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Teal Group Predicts Worldwide UAV Market Will Total $89 Billion In Its 2013 UAV Market Profile And Forecast

UAV Companies

The  study also includes a UAV Manufacturers Market Overview that reflects the worldwide UAV market "again continuing as one of the prime areas of growth for defense and aerospace companies," said Finnegan.  The new study reflects the rapid growth of interest in the UAV business by covering more than 40 US, European, South African and Israeli companies, and reveals the fundamental reshaping of the industrial environment.

As prime contractors and small companies compete in the dynamic UAV market, they are adopting widely different strategies.  "Our overview tracks the widely varying approaches being taken by these key companies, ranging from outright acquisitions to teaming arrangements and internal development of new UAV systems," said Finnegan.  "It shows how companies worldwide are responding to the growth of the UAV market."

The 2013 edition includes UAV market forecast spreadsheets, permitting data manipulation and offering a powerful strategic planning mechanism.

The Teal Group is an aerospace and defense market analysis firm based in Fairfax, Virginia USA.  It provides competitive intelligence to industry and government worldwide.

SOURCE Teal Group

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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