By Kalwinder KaurSep 11 2012
MarketResearch.com has included a new report titled ‘Unmanned Vehicles: The Market for UAV Reconnaissance Systems’ to its suite of Military Aircraft market reports.
The unmanned aircraft system market has transformed remarkably over the past eight years when compared to all the previous decades. This radical change was the result of the 9/11 terrorist attacks and the consequent worldwide war on terror initiated by the US and its allied countries.
Prior to these incidents, the unmanned vehicle market was grown at glacial pace, but, now one of the rapidly growing segments of the global military and paramilitary market. World intelligence agencies such as NSA, CIA and FBI have also recognized the importance of unmanned aerial systems to battle against terrorism and crime.
According to the report, the estimated value of the unmanned air vehicle market over the next decade is $21.9 billion, which consists of production of all types of air vehicles, payloads and ground control equipment through 2020. The key players providing these systems will be situated in the US, including Northrop Grumman, AAI and General Atomics, to name a few.
The report analyzes the UAV reconnaissance system market in detail. The analyst first carries out a bottom-up, micro-level approach to create 10-year value and unit of production forecasts for each system and program, and then uses a top-down, macro-level study to create a forecast of every producer’s overall percent market share by value and units.
The report also analyzes each individual program in detail and covers the key market drivers, challenges and opportunities and future of the market for UAV Reconnaissance Systems.
Source: http://www.marketresearch.com
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