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India Attempts to Break Into the Global UAV Market

As per Global Data UK Ltd, the Global Military UAV Market 2019–2029 report indicates that the global military UAV market will be driven by internal and external security threats, territorial disputes, and modernization initiatives undertaken by armed forces across the world. Significant UAV customers include countries in the Asia Pacific and North American region, and the global UAV market will be dominated by the US throughout the forecast period. Asia Pacific’s share of the global UAV market is also projected to increase, largely due to a number of international territorial conflicts and insurgency issues. The Report contends that The Military UAV Market, valued at US$10.9 billion in 2019, is projected to grow at a CAGR of 3.14% to reach US$14.8 billion by 2029. UAVs are force multipliers thus countries are allocating substantial defense budgets to the R&D and procurement of advanced UAVs.........................

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Please try to make aware each and every citizen of india about this facility.

Helpline 1090
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