Target Drones Market Research Report - Global Forecast till 2025 - PowerPoint PPT Presentation

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Target Drones Market Research Report - Global Forecast till 2025

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Global Target Drones Market Research Report: Information by Engine Type (Internal Combustion Engine, Jet Engine, and Others), Target Type (Full-Scaled, Sub-Scaled, Free Flying, Towing, and Sporting), End Use (Defense, Homeland Security, and Commercial), Platform (Aerial Targets, Ground Targets, Underwater Targets, and Sea Surface Targets), & Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2025 – PowerPoint PPT presentation

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Title: Target Drones Market Research Report - Global Forecast till 2025


1
Target Drones Market Research Report By Forecast
To 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
2
Target Drones Market Research Report - Forecast
to 2023
Global Target Drones Market by End-user (Defense,
Homeland Security, Commercial), Platform (Aerial,
Ground, Underwater, and Sea Surface), Engine Type
(IC, Jet, others), Target Type (Full
Sub-scaled, Free Fly, Tow, Sport), Region-
Forecast till 2023
Target drone is a kind of unmanned aerial
vehicle. Target drones can be used for ground
targets, aerial targets, underwater targets, and
sea surface targets. It is popularly used in the
defense industry mostly for training in
anti-aircraft warfare. Besides, it is used to
simulate manned aircraft in radar, counter-air
defense, and homeland security. In addition, the
application of target drones has increased
necessity in military trainings related to
anti-missile and anti-submarine and in weapon
calibration testing. The rising funds in the
defense industry focused on training in several
emerging nations is an eminent factor boosting
the target drones market. In several developing
economies, line fit based target drones is
witnessing extensive acceptance due to their
cost-effectiveness and wider accessibility in
emerging regions. The growing number of
innovation and patent registrations in several
developed nations is expected to emphasize the
market. Advancements in simulation technologies
and the massive RD capabilities being spent on
developing these technologies are notable factors
increasing the market. As target drones are
unmanned aerial vehicles they can be controlled
by remote and are mainly used in the defense.
They are the alternatives for aerial targets
mainly used in evaluation, testing, research and
development. The current target drones are used
in radar and countermeasures in order to mimic
the manned aircraft. The rise in funds for
training programs in the military across the
world is expected to fuel the demand for target
drones as they are progressively being accepted
in the defense sector for training. Furthermore,
the rise in instances of political terrorism, and
maritime piracy have amplified the investments
for realistic military training. However, lack of
skilled workforces to control and operate the
target drones is expected to hamper the market
during the forecast period. The target drones
market is estimated to witness a CAGR of more
than 9 during the forecast period 2018-2023.
3
Target Drones Market Research Report - Forecast
to 2023
Segmentation and Regional Analysis
Based on the end user, the market can be
segmented into defense, homeland security, and
commercial. Defense segment is estimated to be
the major segment of the target drones market.
Since target drones are majorly used for
anti-aircraft, anti-missile, and anti-submarine
training in the defense sector. Target drones are
similarly, also used for missile and weapon
calibration testing. The target drones market can
be segmented based on engine type, the target
drones market can be split into IC engines, jet
engines, and others. The jet engine segment is
foreseen to dominate the market during the
forecast period due to the high adoption rate of
target drones in the military due to their high
speed engine technologies. The fit market can be
additional segmented into customized fit and line
fit. The line fit segment is expected to
establish the largest market, as customized fit
is available only in the U.K and the U.S. Due to
budget limitations in the defense in emerging
countries, modification of fighter aircraft is
not possible as most of the countries obtain such
aircraft from Russia and the U.S. and are not
able to change them into aerial targets.
Consequently, the target drones in those
countries are mostly line fit drones. In terms of
region, the target drones market has been
segmented into North America, Europe, Asia
Pacific, the Middle East Africa, and South
America. North America is expected to account for
the largest share of the target drones market
during the forecast period, owing to the rise in
investment in defense training programs and the
increase in budget allocated for target drones in
the U.S. Furthermore, in the U.S., old fighter
aircraft are converted into aerial targets that
help in missile training, testing trainings, and
simulating real-time threat scenarios for
military anti-aircraft missile systems. Asia
Pacific is expected to witness the fastest growth
rate during the forecast period from developing
countries, such as India and China. In developing
nations, target drones lack scope of
modification, as they are sourced from countries
such as Russia and the U.S. The NATO Missile
Firing Installation (NAMFI) delivers an extensive
firing range for target drones. Based in Souda
Bay on the island of Crete, Greece, their
services are used by Germany, Greece, the
Netherlands, and the U.S.
Report Sample_at_ https//www.marketresearchfuture.co
m/sample_request/6000
4
Target Drones Market Research Report - Forecast
to 2023
Press Release _at_ https//www.marketresearchfuture.c
om/press-release/global-target-drone-market
5
Target Drones Market Research Report - Forecast
to 2023
Key Players
The key players in the target drones market are
ASV Global (U.K), AeroTargets International, LLC
(U.S.), Boeing Company (U.S.), QinetiQ Group Plc
(U.K), Kratos Defense Security Solutions, Inc.
(U.S.), Northrop Grumman Corporation (U.S.), Saab
AB (Sweden), Airbus S.A.S (France), Leonardo
S.p.A. (Italy), and Lockheed Martin Corporation
(U.S.). The report for Global Target Drones
Market of Market Research Future comprises
extensive primary research along with the
detailed analysis of qualitative as well as
quantitative aspects by various industry experts,
key opinion leaders to gain the deeper insight of
the market and industry performance. The report
gives the clear picture of current market
scenario which includes historical and projected
market size in terms of value and volume,
technological advancement, macro economical and
governing factors in the market. The report
provides details information and strategies of
the top key players in the industry. The report
also gives a broad study of the different market
segments and regions.
Browse Report _at_ https//www.marketresearchfuture.c
om/reports/target-drones-market-6000
6
ABOUT US
MARKET RESEARCH FUTURE At Market Research Future
(MRFR), we enable our customers to unravel the
complexity of various industries through our
Cooked Research Report (CRR), Half-Cooked
Research Reports (HCRR), Raw Research Reports
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Research Consulting Services. MRFR team have
supreme objective to provide the optimum quality
market research and intelligence services to our
clients. Our market research studies by products,
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and market players for global, regional, and
country level market segments, enable our clients
to see more, know more, and do more, which help
to answer all their most important questions. In
order to stay updated with technology and work
process of the industry, MRFR often plans
conducts meet with the industry experts and
industrial visits for its research analyst
members. For more information kindly visit
www.marketresearchfuture.com or contact us at
info_at_marketresearchfuture.com Copyright
2018 Market Research Future All Rights Reserved.
This document contains highly confidential
information and is the sole property of Market
Research Future. No part of it may be circulated,
copied, quoted, or otherwise reproduced without
the written approval of Market Research Future.
7
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