Global Target Drone Market Overview

Global Target Drone Market Size Was Valued at USD 5.04 billion In 2021, And Is Projected to Reach USD 8.20 billion By 2028, Growing at A CAGR of 7.20% From 2022 To 2028.

Target drones are a subclass of remote-controlled unmanned aerial vehicles (UAVs) that are used for weapon system testing and evaluation, counter-artillery operations, and anti-aircraft crew training in the real world. It ensures the dependability, performance, and cost-effectiveness of a wide range of weaponry, training, and roles, and so contributes to an increase in war readiness among the country's defense forces. Target drones come in a variety of shapes and sizes, but the core components (battery, micro-motor, controller, sensors) are all essentially the same. Drones are made with smartphone parts, thus investing in them for the past ten years has resulted in lower drone prices and greater availability for consumers and enterprises. Target drones can be thought of as cellphones with the ability to fly or move around. Unlike most fintech advances, such as large data and payment improvements, the usage of drones is a valuable mix of mobile phone hardware and internet connectivity. Based on reasons such as the rise of piracy, transnational terrorism, insurrection, and smuggling, the general goal of the market for unmanned aerial vehicles, which are, in essence, administration, with an emphasis on actual weather, education, and training. As a result, a growing number of countries are adopting unmanned aerial vehicles, as well as their education and training programs. The whole target market for unmanned aerial vehicles is likely to grow during the forecasted period.

Market Dynamics And Factors For Target Drone Market

Drivers:

Rising Use In The Defense Sector Pushing The Growth Prospects of The Target Drone Market

In recent years, global military spending has increased at an exponential rate. The Stockholm International Peace Research Institute (SIPRI) estimates that global military spending will reach $1,981 billion in 2020, up 2.6 percent from the previous year. In 2020, military spending accounted for 2.4 percent of the worldwide gross domestic product. As a result, the use of contemporary defense systems, such as target drone systems and similar technology, has increased as global military spending has increased. Increased military and defense spending around the world makes target drone system technology easier to execute. Furthermore, advances in weaponry and attacking capabilities around the world have sparked a spike in demand for governments to modernize and deploy advanced defensive infrastructure to counter threats and offensive strikes from foreign countries. As a result, increased defense spending is likely to open up new opportunities for the target drone market to flourish during the forecast period.

Restraints:

Stringent Government Regulation Is A Restraining Factor In Target Drone Market

FAA regulations not only fail to address the practical reality of drone dangers, but they also unnecessarily limit the technology's potential benefits. The FAA's line-of-sight rule, in particular, has squandered the opportunity for huge commercial and public-safety gains. This restriction discourages technology behemoths like Amazon and Google from investing domestically20, driving innovation, testing, and investment in drones to other countries, displacing millions of jobs and billions of dollars. The FAA's regulation structure further restricts a wide range of applications that have proven to be beneficial to enterprises, scientific research, and disaster response on a global scale.

Opportunities:

Rising Investment By Governments And Private Companies Pushing The Growth of The Target Drone Market

China, Israel, and the United States account for the majority of investments and well-funded businesses within the market, however, each country has a distinct area of focus. Target Drone Market accounted for 36% of North American consumer target drone sales last year. US firms, on the other hand, are concentrating on building specialized commercial hardware solutions or end-to-end software for commercial applications, while Israel has been at the forefront of military application development. With Tel Aviv-based Airobotics, Israeli drone startups are now leading the way in autonomous solutions for businesses. The race to develop advanced commercial solutions has been led by US enterprises and startups, aided by the developed local industry and demand for business analytics. As a result, Chinese enterprises will gain a firmer foothold in the commercial sector in the following year, using their manufacturing, hardware solutions, and internal market development competencies.

Challenges:

The Lack of Trained Drone Operators Is A Major Challenge

The market is severely constrained by a scarcity of competent pilots who can fly current target drones at high speeds and collect reliable data. This component is widespread not only in the defense sector but also in the commercial sector. While target drones are extremely useful for providing military personnel with realistic battle scenario training, there is a severe global scarcity of skilled drone operators.

