Military Drone Market Scope and Analysis by 2031
Military Drone Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 12.93 Billion |
Market Size by 2031 | US$ 27.63 Billion |
Global CAGR (2023 - 2031) | 10.0% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Military Drone Market News and Recent Developments
The Military Drone Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for military drone market and strategies:
- In 2023, General Atomics and Hindustan Aeronautics Limited (HAL) jointly announced that turbo-propeller engines, which power GA-ASI’s state-of-art MQ-9B Remotely Piloted Aircraft System (RPAS), will be supported by the HAL Engine Division at Bengaluru for the Indian market. (Source: General Atomics, Press Release/Company Website/Newsletter)
- On February 2023, Aerovironment announced it was selected by the United States Army on Feb. 28, 2023, to move forward in the Future Tactical Unmanned Aircraft System FTUAS program. (Source: Aerovironment, Press Release/Company Website/Newsletter)
Military Drone Market Report Coverage and Deliverables
The “Military Drone Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed Porter’s Five Forces analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles with SWOT analysis