Report Description

The global military drone market is anticipated to grow at an impressive CAGR in the forecast period, 2023-2027. The growing popularity of unmanned aerial vehicles in the defense forces owing to their massive military applications such as surveying and mapping, monitoring, and combat operations are the primary factors driving the demand for the global military drone market. Also, the rise in the defense expenditure and allocation of huge funds for research and development activities to improve the performance of military drones are expected to create new growth avenues for the global military drone market in the next five years.

Increased Demand for Unmanned Aerial Vehicles Drives the Market Demand

Military forces have started to use unmanned aerial vehicles for different applications such as border security, crime control, conduct insurgency, threat detection and identification of risk-prone areas, crowd monitoring, and disaster management, amongst others. They are a cost-effective option for defense forces instead of hiring defense personnel. Military drones are becoming a necessity in modern-day warfare. Drones can be used to provide logistics support to soldiers who are either on the battlefield or inaccessible areas. Drones are capable of carrying heavy weapons, thousands of kilos of ammo, and even missiles. Military drones can provide real-time updates from remote locations or warzones that helps the authorities to make informed decisions. Military drones are highly precise and can carry lots of payloads and fly for hours. Drones can also be used to monitor and in surveillance activities, preventing soldiers from patrol in difficult situations. Many companies are developing drones, such as Paras Defense & Space Tech is heavily focused on drones. In 2021, it partnered with High Lander, which provides end-to-end solutions for the management of autonomous drone fleets. The availability of advanced drones in the market is expected to bolster the demand for the global military aircraft market over the forecast period.

Growing Military Spending Propels the Market Demand

Countries have increased their spending on the procurement of advanced technologies, weapons, and equipment to secure their borders. There is a rise in cross-border conflicts, domestic disputes, and terrorism activities, making the government authorities strengthen their armed forces. Countries increase their defense expenditure based on their financial power, political scenario, internal, external, and geostrategic situation, and economic condition. Military expenditure is crucial for operations, maintenance, research and development activities, and procurement of the latest weapons, equipment, and technologies. The changing warfare techniques are accelerating the adoption of advanced technologies in weapons and equipment. Based on the report by Stockholm International Peace Research Institute (SIPRI), the defense expenditure was $2113 billion in 2021, and the top defense spender countries were the United States, China, India, the United Kingdom, and Russia. The increased defense expenditure is expected to increase the global military drone market share in the next five years.


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Market Segmentation

Global military drone market segmentation is done on the basis of product type, technology, altitude, range, weight, regional distribution, and competitive landscape. Based on product, the market is divided into fixed wing, rotary wing, and hybrid. Based on technology, the market is divided into remotely operated drones, semi-autonomous drone, and autonomous drone. Based on altitude, the market is divided into HALE, MALE, and LALE. Based on range, the market is divided into visual line of sight (VLOS), extended visual line of sight (EVLOS), beyond line of sight (BLOS). Based on weight, the market is divided into below 500 kg, 500-1000 kg, 1000- 2000 kg, and above 2000 kg. To analyze the market based on the region, the global military drone market is studied in major regions namely North America, Asia-pacific, Europe & CIS, South America, Middle East and Africa. In terms of country, the United States is anticipated to be a lucrative market in the forecast period due to its high defense expenditure and allocation of huge funds for research and development activities.

Market Players

Northrop Grumman Corporation, Elbit Systems Ltd., Israel Aerospace Industries, AeroVironment, Inc., Lockheed Martin Corporation, The Boeing Company, Thales Group, Textron Inc., Raytheon Technologies Corporation, BAE Systems plc, are the major market players operating in the global military drone market.

Attribute

Details

Base Year

2021

Historic Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Product Type

·         Technology

·         Altitude

·         Range

·         Weight

Regional scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; China, India, Japan, Thailand, Indonesia, Australia, South Korea; Germany, France, United Kingdom, Spain, Italy, Netherlands, Russia, Poland; Brazil, Argentina; Saudi Arabia, Iran, Israel, UAE, Turkey

