And Com­mer­cial UAV Mar­ket

Vayu Aerospace and Defence - - Aviation Defence & Inindia -

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. MUAV/MAVs are dom­i­nant in re­spect of units de­liv­ered and the UCAVs in terms value. 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 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. Sev­eral coun­tries are gain­ing and de­vel­op­ing their own plat­forms in part to en­hance their mil­i­tary in­tel­li­gence ca­pa­bil­i­ties, or in or­der to de­velop their own de­fence and aero­space in­dus­tries.

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