Target Drones Market Demand & Value Analysis


Posted September 7, 2023 by delvensolutions

The Target Drones market size is projected to reach a CAGR of 7.8% from 2022 to 2028.

 
Target Drones Market by End-use Sector (Defense, Commercial), End Use (Aerial Targets, Ground Targets, Marine Targets), Application, Mode of Operation, Payload Capacity, Build, Target Type, Engine Type, Speed, Type, and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Market Overview
The Target Drones market size is projected to reach a CAGR of 7.8% from 2022 to 2028.
Target drones are drones which are unmanned vehicles that are generally used for combat training against manned and unmanned threats, destruction tests on decoys that simulate behaviour of real threats, and testing and development of military systems. These offer a cost-effective substitute to equipment and systems used by military forces across various countries. Target drones are very identical to unmanned aerial vehicles.
The advantages offered by the targeted drones offered over the conventional drones are some of the factors that have supported long-term expansion for Target Drones Market.
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Regional Analysis
Asia Pacific is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the increased defence budgets and expenditure along with the cross-border tension.
Competitive Landscape
Key Players
• Airbus S.A.S.
• BAE Systems plc
• Denel Dynamics
• Embention
• Griffon Aerospace
• Leonardo S.p.A.
• Lockheed Martin Corporation
• Northrop Grumman Corporation
• Qinetiq Group plc
• The Boeing Company
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Recent Developments
• In February 2020, Griffon Aerospace was awarded with a USD 50 million contract to for MQM-170 Outlaw by US Army.
Reasons to Acquire
• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Target Drones Market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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The Target Drones Market report answers a number of crucial questions, including:

Which companies dominate the Target Drones Market?

What current trends will influence the market over the next few years?

What are the market's opportunities, obstacles, and driving forces?

What predictions for the future can help with strategic decision-making?

What advantages does market research offer businesses?

Which particular market segments should industry players focus on in order to take advantage of the most recent technical advancements?

What is the anticipated growth rate for the market economy globally?

Report Scope
Target Drones Market is segmented into End-use Sector, End Use, Application, Mode of Operation, Payload Capacity, Build, Target Type, Engine Type, Speed, Type and region.
On the basis of End-User
• Defense
o Military
o Homeland Security
• Commercial
On the basis of End Use
• Aerial Targets
• Ground Targets
• Marine Targets
o Underwater Targets
o Sea Surface Targets
On the basis of Application
• Combat Training
• Target & Decoy
• Reconnaissance
• Target Identification
• Target Acquisition
On the basis of Mode of Operation
• Autonomous
• Remotely Piloted
• Optionally Piloted
On the basis of Payload Capacity
• High (>40 kg)
• Medium (20 kg to 40 kg)
• Low ( 250mps)
• Low (< 250mps)

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Issued By Delvens
Country India
Categories Industry , Reports , Research
Tags target drones market , target drones market value , target drones market scope
Last Updated September 7, 2023