Global Target Drones Market to 2032
Overview
The Global Target Drones Market is expected to reach a 10.02 USD Billion by 2032 and is projected to grow at a CAGR of 5.94% from 2025 to 2032.
Revenue, 2024 (USD Billion)
6.53
Forecast, 2032 (USD Billion)
10.02
CAGR, 2024 - 2032
5.94%
Report Coverage
Global
Global Target Drones Market 2018-2032 USD Billion
Global Target Drones Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 6.53 USD Billion
- Projected Market Size (2032): 10.02 USD Billion
- CAGR (2025-2032): 5.94%
Key Findings of Global Target Drones Market
- The Global Target Drones Market was valued at 10.02 USD Billion in 2024.
- The Global Target Drones Market is likely to grow at a CAGR of 5.94% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Rotary in Type Segment accounted for the largest share of the market with a revenue of 4.82 USD Billion
- The fastest growing segment Ground Target in Use Segment grew Fastest with a CAGR of 6.20% during the forecast period from 2024 to 2032.
Global Target Drones Market Scope
Global Target Drones Market Segmentation & Scope
Engine Type
- IC Engine
- Jet Engine
Target Type
- Towing Target
- Sporting Target
- Subscale Target
- Full Scale Target
- Free Flying Target
Speed
- Less Than 100 m/s
- More Than 100 m/s
Use
- Marine Target
- Aerial Target
- Ground Target
Type
- Fixed
- Rotary
Global Target Drones Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 6.53 USD Billion |
| Market Value in 2032 | 10.02 USD Billion |
| CAGR (2025-2032) | 5.94% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Engine Type,Target Type,Speed,Use,Type |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 6.53 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 1,945.53 USD Million in 2024.
Segments and Scope
-
Global Target Drones Market to 2032, By Engine Type
- Jet Engine is the largest segment in Global Target Drones Market to 2032 with a revenue of 4.62 USD Billion in the year 2024.
- Jet Engine is the Fastest growing segment in Global Target Drones Market to 2032 with a Growth rate of 6.02 % in forecast period 2025-2032.
-
Global Target Drones Market to 2032, By Target Type
- Free Flying Target is the largest segment in Global Target Drones Market to 2032 with a revenue of 2.94 USD Billion in the year 2024.
- Free Flying Target is the Fastest growing segment in Global Target Drones Market to 2032 with a Growth rate of 6.16 % in forecast period 2025-2032.
-
Global Target Drones Market to 2032, By Speed
- Less Than 100 m/s is the largest segment in Global Target Drones Market to 2032 with a revenue of 4.69 USD Billion in the year 2024.
- Less Than 100 m/s is the Fastest growing segment in Global Target Drones Market to 2032 with a Growth rate of 6.03 % in forecast period 2025-2032.
-
Global Target Drones Market to 2032, By Use
- Ground Target is the largest segment in Global Target Drones Market to 2032 with a revenue of 3.96 USD Billion in the year 2024.
- Ground Target is the Fastest growing segment in Global Target Drones Market to 2032 with a Growth rate of 6.20 % in forecast period 2025-2032.
-
Global Target Drones Market to 2032, By Type
- Rotary is the largest segment in Global Target Drones Market to 2032 with a revenue of 4.82 USD Billion in the year 2024.
- Rotary is the Fastest growing segment in Global Target Drones Market to 2032 with a Growth rate of 6.03 % in forecast period 2025-2032.
Global Target Drones Market Company Share Analysis
| Company Name |
|
||
| AIRBUS | |||
| Boeing | |||
| Lockheed Martin Corporation | |||
| Northrop Grumman | |||
| Griffon Aerospace | |||
Global Target Drones Market Geographical Sales Distribution, 2018-2032 USD Billion
Global Target Drones Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Global Target Drones Market is segmented based on Segmentation Engine Type,Target Type,Speed,Use,Type.
Global Target Drones Market was valued at USD 6.53(Revenue in USD Billion) in 2021.
Global Target Drones Market is projected to grow at a CAGR of 5.94% during the forecast period of 2024 to 2032.
The Rotary segment is expected to dominate the Global Target Drones Market, holding a largest market share of 4.82 USD Billion in 2024
Global Target Drones Market Scope
Global Target Drones Market Segmentation & Scope
Engine Type
- IC Engine
- Jet Engine
Target Type
- Towing Target
- Sporting Target
- Subscale Target
- Full Scale Target
- Free Flying Target
Speed
- Less Than 100 m/s
- More Than 100 m/s
Use
- Marine Target
- Aerial Target
- Ground Target
Type
- Fixed
- Rotary
Frequently Asked Questions
The Global Target Drones Market is segmented based on Segmentation Engine Type,Target Type,Speed,Use,Type.
Global Target Drones Market was valued at USD 6.53(Revenue in USD Billion) in 2021.
Global Target Drones Market is projected to grow at a CAGR of 5.94% during the forecast period of 2024 to 2032.
The estimated market value of the Global Target Drones Market for final year is USD 10.02 (USD Billion).
Global Target Drones Market Company Profiling
Frequently Asked Questions
The Global Target Drones Market is segmented based on Segmentation Engine Type,Target Type,Speed,Use,Type.
Global Target Drones Market was valued at USD 6.53(Revenue in USD Billion) in 2021.
Global Target Drones Market is projected to grow at a CAGR of 5.94% during the forecast period of 2024 to 2032.
The estimated market value of the Global Target Drones Market for final year is USD 10.02 (USD Billion).
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