Market Overview:
The global military drone market is expected to grow from USD 7.5 billion in 2018 to USD 23.4 billion by 2030, at a CAGR of 15.0% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for drones for reconnaissance, decoy, and electronic jamming applications across the globe.
Product Definition:
A drone is an unmanned aerial vehicle. Military drones are used for reconnaissance, surveillance, and target acquisition. They can also be armed with missiles to conduct strikes against enemy targets. Drones are important for military operations because they provide a means of gathering intelligence and conducting airstrikes without putting troops in danger.
Fixed-wing:
Fixed-wing aircraft are generally powered by an internal combustion engine or a turbine. They have a rigid wing with airfoil-shaped sections that provide lift in flight. Fixed-wing drones can be distinguished from their free floating, rotary counterparts by the presence of a fixed wing and Rotorcraft (RC) designation typically found on the fuselage or empennage of such aircraft.
Helicopter:
A helicopter is a type of aerial vehicle, which is used for transportation. The word Helicopter entered into the English language from French in the 17th century. It means “flight of stairs”or “lift” and it was originated from a Native American language as hélicoptère which means “winged bird” or “winged windmill”.
Application Insights:
The other application segment includes surveillance, mapping, and air-to-ground weapons delivery. The decoy application is expected to witness significant growth over the forecast period owing to its increasing use in military training activities as well as for aerial crowd control during major events. Electronic jamming integrator drones are used for providing cover against enemy aircraft by generating a false radar image.
Reconnaissance drones are widely used by armed forces for intelligence gathering purposes and have a variety of applications such as target acquisition & designation, reconnaissance missions, battlefield management & targeting information distribution system (TMDS), and others. Increasing demand from countries such as India and China is anticipated to drive the global market over the forecast period due to rising spending on defense equipment by these countries which has resulted in increased adoption of UAVs across military organizations globally.
Regional Analysis:
North America dominated the global military drone market in terms of revenue share in 2016. The growth can be attributed to the increasing use of drones for surveillance and reconnaissance purposes, which is expected to drive demand over the forecast period. Furthermore, technological advancements such as high-speed wireless connectivity offered by UAVs are also anticipated to propel industry growth over the next eight years.
The Asia Pacific region is projected to witness significant growth during the forecast period owing to rising demand from countries such as China and India. Factors such as growing defense budgets and increasing geopolitical tensions between nations are likely contributors toward increased sales within this region during the same period.
Growth Factors:
- Increasing demand for Unmanned Aerial Vehicles (UAVs) for military and commercial applications
- Proliferation of low-cost small drones
- Development of advanced drone technologies and features
- Growing demand for drone-based surveillance and reconnaissance systems
- Rising investments in drone technology by militaries across the world
Scope Of The Report
Report Attributes
Report Details
Report Title
Military Drone Market Research Report
By Type
Fixed-wing, Helicopter, Multi-rotor
By Application
Reconnaissance, Decoy, Electronic Jamming Integrator, Other
By Companies
AVIC, CASC, Xi'an Aisheng, GA-ASI, Northrop Grumman Corp., IAI, Thales, AVIC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Military Drone Market Report Segments:
The global Military Drone market is segmented on the basis of:
Types
Fixed-wing, Helicopter, Multi-rotor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Reconnaissance, Decoy, Electronic Jamming Integrator, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AVIC
- CASC
- Xi'an Aisheng
- GA-ASI
- Northrop Grumman Corp.
- IAI
- Thales
- AVIC
Highlights of The Military Drone Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fixed-wing
- Helicopter
- Multi-rotor
- By Application:
- Reconnaissance
- Decoy
- Electronic Jamming Integrator
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Military Drone Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A military drone is a remotely piloted aircraft used for surveillance or combat missions.
Some of the key players operating in the military drone market are AVIC, CASC, Xi'an Aisheng, GA-ASI, Northrop Grumman Corp., IAI, Thales, AVIC.
The military¢‚¬€šdrone market is expected to register a CAGR of 15%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Military Drone Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Military Drone Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Military Drone Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Military Drone Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Military Drone Market Size & Forecast, 2018-2028
4.5.1 Military Drone Market Size and Y-o-Y Growth
4.5.2 Military Drone Market Absolute $ Opportunity
Chapter 5 Global Military Drone Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Military Drone Market Size Forecast by Type
5.2.1 Fixed-wing
5.2.2 Helicopter
5.2.3 Multi-rotor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Military Drone Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Military Drone Market Size Forecast by Applications
6.2.1 Reconnaissance
6.2.2 Decoy
6.2.3 Electronic Jamming Integrator
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Military Drone Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Military Drone Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Military Drone Analysis and Forecast
9.1 Introduction
9.2 North America Military Drone Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Military Drone Market Size Forecast by Type
9.6.1 Fixed-wing
9.6.2 Helicopter
9.6.3 Multi-rotor
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Military Drone Market Size Forecast by Applications
9.10.1 Reconnaissance
9.10.2 Decoy
9.10.3 Electronic Jamming Integrator
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Military Drone Analysis and Forecast
10.1 Introduction
10.2 Europe Military Drone Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Military Drone Market Size Forecast by Type
10.6.1 Fixed-wing
10.6.2 Helicopter
10.6.3 Multi-rotor
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Military Drone Market Size Forecast by Applications
10.10.1 Reconnaissance
10.10.2 Decoy
10.10.3 Electronic Jamming Integrator
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Military Drone Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Military Drone Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Military Drone Market Size Forecast by Type
11.6.1 Fixed-wing
11.6.2 Helicopter
11.6.3 Multi-rotor
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Military Drone Market Size Forecast by Applications
11.10.1 Reconnaissance
11.10.2 Decoy
11.10.3 Electronic Jamming Integrator
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Military Drone Analysis and Forecast
12.1 Introduction
12.2 Latin America Military Drone Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Military Drone Market Size Forecast by Type
12.6.1 Fixed-wing
12.6.2 Helicopter
12.6.3 Multi-rotor
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Military Drone Market Size Forecast by Applications
12.10.1 Reconnaissance
12.10.2 Decoy
12.10.3 Electronic Jamming Integrator
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Military Drone Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Military Drone Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Military Drone Market Size Forecast by Type
13.6.1 Fixed-wing
13.6.2 Helicopter
13.6.3 Multi-rotor
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Military Drone Market Size Forecast by Applications
13.10.1 Reconnaissance
13.10.2 Decoy
13.10.3 Electronic Jamming Integrator
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Military Drone Market: Competitive Dashboard
14.2 Global Military Drone Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AVIC
14.3.2 CASC
14.3.3 Xi'an Aisheng
14.3.4 GA-ASI
14.3.5 Northrop Grumman Corp.
14.3.6 IAI
14.3.7 Thales
14.3.8 AVIC
