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Target Drone Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview: 

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. 

Target Drone Market Trends:

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.

Key Market Segmentation:

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:

  • Line Fit
  • Retro Fit
     

Breakup by Engine Type:

  • Internal Combustion Engine
  • Jet Engine
  • Others
     

Breakup by Mode of Operation:

  • Autonomous
  • Remotely Piloted
     

Breakup by Application:

  • Combat Training
  • Target and Decoy
  • Target Identification
  • Target Acquisition
  • Others
     

Breakup by End Use:

  • Defense
  • Commercial
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
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)

 

Key Questions Answered in This Report:

  • How has the global target drone market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global target drone market?
  • What are the key regional markets?
  • What is the breakup of the market based on the fit type?
  • What is the breakup of the market based on the engine type?
  • What is the breakup of the market based on the mode of operation?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end use?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global target drone market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Target Drone Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Fit Type
    6.1    Line Fit
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Retro Fit
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Engine Type
    7.1    Internal Combustion Engine
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Jet Engine
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Others
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Mode of Operation
    8.1    Autonomous
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Remotely Piloted
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Application
    9.1    Combat Training
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Target and Decoy
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Target Identification
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Target Acquisition
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Others
        9.5.1 Market Trends
        9.5.2 Market Forecast
10    Market Breakup by End Use
    10.1    Defense
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Commercial
        10.2.1 Market Trends
        10.2.2 Market Forecast
11    Market Breakup by Region
    11.1    North America
        11.1.1 United States
           11.1.1.1 Market Trends
           11.1.1.2 Market Forecast
        11.1.2 Canada
           11.1.2.1 Market Trends
           11.1.2.2 Market Forecast
    11.2    Asia-Pacific
        11.2.1 China
           11.2.1.1 Market Trends
           11.2.1.2 Market Forecast
        11.2.2 Japan
           11.2.2.1 Market Trends
           11.2.2.2 Market Forecast
        11.2.3 India
           11.2.3.1 Market Trends
           11.2.3.2 Market Forecast
        11.2.4 South Korea
           11.2.4.1 Market Trends
           11.2.4.2 Market Forecast
        11.2.5 Australia
           11.2.5.1 Market Trends
           11.2.5.2 Market Forecast
        11.2.6 Indonesia
           11.2.6.1 Market Trends
           11.2.6.2 Market Forecast
        11.2.7 Others
           11.2.7.1 Market Trends
           11.2.7.2 Market Forecast
    11.3    Europe
        11.3.1 Germany
           11.3.1.1 Market Trends
           11.3.1.2 Market Forecast
        11.3.2 France
           11.3.2.1 Market Trends
           11.3.2.2 Market Forecast
        11.3.3 United Kingdom
           11.3.3.1 Market Trends
           11.3.3.2 Market Forecast
        11.3.4 Italy
           11.3.4.1 Market Trends
           11.3.4.2 Market Forecast
        11.3.5 Spain
           11.3.5.1 Market Trends
           11.3.5.2 Market Forecast
        11.3.6 Russia
           11.3.6.1 Market Trends
           11.3.6.2 Market Forecast
        11.3.7 Others
           11.3.7.1 Market Trends
           11.3.7.2 Market Forecast
    11.4    Latin America
        11.4.1 Brazil
           11.4.1.1 Market Trends
           11.4.1.2 Market Forecast
        11.4.2 Mexico
           11.4.2.1 Market Trends
           11.4.2.2 Market Forecast
        11.4.3 Others
           11.4.3.1 Market Trends
           11.4.3.2 Market Forecast
    11.5    Middle East and Africa
        11.5.1 Market Trends
        11.5.2 Market Breakup by Country
        11.5.3 Market Forecast
12    SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13    Value Chain Analysis
14    Porters Five Forces Analysis

