Target drones are drones which are unmanned vehicles that are generally used for combat training
The Target Drones Market size is projected to reach a CAGR of 7.8% from 2022 to 2028.
Target drones are drones which are unmanned vehicles that are generally used for combat training against manned and unmanned threats, destruction tests on decoys that simulate behaviour of real threats, and testing and development of military systems. These offer a cost-effective substitute to equipment and systems used by military forces across various countries. Target drones are very identical to unmanned aerial vehicles.
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The advantages offered by the targeted drones offered over the conventional drones are some of the factors that have supported long-term expansion for Target Drones Market.
Recent Developments
In February 2020, Griffon Aerospace was awarded with a USD 50 million contract to for MQM-170 Outlaw by US Army.
Prominent Players
- Airbus S.A.S.
- BAE Systems plc
- Denel Dynamics
- Embention
- Griffon Aerospace
- Leonardo S.p.A.
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Qinetiq Group plc
- The Boeing Company
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Asia Pacific to Dominate the Market
Asia Pacific is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the increased defence budgets and expenditure along with the cross-border tension.
Target Drones Market Segmentation:
On the basis of End-User
· Defense
· Military
On the basis of End Use
· Aerial Targets
· Ground Targets
· Marine Targets
On the basis of Application
· Combat Training
· Target & Decoy
· Reconnaissance
· Target Identification
· Target Acquisition
On the basis of Mode of Operation
· Autonomous
· Remotely Piloted
· Optionally Piloted
On the basis of Payload Capacity
· High (>40 kg)
· Medium (20 kg to 40 kg)
· Low (<20 kg)
On the basis of Build
· Newbuild
· Converted
On the basis of Target Type
· Full-scale
· Subscale
· Free-flying
On the basis of Engine Type
· IC
· Jet
· Others
On the basis of Speed
· High (> 250mps)
· Low (< 250mps)
Based on region:
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
The Report helps to identify the opportunities in Global Regions:
· North America (the United States, Canada, and Mexico)
· Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
· Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
· South America (Brazil etc.)
· The Middle East and Africa (North Africa and GCC Countries)
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· Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.
· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.
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