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Worldwide Military UAV Production of $95 Billion Over the Next Decade (Teal Group 2020/2021 UAV Market Study).

Unmanned Aerial Vehicles (UAVs) will be one of the most dynamic growth sectors of the world aerospace industry this decade.

UAV production will increase from current worldwide UAV production of $5.6 billion annually in 2020 to $14 billion in 2029, totaling $95.5 billion in the next ten years. Military UAV research spending would add another $64.5 billion over the decade. UAV Manufacturers Market Overview reflects the possible shakeup of leadership in the industry as multiple next generation systems are developed” & “New players are emerging, and the leadership of some companies is being threatened.”

The study reflects the rapid growth of interest in the UAV business by covering approximately 60 U.S., European, Asia-Pacific, and Israeli companies, and reveals the fundamental reshaping of the industrial environment as UAV technology proliferates worldwide.

SOURCE Teal Group

This outstanding virtual conference will integrate live audience interaction. Invaluable information will be discussed on the emerging opportunities in the military, commercial and civil markets as well as closely examine current programs and first-hand experiences presented by DoD personnel.

Key Themes to be explored include:

Emerging UAS Service needs and new initiatives, requirements and capabilities from DoD & Government

UAS Maritime and Border Surveillance Needs, Capabilities and Opportunities

Artificial Intelligence applications and Machine Learning emerging capabilities operational T&E

Counter UAS emerging capabilities

Payloads – Sensors – Manned Unmanned Teaming

Cutting-edge UAS Weaponization & Tactics

Need to Know FAA Rules & Regulations in the National Airspace

Non-traditional aviation threats (NTAT)

Shared TTC Conference Comments:

“The most beneficial public business development event I have attended in 3 years.”

– Andy Pennington, K2Share

“The Technology Training Symposium was well run and packed with some of the most relevant and important leaders and thinkers I could have hoped to hear from on this topic. The networking was excellent as well with an easy balance between talks and networking breaks. I learned a tremendous amount about the military microgrid area in two short days, an extremely good Return on Investment!”

– Program Manager at a Top 5 Defense Contractor

“This year’s symposium was fantastic. It brought together users, vendors, and practitioners of smart grid technology. Thank you for creating such a unique environment not only for technical exchange, but also discussions of future collaboration.

– Charlie Chen, Energetics, Inc.

The Symposium was a great venue to meet with leaders breaking ground in this space and discuss challenges, alternatives to address them and new opportunities.

– Thomas W. Mazzone, PMP, Principal Solution Architect, Applied Communication Sciences

The audience ranged from senior officials from multiple industries, as well as senior architects and engineers who were looking for the latest and greatest technologies and trends that they could go back and actively leverage, today and on their own roadmaps. There was nothing but hard hitting facts and highly impactful and relevant knowledge imparted during the symposium. [I eagerly look forward to the next one as a vendor neutral presenter because the contacts I made were priceless].

– Bob Banerjee, Nice, Inc.

The TTC symposium was an excellent exchange of insights and perspectives from energy leaders and practitioners devoting time and money to microgrid technology implementation and advancement.

– Dr. James Galvin, Office of the Deputy Under Secretary of Defense, Installations and Environment

This year’s workshop provided a great opportunity to hear from and engage with senior military policy makers, program managers and thought leaders!

– Dr. Paul Roege, Idaho National Laboratory

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