The report aims at estimating the market size and future growth potential of Military Drone market across different segments such as type, application and geography. The base year considered for the study is 2022, and the market size is forecast from 2023 to 2029.
The global Military Drone market size in 2022 is 14510.0 million US dollars, and it is expected to be XX million US dollars by 2029, with a compound annual growth rate of 11.60% expected in 2023-2029.
MARKET COMPETITIVE LANDSCAPE:
The main players in the Military Drone market include General Atomics Aeronautical Systems Inc. (GA-ASI) (US), Northrop Grumman Corporation (US), Elbit Systems Ltd. (Israel), Israel Aerospace Industries Ltd. (Israel), and AeroVironment Inc. (US). The share of the top 3 players in the Military Drone market is XX%.
REGION SHARE:
The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for XX%, Europe accounted for XX% of Military Drone market, and Asia Pacific accounted for XX%.
SEGMENT OVERVIEW:
The report segments the market by Type and Application. Intelligence accounted for XX% of Military Drone market in 2022. Surveillance share of XX%.
Fixed-wing accounted for XX% of the Military Drone market in 2022. Rotary-wing accounts for XX%.
The research methodology used to estimate and forecast the Military Drone market begins by capturing data on key market player revenues through secondary research. The bottom-up procedure has been employed to arrive at the overall market size, by considering the revenue of key players in the market. After arriving at the overall market size, the total market has been split into several segments and sub-segments, which has been verified through primary research by conducting extensive interviews with key people such as industry experts, executives. This data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for segments and sub-segments.
This report provides the integrated ecosystem of the Military Drone market which offers holistic view of current demand and vendor side market. The research study answers several significant questions, primarily which market segments to focus on in next two to five years to prioritize factors such as resource effort, and investment.
Key Target audience:
Military Drone Manufacturers and Suppliers
Research and Development (R&D) Companies
Business Research and Consulting Service Providers
Research Organizations
Academic Centers and Universities Associations and Industrial Bodies
Technology Investors
Automation in aerospace industry
Automation is currently being used in the aerospace industry to support the productivity of workers and reduce the need to perform repetitive tasks such as drilling and backfilling. However, as the demand for new aircraft continues to exceed the supply of manufacturing, the demand for automation is still great.
Automation can be used to improve safety, productivity and human value. Tools with built-in guidance, user information and better manageability can provide competitive advantages in cost saving and a better working environment. In some cases, dangerous steps can be fully automated to reduce workplace accidents and maintain production deadlines. In these cases, automation provides a control system or computer connected to the program, telling it to perform a series of tasks with little or no human intervention.
Key Regions Covered in This Report Are
North America
United States
Canada
China
Asia Pacific (Excluding China)
Japan
Korea
Southeast Asia
India
Australia
EMEA
Europe
Germany
France
UK
Italy
Russia
Nordic
Middle East
Africa
Latin America
Brazil
Argentina
Mexico
Some of the major players operating in the global market include:
General Atomics Aeronautical Systems Inc. (GA-ASI) (US)
Northrop Grumman Corporation (US)
Elbit Systems Ltd. (Israel)
Israel Aerospace Industries Ltd. (Israel)
