Global Unmanned Aerial Vehicle Payload Market to Reach $2.9 Billion in 2011

According to a market research report titled ‘The UAV Payload and Subsystems Market 2011-2021’ available from Visiongain, the worldwide unmanned aerial vehicle (UAV) payload market, which includes detection sensors, navigation sensors, communication devices, intelligence sensors, lasers and radars, electro-optical/infrared and weaponry, will attain $2.9 billion in fiscal year 2011.

The rise in the deployment of UAVs has increased the worldwide spending on subsystems and payloads for security and military applications. Thus, more number of manufacturers expand their presence in the markets for signals intelligence, weaponry, communications, detection, cameras, radars and sensors for UAVs.

The demands on producers to make sensors and payloads that have high processing power, stronger electronic warfare potential, higher-capacity storage solutions, sophisticated imagery deliverance functionalities and sharper intelligence increase constantly. State buyers require sensor packages that can offer lightweight weaponry, better on-board autonomy and highly sensitive reconnaissance, surveillance and intelligence but with no steep increase in prices or weight.

The direction and development of power, weight and size of UAVs control the unmanned-system payload and subsystems market. However, on a technological basis, the development of payload systems exceeds the development of UAVs according to Visiongain. The development and sales of payload will be driven by the requirement to overcome shortcomings in functionality. Gaps in data and communication systems that restrict the transmission of real time video must be filled, as the requirements for ultra-resolution video or imagery rise. The report offers data to back its country-level and subsector-level outlooks.

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