Unmanned Aerial Vehicle Market (UAV) Worth $114.7B by 2023

HALE UAVs forecast to constitute the largest share of the UAV market

DALLAS, February 13, 2014 --


Unmanned Aerial Vehicle (UAV) Market (2013 - 2018) and The Global UAV Market 2013-2023 research reports are now available with ReportsnReports.com and provide detailed analysis of the global UAV market over the next ten years, alongside potential market opportunities to enter the industry, using detailed market size forecasts.

The report titled "Unmanned Aerial Vehicle (UAV) Market (2013 - 2018)" says the global UAV market size can be expected to grow to $8,351.11 million by 2018. (HALE/MALE/SUAV) Market has the highest business potential throughout the study period whereas USA and Israel will be the maximum revenue generator, among the countries manufacturing UAV's. SPUAV (Solar Powered Unmanned Aerial Vehicle) will be one of the major technological advances in the near future and General Atomics Aeronautical Sytems is the leader in UAV market with 18.78% of the market share. The report, available for purchase at http://www.reportsnreports.com/Purchase.aspx?name=253291, profiles companies like Aai Corporation, Aeronautics Limited, Aerovironment, Alenia Aeronautica, Aurora Flight Sciences, BAE Systems, Bell Helicopter, Boeing Defense, Space & Security, Cassidian (EADS), Cybaero AB, Dassault Aviation, Denel Dynamics, Elbit Systems, Embraer, EMT, General Atomics Aeronautics Systems Inc., Honeywell Engineering, Innoconn Ltd, Insitu Inc, Israel Aerospace Industries (IAI) - Malat, Kaman Aerospace Corporation, Kaman Aerospace Corporation, Lockheed Martin Corporation, Northrop Grumman Aerospace Systems, Rhienmetall Defence, Saab Aerosystems, Sagem Defence Securite, Schiebel, Selex Galileo, THALEs, Turkish Aerospace Industries Inc (TAI) and Uconsystem Co Ltd. Comprehensive Table of Contents and more for this report is available at http://www.reportsnreports.com/reports/253291-unmanned-aerial-vehicle-uav-market-2013-2018-.html .

"The Global UAV Market 2013-2023" research report provides detailed analysis of the current industry size and growth expectations from 2013 to 2023, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities in specific areas. UAVs have proved to be exceedingly useful during peacekeeping missions and the ongoing global war on terror in Afghanistan and Pakistan, finding applications across ISR and combat roles. Furthermore, enhanced capabilities in areas such as endurance, data processing, and communications have broadened ISR UAV use in both defense and intelligence roles. It is anticipated that 4,000 different unmanned aircraft platforms are in circulation on the global market.

As per the regional analysis in this report, available for purchase at http://www.reportsnreports.com/Purchase.aspx?name=266211 , North America constitutes the majority share in the global UAV market and demand for UAVs in the US will spur the North American UAV market. Europe is set to spend US$24.3 billion on UAVs across the forecast period and UAV market is expected to grow at a CAGR of 8.66% in the Asia-Pacific region. Regional unrest will trigger UAV demand in the Middle East during the forecast period, Brazil is set to dominate the UAV market in Latin America and African markets are expected to grow as western defense manufacturers target the region. The UAV sub-sector market size composition details provided in this report cover:

*HALE UAVs forecast to constitute the largest share of the UAV market

*Market for UCAVs expected to increase at a CAGR of 7.98% during the forecast period

*Need for real-time persistent surveillance to drive the MALE UAV market during the forecast period

*Demand for TUAVs to grow at a CAGR of 1.81% during the forecast period

*Market size of VTOL UAVs is estimated to be US$5.2 billion during the forecast period

*Market for MUAVs expected to reach US$390.0 million by 2023

Competitive landscape and strategic insights in this report are provided for companies like Israel Aerospace Industries, EMT Ingenieurgesellschaft, Selex ES, Alenia Aermacchi, AAI Corporation, Sagem, BlueBird Aero Systems, Singapore Technologies Aerospace, Cassidian, Boeing, General Atomics Aeronautical Systems Inc., AeroVironment¸ Aeronautics Ltd., Elbit Systems Ltd., Northrop Grumman Corporation, Dassault Aviation SA, Denel Dynamics, Korea Aerospace Industries, BAE Systems and Saab.

Comprehensive Table of Contents and more for this report is available at http://www.reportsnreports.com/reports/266211-the-global-uav-market-2013-2023.html

Other reports available on the UAV market:

The Global UAV Market 2013-2023 - Country Analysis: Market Profile .

The Global UAV Market 2013-2023 - Competitive Landscape and Strategic Insights: Market Profile .

Global Unmanned Aerial Vehicle (UAV) Market 2012-2016 .

Explore more reports on the public sector industry and related segments at http://www.reportsnreports.com/market-research/government/ .

Featured Product

BitFlow Introduces 6th Generation Camera Link Frame Grabber: The Axion

BitFlow Introduces 6th Generation Camera Link Frame Grabber: The Axion

BitFlow has offered a Camera Link frame grabbers for almost 15 years. This latest offering, our 6th generation combines the power of CoaXPress with the requirements of Camera Link 2.0. Enabling a single or two camera system to operate at up to 850 MB/S per camera, the Axion-CL family is the best choice for CL frame grabber. Like the Cyton-CXP frame grabber, the Axion-CL leverages features such as the new StreamSync system, a highly optimized DMA engine, and expanded I/O capabilities that provide unprecedented flexibility in routing. There are two options available; Axion 1xE & Axion 2xE. The Axion 1xE is compatible with one base, medium, full or 80-bit camera offering PoCL, Power over Camera Link, on both connectors. The Axion 2xE is compatible with two base, medium, full or 80-bit cameras offering PoCL on both connectors for both cameras. The Axion-CL is a culmination of the continuous improvements and updates BitFlow has made to Camera Link frame grabbers.