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Military Drone Market 2024-2028

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    Report

  • 183 Pages
  • May 2024
  • Region: Global
  • TechNavio
  • ID: 5767881
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The military drone market is forecast to grow by USD 8.50 billion during 2023-2028, accelerating at a CAGR of 12.21% 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.

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 military drone market is segmented as below:

By Type

  • Rotary Blade
  • Fixed Wing
  • Hybrid

By Technology

  • Remotely operated
  • Semi-autonomous
  • Autonomous

By Geographical Landscape

  • North America
  • APAC
  • Europe
  • Middle East and Africa
  • South America
This study identifies the development of long-range spy combat drone as one of the prime reasons driving the military drone market growth during the next few years. Also, adoption of laser-powered UCAV and use of AI for autonomous UAVs will lead to sizable demand in the market.

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 robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading military drone market vendors that include AeroVironment Inc., Airbus SE, Anduril Industries Inc., Animal Dynamics Ltd., Asteria Aerospace Ltd., BAE Systems Plc, EDGE Group PJSC, Elbit Systems Ltd., General Atomics, Israel Aerospace Industries Ltd., Leonardo Spa, Lockheed Martin Corp., Northrop Grumman Corp., Rafael Advanced Defense Systems Ltd., RTX Corp., Red Cat Holdings Inc., Saab AB, Shield AI, Teledyne Technologies Inc., Textron Inc., Thales Group, and The Boeing Co.. Also, the military drone market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 an analysis of the key vendors.

