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

Reported about 1 year 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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