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Global UAV Payload and Subsystems Market Analysis of Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com

May 15, 2018

DUBLIN--(BUSINESS WIRE)--May 15, 2018--The “Global UAV Payload and Subsystems Market - Analysis of Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.

The global UAV payload and subsystems market is expected to grow atregister a CAGR of 9.64%, to reach USD 14.26 billion by the year 2023, during the forecast period.

UAVs are replacing regular manned aircraft for certain missions and combat operations. Rising operational demands are compelling manufacturers to push the boundaries on UAV capabilities, thereby, increasing the focus on this market. The market demand would be significantly driven by increased UAV procurement from several countries across the world.

Improvements in technology have led to the rapid growth of UAVs market, driving the growth of UAV payload subsystems. Increase in the demand for UAVs has brought about significant advancements in processor technology which have enabled significant performance gains in ISR payloads. The increase in capability improvements has also helped to bring about a standardized system-level architecture which helps to reduce cost and complexity.

Though there are several technological advancements which are enhancing ISR technology and onboard UAV platforms, the unmanned vehicles (UAVs) face significant challenges in terms of size, weight, and power (SWaP). Thereby, the high-performance processing elements used in the modern UAVs require hardware platforms, which can provide significant support to the additional size and heat that these UAVs generate. 3U boards are comprehensively used in a number of UAVs.

Companies Mentioned

AeroVironment Boeing Elbit Systems BAE Systems plc Northrop Grumman Harris Corporation CACI International Rheinmetall Defense Thales Raytheon Systems Lockheed Martin Israel Aerospace Industries General Dynamics

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Market Insights

4. Market Dynamics

5. UAV Payload And Subsystems Market, Segmented By Payload

6. UAV Payload And Subsystems Market, Segmented By Subsystems

7. UAV Payload And Subsystems Market, Segmented By Geography

8. Competitive Landscape

9. Company Profiles

10. Future of the market

For more information about this report visit https://www.researchandmarkets.com/research/5ndh9t/global_uav?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180515005671/en/

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Related Topics:Unmanned Aerial Vehicles (UAVs) - Drones,Military Unmanned Systems

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING AEROSPACE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 05/15/2018 04:34 AM/DISC: 05/15/2018 04:34 AM

http://www.businesswire.com/news/home/20180515005671/en

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