Across Europe, militaries have been working through the operational benefits and implications of employing drones. (Photo: UK MOD Crown copyright)
The global military UAV market is experiencing a dynamic transformation, with an estimated US$137.8 billion in unawarded contracts. Among the regions leading this charge, Europe has emerged as a significant and strategic market for UAV manufacturers.
This development is driven by a combination of geopolitical factors, evolving procurement strategies, and the influence of recent conflicts such as the Russo-Ukrainian war.
In North America, the UAV market is heavily concentrated, with $58.5 billion in unawarded spending distributed among just 16.9% of procurement programmes. This means that each programme tends to be large-scale, involving substantial
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