Global Military Drones Market- Industry Trends and Forecast to 2030
Global military drones market is expected to reach USD 34,457.24 Million by 2030 from USD 11,933.75 in 2022, growing at a CAGR of 14.3% during the forecast period of 2023 to 2030.
Market Segmentation:
Global Military Drones Market, By Platform (Strategic, Tactical, Small), Speed (Subsonic, Supersonic), Service Type (Fixed Wing, Rotary Wing, Hybrid/Transitional), Propulsion Type (Hybrid Fuel Cell, Battery Powered, Others), Launching Mode (Catapult Launcher, Automatic Take-Off and Landing, Hand Launched, Vertical Take-Off), Range (Beyond Line Of Sight (BLOS), Extended Visual Line Of Sight (EVLOS), Visual Line Of Sight (VLOS)), Application (Reconnaissance, Surveillance & Target Acquisition (ISRT), Intelligence, Combat Operations, Delivery and Transportation, and Battle Damage Management), Endurance (>6 Hours, 2–6 Hours, and <1–2 Hours), MTOW (>150 Kilograms, 25–150 Kilograms, and <25 Kilograms), Country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Russia, Spain, Netherlands, Switzerland, Belgium, Turkey, Poland, Denmark, Sweden, Norway, Finland and the rest of Europe, China, Japan, India, Australia, South Korea, Singapore, Malaysia, Thailand, Indonesia, Philippines, Taiwan, Vietnam and the rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Kuwait, Oman, Qatar, Bahrain and the rest of the Middle East and Africa, Brazil, Argentina and the rest of South America) - Industry Trends and Forecast to 2030
Overview of Global 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 global 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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