Hardware, one of the segments analyzed by Global Industry Analysts, is projected to record 5.1 per cent CAGR and reach US$602.1 million
The global UAV ground control station (GCS) market has been forecast to reach $806.4 million by 2026. Global market for defense (End-Use) segment is estimated at US$530.8 million in 2020, and is projected to reach US$721.9 million by 2026 reflecting a compounded annual growth rate of 5.3 per cent over the analysis period.
Hardware, one of the segments analyzed by Global Industry Analysts, is projected to record 5.1 per cent CAGR and reach US$602.1 million by the end of the analysis period. “After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is readjusted to a revised 6.5 per cent CAGR for the next 7-year period,” read a report by Global Industry Analysts.
The UAV Ground Control Station market in the U.S. is estimated at US$253.2 million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$142.8 million by the year 2026 trailing a CAGR of seven per cent over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at four and 4.5 per cent respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.7 per cent CAGR.
The increasing dependence on UAVs in battlefield operations, weather monitoring, law enforcement, research and several other areas makes GCSs a perfect solution for efficient, flexible control and monitoring of these vehicles. GCSs are indispensable part of operation intended to control UAVs used in a diverse spectrum of military and commercial applications. GCS encompasses sophisticated software and hardware components that allow users to remotely control and communicate with the UAVs. The control is achieved by setting configurations for direct control or autonomous operations of UAVs. Generally deployed near or in operating or battlefield zones, GCSs can be located at different controlled bases.