AeroVironment Inc. (US)
Lockheed Martin Corporation (US)
Thales Group (France)
Boeing (US)
Segment by Type
Intelligence
Surveillance
Reconnaissance
& Target Acquisition (ISRT)
Delivery & Transportation
Combat Operations
Battle Damage Management
Segment by Application
Fixed-wing
Rotary-wing
Hybrid/Transitional
Table of Content
1 Military Drone Market Introduction and Overview
1.1 Military Drone Definition
1.2 Research Purposes
1.3 Currency Rate
1.4 Report Timeline
1.5 Economic Analysis of Global Regions
1.6 Inflation Analysis
2 Military Drone Business Cost Analysis
2.1 Proportion of Manufacturing Cost Structure
2.1.1 Labor Cost
2.1.2 Operating Expenses
2.2 Military Drone Industrial Chain Analysis
3 Market Competition by Manufacturers
3.1 Global Military Drone Revenue and Market Share by Manufacturer
3.2 Manufacturers Military Drone Production Sites, Area Served, Product Types
3.3 Military Drone Market Competitive Situation and Trends
3.3.1 Military Drone Market Concentration Rate
3.3.2 Global Top 5 and Top 10 Players Market Share by Revenue in 2023
3.3.3 Mergers & Acquisitions, Expansion
4 Players Profiles
4.1 General Atomics Aeronautical Systems Inc. (GA-ASI) (US)
4.1.1 General Atomics Aeronautical Systems Inc. (GA-ASI) (US) Company Profile
4.1.2 Military Drone Product Overview
4.1.3 General Atomics Aeronautical Systems Inc. (GA-ASI) (US) Military Drone Market Performance (2018-2023)
4.1.4 General Atomics Aeronautical Systems Inc. (GA-ASI) (US) Business Overview
4.2 Northrop Grumman Corporation (US)
4.2.1 Northrop Grumman Corporation (US) Company Profile
4.2.2 Military Drone Product Overview
4.2.3 Northrop Grumman Corporation (US) Military Drone Market Performance (2018-2023)
4.2.4 Northrop Grumman Corporation (US) Business Overview
4.3 Elbit Systems Ltd. (Israel)
4.3.1 Elbit Systems Ltd. (Israel) Company Profile
4.3.2 Military Drone Product Overview
4.3.3 Elbit Systems Ltd. (Israel) Military Drone Market Performance (2018-2023)
4.3.4 Elbit Systems Ltd. (Israel) Business Overview
4.4 Israel Aerospace Industries Ltd. (Israel)
4.4.1 Israel Aerospace Industries Ltd. (Israel) Company Profile
4.4.2 Military Drone Product Overview
4.4.3 Israel Aerospace Industries Ltd. (Israel) Military Drone Market Performance (2018-2023)
4.4.4 Israel Aerospace Industries Ltd. (Israel) Business Overview
4.5 AeroVironment Inc. (US)
4.5.1 AeroVironment Inc. (US) Company Profile
4.5.2 Military Drone Product Overview
4.5.3 AeroVironment Inc. (US) Military Drone Market Performance (2018-2023)
4.5.4 AeroVironment Inc. (US) Business Overview
4.6 Lockheed Martin Corporation (US)
4.6.1 Lockheed Martin Corporation (US) Company Profile
4.6.2 Military Drone Product Overview
4.6.3 Lockheed Martin Corporation (US) Military Drone Market Performance (2018-2023)
4.6.4 Lockheed Martin Corporation (US) Business Overview
4.7 Thales Group (France)
4.7.1 Thales Group (France) Company Profile
4.7.2 Military Drone Product Overview
4.7.3 Thales Group (France) Military Drone Market Performance (2018-2023)
4.7.4 Thales Group (France) Business Overview
4.8 Boeing (US)
4.8.1 Boeing (US) Company Profile
4.8.2 Military Drone Product Overview
4.8.3 Boeing (US) Military Drone Market Performance (2018-2023)
4.8.4 Boeing (US) Business Overview
5 Global Military Drone Historical and Forecast Market Analysis by Type
5.1 Market Size Analysis by Types
5.2 Global Military Drone Revenue and Market Share by Type
5.3 Global Military Drone Revenue Market Forecast by Type (2023-2029)
6 Global Military Drone Historical and Forecast Market Analysis by Application
6.1 Market Size Analysis by Application
6.2 Global Military Drone Revenue Market Share by Application (2018-2023)
6.3 Military Drone Revenue Market Forecast by Application (2023-2029)
7 Global Market Growth Trends Analysis
7.1 Global Military Drone Market Size & Forecast (2018-2029)
