The demand for UAV payloads will be driven by increased UAV procurement by several countries across the world, and the continuous requirement for formulations in areas such as persistent surveillance, suppression/destruction of enemy air defense (SEAD/DEAD), and communications relays and combat search and rescue (CSAR)
—The global UAV payload market values US$2.1 billion in 2015 and is expected to grow at a CAGR of 3.93% during the forecast period, to reach US$3.2 billion by 2025
—The UAV payload market in the North American region is estimated to account for 59.1% of the global expenditure on the sector. Asia-Pacific and Europe are also expected to account for a significant portion of the total UAV payload market during the forecast period, with shares of 18.4% and 17.6% respectively. Latin America, the Middle East, and Africa cumulatively account for 4.9% of global UAV payload expenditure
—The radars and communication market segment is estimated to account for 72.7% of the global UAV payload market during the forecast period; sensors and detection, and weaponry will account for 19% and 8.3% shares respectively
The Global UAV Payload Market 2015–2025 report offers a detailed analysis of the industry with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for UAV Payloads, key market trends, and challenges faced by industry participants.
Reasons To Buy
—Determine prospective investment areas based on a detailed trend analysis of the global UAV payload market over the next ten years.
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—Strengthen your understanding of the market in terms of demand drivers, SWOT, industry trends, and the latest technological developments, among others.
—Identify the major channels that are driving the global UAV Payload market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion.
—Channelize resources by focusing on the ongoing programs that are being undertaken by the internal ministries of different countries within the UAV Payload market.
—Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top UAV Payload suppliers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available.
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Table of Contents
2 Global Defense Budgets and Modernization Review
2.1 Defense Budget Expenditure Review
2.1.1 US to lead the North American defense market
2.1.2 Russian defense expenditure key to European market growth
2.1.3 Regional rivalry to drive Asian defense expenditure
2.1.4 Defense expenditure of Middle Eastern countries likely to grow
2.1.5 Brazil drives the Latin American defense market
2.1.6 Algeria and Angola to lead African arms race
2.2 Defense Modernization Review
2.2.1 North America: Sequestration to limit modernization
2.2.2 Latin America: Replacement of aging equipment
2.2.3 Europe: Financial constraints causing delays
2.2.4 Asia-Pacific: Competitive arms acquisition
2.2.5 Africa: Security threat to lead modernization
2.2.6 Middle East: Regional unrest to stimulate modernization
3 UAV Payload Market?—?Regional Analysis
3.1 Global UAV Payload Market to Value US$XX billion by 2025
3.2 North America to account for the significant market globally
3.3 Asia-Pacific Market to register robust growth
3.4 Russia to lead the European Market
3.5 Middle East Market to exhibit steady growth over the forecast period
3.6 Brazil to Lead Latin American Market
3.7 African market is expected to grow over the forecast period
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