London, 4th February, 2013 - Strategic Defense Intelligence’s most recent report focuses on the latest developments in the global UAV payload industry. The market valued at an estimate of $43.7 billion in 2012 and is expected to increase to $68.6 billion by 2022, representing a CAGR of 4.6%.
Market demand is anticipated to be driven by increased UAV procurement and continuous requirement formulations in areas such as persistent surveillance, suppression/destruction of enemy air defense (SEAD/DEAD), communications relays and combat search and rescue (CSAR).
- The growing requirement for the future UAV and payload design to combine multi-mission, modular and open architecture features to accomplish diverse missions
- Attracting significant investment by several countries on UAVs, which are considered the best substitute to manned aircraft for surveillance and reconnaissance missions
- The use of armed drones in the US, UK, and Israel. Many countries are undertaking strategies to equip their fleets with combat UAVs in the future.
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