    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15    Price Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players
        16.3.1    Air Affairs Australia
           16.3.1.1 Company Overview
           16.3.1.2 Product Portfolio
        16.3.2    Airbus SE
           16.3.2.1 Company Overview
           16.3.2.2 Product Portfolio
           16.3.2.3 Financials
           16.3.2.4 SWOT Analysis
        16.3.3    Denel Dynamics
           16.3.3.1 Company Overview
           16.3.3.2 Product Portfolio
        16.3.4    Embention
           16.3.4.1 Company Overview
           16.3.4.2 Product Portfolio
        16.3.5    Griffon Aerospace
           16.3.5.1 Company Overview
           16.3.5.2 Product Portfolio
        16.3.6    Kratos Defense & Security Solutions Inc.
           16.3.6.1 Company Overview
           16.3.6.2 Product Portfolio
           16.3.6.3 Financials
        16.3.7    Leonardo S.p.A.
           16.3.7.1 Company Overview
           16.3.7.2 Product Portfolio
           16.3.7.3 Financials
           16.3.7.4 SWOT Analysis
        16.3.8    Lockheed Martin Corporation
           16.3.8.1 Company Overview
           16.3.8.2 Product Portfolio
           16.3.8.3 Financials
           16.3.8.4 SWOT Analysis
        16.3.9    Northrop Grumman Corporation
           16.3.9.1 Company Overview
           16.3.9.2 Product Portfolio
           16.3.9.3 Financials
           16.3.9.4 SWOT Analysis
        16.3.10    QinetiQ
           16.3.10.1 Company Overview
           16.3.10.2 Product Portfolio
           16.3.10.3 Financials
        16.3.11    Saab AB
           16.3.11.1 Company Overview
           16.3.11.2 Product Portfolio
           16.3.11.3 Financials
           16.3.11.4 SWOT Analysis

List of Figures

Figure 1: Global: Target Drone Market: Major Drivers and Challenges
Figure 2: Global: Target Drone Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Target Drone Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Target Drone Market: Breakup by Fit Type (in %), 2021
Figure 5: Global: Target Drone Market: Breakup by Engine Type (in %), 2021
Figure 6: Global: Target Drone Market: Breakup by Mode of Operation (in %), 2021
Figure 7: Global: Target Drone Market: Breakup by Application (in %), 2021
Figure 8: Global: Target Drone Market: Breakup by End Use (in %), 2021
Figure 9: Global: Target Drone Market: Breakup by Region (in %), 2021
Figure 10: Global: Target Drone (Line Fit) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Target Drone (Line Fit) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Target Drone (Retro Fit) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Target Drone (Retro Fit) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Target Drone (Internal Combustion Engine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Target Drone (Internal Combustion Engine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Target Drone (Jet Engine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Target Drone (Jet Engine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Target Drone (Other Engine Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Target Drone (Other Engine Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Target Drone (Autonomous) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Target Drone (Autonomous) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Target Drone (Remotely Piloted) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Target Drone (Remotely Piloted) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Target Drone (Combat Training) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Target Drone (Combat Training) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Target Drone (Target and Decoy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Target Drone (Target and Decoy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Target Drone (Target Identification) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Target Drone (Target Identification) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Target Drone (Target Acquisition) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Target Drone (Target Acquisition) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Target Drone (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Target Drone (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Target Drone (Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Target Drone (Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Target Drone (Commercial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Target Drone (Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: North America: Target Drone Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: North America: Target Drone Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: United States: Target Drone Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: United States: Target Drone Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Canada: Target Drone Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Canada: Target Drone Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Asia-Pacific: Target Drone Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Asia-Pacific: Target Drone Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: China: Target Drone Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: China: Target Drone Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Japan: Target Drone Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Japan: Target Drone Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: India: Target Drone Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: India: Target Drone Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: South Korea: Target Drone Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: South Korea: Target Drone Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Australia: Target Drone Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Australia: Target Drone Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Indonesia: Target Drone Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Indonesia: Target Drone Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Others: Target Drone Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Others: Target Drone Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Europe: Target Drone Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Europe: Target Drone Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Germany: Target Drone Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Germany: Target Drone Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: France: Target Drone Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: France: Target Drone Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: United Kingdom: Target Drone Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: United Kingdom: Target Drone Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Italy: Target Drone Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Italy: Target Drone Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Spain: Target Drone Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Spain: Target Drone Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Russia: Target Drone Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Russia: Target Drone Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Others: Target Drone Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Others: Target Drone Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Latin America: Target Drone Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Latin America: Target Drone Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Brazil: Target Drone Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Brazil: Target Drone Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Mexico: Target Drone Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Mexico: Target Drone Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Others: Target Drone Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Others: Target Drone Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Middle East and Africa: Target Drone Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Middle East and Africa: Target Drone Market: Breakup by Country (in %), 2021
Figure 86: Middle East and Africa: Target Drone Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Global: Target Drone Industry: SWOT Analysis
Figure 88: Global: Target Drone Industry: Value Chain Analysis
Figure 89: Global: Target Drone Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Target Drone Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Target Drone Market Forecast: Breakup by Fit Type (in Million US$), 2022-2027
Table 3: Global: Target Drone Market Forecast: Breakup by Engine Type (in Million US$), 2022-2027
Table 4: Global: Target Drone Market Forecast: Breakup by Mode of Operation (in Million US$), 2022-2027
Table 5: Global: Target Drone Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 6: Global: Target Drone Market Forecast: Breakup by End Use (in Million US$), 2022-2027
Table 7: Global: Target Drone Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 8: Global: Target Drone Market: Competitive Structure
Table 9: Global: Target Drone Market: Key Players


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