Predator Drone Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

The main factors driving the predator drone market include intelligence, surveillance, and reconnaissance (ISR) capabilities, the requirement for improved border security, and the growing usage of drones in combat operations. The demand for ISR capabilities is rising as a result of the need to better comprehend the battlefield and the actions and objectives of the enemy. ISR is employed to track calamities and humanitarian emergencies.

Predator drones give military forces improved capabilities for obtaining intelligence, conducting surveillance, and carrying out targeted attacks. They let military forces acquire real-time intelligence, monitor possible threats, and carry out targeted strikes with little risk to human operators due to their capacity to operate across great distances and loiter for extended periods. According to statistics based on information obtained through freedom of information requests by the UK Drone Wars. 42% of all UK aviation missions against Isis and 23% of weapon strikes use drones.

Recent Contracts-

• In June 2023, During the recent visit of the Indian Prime Minister to the US, India, and the US agreed to a $3 billion contract for 31 powerful unmanned aerial predator drones. The Indian military's ability to gather intelligence, conduct surveillance, and find targets would all be improved by the General Atomics MQ-9B High-Altitude Long Endurance UAVs. These drones can be equipped with various payloads that provide electro-optical/infrared(EO/IR) cameras, synthetic aperture radar(SAR), and other sensors. These drones are capable of carrying a variety of payloads, including synthetic aperture radar (SAR), electro-optical/infrared (EO/IR) cameras, and other sensors. These payloads provide real-time surveillance, target tracking, and intelligence gathering by providing high-resolution imagery.

• In June 2023, According to the Indian defense India's military capabilities are greatly enhanced by the MQ-9B Reaper Drone's cutting-edge features, which include long-range endurance, high-resolution sensors, and precision strike capabilities. The military acceptability of H-UAVs in India is substantially impacted by dual capabilities.

• In April 2023, The 'Vertiplane-X3' was unveiled by TechEagle, a private start-up firm that specializes in drone-based logistics, and was marketed as the global fastest hybrid e-VTOL (vertical takeoff and landing) indigenous Unmanned Aerial Vehicle (UAV).

Another factor supporting the market growth includes the growing adoption of strategic initiatives by various market key players that include Atomics Aeronautical Systems Inc., Boeing Company, Northrop Grumman Corporation, Lockheed Martin Corporation, AeroVironment Inc., Textron Inc., Elbit Systems Ltd., Thales Group, Israel Aerospace Industries Ltd., Saab AB, BAE Systems, Shahed Aviation Industries. For Instance, In March 2023, Shahed Aircraft Iran announces the release of the Shahed-191 UAV, a Toyota Tundra model that was modeled after the seized US RQ-170 drone. It was developed using the reverse engineering of a Lockheed Martin RQ-170 Sentinel UAV that Iran had captured. It is one of Iran's two flying wing unmanned aerial vehicles (UAVs) based on the RQ-170, the other being the Shahed-171 Simorgh.

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Market Coverage

· The market number available for - 2022-2030

· Base year- 2022

· Forecast period- 2023-2030

Segment Covered-

· By Type

· By Range

· By Technology

· System

Regions Covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

Competitive Landscape-includes General Atomics Aeronautical Systems Inc., Boeing company, Israel Aerospace Industries Ltd., Qods Aviation Industry Company, Northrop Grumman Corp., and others.

A full Report of Predator Drone Market is Available @ https://www.omrglobal.com/industry-reports/predator-drone-market

Predator Drones Market Report Segment

By Type

· Fixed Wing

· Rotatory wing

· Hybrid

By Range

· Visual Line of Sight

· Extended Visual Line of Sight

· Beyond Line of Sight

By Technology

· Remotely Operated

· Semi-Autonomous

· Autonomous

By System

· Software

· Hardware

· Others

Predator Drones Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

· AeroVironment Inc.

· Aviation Industry Corporation of China (AVIC)

· BAE Systems

· Collins Aerospace.

· Elbit Systems Ltd.

· Hindustan's Aeronautics Ltd.

· Israel Aerospace Industries, Ltd.

· Lockheed Martin Corp

· Northrop Grumman Corp

· Qods Aviation Industry Company

· Rafael Advanced Defense Systems

· Saab AB

· Shahed Aviation Industries.

· Textron Inc.

· Thales Group

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