Target Drone Market: Growth, Trends, and Key Insights for 2025 | Top key players - The Boeing Company, Airbus SE, Leonardo S.p.A.

The latest report published by DataM Intelligence highlights the growth prospects of Target Drone market. The industry expansion is majorly driven by developments in technology across the globe.

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The Global Target Drone Market reached US$ 4.47 billion in 2023 and is expected to reach US$ 7.69 billion by 2031, growing at a CAGR of 7.02% during the forecast period 2024-2031.

The Target Drone Market revolves around the development and use of unmanned aerial vehicles designed to simulate enemy aircraft or missiles during training and testing. These drones help military forces improve combat readiness, weapon accuracy, and defense system efficiency. As defense strategies evolve, the demand for advanced, reusable, and cost-effective target drones continues to grow globally.

Competitive Evaluation:

Companies covered in this report are Lockheed Martin Corporation, HELLA GmbH & Co. KGaA, Northrop Grumman Corporation, The Boeing Company, Airbus SE, Leonardo S.p.A. Safran Electronics & Defense, QinetiQ Group plc, Griffon Aerospace and Kratos Defense & Security Solutions, Inc.

The Target Drone Market analysis identifies a number of major market players. It enables companies to understand the strategies and partnerships used by other industry players to combat market competition. The comprehensive market report provides a fascinating microscopic look at the market. Corporations can detect the footprints of manufacturers by learning about demand, the global price of manufacturers, and the global benefit of manufacturing companies.

Key Development

In August 2023, the Australian Department of Defence chose Lockheed Martin Corporation as its strategic partner for the AIR6500 Phase 1 (AIR6500-1) project. This initiative aims to build an integrated air and missile defense system and underscores the increasing role of unmanned systems and target drones in modern military operations. These technologies are becoming essential for boosting defense readiness and streamlining battlefield strategies.

In February 2023, Northrop Grumman was awarded a contract by the U.S. Marine Corps to develop the Next Generation Handheld Targeting System (NGHTS). This move highlights the growing emphasis on precision targeting-especially in GPS-denied environments-where advanced systems like target drones are vital for both training and real-world missions.

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Target Drone Market Segments

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviors.

By Type: Fixed Wing, Rotary Wing.

By Propulsion: Electric Propulsion, Fuel Propulsion, Hybrid Propulsion.

By Platform: Aerial, Ground, Marine.

By Payload: Less than 10 Kg, 10-30 kg, More than 30 Kg.

By Operation Mode: Remotely Controlled, Autonomous.

By Application: Training, Target and Decoy, Reconnaissance, Others.

Regional Assessment:

Regional analysis includes segmentation based on the geography that accentuates the recent and future demand for Target Drone market across North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The study also focuses on the demand for each application segment over all the prominent regions.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

In terms of geographical analysis, Target Drone Market report provides an in-depth view of:-

∎ Regional level break-up
∎ Leading growth rates
∎ Countries with the largest market share
∎ Market factors
∎ Latest developments
∎ Industry challenges
∎ Regulatory policies
∎ Player strategies

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This report provides a 360-degree synopsis of the competitive scenario of the Target Drone industry. It has enormous awareness joined to the ongoing item and technical improvements in the business sector. It has a thorough analysis of the impact of the potential future development of these headways, a wide-ranging review of those extensions available for future growth.

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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