Military Drones Market expected to reach $26.8 billion by 2025, at a CAGR of 12.00% from 2018 to 2025 - PowerPoint PPT Presentation

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Military Drones Market expected to reach $26.8 billion by 2025, at a CAGR of 12.00% from 2018 to 2025

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Military Drones Market by Type, Application (ISRT, Delivery and Transportation, Combat Operations, Battle Damage Management), Range (VLOS, EVLOS, BLOS), Propulsion Type, Launching Mode, Endurance, MTOW, Region - Global Forecast to 2025 – PowerPoint PPT presentation

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Title: Military Drones Market expected to reach $26.8 billion by 2025, at a CAGR of 12.00% from 2018 to 2025


1
Military Drones Market expected to reach 26.8
billion by 2025, at a CAGR of 12.00 from
2018 to 2025
According to the new research report "Military
Drones Market by Type, Application
(ISRT, Delivery
and
Transportation,
Combat
Operations,
Battle
Damage Management), Range (VLOS, EVLOS, BLOS),
Propulsion Type, Launching Mode, Endurance, MTOW,
Region - Global Forecast to 2025", The military
drones market is projected to grow from USD 12.1
billion in 2018 to USD 26.8 billion by 2025, at
a CAGR of 12.00 from 2018 to 2025.
Browse 73 market data Tables and 46 Figures
spread through 178 Pages and in-depth
TOC on "Military Drones Market - Global Forecast
to 2025"
Ask for Sample Report _at_
https//www.marketsandmarkets.com/requestsampleNew
.asp?id221577711
Increasing
use
of
unmanned
aerial
vehicles
in
Intelligence,
Surveillance, Reconnaissance, and Target
Acquisition (ISRT) applications and combat
operations is expected to drive the growth
of the military drones market across the
globe.
2
Improvements in flight control systems, owing to
the development of sense and avoid technology,
are also expected to fuel the growth of the
military drones market.
The delivery and transportation application
segment of the military drones market is
projected to grow at the highest CAGR during the
forecast period.
Based on application, the delivery and
transportation application segment of the
military drones market is projected to grow at
the highest CAGR from 2018 to 2025. This growth
can be attributed to the increased adoption of
UAVs for military applications such as
inspection, monitoring, surveying, mapping, and
remote sensing, along with
providing Properties superior efficiency,
supplies
to
troops.
of UAVs such
as high
endurance, and low operating
costs have increased
also use applications.
fueled their
in
military
Increasing defense budgets of various countries
have resulted in the growth of the Extended Line
of Sight (EVLOS) segment of the military drones
market.
Based on range, the Extended Visual Line of Sight
(EVLOS) segment of the military drones market is
projected to grow at the highest CAGR during the
forecast period. Small UAVs fall under the EVLOS
category and are primarily used in
surveillance, monitoring, and target acquisition
applications. Increasing defense budgets of
various countries across the globe are expected
to drive the growth of the EVLOS segment of
the military drones market during the forecast
period.
Improved endurance and enhanced payload
carrying capabilities are factors leading to
the growth of the fixed-wing segment of the
military drones market.
Based on type, the fixed-wing segment of the
military drones market is projected to grow at
the highest CAGR during the forecast period.
Fixed-wing drones offer improved endurance and
can cover a large area in a short interval of
time. As such, they are used in various military
applications. Moreover, the high payload carrying
capability of fixed- wing drones is also expected
to lead to their increased demand across the
globe, thereby fueling the growth of the
fixed-wing segment of the market.
The Asia Pacific military drones market projected
to grow at the highest CAGR during the forecast
period.
The military drones market in the Asia Pacific
region is projected to grow at the highest CAGR
during the forecast period. This growth can be
attributed to the increased demand for UAVs from
the military sector of countries such as China,
India, and Japan. The
3
military budgets of the above-mentioned countries
are increasing on a yearly basis, which has
subsequently led to the adoption of UAVs by
militaries of these countries as these drones
assist in the collection of battlefield data.
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uyingNew.asp?id22157771
1
Key Market Players
Key players operating in the military
drones market include General
Atomics Aeronautical Systems, Inc. (GA-ASI) (US),
Northrop Grumman Corporation (US), Elbit Systems
Ltd. (Israel), Israel Aerospace Industries Ltd.
(Israel), AeroVironment, Inc. (US), Lockheed
Martin Corporation (US), Thales Group (France),
and Boeing (US), among others.
Dont miss out on business opportunities in
Military Drones Market. Speak to our
analyst and gain crucial industry insights that
will help your business grow.
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