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Military Drones Market by Type, Application, Range, Propulsion Type, Launching Mode, Endurance, MTOW, Region - Global Forecast to 2025

Military Drones Market: Global Forecast until 2025

  • October 2018
  • 179 pages
  • ID: 5609423
In this report:
ACCORDING TO CALHOUN: THE NPS INSTITUTIONAL ARCHIVE, NEARLY ##% OF ACCIDENTS INVOLVING UAVS ARE DUE TO HUMAN ERROR WHILE ##% OCCUR DUE TO MATERIAL FAILURE, ALONG WITH OTHER FACTORS.
THE ##-## HOURS SEGMENT IS EXPECTED TO GROW AT THE HIGHEST CAGR OF ##.##% DURING THE FORECAST PERIOD DUE TO THE DEMAND FOR THESE DRONES IN VARIOUS MILITARY OPERATIONS.

Summary

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The military drones market is estimated to rise at a compound annual growth rate of ~12.0 percent from 2018 to 2025.

The military drones market is forecasted to grow from $12.10B in 2018 to $26.80B by 2025, at a compound annual growth rate (CAGR) of 12.00% during the forecast horizon. Unmanned Aerial Vehicles, also known as drones, are remotely piloted aerial vehicles, which are increasingly being used in the defense market for a number of applications including border surveillance, monitoring, surveying and mapping, combat operations, and product delivery. The growing use of drones in military applications is fueling the increase of the military drones market across the world. The European and Latin American regions are anticipated to be the new revenue-generating industries for unmanned aerial vehicles. Increasing defense budgets and growing adoption of UAVs in several military applications are contributing to the rise of the military drones market across the world.

Established on category, the fixed-wing segment is anticipated to lead the military drones market in 2018.

Established on category, the fixed-wing segment is anticipated to lead the military drones market in 2018.Fixed-wing drones have longer endurance as compared to other types of UAVs, thereby making them suitable for use in military applications.

Fixed-wing drones can cover longer distances as distinguished to rotary-wing drones.These drones generally use gas engines as power sources, which also provide them with endurance to cover long distances.

Different fixed-wing drones can fly for over 15 hours without the need to land for refueling. These drones are used in Intelligence, Surveillance, and Reconnaissance operations to record data about potential targets that are otherwise difficult to detect.

Established on application, the Intelligence, Surveillance, Reconnaissance, and Target Acquisition segment is anticipated to lead the military drones market in 2018.

Established on application, the Intelligence, Surveillance, Reconnaissance, and Target Acquisition segment is anticipated to lead the military drones market in 2018. The increase of this segment can be attributed to the rising transnational and regional instability across the globe due to growing instances of terrorist activities.

North America (NA) is anticipated to lead the military drones market in 2018.

The North American area is forecast to lead the military drones market in 2018.The USA and Canada (CA) are main countries considered for the market analysis in this zone.

Rise in defense expenditures of the US and Canada (CA) and the presence of main UAV manufacturers in North America continent are top factors providing to the rise of the military drones market in this area.

Break-up of profiles of primary members taking part for this industry report:

• By Company category: Tier 1 - 35.0 percent, Tier 2 - 45.0 percent, and Tier 3 - 20.0 percent

• By Description: C-suite - 35.0 percent, and D-level - 25.0 percent, and Others - 40.0 percent,

• By Area: North America (NA) - 45.0 percent, Europe (EU) - 20.0 percent, APAC - 30.0 percent, and rest of the world - 5.0 percent

Top players operating in the military drones market contain General Atomics Aeronautical Systems, Incorporated, Northrop Grumman (NYSE:NOC), Elbit Systems (NASDAQ:ESLT), Israel Aerospace Industries Ltd., AeroVironment, Incorporated, Lockheed Martin (LMT), Thales (HO), and Boeing.

Segment Research

This research study includes the segmentation of the military drones market established on category (fixed-wing, rotary-wing, hybrid/transitional), application (intelligence, surveillance, reconnaissance, and target acquisition, delivery and transportation, combat operations, and battle damage management), Maximum Takeoff Weight (<25 kilograms, 25¬-150 kilograms, and >150 kilograms), endurance (<1-2 hours, 2-6 hours, and >6 hours), range, Extended Visual Line of Sight, and Beyond Line of Sight, propulsion type (battery powered, fuel cell, and hybrid cell), and launching mode (vertical take-off, automatic take-off and landing, catapult launcher, and hand launched). These segments and sub-segments are mapped across different regions including North America, EU, Asia-Pac, the Middle East area, Latin America area, and African continent. The study offers detailed market intelligence about main Elements such as drivers, alternatives, and opportunities influencing the increase of the military drones market across the world. It also provides an review of micromarkets with respect to individual developments trends, prospects, and their contribution to the global military drones market.

Why acquiring this study can help you:

From an insight prospect, the military drones market report highlights on several levels of analyses - industry, market share research of top players, and company descriptions. These insights together comprise and discuss basic views on the competitive landscape; high-growth areas and territories and their specific regulatory policies; and drivers, possibilities, and opportunities influencing the rise of the military drones market.

The military drones market report offers business insights on these pointers:

• business entry: Info concerning the competitive landscape of the military drones market

• Market Sizing: The estimated size of the market in 2018 and its projection from 2018 to 2025

• Product Development/Innovative products: In-depth understanding on the next technologies, analysis & growth activities, and recent product launches in the military drones market

• Market Overview: Market forces and subsequent study of associated trends as well as drivers, alternatives, and opportunities prevailing in the military drones market

• Market Development: Highlighted information about lucrative sectors - the market research examines the sector for military drones across several areas

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the military drones market

• Regional Review: Factors influencing the increase of the military drones market in North America continent, Europe (EU), Asia Pacific (APAC), the Middle East (ME), Latin America area, and African continent

• opposing assessment: Detailed assessment of strategies, products, and manufacturing capabilities of leading market actors

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