7.2 Military Drone Growth Trends Analysis by Regions
7.2.1 Military Drone Market Size by Regions: 2018 VS 2023 VS 2029
7.2.2 Military Drone Historic Revenue Market Size by Regions (2018-2023)
7.2.3 Military Drone Forecasted Revenue Market Size by Regions (2023-2029)
7.2.4 North America Military Drone Market Size & Forecast (2018-2029)
7.2.5 EMEA Military Drone Market Size & Forecast (2018-2029)
7.2.6 China Military Drone Market Size & Forecast (2018-2029)
7.2.7 Asia-Pacific (Excluding China) Military Drone Market Size & Forecast (2018-2029)
7.2.8 Latin America Military Drone Market Size & Forecast (2018-2029)
8 North America
8.1 North America Military Drone Revenue by Players
8.2 North America Military Drone Revenue by Types
8.3 North America Military Drone Revenue by Applications
8.4 North America Military Drone Market by Countries
8.4.1 North America Military Drone Revenue by Countries (2018-2029)
8.5 North America SWOT Analysis
8.6 United States
8.7 Canada
9 China
9.1 China Military Drone Revenue by Players
9.2 China Military Drone Revenue by Types
9.3 China Military Drone Revenue by Applications
9.4 China SWOT Analysis
9.5 China
10 Asia Pacific (Excluding China)
10.1 Asia Pacific Military Drone Revenue by Players
10.2 Asia Pacific Military Drone Revenue by Types
10.3 Asia Pacific Military Drone Revenue by Applications
10.4 Asia Pacific Military Drone Market by Countries
10.4.1 Asia Pacific Military Drone Revenue by Countries (2018-2029)
10.5 Asia Pacific SWOT Analysis
10.6 Japan
10.7 Korea
10.8 Southeast Asia
10.9 India
10.10 Australia
11 EMEA
11.1 EMEA Military Drone Revenue by Players
11.2 EMEA Military Drone Revenue by Types
11.3 EMEA Military Drone Revenue by Applications
11.4 EMEA Military Drone Market by Countries
11.4.1 EMEA Military Drone Revenue by Countries (2018-2029)
11.5 EMEA SWOT Analysis
11.6 Europe
11.6.1 Europe Military Drone Revenue by Countries (2018-2029)
11.6.2 Germany
11.6.3 France
11.6.4 UK
11.6.5 Italy
11.6.6 Russia
11.6.7 Nordic
11.7 Middle East
11.8 Africa
12 Latin America
12.1 Latin America Military Drone Revenue by Players
12.2 Latin America Military Drone Revenue by Types
12.3 Latin America Military Drone Revenue by Applications
12.4 Latin America Military Drone Market by Countries
12.4.1 Latin America Military Drone Revenue by Countries (2018-2029)
12.5 Latin America SWOT Analysis
12.6 Brazil
12.7 Argentina
12.8 Mexico
13 Military Drone Industry Dynamic Analysis
13.1 Military Drone Market Trends Analysis
13.2 Military Drone Market Drivers Analysis
13.3 Military Drone Market Challenges Analysis
13.4 Military Drone Market Restraints Analysis
14 Research Findings and Conclusion
List of Tables and Figures
Figure Military Drone Picture
Table Product Definition of Military Drone
Table Economic Analysis of Global Regions
Table Inflation Analysis
Table Labor Cost Analysis
Table Operating Expenses Analysis
Figure Military Drone Industrial Chain Analysis
Table Global Military Drone Revenue ($) by Manufacturer (2018-2023)
Table Global Military Drone Revenue Market Share by Manufacturer (2018-2023)
Figure Global Military Drone Revenue Market Share by Manufacturer in 2023
Table Manufacturers Military Drone Production Sites, Area Served, Product Types
Table Military Drone Market Concentration Rate
Figure Global Top 5 and Top 10 Players Market Share by Revenue in 2023
Table Mergers & Acquisitions, Expansion Plans
Table General Atomics Aeronautical Systems Inc. (GA-ASI) (US) Profile
Table Product Overview
Table General Atomics Aeronautical Systems Inc. (GA-ASI) (US) Military Drone Revenue, Gross and Gross Margin (2018-2023)
Figure General Atomics Aeronautical Systems Inc. (GA-ASI) (US) Revenue and Growth Rate
Figure General Atomics Aeronautical Systems Inc. (GA-ASI) (US) Revenue Market Share 2017-2022
Table Business Overview
