Military Drone Market Overview, Future Growth, Segmentation, Key Player and Forecast 2023 to 2031

Astute Analytica’s recently published report on the Global Military Drone Market offers the latest data and determines growth prospects and challenges. A tool for evaluating the potential for new goods and services is the constraints and opportunity analysis. This aids businesses in locating and forecasting market opportunities. 

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The study also contains a compilation of qualitative and quantitative evaluations made by subject-matter experts in their fields as well as representatives from various industries found all along the supply chain. 

The size of the Global military drone market was valued at US$ 10,193.83 million in 2022 and is projected to attain a valuation of US$ 19,002.47 million by 2031 at a healthy CAGR of 7.49% during the forecast period 2023-2031.  The paper discusses further findings that researchers made based on the comprehensive data and also offers information on the state of the market.

The paper discusses kinds and applications based on various nations and important locations. The market’s most active companies are described in detail with regard to attributes like corporate portfolio, business strategy, financial overview, recent developments, and industry share. 

Leading Companies 

List of Key Companies Profiled:

  • 3D Robotics
  • AeroVironment
  • Autel Robotics
  • BAE Systems Plc
  • BAE Systems plc
  • Boeing
  • Delair
  • DJI Technology
  • Elbit Systems
  • FLIR Systems, Inc.
  • General Atomics Aeronautical Systems
  • Israel Aerospace Industries Ltd.
  • Kesper Drone (U.S.)
  • Lockheed Martin Corporation
  • Northrop Grumman
  • Saab AB
  • Textron Inc.
  • Yuneec
  • Other Prominent Players

Full Report Here- https://www.astuteanalytica.com/industry-report/military-drone-market

We continuously monitor the direct impact COVID-19 (Update Omicron mutations study) has on the market, in addition to the indirect influence of related industries. The report will contain the observations. 

The geographical regions are divided into several major categories for production, consumption, revenue (in US dollars), and market share in this analysis. We’ll discuss the predicted growth of the market in this region between 2021 and 2031. 

Segmentation Overview 

By Category:

  • Class I (Less than 150kg)
    • Micro Drones
    • Mini Drones
    • Small Drones
  • Class II (150kg-600kg)
  • Class III (more than 600kg)
    • Strike/Combat
    • HALE (High Altitude Long Endurance)
    • MALE (Medium Altitude Long Endurance)

By Design:

  • Fixed-wing design
  • Multi-rotor design
  • Single rotor design
  • Hybrid VTOL design

By Technology:

  • Remotely Operated
  • Semi-Autonomous
  • Fully Autonomous

By Application:

  • Battlefield intelligence, reconnaissance and surveillance (ISR)
  • Early warning and threat detection
  • Support for troops on the ground
  • Tracking and collaborating with friendly forces
  • Providing correction data for artillery fire
  • Relaying communications
  • Logistics and supply dropping
  • Location and targeting of enemy forces
  • Emergency response & search and rescue
  • Aerial targets for training
  • Others

By Region:

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • Western Europe
      • The UK
      • Germany
      • France
      • Italy
      • Spain
      • Rest of Western Europe
    • Eastern Europe
      • Poland
      • Russia
      • Rest of Eastern Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia & New Zealand
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of MEA
  • South America
    • Argentina
    • Brazil
    • Rest of South America

About Astute Analytica:

Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.

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