Global target drones market is expected to reach USD 8,924.47 million by 2030 from USD 5,957.65 million in 2022, growing at a CAGR of 5.3% during the forecast period of 2023 to 2030
Market Segmentation
Global Target Drones Market, By Type (Rotary, Fixed), Use (Aerial Target, Ground Target, Marine Target), Target Type (Free Flying Target, Full Scale Target, Subscale Target, Sporting Target, Towing Target), Engine Type (Jet Engine And Ic Engine), Speed ( Less Than 100 M/S, More Than 100 M/S), Mode Of Operation (Remotely Piloted, Autonomous, Optionally Piloted), Payload Capacity (Less Than 20 Kgs, 20 - 50 Kgs, More Than 50kgs), Application (Combat Training, Target And Decoy, Target Identification, Reconnaissance, Target Acquisition), End-User (Defense, Homeland Security, Commercial), Country (Germany, U.K., Italy, France, Russia, Spain, Switzerland, Turkey, Belgium, Netherlands, Sweden, Denmark, Poland, And Rest Of Europe, China, Japan, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia And New Zealand, Taiwan, Vietnam And Rest Of Asia-Pacific, U.S., Canada, And Mexico, Saudi Arabia, South Africa, U.A.E., Egypt, Israel, Oman, Qatar, Bahrain And Rest Of Middle East And Africa, Brazil, Argentina, and Rest Of South America) - Industry Trends and Forecast to 2030.
Some of the major factors contributing to the growth of the global target drones market:
- Drivers
- Rising expenditure on defense by different countries
- Advancements in drone technology
- Rising threats and security concerns
- Restraint
- Dependency on skilled personnel to operate
- Opportunities
- Rising trend of AI (Artificial Intelligence) and data-driven technology
- Internal collaboration and parterships
Market Players
The key players operating in the Global target drones market are:
- SCR
- Sistemas de Control Remoto
- MSP
- ANADRONE
- AeroTargets International LLC.
- Denel Dynamics
- Thales
- SAAB
- SAFRAN
- Lockheed Martin Corporation
- AIRBUS
- Griffon Aerospace
- Northrop Grumman.
- Boeing.
- Leonardo S.p.A.
- Kratos Defense & Security Solutions, Inc.
TABLE OF CONTENTS
1 INTRODUCTION 9
- 1.1 OBJECTIVES OF THE STUDY 9
- 1.2 MARKET DEFINITION 9
- 1.3 OVERVIEW 9
- 1.4 LIMITATIONS 11
- 1.5 MARKETS COVERED 11
2 MARKET SEGMENTATION 16
- 2.1 MARKETS COVERED 16
- 2.2 GEOGRAPHICAL SCOPE 17
- 2.3 YEARS CONSIDERED FOR THE STUDY 18
- 2.4 CURRENCY AND PRICING 18
- 2.5 DBMR TRIPOD DATA VALIDATION MODEL 19
- 2.6 MULTIVARIATE MODELING 22
- 2.7 MARKET APPLICATION COVERAGE GRID 23
- 2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 24
- 2.9 DBMR MARKET POSITION GRID 25
- 2.10 DBMR VENDOR SHARE ANALYSIS 27
- 2.11 SECONDARY SOURCES 28
- 2.12 ASSUMPTIONS 29
3 EXECUTIVE SUMMARY 30
4 PREMIUM INSIGHTS 33
- 4.1 MANUFACTURING FACILITIES & CAPACITIES 34
- 4.2 PRICING ANALYSIS 35
- 4.3 PRODUCTION VOLUME OVERVIEW 36
5 MARKET OVERVIEW 37
- 5.1 DRIVERS 39
- 5.1.1 RISING EXPENDITURES ON DEFENSE BY DIFFERENT COUNTRIES 39
- 5.1.2 ADVANCEMENTS IN DRONE TECHNOLOGY 40
- 5.1.3 RISING THREATS AND SECURITY CONCERNS 41
- 5.2 RESTRAINT 41