Key companies profiled

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

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global military drone market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Military Drone Market, By Product Type:
    • Fixed Wing
    • Rotary Wing
    • Hybrid
  • Military Drone Market, By Technology:
    • Remotely Operated Drones
    • Semi-Autonomous Drone
    • Autonomous Drone
  • Military Drone Market, By Altitude:
    • HALE
    • MALE
    • LALE
  • Military Drone Market, By Range:
    • Visual Line of Sight (VLOS)
    • Extended Visual Line of Sight (EVLOS)
    • Beyond Line of Sight (BLOS)
  • Military Drone Market, By Weight:
    • Below 500 kg
    • 500-1000 kg
    • 1000- 2000 kg
    • Above 2000 kg
  • Military Drone Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Asia-Pacific
      • China
      • India
      • Japan
      • Thailand
      • Indonesia
      • Australia
      • South Korea
    • Europe & CIS
      • Germany
      • France
      • United Kingdom
      • Spain
      • Italy
      • Netherlands
      • Russia
      • Poland
    • South America
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • Iran
      • Israel
      • UAE
      • Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global military drone market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Global military drone market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected] 

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Global Military Drone Market

5.    Global Military Drone Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value & Volume

5.2.  Market Share & Forecast

5.2.1.     By Product Type (Fixed Wing, Rotary Wing, Hybrid)

5.2.2.     By Technology (Remotely Operated Drones, Semi-Autonomous Drone, Autonomous Drone)

5.2.3.     By Altitude (HALE, MALE, LALE)

5.2.4.     By Range (Visual Line of Sight (VLOS), Extended Visual Line of Sight (EVLOS), Beyond Line of Sight (BLOS))

5.2.5.     By Weight (Below 500 kg, 500-1000 kg, 1000- 2000 kg, Above 2000 kg)

5.2.6.     By Region (North America; Europe; Asia Pacific; South America and Middle East & Africa)

5.2.7.     By Company (2021)

5.3.  Product Market Map (By Product Type, By Region)

6.    North America Military Drone Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Product Type

6.2.2.     By Technology

6.2.3.     By Altitude

6.2.4.     Range

6.2.5.     Weight

6.2.6.     By Country (United States; Canada; Mexico)

6.3.  Product Market Map (By Product Type, By Country)

6.4.  North America: Country Analysis

6.4.1.     United States Military Drone Market Outlook

6.4.1.1.         Market Size & Forecast

6.4.1.1.1.             By Value & Volume

6.4.1.2.         Market Share & Forecast

6.4.1.2.1.             By Product Type

6.4.1.2.2.             By Technology

6.4.1.2.3.             By Altitude

6.4.1.2.4.             Range

6.4.1.2.5.             Weight

6.4.2.     Canada Military Drone Market Outlook

6.4.2.1.         Market Size & Forecast

6.4.2.1.1.             By Value & Volume

6.4.2.2.         Market Share & Forecast

6.4.2.2.1.             By Product Type

6.4.2.2.2.             By Technology

6.4.2.2.3.             By Altitude

6.4.2.2.4.             Range

6.4.2.2.5.             Weight

6.4.3.     Mexico Military Drone Market Outlook

6.4.3.1.         Market Size & Forecast

6.4.3.1.1.             By Value & Volume

6.4.3.2.         Market Share & Forecast

6.4.3.2.1.             By Product Type

6.4.3.2.2.             By Technology

6.4.3.2.3.             By Altitude

6.4.3.2.4.             Range

6.4.3.2.5.             Weight

7.    Asia Pacific Military Drone Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Product Type

7.2.2.     By Technology

7.2.3.     By Altitude

7.2.4.     Range

7.2.5.     Weight

7.2.6.     By Country (China, India, Japan, Thailand, Indonesia, Australia, South Korea)

7.2.7.     Product Market Map (By Product Type, By Country)

7.3.  Asia Pacific: Country Analysis

7.3.1.     China Military Drone Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value & Volume

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Product Type

7.3.1.2.2.             By Technology

7.3.1.2.3.             By Altitude

7.3.1.2.4.             Range

7.3.1.2.5.             Weight

7.3.2.     India Military Drone Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value & Volume

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Product Type

7.3.2.2.2.             By Technology

7.3.2.2.3.             By Altitude

7.3.2.2.4.             Range

7.3.2.2.5.             Weight

7.3.3.     Japan Military Drone Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value & Volume

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Product Type

