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.
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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