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Target Drone - Global Market Outlook (2018-2027)

Target Drone - Global Market Outlook (2018-2027)

4.9 (38 reviews)
Published: April 2020 ID: SMRC19097
4.9 (38 reviews)
Published: April 2020 ID: SMRC19097

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Target Drone Market is accounted for $4.47 billion in 2018 and is expected to reach $11.06 billion by 2027 growing at a CAGR of 10.6% during the forecast period. Some of the main factors propelling the market growth are increased emphasis on military training and growing military expenditure. However, lack of well-trained professionals is the restraining factor for the growth of the market.

Target drones are remote controlled unmanned aerial vehicles (UAVs) and used for training individuals in anti-aircraft crew. They are used military training and tests for anti-aircraft warfare. They are used as ground target, arial target, underwater target, and sea surface target. Target drones are also used to test weapon calibration, anti-missile and anti-submarine training sessions.

By end user, the defense segment is expected to grow at a significant market share during the forecast period since target drones are extensively military trainings in the defense sector. Target drones are also used for missile and weapon calibration testing. On the basis of geography, North America is anticipated to hold considerable market share during the forecast period owing to the increasing defense expenditure in training programs and the rise in budget allocated for procurement of target drones in the U.S.

Some of the key players in Target Drone Market include Lockheed Martin Corporation, The Boeing Company, Northrop Grumman Corporation, Air Affairs Australia Pty Ltd, Leonardo S.P.A., Qinetiq Group PLC, ASV Global, Kratos Defense & Security Solutions Inc, Saab AB, Airbus Group, Aerotargets International LLC, and BSK Defense S.A.

Platforms Covered:
• Underwater Targets
• Sea Surface Targets
• Ground Targets
• Aerial Targets

Engine Types Covered:
• Jet Engines
• Internal Combustion Engines
• Wankel Engine
• Turbojet Engines
• Piston Engine
• Turboprop
• Other Engine Types

Target Types Covered:
• Free Flying
• Full-Scaled
• Sub-Scaled
• Sporting
• Towing

Fits Covered:
• Customized Fit
• Linefit

Types Covered:
• Supersonic
• Drones
• Decoy

Speeds Covered:
• 130-464 kmph (82-290 mph)
• 46—103 m/s (89 - 200 knots) (165 - 370 km/hr)

Payloads Covered:
• Passive And Active Radar Augmentation
• Internally Stored Chaff
• Identification Friend-Or-Foe (IFF)
• Infrared (IR) Augmentation (Plume Pods)
• Flares
• Scoring (Vector And Scalar)
• Electronics Payloads

Dimensions Covered:
• >10*>10
• 6-10*4-10
• 6-10*1-3m
• 4-6*1-2m
• 4-6*4-6m
• <4*<4m

Weights Covered:
• Class 1 (<150KG)
• Class 2 (150-600KG)
• Class 3 (>600KG)

Applications Covered:
• Target Acquisition
• Reconnaissance
• Combat Training
• Target & Decoy
• Surveillance & Identification

End Users Covered:
• Homeland Security
• Defense
• Commercial
• Science Research
• Aerospace

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China        
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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