The global military drones market size is expected to reach USD 35.71 Billion at a steady CAGR of 10.9% in 2028, according to latest analysis by Emergen Research. In December 2020, BAE Systems in partnership with UAVTEK, announced the development of nano Bug drones. The Bug drones feature a low visual profile to stealthily patrol in enemy zones and can maintain flight even in strong winds. Steady revenue growth of the military drones market can be attributed to increasing need for deployment of drones for intelligence, surveillance, and reconnaissance operations.Military Drones Market Size USD 15.44 Billion in 2020, Market Growth at a CAGR of 10.9%, Market Trends Rise in military expenditure. Military drones find application in surveillance and creating 3D maps of large areas in a short time span, especially at high altitudes, to enhance the geographical and situational awareness of military personnel by offering fast target detection, recognition, profiling, and precise geo-tagging. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length.

The report further offers a complete value chain analysis along with an analysis of the downstream buyers and upstream raw materials. The intelligence gathered through intelligence, surveillance, and reconnaissance provides keen military-edge to soldiers and considerably increases mission success rates. The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. Military drones are widely used for providing real-time tracking of enemy activities and their positions in combat zones. Fixed-wing military drones possess wings similar to an airplane to generate lift.  The presence of wings (instead of vertical rotors) allows fixed-wing drones to cover longer distances, fly for long time monitoring a target, and map larger areas.  The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments.

Get a Free sample copy of this Report: https://www.emergenresearch.com/request-sample/613

Key players in the market include Lockheed Martin Corporation, Thales Group, Northrop Grumman, BAE Systems, the Boeing Company, Israel Aerospace Industries, Raytheon Technologies Corporation, Elbit Systems Ltd., Textron Inc., and AeroVironment Inc.

Emergen Research has segmented the global military drones market on the basis of wing type, range, mode of launching, maximum takeoff weight, application, and region:

Wing Type Outlook (Revenue, USD Billion; 20182028)

Fixed-wing

Rotary-wing

Hybrid

Range Outlook (Revenue, USD Billion; 20182028)

Visual Line of Sight (VLOS)

Extended Visual Line of Sight (EVLOS)

Beyond Visual Line of Sight (BVLOS)

Mode of Launching Outlook (Revenue, USD Billion; 20182028)

Vertical Takeoff and Landing (VTOL)

Catapult Launcher

Hand Launched

Maximum Takeoff Weight Outlook (Revenue, USD Billion; 20182028)

Below 25 Kg

25 Kg to 150 Kg

Above 150 Kg

Read More: https://www.emergenresearch.com/industry-report/military-drones-market

Application Outlook (Revenue, USD Billion; 20182028)

Intelligence, Surveillance, Reconnaissance, and Target Acquisition

Combat Operations

Delivery & Transportation

Battle Damage Management

Regional Analysis:

The report sheds light on the region expected to dominate the Military Drones  market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Military Drones  market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.

Key questions addressed in the report:

What are the key factors driving the global Military Drones  market?

Who are the key manufacturers in this market space?

Who are the distributors, traders and dealers of this market?

What are the market opportunities and risks affecting the performance of the vendors in the global Military Drones  market?

What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?

Request a discount on the report: https://www.emergenresearch.com/request-discount/613

Market Taxonomy:

Chapter 1: Methodology & Scope

·       Definition and forecast parameters

·       Methodology and forecast parameters

·       Data Sources

Chapter 2:

Executive Summary

·       Business trends

·       Regional trends

·       Product trends

·       End-use trends

Chapter 3:

Industry Insights

·       Industry segmentation

·       Industry landscape

·       Vendor matrix

·       Technological and innovation landscape

Chapter 4:

Regional Landscape

Chapter 5:

Company Profile

·       Business Overview

·       Financial Data

·       Product Landscape

·       Strategic Outlook

RELATED REPORTSD:

Assessment Services Market: https://www.emergenresearch.com/industry-report/assessment-services-market

3D Printing Market: https://www.emergenresearch.com/industry-report/3d-printing-market

Digital Scent Technologies Market: https://www.emergenresearch.com/industry-report/digital-scent-technologies-market

FinFET Technology Market: https://www.emergenresearch.com/industry-report/finfet-technology-market

Lighting as a Service Market: https://www.emergenresearch.com/industry-report/lighting-as-a-service-market

About Us:
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

Facebook | LinkdIn | Twitter | Blogs