ResearchMoz include new market research report"Global Unmanned Aerial Vehicle Payload Market 2012-2016: Industry Size, Share, Growth, Trends And Forecast " to its huge collection of research reports.
Albany, NY -- (SBWIRE) -- 10/31/2013 -- Global Unmanned Aerial Vehicle Payload market to grow at a CAGR of 4.85 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in unmanned aerial vehicle launches. The Global Unmanned Aerial Vehicle Payload market has also been witnessing an increase in R&D. However, the rapid technological changes could pose a challenge to the growth of this market.
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Global Unmanned Aerial Vehicle Payload Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Unmanned Aerial Vehicle Payload market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are AeroVironment Inc., Israel Aerospace Industries Ltd., Raytheon Comp., and ImSAR LLC.
Other vendors mentioned in the report are AAI Corp., BAE Systems PLC, Denel (Pty) Ltd, Lockheed Martin Corp., Northrop Grumman Corp., Rheinmetall AG, Saab AB (publ), and Thales Group
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Key questions answered in this report:
What will the market size be in 2016 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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A prominent trend that is expected to be highlighted over the forecast period is the increased focus on the acquisition of multi-role aircraft. The multirole fighter aircraft market is expected to attract the largest amount of spending globally during the forecast period owing to its capability to function in multiple roles. The US DoD is undertaking its largest ever defense program known as the Joint Strike Fighter through which it intends to equip its Air Force with new F-35 multi-role aircraft. This program is estimated to value up to US$392 billion until 2037. Several other countries including Canada, Australia, UK, Italy, Norway, Netherlands, Turkey, Japan and Israel are also vying to acquire these fifth generation multi-role aircraft for their militaries. Furthermore, France and India are procuring 286 and 126 Rafale fighter aircraft which are cumulatively expected to value approximately US$25 billion. There are numerous models of multi-role aircraft under demand such as SU-30MK, Eurofighter Typhoon, F-16, F/A-18F Super Hornet, EA-18G Growler etc. by countries across the world in order to maintain their fleets' battle readiness.
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