Global Military Drone Market Size Expected to Reach USD 35.71 Billion at a Stable CAGR of 10.9% in 2028
SURREY, BRITISH COLUMBIA, CANADA, December 8, 2021 /EINPresswire.com/ – The global military drone market size is expected to reach USD 35.71 billion at a stable CAGR of 10.9% in 2028, according to the latest analysis from Emergen Research. Data accumulated through qualitative and quantitative research techniques further helps business owners determine where they stand. in relation to their region, country and product category. The market intelligence report empowers business evangelists to examine the major trends, opportunities and challenges that are expected to shape the future of the industry during the estimated time frame. The report also offers estimates and forecasts on the market segment and sub-segments showing promising growth. Within the Provisional Timeline The increasing deployment of drones in intelligence, surveillance and reconnaissance operations is a key factor in the revenue growth of the global military drones market. Drones play a crucial role in executing advanced level military tactics that are essential to enhance a country’s security and sovereignty. The military drone market in North America accounted for the largest revenue share in 2020. The increasing deployment of drones in intelligence, surveillance and reconnaissance operations is a key driver for the revenue growth of the global military drones market. . Intelligence gathered through intelligence, surveillance and reconnaissance gives soldiers a military advantage and dramatically increases mission success rates.
Get a free copy of this report: https://www.emergenresearch.com/request-sample/613
In December 2020, BAE Systems in partnership with UAVTEK, announced the development of nano Bug drones. To help the business owner gain more business intelligence, the study on the XYZ market for the forecast period 2020-2027 sheds light on data on production capacity, consumption capacity, purchasing power , the feasibility of investments and technological innovation. Military drone market size – $ 15.44 billion in 2020, market growth – at a CAGR of 10.9%, market trends – military spending rising. A significant advantage of vertical take-off and landing (VTOL) aircraft is the ability to take off and land vertically in almost any type of terrain. An in-depth assessment of market performance in different regions is presented through self-explanatory graphical images, charts and tables that add weight to corporate presentations and marketing materials. The study offers regional profiles of major vendors and a detailed country-level breakdown to help companies make a sound investment decision when exploring new regions. Military drones find application in monitoring and creating 3D maps of large areas in a short period of time, especially at high altitudes, to improve geographic and situational awareness of military personnel by providing detection, reconnaissance, profiling and precise geotagging.
Major market players include Lockheed Martin Corporation, Thales Group, Northrop Grumman, BAE Systems, Boeing Company, Israel Aerospace Industries, Raytheon Technologies Corporation, Elbit Systems Ltd., Textron Inc. and AeroVironment Inc.
Emergen Research has segmented the global military drone market on the basis of wing type, range, launch mode, maximum takeoff weight, application, and region:
Wing Type Outlook (Revenue, USD Billion; 2018-2028)
Range Outlook (Revenue, USD Billion; 2018-2028)
Visual line of sight (VLOS)
Extended Line of Sight (EVLOS)
Beyond Visual Line of Sight (BVLOS)
Outlook launch mode (Revenue, Billions USD; 2018-2028)
Vertical take-off and landing (VTOL)
Maximum Takeoff Weight Outlook (Revenue, USD Billion; 2018-2028)
Below 25 kg
25 Kg to 150 Kg
Above 150 kg
Application Outlook (Revenue, USD Billion; 2018-2028)
Intelligence, surveillance, reconnaissance and target acquisition
Delivery and transport
Combat damage management
The report throws light on the region which is expected to dominate the military drone market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share that each region is expected to hold during the forecast period. The report analyzes the spread of the military drones market in key geographies covering North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. The regional analysis offers an idea of the production and consumption pattern, import / export, supply and demand ratio, contribution to income, market share and size, and presence of leading players in each region.
Key questions addressed in the report:
What are the key factors driving the global military drones market?
Who are the main manufacturers in this market space?
Who are the distributors, traders and resellers in this market?
What are the market opportunities and risks affecting the performance of vendors in the global Military Drones market?
What are the sales and revenue estimates of the major manufacturers in this market over the anticipated period?
Request a discount on the report: https://www.emergenresearch.com/request-discount/613
Chapter 1: Methodology and Scope
• Definition and forecast parameters
• Methodology and forecasting parameters
• Information source
• Business trends
• Regional trends
• Product trends
• End-use trends
• Industry segmentation
• Industry landscape
• Supplier matrix
• Technological and innovation landscape
• Company presentation
• Financial datas
• Product landscape
• Strategic perspective
Assessment services market: https://www.emergenresearch.com/industry-report/assessment-services-market
3D printing market: https://www.emergenresearch.com/industry-report/3d-printing-market
Digital Perfume Technology Market: https://www.emergenresearch.com/industry-report/digital-scent-technologies-market
FinFET Technology Market: https://www.emergenresearch.com/industry-report/finfet-technology-market
Lighting as a service market: https://www.emergenresearch.com/industry-report/lighting-as-a-service-market
At Emergen Research, we believe in the advancement of technology. We are a growing market research and strategy consulting company with a comprehensive knowledge base of cutting edge and potentially disruptive technologies that are expected to become more prevalent over the next decade.