Segmentation Analysis of Target Drone Market

By Engine Type, the Turbojet engine segment is expected to be dominated in the Target Drone Market. Turbojet engines are being widely used in target drones in recent years.  It provides great dependability, high fuel efficiency, low thrust-to-weight ratio, lengthy duration of operation and storage in aircraft, and small scope of routine maintenance. The North American market has seen major growth in terms of the development of the target drone market with newly emerging companies and favorable government regulation. Kratos California manufacturing unit produces the BQM-167A, the US Air Force's (USAF) only subscale aerial target platform, and the BQM-177A, a subsonic aerial target used by the US Navy to simulate sea-skimming cruise missiles. Kratos' development of target drones is progressing by adopting the turbojet engine adoption target drone. It has also affected the United States Air Forces' work on tactical jet-powered unmanned air vehicles (UAVs) which is propelling the target drone market.

By Platform, Arial target is expected to be dominating the Target Drone Market. Unmanned aerial targets (UATs) are unmanned aerial vehicles (UAVs) used in the development and testing of military systems, as well as in educating military troops on threat identification and destruction tests of both anti-aircraft systems and piloted combat aircraft. The behavior of these unmanned vehicles is modeled like that of real aerial threats. Due to their unique capacity to replicate and simulate actual threats with the help of various payloads such as passive and active radar augmentation, infrared augmentation, and others, aerial targets are expected to dominate the worldwide target drone market.

By End Use, the Defense segment dominates the Target drone market. Due to a strong focus on military modernization operations aimed at improving combat training and increasing staff efficiency and performance. In that regard, Airbus offers a full range of target systems providing realistic and cost-effective training for ground-based and naval Air Defense and Air-to-Air Combat, encompassing towed aerial targets, direct aerial targets, and surface targets. Target drones from Airbus have statistics such as 2,700 missions performed and 1,700+ direct targets deployed which has become one of the leading companies in the target drone market.

Regional Analysis of Target Drone Market

North America dominates the Target Drone Market. In North America, the United States plays a prominent role to develop the target drone market.  Increased defense spending, expanding acceptance and spending on the use of unmanned aerial vehicles in the defense sector, and the existence of several established businesses providing target drones for military weapon simulation and testing are all factors leading to growth in the North American area.  Aero targets International, The Boeing Company, Griffon Aerospace, and Kratos Defense & Security Solutions, Inc. are just a few of the well-known target drone companies based in North America. In addition, many North American businesses are attempting to increase the effectiveness of their various target drone business units. Kratos Defense & Security Solutions, Inc reported that its "Unmanned Systems Division" had obtained a contract worth roughly US$ 38 million for unmanned aerial drone aircraft.

The Asia Pacific is expected to be a swiftly growing region in Target Drones Market. In the Indo-Pacific, the target drone development is growing. The desire to produce indigenous armed drones spread across Asia after the success of drones on numerous battlefields. Pakistan, Turkey, Iran, Russia, Taiwan, and India are all working on armed drones. Armed drones were being used by 39 countries as of late 2020, five of which were from the Asia-Pacific area. Target drones appeared to be one of the most cost-effective ways to maintain a military presence, especially in the tumultuous South and East China seas. Although marine UAV technology has not yet caught up to that of aerial drones, countries such as the United States, the United Kingdom, and Russia are already looking to the water for UAV development. In addition, Indo-Pacific countries began depending on unmanned systems for maritime operations, such as monitoring China's activities and keeping an eye on piracy and transnational criminal activity. Hence, the Asia Pacific region is expected to grow exponentially during the forecasted period. 

COVID-19 Impact Analysis on Target Drone Market

COVID-19 has provided an opportunity for a surge in target drone applications and use cases. Target drone use cases have shown benefits in surveillance, disaster management, and delivery services. Until recently, many viewed drones as a technology that is still in an early developmental stage with limited-scale programs due to both technology and regulatory roadblocks. But COVID-19 is bringing out innovative drone use cases. As COVID-19 demands social distancing, a drone can act as a mode of transport and communication, requiring limited human-to-human interaction. Countries all over the world have been using drones in several innovative ways. The world (authorities and corporations) is looking for a "no-touch" medium for businesses and day-to-day operations as social alienation and lockdown become the new normal. Target drones have shown a lot of potential for carrying out and running these operations with low risk, and their use in the war against COVID-19 has been constantly expanding. New use cases have been implemented to help authorities with a variety of issues. Therefore, the sudden demand boost for target drones benefited the growth of the market during Covid19.

