Global Target Drones Market - Industry Trends and Forecast to 2030

Global Target Drones Market - Industry Trends and Forecast to 2030

Global target drones market is expected to reach USD 8,924.47 million by 2030 from USD 5,957.65 million in 2022, growing at a CAGR of 5.3% during the forecast period of 2023 to 2030

Market Segmentation
Global Target Drones Market, By Type (Rotary, Fixed), Use (Aerial Target, Ground Target, Marine Target), Target Type (Free Flying Target, Full Scale Target, Subscale Target, Sporting Target, Towing Target), Engine Type (Jet Engine And Ic Engine), Speed ( Less Than 100 M/S, More Than 100 M/S), Mode Of Operation (Remotely Piloted, Autonomous, Optionally Piloted), Payload Capacity (Less Than 20 Kgs, 20 - 50 Kgs, More Than 50kgs), Application (Combat Training, Target And Decoy, Target Identification, Reconnaissance, Target Acquisition), End-User (Defense, Homeland Security, Commercial), Country (Germany, U.K., Italy, France, Russia, Spain, Switzerland, Turkey, Belgium, Netherlands, Sweden, Denmark, Poland, And Rest Of Europe, China, Japan, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia And New Zealand, Taiwan, Vietnam And Rest Of Asia-Pacific, U.S., Canada, And Mexico, Saudi Arabia, South Africa, U.A.E., Egypt, Israel, Oman, Qatar, Bahrain And Rest Of Middle East And Africa, Brazil, Argentina, and Rest Of South America) - Industry Trends and Forecast to 2030
Some of the major factors contributing to the growth of the global target drones market:

Drivers
• Rising expenditure on defense by different countries
• Advancements in drone technology
• Rising threats and security concerns

Restraint
• Dependency on skilled personnel to operate

Opportunities
• Rising trend of AI (Artificial Intelligence) and data-driven technology
• Internal collaboration and parterships


Market Players

The key players operating in the Global target drones market are:
• SCR
• Sistemas de Control Remoto
• MSP
• ANADRONE
• AeroTargets International LLC.
• Denel Dynamics
• Thales
• SAAB
• SAFRAN
• Lockheed Martin Corporation
• AIRBUS
• Griffon Aerospace
• Northrop Grumman.
• Boeing.
• Leonardo S.p.A.
• Kratos Defense & Security Solutions, Inc.


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