Military Drone Market on Track for 12.21% CAGR Growth | Demand & Technological Trends

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The Global Military Drone Market size was valued at around USD 20.21 billion in 2023 and is estimated to grow at a CAGR of around 12.21% during the forecast period, i.e., 2025-30.

MarkNtel Advisors recently published a detailed industry analysis of the Global Military Drone Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Global Military Drone Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

The Military Drone Market size was valued at around USD 20.21 billion in 2023 and is estimated to grow at a CAGR of around 12.21% during the forecast period, i.e., 2025-30. 

Key Findings in Global Military Drone Market:

  • Historical Analysis: 2020–2023
  • Base Year: 2024
  • Forecast Period: 2025–2030

Leading Market Players- Aero Sentinel, General Atomics Aeronautical Systems, Inc., Elbit Systems Ltd., Isreal Aerospace Industries Ltd., Aerovironment, Inc., Lockheed Martin Corporation, Thales Group, Boeing, Bae Systems, Textron Systems, Shield AI Inc., Asteria Aerospace Ltd., and Others

Key Highlights of the Report

  • Market Dimensions & Projections
  • Pricing Evaluation,
  • Recent Strategic Moves by Companies,
  • Primary Stakeholders,
  • Analysis of Import and Export Trends,
  • Competitive Landscape Assessment,
  • Emerging Opportunities,
  • Market Trends and Indicators

What are the major Driver the Global Military Drone industry?

Growing Demand for Unmanned Systems to Strengthen the Market's Outlook – The rise in popularity of unmanned systems, including military drones, stems from their capability to operate in hazardous environments while mitigating risks to military personnel. These systems offer persistent surveillance, reconnaissance, and strike capabilities, making them invaluable assets for military operations. In the context of modern warfare, characterized by asymmetric conflicts requiring a flexible & adaptable approach, the utilization of unmanned systems holds particular significance.

Military drones, equipped with an array of sensors, cameras, and advanced technologies, are versatile in performing diverse missions, ranging from intelligence gathering to target acquisition & strike operations. Consequently, there has been a significant surge in demand for military drones, prompting numerous countries to invest in the development & deployment of these systems, further driving the Military Drone Market.

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What segments define the Global Military Drone Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?

By Platform

    • Small- Market Size & Forecast 2020-2030F, USD Million
      • Nano- Market Size & Forecast 2020-2030F, USD Million
      • Micro- Market Size & Forecast 2020-2030F, USD Million
      • Mini- Market Size & Forecast 2020-2030F, USD Million
    • Tactical- Market Size & Forecast 2020-2030F, USD Million
      • Close Range- Market Size & Forecast 2020-2030F, USD Million
      • Short Range- Market Size & Forecast 2020-2030F, USD Million
      • Medium Range- Market Size & Forecast 2020-2030F, USD Million
      • Long Range- Market Size & Forecast 2020-2030F, USD Million
    • Strategic- Market Size & Forecast 2020-2030F, USD Million

By Speed

    • Subsonic- Market Size & Forecast 2020-2030F, USD Million
      • <100 Km/hr- Market Size & Forecast 2020-2030F, USD Million
      • 100- 300 Km/hr- Market Size & Forecast 2020-2030F, USD Million
      • >300 Km/ hr- Market Size & Forecast 2020-2030F, USD Million
    • Supersonic- Market Size & Forecast 2020-2030F, USD Million

By Product Type

    • Fixed Wing- Market Size & Forecast 2020-2030F, USD Million
    • Rotary Wing- Market Size & Forecast 2020-2030F, USD Million
    • Hybrid- Market Size & Forecast 2020-2030F, USD Million

According to report, The Fixed Wing segment held the largest share of the Military Drone Market as of 2022 and is expected to maintain its dominance throughout the forecast period.

By Technology

    • Remotely Piloted- Market Size & Forecast 2020-2030F, USD Million
    • Semi-Autonomous Piloted- Market Size & Forecast 2020-2030F, USD Million
    • Fully Autonomous- Market Size & Forecast 2020-2030F, USD Million

By Range

    • Visual Line of Sight (VLOS)- Market Size & Forecast 2020-2030F, USD Million
    • Extended Visual Line of Sight (EVLOS)- Market Size & Forecast 2020-2030F, USD Million
    • Beyond Line of Sight (BLOS)- Market Size & Forecast 2020-2030F, USD Million

According to report, The Extended Visual Line of Sight (EVLOS) segment is expected to account for the dominating share of the Military Drone Market throughout the forecast period. 

By Propulsion

    • Turbo Engine- Market Size & Forecast 2020-2030F, USD Million
    • Piston Engine- Market Size & Forecast 2020-2030F, USD Million
    • Battery- Market Size & Forecast 2020-2030F, USD Million

By Application

    • Intelligence Surveillance Reconnaissance and Targeting (ISRT)- Market Size & Forecast 2020-2030F, USD Million
    • Combat Operations- Market Size & Forecast 2020-2030F, USD Million
    • Battle Management- Market Size & Forecast 2020-2030F, USD Million
    • Logistics & Transportation- Market Size & Forecast 2020-2030F, USD Million

Explore the Complete Global Military Drone Market Analysis Report – https://www.marknteladvisors.com/research-library/military-drone-market.html

Geographical Analysis: Global Military Drone Market

 By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

The Global Military Drone Industry Recent Development:

  • 2024: Shield AI announced its participation in the U.S. Department of Defense's new Advanced Aircraft Infrastructure-Less Launch And Recovery (ANCILLARY) program, which is focused on developing next-generation vertical take-off and landing (VTOL) drones that can operate without the need for large mechanical launchers or specialized landing equipment
  • 2024: Israel Aerospace Industries (IAI) and Aerotor Unmanned Systems signed a Memorandum of Understanding (MOU) aimed at strengthening their commercial cooperation and advancing the development of next-generation drone systems for tactical military missions across land, sea, and air domains. The agreement specifically focuses on the engineering, integration, and global marketing of Aerotor’s Apus multicopter, which is distinguished by its innovative heavy-fuel propulsion system.
  • 2024: Thales Group introduced OpenDRobotics, an advanced solution designed to enhance collaborative combat by integrating robotics technologies into unmanned air and ground vehicles. OpenDRobotics leverages artificial intelligence (AI) to provide armed forces with a human-in-the-loop mission capability, enabling operators to supervise and control large numbers of autonomous drones and robotic systems while significantly reducing their cognitive load.

Key Questions Addressed in This Study

  • What are the primary factors driving the growth of the Global Military Drone Market?
  • How is the Global Military Drone Market expected to evolve over the next five years?
  • What key insights can be drawn from current trends shaping the market?
  • What is the current market size, and how is it forecasted to change in the coming years?
  • What is the future outlook for the market in terms of technological innovation and geographic expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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