Target Drone Market Size To Hit US$ 7.5 Billion by 2028 | (CAGR) of 6.3%

The global target drone market size reached US$ 5.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.5 Billion by 2028, exhibiting a growth rate (CAGR) of 6.3% during 2023-2028.

The increasing emphasis on enhanced military training across the globe is creating a positive outlook for the market. Target drone is widely used to replicate the most challenging defense scenarios, such as air strikes, asymmetric threats, missile engagements, fighter aircraft, split target scenarios, and fast incoming attack crafts (FIAC).

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What is Target Drone?

A target drone is an unmanned aircraft specifically designed for use in various military training and testing scenarios. It is equipped with advanced technology that mimics the flight patterns, radar signatures, and electronic countermeasures of actual threats, which is essential for training military personnel in a controlled yet authentic environment. It offers a cost-effective alternative to actual aircraft or missiles as targets during training exercises to allow armed forces to conduct more frequent and extensive training exercises without straining their budgets. It enhances safety in military training exercises by eliminating the risks associated with using human pilots or crew members as targets. It plays a crucial role in evaluating the performance of weapon systems, including anti-aircraft missiles and air defense systems. It emits electronic signals and jamming techniques, simulating the tactics used by modern adversaries to enable military personnel to train in countering electronic warfare threats, enhancing their readiness for real-world scenarios. It is utilized to simulate the behavior of enemy aircraft or missiles, allowing armed forces to train their personnel, test weapon systems, and evaluate the effectiveness of their air defense systems. As it can collect valuable information during training missions, which can be analyzed to assess the performance of the military units, leading to improvements in tactics, techniques, and procedures, the demand for target drone is rising across the globe.

What are the growth prospects and trends in the industry?

At present, advancements in military technology, including radar systems, guided missiles, and air defense systems, represent one of the key factors supporting the growth of the market. Besides this, military forces are recognizing the importance of maintaining a high level of readiness to respond to emerging threats. Target drones play a pivotal role in providing realistic training scenarios for personnel across various branches of the military. The rising need for effective training is catalyzing the demand for target drones that can replicate the behavior of potential adversaries. Moreover, the development and testing of weapon systems, such as anti-aircraft missiles and air-to-air missiles, require suitable targets for evaluation. Target drones serve as valuable tools for testing and validating the effectiveness of these weapon systems, which is propelling the market growth. In addition, the growing demand for target drones equipped with electronic warfare capabilities, including jamming techniques and signal emission, to train military personnel for dealing with electronic warfare scenarios is offering a favorable market outlook. Apart from this, increasing international tensions and regional conflicts are prompting numerous countries to enhance their defense capabilities around the world. This, in turn, is leading to the rising investment in military training and preparedness, subsequently strengthening the growth of the market. Additionally, innovations in drone technology, including improved propulsion systems, enhanced autonomy, and more sophisticated sensors, are making target drones more capable and adaptable. These technological advancements enable target drones to better simulate the behavior of real threats, which is bolstering the market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Fit Type:

• Line Fit
• Retro Fit

Breakup by Engine Type:

• Internal Combustion Engine
• Jet Engine
• Others

Breakup by Mode of Operation:

• Autonomous
• Remotely Piloted

Breakup by Application:

• Combat Training
• Target and Decoy
• Target Identification
• Target Acquisition
• Others
Breakup by End Use:
• Defense
• Commercial

Market Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Who are the key players operating in the industry?

• Air Affairs Australia
• Airbus SE
• Denel Dynamics
• Embention
• Griffon Aerospace
• Kratos Defense & Security Solutions Inc.
• Leonardo S.p.A.
• Lockheed Martin Corporation
• Northrop Grumman Corporation
• QinetiQ and Saab AB.

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