The Key Players in Global UAV Payload and Subsystems Market 2015-2019, According to a New Study on ASDReports

The report , now available on ASDReports, recognizes the following companies as the key players in the Global UAV Payload and Subsystems Market: AeroVironment, Boeing, Elbit Systems, Lockheed Martin and Northrop Grumman

Other Prominent Vendors in the market are: AAI, Alpha Unmanned Systems, BAE Systems, IAI, and Insitu Pacific.

Commenting on the report, an analyst said: “Stealth technology was previously used in manned aircraft to go undetected by the radar. Military forces across the world adapted this technology, which helped in the successful completion of their missions. UAVs also use this technology to perform ISR missions. In 2013, the US Air Force announced the development of stealth UAVs with Northrop Grumman. These will carry radio frequency sensors such as passive electronic surveillance measures and active electronically scanned array (AESA) radar, and will also be capable of performing electronic attack missions.”

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Global UAV Payload and Subsystems Market 2015-2019

According to the report, the introduction and customization of UAVs in the commercial sector is increasing steadily because of advantages such as low operational cost and efficient time management. For example, monitoring pipelines continuously is essential in the oil and gas industry to ensure safe and effective operations. This can be performed with the help of digital cameras mounted on small UAVs.

Further, the report states that due to the absence of transponders in many UAVs, they lack the ability to transmit and receive signals like commercial aircraft. In addition, it is difficult to detect small UAVs in radars. Hence, there is risk of collision with these different types of aircraft.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Read more on ASDReports or Download Report Information

Source: ASDReports - Market Research
Date: Oct 12, 2015