Table Northrop Grumman Corporation (US) Profile
Table Product Overview
Table Northrop Grumman Corporation (US) Military Drone Revenue, Gross and Gross Margin (2018-2023)
Figure Northrop Grumman Corporation (US) Revenue and Growth Rate
Figure Northrop Grumman Corporation (US) Revenue Market Share 2017-2022
Table Business Overview
Table Elbit Systems Ltd. (Israel) Profile
Table Product Overview
Table Elbit Systems Ltd. (Israel) Military Drone Revenue, Gross and Gross Margin (2018-2023)
Figure Elbit Systems Ltd. (Israel) Revenue and Growth Rate
Figure Elbit Systems Ltd. (Israel) Revenue Market Share 2017-2022
Table Business Overview
Table Israel Aerospace Industries Ltd. (Israel) Profile
Table Product Overview
Table Israel Aerospace Industries Ltd. (Israel) Military Drone Revenue, Gross and Gross Margin (2018-2023)
Figure Israel Aerospace Industries Ltd. (Israel) Revenue and Growth Rate
Figure Israel Aerospace Industries Ltd. (Israel) Revenue Market Share 2017-2022
Table Business Overview
Table AeroVironment Inc. (US) Profile
Table Product Overview
Table AeroVironment Inc. (US) Military Drone Revenue, Gross and Gross Margin (2018-2023)
Figure AeroVironment Inc. (US) Revenue and Growth Rate
Figure AeroVironment Inc. (US) Revenue Market Share 2017-2022
Table Business Overview
Table Lockheed Martin Corporation (US) Profile
Table Product Overview
Table Lockheed Martin Corporation (US) Military Drone Revenue, Gross and Gross Margin (2018-2023)
Figure Lockheed Martin Corporation (US) Revenue and Growth Rate
Figure Lockheed Martin Corporation (US) Revenue Market Share 2017-2022
Table Business Overview
Table Thales Group (France) Profile
Table Product Overview
Table Thales Group (France) Military Drone Revenue, Gross and Gross Margin (2018-2023)
Figure Thales Group (France) Revenue and Growth Rate
Figure Thales Group (France) Revenue Market Share 2017-2022
Table Business Overview
Table Boeing (US) Profile
Table Product Overview
Table Boeing (US) Military Drone Revenue, Gross and Gross Margin (2018-2023)
Figure Boeing (US) Revenue and Growth Rate
Figure Boeing (US) Revenue Market Share 2017-2022
Table Business Overview
Table Global Military Drone Market Size by Type (2023 VS 2029)
Table Global Military Drone Revenue and Market Size by Type (2018-2023)
Table Global Military Drone Revenue and Market Share by Type (2018-2023)
Table Global Military Drone Revenue Market Size Forecast by Type (2023-2029)
Table Global Military Drone Revenue Market Share Forecast by Type (2023-2029)
Table Global Military Drone Market Size by Application (2023 VS 2029)
Table Global Military Drone Revenue Market Size by Application (2018-2023)
Table Global Military Drone Revenue Market Share by Application (2018-2023)
Table Global Military Drone Revenue Market Size by Application (2023-2029)
Table Global Military Drone Revenue Market Share by Application (2023-2029)
Figure Global Military Drone Revenue Market Size & Forecast (2018-2029)
Table Military Drone Market Size by Regions: 2018 VS 2023 VS 2029
Table Military Drone Historic Revenue Market Size by Regions (2018-2023)
Table Military Drone Historic Revenue Market Share by Regions (2018-2023)
Table Military Drone Forecasted Revenue Market Size by Regions (2023-2029)
Table Military Drone Forecasted Revenue Market Share by Regions (2023-2029)
Figure North America Military Drone Market Size & Forecast (2018-2029)
Figure EMEA Military Drone Market Size & Forecast (2018-2029)
Figure China Military Drone Market Size & Forecast (2018-2029)
Figure Asia-Pacific (Excluding China) Military Drone Market Size & Forecast (2018-2029)
Figure Latin America Military Drone Market Size & Forecast (2018-2029)
Table North America Military Drone Revenue Share by Players 2022
Table North America Military Drone Revenue by Types (2018-2023)
Table North America Military Drone Revenue Market Share by Types (2018-2023)
