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The global target drone market size reached US$ 4.75 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7.07 Billion by 2027, exhibiting a growth rate (CAGR) of 6.50% during 2022-2027.
A target drone, also known as an unmanned aerial target (UAT), is an autonomous or remotely piloted aerial vehicle used as a shooting target during military exercises and weapon testing. It can simulate aerial, ground, and sea targets by imitating unmanned aerial vehicles (UAVs), cruise missiles, and enemy tactical aircraft. Target drone is widely used to develop and test military systems, train military crew on threat identification, conduct counter-artillery operations, and perform destruction tests on decoys that simulate the behavior of real threats. It is a cost-effective solution that assists in the battle preparation of defense forces by improving the reliability and performance of various weapons, training, and roles.
The increasing emphasis on enhanced military training across the globe is creating a positive outlook for the market. Target drone is widely used to replicate the most challenging defense scenarios, such as air strikes, asymmetric threats, missile engagements, fighter aircraft, split target scenarios, and fast incoming attack crafts (FIAC). Furthermore, increasing product adoption due to rising defense expenditure on the procurement of modern defense systems is providing an impetus to the market growth. Additionally, the introduction of supersonic target drones for applications in electronic assaults, electronic support, decoy missions, and training surface warship crew to detect and defeat incoming supersonic anti-ship missiles is facilitating the market growth. In line with this, emerging trends of full-scale conversion of retired fighter aircraft into target drones for replicating real-time war scenarios are acting as another growth-inducing factor. Moreover, increasing product utilization to provide necessary training to security forces for countering cross-border terrorism, drone attacks, and smuggling activities are providing a considerable boost to the market growth. Other factors, including surging territorial conflicts between several countries, extensive research and development (R&D) activities, and implementation of various government initiatives to manufacture drones to safeguard borders and people from evolving nature of threats, are anticipated to drive the market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global target drone market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on fit type, engine type, mode of operation, application and end use.
Breakup by Fit Type:
Breakup by Engine Type:
Breakup by Mode of Operation:
Breakup by Application:
Breakup by End Use:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Air Affairs Australia, Airbus SE, Denel Dynamics, Embention, Griffon Aerospace, Kratos Defense & Security Solutions Inc., Leonardo S.p.A., Lockheed Martin Corporation, Northrop Grumman Corporation, QinetiQ and Saab AB.
|Base Year of the Analysis||2021|
|Segment Coverage||Fit Type, Engine Type, Mode of Operation, Application, End Use, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Air Affairs Australia, Airbus SE, Denel Dynamics, Embention, Griffon Aerospace, Kratos Defense & Security Solutions Inc., Leonardo S.p.A., Lockheed Martin Corporation, Northrop Grumman Corporation, QinetiQ and Saab AB.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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