Tag Archives: market forecast

IHS Markit Predicts Global Unmanned Vehicle Sales Growth Through 2025; Derrick Maple Comments

A report from IHS Markit forecasts that sales of unmanned ground, sea and aerial vehicles will increase through 2025 as military organizations increasingly use such platforms to conduct missions. IHS Jane’s predicts 63,000 new unmanned aerial vehicles will be sold from 2016 to 2025 and surpass $82 billion in global sales during the 10-year …

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Research and Markets Sets Global Airborne ISR Market CAGR at 3.88% in 2017-2020

A new Research and Markets report predicts the global airborne intelligence, surveillance and reconnaissance market will hit a compound annual growth rate of 3.88 percent from 2017 through 2021. Research and Markets reported that many countries have started to augment their maritime security systems amid escalating possibilities of terrorist attacks through …

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Technavio Estimates Global Military Vertical Take-Off, Landing Aircraft Market CAGR at 4% in 2016-2020

Technavio has released a new report that indicates the global military vertical take-off and landing aircraft market will reach a compound annual growth rate of nearly 4 percent from 2016 through 2020. Technavio said Wednesday the market is segmented into military powered-lift VTOL aircraft and military rotorcraft VTOL aircraft market, …

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Report: UAS Satcom, Imaging Markets to Hit $19.9B & $3.7B by 2025

A new Northern Sky Research report predicts the unmanned aircraft system satellite communications and imaging markets will respectively reach $19.9 billion and $3.7 billion in cumulative revenues over a 10-year period ending 2025. NSR said Monday the defense and intelligence community’s intelligence, surveillance and reconnaissance requirements for operations in hostile areas spur …

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IHS Reports ‘Record-Breaking’ $65B in 2015 Global Defense Trade

IHS has reported a “record-breaking” $65 billion in global defense trade for 2015 after examining trends worldwide across 65 countries based on 40,000 programs in the firm’s Aerospace, Defense & Security’s markets forecast database. IHS said Monday the Global Defense Trade Report noted the Middle East as the largest importing region with an approximate $21.6 billion in …

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