The market for UAV is driven by continuous technological innovations in the domain.
In recent years, UAVs have gained significant importance as a result of being extensively deployed in war zones, counter-terrorism operations especially in South Asia and Middle East. UAVs could lead the way into higher risk areas by reducing risks for manned aircraft while challenging next-generation air defense system using stealth technology.
Future UAVs will be quite stealthier, faster, highly advanced equipped for more autonomous, more lethal, electronic warfare, and would be able to deploy a large set of mini-UAVs in swarm groups.
GlobalData’s UAV Market 2019-2029 report delves into this further.