Combat Drone Market Size to Reach $13.7 Billion by 2029 | Growth at 9.3% CAGR Forecast

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What is the Projected Market Size of the Combat Drone Industry?
The size of the combat drone market has seen robust growth in the previous years. It is projected to escalate from $8.81 billion in 2024 to $9.61 billion in 2025, with a compound annual growth rate (CAGR) of 9.1%. Factors contributing to the growth during the historic period include military modernization, commercial innovation, evolution of doctrine and strategy, and asymmetric warfare.

What Will Be the Size of the Combat Drone Market by 2029?
In the upcoming years, the combat drone market is projected to witness robust expansion. The market size is predicted to reach $13.7 billion in 2029, exhibiting a compound annual growth rate (CAGR) of 9.3%. Factors contributing to this growth during the forecast period include advancements in artificial intelligence (AI) and autonomy, miniaturization of sensors and payloads, the integration of swarming technology, and the development of stealth and low observable technologies. Notable trends for the forecast duration cover swarming technology, coordination with manned platforms, the utilization of artificial intelligence, and multi-domain activities.

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What Are the Key Drivers Accelerating Growth in the Combat Drone Market?
The expansion of the combat drone market is likely to be fueled by the surging defense sector. The defense sector comprises the enterprise of creating, procuring, and maintaining military hardware, technology, and systems designed for national defense and safety. Larger investments in this sector can potentially lead to significant advancements and the ubiquification of combat drone technology, promoting invention, triggering market demand, and enhancing military unmanned system performance. For example, in August 2024, USAFacts, a non-profit organization based in the U.S., revealed that in 2023, military spending in the U.S. had reached approximately $820.3 billion, making up about 13.3% of the federal budget. The Department of Defense (DoD) proposed a budget of $842.0 billion for 2024 in March 2023, marking a 2.6% increase. Therefore, the surge in defense spending is propelling the growth of the defense market.

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How Is the Combat Drone Market Segmented by Type, Application, and Region?
The combat drone market covered in this report is segmented -

1) By Type: Fixed Wing, Rotary Wing, Hybrid
2) By Launching Mode: Air Launched Effect, Vertical Take-Off, Automatic Take Off And Landing, Catapult Launcher, Hand Launched
3) By Platform: Small, Nano, Micro, Mini, Tactical, Close Range, Short Range, Medium Range, Long Range, Strategic
4) By Application: Lethal, Stealth, Loitering Munition, Reversible, Expendable, Target

Subsegments:
1) By Fixed Wing: Small Fixed Wing Drones, Medium Fixed Wing Drones, Large Fixed Wing Drones
2) By Rotary Wing: Single Rotor Drones, Multi-Rotor Drones (Quadcopters, Hexacopters, Octocopters)
3) By Hybrid: Vertical Takeoff And Landing (VTOL) Drones, Convertiplanes

What Are the Key Trends Driving Growth in the Combat Drone Market?
Leading organizations in the combat drone sector are concentrating on autonomous drone technology in order to meet increasing demand for these devices in various applications such as surveillance, security, and force protection. For example, Anduril Industries, a US defense tech firm, in September 2023, released their advanced model, the Ghost-X system. This system, an enhancement of the previously used Ghost autonomous drone, has a higher payload capacity and a longer flight duration. This improvement in the propulsion system provides it with a capacity to support two batteries, thus doubling its flight duration to approximately 75 minutes and increasing its payload capacity to about 9kg (20 pounds). The Ghost-X also comes with an optional package for extended-range communication, and it can be adjusted to support various types of sensors and payloads, such as a vision-based navigation module and electro-optical gimbals, negating the need for a global navigation satellite system.

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Who Are the Leading Companies Driving Growth in the Combat Drone Market?
Major companies operating in the combat drone market are Raytheon Technologies Corporation, Lockheed Martin Corporation, China Aerospace Science and Technology Corporation, General Dynamics Corporation, Northrop Grumman Corporation, BAE Systems plc, Boeing Defense Space & Security, Textron Inc., Leonardo S.p.A., Rheinmetall AG, Elbit Systems Ltd., Saab AB, General Atomics Aeronautical Systems, Aerojet Rocketdyne, Turkish Aerospace Industries, Baykar Defense, Kratos Defense & Security Solutions, Denel Dynamics, Yuneec International, AeroVironment Inc., Israel Aerospace Industries Ltd., Aurora Flight Sciences, Chengdu Aircraft Industry Group, BlueBird Aero Systems, Icarus Aerospace Industries

Which Is the Leading Region in the Global Combat Drone Market?
North America was the largest region in the combat drone market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the combat drone market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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