Unmanned aerial systems market to reach a value of $51 billion

Press Release   •   Jul 09, 2012 11:36 BST

The unmanned aerial systems market has been predicted to reach a value of $51 billion by 2018, increasing from a total market value of $7.2 billion in 2012.

Unmanned aerial systems are set to play an important role in the military throughout the coming years. Market growth is set to be achieved through drones becoming lighter and less expensive, and performing aerial war fighter tasks remotely with there being less danger to the human pilot.

An unmanned aerial system consists of the air vehicle, sensors/payloads, command and control datalinks, the operator station, as well as the ground support equipment required for launch/recovery, operations, and maintenance.

Unmanned aerial systems offer a way to automate surveillance of wide areas and implement strategic military missions that strike at terrorists without injuring civilians.

Unmanned aerial systems promise new ways to increase efficiency, save money, enhance safety and even save lives. Interest is growing in the unmanned aerial systems market as they aircraft also offer a broad range of uses such as aerial photography, surveying land and crops, monitoring forest fires and environmental conditions, and protecting borders and ports against intruders.

In the US, approximately 50 companies, universities, and government organisations are developing and producing some 155 designs to be incorporated into the unmanned aerial systems market.

For more information on the unmanned aerial systems market, see the latest research: Unmanned Aerial Systems Market

Follow us on Twitter @CandMResearch issues news updates and report summaries covering all major industries and sectors. The service provides additional client monitoring and timely alerts to breaking industry and sector news leading the day's business headlines. News articles, written by our staff, contain additional analyst insight, providing value added insight for our readers. News updates and real-time alerts on newly-released market reports are also available from our Facebook page, Twitter feed @CandMResearch and RSS links. We also welcome inquiries from business journalists and the news media.