Lockheed Martin (U.S.), AeroVironment (U.S.), Israel Aerospace Industries (Israel), BAE Systems (U.K.), General Atomics Aeronautical Systems (U.S.), AAI Corporation – Textron Systems (U.S.), Northrop Grumman (U.S.), American Dynamics (U.S.), Aeryon Labs Inc. (Canada), and Boeing (U.S.) are some well-known players that are functioning in the military drone market as profiled by MRFR.
Market Research Future (MRFR), analyses different forces that are responsible for the Military drones market 2020 rise across the study span 2017 -2021. The impact analysis of COVID 19 outbreak on the military drone are illustrated in the report. As per MRFR assessment, the increase in the application of unmanned aircraft systems by military agencies to protect borders, combat missions, and enforce law is observed as the chief factor that is observed to support the expansion of the military drone market through the review period. The increase in ground-based controller for effective communication system to establish proper security across borders can promote the expansion of the market in the years ahead.
The flight of drones can be operated with multiple degrees of autonomy. It can be access either remotely or autonomously. The ease of accessing military drones, along with simple maintenance and operational procedures can support the rise of the military drone market in the coming years. In addition, the availability of military tactical expertise can cast significant positive impact on the market. The rise in number of search and rescue cases can prompt the market growth. The rise of the military drone market can be credited to applications of military drone for supporting armed service, traffic monitoring, and intelligence missions.
Global Military Drone Market Segmentation
The segment assessment of the military drone global market is done by drone type, payload type, and applications.
The Payload Type based segment of the military drone market are Camera, Sensors, and Navigation Systems among Others. The sensor segment can win substantial profit for the military drone market.
The Drone Type based segments of the military drone market are HALE, MALE, UCAV, TUAV, and SUAV among others. The HALE segment is expected to thrive at high pace in the approaching years, reveals MRFR analysis.
The Applications based segments of the military drone market are Search and Rescue, Spying, Combat, and Border Security among others. The surge in border security use of military drone can bolster the market rise.
Global Military Drone Market: Regional Analysis
The intensifying border tensions in certain APAC regions, such as India and China is gaining international attention. The increased demand for border security is observed to heavily adopt military drones. The surge in deployment of military drones can boost the market in APAC in the years ahead. In North America, the growing case of communal disturbances is creating requirement for military drone, which is observed to increase the adoption of military drones by security and defence bodies of the region. Hence, the growing defense applications of military drones can support the rise of North America market, headed by the US. Borders protection, law enforcement, and combat missions are well-known uses of military drones that is observed to gain high popularity, which, in turn, can support the expansion of the market in the years ahead. The pent-up demand for unmanned aerial vehicle (UAV) can also contribute to the regional expansion of the military drones market across the review period. In Europe, surge in defense budget and increase in procurement of drones, along with the growing popularity of battery technology can support the expansion of EU military drone market growth through the review period.