The publisher 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 research - both primary and secondary. 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
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Technology
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Military Drone Market 2018 - 2022
Historic Market Size - Data Table on Global Military Drone Market 2018 - 2022 ($ million)
4.2 Type segment analysis 2018 - 2022
Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 Technology segment analysis 2018 - 2022
Historic Market Size - Technology Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
6.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
6.3 Rotary Blade - Market size and forecast 2023-2028
Chart on Rotary Blade - Market size and forecast 2023-2028 ($ million)
Data Table on Rotary Blade - Market size and forecast 2023-2028 ($ million)
Chart on Rotary Blade - Year-over-year growth 2023-2028 (%)
Data Table on Rotary Blade - Year-over-year growth 2023-2028 (%)
6.4 Fixed Wing - Market size and forecast 2023-2028
Chart on Fixed Wing - Market size and forecast 2023-2028 ($ million)
Data Table on Fixed Wing - Market size and forecast 2023-2028 ($ million)
Chart on Fixed Wing - Year-over-year growth 2023-2028 (%)
Data Table on Fixed Wing - Year-over-year growth 2023-2028 (%)
6.5 Hybrid - Market size and forecast 2023-2028
Chart on Hybrid - Market size and forecast 2023-2028 ($ million)
Data Table on Hybrid - Market size and forecast 2023-2028 ($ million)
Chart on Hybrid - Year-over-year growth 2023-2028 (%)
Data Table on Hybrid - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
7 Market Segmentation by Technology
7.1 Market segments
Chart on Technology - Market share 2023-2028 (%)
Data Table on Technology - Market share 2023-2028 (%)
7.2 Comparison by Technology
Chart on Comparison by Technology
Data Table on Comparison by Technology
7.3 Remotely operated - Market size and forecast 2023-2028
Chart on Remotely operated - Market size and forecast 2023-2028 ($ million)
Data Table on Remotely operated - Market size and forecast 2023-2028 ($ million)
Chart on Remotely operated - Year-over-year growth 2023-2028 (%)
Data Table on Remotely operated - Year-over-year growth 2023-2028 (%)
7.4 Semi-autonomous - Market size and forecast 2023-2028
Chart on Semi-autonomous - Market size and forecast 2023-2028 ($ million)
Data Table on Semi-autonomous - Market size and forecast 2023-2028 ($ million)
Chart on Semi-autonomous - Year-over-year growth 2023-2028 (%)
Data Table on Semi-autonomous - Year-over-year growth 2023-2028 (%)
7.5 Autonomous - Market size and forecast 2023-2028
Chart on Autonomous - Market size and forecast 2023-2028 ($ million)
Data Table on Autonomous - Market size and forecast 2023-2028 ($ million)
Chart on Autonomous - Year-over-year growth 2023-2028 (%)
Data Table on Autonomous - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Technology
Market opportunity by Technology ($ million)
Data Table on Market opportunity by Technology ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ million)
Data Table on South America - Market size and forecast 2023-2028 ($ million)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 UK - Market size and forecast 2023-2028
Chart on UK - Market size and forecast 2023-2028 ($ million)
Data Table on UK - Market size and forecast 2023-2028 ($ million)
Chart on UK - Year-over-year growth 2023-2028 (%)
Data Table on UK - Year-over-year growth 2023-2028 (%)
9.11 India - Market size and forecast 2023-2028
Chart on India - Market size and forecast 2023-2028 ($ million)
Data Table on India - Market size and forecast 2023-2028 ($ million)
Chart on India - Year-over-year growth 2023-2028 (%)
Data Table on India - Year-over-year growth 2023-2028 (%)
9.12 Turkey - Market size and forecast 2023-2028
Chart on Turkey - Market size and forecast 2023-2028 ($ million)
Data Table on Turkey - Market size and forecast 2023-2028 ($ million)
Chart on Turkey - Year-over-year growth 2023-2028 (%)
Data Table on Turkey - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Opportunity/Restraints
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints
11 Competitive Landscape
11.1 Overview
11.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
Overview on factors of disruption
11.4 Industry risks
Impact of key risks on business
12 Competitive Analysis
12.1 Companies profiled
Companies covered
12.2 Market positioning of companies
Matrix on companies position and classification
12.3 AeroVironment Inc.
AeroVironment Inc. - Overview
AeroVironment Inc. - Business segments
AeroVironment Inc. - Key news
AeroVironment Inc. - Key offerings
AeroVironment Inc. - Segment focus
12.4 BAE Systems Plc
BAE Systems Plc - Overview
BAE Systems Plc - Business segments
BAE Systems Plc - Key news
BAE Systems Plc - Key offerings
BAE Systems Plc - Segment focus
12.5 Elbit Systems Ltd.
Elbit Systems Ltd. - Overview
Elbit Systems Ltd. - Product / Service
Elbit Systems Ltd. - Key news
Elbit Systems Ltd. - Key offerings
12.6 General Atomics
General Atomics - Overview
General Atomics - Product / Service
General Atomics - Key offerings
12.7 Israel Aerospace Industries Ltd.
Israel Aerospace Industries Ltd. - Overview
Israel Aerospace Industries Ltd. - Product / Service
Israel Aerospace Industries Ltd. - Key news
Israel Aerospace Industries Ltd. - Key offerings
12.8 Lockheed Martin Corp.
Lockheed Martin Corp. - Overview
Lockheed Martin Corp. - Business segments
Lockheed Martin Corp. - Key news
Lockheed Martin Corp. - Key offerings
Lockheed Martin Corp. - Segment focus
12.9 Northrop Grumman Corp.
Northrop Grumman Corp. - Overview
Northrop Grumman Corp. - Business segments
Northrop Grumman Corp. - Key news
Northrop Grumman Corp. - Key offerings
Northrop Grumman Corp. - Segment focus
12.10 Rafael Advanced Defense Systems Ltd.
Rafael Advanced Defense Systems Ltd. - Overview
Rafael Advanced Defense Systems Ltd. - Product / Service
Rafael Advanced Defense Systems Ltd. - Key offerings
12.11 RTX Corp.
RTX Corp. - Overview
RTX Corp. - Business segments
RTX Corp. - Key news
RTX Corp. - Key offerings
RTX Corp. - Segment focus
12.12 Red Cat Holdings Inc.
