Learn about the global military drones market through The Business Research Company, which provides information on military drones market size, military drones market drivers and restraints, military drones market players, the COVID-19 impact on the military drones market, and more.

The global military drones market size is expected grow from $ 13.31 billion in 2021 to $ 14.19 billion in 2022 at a compound annual growth rate (CAGR) of 6.6%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The military drone market is expected to reach $ 18.30 billion in 2026 at a CAGR of 6.6%.

Increasing government funding on military drones to enhance efficiency in military operations boosts the demand for the production of military drones.

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The military drones market consists of sales of military drones and related services. The military drones are specifically used for military purposes such as border surveillance, battle damage management, combat operations, communication, delivery, and anti-terrorism weaponry.

Global Military Drones Market Segments Include:
By Drone Type: MALE, HALE, TUAV, UCAV, SUAV

By Type: Fixed-Wing, Rotary Wing, Hybrid

By Technology: Remotely Operated, Semi-Autonomous, Autonomous

By Application: Search and Rescue, National Defense, Military Exercises, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in military drones market in 2021.

Drone swarm technology is growing its popularity in the military drones market due to its cost efficiency and high fire-power. Drone swarms are a large group of small drones that coordinate with each other to perform actions such as a survey of enemy territories, search and rescue and attacks on hostile objects. Drone swarm technology involves the production of several small cheap drones than one large expensive drone, therefore offering military drone manufacturers and end-users efficiency in terms of cost and time. With the use of advanced swarm technologies, military and armed forces can effectively carry out lethal drone strikes in multiple places at once.

TBRC’s military drones market report covers:

Major Market Players: Northrop Grumman, Lockheed Martin, Boeing, AeroVironment, General Atomics, Textron, Elbit Systems, Israel Aerospace Industries, Thales, China Aerospace Science And Technology Corporation.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Military Drones Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides military drones market overviews, analyses and forecasts market size, share, military drones market players, military drones market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s military drones market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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