7.3.3.2.2.             By Technology

7.3.3.2.3.             By Altitude

7.3.3.2.4.             Range

7.3.3.2.5.             Weight

7.3.4.     Thailand Military Drone Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value & Volume

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Product Type

7.3.4.2.2.             By Technology

7.3.4.2.3.             By Altitude

7.3.4.2.4.             Range

7.3.4.2.5.             Weight

7.3.5.     Indonesia Military Drone Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value & Volume

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Product Type

7.3.5.2.2.             By Technology

7.3.5.2.3.             By Altitude

7.3.5.2.4.             Range

7.3.5.2.5.             Weight

7.3.6.     Australia Military Drone Market Outlook

7.3.6.1.         Market Size & Forecast

7.3.6.1.1.             By Value & Volume

7.3.6.2.         Market Share & Forecast

7.3.6.2.1.             By Product Type

7.3.6.2.2.             By Technology

7.3.6.2.3.             By Altitude

7.3.6.2.4.             Range

7.3.6.2.5.             Weight

7.3.7.     South Korea Military Drone Market Outlook

7.3.7.1.         Market Size & Forecast

7.3.7.1.1.             By Value & Volume

7.3.7.2.         Market Share & Forecast

7.3.7.2.1.             By Product Type

7.3.7.2.2.             By Technology

7.3.7.2.3.             By Altitude

7.3.7.2.4.             Range

7.3.7.2.5.             Weight

8.    Europe & CIS Military Drone Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Product Type

8.2.2.     By Technology

8.2.3.     By Altitude

8.2.4.     Range

8.2.5.     Weight

8.2.6.     By Country (Germany, France, United Kingdom, Spain, Italy, Netherlands, Russia, Poland)

8.3.  Product Market Map (By Product Type, By Country)

8.4.  Europe & CIS: Country Analysis

8.4.1.     Germany Military Drone Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value & Volume

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By Product Type

8.4.1.2.2.             By Technology

8.4.1.2.3.             By Altitude

8.4.1.2.4.             Range

8.4.1.2.5.             Weight

8.4.2.     France Military Drone Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value & Volume

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By Product Type

8.4.2.2.2.             By Technology

8.4.2.2.3.             By Altitude

8.4.2.2.4.             Range

8.4.2.2.5.             Weight

8.4.3.     United Kingdom Military Drone Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value & Volume

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By Product Type

8.4.3.2.2.             By Technology

8.4.3.2.3.             By Altitude

8.4.3.2.4.             Range

8.4.3.2.5.             Weight

8.4.4.     Spain Military Drone Market Outlook

8.4.4.1.         Market Size & Forecast

8.4.4.1.1.             By Value & Volume

8.4.4.2.         Market Share & Forecast

8.4.4.2.1.             By Product Type

8.4.4.2.2.             By Technology

8.4.4.2.3.             By Altitude

8.4.4.2.4.             Range

8.4.4.2.5.             Weight

8.4.5.     Italy Military Drone Market Outlook

8.4.5.1.         Market Size & Forecast

8.4.5.1.1.             By Value & Volume

8.4.5.2.         Market Share & Forecast

8.4.5.2.1.             By Product Type

8.4.5.2.2.             By Technology

8.4.5.2.3.             By Altitude

8.4.5.2.4.             Range

8.4.5.2.5.             Weight

8.4.6.     Netherlands Military Drone Market Outlook

8.4.6.1.         Market Size & Forecast

8.4.6.1.1.             By Value & Volume

8.4.6.2.         Market Share & Forecast

8.4.6.2.1.             By Product Type

8.4.6.2.2.             By Technology

8.4.6.2.3.             By Altitude

8.4.6.2.4.             Range

8.4.6.2.5.             Weight

8.4.7.     Russia Military Drone Market Outlook

8.4.7.1.         Market Size & Forecast

8.4.7.1.1.             By Value & Volume

8.4.7.2.         Market Share & Forecast

8.4.7.2.1.             By Product Type

8.4.7.2.2.             By Technology

8.4.7.2.3.             By Altitude

8.4.7.2.4.             Range

8.4.7.2.5.             Weight

8.4.8.     Poland Military Drone Market Outlook

8.4.8.1.         Market Size & Forecast

8.4.8.1.1.             By Value & Volume

8.4.8.2.         Market Share & Forecast

8.4.8.2.1.             By Product Type

8.4.8.2.2.             By Technology

8.4.8.2.3.             By Altitude

8.4.8.2.4.             Range

8.4.8.2.5.             Weight

9.    South America Military Drone Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Product Type

9.2.2.     By Technology

9.2.3.     By Altitude

9.2.4.     Range

9.2.5.     Weight

9.2.6.     By Country (Brazil, Argentina)

9.3.  Product Market Map (By Product Type, By Country)

