Military Drone - Market Dynamics & Company Insights, 2024

2.1 Introduction
2.2 Market Dynamics
2.2.1 Drivers
2.2.1.1 Emergence of Non-Traditional Adversaries and Asymmetric Warfare
2.2.1.2 Rise of Advanced Avionics Technologies
2.2.1.3 Increased Government Funding for Military Drones
2.2.1.4 Growing Prominence of Intensified Military Training
2.2.1.5 Increasing Use of UAVs for Marine Border Patrolling
2.2.1.6 Decreasing Price of Drone Components
2.2.1.7 Growing Focus on Advanced C4Isr Capabilities
2.2.2 Restraints
2.2.2.1 Endurance and Range Limitations
2.2.2.2 Lack of Skilled and Trained Operators
2.2.2.3 Concern and Call to Ban Fully Autonomous Drones
2.2.3 Opportunities
2.2.3.1 State Policies Aimed at Boosting Domestic Manufacturers
2.2.3.2 Use of UAVs for Cargo Delivery in Military Operations
2.2.3.3 Technological Advancements in Drone Payloads
2.2.3.4 Full-Scale Conversion of Drones for Simulation of War Scenario
2.2.4 Challenges
2.2.4.1 Defining Secure Identification for Safety
2.2.4.2 Issues with Hijacking and Security of UAVs
2.2.4.3 Lack of Sustainable Power Sources to Improve Drone Endurance
2.3 Market Ecosystem
2.3.1 Prominent Companies
2.3.2 Private and Small Enterprises
2.3.3 Start-Ups
2.3.4 End-users
2.4 Trends and Disruptions Impacting Customer Business
2.4.1 Revenue Shift and New Revenue Pockets for Military Drone Market
2.5 Technology Analysis
2.5.1 AI in Military Drones
2.5.2 Mid-Air Refueling of Drones
2.5.3 Spy Drones
2.5.4 Unmanned Combat Aerial Vehicles
2.5.5 Anti-UAV Defense Systems
2.6 Value Chain Analysis
2.7 Technology Roadmap
2.8 Key Stakeholders and Buying Criteria
2.8.1 Key Stakeholders in Buying Process
2.8.2 Buying Criteria
2.8.3 Key Buying Criteria for Top 3 Applications
2.9 Operational Data
2.10 Volume Analysis
2.10.1 Volume of Key Players, by Platform (Units)
2.11 Pricing Analysis
2.11.1 Average Selling Price of Key Players, by Top Model
2.11.2 Average Selling Price of Key Players, by Application
2.11.3 Average Selling Price of Key Players, by Type
2.11.4 Average Selling Price of Key Players, by Region
2.11.5 Average Selling Price of Key Players, by Platform (USD Million)
2.12 Tariff and Regulatory Landscape
2.12.1 Regulatory Bodies, Government Agencies, and Other Organizations
2.12.2 North America
2.12.2.1 US
2.12.2.2 Canada
2.12.3 Europe
2.12.3.1 UK
2.12.3.2 Germany
2.12.3.3 France
2.13 Trade Data Analysis
2.13.1 Import Data Analysis
2.13.1.1 Unmanned Aircraft, with Maximum Take-Off Weight >150 KG (HS Code: 880699)
2.13.2 Export Data Statistics
2.13.2.1 Unmanned Aircraft, with Maximum Take-Off Weight >150 KG (HS Code: 880699)
2.14 Key Conferences and Events in 2024-2025

3.1 Introduction
3.2 Technology Trends
3.2.1 Synthetic Aperture Radar
3.2.2 Sigint by Drones
3.2.3 Electronic Warfare Using Military Drones
3.2.4 Manned Unmanned Teaming (Mum-T)
3.2.5 Eo/Ir Systems
3.2.6 Target Drones
3.2.7 Endurance
3.2.8 Hypersonic Armed Drones
3.3 Impact of Megatrends
3.4 Supply Chain Analysis
3.5 Use Case Analysis
3.5.1 Maritime Initiative by Aerovironment
3.5.2 Turkish-Made Drones Help Sink Moskva, Flagship of Russian Black Sea Fleet
3.5.3 Nagorno-Karabakh Conflict
3.5.4 Tear Gas by Drones
3.6 Maturity Mapping of Drone Technologies
3.7 Patent Analysis

4.1 Introduction
4.2 Company Overview
4.3 Ranking Analysis, 2022
4.4 Revenue Analysis, 2022
4.5 Market Share Analysis, 2022
4.6 Company Evaluation Matrix
4.6.1 Stars
4.6.2 Emerging Leaders
4.6.3 Pervasive Players
4.6.4 Participants
4.6.5 Company Footprint
4.7 Start-Up/SME Evaluation Matrix
4.7.1 Progressive Companies
4.7.2 Responsive Companies
4.7.3 Dynamic Companies
4.7.4 Starting Blocks
4.7.4.1 Competitive Benchmarking
4.8 Competitive Scenario
4.8.1 Market Evaluation Framework
4.8.2 Product Launches/Developments
4.8.3 Deals
4.8.4 Other Developments

