Global Military Drone Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2024-2030

Military Drone Market

The global Military Drone market is projected to reach US$ 17270 million by 2030 from an estimated US$ 11770 million in 2024, at a CAGR of 6.6% during 2024 and 2030.

The rising investments in UAVs along with the growing number of terror activities, and border disputes will fuel the demand for the market in the coming years.

Military Drone 

Military drone is an aircraft that does not require human pilot onboard, and is mainly used for military purposes.

Trends Influencing Military Drone Market

Increasing application of UAVs

The defense sector utilizes drones in various ways. It can be used as a combat machine for precision targeting with the highest impact. UAVs are used as target decoys, for surveillance, search and rescue operations. Technology plays a crucial role in figuring out the enemy’s habitat and launching dedicated attacks on unsuspecting criminals. Drones come packed with infrared electro-optic high-resolution cameras for tracking stationary and moving targets. This ultimately helps in enhanced situational awareness and tracking of potential threats. These factors will propel the growth of the military drone market during the forecasted period.

Rise of automation

AI and machine learning integration will provide exciting opportunities in the future. As drones have entered every sector including land, sea, and air easy communication and faster decision making without any human intervention are possible. The smart unmanned systems can also help in offloading mundane repetitive tasks to machines thereby freeing humans from non-essential tasks. Moreover, multiple drones can help map an entire area, help in the search, patrolling and self navigate through tough terrains or direct enemy attacks. The ongoing developments will be a significant factor in driving the growth of the military drone market in the coming years. 

Increasing terrorism and insurgency activities

Countries around the world are investing heavily in specialized military drone programs. Covert drone warfares are gaining prominence. Electronic warfare and counter-UAV systems are being tested out. The rising territorial conflicts and border disputes have necessitated the need for unmanned aerial vehicles. This will drive the growth of the military drone market during the review period.

Military Drone Market Share

Northrop Grumman is the leading manufacturer in the global military drone market with the market share of about 34.5%.

Based on type, the fixed-wing segment will dominate in the military drone market share due to premium structure quality aiding in long-distance missions for surveillance.

Based on region, North America is expected to drive growth in the military drone market share owing to factors such as the presence of big players and rapid advancements in the US army.

Military Drone Market Insights

In terms of production side, this report researches the Military Drone capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.

In terms of sales side, this report focuses on the sales of Military Drone by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.

Military Drone Market Segment and Scope

The authors of this research report have explored the key segments: Type and Application. The report offers an in-depth breakdown of type and application segments and their sub-segments. The lucrativeness and growth potential have been looked into by the industry experts in this report. This section of the report also provides sales and revenue forecast data by type and application segments based on sales, price, and revenue for the period 2017-2028. The specialists, to broaden the understanding of the users, have done value chain and raw material analysis in this section.

Military Drone Market Segment By Type

• Fixed Wing
• Rotary Wing

Military Drone Market Segment By Application

• Search and Rescue
• National Defense
• Military Exercises
• Others

Consequence of Covid-19 Pandemic

The authors of this study have enlightened the readers on the rise and effect of the Covid-19 outbreak on the development. They have investigated the changes brought about in the demand/supply side, consumption, supply chain, and production/manufacturing. The readers will get familiar with the measures that have helped the key players to bring the Military Drone market back to the pre-covid levels.

Trends & Prospects

In this segment of the report, the specialists have delved into the key growth opportunities that are likely to emerge. This will aid the key players to simplify complex issues related to business and frame future strategies to compete in this competitive environment. This section will certainly assist the players to boldly position their business.

Production by Region

• North America
• Europe
• China
• Japan
• Southeast Asia
• India
• Central & South America
• Middle East

Consumption by Region

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• Taiwan
• Indonesia
• Thailand
• Malaysia
• Philippines
• Vietnam
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE

Competitive Outlook

In this section of the report, the researchers have done a comprehensive analysis of the prominent players operating and the strategies they are focusing on to combat the intense competition. Company profiles and share analysis of the prominent players are also provided in this section. They have also provided reliable sales and revenue data of the manufacturers for the period 2017-2022. With the assistance of this report, key players, stakeholders, and other participants will be able to stay abreast of the recent and upcoming developments in the business, further enabling them to make efficient choices.

Mentioned below are the prime players taken into account in this research report:

• Northrop Grumman
• General Atomics
• Lockheed Martin
• Textron
• Boeing
• Airbus
• IAI
• AVIC
• CASC
• Thales Group
• AeroVironment