The Target Drones Market study report provides an inclusive breakdown of the Target Drones Market size across the world as regional and nation-level market size evaluation, CAGR estimation of market growth during the forecast period, revenue, key drivers, competitive background, and sales examination of the financiers. Along with that, the report clarifies the foremost challenges and risks to face in the forecast period. This Target Drones Market research report gives a helpful view regarding the economic outlook of the international market. It comprises a detailed picture of the segment demonstration of the key universal players working in the market. The research analysis also prepares historical records with profits expectations during the estimated period and, the business producing of the prominent industrialists are also underlined with methodological records in the report.
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)
Target Drones Market Overview
The Target Drones market size is projected to reach a CAGR of 7.8% from 2022 to 2028.
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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.
Target Drones Market 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.
Target Drones Market 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 The Target Drones Market
In February 2020, Griffon Aerospace was awarded with a USD 50 million contract to for MQM-170 Outlaw by US Army.
Reasons to Acquire Target Drones Market Report
• 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
Table of Contents
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
Military
Homeland Security
Commercial
On the basis of End Use
Aerial Targets
Ground Targets
Marine Targets
Underwater Targets
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)
On the basis of Region
Asia Pacific
North America
Europe
South America
Middle East & Africa
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