5.1 Introduction
5.2 Key Players
5.2.1 Northrop Grumman Corporation
5.2.1.1 Business Overview
5.2.1.2 Products/Solutions/Services Offered
5.2.1.3 Recent Developments
5.2.1.4 Analyst's View
5.2.1.4.1 Key Strengths
5.2.1.4.2 Strategic Choices
5.2.1.4.3 Weaknesses and Competitive Threats
5.2.2 Raytheon Technologies Corporation
5.2.2.1 Business Overview
5.2.2.2 Products/Solutions/Services Offered
5.2.2.3 Recent Developments
5.2.2.4 Analyst's View
5.2.2.4.1 Key Strengths
5.2.2.4.2 Strategic Choices
5.2.2.4.3 Weaknesses and Competitive Threats
5.2.3 Israel Aerospace Industries Ltd.
5.2.3.1 Business Overview
5.2.3.2 Products/Solutions/Services Offered
5.2.3.3 Recent Developments
5.2.3.4 Analyst's View
5.2.3.4.1 Key Strengths
5.2.3.4.2 Strategic Choices
5.2.3.4.3 Weaknesses and Competitive Threats
5.2.4 General Atomics Aeronautical Systems
5.2.4.1 Business Overview
5.2.4.2 Products/Solutions/Services Offered
5.2.4.3 Recent Developments
5.2.4.4 Analyst's View
5.2.4.4.1 Key Strengths
5.2.4.4.2 Strategic Choices
5.2.4.4.3 Weaknesses and Competitive Threats
5.2.5 Teledyne Flir LLC
5.2.5.1 Business Overview
5.2.5.2 Products/Solutions/Services Offered
5.2.5.3 Recent Developments
5.2.5.4 Analyst's View
5.2.5.4.1 Key Strengths
5.2.5.4.2 Strategic Choices
5.2.5.4.3 Weaknesses and Competitive Threats
5.2.6 Aerovironment, Inc.
5.2.6.1 Business Overview
5.2.6.2 Products/Solutions/Services Offered
5.2.6.3 Recent Developments
5.2.7 The Boeing Company
5.2.7.1 Business Overview
5.2.7.2 Products/Solutions/Services Offered
5.2.7.3 Recent Developments
5.2.8 Airbus
5.2.8.1 Business Overview
5.2.8.2 Products/Solutions/Services Offered
5.2.8.3 Recent Developments
5.2.9 Textron Inc.
5.2.9.1 Business Overview
5.2.9.2 Products/Solutions/Services Offered
5.2.9.3 Recent Developments
5.2.10 Lockheed Martin Corporation
5.2.10.1 Business Overview
5.2.10.2 Products/Solutions/Services Offered
5.2.10.3 Recent Developments
5.2.11 Elbit Systems Ltd.
5.2.11.1 Business Overview
5.2.11.2 Products/Solutions/Services Offered
5.2.11.3 Recent Developments
5.2.12 Dassault Aviation
5.2.12.1 Business Overview
5.2.12.2 Products/Solutions/Services Offered
5.2.12.3 Recent Developments
5.2.13 Bae Systems
5.2.13.1 Business Overview
5.2.13.2 Products/Solutions/Services Offered
5.2.13.3 Recent Developments
5.2.14 Thales Group
5.2.14.1 Business Overview
5.2.14.2 Products/Solutions/Services Offered
5.2.14.3 Recent Developments
5.2.15 Leonardo S.P.A.
5.2.15.1 Business Overview
5.2.15.2 Products/Solutions/Services Offered
5.2.15.3 Recent Developments
5.3 Other Players
5.3.1 Dynetics, Inc.
5.3.2 Robotican Corporation
5.3.3 Volansi, Inc.
5.3.4 Griffon Aerospace
5.3.5 Platform Aerospace
5.3.6 Shield AI
5.3.7 Instanteye Robotics
5.3.8 Athlon Avia
5.3.9 Silvertone UAV
5.3.10 Bluebird Aero Systems Ltd.

