Product Code: GVR-4-68040-394-8
Military Drone Market Size & Trends:
The global military drone market size was estimated at USD 36,140.8 million in 2023 and is projected to grow at a CAGR of 13.8% from 2024 to 2030. The market is witnessing rapid technological advancements, with significant improvements in drone capabilities such as endurance, payload capacity, and stealth features. Innovations in materials science, battery technology, and miniaturization are enabling drones to fly longer, carry heavier loads, and avoid detection more effectively.
Integration of advanced sensors and AI-driven analytics enhances their operational efficiency, providing real-time data processing and decision-making capabilities. These advancements are expanding the adoption of drone applications in military operations, from surveillance and reconnaissance to combat and logistics.
Furthermore, there is a growing trend towards the adoption of autonomous and semi-autonomous drone systems in military operations. Autonomous drones can perform complex missions with minimal human intervention, reducing the risk to personnel and increasing mission success rates. The development of sophisticated algorithms for navigation, target recognition, and obstacle avoidance is driving market growth.
There is a noticeable shift towards smaller, tactical drones. These drones are designed for short-range missions and can be deployed quickly and discreetly. They are used extensively for intelligence, surveillance, and reconnaissance (ISR) missions, providing real-time situational awareness to ground troops. Their portability and ease of use make them ideal for urban warfare and counter-insurgency operations, where flexibility and rapid deployment are crucial.
Military drones are increasingly being integrated with other defense systems to create a cohesive and interconnected battlefield environment. This integration includes linking drones with ground-based radar systems, manned aircraft, and naval vessels, enabling seamless data sharing and coordinated operations. The concept of network-centric warfare, where various military assets are interconnected through a robust communication network, is driving market growth.
Moreover, as the use of military drones becomes more widespread, there is an increased focus on developing counter-drone technologies. These technologies aim to detect, identify, and neutralize hostile drones, protecting critical infrastructure and military assets. Counter-drone systems employ a variety of methods, including radar, RF jamming, and kinetic interception, to mitigate the threat posed by enemy drones. The rise in asymmetric warfare, where non-state actors and insurgent groups use commercial drones for attacks, has further accelerated the development and deployment of counter-drone solutions.
Global Military Drone Market Report Segmentation
This report forecasts and estimates revenue growth at the global, regional, and country levels along with analyzing the latest market trends and opportunities in each one of the sub-segments from 2018 to 2030. For this study, Grand View Research has further segmented the global military drone market report based on type, operation mode, range, application, and region.
- Type Outlook (Revenue, USD Million, 2018 - 2030)
- Fixed-Wing
- Rotary Blade
- Hybrid
- Operation Mode Outlook (Revenue, USD Million, 2018 - 2030)
- Remotely Piloted
- Partially Autonomous
- Fully Autonomous
- Range Outlook (Revenue, USD Million, 2018 - 2030)
- Visual Line of Sight (VLOS)
- Extended Visual Line of Sight (EVLOS)
- Beyond Visual Line of Sight (BVLOS)
- Application Outlook (Revenue, USD Million, 2018 - 2030)
- Intelligence, Surveillance and Reconnaissance (ISR)
- Logistics & Supply
- Others
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- South Korea
- Latin America
- Middle East and Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Information Procurement
- 1.3.1. Information analysis
- 1.3.2. Market formulation & data visualization
- 1.3.3. Data validation & publishing
- 1.4. 4 Research Scope and Assumptions
- 1.4.1. List to Data Sources
Chapter 2. Executive Summary
- 2.1. Military Drone Market Snapshot
- 2.2. Military Drone Market - Segment Snapshot (1/2)
- 2.3. Military Drone Market - Segment Snapshot (2/2)
- 2.4. Military Drone Market - Competitive Landscape Snapshot
Chapter 3. Military Drone Market - Industry Outlook
- 3.1. Market Overview
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunity
- 3.3.4. Market Challenges
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's analysis
- 3.4.2. Macroeconomic analysis
- 3.5. Military Drone Market - Technology Trends
Chapter 4. Military Drone Market: Type Estimates & Trend Analysis
- 4.1. Type Movement Analysis & Market Share, 2023 & 2030
- 4.2. Military Drone Market Estimates & Forecast, By Type (USD Million)
- 4.2.1. Fixed-Wing
- 4.2.2. Rotary Blade
- 4.2.3. Hybrid
Chapter 5. Military Drone Market: Operation Mode Estimates & Trend Analysis
- 5.1. Operation Mode Movement Analysis & Market Share, 2023 & 2030
- 5.2. Military Drone Market Estimates & Forecast, By Operation Mode (USD Million)
- 5.2.1. Remotely Piloted
- 5.2.2. Partially Autonomous
- 5.2.3. Fully Autonomous
Chapter 6. Military Drone Market: Range Estimates & Trend Analysis
- 6.1. Range Movement Analysis & Market Share, 2023 & 2030
- 6.2. Military Drone Market Estimates & Forecast, By Range (USD Million)
- 6.2.1. Visual Line of Sight (VLOS)
- 6.2.2. Extended Visual Line of Sight (EVLOS)
- 6.2.3. Beyond Visual Line of Sight (BVLOS)
Chapter 7. Military Drone Market: Application Estimates & Trend Analysis
- 7.1. Application Movement Analysis & Market Share, 2023 & 2030
- 7.2. Military Drone Market Estimates & Forecast, By Application (USD Million)
- 7.2.1. Intelligence, Surveillance and Reconnaissance (ISR)
- 7.2.2. Logistics & Supply
- 7.2.3. Others
Chapter 8. Regional Estimates & Trend Analysis
- 8.1. Military Drone Market by Region, 2023 & 2030
- 8.2. North America
- 8.2.1. North America Military Drone Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.2.2. U.S.
