The global military drones market size is expected to reach USD 35.71 Billion at a steady CAGR of 10.9% in 2028, according to latest analysis by Emergen Research. Steady revenue growth of the military drones market can be attributed to increasing need for deployment of drones for intelligence, surveillance, and reconnaissance operations. Military drones are widely used for providing real-time tracking of enemy activities and their positions in combat zones. The intelligence gathered through intelligence, surveillance, and reconnaissance provides keen military-edge to soldiers and considerably increases mission success rates. Drones play a crucial role in executing advanced-level military tactics that are essential to improve a country’s security and sovereignty. Military drones find application in surveillance and creating 3D maps of large areas in a short time span, especially at high altitudes, to enhance the geographical and situational awareness of military personnel by offering fast target detection, recognition, profiling, and precise geo-tagging.

The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in R&D activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.

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Competitive Outlook: The leading companies operating in the Military Drones market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Military Drones Market and Profiled in the Report are:

Lockheed Martin Corporation, Thales Group, Northrop Grumman, BAE Systems, the Boeing Company, Israel Aerospace Industries, Raytheon Technologies Corporation, Elbit Systems Ltd., Textron Inc., and AeroVironment Inc

Objectives of the Report:

Study of the global Military Drones market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Military Drones market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Military Drones market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Military Drones market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

• Wing Type Outlook (Revenue, USD Billion; 2018–2028)

  • Fixed-wing
  • Rotary-wing
  • Hybrid

• Range Outlook (Revenue, USD Billion; 2018–2028)

  • Visual Line of Sight (VLOS)
  • Extended Visual Line of Sight (EVLOS)
  • Beyond Visual Line of Sight (BVLOS)

• Mode of Launching Outlook (Revenue, USD Billion; 2018–2028)

  • Vertical Takeoff and Landing (VTOL)
  • Catapult Launcher
  • Hand Launched

Regional Segmentation:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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