Military Drone Market by Type (Fixed Wing, Hybrid, Rotary Wing), MTOW (150-1,200 Kg, <150 Kg, >1,200 Kg), Propulsion, Operation Mode, Speed, Launching Mode, Platform, Application - Global Forecast 2024-2030

Military Drone Market by Type (Fixed Wing, Hybrid, Rotary Wing), MTOW (150-1,200 Kg, <150 Kg, >1,200 Kg), Propulsion, Operation Mode, Speed, Launching Mode, Platform, Application - Global Forecast 2024-2030

The Military Drone Market size was estimated at USD 18.87 billion in 2023 and expected to reach USD 21.93 billion in 2024, at a CAGR 16.74% to reach USD 55.78 billion by 2030.

Military drones or unmanned aerial vehicles (UAVs) conduct defense missions of intelligence, reconnaissance, surveillance, and combat while being remotely controlled by drone pilots. These drones have long-range flights, improved endurance, and higher flight altitudes than conventional drones. Military drones are equipped with a more powerful engine, camera gear, and targeting system, which makes them an ideal choice for border patrolling across land and marine environments. Over the years, governments have significantly invested in deploying drones for surveillance and conducting R&D to develop advanced UAV versions. However, the non-availability of sustainable fuel to power drones and their immense safety issues have been major factors affecting the market development. With the emergence of advanced versions of UAVs focused on AI, ML, and big data and the improved capabilities of cargo delivery, the adoption of drones is set to rise across the military sector. Autonomous flights, highly-detailed 3D mapping, geotagging, and thermal detection are also the main focus areas of drone developers for improving aerial monitoring and data gathering of military drones.

Regional Insights

The military drone market is highly evolving across the Americas and EMEA region owing to the rising need for advanced surveillance systems in military operations and increasing government expenditure for strengthening the defense sector. As per the Stockholm International Peace Research Institute (SIPRI), U.S. military spending amounted to USD 801 billion in 2021 and contributed 3.5% to the GDP of 2021. The ongoing research and development (R&D) activities by BAE Systems plc, Elbit Systems Ltd., Israel Aerospace Industries Ltd., Saab Group, and Thales Group, among others, have improved the availability and deployment of military drones in the EMEA region. The ongoing Russia-Ukraine war further increased the usage of various types of drones for communication, navigation, and surveillance due to rising geopolitical tensions. In addition, the major investments by the Asian economies, including China, India, Japan, South Korea, Singapore, and Australia, towards border security and surveillance have significantly increased the demand for military drones in past years.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Military Drone Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Military Drone Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Military Drone Market, highlighting leading vendors and their innovative profiles. These include Aerovironment, Inc., Airbus SE, Anduril Industries, Inc., Animal Dynamics Ltd., Asteria Aerospace Limited, BAE Systems plc, Elbit Systems Ltd., General Atomics, Griffon Aerospace, Israel Aerospace Industries Ltd., Leidos, Inc., Lockheed Martin Corporation, Northrop Grumman Corporation, Rafael Advanced Defense Systems Ltd., Raytheon Technologies Corporation, Robotican Corporation, Saab Group, Safran Group, Shield AI, Skydio, Inc., Teal Drones, Inc. by Red Cat Holdings, Teledyne FLIR LLC, Textron Systems, Thales Group, The Boeing Company, and Volansi, Inc..

Market Segmentation & Coverage

This research report categorizes the Military Drone Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Type
  • Fixed Wing
  • Hybrid
  • Rotary Wing
• MTOW
  • 150-1,200 Kg
  • <150 Kg
  • >1,200 Kg
• Propulsion
  • Battery
  • Piston Engine
  • Turbo Engine
• Operation Mode
  • Fully Autonomous
  • Optionally Piloted
  • Remotely Piloted
• Speed
  • Subsonic
    • 51-300 Km/hr
    • <50 Km/hr
    • >300 Km/hr
  • Supersonic
• Launching Mode
  • Automatic Take-off & Landing
  • Catapult Launcher
  • Hand Launched
  • Vertical Take-off
• Platform
  • Small
    • Micro
    • Mini
    • Nano
  • Strategic
    • High Altitude Long Endurance
    • Medium Altitude Long Endurance
  • Tactical
    • Close Range
    • Long Range
    • Medium Range
    • Short Range
• Application
  • Delivery
  • Intelligence, Surveillance, & Reconnaissance
  • Unmanned Combat Aerial Vehicles
    • Lethal
    • Stealth
    • Target

• Region
  • Americas
    • Argentina
    • Brazil
    • Canada
    • Mexico
    • United States
      • California
      • Florida
      • Illinois
      • New York
      • Ohio
      • Pennsylvania
      • Texas
  • Asia-Pacific
    • Australia
    • China
    • India
    • Indonesia
    • Japan
    • Malaysia
    • Philippines
    • Singapore
    • South Korea
    • Taiwan
    • Thailand
    • Vietnam
  • Europe, Middle East & Africa
    • Denmark
    • Egypt
    • Finland
    • France
    • Germany
    • Israel
    • Italy
    • Netherlands
    • Nigeria
    • Norway
    • Poland
    • Qatar
    • Russia
    • Saudi Arabia
    • South Africa
    • Spain
    • Sweden
    • Switzerland
    • Turkey
    • United Arab Emirates
    • United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Military Drone Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Military Drone Market?
3. What are the technology trends and regulatory frameworks in the Military Drone Market?
4. What is the market share of the leading vendors in the Military Drone Market?
5. Which modes and strategic moves are suitable for entering the Military Drone Market?

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