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Military Drones Market by Type (Fixed Wing, Rotary Wing and Hybrid), Range (Visual Line of Sight (VLOS), Extended Visual Line of Sight (EVLOS) and Beyond Line of Sight (BLOS)), Application (Intelligence, Surveillance, Reconnaissance, and Target Acquisition (ISRT), Delivery and Transportation, Combat Operations and Battle Damage Management), Propulsion (Battery Powered, Fuel Cell and Hybrid Cell), Endurance (Up to 2 Hours, 2 to 6 Hours and More than 6 Hours), Maximum Take-off Weight ( Less than 25 Kilograms, Between 25 to 150 Kilograms and More than 150 Kilograms), and Launching Mode (Vertical Take-off, Automatic Take-off and Landing, Catapult Launcher and Hand Launched): Global Opportunity Analysis and Industry Forecast, 2020–2027

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Sep 2020 | 187 Views
 
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Military drones are the combat version of unmanned aerial vehicles (UAVs). Military drones are used for number of missions such as surveillance, intelligence gathering, early warning, artillery & gunship guidance, and threat detection. In recent years, military drones have become advanced and are equipped with high quality video cameras, improved GPS system, bombs, precision guided missiles etc. Such improvements have made these drones much more lethal and thereby military drones or combat drones have being used widely in operations against terrorism, spying on other countries etc. For instance, USA used military drones to counter ISIS in Syria and killed its leader from Hellfire missile which was fired from combat drone.

 

Market scope and structure analysis:

                      Report Metric

                                      Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value (USD)

  Segments covered

Type, Range, Application, Propulsion, Endurance, Maximum Take-off Weight, Launching Mode, and Region

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and The Middle East and Africa

  Companies covered

Thales Group, General Atomics, Northrop Grumman Corporation, Elbit Systems Ltd., Israel Aerospace Industries Ltd., Lockheed Martin Corporation, Textron Inc., BAE Systems, AeroVironment Inc., and AeroVironment Inc.

 

COVID-19 Scenario analysis:

  • Due to COVID-19 situation, the research & development in military drone companies across the globe has been hampered because of the declared lockdowns and government restrictions on public gatherings.
  • As governments spending shift towards economic recovery due to COVID-19 pandemic, industries may experience reduction in quantity of order for military drones.
  • Production rate of military drone making companies have been affected adversely due to COVID-19 situation. 
  • Cancellation of several military exercises between nations and reduction in military activities worldwide due to COVID-19 has been impacting adversely to military drones market as demand relevant spare parts is also low.
  • Post COVID-19, military drones market can see a significant growth as several countries have either already ordered or planning to procure military drones for their forces.

Top impacting factors: market scenario analysis, trends, drivers and impact analysis

Rise in use of drones for combat missions, increase in the role of military drones for ocean surveillance and cost effectiveness as compared to manned aircraft are the factors which drive the military drones market. However, lack of skilled manpower for operating the drones may hamper the military drones market. Although technological advancements such as increase in endurance limit can be opportunistic for the military drones market.

Rise in use of drones for combat missions

Countries such as USA, Israel, and China are widely using drones for military activities. At instance, USA killed Iranian general Qassem from MQ-9 Reaper drone on January 2020. Israel is reportedly conducting several operations using military drones. Further, India have ordered more than 50 combat drones from Israel and there are ongoing discussions with USA for procurement of long-range drones. Hence, rising use of drones worldwide will generate significant demand in the future.

Increase in use of drones for ocean surveillance

Low operational cost when compared with the manned surveillance aircraft and high endurance limit of military drones have resulted in increase of drones for maritime ocean surveillance, which is also expected to affect the growth of military drones market positively.

Key segments covered:

                    Segments

                                 Sub-segments

  Type

  • Fixed Wing
  • Rotary Wing
  • Hybrid

  Range

  • Visual Line of Sight (VLOS)
  • Extended Visual Line of Sight (EVLOS)
  • Beyond Line of Sight (BLOS)

  Application

  • Intelligence, Surveillance, Reconnaissance, and Target Acquisition (ISRT)
  • Delivery and Transportation
  • Combat Operations
  • Battle Damage Management

  Propulsion

  • Battery Powered
  • Fuel Cell
  • Hybrid Cell

  Endurance

  • Up to 2 Hours
  • 2 to 6 Hours
  • More than 6 Hours

  Maximum Take-off Weight

  • Less than 25 Kilograms
  • Between 25 to 150 Kilograms
  • More than 150 Kilograms

  Launching Mode

  • Vertical Take-off
  • Automatic Take-off and Landing
  • Catapult Launcher
  • Hand Launched

 

Key benefits of the report:

  • This study presents the analytical depiction of the military drones industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the military drones market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the military drones market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed military drones market analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the military drones market research report:

  • Which are the leading market players active in the military drones market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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