Thursday, 5 January 2017

UAV Payload and Subsystems Market - Global Industry Analysis, Size, Share, Growth and Forecast Report To 2017-2021

Market Reports Center Announces the Publication of its Research Report – Global UAV Payload and Subsystems Market 2017-2021
Market Reports Center recognizes the following companies as the key players in the global UAV payload and subsystems market: AeroVironment, Boeing, Elbit Systems, Lockheed Martin, and Northrop Grumman.
Other Prominent Vendors in the market are: BAE Systems, GA-ASI, Israel Aerospace Industries, Raytheon, and Textron Systems.
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Commenting on the report, an analyst from Market Reports Center’s team said: “The latest trend gaining momentum in the market is advancement in stealth technology. The use of stealth technology, also called low observable technology, began in the late 1960s. It advocates a sub-discipline of defense tactics that promote passive electronic countermeasures to make aircraft, submarines, ships, missiles, and satellites less visible or undetectable to radars, infrared, sonars, or other detection platforms. Over the years, various manned aircraft have been developed to feature stealth technology to remain undetectable.”
According to the report, one of the major drivers for this market is increasing demand for lightweight UAV payload. The use of carbon composite materials in manufacturing UAV airframes has gained acceptance widely. These materials ensure reduced weight and enhanced service life, reducing the overall maintenance cost per landing. Many companies have been using these composite manufacturing technologies for UAVs since the last decade.
Further, the report states that one of the major factors hindering the growth of this market is stringent control over sale of attack UAVs. Despite UAVs' growing popularity, manufacturers are facing enormous challenges to offer products that can comply with the different laws and restrictions (permissible flying altitudes vary from countries to countries). Component suppliers are also exposed to the legal constraints arising from stringent and heterogeneous regulatory policies for the import and export of defense equipment components and sub-systems.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About UAV Payload and Subsystems
UAVs are controlled remotely either by a pilot at a ground station or by onboard computers. Payloads are one of the major components in UAVs. These payloads consist of various equipment and systems depending on their specific mission requirement. As technology has advanced in the last one decade, many different types of UAVs have been developed and inducted into military operations.
Market Reports Center’s analysts forecast the global UAV payload and subsystems market to grow at a CAGR of 7.72% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global UAV payload and subsystems market for 2017-2021. To calculate the market size, the report considers the revenue generated in the overall defense market from the procurement of sensors and cameras, weaponry, radars and communication systems, and other types of UAV payload and subsystems (ground control stations [GCS] and onboard computers).
The market is divided into the following segments based on geography:
• America’s

Market Reports Center's report, Global UAV Payload and Subsystems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors

• AeroVironment
• Boeing
• Elbit Systems
• Lockheed Martin
• Northrop Grumman

other prominent vendors

• BAE Systems
• Israel Aerospace Industries
• Raytheon
• Textron Systems

Market driver

• Increasing demand for lightweight UAV payload
• For a full, detailed list, view our report

Market challenge
• Stringent control over sale of attack UAVs
• For a full, detailed list, view our report

Market trend

• Advancement in stealth technology
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2021 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?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
About Us:
Market Reports Center is an e-commerce platform obliging the needs of knowledge workers, experts, professionals who are subject to market research information for their work, or to make strategic business decisions. Market Reports Center’s team consistently works to update and extend our existing repository of market research reports by partnering with new publishers and adding their studies to our website.
Media Contact:
Sam Collins
Market Reports Center
Phone No: 1-646-883-3044 (US)

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