Military Drones Market Size, Share, Analysis Report

Military Drones Market Size by Drone Type (MALE, HALE, TUAV, UCAV and SUAV), By Type (Fixed-Wing, Rotary Wing and Hybrid), Technology (Remotely Operated, Semi-Autonomous and Autonomous), Application (Search and Rescue, National Defense, Military Exercises and Others), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The Military Drones Market is expected to be around US$ 33.5 Billion by 2028 at a CAGR of 12% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • Northrop Grumman
  • Lockheed Martin
  • Space Exploration Technologies Corporation
  • Boeing
  • AeroVironment
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    12

    Fastest Growing Market:

    APAC

    Largest Market:

    North AMerica

    REPORT DESCRIPTION

    The Military Drones Market is expected to be around US$ 33.5 Billion by 2028 at a CAGR of 12% in the given forecast period.

    Various new worldwide military agencies are extensively deploying drones to enforce law, combat missions and significantly to protect borders. The AV military drone market has been growing due to the surging demand for military drone equipment to meet the surging requirement for advanced unmanned aerial vehicle (UAV). UAVs are observing significant deployment in military owing to the surging expenses, rising investments by venture funding and the enormous demand for drone-generated data. The growing incorporation of advanced UAVs in the continuing warfare systems to counter or battle threats, and their surging demand owing to their cost effectiveness compared to manned aircraft also favor the military drone market. Defense industry countries across the world is highly emphasized on video monitoring and investigating, protection of infrastructure, border security, thermo graphic inspection, remote surveillance, law enforcement and fire-fighting, which require technically innovative tools and equipment which further stimulates the market growth.

    The global Military Drones market is segregated on the basis of Drone Type as MALE, HALE, TUAV, UCAV and SUAV. Based on Type the global Military Drones market is segmented in Fixed-Wing, Rotary Wing and Hybrid. Based on Technology the global Military Drones market is segmented in Remotely Operated, Semi-Autonomous and Autonomous. Based on Application the global Military Drones market is segmented in Search and Rescue, National Defense, Military Exercises and Others.

    The global Military Drones market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Military Drones market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    Northrop Grumman, Space Exploration Technologies Corporation, Lockheed Martin, Boeing, AeroVironment, General Atomics, Mitsubishi Electric Corporation, Elbit Systems, Israel Aerospace Industries, Thales, and others are among the major players in the global Military Drones market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Military Drones Market has been segmented as below:

    Military Drones Market, By Drone Type

    • MALE
    • HALE
    • TUAV
    • UCAV
    • SUAV

    Military Drones Market, By Type

    • Fixed-Wing
    • Rotary Wing
    • Hybrid

    Military Drones Market, By Technology

    • Remotely Operated
    • Semi-Autonomous
    • Autonomous

    Military Drones Market, By Application

    • Search and Rescue
    • National Defense
    • Military Exercises
    • Others

    Military Drones Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Military Drones Market, By Company

    • Northrop Grumman
    • Space Exploration Technologies Corporation
    • Lockheed Martin
    • Boeing
    • AeroVironment
    • General Atomics
    • Mitsubishi Electric Corporation
    • Elbit Systems
    • Israel Aerospace Industries
    • Thales
    • China Aerospace Science And Technology Corporation
    • Aeronautics
    • BAE Systems
    • Ball Corporation
    • Airbus

    The report covers:

    • Global Military Drones market sizes from 2021 to 2028, along with CAGR for 2023-2028
    • Market size comparison for 2022 vs 2028, with actual data for 2022, estimates for 2023 and forecast from 2024 to 2028
    • Global Military Drones market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Military Drones market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Military Drones market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Military Drones market share. Major industry players with significant revenue share include Northrop Grumman, Space Exploration Technologies Corporation, Lockheed Martin, Boeing, AeroVironment, General Atomics, Mitsubishi Electric Corporation, Elbit Systems, Israel Aerospace Industries, Thales, and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Military Drones industry trends
    • Find complete analysis on the market status
    • Identify the Military Drones market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

