Target Drone Market is expected to reach US$ 7.69 billion by 2031 | Major key players - Lockheed Martin Corporation, HELLA GmbH & Co. KGaA, Northrop Grumman Corporation, The Boeing Company

Market Size and Forecast:

The Global Target Drone Market size 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 refers to the global industry focused on the design, manufacturing, and deployment of unmanned aerial or sea-based systems used as simulated targets for military training and weapons testing. These drones replicate enemy aircraft, missiles, or naval threats to evaluate defense systems, radar performance, and combat readiness. The market includes hardware, software, launch systems, maintenance services, and upgrades, serving defense forces, research organizations, and aerospace companies worldwide.

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Recent Key Developments of United States:

✅ February 2026: The US Air Force announced expanded live-fire drills using recoverable target drones, boosting annual procurement by 15%.

✅ January 2026: Lockheed Martin tested AI-integrated target drones at Eglin AFB, simulating hypersonic threats for F-35 integration exercises.

✅ December 2025: Kratos Defense secured a $50M deal to supply BQM-177A subsonic drones to the US Navy, focusing on electronic warfare simulation upgrades.

✅ November 2025: The US DoD awarded a major contract to Northrop Grumman for next-gen high-speed target drones, enhancing missile defense training amid rising Pacific tensions.

Recent Key Developments of Japan:

✅ February 2026: The SDF approved funding for maneuverable drones replicating Chinese J-20 threats, with a projected market rise to USD 205M by 2033.

✅ January 2026: Japan and US conducted joint exercises featuring shared target drone tech, focusing on swarm defense capabilities.

✅ December 2025: NEC Corporation unveiled AI-enhanced target drone prototypes at a Tokyo defense expo, targeting SDF anti-air training needs.

✅ November 2025: Japan's Ministry of Defense initiated procurement for stealth target drones under its 2026 budget, emphasizing domestic production by Mitsubishi Heavy Industries.

List of the Key Players in the Target Drone Market:

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
Kratos Defense & Security Solutions, Inc.

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This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Segments Covered in the Target Drone Market:

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 Analysis:

⇥ 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)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Target Drone market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Target Drone Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Target Drone market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Target Drone Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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People Also Ask:

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