Precision Guided Munition Market

Comprehensive Research Report on Global Military Drone Market Analysis, Growth Forecast 2024-30

According to MarkNtel Advisors study the Global Military Drone Market research report is an extensive document that includes a plethora of information, including several opportunities and dynamics that are pertinent to the 2024–2030 projection period.

The Global Military Drone Market size was valued at around USD 20.21 billion in 2023 and is estimated to grow at a CAGR of around 12.21% during the forecast period, i.e., 2024-30.

Military Drone Market Driver

Growing Demand for Unmanned Systems to Strengthen the Market’s Outlook – The rise in popularity of unmanned systems, including military drones, stems from their capability to operate in hazardous environments while mitigating risks to military personnel. These systems offer persistent surveillance, reconnaissance, and strike capabilities, making them invaluable assets for military operations. In the context of modern warfare, characterized by asymmetric conflicts requiring a flexible & adaptable approach, the utilization of unmanned systems holds particular significance.

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Competitive Landscape & Segmentation Analysis

In order to provide a clear picture of competitive environment of the studied industry, we conducted a detailed analysis of both the major global players and the important regional small- and medium-sized businesses with significant growth potential. This global Military Drone market research provides information on the competitors, including their sales volume and revenue with corresponding market shares, price, and gross margin. It also examines the current competitive situation of the market. Furthermore discussed are the market concentration ratio, mergers, acquisitions, and expansion strategies.

  • Aero Sentinel
  • General Atomics Aeronautical Systems
  • Elbit Systems Ltd.
  • Isreal Aerospace Industries Ltd.
  • Aerovironment, Inc.
  • Lockheed Martin Corporation
  • Thales Group
  • Boeing
  • Bae Systems
  • Textron Systems
  • Shield AI Inc.
  • Asteria Aerospace Ltd.
  • Others

By identifying the high growth sectors, the study also gives stakeholders valuable insights into the trends and factors that are either driving or impeding the market growth possibilities. From a strategic perspective, it looks at each submarket’s unique growth trajectory and market share.

By Platform

-Small- Market Size & Forecast 2019-2030F, USD Million

-Nano- Market Size & Forecast 2019-2030F, USD Million

-Micro- Market Size & Forecast 2019-2030F, USD Million

-Mini- Market Size & Forecast 2019-2030F, USD Million

-Tactical- Market Size & Forecast 2019-2030F, USD Million

-Close Range- Market Size & Forecast 2019-2030F, USD Million

-Short Range- Market Size & Forecast 2019-2030F, USD Million

-Medium Range- Market Size & Forecast 2019-2030F, USD Million

-Long Range- Market Size & Forecast 2019-2030F, USD Million

-Strategic- Market Size & Forecast 2019-2030F, USD Million

By Speed

-Subsonic- Market Size & Forecast 2019-2030F, USD Million

-<100 Km/hr- Market Size & Forecast 2019-2030F, USD Million

-100- 300 Km/hr- Market Size & Forecast 2019-2030F, USD Million

->300 Km/ hr- Market Size & Forecast 2019-2030F, USD Million

-Supersonic- Market Size & Forecast 2019-2030F, USD Million

By Product Type

-Fixed Wing- Market Size & Forecast 2019-2030F, USD Million

-Rotary Wing- Market Size & Forecast 2019-2030F, USD Million

-Hybrid- Market Size & Forecast 2019-2030F, USD Million

By Technology

-Remotely Piloted- Market Size & Forecast 2019-2030F, USD Million

-Semi-Autonomous Piloted- Market Size & Forecast 2019-2030F, USD Million

-Fully Autonomous- Market Size & Forecast 2019-2030F, USD Million

By Range

-Visual Line of Sight (VLOS)- Market Size & Forecast 2019-2030F, USD Million

-Extended Visual Line of Sight (EVLOS)- Market Size & Forecast 2019-2030F, USD Million

-Beyond Line of Sight (BLOS)- Market Size & Forecast 2019-2030F, USD Million

By Propulsion

-Turbo Engine- Market Size & Forecast 2019-2030F, USD Million

-Piston Engine- Market Size & Forecast 2019-2030F, USD Million

-Battery- Market Size & Forecast 2019-2030F, USD Million

By Application

-Intelligence Surveillance Reconnaissance and Targeting (ISRT)- Market Size & Forecast 2019-2030F, USD Million

-Combat Operations- Market Size & Forecast 2019-2030F, USD Million

-Battle Management- Market Size & Forecast 2019-2030F, USD Million

-Logistics & Transportation- Market Size & Forecast 2019-2030F, USD Million

Geographically, the Global Military Drone extends across the following regions:

By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific

Key Benefits for Stakeholders

  • To determine the prevailing market opportunities, this research offers a quantitative study of the market segments, current trends, projections, and shifts in the global Military Drone market analysis from 2024 to 2030.
  • Information on the main factors driving the market as well as the obstacles and possibilities are provided.
  • The power of suppliers and buyers to empower stakeholders to make profit-driven business decisions and fortify their supplier-buyer network is underscored by Porter’s five forces analysis.
  • A comprehensive examination of the Military Drone market segmentation aids in identifying the dominant market opportunities.
  • The major countries in each area are shown in relation to the revenue they generate for the global market.
  • Market player positioning makes benchmarking easier and gives a clear picture of the current market position of each participant discussed in the report.
  • The research analyzes market trends for Military Drone industry on a regional and global scale, as well as the major competitors, market segments, and industry expansion tactics.

About us –

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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