Dublin, Feb. 26, 2016 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/5tq9g4/global_defense) has announced the addition of the "Global Defense Drones Market 2016-2020" report to their offering.

The global defense industry is driven by massive investments in R&D, leading to the development of advanced technologies that enhance endurance, survivability, and functions of UAVs or drones. For instance, during 2015, the Ministry of Defense, India, announced its plans to collaborate with Lockheed Martin to develop rotary engine-powered UAVs. The rising competition between countries to possess modern and advanced weapons and technologies in the defense sector is expected to drive the growth of the defense drones market.

The large defense drones segment dominated the market during 2015, with a market share of 76%. Large drones such as MALE and HALE have long non-stop flight duration capabilities and can carry different payloads that vary from thermal cameras, listening antennas, and guidance lasers to various kinds of munitions. This enables large defense drones to perform tasks such as fire support, target designation, targeted strike missions, and intelligence gathering and surveillance. These advantages have been contributing to the growth of this segment.

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.

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 Americas accounted for 60% of the global market share during 2015 and is expected to grow at a CAGR of 5% during the forecast period. The increasing deployment of unmanned vehicles in countries such as the US, Brazil, and Latin Americas is driving the growth of the market in this region. For instance, by 2035, the US air force plans to develop and add close to 5,000 new drones.

Competitive landscape and key vendors

The global defense drones market is highly concentrated in countries such as the US and Israel. The vendors in the market compete on the basis of price, quality, innovation, service, reputation, distribution, and promotion.

The leading vendors in the market are

• Israel Aerospace Industries
• General Atomics Aeronautical Systems
• Boeing
• Lockheed Martin
  

Other prominent vendors in the market include

• Textron
• Northrop Grumman
• AeroVirnonment
• Prox Dynamics

For more information visit http://www.researchandmarkets.com/research/5tq9g4/global_defense

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