9.4.  South America: Country Analysis

9.4.1.     Brazil Military Drone Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value & Volume

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By Product Type

9.4.1.2.2.             By Technology

9.4.1.2.3.             By Altitude

9.4.1.2.4.             Range

9.4.1.2.5.             Weight

9.4.2.     Argentina Military Drone Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Value & Volume

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By Product Type

9.4.2.2.2.             By Technology

9.4.2.2.3.             By Altitude

9.4.2.2.4.             Range

9.4.2.2.5.             Weight

10.  Middle East and Africa Military Drone Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Product Type

10.2.2.  By Technology

10.2.3.  By Altitude

10.2.4.  Range

10.2.5.  Weight

10.2.6.  By Country (Saudi Arabia, Iran, Israel, UAE, Turkey)

10.3.              Product Market Map (By Product Type, By Country)

10.4.              Middle East and Africa: Country Analysis

10.4.1.  Iran Military Drone Market Outlook

10.4.1.1.      Market Size & Forecast

10.4.1.1.1.           By Value & Volume

10.4.1.2.      Market Share & Forecast

10.4.1.2.1.           By Product Type

10.4.1.2.2.           By Technology

10.4.1.2.3.           By Altitude

10.4.1.2.4.           Range

10.4.1.2.5.           Weight

10.4.2.  Saudi Arabia Military Drone Market Outlook

10.4.2.1.      Market Size & Forecast

10.4.2.1.1.           By Value & Volume

10.4.2.2.      Market Share & Forecast

10.4.2.2.1.           By Product Type

10.4.2.2.2.           By Technology

10.4.2.2.3.           By Altitude

10.4.2.2.4.           Range

10.4.2.2.5.           Weight

10.4.3.  UAE Military Drone Market Outlook

10.4.3.1.      Market Size & Forecast

10.4.3.1.1.           By Value & Volume

10.4.3.2.      Market Share & Forecast

10.4.3.2.1.           By Product Type

10.4.3.2.2.           By Technology

10.4.3.2.3.           By Altitude

10.4.3.2.4.           Range

10.4.3.2.5.           Weight

10.4.4.  Israel Military Drone Market Outlook

10.4.4.1.      Market Size & Forecast

10.4.4.1.1.           By Value & Volume

10.4.4.2.      Market Share & Forecast

10.4.4.2.1.           By Product Type

10.4.4.2.2.           By Technology

10.4.4.2.3.           By Altitude

10.4.4.2.4.           Range

10.4.4.2.5.           Weight

10.4.5.  Turkey Military Drone Market Outlook

10.4.5.1.      Market Size & Forecast

10.4.5.1.1.           By Value & Volume

10.4.5.2.      Market Share & Forecast

10.4.5.2.1.           By Product Type

10.4.5.2.2.           By Technology

10.4.5.2.3.           By Altitude

10.4.5.2.4.           Range

10.4.5.2.5.           Weight 

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges

12.  Market Trends and Developments

13.  Competitive Landscape

13.1.              Company Profiles (Partial List of Leading Companies)

13.1.1.          Northrop Grumman Corporation

13.1.2.          Elbit Systems Ltd.

13.1.3.          Israel Aerospace Industries

13.1.4.          AeroVironment, Inc.

13.1.5.          Lockheed Martin Corporation

13.1.6.          The Boeing Company

13.1.7.          Thales Group

13.1.8.          Textron Inc.

13.1.9.          Raytheon Technologies Corporation

13.1.10.        BAE Systems plc

14. Strategic Recommendations

Figures and Tables

Frequently asked questions

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Northrop Grumman Corporation, Elbit Systems Ltd., Israel Aerospace Industries, AeroVironment, Inc., Lockheed Martin Corporation, The Boeing Company, Thales Group, Textron Inc., Raytheon Technologies Corporation, BAE Systems plc are the key players operating in the global military drone market.

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Increased defense expenditure and the growing popularity of unmanned aerial vehicles in the defense forces are driving the demand for the global military drone market.

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The high cost associated with modern systems and advanced electronics may hinder the market growth in the forecast period.

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Based on technology, the market is divided into remotely operated drones, semi-autonomous drone, and autonomous drone. Remotely operated drones are expected to capture the highest market share in the forecast period.

profile

Srishti Verma

Business Consultant
Press Release

Military Drone Market to be dominated by North America region through 2027

Jun, 2022

The rise in government funding for military drones and the growing demand for intelligence, surveillance, and reconnaissance assets among armed forces are expected to drive the demand for the global