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Combat Drone Market worth $14.25 billion by 2030, growing at a CAGR of 8.46% - Exclusive Report by 360iResearch
Combat Drone Market | 360iResearch
The Global Combat Drone Market to grow from USD 8.06 billion in 2023 to USD 14.25 billion by 2030, at a CAGR of 8.46%.
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Combat drones, also known as unmanned aerial vehicles (UAVs) or unmanned combat aerial vehicles (UCAVs), represent a key advancement in modern military technologies. They are automated, remote-controlled air vehicles that play a vital role in performing highly risky reconnaissance missions, delivering tactical strikes, and conducting defense operations. Combat drones are equipped with sophisticated surveillance systems, GPS, infrared cameras, and sometimes armament for performing precise strikes. Combat drones have gained substantial development due to digitization and automation in defense technology coupled with nations striving to strengthen their defense capabilities. There has been an increase in the demand, particularly for precision, long-endurance capabilities, and forceful strike ability in military operations, which significantly drives growth in this market. However, operational limitations of combat drones have impeded the product adoption. Market players are working on expanding the designs and models of combat drones to address these issues. AI technology allows drones to carry out tasks such as targeting and tracking opponents more effectively, while also avoiding obstacles and enemy fire, increasing their effectiveness on the battlefield.
In the Americas, combat drones represent a significant portion of the defense sector. The U.S. and Canadian military use various types of drones for surveillance, reconnaissance, and combat operations. North America leads global production in this segment, housing some of the world's major drone manufacturers. Asia, specifically China, and India, are rapidly progressing in the drone landscape. China and India are undertaking substantial domestic production of drones, mainly for surveillance. In Europe, the interest and investment in combat drones have significantly amplified over the years. Countries such as the UK, France, and Italy extensively use American and Israeli UCAVs. R&D initiatives such as the nEUROn project indicate Europe's steps towards improving autonomous capabilities. The Middle East presents a diverse picture of combat drone adoption. Israel is a global leader in the drone market, producing renowned models and exporting to numerous countries worldwide. Nations such as Iran and the UAE have started domestic production fuelled by geopolitical tensions. Saudi Arabia and Iraq primarily rely on American and Chinese UCAVs for their operations, focusing less on indigenous production.
Market Segmentation & Coverage:
This research report categorizes the Combat Drone Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Platform, market is studied across Small, Strategic, and Tactical. The Small is projected to witness significant market share during forecast period.
Based on Launching Mode, market is studied across Air Launched Effect, Automatic Take-Off, Catapult Launcher, Hand Launched, and Vertical Take-Off. The Catapult Launcher is projected to witness significant market share during forecast period.
Based on Type, market is studied across Fixed wing, Hybrid, and Rotary wing. The Hybrid is projected to witness significant market share during forecast period.
Based on Application, market is studied across Lethal, Loitering munition, Stealth, and Target. The Loitering munition is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 41.18% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Combat Drone Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Combat Drone Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Combat Drone Market, highlighting leading vendors and their innovative profiles. These include Aerovironment, Inc., Airbus SE, Anduril Industries, Inc., Animal Dynamics Ltd., Asteria Aerospace Limited, Autel Robotics Co., Ltd., BAE Systems PLC, DJI Enterprise, Elbit Systems Ltd., Griffon Aerospace, Israel Aerospace Industries Ltd., Kratos Defense & Security Solutions, Inc., Leidos, Inc., Leonardo S.p.A., Lockheed Martin Corporation, Northrop Grumman Corporation, Rafael Advanced Defense Systems Ltd., Raytheon Technologies Corporation, Robotican Corporation, Saab Group, Safran Group, Shield AI, Skydio, Inc., Teal Drones, Inc., Teledyne FLIR LLC, Textron Systems, Textron Systems Corporation, Thales Group, The Boeing Company, and Volansi, Inc..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Combat Drone Market, by Platform
7. Combat Drone Market, by Launching Mode
8. Combat Drone Market, by Type
9. Combat Drone Market, by Application
10. Americas Combat Drone Market
11. Asia-Pacific Combat Drone Market
12. Europe, Middle East & Africa Combat Drone Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Combat Drone Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Combat Drone Market?
3. What is the competitive strategic window for opportunities in the Combat Drone Market?
4. What are the technology trends and regulatory frameworks in the Combat Drone Market?
5. What is the market share of the leading vendors in the Combat Drone Market?
6. What modes and strategic moves are considered suitable for entering the Combat Drone Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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