(English) Teal Group Predicts Worldwide Military UAV Production of $95 Billion Over the Next Decade in its 2020/2021 UAV Market Profile and Forecast

WASHINGTON, Dec. 31, 2020 /PRNewswire/ — Unmanned Aerial Vehicles (UAVs) will be one of the most dynamic growth sectors of the world aerospace industry this decade, report Teal Group analysts in their latest market analysis.

Teal Group’s 2020/2021 market study estimates that UAV production will increase from current worldwide UAV production of $5.6 billion annually in 2020 to $14 billion in 2029, totaling <span…