Evaluating New Military Drones and Forecasts Show Domestic Military Drone Production Value in Taiwan May Reach NT$40 Billion in 20-30 Years

Reported 11 months ago

Ongoing geopolitical conflicts have boosted the arms market, especially for military drones. An Indian market research company estimates the global military drone market size to reach NT$754.3 billion by 2030, motivating domestic manufacturers to aim for a production value of NT$40 billion. Companies are actively developing new drone models, incorporating the use of carbon fiber materials and advanced technologies to meet military specifications and enhance production efficiency.

Source: YAHOO

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