Military Drones Market report gives complete study of Market growth drivers, Current growth, market trends, Market structure, Market projections for upcoming years.
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An exclusive data offered in this report is collected by research and industry experts team.
Military Drones Market is projected to grow from US$ 12.1 Billion in 2018 to US$ 26.8 Billion by 2025, at a CAGR of 12.00% during the forecast period.
Military Drones Market spread across 186 pages, profiling 15 companies and supported with 72 tables and 47 figures is now available in this research report.
Most Popular Companies in the Military Drones Market include are
- General Atomics Aeronautical Systems Inc.(GA-ASI)(US)
- Northrop Grumman Corporation (US)
- Elbit Systems Ltd.(Israel)
- Israel Aerospace Industries Ltd.(Israel)
- Aero Vironment Inc.(US)
- Lockheed Martin Corporation (US)
- Thales Group (France)
- Boeing (US
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Based on Type, the fixed-wing segment is expected 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 compared to rotary-wing drones. These drones generally use gas engines as power sources, which also provide them with endurance to cover long distances.
Based on Application, the Intelligence, Surveillance, Reconnaissance, and Target Acquisition (ISRT) segment is expected to lead the military drones market in 2018. The growth of this segment can be attributed to the increasing transnational and regional instability across the globe due to rising instances of terrorist activities.
“North America is expected to lead the military drones market in 2018.”
North American region is expected to lead the military drones market in 2018. The US and Canada are key countries considered for the market analysis in this region.
Increase in defense expenditures of the US and Canada and the presence of major UAV manufacturers in North America are key factors contributing to the growth of the military drones market in this region.
Breakdown of primary participants’ profile:
- By Company Type: Tier 1 – 35%, Tier 2 – 45%,and Tier 3 – 20%
- By Designation: C Level – 35%, and Director Level – 25%, and Others– 40%,
- By Region: North America –45%, Europe – 20%, Asia Pacific – 30%, and RoW – 5%
- To analyze the degree of competition in the military drones market by identifying the key market players
- To forecast sizes of various segments of the military drones industry with respect to 5 major regions, namely, North America, Europe, Asia Pacific, the Middle East, Latin America, and Africa, along with major countries in each of these regions
- To identify and analyze key drivers, opportunities, and challenges influencing the growth of the military drones indystry across the globe
- To identify industry trends, market trends, and technology trends that are currently prevailing in the military drones industry
- To identify the detailed financial position, key products, and key developments of leading companies operating in the military drones industry
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Reason to access this report:
The Military Drones Market report focuses on various levels of analyses—industry analysis, market share analysis of top players, and company profiles. These insights together comprise and discuss basic views on the competitive landscape;high-growth regions and countries and their respective regulatory policies; and drivers, opportunities, and challenges influencing the growth of the military drones market.