LONDON, July 2, 2015 /PRNewswire/ -- The unmanned systems composite market is estimated to be valued at $5.22 billion in 2015and is projected to grow at a CAGR of 8.26% to reach $7.76 billion by 2020
This report provides an analysis of the unmanned systems composite market during the forecast period (2015-2020). It provides the analysis of drivers, challenges, restraints, and burning issues that impact the industry. It also discusses the industrial value chain, Porter's Five Forces model and technology trends that currently prevail in the unmanned systems composite market.
It tracks, analyzes, market size of major composite spenders in each region and provides the market share by application. It also analyzes the market share, by material type, including CFRP, GFRP, BFRP, and AFRP.
The report provides information of the leading competitors in the market; it also provides details about their financial positions, key products, their unique selling points, and key developments. This research report categorizes the global market on the basis of material type, platform, region, and by country, along with forecasting revenues, market share, and analyzing trends in each of the sub-sectors.
All the percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the markets covered in this research study have been viewed in extensive detail, verified through primary research, and analyzed to arrive at the final quantitative and qualitative data.
The percentage split-ups of the segments categorized under the global market were used to arrive at the market sizes of each of the individual segments of the end-user verticals. The unmanned systems composite market has been classified by material type, platform, and region. Thus, data was triangulated among five major categories based on their market size, by material type, platform, region, and company revenue.
Of the regions considered, North America contributes the largest share in the total market. The rise in the demand for lightweight, high-strength composite material for manufacturing of unmanned systems along with the rising demand for UAVs are the important factors that are responsible for driving this market in this region.
The leading players in the unmanned systems composite market include Hexcel Corporations (U.S.), Royal TenCate N.V. (The Netherlands), Toray Industries Inc. (Japan), Owens Corning Corporation (U.S.), Cytec Industries (U.S.), and Teijin Limited (Japan).
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