Red Cat Holdings Inc. - Overview
Red Cat Holdings Inc. - Product / Service
Red Cat Holdings Inc. - Key offerings
12.13 Saab AB
Saab AB - Overview
Saab AB - Business segments
Saab AB - Key news
Saab AB - Key offerings
Saab AB - Segment focus
12.14 Teledyne Technologies Inc.
Teledyne Technologies Inc. - Overview
Teledyne Technologies Inc. - Business segments
Teledyne Technologies Inc. - Key news
Teledyne Technologies Inc. - Key offerings
Teledyne Technologies Inc. - Segment focus
12.15 Textron Inc.
Textron Inc. - Overview
Textron Inc. - Business segments
Textron Inc. - Key offerings
Textron Inc. - Segment focus
12.16 Thales Group
Thales Group - Overview
Thales Group - Business segments
Thales Group - Key news
Thales Group - Key offerings
Thales Group - Segment focus
12.17 The Boeing Co.
The Boeing Co. - Overview
The Boeing Co. - Business segments
The Boeing Co. - Key news
The Boeing Co. - Key offerings
The Boeing Co. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
13.3 Currency conversion rates for US$
Currency conversion rates for US$
13.4 Research methodology
Research methodology
13.5 Data procurement
Information sources
13.6 Data validation
Data validation
13.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
13.8 Data synthesis
Data synthesis
13.9 360 degree market analysis
360 degree market analysis
13.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by Technology
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Company Market Positioning
Exhibits 10: Parent Market
Exhibits 11: Data Table on - Parent Market
Exhibits 12: Market characteristics analysis
Exhibits 13: Value Chain Analysis
Exhibits 14: Offerings of companies included in the market definition
Exhibits 15: Market segments
Exhibits 16: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 17: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 18: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 19: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 20: Historic Market Size - Data Table on Global Military Drone Market 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - Technology Segment 2018 - 2022 ($ million)
Exhibits 23: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 24: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits 25: Five forces analysis - Comparison between 2023 and 2028
Exhibits 26: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 27: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 30: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 31: Chart on Market condition - Five forces 2023 and 2028
Exhibits 32: Chart on Type - Market share 2023-2028 (%)
Exhibits 33: Data Table on Type - Market share 2023-2028 (%)
Exhibits 34: Chart on Comparison by Type
Exhibits 35: Data Table on Comparison by Type
Exhibits 36: Chart on Rotary Blade - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Data Table on Rotary Blade - Market size and forecast 2023-2028 ($ million)
Exhibits 38: Chart on Rotary Blade - Year-over-year growth 2023-2028 (%)
Exhibits 39: Data Table on Rotary Blade - Year-over-year growth 2023-2028 (%)
Exhibits 40: Chart on Fixed Wing - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Data Table on Fixed Wing - Market size and forecast 2023-2028 ($ million)
Exhibits 42: Chart on Fixed Wing - Year-over-year growth 2023-2028 (%)
Exhibits 43: Data Table on Fixed Wing - Year-over-year growth 2023-2028 (%)
Exhibits 44: Chart on Hybrid - Market size and forecast 2023-2028 ($ million)
Exhibits 45: Data Table on Hybrid - Market size and forecast 2023-2028 ($ million)
Exhibits 46: Chart on Hybrid - Year-over-year growth 2023-2028 (%)
Exhibits 47: Data Table on Hybrid - Year-over-year growth 2023-2028 (%)
Exhibits 48: Market opportunity by Type ($ million)
Exhibits 49: Data Table on Market opportunity by Type ($ million)
Exhibits 50: Chart on Technology - Market share 2023-2028 (%)
Exhibits 51: Data Table on Technology - Market share 2023-2028 (%)
Exhibits 52: Chart on Comparison by Technology
Exhibits 53: Data Table on Comparison by Technology
Exhibits 54: Chart on Remotely operated - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Data Table on Remotely operated - Market size and forecast 2023-2028 ($ million)
Exhibits 56: Chart on Remotely operated - Year-over-year growth 2023-2028 (%)
Exhibits 57: Data Table on Remotely operated - Year-over-year growth 2023-2028 (%)
Exhibits 58: Chart on Semi-autonomous - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Data Table on Semi-autonomous - Market size and forecast 2023-2028 ($ million)
Exhibits 60: Chart on Semi-autonomous - Year-over-year growth 2023-2028 (%)
Exhibits 61: Data Table on Semi-autonomous - Year-over-year growth 2023-2028 (%)
Exhibits 62: Chart on Autonomous - Market size and forecast 2023-2028 ($ million)
Exhibits 63: Data Table on Autonomous - Market size and forecast 2023-2028 ($ million)
Exhibits 64: Chart on Autonomous - Year-over-year growth 2023-2028 (%)
Exhibits 65: Data Table on Autonomous - Year-over-year growth 2023-2028 (%)
Exhibits 66: Market opportunity by Technology ($ million)
Exhibits 67: Data Table on Market opportunity by Technology ($ million)
Exhibits 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 69: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 70: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 71: Chart on Geographic comparison
Exhibits 72: Data Table on Geographic comparison
