UPI en Español  |   UPI Asia  |   About UPI  |   My Account
Search:
Go

India predicted as 'boom' market for UAVs

|
 
Boeing Hummingbird UAV UPI/Roger L. Wollenberg
Boeing Hummingbird UAV UPI/Roger L. Wollenberg 
License photo
Published: March. 19, 2013 at 1:42 PM

ANAHEIM, Calif., March 19 (UPI) -- India is being tipped as a "booming" market for micro- and mini-unmanned aerial vehicles for civilian and military use.

The projection was made by Advanced Defense Technologies Inc., a U.S. developers systems and technologies for the military defense and homeland security and its international industry partners.

"The surging market in the global sale of UAVs occurs at a time when these systems are becoming a common tool not just in the military but for civilian use as well," it said. "ADTI foresees the India marketplace for drones and UAVs, used for reconnaissance and mapping to surveillance, border or maritime patrol, a multimillion-dollar business that will grow steadily.

"ADTI with its technology advances in payload systems anticipate a significant part of the future booming market."

The UAVs sector was recently called the fastest-growing sector in the aerospace industry by the Teal Group, a defense industry consultant. Current global UAV sales are about $6.6 billion annually and are expected to double over the next decade -- a prediction not lost on ADTI.

"The global drone and UAV market is growing at a very fast rate and becoming the largest portion of the aircraft sales in the world," R.S. Tahim, president and chief executive officer of Advanced Defense Technologies Inc. said.

"The general public will soon understand that less controversial uses for UAVs are being explored increasingly in the humanitarian, environment and agricultural sectors. In many cases, the systems are safer and cheaper than manned aircraft and in some cases the mini- and micro-drones will do things for the commercial civilian markets that were not possible before."

Recommended Stories
© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
Join the conversation
Most Popular Collections
'Star Trek Into Darkness' screening NBC upfronts Met Ball 2013
'Great Gatsby' premieres in New York Spire raised on top of One WTC 2013: Celebrity break ups and divorces
Additional Security Industry Stories
1 of 16
Flags-In Ceremony at Arlington National Cemetery
View Caption
Staff Sgt. Jeffrey Roskos with the 3rd U.S. Infantry Regiment, "The Old Guard," participates in the annual Flags-In ceremony, May 23, 2013, at Arlington National Cemetery in Arlington, Virginia. Soldiers place American flags in front of more than 260,000 gravestones in the cemetery in honor of Memorial Day. UPI/Kevin Dietsch
fark
Two dedicated farkers have been giving all they've got, determined to save feline lives - no matter...
SEE?? Even small market newspapers speak our language...(Insert gratuitous mention of Drew here)...
Cool: Comedian Doug Stanhope starts an IndieGoGo campaign to raise $50,000 for the woman who said...
Hobby Lobby says it is a ministry and should not have to pay fines under Obamacare
Stookey, lend me your home
Woman holds off cops for hours by refusing to turn over video of beating without a warrant, fearing...