Military Drone Market Size, Segments, and Trends by 2031
Military Drone Market: Strategic Insights
Military Drone Market
-
CAGR (2023 - 2031)10.0% -
Market Size 2023
US$ 12.93 Billion -
Market Size 2031
US$ 27.63 Billion
Market Dynamics
GROWTH DRIVERS
- Increasing Number of Contracts for Military Drones
- Surge in Global Defense Sector
FUTURE TRENDS
- Facial Recognition, Mid-Air Aircraft Refueling Ability, and Other Technological Advancements
OPPORTUNITIES
- Use of Drones in Military Cargo Operations
Key Players
- 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
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Group 1
- Group 2
- Group 3
- Group 4
- Group 5
Application
- ISR
- Warfare
Range
- Short Range
- Medium Range
- Long Range
Technology
- Fixed Wing
- Rotary Wing