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Demand for Upgrades and Support Services Lend Wing to U.S DoD Unmanned Aerial Systems Market Finds Frost & Sullivan - UAS manufacturers must exploit foreign and commercial markets to ensure growth as DoD budgets decline, finds Frost & Sullivan - Defense.Frost.com
Demand for Upgrades and Support Services Lend Wing to U.S DoD Unmanned Aerial Systems Market Finds Frost & Sullivan

 

PRZOOM - /newswire/ - Mountain View, CA, United States, 2015/04/16 - UAS manufacturers must exploit foreign and commercial markets to ensure growth as DoD budgets decline, finds Frost & Sullivan - Defense.Frost.com.

   
 
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Demand for unmanned aerial systems (UAS) from the U.S. Department of Defense (DoD) is steadily decreasing as the planned production of several procurement programs draw to a close. Future spending will favor upgrades and logistical support for existing UAS platforms. Upgrades will particularly focus on optimizing the size, weight, power and cooling requirements of sensors and subsystems while reducing cost.

New analysis from Frost & Sullivan, US DoD Unmanned Aerial Systems Market, finds the DoD funding for UAS stood at $3.53 billion in 2014 and estimates this to reach $6.64 billion in 2019, a compound annual growth rate of 6.8 percent.

“In the face of budget reductions, the processing, exploitation and dissemination (PED) of UAS data has been overlooked in favor of advancements in sensors,” said Frost & Sullivan Aerospace and Defense Senior Industry Analyst Michael Blades. “PED must be developed to respond to the unprecedented growth in data collection caused by the rapid proliferation of platforms and payload capabilities.”

UAS technology will further evolve rapidly in line with dynamic market needs:
Future UAS platforms, tactical and substantial, will require defensive capabilities or will be teamed with manned systems for protection

• Military operations will trend toward small, swiftly deployable mission packages for short duration counter-terrorist and counter-insurgency operations;
• Ground-based counter UAS is being built to defeat UAS threats;
• Personal miniature UAS (MUAS) for reconnaissance and surveillance will become standard issue in troop deployment, especially for special operations forces;
• Lethal miniature aerial munition systems (LMAMS) will become the tactical attack weapon of choice over less accurate options, such as mortars.

“With competition intensifying as more foreign companies develop these highly capable systems, domestic UAS platform manufacturers must exploit opportunities in overseas military and commercial markets,” advised Blades. “Large, diversified UAS manufacturers can also aggressively evaluate and target smaller UAS firms, foreign and domestic, for acquisition and strategic partnerships in order to widen their consumer base.”

US DoD Unmanned Aerial Systems Market is part of the Defense (defense.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: Optionally Piloted Helicopters, Global Launch Systems and Satellites, Global Airport Security Technology Market Assessment, and Global Military Helicopters Market Assessment. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.

The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

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US DoD Unmanned Aerial Systems Market / NE70-16

 
 
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Demand for Upgrades and Support Services Lend Wing to U.S DoD Unmanned Aerial Systems Market Finds Frost & Sullivan

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Frost & Sullivan | UAS Technology
Contact: Kayla Belcher 
210-247-2450 kayla.belcher[.]frost.com
 
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