Military Drone Market Scope And Analysis

  • Report Code : TIPRE00029692
  • Category : Aerospace and Defense
  • No. of Pages : 150
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Military Drone Market Scope and Analysis by 2031

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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
  • Group 1
  • Group 2
  • Group 3
  • Group 4
  • Group 5
By Application
  • ISR
  • Warfare
By Range
  • Short Range
  • Medium Range
  • Long Range
By Technology
  • Fixed Wing
  • Rotary Wing
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Lockheed Martin Corp
  • Northrop Grumman Corp
  • Thales SA
  • Boeing Co
  • Elbit Systems Ltd
  • General Atomics
  • Textron Systems Corp
  • BAE Systems Plc
  • AeroVironment Inc
  • Israel Aerospace Industries Ltd
  • 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