Global UAV Payload and Subsystems Market 2017-2021 | Advancement in Stealth Technology to Promote Growth | Technavio
According to the market research report released by Technavio, the global UAV payload and subsystems market is expected to accelerate at a CAGR of nearly 8% during the forecast period. The increasing demand for lightweight UAV payload is one of the key factors triggering the growth of the market.
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According to the market research report released by Technavio, the global UAV payload and subsystems market is expected to accelerate at a CAGR of nearly 8% until 2021. (Graphic: Business Wire)
This research report titled ‘Global UAV Payload and Subsystems Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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The market research analysis categorizes the global UAV payload and subsystems market into the following subsystems types:
- Camera and sensors
- Weaponry
- Radars and communications
In 2016, the camera and sensors segment accounted for 40% of the global market and is projected to reach 43% by 2021, exhibiting almost 3% increase in market share.
Global UAV payload and subsystems market: Top emerging trend
Advancement in stealth technology is an emerging trend in the UAV payload and subsystems market space. 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.
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Technavio’s report provides expert market research on the following topics:
Executive Report
- Market Outline
- Global UAV Payload and Subsystems Market Overview
Market Insights
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Regional comparison (APAC, Americas, and EMEA)
- Key leading countries
- Market segmentation by type (camera and sensors, weaponry, radars, and communications)
Vendor Landscape
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (AeroVironment, Boeing, Elbit Systems, Lockheed Martin, and Northrop Grumman)
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View source version on businesswire.com: https://www.businesswire.com/news/home/20181105005656/en/
