Military Drones on the Rise of $17 Billion Market by 2027 - PowerPoint PPT Presentation

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Military Drones on the Rise of $17 Billion Market by 2027


The Military Drone Market Size is expected to reach a value worth USD 17.0 Billion by 2027, a rise from USD 12.0 Billion in 2022, with a CAGR of 7.3% from 2022 to 2027. – PowerPoint PPT presentation

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Title: Military Drones on the Rise of $17 Billion Market by 2027

Military Drones on the Rise 17 Billion Market
by 2027
Get ready for an insightful journey into the
dynamic world of military drones. The Military
Drone Market is poised for remarkable growth, set
to soar from USD 12.0 billion in 2022 to an
impressive USD 17.0 billion by 2027, exhibiting a
robust CAGR of 7.3. What's driving this
expansion, you ask? The surge in investment for
the development and procurement of modern military
solutions capabilities worldwide.
the forces the
is enhancing
of defense Moreover,
  • increasing incidents of piracy and territorial
    disputes across Central Asia, South America,
    East Africa, the Indian subcontinent, Southeast
    Asia, and West Africa have triggered intensified
    maritime patrolling and anti-piracy
    operations, leading to the rising use of
    Unmanned Aerial Vehicles (UAVs) for maritime
  • These UAVs are playing a pivotal
  • role in identifying hotspots, recognizing and
    monitoring suspicious ships, and securing vital
    commercial routes by providing real-time data to
    relevant authorities.
  • Download PDF Brochure _at_
  • https//
  • Dive deeper into the market with 302 market data
    tables, 69 figures, and a comprehensive table of
    contents Military Drone Market Report
  • Among propulsion methods, the battery segment is
    anticipated to register the highest growth rate
    during the forecast period. Battery-powered
    military drones, using lithium-ion batteries,
    fuel cells, and hybrid cells, are gaining
    traction, especially among short-range and
    medium-range drones. They offer the advantage of
    quieter operation compared to turbo engine
    drones, although recharging the lithium-ion
    batteries can be time-consuming. Hydrogen-powered
    military drones, on the other hand, provide
    electric propulsion, enabling extended flight
  • Speed is a critical factor, and the subsonic
    segment, particularly the lt100 Km/hr and 100300
    Km/hr categories, is set to take the lead. These
    drones cater to a range of needs, from small ISR
    drones to medium endurance, low to medium-range
    drones. The demand for tactical drones for ISR
    applications is expected to drive growth in
    the 100300 Km/hr segment. Furthermore, drones
    with a subsonic speed exceeding 300 Km/hr are
    high-endurance, medium to long-range, high-speed
    drones, and their demand is on the rise.

The Asia Pacific region emerges as a high-growth
potential market for military drones. With
robust technology and innovation leadership,
countries like China, Malaysia, South Korea, and
India are heavily investing in military drone
development. China, renowned for its
technological prowess, houses prominent military
drone and component manufacturers. The research
teams in China are at the forefront of launching
cutting-edge military drones, a testament to the
region's commitment to technological
advancement. Key Market Players Major players
shaping this market include Northrop Grumman
Corporation, Raytheon Technologies Corporation,
Israel Aerospace Industries Ltd., General
Atomics Aeronautical Systems (GA-ASI), and
Teledyne FLIR LLC, among others. Ask for Sample
Report _at_ https//
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