Target Drones

Target Drones

Global Target Drones Market to Reach US$9.0 Billion by 2030

The global market for Target Drones estimated at US$5.9 Billion in the year 2023, is expected to reach US$9.0 Billion by 2030, growing at a CAGR of 6.1% over the analysis period 2023-2030. Aerial Target Drones, one of the segments analyzed in the report, is expected to record a 6.2% CAGR and reach US$3.9 Billion by the end of the analysis period. Growth in the Ground Target Drones segment is estimated at 6.7% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.6 Billion While China is Forecast to Grow at 5.7% CAGR

The Target Drones market in the U.S. is estimated at US$1.6 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2030 trailing a CAGR of 5.7% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 5.3% and 5.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.

Global Target Drones Market - Key Trends and Drivers Summarized

What Are Target Drones and What Role Do They Play in Defense?
Target drones are unmanned aerial vehicles (UAVs) used as targets for anti-aircraft defense training and weapons testing. These drones simulate enemy aircraft and missiles, enabling military forces to practice targeting and intercepting hostile objects without the need for manned aircraft. Target drones are critical to defense training programs, allowing personnel to practice real-world combat scenarios in a controlled environment. They are equipped with advanced technologies such as GPS, radar, and infrared systems to simulate various types of enemy threats, making them invaluable for developing and fine-tuning air defense systems.

How Are Target Drones Used in Different Military Applications?
The primary use of target drones is in the defense sector, where they are deployed for missile testing, anti-aircraft training, and radar system calibration. They are also used to test the accuracy of surface-to-air missiles, providing an inexpensive and reusable option for conducting multiple training sessions. These drones are integral to naval, air force, and ground-based defense systems, enabling comprehensive training programs across all branches of the military. Additionally, target drones are increasingly being used for simulating missile threats in both short-range and long-range training exercises. Their adaptability allows military forces to use them in various combat simulations, improving readiness and effectiveness in real-world operations.

What Segments and Technologies Are Leading the Market?
Jet-engine drones dominate the market, offering the speed and maneuverability required to accurately simulate fast-moving enemy aircraft. Meanwhile, piston-engine drones are used for slower, low-altitude training exercises. The defense sector is the largest end-user, but target drones are also used in research and development by aerospace companies testing new weapon systems and radar technologies. Technological advancements, including the integration of artificial intelligence and autonomous navigation systems, are enhancing the capabilities of target drones, allowing them to perform more complex maneuvers and simulate more sophisticated enemy threats.

What Is Driving the Growth in the Target Drone Market?
The growth in the target drone market is driven by several factors, including increasing defense budgets, the rising need for advanced military training systems, and the growing adoption of UAV technologies. As geopolitical tensions rise and countries seek to bolster their defense capabilities, target drones have become a cost-effective solution for training military personnel and testing defense systems. The introduction of advanced propulsion systems and stealth technologies is also enhancing the realism of training exercises, making target drones even more valuable to military forces. Additionally, the expansion of defense training programs and the increasing use of drones in civilian aerospace research are further contributing to market growth. With continued advancements in UAV technology and an ongoing emphasis on military preparedness, the target drone market is expected to grow significantly in the coming years.

Select Competitors (Total 14 Featured) -

• Aerotargets International, LLC
• Air Affairs Australia Pty., Ltd.
• Airbus Group
• Asv Global
• Kratos Defense & Security Solutions, Inc.
• Leonardo SpA
• Lockheed Martin Corporation
• Northrop Grumman Corporation
• QinetiQ Group PLC
• SAAB AB
• The Boeing Company

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.