The Key Players in Global Defense Drones Market 2016-2020, According to a New Study on ASDReports

The report, now available on ASDReports, recognizes the following companies as the key players in the Global Defense Drones Market: Israel Aerospace Industries, General Atomics Aeronautical Systems, Boeing and Lockheed Martin

Other Prominent Vendors in the market are: Textron, Northrop Grumman, AeroVirnonment, and Prox Dynamics.

Commenting on the report, an analyst said: “One of the major trends in the market is high demand for nano-drones in defense. Micro and nano drones are used in military operations that last from days to weeks. This is made possible by the machines auto-entering into low extended power modes. These machines harvest energy from the natural environment, such as sunlight, as also from man-made sources such as powered lights.”

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Global Defense Drones Market 2016-2020

According to the report, Warfare is rising worldwide. Asymmetric warfare is warfare that takes place between two nations that differ significantly in terms of military power or tactics or possession of lethal and advanced weaponry. These kinds of differences can give rise to cold war and conflicts between countries as nations compete to possess advanced and powerful weapons and technologies. The emergence of such asymmetries is likely to fuel the global defense drones market during the forecast period.

Further, the report states that though drones are useful for ISR and communication operations, their slow flying speeds, low battery backup, and limited flight envelopes hinders market growth.

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: Jan 4, 2016