Global UAV market forecast to grow 4.08% to 2021 says new market analysis
Reportbuyer.com has added two reports analysing the rapidly growing UAVmarketDespite the recent defence spending cuts, armed forces persist in spending on unmanned aerial vehicles. UAVs have repeatedly proven themselves inIraqandAfghanistanand their relative low-cost compared to manned platforms makes them highly attractive alternatives in a climate of restrained or even declining defence budgets. The global UAV market is projected to grow at a CAGR of 4.08% during the forecast period (2011-2021) to hit US$10.5 billion in 2021. According to the report ‘The Global UAV Market 2011-2021’ (