The global Unmanned Aerial Vehicle (UAV) Market size is expected to gain impetus from an increasing procurement of military UAVs by defense forces across the world. This information is published in a report by Fortune Business Insights, titled, “Unmanned Aerial Vehicle (UAV) Market Size, Share & Industry Analysis, By Application (Military, Commercial & Civil, Homeland Security, Consumers), By System (Airframe, Payload, Avionics, Propulsion), By Technology (Remotely Operated, Semi-Autonomous, Fully-Autonomous), By Class (Small UAVs, Tactical UAVs, Strategic UAVs, Special Purpose UAVs), By Type (Fixed-Wing UAVs, Multirotor UAVs, Single Rotor UAVs, Hybrid CTOL UAVs), MTOW, Range, and Regional Forecast, 2015-2026.” As per the report, the market is projected to reach USD 27.40 Billion by 2026, thereby exhibiting a CAGR of 12.54%. However, the UAV market size was valued at USD 9.70 Billion in 2018.