Players Covered in Target Drone Market are

  • The Boeing Company (US)
  • QinetiQ Group plc (UK)
  • Northrop Grumman Corporation (US)
  • Kratos Defense & Security Solutions Inc. (the US)
  • Airbus Group(Netherlands)
  • Lockheed Martin Corporation (US)
  • Leonardo S.p.A. (Italy)
  • BSK Defense S.A. (Greece)
  • Air Affairs Australia Pty Ltd (Australia)
  • Saab AB (Sweden)
  • AeroTargets International LLC (US)
  • L3 ASV (UK)
  • BAE Systems (UK)
  • Raytheon (US)
  • General Dynamics Corporation (US)
  • Almaz-Antey (Russia)
  • Thales (France)
  • Embention (Spain)
  • Griffon Aerospace (US)
  • Denel Dynamics (South Africa) and other major players.

Key Industry Developments In Target Drone Market

February 2022, AeroVironment, Inc., a world leader in astute, multi-domain robotic systems, has been awarded an $8,541,428 firm-fixed-price Foreign Military Sales (FMS) contract by the United States Department of Defense to provide PumaTM 3 AE small unmanned aircraft systems (UAS), initial spares packages, training, and support to an allied nation.

September 2021, BAE Systems announced the purchase of Bohemia Interactive Simulations (BISim), a developer of military training simulators, for $200 million. The acquisition was spurred by the predicted rise in demand for military training and simulation equipment, which has a global market worth more than $11 billion per year, according to the British aerospace company.

Global Target Drone Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 5.04 Bn.

Forecast Period 2022-28 CAGR:

7.20%

Market Size in 2028:

USD 8.20 Bn.

Segments Covered:

By Engine Type

  • Internal Combustion Engine
  • Jet Engine
  • Others

By Platform

  • Aerial Targets
  • Ground Targets
  • Underwater Targets
  • Sea Surface Targets

By End Users

  • Defense
  • Homeland Security
  • Commercial

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Rising Use In The Defense Sector Pushing The Growth Prospects of The Target Drone Market

Key Market Restraints:

  • Stringent Government Regulation Is A Restraining Factor In Target Drone Market

Key Opportunities:

  • Rising Investment By Governments And Private Companies Pushing The Growth of The Target Drone Market

Companies Covered in the report:

  • The Boeing Company (US),QinetiQ Group plc (UK),Northrop Grumman Corporation (US),Kratos Defense & Security Solutions Inc. (the US),Airbus, and Other major players.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Engine Type
 3.2 By Platform
 3.3 By End Users

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Target Drone Market by Engine Type
 5.1 Target Drone Market Overview Snapshot and Growth Engine
 5.2 Target Drone Market Overview
 5.3 Internal Combustion Engine
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Internal Combustion Engine: Grographic Segmentation
 5.4 Jet Engine
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Jet Engine: Grographic Segmentation
 5.5 Others
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Others: Grographic Segmentation

Chapter 6: Target Drone Market by Platform
 6.1 Target Drone Market Overview Snapshot and Growth Engine
 6.2 Target Drone Market Overview
 6.3 Aerial Targets
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Aerial Targets: Grographic Segmentation
 6.4 Ground Targets
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Ground Targets: Grographic Segmentation
 6.5 Underwater Targets
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Underwater Targets: Grographic Segmentation
 6.6 Sea Surface Targets
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size (2016-2028F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Sea Surface Targets: Grographic Segmentation

Chapter 7: Target Drone Market by End Users
 7.1 Target Drone Market Overview Snapshot and Growth Engine
 7.2 Target Drone Market Overview
 7.3 Defense
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2016-2028F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Defense: Grographic Segmentation
 7.4 Homeland Security
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2016-2028F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Homeland Security: Grographic Segmentation
 7.5 Commercial
  7.5.1 Introduction and Market Overview
  7.5.2 Historic and Forecasted Market Size (2016-2028F)
  7.5.3 Key Market Trends, Growth Factors and Opportunities
  7.5.4 Commercial: Grographic Segmentation

