According to the research report, the global military drones market size is expected to touch USD 28.84 Billion by 2032, from USD 13.42 Billion in 2022, growing with a significant CAGR of 7.95% from 2023 to 2032.
The military drones report offers a comprehensive study of the current state expected at the major drivers, market strategies, and key vendors’ growth. The report presents energetic visions to conclude and study the market size, market hopes, and competitive surroundings. The research also focuses on the important achievements of the market, research & development, and regional growth of the leading competitors operating in the market. The current trends of the global military drones in conjunction with the geographical landscape of this vertical have also been included in this report.
The report offers intricate dynamics about different aspects of the global military drones market, which aids companies operating in the market in making strategic development decisions. The study also elaborates on significant changes that are highly anticipated to configure growth of the global military drones during the forecast period. It also includes a key indicator assessment that highlights growth prospects of this market and estimates statistics related to growth of the market in terms of value (US$ Mn) and volume (tons).
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Report Scope of the Military Drones Market:
| Report Coverage | Details |
| Market Size in 2023 | USD 14.49 Billion |
| Market Size by 2032 | USD 28.84 Billion |
| Growth Rate from 2023 to 203 | CAGR of 7.95% |
| Largest Market | North America |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | By Type, By Range, By Technology, and By Application |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America and Middle East & Africa |
This study covers a detailed segmentation of the global military drones market, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the global military drones market, wherein various developments, expansions, and winning strategies practiced and implemented by leading players have been presented in detail.
Key Players
- Northrop Grumman Corporation
- Anduril Industries, Inc.
- Shield AI Inc.
- Animal Dynamics Ltd
- Elbit Systems Ltd.
- Asteria Aerospace Limited
- Teal Drones, Inc.
- Aeronautics Group
- Aeryon Labs Inc
- Israel Aerospace Industries
- Thales Group
- The Boeing Company
- Saab AB
- AeroVironment, Inc.
Market Segmentation
By Type
- Fixed Wing
- Rotary Wing
- Hybrid
By Range
- Visual Line of Sight
- Extended Visual Line of Sight
- Beyond Line of Sight
By Technology
- Remotely operated
- Semi-autonomous
- Autonomous
By Application
- Intelligence, Surveillance, Reconnaissance, and Target Acquisition
- Combat Operations
- Delivery and Transportation
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Research Methodology
The research methodology adopted by analysts for compiling the global military drones report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.
During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.
For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global military drones market.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Military Drones Market
5.1. COVID-19 Landscape: Military Drones Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Military Drones Market, By Type
8.1. Military Drones Market Revenue and Volume Forecast, by Type, 2023-2032
8.1.1. Fixed Wing
8.1.1.1. Market Revenue and Volume Forecast (2020-2032)
8.1.2. Rotary Wing
8.1.2.1. Market Revenue and Volume Forecast (2020-2032)
8.1.3. Hybrid
8.1.3.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 9. Global Military Drones Market, By Range
9.1. Military Drones Market Revenue and Volume Forecast, by Range, 2023-2032
9.1.1. Visual Line of Sight
9.1.1.1. Market Revenue and Volume Forecast (2020-2032)
9.1.2. Extended Visual Line of Sight
9.1.2.1. Market Revenue and Volume Forecast (2020-2032)
9.1.3. Beyond Line of Sight
9.1.3.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 10. Global Military Drones Market, By Technology
10.1. Military Drones Market Revenue and Volume Forecast, by Technology, 2023-2032
10.1.1. Remotely operated
10.1.1.1. Market Revenue and Volume Forecast (2020-2032)
10.1.2. Semi-autonomous
10.1.2.1. Market Revenue and Volume Forecast (2020-2032)
10.1.3. Autonomous
10.1.3.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 11. Global Military Drones Market, By Application
11.1. Military Drones Market Revenue and Volume Forecast, by Application, 2023-2032
11.1.1. Intelligence, Surveillance, Reconnaissance, and Target Acquisition
11.1.1.1. Market Revenue and Volume Forecast (2020-2032)
11.1.2. Combat Operations
11.1.2.1. Market Revenue and Volume Forecast (2020-2032)
11.1.3. Delivery and Transportation
11.1.3.1. Market Revenue and Volume Forecast (2020-2032)
11.1.4. Others
11.1.4.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 12. Global Military Drones Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.1.2. Market Revenue and Volume Forecast, by Range (2020-2032)
