Military Drones Market By Type (Fixed Wing, Rotary Wing, Hybrid), By Range (Visual Line of Sight, Extended Visual Line of Sight, Beyond Line of Sight), By Technology (Remotely operated, Semi-autonomous, Autonomous), By Application (Intelligence, Surveillance, Reconnaissance, and Target Acquisition, Combat Operations, Delivery and Transportation, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
Military drones are the new generation aerial transportation medium propelled by remote controlled or autonomous technology without on-board pilot or passengers. Military drones study mainly includes Fixed Wing UAV, Rotary Wing UAV, and Hybrid UAV among others.
Government regulations and rules has been imposed by several regulators to control the operations of the military drones across the globe. Agreements and contracts with law enforcement and military agencies, partnership, product development and product launch activities are the key strategies adopted by the market players. North America is the leading consumer of the military drones in the global market and it is expected to lead the market growth over the forecast period.
Fixed wing UAVs have several benefits such as flying at high altitudes, can carry heavier or multiple payloads, and are more stable in air. They also have a longer flight time and can cover more ground area. Thus, owing to such benefits, several nations are introducing new fixed-wing drone or unmanned aerial vehicle (UAVs) in their militaries to perform several operations. They are contracting the drone manufacturers to develop new fixed wing drone or unmanned aerial vehicles (UAVs) for military organizations.
The growth of the global military drone market has propelled, due to upsurge in military spending, and growth in demand for improved surveillance solution. However, high cost of UAV solution is the factor hampering the growth of the market. Furthermore, defense modernization is the factor expected to offer growth opportunities during the forecast period.
The military drone market is segmented on the basis of type, range, technology, application, and region. By type, it is segmented into fixed-wing, rotary-wing, and hybrid. By range, it is classified into visual line of sight, extended visual line of sight, and beyond line of sight. By technology, it is categorized into remotely operated, semi-autonomous, and autonomous. By on application, it is fragmented into intelligence, surveillance, reconnaissance, & target acquisition, combat operations, delivery & transportation, and others. Moreover, it analyzes the current market trends of military drone across different regions such as North America, Europe, Asia-Pacific, and LAMEA and suggests the future growth opportunities by analyzing the government regulations & policies.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the military drones market analysis from 2021 to 2031 to identify the prevailing military drones market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the military drones market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global military drones market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
Fixed Wing
Rotary Wing
Hybrid
By Range
Visual Line of Sight
Extended Visual Line of Sight
Beyond Line of Sight
By Technology
Remotely operated
Semi-autonomous
Autonomous
By Application
Intelligence, Surveillance, Reconnaissance, and Target Acquisition
Combat Operations
Delivery and Transportation
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest Of Asia Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Northrop Grumman Corporation
Anduril Industries, Inc.
Shield AI Inc.
Animal Dynamics Ltd
Insitu
Elbit Systems Ltd.
Asteria Aerospace Limited
Teal Drones, Inc.
Aeronautics Group
Aeryon Labs Inc
Israel Aerospace Industries
Thales Group
The Boeing Company
Saab AB
AeroVironment, Inc.
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