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Target Drone Market Size, Share & Trends Analysis Report By Target (Aerial, Ground, Marine), By Application (Training, Target & Decoy, Reconnaissance), By Operation Mode, By End Use, By Payload, By Region, And Segment Forecasts, 2024 - 2030

Publisher Grand View Research
Published Aug 01, 2024
Length 150 Pages
SKU # GV19155897

Description

Target Drone Market Size, Share & Trends Analysis Report By Target (Aerial, Ground, Marine), By Application (Training, Target & Decoy, Reconnaissance), By Operation Mode, By End Use, By Payload, By Region, And Segment Forecasts, 2024 - 2030


Target Drone Market Size & Trends

The global target drone market size was estimated at USD 5.18 billion in 2023 and is expected to expand at a CAGR of 9.3% from 2024 to 2030. The increasing military and defense expenditures worldwide is boosting the demand for target drones. Governments and defense organizations are investing heavily in advanced technologies to enhance their military capabilities. As geopolitical tensions and defense budgets continue to rise, the demand for sophisticated target drones is expected to grow, providing military forces with realistic training scenarios and high-performance targets.

There is a growing interest in law enforcement agencies, search and rescue teams, and industries such as security and surveillance are beginning to adopt these drones for various applications, including training law enforcement and emergency response teams. The versatility of target drones allows them to be utilized in different environments, further driving their adoption across sectors for training and simulation purposes. For instance, drones can be used for disaster response training, airport security drills, and emergency response scenarios. This diversification of applications is expanding the target drone market beyond traditional defense sectors, creating new opportunities for growth.

Moreover, the need for realistic training and simulation is a key factor driving the market growth. Modern warfare and defense strategies require high levels of precision and adaptability, necessitating advanced training tools. Target drones provide realistic targets that can mimic various threats and environmental conditions, allowing trainees to practice and refine their skills in a controlled setting. As military forces and defense organizations emphasize the importance of effective training programs, the demand for advanced target drones that can replicate diverse combat scenarios is expected to increase.

Governments are prioritizing military modernization and enhancing their training capabilities to address evolving security threats. As a result, there is a growing demand for target drones for use in live-fire training exercises, weapons testing, and the evaluation of missile systems, which is expected to further fuel the market growth in coming years.

Technological advancements such as enhanced automation, improved flight stability, and advanced targeting systems have made target drones more efficient and effective for military training and testing. Additionally, the integration of AI and machine learning algorithms enables these drones to simulate realistic enemy scenarios, further boosting their demand. The ongoing research and development in drone technology is expected to continue to drive the market growth in the coming years.

Global Target Drone Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global target drone market report based on target, application, operation mode, end use, payload, and region:
  • Target Outlook (Revenue, USD Million, 2018 - 2030)
  • Aerial
  • Ground
  • Marine
  • Application Outlook (Revenue, USD Million, 2018 - 2030)
  • Training
  • Target and Decoy
  • Reconnaissance
  • Others
  • Operation Mode Outlook (Revenue, USD Million, 2018 - 2030)
  • Piloted
  • Autonomous
  • End Use Outlook (Revenue, USD Million, 2018 - 2030)
  • Military & Government
  • Commercial
  • Payload Outlook (Revenue, USD Million, 2018 - 2030)
  • Less than 15 Kg
  • 15-30 kg
  • More than 30 Kg
  • Regional Outlook (Revenue, USD Million, 2018 - 2030)
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Asia Pacific
  • China
  • Australia
  • Japan
  • India
  • South Korea
  • Latin America
  • Brazil
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
Please note The report will be delivered in 4-8 business days upon order notification.

