Wednesday, June 27, 2012

Continued Growth of the Unmanned Aircraft Market


http://www.fas.org/man/dod-101/sys/ac/ucav_a1.jpg

A recently released report, "Unmanned Aerial Systems (UAS): Market Shares, Strategy, and Forecasts, Worldwide, 2012 to 2018," indicates continued growth of the unmanned aircraft market over the next 15 years (Sanford, 2012).  The financial growth is expected to reach $51 billion, which is aligned with past forecasts of U.S. market growth over the next decade from $5.9 billion per year to $11.3 billion based on military needs (Zaloga & Rockwell, 2011).  The 910 page report can be purchased from Global Information, Inc. (2012) for $3700 (single user license) or $7400 (website posting license), here. The report covers unmanned aerial systems (UAS) market descriptions, market dynamics, market shares, market forecasts, product descriptions, technology, and company profiles (WinterGreen Research, Inc., 2012).  This forecast is exciting news for those interested in unmanned research and development. [Image retrieved from http://www.fas.org/man/dod-101/sys/ac/ucav_a1.jpg, copyright Federation of American Scientists, 2011]. 

REFERENCES
Federation of American Scientists. (2011). X-45 Unmanned Combat Air Vehicle (UCAV): Overview [Program description]. Retrieved from http://www.fas.org/programs/ssp/man/uswpns/air/attack/x-45_ucav.html 

Global Information, Inc. (2012). Market Research Report. Retrieved from http://www.giiresearch.com/report/wg245633-unmanned-aerial-systems-uas-market-shares-strategy.html
 
Sanford, B. (2012, June). Unmanned aircraft systems market to hit $51 billion by 2018 says report. ReportBuyer. Retrieved from http://meshpress.com/unmanned-aircraft-systems-market-to-hit-51-billion-by-2018-says-report/123854.html

WinterGreen Research, Inc. (2012). Unmanned Aerial Systems (UAS): Market Shares, Strategy, and Forecasts, Worldwide, 2012 to 2018.

Zaloga, S., & Rockwell, D. (2011). UAV market set for 10 years of growth. Earth
Imaging Journal
. Retrieved from http://eijournal.com/uncategorized/uav-market-set-for-10-years

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