Visiongain Report: Global Military Drone Market’s 2016 Revenue Hit $7.4B

A Visiongain report has estimated worldwide revenue for military unmanned aerial vehicles reached $7.4 billion last year.

The company’s Military UAV Market Report 2016-2026 report  also covers analyses and forecasts on high-altitude long endurance UAVs, medium-altitude long-endurance drones and three other military UAV submarkets over the next 10 years in eight countries that include the U.S., Australia and Japan, ReportBuyer said Wednesday.

The study also features a qualitative analysis of the military UAV market in China, Israel, Russia and Turkey.

Visiongain’s report also includes analysis of M&A activity, product portfolios, strategies and future outlook for the following companies through the forecast period ending 2026.

• Aeronautics
• AeroVironment
• BAE Systems
• Boeing
• Elbit Systems
• General Atomics Aeronautical Systems
• Israel Aerospace Industries
• Leonardo, formerly Finmeccanica
• Lockheed Martin
• Northrop Grumman
• Textron
• Thales Group
• Turkish Aerospace Industries
• Xi’an Aisheng (ASN) Technology Group