Exhibits 73: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 74: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 75: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 76: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 77: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 78: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 79: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 80: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 81: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 82: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 83: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 84: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 85: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 86: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 87: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 89: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 90: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 91: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 92: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 93: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 94: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 95: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 96: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 97: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits 98: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits 99: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 100: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 101: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 102: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 103: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 104: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 105: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibits 106: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibits 107: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibits 108: Data Table on India - Year-over-year growth 2023-2028 (%)
Exhibits 109: Chart on Turkey - Market size and forecast 2023-2028 ($ million)
Exhibits 110: Data Table on Turkey - Market size and forecast 2023-2028 ($ million)
Exhibits 111: Chart on Turkey - Year-over-year growth 2023-2028 (%)
Exhibits 112: Data Table on Turkey - Year-over-year growth 2023-2028 (%)
Exhibits 113: Market opportunity By Geographical Landscape ($ million)
Exhibits 114: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 115: Impact of drivers and challenges in 2023 and 2028
Exhibits 116: Overview on criticality of inputs and factors of differentiation
Exhibits 117: Overview on factors of disruption
Exhibits 118: Impact of key risks on business
Exhibits 119: Companies covered
Exhibits 120: Matrix on companies position and classification
Exhibits 121: AeroVironment Inc. - Overview
Exhibits 122: AeroVironment Inc. - Business segments
Exhibits 123: AeroVironment Inc. - Key news
Exhibits 124: AeroVironment Inc. - Key offerings
Exhibits 125: AeroVironment Inc. - Segment focus
Exhibits 126: BAE Systems Plc - Overview
Exhibits 127: BAE Systems Plc - Business segments
Exhibits 128: BAE Systems Plc - Key news
Exhibits 129: BAE Systems Plc - Key offerings
Exhibits 130: BAE Systems Plc - Segment focus
Exhibits 131: Elbit Systems Ltd. - Overview
Exhibits 132: Elbit Systems Ltd. - Product / Service
Exhibits 133: Elbit Systems Ltd. - Key news
Exhibits 134: Elbit Systems Ltd. - Key offerings
Exhibits 135: General Atomics - Overview
Exhibits 136: General Atomics - Product / Service
Exhibits 137: General Atomics - Key offerings
Exhibits 138: Israel Aerospace Industries Ltd. - Overview
Exhibits 139: Israel Aerospace Industries Ltd. - Product / Service
Exhibits 140: Israel Aerospace Industries Ltd. - Key news
Exhibits 141: Israel Aerospace Industries Ltd. - Key offerings
Exhibits 142: Lockheed Martin Corp. - Overview
Exhibits 143: Lockheed Martin Corp. - Business segments
Exhibits 144: Lockheed Martin Corp. - Key news
Exhibits 145: Lockheed Martin Corp. - Key offerings
Exhibits 146: Lockheed Martin Corp. - Segment focus
Exhibits 147: Northrop Grumman Corp. - Overview
Exhibits 148: Northrop Grumman Corp. - Business segments
Exhibits 149: Northrop Grumman Corp. - Key news
Exhibits 150: Northrop Grumman Corp. - Key offerings
Exhibits 151: Northrop Grumman Corp. - Segment focus
Exhibits 152: Rafael Advanced Defense Systems Ltd. - Overview
Exhibits 153: Rafael Advanced Defense Systems Ltd. - Product / Service
Exhibits 154: Rafael Advanced Defense Systems Ltd. - Key offerings
Exhibits 155: RTX Corp. - Overview
Exhibits 156: RTX Corp. - Business segments
Exhibits 157: RTX Corp. - Key news
Exhibits 158: RTX Corp. - Key offerings
Exhibits 159: RTX Corp. - Segment focus
Exhibits 160: Red Cat Holdings Inc. - Overview
Exhibits 161: Red Cat Holdings Inc. - Product / Service
Exhibits 162: Red Cat Holdings Inc. - Key offerings
Exhibits 163: Saab AB - Overview
Exhibits 164: Saab AB - Business segments
Exhibits 165: Saab AB - Key news
Exhibits 166: Saab AB - Key offerings
Exhibits 167: Saab AB - Segment focus
Exhibits 168: Teledyne Technologies Inc. - Overview
Exhibits 169: Teledyne Technologies Inc. - Business segments
Exhibits 170: Teledyne Technologies Inc. - Key news
Exhibits 171: Teledyne Technologies Inc. - Key offerings
Exhibits 172: Teledyne Technologies Inc. - Segment focus
Exhibits 173: Textron Inc. - Overview
Exhibits 174: Textron Inc. - Business segments
Exhibits 175: Textron Inc. - Key offerings
Exhibits 176: Textron Inc. - Segment focus
Exhibits 177: Thales Group - Overview
Exhibits 178: Thales Group - Business segments
Exhibits 179: Thales Group - Key news
Exhibits 180: Thales Group - Key offerings
Exhibits 181: Thales Group - Segment focus
Exhibits 182: The Boeing Co. - Overview
Exhibits 183: The Boeing Co. - Business segments
Exhibits 184: The Boeing Co. - Key news
Exhibits 185: The Boeing Co. - Key offerings
Exhibits 186: The Boeing Co. - Segment focus
Exhibits 187: Inclusions checklist
Exhibits 188: Exclusions checklist
Exhibits 189: Currency conversion rates for US$
Exhibits 190: Research methodology
Exhibits 191: Information sources
Exhibits 192: Data validation
Exhibits 193: Validation techniques employed for market sizing
Exhibits 194: Data synthesis
Exhibits 195: 360 degree market analysis
Exhibits 196: List of abbreviations

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, Israel Aerospace Industries Ltd., Leonardo Spa, Lockheed Martin Corp., Northrop Grumman Corp., Rafael Advanced Defense Systems Ltd., RTX Corp., Red Cat Holdings Inc., 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
  • Israel Aerospace Industries Ltd.
  • Leonardo Spa
  • Lockheed Martin Corp.
  • Northrop Grumman Corp.
  • Rafael Advanced Defense Systems Ltd.
  • RTX Corp.
  • Red Cat Holdings Inc.
  • Saab AB
  • Shield AI
  • Teledyne Technologies Inc.
  • Textron Inc.
  • Thales Group
  • The Boeing Co.