forecast
period.
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Discrete Capacitors Market Taxonomy
On the basis of UCAV types, the global discrete capacitors market is classified into:
● Medium-altitude UCAVs
● High-altitude UCAVs
● Others
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