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The military drone market is forecasted to grow by USD 10.29 billion during 2024-2029, accelerating at a CAGR of 13.1% during the forecast period. The report on the military drone market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by recent developments in military drones, escalating security threats, and changing nature of advanced warfare.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The military drone market is segmented as below:
By Type
- Rotary blade
- Fixed wing
- Hybrid
By Technology
- Remotely operated
- Semi-autonomous
- Autonomous
By Deployment
- Visual line of sight (VLOS)
- Extended visual line of sight (EVLOS)
- Beyond visual line of sight (BVLOS)
By Application
- Intelligence surveillance and reconnaissance (ISR)
- Logistics and supply
- Combat and strike missions
By Geographical Landscape
- North America
- APAC
- Europe
- Middle East and Africa
- South America
The report on the military drone market covers the following areas:
- Military Drone Market sizing
- Military Drone Market forecast
- Military Drone Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by Technology
10 Market Segmentation by Deployment
11 Market Segmentation by Application
12 Customer Landscape
13 Geographic Landscape
14 Drivers, Challenges, and Opportunity/Restraints
15 Competitive Landscape
16 Competitive Analysis
17 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global military drone market: AeroVironment Inc., Airbus SE, Anduril Industries Inc., Animal Dynamics Ltd., Asteria Aerospace Ltd., BAE Systems Plc, EDGE Group PJSC, Elbit Systems Ltd., General Atomics, IG Drones, Israel Aerospace Industries Ltd., Leonardo Spa, Lockheed Martin Corp., Northrop Grumman Corp., Rafael Advanced Defense Systems Ltd., Red Cat Holdings Inc., RTX Corp., Saab AB, Shield AI, Teledyne Technologies Inc., Textron Inc., Thales Group, and The Boeing Co..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is development of long-range spy combat drone."
According to the report, one of the major drivers for this market is the recent developments in military drones.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AeroVironment Inc.
- Airbus SE
- Anduril Industries Inc.
- Animal Dynamics Ltd.
- Asteria Aerospace Ltd.
- BAE Systems Plc
- EDGE Group PJSC
- Elbit Systems Ltd.
- General Atomics
- IG Drones
- Israel Aerospace Industries Ltd.
- Leonardo Spa
- Lockheed Martin Corp.
- Northrop Grumman Corp.
- Rafael Advanced Defense Systems Ltd.
- Red Cat Holdings Inc.
- RTX Corp.
- Saab AB
- Shield AI
- Teledyne Technologies Inc.
- Textron Inc.
- Thales Group
- The Boeing Co.