increasing investments by the Chinese government for the procurement of the drones. The government is focusing on enhancing the domestic production of drones to reduce the imports from the U.S. For instance, in July 2017, China started the production of the CH5 Rainbow that will cost half as compared to the U.S. MQ-9 Reaper. U.S. Military Drone Market Share, By Product, 2016
Browse key industry insights spread across 350 pages with 427 market data tables & 40 figures & charts from the report, “Military Drone/Unmanned Aerial Vehicle (UAV) Market Size By Product (Fixed Wing, Rotary Blade, Hybrid), By Technology (Remotely Operated, Semi-Autonomous, Autonomous), By Range (VLOS (Visual Line of Sight), BVLOS (Beyond VLOS), EVLOS (Elevated VLOS)), By Maximum Take-Off Weight (<25KG, 25-150KG, >150KG), By Application (Defense [Intelligence, Surveillance & Reconnaissance, Combat Operations, Battle Damage Management, Border Management], Government [Traffic Monitoring, Police Operations & Investigation, Firefighting & Disaster Management]), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, Australia, China, India, Japan, South Korea, Brazil, Mexico, Argentina, UAE, Israel, South Africa), Growth Potential, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents: https://www.gminsights.com/industry-analysis/military-drone-market The global military drone market is characterized by the presence of both major market players with diverse product portfolios and start-ups that provide niche products, solutions, and services. The major vendors in the military drone market are Aerovironment, Inc., BAE Systems, Inc., Boeing, China Aerospace, General Atomic, Israel Aerospace Industries Ltd., Northrop Grumman, Leonardo, Lockheed Martin, 2|Page