APAC Military Drones Market- Industry Trends and Forecast to 2031
Asia-Pacific military drones market is expected to reach USD 8,746.23 Million by 2030 from USD 2,910.64 in 2022, growing at a CAGR of 14.9% during the forecast period of 2023 to 2030.
Market Segmentation:
Asia-Pacific Military Drones Market, By Platform (Strategic, Tactical, Small), By Speed (Subsonic, Supersonic) By Service Type (Fixed Wing, Rotary Wing, Hybrid/Transitional), By Propulsion Type (Hybrid Fuel Cell, Battery Powered, Others), By Launching Mode (Catapult Launcher, Automatic Take-Off And Landing, Hand Launched, Vertical Take-Off) By Range (Beyond Line Of Sight (BLOS), Extended Visual Line Of Sight (EVLOS), Visual Line Of Sight (VLOS)), By Application (Reconnaissance, Surveillance & Target Acquisition (ISRT), Intelligence, Combat Operations, Delivery And Transportation, And Battle Damage Management), By Endurance (>6 Hours, 2–6 Hours, and <1–2 Hours), By MTOW (>150 Kilograms, 25–150 Kilograms, and <25 Kilograms), Country (China, Japan, India, Australia, South Korea, Singapore, Malaysia, Thailand, Indonesia, Philippines, Taiwan, Vietnam and the rest of Asia-Pacific)- Industry Trends and Forecast to 2030
Overview of Asia-Pacific Military Drones Market Dynamics
Driver
• Increasing Government Spending in Defense and Military Sector
Restrain
• High Cost Associated with advance military drones
Opportunity
• Increasing Collaboration and Partnership among Market Players
Market Players:
Some of the key players operating in the Asia-Pacific military drones market are:
• SAFRAN
• General Atomics
• IAI
• Lockheed Martin Corporation
• AeroVironment Inc.
• Textron Systems
• Teledyne FLIR LLC
• Northrop Grumman
• BAE Systems
• AERONAUTICS
• Boeing
• Thales
• Leonardo S.p.A.
• Elbit Systems Ltd
• SAAB
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