6.1 Introduction
6.1.1 Market Definition
6.1.2 Inclusions and Exclusions
6.1.3 Stakeholders
6.2 Research Methodology
6.2.1 Research Data
6.2.1.1 Secondary Data
6.2.1.1.1 Key Data from Secondary Sources
6.2.1.2 Primary Data
6.2.1.2.1 Key Insights from Primary Sources
6.2.1.2.2 Key Data from Primary Sources
6.2.2 Factor Analysis
6.2.2.1 Demand-Side Indicators
6.2.2.2 Supply-Side Indicators
6.2.3 Data Triangulation
6.2.4 Research Assumptions
6.2.5 Risk Analysis

Table 1 Defense Spending of Major Economies
Table 2 Number of Active Conflicts Worldwide
Table 3 Endurance-based Mapping of Power Sources
Table 4 Military Drone Market Ecosystem
Table 5 Companies Developing Drone Software with AI
Table 6 Companies Developing Drone Equipment with AI
Table 7 Influence of Stakeholders on Buying Process for Top 3 Applications (%)
Table 8 Average Selling Price of Key Players for Top Models
Table 9 Average Selling Price of Key Players for Top 3 Applications (USD Million)
Table 10 Average Selling Price of Key Players, by Type
Table 11 Average Selling Price of Key Players, by Region
Table 12 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 13 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 14 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
Table 15 Middle East: Regulatory Bodies, Government Agencies, and Other Organizations
Table 16 Latin America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 17 Drone Regulations and Approvals for Commercial Sector, by Country
Table 18 US: Rules and Guidelines by Faa for Operating Drones
Table 19 Canada: Rules and Guidelines for Operating Drones
Table 20 UK: Rules and Guidelines by Caa for Operating Drones
Table 21 Germany: Rules and Guidelines for Operating Drones
Table 22 France: Rules and Guidelines for Operating Drones
Table 23 Drone Regulations, by Country
Table 24 US, China, and Israel: Import and Export Statistics for Military Drones
Table 25 Military Drone Market: List of Key Conferences and Events, 2024-2025
Table 26 Aerovironment UAS for Maritime Counter-Trafficking Operations
Table 27 Big Guns and Small Drones: Devastating Combo Used by Ukraine to Fight Off Russia
Table 28 Nagorno-Karabakh Conflict Indicated Increasing Importance of Armed Drones, Along with Other Weapons and Highly Trained Ground Forces
Table 29 Experimenting with Drones for Tear Gas Drop
Table 30 Patents Related to Military Drones Granted Between 2019 and 2023
Table 31 Key Developments of Leading Players in Military Drone Market (2020-January 2024)
Table 32 Military Drone Market: Degree of Competition
Table 33 Military Drone Market: Region Footprint of Key Players [Major Players]
Table 34 Military Drone Market: Platform Footprint of Key Players [Major Players]
Table 35 Military Drone Market: Company Footprint of Key Players [Major Players]
Table 36 Military Drone Market: List of Key Start-Ups/SMEs
Table 37 Military Drone Market: Competitive Benchmarking of Key Players [Start-Ups/SMEs]
Table 38 Military Drone Market: Competitive Benchmarking of Key Players [Major Players]
Table 39 Military Drone Market: Product Launches/Developments, April 2020-September 2023
Table 40 Military Drone Market: Deals, February 2020-January 2024
Table 41 Military Drone Market: Other Developments, October 2021-June 2022
Table 42 Northrop Grumman Corporation: Company Overview
Table 43 Northrop Grumman Corporation: Products/Solutions/Services Offered
Table 44 Northrop Grumman Corporation: Deals
Table 45 Raytheon Technologies Corporation: Company Overview
Table 46 Raytheon Technologies Corporation: Products/Solutions/Services Offered
Table 47 Raytheon Technologies Corporation: Deals
Table 48 Israel Aerospace Industries Ltd.: Company Overview
Table 49 Israel Aerospace Industries Ltd.: Products/Solutions/Services Offered
Table 50 Israel Aerospace Industries Ltd.: Product Launches
Table 51 Israel Aerospace Industries Ltd.: Deals
Table 52 General Atomics Aeronautical Systems: Company Overview
Table 53 General Atomics Aeronautical Systems: Products/Solutions/ Services Offered
Table 54 General Atomics Aeronautical Systems: Product Launches
Table 55 General Atomics Aeronautical Systems: Deals
Table 56 Teledyne Flir LLC: Company Overview
Table 57 Teledyne Flir LLC: Products/Solutions/Services Offered
Table 58 Teledyne Flir LLC: Product Launches
Table 59 Teledyne Flir LLC: Deals
Table 60 Aerovironment, Inc.: Company Overview
Table 61 Aerovironment, Inc.: Products/Solutions/Services Offered
Table 62 Aerovironment, Inc.: Product Launches
Table 63 Aerovironment, Inc.: Deals
Table 64 The Boeing Company: Company Overview
Table 65 The Boeing Company: Products/Solutions/Services Offered
Table 66 The Boeing Company: Product Launches
Table 67 The Boeing Company: Deals
Table 68 The Boeing Company: Other Developments
Table 69 Airbus: Company Overview
Table 70 Airbus: Products/Solutions/Services Offered
Table 71 Airbus: Deals
Table 72 Textron Inc.: Company Overview
Table 73 Textron Inc.: Products/Solutions/Services Offered
Table 74 Textron Inc.: Product Launches
Table 75 Textron Inc.: Deals
Table 76 Lockheed Martin Corporation: Company Overview
Table 77 Lockheed Martin Corporation: Products/Solutions/Services Offered
Table 78 Lockheed Martin Corporation: Deals
Table 79 Elbit Systems Ltd.: Company Overview
Table 80 Elbit Systems Ltd.: Products/Solutions/Services Offered
Table 81 Elbit Systems Ltd.: Deals
Table 82 Dassault Aviation: Company Overview
Table 83 Dassault Aviation: Products/Solutions/Services Offered
Table 84 Dassault Aviation: Deals
Table 85 Bae Systems: Company Overview
Table 86 Bae Systems: Products/Solutions/Services Offered
Table 87 Bae Systems: Deals
Table 88 Thales Group: Company Overview
Table 89 Thales Group: Products/Solutions/Services Offered
Table 90 Thales Group: Deals
Table 91 Thales Group: Other Developments
Table 92 Leonardo S.P.A.: Company Overview
Table 93 Leonardo S.P.A.: Products/Solutions/Services Offered
Table 94 Leonardo S.P.A.: Deals
Table 95 Leonardo S.P.A.: Other Developments
Table 96 Dynetics, Inc.: Company Overview
Table 97 Robotican Corporation: Company Overview
Table 98 Volansi, Inc.: Company Overview
Table 99 Griffon Aerospace: Company Overview
Table 100 Platform Aerospace: Company Overview
Table 101 Shield AI: Company Overview
Table 102 Instanteye Robotics: Company Overview
Table 103 Athlon Avia: Company Overview
Table 104 Silvertone UAV: Company Overview
Table 105 Bluebird Aero Systems Ltd.: Company Overview

