Military Drones Market Set to Grow at the Fastest Rate - Time to Grow your Revenue - PowerPoint PPT Presentation

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Military Drones Market Set to Grow at the Fastest Rate - Time to Grow your Revenue

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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

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Title: Military Drones Market Set to Grow at the Fastest Rate - Time to Grow your Revenue


1
Military Drones Market Set to Grow at the
Fastest Rate - Time to Grow your
Revenue 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 data Tables Figures
market and 46 spread
through 178 Pages and in-depth TOC on
"Military Drones Market - Global Forecast to
2025" Download PDF Brochure _at_ https//www.markets
andmarkets.com/pdfdownloadNew.asp?id221577711 Inc
reasing 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. 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 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. Increasing defense
budgets of various countries have resulted in the
growth of the Extended Line of Sight (EVLOS)
segment of the military drones market.
2
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 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/requestsampleN
ew.asp?id221577711
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