Global Military Drones Market Outlook and Industry Forecast to 2025 - PowerPoint PPT Presentation

View by Category
About This Presentation
Title:

Global Military Drones Market Outlook and Industry Forecast to 2025

Description:

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. – PowerPoint PPT presentation

Number of Views:6
Date added: 20 August 2020
Slides: 3
Provided by: sandeeproy

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: Global Military Drones Market Outlook and Industry Forecast to 2025


1
The Global 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.
Rise in the procurement of UAVs by defense
forces, worldwide is one of the most
significant factors contributing to the growth
of the military drones market. The increasing
use of UAVs in various military
such as surveying and
applications monitoring, mapping,
and combat
operations is also contributing to the growth of
the military drones market across the
globe. Download PDF Brochure _at_ https//www.markets
andmarkets.com/pdfdownloadNew.asp?id221577711 Bas
ed on range, the Beyond Line of Sight (BLOS)
segment is expected to be the largest
contributor to the military drones market during
the forecast period. Based on range, the military
drones market has been classified into Visual
Line of Sight (VLOS), Extended Visual Line of
Sight (EVLOS), and Beyond Light of Sight (BLOS).
The Extended Visual Line of Sight (EVLOS) 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 increasing use
of EVLOS UAVs in intelligence, surveillance,
reconnaissance, and target acquisition
applications. The Beyond Line of Sight (BLOS)
segment is projected to lead the market during
the forecast period. Based on application, the
Intelligence, Surveillance, Reconnaissance, and
Target Acquisition (ISRT) segment is expected to
be the largest contributor to the military
drones market from 2018 to 2025. Based on
application, the military drones market has been
segmented into intelligence, surveillance,
reconnaissance, and target acquisition, delivery
and transportation, combat operations, and
battle damage management. The delivery and
transportation 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 providing
supplies to troops and soldier deployed in remote
areas. Based on propulsion type, the battery
powered segment is expected to be the largest
contributor to the military drones market during
the forecast period. Based on propulsion type,
the military drones market has been segmented
into battery powered, fuel cell, and hybrid
cell. The fuel cell segment is projected to grow
at the highest CAGR during the forecast period,
owing to the increasing demand for
2
high endurance UAVs by the defense sector for
use in surveillance and reconnaissance
applications. Based on region, the military
drones market has been segmented into North
America, Europe, Asia Pacific, the Middle East,
Latin America, and Africa. The North American
region is estimated to be the largest market for
military drones in 2018. The increasing use of
military drones for border and maritime
surveillance activities in countries such as the
US and Canada is driving the growth of the
military drones market in the North American
region. 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.market
sandmarkets.com/requestsampleNew.asp?id221577711
About MarketsandMarkets MarketsandMarkets
provides quantified B2B research on 30,000 high
growth niche opportunities/threats which will
impact 70 to 80 of worldwide companies
revenues. Currently servicing 7500 customers
worldwide including 80 of global Fortune 1000
companies as clients. Almost 75,000 top officers
across eight industries worldwide approach
MarketsandMarkets for their painpoints around
revenues decisions. MarketsandMarketss flagship
competitive intelligence and market research
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
markets. Contact Mr. Aashish Mehra
MarketsandMarkets INC. 630 Dundee Road Suite
430 Northbrook, IL 60062 USA 1-888-600-6441
About PowerShow.com