- 5.2.1 DEPENDENCY ON SKILLED PERSONNEL TO OPERATE 41
- 5.3 OPPORTUNITIES 42
- 5.3.1 RISING TREND OF AI (ARTIFICIAL INTELLIGENCE) AND DATA-DRIVEN TECHNOLOGY 42
- 5.3.2 INTERNAL COLLABORATION AND PARTNERSHIPS 42
- 5.4 CHALLENGE 43
- 5.4.1 CONCERNS RELATED TO POWER ISSUES HINDER THE PERFORMANCE OF DRONES 43
6 GLOBAL TARGET DRONES MARKET BY GEOGRAPHY 44
- 6.1 OVERVIEW 44
- 6.2 NORTH AMERICA 46
- 6.3 EUROPE 48
- 6.4 ASIA-PACIFIC 50
- 6.5 SOUTH AMERICA 52
- 6.6 MIDDLE EAST & AFRICA 54
7 GLOBAL TARGET DRONES MARKET: COMPANY LANDSCAPE 56
- 7.1 COMPANY SHARE ANALYSIS: GLOBAL 56
- 7.2 COMPANY SHARE ANALYSIS: EUROPE 57
- 7.3 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 58
- 7.4 COMPANY SHARE ANALYSIS: NORTH AMERICA 59
- 7.5 PARTNERSHIPS & CONTRACTS 60
- 7.6 EVENTS 61
- 7.7 AWARD 61
8 SWOT ANALYSIS 62
9 COMPANY PROFILE 63
- 9.1 LOCKHEED MARTIN CORPORATION 63
- 9.1.1 COMPANY SNAPSHOT 63
- 9.1.2 REVENUE ANALYSIS 63
- 9.1.3 COMPANY SHARE ANALYSIS 64
- 9.1.4 PRODUCT PORTFOLIO 64
- 9.1.5 RECENT DEVELOPMENT 64
- 9.2 AIRBUS 65
- 9.2.1 COMPANY SNAPSHOT 65
- 9.2.2 REVENUE ANALYSIS 65
- 9.2.3 COMPANY SHARE ANALYSIS 66
- 9.2.4 PRODUCT PORTFOLIO 66
- 9.2.5 RECENT DEVELOPMENTS 66
- 9.3 BOEING 67
- 9.3.1 COMPANY SNAPSHOT 67
- 9.3.2 REVENUE ANALYSIS 67
- 9.3.3 COMPANY SHARE ANALYSIS 68
- 9.3.4 PRODUCT PORTFOLIO 68
- 9.3.5 RECENT DEVELOPMENTS 68
- 9.4 GRIFFON AEROSPACE 70
- 9.4.1 COMPANY SNAPSHOT 70
- 9.4.2 COMPANY SHARE ANALYSIS 70
- 9.4.3 PRODUCT PORTFOLIO 71
- 9.4.4 RECENT DEVELOPMENT 71
- 9.5 NORTHROP GRUMMAN 72
- 9.5.1 COMPANY SNAPSHOT 72
- 9.5.2 REVENUE ANALYSIS 72
- 9.5.3 COMPANY SHARE ANALYSIS 73
- 9.5.4 PRODUCT PORTFOLIO 73
- 9.5.5 RECENT DEVELOPMENT 74
- 9.6 AEROTARGETS INTERNATIONAL LLC 75
- 9.6.1 COMPANY SNAPSHOT 75
- 9.6.2 PRODUCT PORTFOLIO 75
- 9.6.3 RECENT DEVELOPMENTS 75
- 9.7 ANADRONE 76
- 9.7.1 COMPANY SNAPSHOT 76
- 9.7.2 PRODUCT PORTFOLIO 76
- 9.7.3 RECENT DEVELOPMENT 76
- 9.8 DENEL DYNAMICS 77
- 9.8.1 COMPANY SNAPSHOT 77
- 9.8.2 PRODUCT PORTFOLIO 77
- 9.8.3 RECENT DEVELOPMENT 77
- 9.9 KRATOS DEFENSE & SECURITY SOLUTIONS, INC 78
- 9.9.1 COMPANY SNAPSHOT 78
- 9.9.2 REVENUE ANALYSIS 78
- 9.9.3 PRODUCT PORTFOLIO 79
- 9.9.4 RECENT DEVELOPMENTS 79
- 9.10 LEONARDO S.P.A. 80
- 9.10.1 COMPANY SNAPSHOT 80
- 9.10.2 REVENUE ANALYSIS 80
- 9.10.3 PRODUCT PORTFOLIO 81
- 9.10.4 RECENT DEVELOPMENTS 81
- 9.11 MSP 82
- 9.11.1 COMPANY SNAPSHOT 82
- 9.11.2 PRODUCT PORTFOLIO 82
- 9.11.3 RECENT DEVELOPMENT 82
- 9.12 SAAB AB 84
- 9.12.1 COMPANY SNAPSHOT 84
- 9.12.2 REVENUE ANALYSIS 84
- 9.12.3 PRODUCT PORTFOLIO 85
- 9.12.4 RECENT DEVELOPMENT 85
- 9.13 SAFRAN 86
- 9.13.1 COMPANY SNAPSHOT 86
- 9.13.2 REVENUE ANALYSIS 87
- 9.13.3 PRODUCT PORTFOLIO 87
- 9.13.4 RECENT DEVELOPMENT 87
- 9.14 SCR, SISTEMAS DE CONTROL REMOTO 88
- 9.14.1 COMPANY SNAPSHOT 88
- 9.14.2 PRODUCT PORTFOLIO 88
- 9.14.3 RECENT DEVELOPMENTS 88
- 9.15 THALES 90
- 9.15.1 COMPANY SNAPSHOT 90
- 9.15.2 REVENUE ANALYSIS 90
- 9.15.3 PRODUCT PORTFOLIO 91
- 9.15.4 RECENT DEVELOPMENTS 91
10 QUESTIONNAIRE 93
11 RELATED REPORTS 97