The Global Military Drone Market is projected to grow from USD 12.0 billion in 2022 to USD 17.0 billion by 2027, at a CAGR of 7.3% from 2022 to 2027, according to a new report from MarketsandMarkets. The growth of the market can be attributed to the increasing investment in the development and procurement of modern military solutions to enhance defense forces capabilities.
Moreover, the rising incidences of piracy and island grabbing in regions such as Central Asia, South America, East Africa, the Indian subcontinent, Southeast Asia, and West Africa have led to increased maritime patrolling and anti-piracy operations, which has in turn increased the use of unmanned aerial vehicles (UAVs) for maritime patrolling to identify hot spots. UAVs can recognize and observe suspicious ships and safeguard routes that are of commercial importance by providing vital real-time information to concerned agencies in an effective manner.
Download PDF Brochure @
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=221577711
The report provides in-depth analysis of the military drone market based on platform, type (fixed-wing, rotary-wing, and hybrid), application, MTOW, propulsion (turbo engine, piston engine, and battery), operation mode, speed, launching mode, and region. The battery segment is expected to record the highest growth rate during the forecast period, with many short-range and medium-range drones adopting batteries besides the small drones. Battery or electrically-powered military drones use batteries to store energy and power electric motors. These drones are easy to operate and emit lesser noise as compared to turbo engine drones.
The subsonic segment contributed to the majority share of the market as currently, most military drones operate at conventional subsonic speeds. Drones with a speed of less than 100 km/hr generally include small ISR drones and some close-range drones. The growing demand for small drone platforms is set to boost the growth of the <100 km/hr segment. Moreover, drones with a subsonic speed ranging from 100–300 km/hr are generally medium endurance, low to medium range drones such as close range, short range, medium range, and tactical drones. The increasing use of tactical drones for ISR applications is set to boost the growth of the 100–300 km/hr segment. Furthermore, drones with a more than 300 km/hr subsonic speed are high endurance, medium to long range, high-speed drones. The growing demand for armed drones such as lethal drones and target drones is set to boost the growth of the >300 km/hr segment.
The Asia Pacific region is projected to be high-growth potential markets for the military drone during the forecast period. Asia Pacific has the fastest-growing technology companies based on percentage revenue growth over three years. China, Malaysia, South Korea, and India heavily invest in military drone development projects.
Key Market Players
The major players in the military drone market include Northrop Grumman Corporation, Raytheon Technologies Corporation, Israel Aerospace Industries Ltd., General Atomics Aeronautical Systems, and Teledyne FLIR LLC.
Ask for Sample Report @
https://www.marketsandmarkets.com/requestsampleNew.asp?id=221577711
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Military UAV Sensor Market by UAV Type (HALE, MALE, Tactical, Small), Sensor Type (Radar Sensor, Image Sensor, Motion & Position Sensor, Others), Technology Type (CMOS, MEMS, NEMS, Others), Application (Collision Avoidance, Navigation, 3D Scanner, Data Acquisition, LIDAR, Others), & Region – Global Forecast till 2023Market ScenarioThe sensor is a device that detects physical input, such as light, heat, motion, moisture, pressure, or any other entity, and responds by producing an output on a display or transmits the information in electronic form for further processing.
Image sensor systems are currently trending in the market and are expected to be of significant importance, particularly in battlefield monitoring.
However, one of the major restraints of the market is the stringent regulations made by the local aviation regulatory bodies.Get Report Sample : https://www.marketresearchfuture.com/sample_request/6095 Moreover, in the recent years, the defense sectors of various countries are making significant investments to increase their Unmanned Aerial Vehicle (UAV) fleet.
The benefit of sensor technologies is that they help in improving the overall UAV architecture.
Companies are strategically setting up their electronic manufacturing plants in the Asia Pacific region to avail various benefits, such as low cost of raw materials and availability of cheap labor.
HALE UAV can fly as high as 60,000 feet, and are durable for a 32-hour mission.
Military drone is an aircraft that does not require human pilot onboard, and is mainly used for military purposes.Northrop Grumman is the leading manufacturer in the global military drone market with the market share of about 34.5%.
Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-military-drone-2021-2027-256 Market Analysis and Insights: Global Military Drone Market In 2020, the global Military Drone market size was US$ 10300 million and it is expected to reach US$ 16120 million by the end of 2027, with a CAGR of 6.6% during 2021-2027.Global Military Drone Scope and Market SizeMilitary Drone market is segmented by region, by country, company, type, application and by sales channels.
Players, stakeholders, and other participants in the global Military Drone market will be able to gain the upper hand as they use the report as a powerful resource.
The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.
Segment by Type, the Military Drone market is segmented into Fixed WingRotary Wing By type, fixed wing is the most commonly used type, with over 98% market share in 2018.
Segment by Application, the Military Drone market is segmented into Search and RescueNational DefenseMilitary ExercisesOthers National defense segment accounted for the most of market share (about 54% in 2018), in terms of value.
The Global Military Drone Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on payload and drone type.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Military Drone Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/16360-military-drone-market-reportThe report also covers the complete competitive landscape of the global Military Drone market with company profiles of key players such as:AAI Corporation – Textron SystemsAeroVironmentAeryon Labs Inc.American DynamicsBAE SystemsBOEINGGeneral Atomics Aeronautical SystemsIsrael Aerospace IndustriesLockheed MartinNorthrop GrummanA detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Payload:C4IElectro-optic / InfraredRadarElectronic warfareSONARCameraSignal intelligence / Communication intelligenceBy Drone Type:MALEHALETUAVsUCAVsNAVAL UAVsSUAVsBy Geography:North America (NA)Europe (EU)Asia Pacific (APAC)Latin America (LA)Middle East & Africa (MEA)Download Free Sample Report of Global Military Drone Market @ https://www.decisiondatabases.com/contact/download-sample-16360The Global Military Drone Market has been exhibited in detail in the following chapters –Chapter 1 Military Drone Market PrefaceChapter 2 Executive SummaryChapter 3 Military Drone Industry AnalysisChapter 4 Military Drone Market Value Chain AnalysisChapter 5 Military Drone Market Analysis By PayloadChapter 6 Military Drone Market Analysis By Drone TypeChapter 7 Military Drone Market Analysis By GeographyChapter 8 Competitive Landscape Of Military Drone CompaniesChapter 9 Company Profiles Of Military Drone IndustryPurchase the complete Global Military Drone Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-16360Other Reports by DecisionDatabases.com:Global LiDAR Drone Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Commercial Drones Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Agriculture Drones Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
