Military Drones Market Size, Growth, Trend and Global Forecast to 2025 - PowerPoint PPT Presentation

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Military Drones Market Size, Growth, Trend and Global Forecast to 2025

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The Military Drones Market is projected to grow from $12.1 billion in 2018 to $26.8 billion by 2025, at a CAGR of 12.00% from 2018 to 2025. – PowerPoint PPT presentation

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Title: Military Drones Market Size, Growth, Trend and Global Forecast to 2025


1
The 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. Download PDF Brochure
_at_ https//www.marketsandmarkets.com/pdfdownloadNew
.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. 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. 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 supplies to troops. Properties of
UAVs such as superior endurance, high
efficiency, and low operating costs have also
fueled their increased use in military
applications. 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. 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.
2
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 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. 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. Ask for Sample
Report _at_ https//www.marketsandmarkets.com/request
sampleNew.asp?id221577711 About
MarketsandMarkets MarketsandMarkets provides
quantified B2B research on 30,000 high growth
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platform, "Knowledgestore" connects over 200,000
markets and entire value chains for deeper
understanding of the unmet insights along with
market sizing and forecasts of niche
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