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Unmanned combat aerial vehicle (UCAV) Market Competitive Intelligence and Tracking Report Till 2026

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Unmanned Combat Aerial Vehicle (UCAV) Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026
Unmanned combat aerial vehicle (UCAV) Market
Competitive Intelligence and Tracking Report Till
2026
Unmanned combat aerial vehicle (UCAV) Market research provides
industry analysis by type, manufacturer, application along with key
factors influencing the growth of the market which include growth
drivers, restraints, opportunities and challenges, strategically
profile key players and comprehensively analyze their market share
and core competencies.
Unmanned combat aerial vehicle (UCAV), also called as combat drones are used as missiles and
other ordnance carriers that do not require the onboard human pilots for the control and
operation of the drones. These are featured with remote, real time controlling from distant
locations with varying levels of autonomy. Drones were primarily utilized for the patrolling and
reconnaissance, however, with the growing requirement and the increased risks involved in the
operations, these UAVs were armed and converted for the combat missions.
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Increased life threats in the low success rated missions, UCAVs are expected to find
significant applications through the forecast period
These find significant applications for surveillance, artillery fire direction, gathering electronic
intelligence (ELINT) data, lasing targets for fighter planes, and post-strike damage assessment.
These critical missions have high risks associated with the human lives. Moreover, defense forces
find these missions to be significantly important, are however, reluctant to face the loss of
human lives. Moreover, utilization of these unmanned combat aerial vehicle also reduces the
requirement of additional equipment required for the human pilots such as the cockpit space,
ejection seat, flight controls, armor, and environmental controls for oxygen and pressure. This is
expected to be the prominent factor driving the demand of these armed UAVs.
Discrete Capacitors Market Taxonomy
On the basis of UCAV types, the global discrete capacitors market is classified into:
•Medium-altitude UCAVs
•High-altitude UCAVs
•Others
Requirement to establish military supremacy, sustain upper hand in the territorial
disputed nations, and counter the extremist terrorist activities will drive the UCAV
market
Large number of territorial disputes existing between the nations that specifically include the
Asia Pacific and the MEA region are expected to fuel the overall demands for development and
manufacture. Some of the chief countries involved in territorial disputes that utilize these drones
for various operations include China, India, Iran, Israel, North Korea, Pakistan, Taiwan, and Turkey.
Some of the major economies that utilize these operational armed drones include Egypt, France,
Germany, Italy, Mexico, the Netherlands, UK and the U.S. These countries are increasingly
focusing on the development of these UAVs for domestic warfare and counter-insurgency, which
are extensively used to monitor disputed areas and enhance the country security at a lower cost.
The changing nature of next generation warfare will propel the global unmanned combat aerial
vehicle market over the coming years.
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Incorporation of artificial intelligence in these drones and development of long range
spy combat drones are few key market trends gaining global market traction
In July 2017, U.S. Navy sent out proposals to four defense contractors to the General Atomics,
Boeing, Lockheed Martin, and Northrop Grumman for modulated reconnaissance requirement
while enhancing the proposed unmanned aircraft’s aerial tanking duties. UCAVs with long-ranged
striking capabilities are incorporated with Command, Control, Communications, Computers,
Intelligence, Surveillance and Reconnaissance (C4ISR) systems into airborne platforms, which are
capable of deploying precision-guided munitions, bombs, and missiles. These factors are
expected to drive the demands through the forecast period.
Medium-altitude UCAVs was the largest revenue contributor in 2016, is expected to
remain the largest revenue contributor over the next few years
In conjunction with the growing requirement for multi-purpose drones, the defense agencies are
increasingly emphasizing on the medium-altitude UCAVs development owing to better striking
and surveillance capabilities, difficult detection, and high combat sustainability. Moreover, owing
to these factors these are expected to dominate the industry through the forecast period.
U.S. is expected to continue its dominance through 2025, primarily owing to the largest defense
budget, increased focus on minimal troop casualties, minimize the financial wastage, and
increased focus on the development of advanced airborne systems. Moreover the country is also
featured with the presence of few major industry participants that include General Atomics,
Boeing, Lockheed Martin, and Northrop Grumman among many others.
Industry presence is highly fragmented owing to distributed presence of the major industry
participants. Key players in the UCAV market include BAE Systems, General Atomics Aeronautical
Systems, Boeing, Northrop Grumman, Israel Aerospace Industries, Denel Dynamics, Dassault
Aviation, Lockheed Martin, and Elbit Systems.
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