Chapter 8: Company Profiles and Competitive Analysis
 8.1 Competitive Landscape
  8.1.1 Competitive Positioning
  8.1.2 Target Drone Sales and Market Share By Players
  8.1.3 Industry BCG Matrix
  8.1.4 Ansoff Matrix
  8.1.5 Target Drone Industry Concentration Ratio (CR5 and HHI)
  8.1.6 Top 5 Target Drone Players Market Share
  8.1.7 Mergers and Acquisitions
  8.1.8 Business Strategies By Top Players
 8.2 THE BOEING COMPANY
  8.2.1 Company Overview
  8.2.2 Key Executives
  8.2.3 Company Snapshot
  8.2.4 Operating Business Segments
  8.2.5 Product Portfolio
  8.2.6 Business Performance
  8.2.7 Key Strategic Moves and Recent Developments
  8.2.8 SWOT Analysis
 8.3 QINETIQ GROUP PLC
 8.4 NORTHROP GRUMMAN CORPORATION
 8.5 KRATOS DEFENSE & SECURITY SOLUTIONS INC.
 8.6 AIRBUS GROUP
 8.7 LOCKHEED MARTIN CORPORATION
 8.8 LEONARDO S.P.A.
 8.9 BSK DEFENSE S.A.
 8.10 AIR AFFAIRS AUSTRALIA PTY LTD
 8.11 SAAB AB
 8.12 AEROTARGETS INTERNATIONAL LLC
 8.13 L3 ASV
 8.14 BAE SYSTEMS
 8.15 RAYTHEON
 8.16 GENERAL DYNAMICS CORPORATION
 8.17 ALMAZ-ANTEY
 8.18 THALES
 8.19 EMBENTION
 8.20 GRIFFON AEROSPACE
 8.21 DENEL DYNAMICS
 8.22 OTHER MAJOR PLAYERS

Chapter 9: Global Target Drone Market Analysis, Insights and Forecast, 2016-2028
 9.1 Market Overview
 9.2 Historic and Forecasted Market Size By Engine Type
  9.2.1 Internal Combustion Engine
  9.2.2 Jet Engine
  9.2.3 Others
 9.3 Historic and Forecasted Market Size By Platform
  9.3.1 Aerial Targets
  9.3.2 Ground Targets
  9.3.3 Underwater Targets
  9.3.4 Sea Surface Targets
 9.4 Historic and Forecasted Market Size By End Users
  9.4.1 Defense
  9.4.2 Homeland Security
  9.4.3 Commercial

Chapter 10: North America Target Drone Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Engine Type
  10.4.1 Internal Combustion Engine
  10.4.2 Jet Engine
  10.4.3 Others
 10.5 Historic and Forecasted Market Size By Platform
  10.5.1 Aerial Targets
  10.5.2 Ground Targets
  10.5.3 Underwater Targets
  10.5.4 Sea Surface Targets
 10.6 Historic and Forecasted Market Size By End Users
  10.6.1 Defense
  10.6.2 Homeland Security
  10.6.3 Commercial
 10.7 Historic and Forecast Market Size by Country
  10.7.1 U.S.
  10.7.2 Canada
  10.7.3 Mexico

Chapter 11: Europe Target Drone Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Engine Type
  11.4.1 Internal Combustion Engine
  11.4.2 Jet Engine
  11.4.3 Others
 11.5 Historic and Forecasted Market Size By Platform
  11.5.1 Aerial Targets
  11.5.2 Ground Targets
  11.5.3 Underwater Targets
  11.5.4 Sea Surface Targets
 11.6 Historic and Forecasted Market Size By End Users
  11.6.1 Defense
  11.6.2 Homeland Security
  11.6.3 Commercial
 11.7 Historic and Forecast Market Size by Country
  11.7.1 Germany
  11.7.2 U.K.
  11.7.3 France
  11.7.4 Italy
  11.7.5 Russia
  11.7.6 Spain
  11.7.7 Rest of Europe