12.1.3. Market Revenue and Volume Forecast, by Technology (2020-2032)
12.1.4. Market Revenue and Volume Forecast, by Application (2020-2032)
12.1.5. U.S.
12.1.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.1.5.2. Market Revenue and Volume Forecast, by Range (2020-2032)
12.1.5.3. Market Revenue and Volume Forecast, by Technology (2020-2032)
12.1.5.4. Market Revenue and Volume Forecast, by Application (2020-2032)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.1.6.2. Market Revenue and Volume Forecast, by Range (2020-2032)
12.1.6.3. Market Revenue and Volume Forecast, by Technology (2020-2032)
12.1.6.4. Market Revenue and Volume Forecast, by Application (2020-2032)
12.2. Europe
12.2.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.2.2. Market Revenue and Volume Forecast, by Range (2020-2032)
12.2.3. Market Revenue and Volume Forecast, by Technology (2020-2032)
12.2.4. Market Revenue and Volume Forecast, by Application (2020-2032)
12.2.5. UK
12.2.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.2.5.2. Market Revenue and Volume Forecast, by Range (2020-2032)
12.2.5.3. Market Revenue and Volume Forecast, by Technology (2020-2032)
12.2.5.4. Market Revenue and Volume Forecast, by Application (2020-2032)
12.2.6. Germany
12.2.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.2.6.2. Market Revenue and Volume Forecast, by Range (2020-2032)
12.2.6.3. Market Revenue and Volume Forecast, by Technology (2020-2032)
12.2.6.4. Market Revenue and Volume Forecast, by Application (2020-2032)
12.2.7. France
12.2.7.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.2.7.2. Market Revenue and Volume Forecast, by Range (2020-2032)
12.2.7.3. Market Revenue and Volume Forecast, by Technology (2020-2032)
12.2.7.4. Market Revenue and Volume Forecast, by Application (2020-2032)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.2.8.2. Market Revenue and Volume Forecast, by Range (2020-2032)
12.2.8.3. Market Revenue and Volume Forecast, by Technology (2020-2032)
12.2.8.4. Market Revenue and Volume Forecast, by Application (2020-2032)
12.3. APAC
12.3.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.3.2. Market Revenue and Volume Forecast, by Range (2020-2032)
12.3.3. Market Revenue and Volume Forecast, by Technology (2020-2032)
12.3.4. Market Revenue and Volume Forecast, by Application (2020-2032)
12.3.5. India
12.3.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.3.5.2. Market Revenue and Volume Forecast, by Range (2020-2032)
12.3.5.3. Market Revenue and Volume Forecast, by Technology (2020-2032)
12.3.5.4. Market Revenue and Volume Forecast, by Application (2020-2032)
12.3.6. China
12.3.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.3.6.2. Market Revenue and Volume Forecast, by Range (2020-2032)
12.3.6.3. Market Revenue and Volume Forecast, by Technology (2020-2032)
12.3.6.4. Market Revenue and Volume Forecast, by Application (2020-2032)
12.3.7. Japan
12.3.7.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.3.7.2. Market Revenue and Volume Forecast, by Range (2020-2032)
12.3.7.3. Market Revenue and Volume Forecast, by Technology (2020-2032)
12.3.7.4. Market Revenue and Volume Forecast, by Application (2020-2032)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.3.8.2. Market Revenue and Volume Forecast, by Range (2020-2032)
12.3.8.3. Market Revenue and Volume Forecast, by Technology (2020-2032)
12.3.8.4. Market Revenue and Volume Forecast, by Application (2020-2032)
12.4. MEA
12.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.4.2. Market Revenue and Volume Forecast, by Range (2020-2032)
12.4.3. Market Revenue and Volume Forecast, by Technology (2020-2032)
12.4.4. Market Revenue and Volume Forecast, by Application (2020-2032)
12.4.5. GCC
12.4.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.4.5.2. Market Revenue and Volume Forecast, by Range (2020-2032)
12.4.5.3. Market Revenue and Volume Forecast, by Technology (2020-2032)
12.4.5.4. Market Revenue and Volume Forecast, by Application (2020-2032)
12.4.6. North Africa
12.4.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.4.6.2. Market Revenue and Volume Forecast, by Range (2020-2032)
12.4.6.3. Market Revenue and Volume Forecast, by Technology (2020-2032)
12.4.6.4. Market Revenue and Volume Forecast, by Application (2020-2032)
12.4.7. South Africa
12.4.7.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.4.7.2. Market Revenue and Volume Forecast, by Range (2020-2032)
12.4.7.3. Market Revenue and Volume Forecast, by Technology (2020-2032)
12.4.7.4. Market Revenue and Volume Forecast, by Application (2020-2032)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.4.8.2. Market Revenue and Volume Forecast, by Range (2020-2032)
12.4.8.3. Market Revenue and Volume Forecast, by Technology (2020-2032)
12.4.8.4. Market Revenue and Volume Forecast, by Application (2020-2032)
12.5. Latin America
12.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.5.2. Market Revenue and Volume Forecast, by Range (2020-2032)
12.5.3. Market Revenue and Volume Forecast, by Technology (2020-2032)
12.5.4. Market Revenue and Volume Forecast, by Application (2020-2032)
12.5.5. Brazil
12.5.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.5.5.2. Market Revenue and Volume Forecast, by Range (2020-2032)
12.5.5.3. Market Revenue and Volume Forecast, by Technology (2020-2032)
12.5.5.4. Market Revenue and Volume Forecast, by Application (2020-2032)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.5.6.2. Market Revenue and Volume Forecast, by Range (2020-2032)
12.5.6.3. Market Revenue and Volume Forecast, by Technology (2020-2032)
12.5.6.4. Market Revenue and Volume Forecast, by Application (2020-2032)
Chapter 13. Company Profiles
13.1. Northrop Grumman Corporation
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Anduril Industries, Inc.
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Shield AI Inc.
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Animal Dynamics Ltd
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Elbit Systems Ltd.
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Asteria Aerospace Limited
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Teal Drones, Inc.
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Aeronautics Group
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Aeryon Labs Inc
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Israel Aerospace Industries
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
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