All Press Releases for June 21, 2010

UAV Market: Opportunities and Strong Growth in Training and MRO

There is a widening gap between growing UAV fleet and UAV infrastructure development. This gap creates a number of market opportunities for UAV vendors. These are conclusions of the UAV market study recently released by Market Research Media.



    SAN FRANCISCO, CA, June 21, 2010 /24-7PressRelease/ -- There is a widening gap between growing UAV fleet and UAV infrastructure development, especially in such sectors as training; service, support and maintenance; and data management. This gap creates a number of market opportunities for UAV vendors, both large defense contractors and small technology companies. These are conclusions of the market study "U.S. Military Unmanned Aerial Vehicles (UAV) Market Forecast 2013-2018" recently released by Market Research Media.

"More ground control stations would be helpful, and the system is trying to produce more. But even if we had more ground control stations and aircraft, we would not be able to employ them without more pilots and sensor operators," said Lieutenant General Walter E. Buchanan III, Commander U.S. Central Command Air Forces.

The UAV market is still young in comparison with the piloted military aviation. Small technology companies can still find their place in the market traditionally dominated by larger players, especially in such segments as MRO, pilot and sensor operator training, payloads and CGS. It makes sense for small companies to focus on the U.S. Military UAV market, which by all estimates will remain the world's largest UAV market - with market share of about 70% of the global UAV market.

The staff shortage is especially acute for sensor operators because UAVs are carrying more sensors. Shortage of staff and growing demand open a number of market opportunities in:

* Providing training for UAV operators and sensor operators
* Providing simulators and training equipment, hardware and software
* Providing training programs and techniques
* Providing remote operation services.

The report "U.S. Military Unmanned Aerial Vehicles (UAV) Market Forecast 2013-2018" estimates that the U.S. military UAV market will generate $ 86.5 Billion revenues over the period 2013 - 2018, at a CAGR of 12%.

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