Chapter 12: Asia-Pacific Target Drone Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Engine Type
  12.4.1 Internal Combustion Engine
  12.4.2 Jet Engine
  12.4.3 Others
 12.5 Historic and Forecasted Market Size By Platform
  12.5.1 Aerial Targets
  12.5.2 Ground Targets
  12.5.3 Underwater Targets
  12.5.4 Sea Surface Targets
 12.6 Historic and Forecasted Market Size By End Users
  12.6.1 Defense
  12.6.2 Homeland Security
  12.6.3 Commercial
 12.7 Historic and Forecast Market Size by Country
  12.7.1 China
  12.7.2 India
  12.7.3 Japan
  12.7.4 Singapore
  12.7.5 Australia
  12.7.6 New Zealand
  12.7.7 Rest of APAC

Chapter 13: Middle East & Africa Target Drone Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Engine Type
  13.4.1 Internal Combustion Engine
  13.4.2 Jet Engine
  13.4.3 Others
 13.5 Historic and Forecasted Market Size By Platform
  13.5.1 Aerial Targets
  13.5.2 Ground Targets
  13.5.3 Underwater Targets
  13.5.4 Sea Surface Targets
 13.6 Historic and Forecasted Market Size By End Users
  13.6.1 Defense
  13.6.2 Homeland Security
  13.6.3 Commercial
 13.7 Historic and Forecast Market Size by Country
  13.7.1 Turkey
  13.7.2 Saudi Arabia
  13.7.3 Iran
  13.7.4 UAE
  13.7.5 Africa
  13.7.6 Rest of MEA

Chapter 14: South America Target Drone Market Analysis, Insights and Forecast, 2016-2028
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Engine Type
  14.4.1 Internal Combustion Engine
  14.4.2 Jet Engine
  14.4.3 Others
 14.5 Historic and Forecasted Market Size By Platform
  14.5.1 Aerial Targets
  14.5.2 Ground Targets
  14.5.3 Underwater Targets
  14.5.4 Sea Surface Targets
 14.6 Historic and Forecasted Market Size By End Users
  14.6.1 Defense
  14.6.2 Homeland Security
  14.6.3 Commercial
 14.7 Historic and Forecast Market Size by Country
  14.7.1 Brazil
  14.7.2 Argentina
  14.7.3 Rest of SA

Chapter 15 Investment Analysis

Chapter 16 Analyst Viewpoint and Conclusion

Global Target Drone Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 5.04 Bn.

Forecast Period 2022-28 CAGR:

7.20%

Market Size in 2028:

USD 8.20 Bn.

Segments Covered:

By Engine Type

  • Internal Combustion Engine
  • Jet Engine
  • Others

By Platform

  • Aerial Targets
  • Ground Targets
  • Underwater Targets
  • Sea Surface Targets

By End Users

  • Defense
  • Homeland Security
  • Commercial

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Rising Use In The Defense Sector Pushing The Growth Prospects of The Target Drone Market

Key Market Restraints:

  • Stringent Government Regulation Is A Restraining Factor In Target Drone Market

Key Opportunities:

  • Rising Investment By Governments And Private Companies Pushing The Growth of The Target Drone Market

Companies Covered in the report:

  • The Boeing Company (US),QinetiQ Group plc (UK),Northrop Grumman Corporation (US),Kratos Defense & Security Solutions Inc. (the US),Airbus, and Other major players.

