UAV Market to Reach $7.26B in 2012

Visiongain’s analysis represents that the UAV market will attain a value of $7.26 B in 2012, following the consistent demand for UAVs for a wide range of military operations essential for combat and humanitarian missions.

According to a Visiongain analyst, UAVs accomplish intelligence gathering as well as offensive combat roles. The consequences will have increasing demand in the future as forces rely on technology development.

The report includes 270 tables, charts and graphs, complementing visual analysis that can elucidate the developing trends found in the UAV market. The 2012-2022 forecasts from Visiongain includes terms of value in US$ as well as the number of units for the global UAV market.

The five global submarkets involved are unmanned combat aerial vehicles (UCAVs); high-altitude long endurance (HALE) UAVs; tactical UAVs; medium-altitude long endurance (MALE) UAVs; and small UAVs. Naval UAVs and civil UAVs are the two separate segments that dominate these submarkets.

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