Table North America Military Drone Revenue by Applications (2018-2023)
Table North America Military Drone Revenue Market Share by Applications (2018-2023)
Table North America Military Drone Revenue by Countries (2018-2029)
Table North America Military Drone Revenue Market Share by Countries (2018-2029)
Table North America SWOT Analysis
Figure United States Military Drone Revenue and Growth (2018-2029)
Figure Canada Military Drone Revenue and Growth (2018-2029)
Table China Military Drone Revenue Share by Players 2022
Table China Military Drone Revenue by Types (2018-2023)
Table China Military Drone Revenue Market Share by Types (2018-2023)
Table China Military Drone Revenue by Applications (2018-2023)
Table China Military Drone Revenue Market Share by Applications (2018-2023)
Table China SWOT Analysis
Figure China Military Drone Revenue and Growth (2018-2029)
Table Asia Pacific Military Drone Revenue Share by Players 2022
Table Asia Pacific Military Drone Revenue by Types (2018-2023)
Table Asia Pacific Military Drone Revenue Market Share by Types (2018-2023)
Table Asia Pacific Military Drone Revenue by Applications (2018-2023)
Table Asia Pacific Military Drone Revenue Market Share by Applications (2018-2023)
Table Asia-Pacific Military Drone Revenue by Countries (2018-2029)
Table Asia-Pacific Military Drone Revenue Market Share by Countries (2018-2029)
Table Asia Pacific SWOT Analysis
Figure Japan Military Drone Revenue and Growth (2018-2029)
Figure Korea Military Drone Revenue and Growth (2018-2029)
Figure Southeast Asia Military Drone Revenue and Growth (2018-2029)
Figure India Military Drone Revenue and Growth (2018-2029)
Figure Australia Military Drone Revenue and Growth (2018-2029)
Table EMEA Military Drone Revenue Share by Players 2022
Table EMEA Military Drone Revenue by Types (2018-2023)
Table EMEA Military Drone Revenue Market Share by Types (2018-2023)
Table EMEA Military Drone Revenue by Applications (2018-2023)
Table EMEA Military Drone Revenue Market Share by Applications (2018-2023)
Table EMEA Military Drone Revenue by Countries (2018-2029)
Table EMEA Military Drone Revenue Market Share by Countries (2018-2029)
Table EMEA SWOT Analysis
Figure Europe Military Drone Revenue and Growth (2018-2029)
Table Europe Military Drone Revenue by Countries (2018-2029)
Table Europe Military Drone Revenue Market Share by Countries (2018-2029)
Figure Germany Military Drone Revenue and Growth (2018-2029)
Figure France Military Drone Revenue and Growth (2018-2029)
Figure UK Military Drone Revenue and Growth (2018-2029)
Figure Italy Military Drone Revenue and Growth (2018-2029)
Figure Russia Military Drone Revenue and Growth (2018-2029)
Figure Nordic Military Drone Revenue and Growth (2018-2029)
Figure Middle East Military Drone Revenue and Growth (2018-2029)
Figure Africa Military Drone Revenue and Growth (2018-2029)
Table Latin America Military Drone Revenue Share by Players 2022
Table Latin America Military Drone Revenue by Types (2018-2023)
Table Latin America Military Drone Revenue Market Share by Types (2018-2023)
Table Latin America Military Drone Revenue by Applications (2018-2023)
Table Latin America Military Drone Revenue Market Share by Applications (2018-2023)
Table Latin America Military Drone Revenue by Countries (2018-2029)
Table Latin America Military Drone Revenue Market Share by Countries (2018-2029)
Table Latin America SWOT Analysis
Figure Brazil Military Drone Revenue and Growth (2018-2029)
Figure Argentina Military Drone Revenue and Growth (2018-2029)
Figure Mexico Military Drone Revenue and Growth (2018-2029)
Table Market Trends Analysis
Table Market Drivers Analysis
Table Market Challenges Analysis
Table Market Restraints Analysis
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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