Press release
Target Drone Market | Business Growth, Development Factors, Current and Future Trends till 2031 | Husqvarna AB Kesla Oyj Liebherr-International Deutschland GmbH
Target Drone Market
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Based on end-user, the defense segment held a considerable share in the target drone market in 2021. The rising adoption of target drones by the defense forces across the globe for simulating real combat enemy air-to-air or air-to-ground missiles is a key factor driving the growth of this market segment. Additionally, many defense forces are purchasing target drones to increase the safety of their people and for weapons training. For instance, in January 2022, India signed a $12.9 million contract with defense firm Anadrone Systems for 125 manoeuvrable expendable aerial targets (MEAT) and associated equipment for the country's armed forces. The aerial targets to be purchased by the Indian military are expected to provide more realistic training for soldiers, particularly in weapons platforms such as missiles and gun systems.
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• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others
Global Target Drone Market Report by Segment
By Target
• Aerial Target
• Ground Target
• Marine Target
By Mode of Operation
• Autonomous Target Drone
• Remotely Operated Target Drone
By End-User
• Defense
• Commercial
Global Target Drone Market Report by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
The Report Covers
• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global target drone market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.
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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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