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. TARGET DRONE MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. TARGET DRONE MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. TARGET DRONE MARKET COMPETITIVE RIVALRY
TABLE 005. TARGET DRONE MARKET THREAT OF NEW ENTRANTS
TABLE 006. TARGET DRONE MARKET THREAT OF SUBSTITUTES
TABLE 007. TARGET DRONE MARKET BY ENGINE TYPE
TABLE 008. INTERNAL COMBUSTION ENGINE MARKET OVERVIEW (2016-2028)
TABLE 009. JET ENGINE MARKET OVERVIEW (2016-2028)
TABLE 010. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 011. TARGET DRONE MARKET BY PLATFORM
TABLE 012. AERIAL TARGETS MARKET OVERVIEW (2016-2028)
TABLE 013. GROUND TARGETS MARKET OVERVIEW (2016-2028)
TABLE 014. UNDERWATER TARGETS MARKET OVERVIEW (2016-2028)
TABLE 015. SEA SURFACE TARGETS MARKET OVERVIEW (2016-2028)
TABLE 016. TARGET DRONE MARKET BY END USERS
TABLE 017. DEFENSE MARKET OVERVIEW (2016-2028)
TABLE 018. HOMELAND SECURITY MARKET OVERVIEW (2016-2028)
TABLE 019. COMMERCIAL MARKET OVERVIEW (2016-2028)
TABLE 020. NORTH AMERICA TARGET DRONE MARKET, BY ENGINE TYPE (2016-2028)
TABLE 021. NORTH AMERICA TARGET DRONE MARKET, BY PLATFORM (2016-2028)
TABLE 022. NORTH AMERICA TARGET DRONE MARKET, BY END USERS (2016-2028)
TABLE 023. N TARGET DRONE MARKET, BY COUNTRY (2016-2028)
TABLE 024. EUROPE TARGET DRONE MARKET, BY ENGINE TYPE (2016-2028)
TABLE 025. EUROPE TARGET DRONE MARKET, BY PLATFORM (2016-2028)
TABLE 026. EUROPE TARGET DRONE MARKET, BY END USERS (2016-2028)
TABLE 027. TARGET DRONE MARKET, BY COUNTRY (2016-2028)
TABLE 028. ASIA PACIFIC TARGET DRONE MARKET, BY ENGINE TYPE (2016-2028)
TABLE 029. ASIA PACIFIC TARGET DRONE MARKET, BY PLATFORM (2016-2028)
TABLE 030. ASIA PACIFIC TARGET DRONE MARKET, BY END USERS (2016-2028)
TABLE 031. TARGET DRONE MARKET, BY COUNTRY (2016-2028)
TABLE 032. MIDDLE EAST & AFRICA TARGET DRONE MARKET, BY ENGINE TYPE (2016-2028)
TABLE 033. MIDDLE EAST & AFRICA TARGET DRONE MARKET, BY PLATFORM (2016-2028)
TABLE 034. MIDDLE EAST & AFRICA TARGET DRONE MARKET, BY END USERS (2016-2028)
TABLE 035. TARGET DRONE MARKET, BY COUNTRY (2016-2028)
TABLE 036. SOUTH AMERICA TARGET DRONE MARKET, BY ENGINE TYPE (2016-2028)
TABLE 037. SOUTH AMERICA TARGET DRONE MARKET, BY PLATFORM (2016-2028)
TABLE 038. SOUTH AMERICA TARGET DRONE MARKET, BY END USERS (2016-2028)
TABLE 039. TARGET DRONE MARKET, BY COUNTRY (2016-2028)
TABLE 040. THE BOEING COMPANY: SNAPSHOT
TABLE 041. THE BOEING COMPANY: BUSINESS PERFORMANCE
TABLE 042. THE BOEING COMPANY: PRODUCT PORTFOLIO
TABLE 043. THE BOEING COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 043. QINETIQ GROUP PLC: SNAPSHOT
TABLE 044. QINETIQ GROUP PLC: BUSINESS PERFORMANCE
TABLE 045. QINETIQ GROUP PLC: PRODUCT PORTFOLIO
TABLE 046. QINETIQ GROUP PLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. NORTHROP GRUMMAN CORPORATION: SNAPSHOT
TABLE 047. NORTHROP GRUMMAN CORPORATION: BUSINESS PERFORMANCE
TABLE 048. NORTHROP GRUMMAN CORPORATION: PRODUCT PORTFOLIO
TABLE 049. NORTHROP GRUMMAN CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. KRATOS DEFENSE & SECURITY SOLUTIONS INC.: SNAPSHOT
TABLE 050. KRATOS DEFENSE & SECURITY SOLUTIONS INC.: BUSINESS PERFORMANCE
TABLE 051. KRATOS DEFENSE & SECURITY SOLUTIONS INC.: PRODUCT PORTFOLIO
TABLE 052. KRATOS DEFENSE & SECURITY SOLUTIONS INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. AIRBUS GROUP: SNAPSHOT
TABLE 053. AIRBUS GROUP: BUSINESS PERFORMANCE
TABLE 054. AIRBUS GROUP: PRODUCT PORTFOLIO
TABLE 055. AIRBUS GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. LOCKHEED MARTIN CORPORATION: SNAPSHOT
TABLE 056. LOCKHEED MARTIN CORPORATION: BUSINESS PERFORMANCE
TABLE 057. LOCKHEED MARTIN CORPORATION: PRODUCT PORTFOLIO
TABLE 058. LOCKHEED MARTIN CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. LEONARDO S.P.A.: SNAPSHOT
TABLE 059. LEONARDO S.P.A.: BUSINESS PERFORMANCE
TABLE 060. LEONARDO S.P.A.: PRODUCT PORTFOLIO
TABLE 061. LEONARDO S.P.A.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. BSK DEFENSE S.A.: SNAPSHOT
