NEW YORK, April 9, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
The Global UAV Payload Market 2012-2022 - Market Size and Drivers: Market Profile http://www.reportlinker.com/p01118540/The-Global-UAV-Payload-Market-2012-2022---Market-Size-and-Drivers-Market-Profile.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Aerospace_and_Defense
SynopsisThis report provides readers with a comprehensive analysis of the UAV Payload market through 2012-2022, including highlights of the demand drivers and growth stimulators for UAV Payload. It also provides an insight on the spending pattern and modernization pattern in different regions around the world.
SummaryThe global UAV payload market valued US$4.0 billion in 2012 and is expected to increase at a CAGR of 4.4% during the forecast period, to reach its peak of US$6.1 billion by 2022. The market consists of three categories: radars and communication, sensors and detection, and weaponry. The radars and communication segment is expected to account for 45% of the global UAV payload market, followed by the sensors and detection segment with a share of 41%.Reasons To Buy"The Global UAV Payload Market 2012-2022 - Market Size and Drivers: Market Profile" allows you to: - Gain insight into the UAV Payload market with current and forecast market values.- Understand the key drivers and attractiveness parameters of the global UAV Payload market.- Understand the various factors impacting the growth of the UAV Payload market. Table of Contents 1 Introduction1.1 What is this Report About?1.2 Definitions1.3 Summary Methodology2 Global UAV Payload Market Size and Drivers2.1 UAV Payload Market Size and Forecast 2012-20222.1.1 Global UAV payload market to show positive growth during the forecast period2.2 Global UAV Payload Market - Regional Analysis2.2.1 North America dominates the global UAV payload market2.2.2 Expenditure on radars and communication in US to support the UAV payload market2.2.3 Europe set to spend US$10.5 billion on UAV payload during the forecast period2.2.4 UAV payload market in the Asia-Pacific region expected to grow at a CAGR of 5.1%2.2.5 Israel is expected to lead the UAV payload market in the Middle East2.2.6 Brazil expected to lead the UAV payload sector in the Latin American region2.2.7 Markets in Africa expected to grow as foreign defense manufacturers target the region2.3 UAV Payload Sub-Sector Market Size Composition2.3.1 Radars and communication payloads expected to constitute the largest share of the UAV payload market during the forecast period2.3.2 Sensors and detection payloads expected to grow at a CAGR of 5.1% over the forecast period2.3.3 Weaponry expected to constitute the third largest segment2.4 Demand Drivers and Growth Stimulators2.4.1 Need for advanced surveillance and combat capabilities creating market opportunities for UAV payloads2.4.2 Incorporation of UAVs and associated payloads in areas other than defense2.4.3 Demand for Mini UAVs driving demand for compact miniaturized UAV payload2.5 Defense Budget Spending Review2.5.1 European capital expenditure expected to increase during the forecast period2.5.2 Asian defense budgets expected to increase at a robust pace2.5.3 North American defense expenditure projected to decline marginally during the forecast period2.5.4 Modernization programs likely to drive defense expenditure in South American countries2.5.5 Military budgets of African countries expected to increase during the forecast period2.5.6 Defense budgets of Middle Eastern countries likely to increase during the forecast period2.6 Defense Modernization Review2.6.1 Financial constraints causing delays in European defense modernization programs2.6.2 Defense budgets of Asian countries likely to be driven by competitive arms acquisitions2.6.3 Global economic slowdown leading to defense budget cuts in the North American region2.6.4 Need to replace aging equipment driving South American defense expenditure2.6.5 Security threats increasing the defense budget of African countries2.6.6 Demand for air defense systems is likely to increase in the Middle East3 Appendix3.1 Methodology3.2 Contact us3.3 About SDI3.4 DisclaimerNEW YORK April 9, 2013 /PRNewswire/ -- List of Tables Table 1: Global UAV Payload Market OverviewTable 2: Global UAV Payload Market Overview