Overview of the global UAV flight training and simulation market
Technavio’s market research analyst predicts the global unmanned aerial vehicle (UAV) flight training and simulation market to grow steadily at a CAGR of above 7% by 2021. One of the primary drivers for this market is the growing need for UAV flight simulation. The growing number of UAV and unmanned aerial system (UAS) procurements is one of the major factors driving the need for efficient pilot training. UAV flight simulation and training allows the operators to get trained in a real-time scenario. The trainees are provided with the opportunity to operate UAVs in a virtual environment, which is realistic and accurate without any risks and constraints. Additionally, it has also been noted that from military applications, UAVs have also found application in commercial applications like aerial photography, 3D mapping, wildlife protection, and agriculture. Moreover, the increasing number of military UAVs is propelling the need for effective training to UAV operators, which, in turn, is spurring the need for UAV flight training and simulation in the coming years.
In terms of geography, the Americas accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years. High military expenditure and advances in technology are the key factors responsible for the growth of the UAV flight training and simulation market in the region. The US is the largest defense spender as well as defense exporter in the global market. SUAVs operated by the US military not only perform intelligence, surveillance, and reconnaissance (
Overview of the global unmanned sea systems market
The global unmanned sea systems market is anticipated to grow at a steady rate and will post a CAGR of close to 8% during the forecast period. The increasing number of investments in maritime surveillance capabilities will drive the growth prospects for the global unmanned sea systems market until the end of 2021. These investments enable the defense industry to incorporate more technological advancements into the production segment to ensure successful combat operations. It has been observed that several defense agencies are investing in surveillance capabilities also to enhance the combat and surveillance capabilities of their naval platforms. In addition, one of the market’s trends in the defense industry is the increasing adoption of next-generation sensors, which are smaller in size, weight, and consume less energy. The naval platforms are integrated with electro-optical (EO) and IR sensors to provide better visibility with greater range during the day and ensure superior surveillance capability during day and night respectively. Furthermore, maritime surveillance applications highly require unmanned sea systems that drive the rate of investments in the development of next-generation unmanned sea systems.
The emergence of 3D printing and composite materials will drive the growth prospects for the global unmanned sea systems
Overview of the global fast attack craft (FAC) market
Market research analysts at Technavio predict that the global FAC market will grow steadily during the next four years and post an impressive revenue of more than USD 3 billion by 2021. This market research analysis identifies the increased development of ship-based missiles as one of the primary growth factors for this market. It has been observed that a number of countries across the globe have delayed or canceled several development projects and procurement plans due to budgetary constraints. This led to the increased adoption of missile boats or torpedo boats, which are relatively low-cost platforms. These vessels or FAC are armed with anti-ship missiles and have mainly been incorporated in the navy inventories of countries that have low military expenses. Despite being fitted with firepower, these boats offer swift mobility. Moreover, these ships also have the ability to deploy anti-ship guided self-propelled warheads, which eliminates the need for the additional deployment of larger ships.
One of the major trends that will gain traction in this market is the development of biodiesel-powered naval vessels. The rise in usage of diesel fuel and crude oil has resulted in the increasing focus of countries across the globe to reduce greenhouse gas emissions in naval operations. Countries in the EU and the US have introduced regulations that mandate that usage of biofuel as an alternative fuel for crude oil. The US Navy has already set a goal of procuring 336 million gallons of advanced alternative fuels annually by 2020.
Overview of the global MPA market
The global MPA market is anticipated to grow at a steady rate and will post a CAGR of close to 5% during the forecast period. The increasing competition among prime contractors and sub-contractors will propel the growth prospects for the global MPA market in the forthcoming years. With the increasing territorial and undersea threats, the government is heavily investing in the defense sector to combat tensions and address sovereign security matters. As a result, the opportunity for defense contractors improves that allows them to sell more airborne platforms such as the MPA equipped with highly advanced military weapons systems. Also, with the growing competition, contractors are increasingly focusing on acquisitions and joint ventures. For instance, the Poseidon involves the efforts of Boeing's partners including BAE Systems, Raytheon, Northrop Grumman, Spirit AeroSystems, and GE Aviation. Also, the manufacturers are incorporating different approaches to reach different segments of customers ranging from larger economies such as Taiwan and Singapore to smaller nations with limited resources such as Brunei due to the rising demand for effective surveillance platforms and sensor providers.
