Christy Publications Unmanned Combat Aerial Vehicle (UCAV) Market | Page 2

of human lives. Moreover, utilization of these unmanned combat aerial vehicle also reduces the requirement of additional equipment required for the human pilots such as the cockpit space, ejection seat, flight controls, armor, and environmental controls for oxygen and pressure. This is expected to be the prominent factor driving the demand of these armed UAVs. Requirement to establish military supremacy, sustain upper hand in the territorial disputed nations, and counter the extremist terrorist activities will drive the UCAV market Large number of territorial disputes existing between the nations that specifically include the Asia Pacific and the MEA region are expected to fuel the overall demands for development and manufacture. Some of the chief countries involved in territorial disputes that utilize these drones for various operations include China, India, Iran, Israel, North Korea, Pakistan, Taiwan, and Turkey. Some of the major economies that utilize these operational armed drones include Egypt, France, Germany, Italy, Mexico, the Netherlands, UK and the U.S. These countries are increasingly focusing on the development of these UAVs for domestic warfare and counter- insurgency, which are extensively used to monitor disputed areas and enhance the country security at a lower cost. The changing nature of next generation warfare will propel the global unmanned combat aerial vehicle market over the coming years. Browse More About the Market Study @ https://www.coherentmarketinsights.com/ongoing-insight/unmanned-combat-aerial-vehicle-ucav-market-671 Incorporation of artificial intelligence in these drones and development of long range spy combat drones are few key market trends gaining global market traction In July 2017, U.S. Navy sent out proposals to four defense contractors to the General Atomics, Boeing, Lockheed Martin, and Northrop Grumman for modulated reconnaissance requirement while enhancing the proposed unmanned aircraft’s aerial tanking duties. UCAVs with long- ranged striking capabilities are incorporated with Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) systems into airborne platforms, which are capable of deploying precision-guided munitions, bombs, and missiles. These factors are expected to drive the demands through the forecast period. Medium-altitude UCAVs was the largest revenue contributor in 2016, is expected to remain the largest revenue contributor over the next few years