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Predator Drone Market is thriving worldwide by 2029

09-02-2024 10:15 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

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.

To Request a Sample of our Report on Predator Drone Market: https://www.omrglobal.com/request-sample/predator-drone-market

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.

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

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

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

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/predator-drone-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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