For a long time, the US has been a pioneer in the use of UAVs in combat. The development of armed Unmanned Aerial Vehicles (UAVs) is an important field of innovation. These developments are projected to lead to expanded employment of drones in a wide range of industries, from commercial to military. UAV technology is advancing at a rapid rate. Military drones or UAVs include the MQ-4 Reaper, MQ-1B Predator, QF-4 Aerial Target, RQ-4 Global Hawk, AeroVironment Wasp AE, RQ-1 Predator, BQM-155 Hunter, CL-289 Piver, and others. Drones are also employed to collect data on ongoing and life-threatening military missions in real-time using their intelligence, surveillance, and reconnaissance (ISR) capabilities. They hover above the targets, look for their position, and then attack them when they are visible. Lingering munitions are weapons or flying bombs equipped with high-resolution cameras and infrared devices for surveillance purposes. Drones can also be employed as loitering weapons. Countries such as China, India, Germany, and Azerbaijan operate remotely controlled unmanned aerial vehicles (UAVs) intended to carry explosives for defense forces. Some drones, on the other hand, have been created for vital activities such as transporting weapons. Several drones are being developed exclusively for surveillance purposes. Military drones are already in use in around 95 nations across the world. In 2019, orders for at least 3,447 new unmanned air, ground, and marine systems were placed, representing a threefold increase over 2018.
Military spending on UAV technology is expected to rise as a fraction of total military budgets, providing possibilities for specialist drone manufacturers and software developers. Ground troops are currently using small drones regularly. Increased demand for unmanned aerial vehicles in military applications, rapid technological advancements in UAVs, increased demand for better surveillance solutions, and increasing commercial drone applications are some major factors expected to continue to drive market revenue growth.ĭrones have been used by national defense forces across the world for over a decade.
The Unmanned Aerial Vehicle (UAV) market size reached USD 23.60 Billion in 2021 and is expected to register a revenue CAGR of 14.6% during the forecast period.