The transformation of commercial aircraft to MPA will accelerate the growth prospects for the global MPA market for the next four years. Some of the major benefits of converting the commercial aircraft to an MPA is the reduction of developmental risks involved with the manufacturing of a new platform, the economy of scale, reliability, easy
Overview of the global non-lethal weapon market
Technavio’s market research analyst predicts the global non-lethal weapon market to grow steadily at a CAGR of around 6% by 2021. One of the primary drivers for this market is the rise in the emphasis on adoption of non-lethal weapons. Non-lethal weapon systems are mostly used in operations for controlling civilians, maintaining peace and order within urban regions, and conducting humanitarian missions in the third-world countries. These weapons temporarily harm the person and are often used in combat situations where lethal force cannot be applied. Such weapons are also capable of switching to lethal modes if required. This added functionality makes these weapons a favourable choice for the authorities. Moreover, advantages like multiple target attack capability and high accuracy are other the key factors driving investments in this market.
One of the latest trends gaining traction in this market is the adoption of vehicle-mounted non-lethal weapons. The US military force has been using a self-defense smoke obscurant system that is externally mounted on high mobility multipurpose wheeled vehicles (HMMWVs), known as light vehicle obscuration smoke system (LVOSS). In August 2015, a US-based tactical vehicle manufacturer, Oshkosh Defense, secured the first production contract for the manufacture and supply of JLTVs. It is expected that the JLTVs will also have similar characteristics as that of the HMMWVs with mounted LVOSS so that they have expanded operational capabilities and can be used to cover various missions.
Competitive landscape and key vendors
At present, the primary users for military non-lethal weapons are shifting their focus from quantity to quality of impact. Quality impact coupled with cost effectiveness pose a major challenge for the vendors in the non-lethal weapons market. To counter this, vendors are
Overview of the global stun gun market
The global stun gun market is anticipated to grow at a steady rate and will post a CAGR of close to 8% during the forecast period. The growing emphasis on using conducted electrical weapon (CEWs) will drive the growth prospects for the global stun gun market until the end of 2021. One of the major factor leading to the deployment of CEWs is to incapacitate a hostile person by causing pain through the application of electric current. Also, when lethal force is avoided to maintain human right laws, the military personnel, police, and law enforcement agencies deploy CEWs. Moreover, stun guns with probes are effective against people who are under the influence of drugs or alcohol that makes them less sensitive to pain. In addition, stun guns are increasingly preferred by military and law enforcement agencies since it reduces the risk of fatality and can be used from a safer distance.
The development of stun gun with integrated heart monitoring system will drive the growth prospects for the global stun gun market during the forecasted period. Since the deployment and use of CEWs involve factors such as pre-existing medical conditions, dependency on illicit drugs, as well as cardiac rhythm disturbances, a vital importance is also given to the development technologies that can monitor the pre-existing medical conditions. For instance, in August 2016, a team of researchers at the Wake Forest University modified a taser gun by integrating the heart rate and rhythm monitoring system that can transmit electrocardiogram signals.
Competitive landscape and key vendors
The global stun gun market is highly diversified and competitive due to the presence of a large number of vendors across the globe. It has been observed that cost-efficiency is one of the major challenges that vendors face during production. Also, it is necessary that vendors
The defense industry is involved in the research and development, design, and production of military materials, equipment, and facilities. The industry can be divided into two major segments: defense contractors and the arms industry.
Defense contractors are the organizations that provide products and services to military departments and governments. The arms industry produces guns, ammunition, military aircraft, and associated products.
Ongoing budget cuts and funding constraints are expected to be a major challenge for the defense industry over the next couple of years. Several major defense programs have been cancelled and new platforms lack funding support from customers.
Global revenues in the defense sector will likely continue to decrease in 2015 at an estimated rate of 1.3%. This will be offset by greater defense spending in the United Arab Emirates, India, Russia, Japan, and South Korea, as these countries work to equip their militaries with modern defense platforms and technologies.
The world’s biggest defense contractors include BAE Systems, Boeing Defense, General Dynamics, Lockheed Martin, Northrop Grumman, and Raytheon.