Global Military Gliders and Drones Market 2023-2032 : Demand, Trend, Segmentation, Forecast, Overview And Top Companies Schempp-Hirth Flugzeugbau GmbH, China Aerospace Science and Industry Corporation, Lockheed Martin, Textron Systems, BAE Systems Inc.

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the Military Gliders And Drones market report by The Business Research Company, increasing funding for unmanned aerial vehicles, or drones, is projected to contribute to the growth of the military glider and drone market. The growing requirement for intelligence, surveillance, and reconnaissance assets has generated higher demand for military gliders and drones. The militaries are expected to spend around $98 billion on new intelligence gathering and strike capabilities. According to the Teal Group, global research and development and procurement spending on drones is estimated to rise from $11.1 billion in 2020 to $14.3 billion by the end of 2029. Research and development spending is expected to increase from $3.2 billion in 2020 to $4 billion by 2029, and procurement funding is likely to increase from $7.9 billion in 2020 to $10.3 billion by the end of 2029. Such investments in unmanned aerial vehicles, or drones, are expected to drive the military glider and drone market during the forecast period.

The global military gliders and drones market size will grow from $34.34 billion in 2022 to $37.82 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global military gliders and drones market size is expected to grow to $49.87 billion in 2027 at a CAGR of 7.2%.

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Major competitors in the Military Gliders And Drones market include Schempp-Hirth Flugzeugbau GmbH, China Aerospace Science and Industry Corporation, Lockheed Martin, Textron Systems, BAE Systems Inc., Jonker Sailplanes, Leonardo, Boeing, DG Flugzeugbau GmbH and Aerovironment Inc.

The Military Gliders And Drones market is segmented -
• By Type: Military Gliders, Military Drones
• By Technology: Remotely Operated, Semi-Autonomous, Autonomous
• By Application: Search and Rescue, National Defense, Military Exercises, Others
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Military Gliders And Drones market.

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A military glider is a fixed-wing aircraft that flies using naturally occurring air currents. A military drone is a military unmanned aerial vehicle that is guided remotely or autonomously.

The Table Of Content For The Military Gliders And Drones Market Include:
1. Executive Summary
2. Military Gliders and Drones Market Characteristics
3. Military Gliders and Drones Market Trends And Strategies
4. Military Gliders and Drones Market - Macro Economic Scenario
5. Military Gliders and Drones Market Size And Growth
……….
28. Key Mergers And Acquisitions In The Military Gliders and Drones Market
29. Military Gliders and Drones Market Future Outlook and Potential Analysis
30. Appendix

The "Global Military Gliders And Drones Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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