Military Drone Market Overview and Growth Opportunities by Top Companies: AeroVironment, General Atomics Aeronautical Systems,Lockheed Martin, Textron Systems,BAE Systems

MarketResearchFuture Adds “Military Drone Market - Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast” To Its Research Database.

Description:
This report studies Military Drone in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, and forecast to 2023

This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering

Some of the top-notch market players profiled in the report by MRFR are General Atomics Aeronautical Systems Inc. (U.S.), Lockheed Martin (U.S.), AAI Corporation – Textron Systems (U.S.), American Dynamics (U.S.), BAE Systems (U.K), AeroVironment Inc. (U.S.), Israel Aerospace Industries Ltd. (Israel), Northrop Grumman Corporation (U.S.), Aeryon Labs Inc. (Canada), and, Boeing (U.S.).

European aerospace giant Airbus has signed a deal on behalf of German defense ministry to lease five Heron TP drones from Israel. The leased drones will replace Heron 1 unmanned aircraft deployed for surveillance in Afghanistan and Mali. The deal signed is estimated to be worth around USD 1.2 Bn. The deal had been a topic of discussion among German parliamentarians since a year and has been finally approved on terms that the arming the drones will require a separate law. Israeli Prime Minister, Benjamin Netyanhu, lauded the decision calling it a remarkable contribution to the Israeli security industry and to the Israeli economy.

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Segmentation

The global military drone market is segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Payload Type: Comprises Sensors, Camera, Navigation Systems and Others
Segmentation by Drone Type: Comprises MALE, HALE, TUAV, UCAV and SUAV
Segmentation by Applications: Comprises Spying, Search and Rescue, Border Security, and Combat
Segmentation by Regions : Comprises Geographical regions - North America, Europe, Asia-Pacific, Middle East & Africa and South America.

Regional Analysis:
By region, the market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and, South America. North America market will see exponential growth during the forecast period due to its early adoption of the technology coupled with considerable investments in research & development activities directed towards the advancement of the existing technology. The U.S. is a major contributor in this region both in terms of demand and supply. It has widened the application of its military drones for fighting terrorism as well as for internal law enforcement. The market in Europe holds the second spot with respect to market share and control. The frequent terror attacks in this region has fueled the demand for military drones for safeguarding its people. Another factor responsible for the growth of the market in this region is the usage of drones in diverse environments and high-risk roles such as weather monitoring.

Asia Pacific market is poised to witness tremendous growth due to large-scale adoption of military drones. The cross-border conflicts among the nations are propelling the demand for military drones in this region. Moreover, the presence of emerging economies such as India and China are accelerating the use of this technology in this region. The Middle East & Africa market will see growth with considerable contribution from players in countries such as Israel. The demand in this region is set to grow across the projection period.

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