Figure 1 Small Segment to Exhibit Highest CAGR During Forecast Market
Figure 2 Isr Segment to Lead Market During Forecast Period
Figure 3 Fixed Wing Segment to Dominate Market During Forecast Period
Figure 4 North America to Account for Largest Market Share in 2023
Figure 5 Military Drone Market: Drivers, Restraints, Opportunities, and Challenges
Figure 6 Number of Countries Developing, Acquiring, and Using Armed Drones, 2000-2020
Figure 7 Decreasing Price of Drone Components (In USD)
Figure 8 Military Drone Market Ecosystem Map
Figure 9 Key Players in Military Drone Ecosystem
Figure 10 Revenue Shift in Military Drone Market
Figure 11 Military Drone Market: Value Chain Analysis
Figure 12 Military Drone Market: Technology Roadmap
Figure 13 Military Drone Market: Technology Map, by Segment
Figure 14 Emerging Trends
Figure 15 Influence of Stakeholders on Buying Process for Top 3 Applications
Figure 16 Key Buying Criteria for Top 3 Applications
Figure 17 Total Active Fleet of Drones Used by US Navy and Marine (By Units)
Figure 18 Total Active Fleet of Drones Used by US Air Force (By Units)
Figure 19 Average Selling Price of Key Players for Top 3 Applications
Figure 20 Top 10 Importing Countries, 2022 (USD Thousand)
Figure 21 Top 10 Exporting Countries, 2022 (USD Thousand)
Figure 22 Supply Chain Analysis
Figure 23 Maturity Stages of Drone Technologies
Figure 24 List of Major Patents for Military Drone Market
Figure 25 Regional Analysis of Patents for Top 5 Countries
Figure 26 Ranking Analysis of Key Players in Military Drone Market, 2023
Figure 27 Revenue Analysis for Key Companies in Military Drone Market
Figure 28 Military Drone Market: Company Evaluation Matrix, 2023
Figure 29 Military Drone Market: Start-Up/SME Evaluation Matrix, 2023
Figure 30 Northrop Grumman Corporation: Company Snapshot
Figure 31 Raytheon Technologies Corporation: Company Snapshot
Figure 32 Israel Aerospace Industries Ltd.: Company Snapshot
Figure 33 Teledyne Flir LLC: Company Snapshot
Figure 34 Aerovironment, Inc.: Company Snapshot
Figure 35 The Boeing Company: Company Snapshot
Figure 36 Airbus: Company Snapshot
Figure 37 Textron Inc.: Company Snapshot
Figure 38 Lockheed Martin Corporation: Company Snapshot
Figure 39 Elbit Systems Ltd.: Company Snapshot
Figure 40 Dassault Aviation: Company Snapshot
Figure 41 Bae Systems: Company Snapshot
Figure 42 Thales Group: Company Snapshot
Figure 43 Leonardo S.P.A.: Company Snapshot
Figure 44 Research Process Flow
Figure 45 Research Design
Figure 46 Data Triangulation