Summary
Unmanned combat aerial vehicles will acquire greater market share and receive higher funding than manned fighter jets over the next five years. Supported by the ability to operate in high risk and complex target environments, and their intelligence gathering and reconnaissance capabilities, demand for UCAVs will increase over the next five years in spite of anticipated defense budget cuts. Demand for next-generation precision-guided weapons and low cost autonomous attack systems, along with advanced weapons technologies such as low power jamming systems and micro-munitions, will be high over the next five years. Geographically, investment on UCAVs will be higher in North America and Asia-Pacific, resulting in significant demand opportunities in the US and China during the next five years.
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Key Findings
- The majority of respondents anticipate UCAVs to attain a major share within the defense industry as compared to manned fighter jets in the next five years
- Armed Intelligence, Surveillance and Reconnaissance (ISR) UCAVs will attract largest amount of investment during the next five years
- The ability to operate in high-risk and complex target environments and intelligence gathering and reconnaissance are driving the significance of UCAVs
- Low power jamming systems used in UCAVs will record very high or high demand during the next five years
- Technological advancements in command, control and communication and life cycle cost will drive UCAVs growth
- Investment allocation towards UCAV industry will be highest in North American region as compared to other regions over the next five years
- Demand for UCAVs will be very high or high in the US, China, the UK over the next five years
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Synopsis
Strategic Defence Intelligence’s UCAV- Market Outlook, Demand Drivers and Advanced Weapon Technologies report presents executives’ opinion on expected changes in investment on UCAVs as compared to manned fighters during the next five years. Organizations can understand key factors responsible for growing UCAV prominence, major barriers expected for the UCAV sector over the next five years, UCAV categories with prominent investment potential, areas for technological advancement, regional investment forecast, key potential markets for UCAVs over the next five years , and demand projections for weapons carried by UCAVs. Additionally, organizations will have access to information categorized by region and company type wherever applicable.
What else does this report offer?
- UCAV share projections compared to manned fighter jets: examine anticipated change in UCAV share during the next five years as compared to manned fighter jets
- UCAV types with significant investment outlook: know UCAV types projected to receive sizeable investment in the next five years
- Major growth drivers for UCAV: analyze key factors responsible for growing UCAV prominence
- UCAV demand projections in light of defense budget cuts: determine projected change in demand for UCAV over the next five years amidst expected defense budget cuts
- Major challenges expected for UCAV sector: know about major barriers expected for UCAV sector over the next five years
- Demand projections for weapons carried by UCAV: analyze demand outlook for UCAV weapons over the next five years
- Significant advanced weapons technologies to be used in UCAVs over the next five years: access projected change in demand for UCAVs advanced weapons technologies over the next five years
- Technological innovation areas influencing UCAV growth: examine areas for technological up gradation which are driving UCAV forward
- Regional investment allocation: analyze region wise investment outlook for UCAV industry during the next five years
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Reasons To Buy
- Organizations can make effective business strategy decisions by knowing the UCAV share outlook and projected change in funding for UCAVs as compared to manned fighters over the next five years
- Organizations will be supported in business expansion decisions by providing information about UCAV demand outlook amidst anticipated defense budget cuts
- Helps to align innovation with growth by providing information about areas for technological advancement for future UCAV growth
- Helps to alter investment allocation by understanding key potential markets for UCAVs over the next five years and regional investment forecast highlighted by survey respondents
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