TABLE 062. BSK DEFENSE S.A.: BUSINESS PERFORMANCE
TABLE 063. BSK DEFENSE S.A.: PRODUCT PORTFOLIO
TABLE 064. BSK DEFENSE S.A.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. AIR AFFAIRS AUSTRALIA PTY LTD: SNAPSHOT
TABLE 065. AIR AFFAIRS AUSTRALIA PTY LTD: BUSINESS PERFORMANCE
TABLE 066. AIR AFFAIRS AUSTRALIA PTY LTD: PRODUCT PORTFOLIO
TABLE 067. AIR AFFAIRS AUSTRALIA PTY LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. SAAB AB: SNAPSHOT
TABLE 068. SAAB AB: BUSINESS PERFORMANCE
TABLE 069. SAAB AB: PRODUCT PORTFOLIO
TABLE 070. SAAB AB: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. AEROTARGETS INTERNATIONAL LLC: SNAPSHOT
TABLE 071. AEROTARGETS INTERNATIONAL LLC: BUSINESS PERFORMANCE
TABLE 072. AEROTARGETS INTERNATIONAL LLC: PRODUCT PORTFOLIO
TABLE 073. AEROTARGETS INTERNATIONAL LLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 073. L3 ASV: SNAPSHOT
TABLE 074. L3 ASV: BUSINESS PERFORMANCE
TABLE 075. L3 ASV: PRODUCT PORTFOLIO
TABLE 076. L3 ASV: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 076. BAE SYSTEMS: SNAPSHOT
TABLE 077. BAE SYSTEMS: BUSINESS PERFORMANCE
TABLE 078. BAE SYSTEMS: PRODUCT PORTFOLIO
TABLE 079. BAE SYSTEMS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 079. RAYTHEON: SNAPSHOT
TABLE 080. RAYTHEON: BUSINESS PERFORMANCE
TABLE 081. RAYTHEON: PRODUCT PORTFOLIO
TABLE 082. RAYTHEON: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 082. GENERAL DYNAMICS CORPORATION: SNAPSHOT
TABLE 083. GENERAL DYNAMICS CORPORATION: BUSINESS PERFORMANCE
TABLE 084. GENERAL DYNAMICS CORPORATION: PRODUCT PORTFOLIO
TABLE 085. GENERAL DYNAMICS CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 085. ALMAZ-ANTEY: SNAPSHOT
TABLE 086. ALMAZ-ANTEY: BUSINESS PERFORMANCE
TABLE 087. ALMAZ-ANTEY: PRODUCT PORTFOLIO
TABLE 088. ALMAZ-ANTEY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 088. THALES: SNAPSHOT
TABLE 089. THALES: BUSINESS PERFORMANCE
TABLE 090. THALES: PRODUCT PORTFOLIO
TABLE 091. THALES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 091. EMBENTION: SNAPSHOT
TABLE 092. EMBENTION: BUSINESS PERFORMANCE
TABLE 093. EMBENTION: PRODUCT PORTFOLIO
TABLE 094. EMBENTION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 094. GRIFFON AEROSPACE: SNAPSHOT
TABLE 095. GRIFFON AEROSPACE: BUSINESS PERFORMANCE
TABLE 096. GRIFFON AEROSPACE: PRODUCT PORTFOLIO
TABLE 097. GRIFFON AEROSPACE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 097. DENEL DYNAMICS: SNAPSHOT
TABLE 098. DENEL DYNAMICS: BUSINESS PERFORMANCE
TABLE 099. DENEL DYNAMICS: PRODUCT PORTFOLIO
TABLE 100. DENEL DYNAMICS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 100. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 101. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 102. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 103. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. TARGET DRONE MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. TARGET DRONE MARKET OVERVIEW BY ENGINE TYPE
FIGURE 012. INTERNAL COMBUSTION ENGINE MARKET OVERVIEW (2016-2028)
FIGURE 013. JET ENGINE MARKET OVERVIEW (2016-2028)
FIGURE 014. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 015. TARGET DRONE MARKET OVERVIEW BY PLATFORM
FIGURE 016. AERIAL TARGETS MARKET OVERVIEW (2016-2028)
FIGURE 017. GROUND TARGETS MARKET OVERVIEW (2016-2028)
FIGURE 018. UNDERWATER TARGETS MARKET OVERVIEW (2016-2028)
FIGURE 019. SEA SURFACE TARGETS MARKET OVERVIEW (2016-2028)
FIGURE 020. TARGET DRONE MARKET OVERVIEW BY END USERS
FIGURE 021. DEFENSE MARKET OVERVIEW (2016-2028)
FIGURE 022. HOMELAND SECURITY MARKET OVERVIEW (2016-2028)
FIGURE 023. COMMERCIAL MARKET OVERVIEW (2016-2028)
FIGURE 024. NORTH AMERICA TARGET DRONE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. EUROPE TARGET DRONE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 026. ASIA PACIFIC TARGET DRONE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 027. MIDDLE EAST & AFRICA TARGET DRONE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 028. SOUTH AMERICA TARGET DRONE MARKET OVERVIEW BY COUNTRY (2016-2028)