    Customization

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    1.    Introduction
    1.1.    Key Points
    1.2.    Report Description
    1.3.    Markets Covered
    1.4.    Stakeholders
    2.    Research Methodology
    2.1.    Research Scope
    2.2.    Market Research Process
    2.3.    Research Data Analysis
    2.3.1.1.    Secondary Research
    2.3.1.2.    Primary Research
    2.3.1.3.    Models for Estimation
    2.4.    Market Size Estimation
    2.4.1.    Bottom-Up Approach- Segmental Market Analysis
    2.4.2.    Top-Down Approach- Parent Market Analysis
    3.    Executive Summary
    4.    Market Overview
    4.1.    Introduction
    4.1.1.    Drivers
    4.1.2.    Restraints
    4.1.3.    Opportunities
    4.1.4.    Challenges
    4.2.    Porter’s Five Force Analysis
    5.    Military Drones Market, By Drone Type
    5.1.    Introduction
    5.2.    MALE
    5.2.1.    Market Overview
    5.2.2.    Market Size and Forecast
    5.3.    HALE
    5.3.1.    Market Overview
    5.3.2.    Market Size and Forecast
    5.4.    TUAV
    5.4.1.    Market Overview
    5.4.2.    Market Size and Forecast
    5.5.    UCAV
    5.5.1.    Market Overview
    5.5.2.    Market Size and Forecast
    5.6.    SUAV
    5.6.1.    Market Overview
    5.6.2.    Market Size and Forecast
    6.    Military Drones Market, By Type
    6.1.    Introduction
    6.2.    Fixed-Wing
    6.2.1.    Market Overview
    6.2.2.    Market Size and Forecast
    6.3.    Rotary Wing
    6.3.1.    Market Overview
    6.3.2.    Market Size and Forecast
    6.4.    Hybrid
    6.4.1.    Market Overview
    6.4.2.    Market Size and Forecast
    7.    Military Drones Market, By Technology
    7.1.    Introduction
    7.2.    Remotely Operated
    7.2.1.    Market Overview
    7.2.2.    Market Size and Forecast
    7.3.    Semi-Autonomous
    7.3.1.    Market Overview
    7.3.2.    Market Size and Forecast
    7.4.    Autonomous
    7.4.1.    Market Overview
    7.4.2.    Market Size and Forecast
    8.    Military Drones Market, By Application
    8.1.    Introduction
    8.2.    Search and Rescue
    8.2.1.    Market Overview
    8.2.2.    Market Size and Forecast
    8.3.    National Defense
    8.3.1.    Market Overview
    8.3.2.    Market Size and Forecast
    8.4.    Military Exercises
    8.4.1.    Market Overview
    8.4.2.    Market Size and Forecast
    8.5.    Others
    8.5.1.    Market Overview
    8.5.2.    Market Size and Forecast
    9.    Military Drones Market, By Geography
    9.1.    Introduction
    9.2.    North America
    9.2.1.    North America Military Drones, By Drone Type
    9.2.2.    North America Military Drones, By Type
    9.2.3.    North America Military Drones, By Technology
    9.2.4.    North America Military Drones, By Application
    9.3.    Europe
    9.3.1.    Europe Military Drones, By Drone Type
    9.3.2.    Europe Military Drones, By Type
    9.3.3.    Europe Military Drones, By Technology
    9.3.4.    Europe Military Drones, By Application
    9.4.    Asia-Pacific
    9.4.1.    Asia-Pacific Military Drones, By Drone Type
    9.4.2.    Asia-Pacific Military Drones, By Type
    9.4.3.    Asia-Pacific Military Drones, By Technology
    9.4.4.    Asia-Pacific Military Drones, By Application
    9.5.    Rest of the World
    9.5.1.    Rest of the World Military Drones, By Drone Type
    9.5.2.    Rest of the World Military Drones, By Type
    9.5.3.    Rest of the World Military Drones, By Technology
    9.5.4.    Rest of the World Military Drones, By Application
    10.    Competitive Insights
    10.1.    Key Insights
    10.2.    Company Market Share Analysis
    10.3.    Strategic Outlook
    10.3.1.    Mergers & Acquisitions
    10.3.2.    New Product Developments
    10.3.3.    Portfolio/Production Capacity Expansions
    10.3.4.    Joint Ventures, Collaborations, Partnerships & Agreements
    10.3.5.    Others
    11.    Company Profiles
    11.1.    Northrop Grumman
    11.1.1.    Company Overview
    11.1.2.    Product/Service Landscape
    11.1.3.    Financial Overview
    11.1.4.    Recent Developments
    11.2.    Space Exploration Technologies Corporation
    11.2.1.    Company Overview
    11.2.2.    Product/Service Landscape
    11.2.3.    Financial Overview
    11.2.4.    Recent Developments
    11.3.    Lockheed Martin
    11.3.1.    Company Overview
    11.3.2.    Product/Service Landscape
    11.3.3.    Financial Overview
    11.3.4.    Recent Developments
    11.4.    Boeing
    11.4.1.    Company Overview
    11.4.2.    Product/Service Landscape
    11.4.3.    Financial Overview
    11.4.4.    Recent Developments
    11.5.    AeroVironment
    11.5.1.    Company Overview
    11.5.2.    Product/Service Landscape
    11.5.3.    Financial Overview
    11.5.4.    Recent Developments
    11.6.    General Atomics
    11.6.1.    Company Overview
    11.6.2.    Product/Service Landscape
    11.6.3.    Financial Overview
    11.6.4.    Recent Developments
    11.7.    Mitsubishi Electric Corporation
    11.7.1.    Company Overview
    11.7.2.    Product/Service Landscape
    11.7.3.    Financial Overview
    11.7.4.    Recent Developments
    11.8.    Elbit Systems
    11.8.1.    Company Overview
    11.8.2.    Product/Service Landscape
    11.8.3.    Financial Overview
    11.8.4.    Recent Developments
    11.9.    Israel Aerospace Industries
    11.9.1.    Company Overview
    11.9.2.    Product/Service Landscape
    11.9.3.    Financial Overview
    11.9.4.    Recent Developments
    11.10.    Thales
    11.10.1.    Company Overview
    11.10.2.    Product/Service Landscape
    11.10.3.    Financial Overview
    11.10.4.    Recent Developments
    11.11.    China Aerospace Science And Technology Corporation
    11.11.1.    Company Overview
    11.11.2.    Product/Service Landscape
    11.11.3.    Financial Overview
    11.11.4.    Recent Developments
    11.12.    Aeronautics
    11.12.1.    Company Overview
    11.12.2.    Product/Service Landscape
    11.12.3.    Financial Overview
    11.12.4.    Recent Developments
    11.13.    BAE Systems
    11.13.1.    Company Overview
    11.13.2.    Product/Service Landscape
    11.13.3.    Financial Overview
    11.13.4.    Recent Developments
    11.14.    Ball Corporation
    11.14.1.    Company Overview
    11.14.2.    Product/Service Landscape
    11.14.3.    Financial Overview
    11.14.4.    Recent Developments
    11.15.    Airbus
    11.15.1.    Company Overview
    11.15.2.    Product/Service Landscape
    11.15.3.    Financial Overview
    11.15.4.    Recent Developments

