Target Drone Market Growth | Trends, Size, Share & Forecast 2025 | Top key players - The Boeing Company, Airbus SE, Leonardo S.p.A.

Target Drone Market, as analyzed in the study by DataM Intelligence, presents a detailed overview of the industry with in-depth insights, historical data, and key statistics. The report thoroughly examines market dynamics, competitive strategies, and major players, highlighting their product lines, pricing structures, financials, growth plans, and regional outreach.

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.

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The Target Drone Market refers to the industry focused on unmanned aerial vehicles used for training military personnel, testing weapon systems, and simulating enemy threats. These drones help enhance combat readiness by offering realistic scenarios without risking lives. With rising defense budgets and technological advancements, the demand for reliable, cost-effective target drones continues to grow across the globe.

Major players in the Target Drone Market

The prominent players in Target Drone market research 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 companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.

Key Development

In August 2023, the Australian Department of Defence appointed Lockheed Martin Corporation as its strategic partner for AIR6500 Phase 1 (AIR6500-1), a key initiative aimed at delivering integrated air and missile defense capabilities. This partnership underscores the increasing reliance on unmanned systems and target drones, which are becoming vital tools for modern battlefield preparedness and operational coordination.

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 development highlights the military's growing focus on precision targeting-especially in GPS-denied environments-where target drones play a critical role in both training and combat simulation.

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Market Segments

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.

The Target Drone industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.

Regions Covered:

The global Target Drone Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

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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