Global Small UAV Market Trends and Smart Weapons Forecasts in Research Reports

DALLAS, September 16, 2014 /PRNewswire/ --

ReportsnReports.com offers Small UAV Market by Trends (Mini, Micro, Hand Held UAV), by Propulsion (Hydrogen, Electric, Solar, Lithium ION), by Payload (NBC Detection, Telemetry Systems, Software Systems, Meteorology), by Application (Civil, Military, Security), by Region, by Country - Global Forecast to 2014 - 2019 and Global Smart Weapons Market - Forecasts & Analysis (2013 - 2018) research reports to its store.

The global small UAV market is expected to register growth with CAGR of 12.31%, and reach $1.9 billion by the end of 2020. Increase in civil and military applications remains the driving factors for the global small UAV market. The market demand for small UAV technology is increasing because it is considered as an effective, low-cost alternative to manned aircraft.    The unrest in Asian countries due to terrorist attacks and political disputes has increased the SUAV spending. Regions such as North America, Asia-Pacific, and Europe currently hold the largest share of SUAVs. However, the Middle Eastern and African countries have a high potential of growth in this sector. The penetration rate of military applications in the SUAV market is the highest when compared to the commercial, civil, and homeland security applications. However, the market of SUAV in the commercial and civil application is estimated to overtake the homeland security applications market by 2020.

India, South Korea, China, Germany, France and Australia are the new growth regions, due to their developments in mini and micro UAV segment. This report provides a complete analysis of small UAVs for civil, military and security applications for the next five years. It also gives insight into the regional trends for spending and analyzing the market share. It provides in-depth analysis of small UAVs on the basis of various payloads used like nuclear, biological and chemical detection, meteorology, telemetry systems and camera systems. It talks about the leading competitors in the small UAV market and apart from the general overview of the companies; it also provides financial analysis, products & services, and key developments.

Companies profiled in the global small UAV market report for 2014-2019 include Elbit Systems, Thales Group, SAAB, BAE Systems, Aerovironment Inc., Israel Aerospace Industries (IAI), Boeing Corporation, Textron Inc., Lockheed Martin Corporation, United Technologies Corporation, Raytheon, L-3 Communication, Northrop Grumman Corporation, Alliant Techsystems and Microdrones Gmbh. Order a copy of this report (US $ 4650 for single user PDF) at http://www.reportsnreports.com/Purchase.aspx?name=275424 .

The global smart weapons market is expected to register a CAGR of 8.06% to reach $5335.1 million by 2018. The market is highly competitive with a host of industry participants vying for contracts; and the fiscal deficit in most western countries is expected to increase competition. High-growth sectors in the global market include Saudi Arabia with a CAGR of 21.67%, followed by Japan with a CAGR of 14.48%. The Middle East has a CAGR of 15.21% followed by Latin America and Asia. The stand-off weapons segment is expected to have the highest demand in this market. Budget cuts in most western countries are anticipated to have minimal impact on the market. U.S. is expected to procure smart weapons worth $2 billion by 2018. The industry is fragmented and most of the tier-1 players are from U.S. and Europe.

This report presents a complete analysis of the global smart weapons market across the projected period. It provides an analysis of the factors driving the market, the challenges faced by the industry, and the factors restraining the growth of the market. It also discusses the key industry trends, market trends, and technology trends that influence the global market .It provides a complete sizing of the global market over the next five years and talks about the market share by different sub-sectors. It provides insights into regional trends on spending, analyzes the market size by region, and also provides data on spending patterns by sub-sector. It tracks, analyzes, and lays out the market size of the major defense spenders in each region and provides the market share by sub-category, namely, anti-armor weapons, guided munitions, guided projectiles, stand-off missiles, and guided rockets. It talks about the leading competitors in the global market; and apart from a general overview of the companies, it also provides details on their financial position, key products, and markets dealt with.

This global smart weapons market research report categorizes the global market on the basis of type of smart weapons, geography; forecasting revenues, market share, and analyzing trends in each type.

On the basis of smart weapon type: 

This market is segmented on the basis of revenue generated across the various types:

• Anti-armor weapons
• Guided munitions
• Guided projectiles
• Stand-off missiles
• Guided rockets

On the basis of geography 

Geography is classified into,

• North America
• Europe
• The Middle East
• Africa
• Asia
• Latin America

On the basis of country 

The following countries are covered in this report:

• Australia
• Brazil
• France
• Germany
• India
• Israel
• Italy
• Japan
• Saudi Arabia
• South Africa
• South Korea
• UAE
• United Kingdom
• United States

Stakeholders 

• Ministry of Defense
• Smart weapons manufacturers
• Sub-component manufacturers

Companies profiled in the 2013-2018 smart weapons market report include Alliant Techsystems, Inc. (ATK), BAE Systems, Boeing, Denel Dynamics, General Dynamics, Israel Aerospace Industries, Kongsberg Defence Systems, L-3 Fuzing And Ordnance Systems, Inc., Lockheed Martin Corporation, MBDA, Nexter Group, OTO Melara S.P.A, Qinetiq Group PLC, Rafael Advanced Defense Systems Ltd., Raytheon Company, Rheinmetall AG and Textron Defense Systems. Order  a copy of this report (US$ 4650 for single user PDF) at http://www.reportsnreports.com/Purchase.aspx?name=270821 .

Explore more reports on the public sector market at http://www.reportsnreports.com/market-research/government/ .

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