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Middle East Unmanned Aerial Vehicle (UAV) Market By Class, Size, Share, Trends, Major Players Forecast

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  Middle East unmanned aerial vehicle market   is expected to grow at a formidable rate during the forecast period. The Middle East unmanned aerial vehicle market is driven by increase in demand for UAVs across sectors such as military and defense, homeland security, and commercial, among others. Additionally, increasing spending by the defense forces on the development of advanced UAVs is further expected to propel the market during forecast period. The Middle East unmanned aerial vehicle market is segmented based on class, type, energy source, mode of application, range, MTOW, application, company and country distribution. Based on class, the market can be categorized into small UAV, tactical UAV, strategic UAV and special purpose UAV. The small UAV segment is expected to dominate the market during forecast period owing to the growing demand for these UAVs from the defense sector for surveillance and reconnaissance applications. The demand for small UAVs from the c...

Increase in the procurement of UAVs by the defense forces to drive Unmanned Aerial Vehicle Market through 2024 | TechSci Research

Growing technological advancements, growing demand in commercial applications of UAV’s and increasing use for remote sensing, to drive the Global Unmanned Aerial Vehicle Market through 2024 According to TechSci Research report,  “ Global  Unmanned Aerial Vehicle Market , By Class, By Application, By Energy Source, By Sub-System, By Company & By Geography, Forecast & Opportunities, 2014-2024 ” , the global Unmanned Aerial Vehicle market is projected to grow at CAGR of over 13% in the next five years on account of increasing utilization of UAVs or unmanned aerial vehicles for commercial purposes like disaster relief, remote sensing, among others. Generally, UAVs or drones are controlled using remote controller on ground or board computers. Moreover, the growing preference for using the most advanced warfare techniques by defence forces coupled with the increasing use of UAVs for patrolling of marine borders are expected to drive the growth of the Global Unmanned Aerial V...