- 8.2.3. Canada
- 8.2.4. Mexico
- 8.3. Europe
- 8.3.1. Europe Military Drone Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.3.2. Germany
- 8.3.3. UK
- 8.3.4. France
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Military Drone Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.4.2. Japan
- 8.4.3. China
- 8.4.4. India
- 8.4.5. South Korea
- 8.4.6. Australia
- 8.5. Latin America
- 8.5.1. Latin America Military Drone Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.5.2. Brazil
- 8.6. Middle East & Africa (MEA)
- 8.6.1. MEA Military Drone Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.6.2. Saudi Arabia
- 8.6.3. UAE
- 8.6.4. South Africa
Chapter 9. Military Drone Market - Competitive Landscape
- 9.1. Recent Developments & Impact Analysis, By Key Market Participants
- 9.2. Company Categorization
- 9.3. Participant's Overview
- 9.4. Financial Performance
- 9.5. Product Benchmarking
- 9.6. Company Market Positioning
- 9.7. Company Heat Map Analysis
- 9.8. Strategy Mapping
- 9.8.1. Expansion/Divestiture
- 9.8.2. Collaborations/Partnerships
- 9.8.3. New Product Launches
- 9.8.4. Research & Development
- 9.9. Company Profiles
- 9.9.1. AeroVironment, Inc.
- 9.9.1.1. Participant's Overview
- 9.9.1.2. Financial Performance
- 9.9.1.3. Product Benchmarking
- 9.9.1.4. Recent Developments
- 9.9.2. Elbit Systems Ltd.
- 9.9.2.1. Participant's Overview
- 9.9.2.2. Financial Performance
- 9.9.2.3. Product Benchmarking
- 9.9.2.4. Recent Developments
- 9.9.3. Lockheed Martin Corporation
- 9.9.3.1. Participant's Overview
- 9.9.3.2. Financial Performance
- 9.9.3.3. Product Benchmarking
- 9.9.3.4. Recent Developments
- 9.9.4. Northrop Grumman Corporation
- 9.9.4.1. Participant's Overview
- 9.9.4.2. Financial Performance
- 9.9.4.3. Product Benchmarking
- 9.9.4.4. Recent Developments
- 9.9.5. RTX Corporation
- 9.9.5.1. Participant's Overview
- 9.9.5.2. Financial Performance
- 9.9.5.3. Product Benchmarking
- 9.9.5.4. Recent Developments
- 9.9.6. Shield AI
- 9.9.6.1. Participant's Overview
- 9.9.6.2. Financial Performance
- 9.9.6.3. Product Benchmarking
- 9.9.6.4. Recent Developments
- 9.9.7. SZ DJI Technologies Co. Ltd.
- 9.9.7.1. Participant's Overview
- 9.9.7.2. Financial Performance
- 9.9.7.3. Product Benchmarking
- 9.9.7.4. Recent Developments
- 9.9.8. Teal Drones, Inc.
- 9.9.8.1. Participant's Overview
- 9.9.8.2. Financial Performance
- 9.9.8.3. Product Benchmarking
- 9.9.8.4. Recent Developments
- 9.9.9. Thales Group
- 9.9.9.1. Participant's Overview
- 9.9.9.2. Financial Performance
- 9.9.9.3. Product Benchmarking
- 9.9.9.4. Recent Developments
- 9.9.10. The Boeing Company
- 9.9.10.1. Participant's Overview
- 9.9.10.2. Financial Performance
- 9.9.10.3. Product Benchmarking
- 9.9.10.4. Recent Developments