Inside Unmanned Systems

OCT-NOV 2016

Inside Unmanned Systems provides actionable business intelligence to decision-makers and influencers operating within the global UAS community. Features include analysis of key technologies, policy/regulatory developments and new product design.

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54 unmanned systems inside   October/November 2016 AIR MARKETS BY THE NUMBERS $ 8.6 billion The global market for military drones by 2022 $ 4.4 billion That market in 2015 Source: Wintergreen Research T his fall when Bell Helicopter intro- duced the V-247 Vigilant, its new unmanned tiltrotor with a 65-foot wingspan, it bet on a surging but increasingly crowded and more international market for military drones. According to new projections, the global market for military drones will jump to $8.6 billion by 2022 from what was $4.4 billion in activity in 2015. Though the U.S. remains the market leader, new players from other coun- tries are entering the field, spinning up the competition according to Susan Eustis, lead author of the report Military Drones: Market Shares, Strategy, and Forecasts Worldwide, 2016 to 2022. "Drone applications provide the prospect of trillions of dollars in economic growth," Eustis told Inside Unmanned Systems. "And because the U.S. has chosen not to sell its high-end drones abroad, other countries, such as Turkey, are now highly motivated to build their own." Drone capabilities are becoming key to the militaries in every country, said Eustis, with units designed to perform high-speed, long- endurance, more covert, multi-mission intel- ligence, surveillance and reconnaissance and precision-strike missions over land or sea. "Military drones represent the future of the national security presence for every nation," she wrote. "Increasing technology sophistica- tion and lower costs are achieving dramatic market shifts." by Peter Gutierrez and Rachel Kaufman Photo courtesy of Bell Helicopter • GENERAL ATOMICS SYSTEMS is leading the military drone market, according to the report, with a 19.9 PERCENT market share (2015 figures). The company's Predators and Reapers are among the best-known armed unmanned aerospace systems (UAS) in the world, featuring ease of use and relatively affordable prices. • LOCKHEED MARTIN has a 15.4 PERCENT market share as the number two market participant. • NORTHROP GRUMMAN is number three with an 11.5 PERCENT share. • BOEING is in fourth place with a 10.1 PERCENT market share. • CHINA AEROSPACE, which produces the CH-3, is the number five market participant with a 7.6 PERCENT market share. • HONEYWELL is in sixth place with a 5.6 PERCENT market share. • The number seven market participant is AEROVIRONMENT with a 4.8 PERCENT share. • British defense conglomerate BAE, currently developing a large, combat- capable drone, the Taranis, has a 3.4 PERCENT market share. • TEXTRON SYSTEMS UNMANNED SYSTEMS, ISRAEL AEROSPACE INDUSTRIES, which produces the Heron armed drone, holds a measurable market share, as do RAYTHEON and DRAGONFLYER. In 2015, Raytheon purchased drone maker Sensitel, which previously was a subsidiary of BAE Systems. An updated study forecasts significant growth in global trade in military drones, predicting that what was a $4.4 billion market in 2015 will balloon to $8.6 billion by 2022 and become more competitive as new players and countries enter the market. MARKET FOR MILITARY DRONES WILL SURGE SPECIAL REPORT:

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