UAV Market To Total $89 Billion Over Next Ten Years -- Defpro
Teal Group Market Profile and Forecast Sees $6.6Bn in Annual Spending
Unmanned Aerial Vehicles (UAVs) continue as the most dynamic growth sector of the world aerospace industry this decade, report Teal analysts in their latest integrated market analysis. Teal Group’s 2012 market study estimates that UAV spending will almost double over the next decade from current worldwide UAV expenditures of $6.6 billion annually to $11.4 billion, totaling just over $89 billion in the next ten years.
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Update: $11.4B annual growth in UAV expenditures -- UPI
My Comment: I have a gut feeling that the UAV market is actually going to be bigger than the $89 billion that is being projected over the next 10 years..
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