Global Military Drones Market, By Service Type (Rotary Wing, Fixed Wing, Hybrid/Transitional), Propulsion Type (Fuel Cell, Hybrid Cell, Battery Powered), Launching Mode (Automatic Take-off and Landing, Catapult Launcher, Hand Launched, Vertical Take-off), Range (Extended Visual Line of Sight (EVLOS), Beyond Line of Sight (BLOS), Visual Line of Sight (VLOS), Application (Combat Operations, Intelligence, Surveillance, Reconnaissance, and Target Acquisition (ISRT), Battle Damage Management, Delivery and Transportation), Endurance (<1–2 Hours, 2–6 Hours, >6 Hours), MTOW (<25 Kilograms, 25–150 Kilograms, >150 Kilograms), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Military Drones Market
Military drones market is expected to witness market growth at a rate of 10.31% in the forecast period of 2020 to 2027. Data Bridge Market Research report on military drones market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the military drones market’s growth.
Military drones are arial unmanned aircraft used for military operations and are also used to carry missiles and drone strikes. The few types of military drones are micro drones, nano drones, large combat and surveillance drones, small tactical drones and medium sized recognition drones while used in applications such as surveillance, intelligence, combat operations, delivery and transportation and reconnaissance.
Increasing usage of drones for modern combat, growing preference for modern war techniques, rising usage of UAVs for marine border patrolling, escalating use of UAVs in life-threatening military missions, increasing acceptance of unmanned aerial vehicles for risky tactical operations are some of the drivers expected to boost the growth of the military drones market in the forecast period of 2020-2027. On the other hand, growing defense budgets of developing economies will create several opportunities that will lead to the growth of the military drones market in the above mentioned forecast period.
Dearth of skilled manpower for operating the drones is expected to limit the growth of the military drones market in the above mentioned forecast period. Issues with the safety and security of UAVs and political and social acceptability of UAVs will act as challenges to the military drones market growth.
This military drones market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on military drones market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Military Drones Market Scope and Market Size
Military drones market is segmented on the basis of service type, propulsion type, launching mode, range, application, endurance and MTOW. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of service type, the military drones market has been segmented into rotary wing, fixed wing and hybrid/transitional.
- On the basis of propulsion type, the military drones market has been segmented into fuel cell, hybrid cell and battery powered.
- On the basis of launching mode, the military drones market has been segmented into automatic take-off and landing, catapult launcher, hand launched and vertical take-off.
- On the basis of range, the military drones market has been segmented into extended visual line of sight (EVLOS), beyond line of sight (BLOS) and visual line of sight (VLOS).
- On the basis of application, the military drones market has been segmented into combat operations, intelligence, surveillance, reconnaissance, and target acquisition (ISRT), battle damage management, and delivery and transportation.
- On the basis of endurance, the military drones market has been segmented into 1–2 hours, 2–6 hours and >6 hours.
- On the basis of MTOW, the military drones market has been segmented into 25 kilograms, 25–150 kilograms, and >150 kilograms.
Military Drones Market Country Level Analysis
Military drones market is analysed and market size, volume information is provided by country, service type, propulsion type, launching mode, range, application, endurance and MTOW as referenced above.
The countries covered in the military drones market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the military drones market because of growing adoption of drones with advanced technology in the region. Asia-Pacific is expected to grow in the forecast period of 2020-2027 due to rising defence budget especially in developing economies.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Military Drones Market Share Analysis
Military drones market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to military drones market.
The major players covered in the military drones market report are General Atomics, Northrop Grumman Corporation, Elbit Systems, Israel Aerospace Industries, AeroVironment, Inc, Lockheed Martin Corporation, Thales Group, Boeing, Aeronautics Defense Systems, Textron Inc., Leonardo and BAE Systems among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Military Drones Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.