    The Military Drones Market has been segmented as below:

    Military Drones Market, By Drone Type

    • MALE
    • HALE
    • TUAV
    • UCAV
    • SUAV

    Military Drones Market, By Type

    • Fixed-Wing
    • Rotary Wing
    • Hybrid

    Military Drones Market, By Technology

    • Remotely Operated
    • Semi-Autonomous
    • Autonomous

    Military Drones Market, By Application

    • Search and Rescue
    • National Defense
    • Military Exercises
    • Others

    Military Drones Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Military Drones Market, By Company

    • Northrop Grumman
    • Space Exploration Technologies Corporation
    • Lockheed Martin
    • Boeing
    • AeroVironment
    • General Atomics
    • Mitsubishi Electric Corporation
    • Elbit Systems
    • Israel Aerospace Industries
    • Thales
    • China Aerospace Science And Technology Corporation
    • Aeronautics
    • BAE Systems
    • Ball Corporation
    • Airbus

    Got a question? We've got answers. If you have some other questions, see our support center.

    The market is expected to grow at a CAGR of 12% during the study period (2023-2028)
    The Military Drones Market is expected to be around US$ 33.50 Billion by 2028.
    The segment included in Military Drones Market is include Drone Type, Type, Technology, Application and region.
    Some key players operating in Military Drones Market include Northrop Grumman, Space Exploration Technologies Corporation, Lockheed Martin, Boeing, AeroVironment, General Atomics, Mitsubishi Electric Corporation
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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