Table of Contents

150 Pages
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definitions
1.3. Information Procurement
1.3.1. Information analysis
1.3.2. Market formulation & data visualization
1.3.3. Data validation & publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Target Drone Market Snapshot
2.2. Target Drone Market - Segment Snapshot
2.3. Target Drone Market - Competitive Landscape Snapshot
Chapter 3. Target Drone Target Market - Industry Outlook
3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.3.3. Industry Challenges
3.3.4. Industry Opportunities
3.4. Industry Analysis Tools
3.4.1. Porter’s analysis
3.4.2. Macroeconomic analysis
3.5. Target Drone Market: Technology Trends
Chapter 4. Target Drone Market: Target Estimates & Trend Analysis
4.1. Target Movement Analysis & Market Share, 2023 & 2030
4.2. Target Drone Market Estimates & Forecast, By Target (USD Million)
4.2.1. Aerial
4.2.2. Ground
4.2.3. Marine
Chapter 5. Target Drone Market: Application Estimates & Trend Analysis
5.1. Application Movement Analysis & Market Share, 2023 & 2030
5.2. Target Drone Market Estimates & Forecast, By Application (USD Million)
5.2.1. Training
5.2.2. Target and Decoy
5.2.3. Reconnaissance
5.2.4. Other
Chapter 6. Target Drone Market: Operation Mode Estimates & Trend Analysis
6.1. Operation Mode Movement Analysis & Market Share, 2023 & 2030
6.2. Target Drone Market Estimates & Forecast, By Operation Mode (USD Million)
6.2.1. Piloted
6.2.2. Autonomous
Chapter 7. Target Drone Market: End Use Estimates & Trend Analysis
7.1. End Use Movement Analysis & Market Share, 2023 & 2030
7.2. Target Drone Market Estimates & Forecast, By End Use (USD Million)
7.2.1. Military & Government
7.2.2. Commercial
Chapter 8. Target Drone Market: Payload Estimates & Trend Analysis
8.1. Payload Movement Analysis & Market Share, 2023 & 2030
8.2. Target Drone Market Estimates & Forecast, By Payload (USD Million)
8.3. Less than 15 Kg
8.4. 15-30 kg
8.5. More than 30 Kg
Chapter 9. Regional Estimates & Trend Analysis
9.1. Target Drone Market by Region, 2023 & 2030
9.2. North America
9.2.1. North America Target Drone Market Estimates & Forecasts, 2018 - 2030 (USD Million)
9.2.2. U.S.
9.2.3. Canada
9.2.4. Mexico
9.3. Europe
9.3.1. Europe Target Drone Market Estimates & Forecasts, 2018 - 2030 (USD Million)
9.3.2. UK
9.3.3. Germany
9.3.4. France
9.4. Asia Pacific
9.4.1. Asia Pacific Target Drone Market Estimates & Forecasts, 2018 - 2030 (USD Million)
9.4.2. China
9.4.3. Japan
9.4.4. India
9.4.5. South Korea
9.4.6. Australia
9.5. Latin America
9.5.1. Latin America Target Drone Market Estimates & Forecasts, 2018 - 2030 (USD Million)
9.5.2. Brazil
9.6. Middle East & Africa (MEA)
9.6.1. MEA Target Drone Market Estimates & Forecasts, 2018 - 2030 (USD Million)
9.6.2. UAE
9.6.3. Saudi Arabia
9.6.4. South Africa
Chapter 10. Target Drone Market - Competitive Landscape
10.1. Recent Developments & Impact Analysis, By Key Market Participants
10.2. Company Categorization
10.3. Participant’s Overview
10.4. Financial Performance
10.5. Product Benchmarking
10.6. Company Market Positioning Analysis
10.7. Company Heat Map Analysis
10.8. Strategy Mapping
10.8.1. Expansion/Divestiture
10.8.2. Collaborations/Partnerships
10.8.3. New Product Launches
10.8.4. Contract
10.9. Company Profiles
10.9.1. Lockheed Martin Corporation
10.9.1.1. Participant’s Overview
10.9.1.2. Financial Performance
10.9.1.3. Product Benchmarking
10.9.1.4. Recent Developments
10.9.2. Northrop Grumman Corporation
10.9.2.1. Participant’s Overview
10.9.2.2. Financial Performance
10.9.2.3. Product Benchmarking
10.9.2.4. Recent Developments
10.9.3. The Boeing Company
10.9.3.1. Participant’s Overview
10.9.3.2. Financial Performance
10.9.3.3. Product Benchmarking
10.9.3.4. Recent Developments
10.9.4. Airbus SE
10.9.4.1. Participant’s Overview
10.9.4.2. Financial Performance
10.9.4.3. Product Benchmarking
10.9.4.4. Recent Developments
10.9.5. BAE Systems plc
10.9.5.1. Participant’s Overview
10.9.5.2. Financial Performance
10.9.5.3. Product Benchmarking
10.9.5.4. Recent Developments
10.9.6. Kratos Defense & Security Solutions, Inc.
10.9.6.1. Participant’s Overview
10.9.6.2. Financial Performance
10.9.6.3. Product Benchmarking
10.9.6.4. Recent Developments
10.9.7. QnetiQ Group plc
10.9.7.1. Participant’s Overview
10.9.7.2. Financial Performance
10.9.7.3. Product Benchmarking
10.9.7.4. Recent Developments
10.9.8. Griffon Aerospace
10.9.8.1. Participant’s Overview
10.9.8.2. Financial Performance
10.9.8.3. Product Benchmarking
10.9.8.4. Recent Developments
10.9.9. Leonardo S.p.A.
10.9.9.1. Participant’s Overview
10.9.9.2. Financial Performance
10.9.9.3. Product Benchmarking
10.9.9.4. Recent Developments
10.9.10. Safran Electronics & Defense
10.9.10.1. Participant’s Overview
10.9.10.2. Financial Performance
10.9.10.3. Product Benchmarking
10.9.10.4. Recent Developments

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