Frequently Asked Questions :

What would be the forecast period in the Target Drone Market research report?

The forecast period in the Target Drone Market research report is 2022-2028.

Who are the key players in Target Drone Market?

The Boeing Company (US), QinetiQ Group plc (UK), Northrop Grumman Corporation (US), Kratos Defense & Security Solutions Inc. (the US), Airbus Group(Netherlands), Lockheed Martin Corporation (US), Leonardo S.p.A. (Italy), BSK Defense S.A. (Greece), Air Affairs Australia Pty Ltd (Australia), Saab AB (Sweden), AeroTargets International LLC (US), L3 ASV (UK), BAE Systems (UK), Raytheon (US), General Dynamics Corporation (US), Almaz-Antey (Russia), Thales (France), Embention (Spain), Griffon Aerospace (US), Denel Dynamics (South Africa), and Other Major Players.

What are the segments of Target Drone Market?

Target Drone Market is segmented into Engine Type, Platform, End Users, and region. By Engine Type, the market is categorized into Internal Combustion Engine, Jet Engine, Others. By Platform, the market is categorized into Aerial Targets, Ground Targets, Underwater Targets, and Sea Surface Targets. By End Users, the market is categorized into Defense, Homeland Security, and Commercial. By region, it is analysed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Target Drone Market?

Target drones are a subclass of remote-controlled unmanned aerial vehicles (UAVs) that are used for weapon system testing and evaluation, counter-artillery operations, and anti-aircraft crew training in the real world. It ensures the dependability, performance, and cost-effectiveness of a wide range of weaponry, training, and roles, and so contributes to an increase in war readiness among the country's defense forces.

How big is Target Drone Market?

Global Target Drone Market Size Was Valued at USD 5.04 billion In 2021, And Is Projected to Reach USD 8.20 billion By 2028, Growing at A CAGR of 7.20% From 2022 To 2028.