The Global UAV Payload Market 2012 to 2022 RnRMarketResearch Report

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Dallas, TX (prHWY.com) January 7, 2013 - This report is the result of SDI's extensive market and company research covering the global UAV payload industry. It provides detailed analysis of both historic and forecast global industry values, factors influencing demand, the challenges faced by industry participants, analysis of the leading companies in the industry, and key news.

"The Global UAV Payload Market 2012-2022" offers the reader detailed analysis of the global UAV payload market over the next ten years, alongside potential market opportunities to enter the industry, using detailed market size forecasts.

Although North America is expected to witness defense budget cuts during the forecast period, the region's expenditure on UAV payloads is expected to account for a 49% share of global spending during the forecast period. The US constitutes the largest market of the North American region and is taking substantial steps towards enhancing its UAV payload capabilities through a number of programs such as the five year contract awarded to ImSAR for the procurement of miniature Synthetic Aperture Radars suitable for small UAV applications, procurement of 174 STARLite radar systems, the US Air Force's contract awarded to Raytheon for the supply of Multi Spectral Targeting Systems for UAVs and the integration of SELEX Galileo's active electronically scanned array (AESA) radars and other sensors in the MQ-9 Reaper UAVs.

The recent endeavors undertaken by a number of private and public companies in the US, to implement open architecture designs for UAV payloads are also expected to drive the growth of the UAV payload market by allowing customers the flexibility to integrate future payload capabilities into existing systems. The US market is expected to get a further boost with increasing demand from government organizations that require surveillance systems similar to military UAVs such as coast guard, border patrol organizations, and other national security organizations.

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Reasons to buy

* Gain insight into historical performance as well as future industry projections thanks to SDI's unique in-house research model.
* Uncover the business outlook, key challenges and opportunities identified by suppliers and buyers.
* Understand the prevailing business sentiment in the global UAV payload industry.
* Gain access to Strategic Defence Intelligence's premium B2B panels, which consist of senior marketing decision makers and leading supplier organizations.

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Tag Words: payload industry, payload market, global uav payload, uav payload industry, uav payload market

Categories: Defense

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