Press release
Military Drone Market is expected to grow at a CAGR of around 8% during 2016-2021
Global Military Drone Market by Payload Type (C4I, Electro-optic, Radar, Electronic Warfare, Sonar, Camera, SI and CI), by Drone Type (MALE, HALE, TUAVs, UCAVs, Naval UAVs, and SUAVs), and by Geography - Forecast To 2021
Global Military Drone Market ($ billion), 2016-2021
As per the MRFR analysis, factors restraining the market growth are the effect of defense budget cut on the procurement of drones, limitation of endurance and flight range, and issues with battery technology of UAVs.
Market Synopsis of Global Military Drone Market
The Global Military Drone Market is expected to grow at a CAGR of around 8% during 2016-2021. The key factors driving the growth are increased demand of UAVs in military application, integration of drone in the current warfare systems to combat or counter threats, and cost efficient as compared to manned aircraft.
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Study Objectives of Global Military Drone Market
• To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Military Drone Market
• To provide insights about factors affecting the market growth
• To analyse the Global Military Drone Market based on various factors- price analysis, supply chain analysis, porter’s five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
• To provide country-level analysis of the market with respect to the current market size and future prospective
• To provide country-level analysis of the market for segment by payloads and drone type
• To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market
• To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Military Drone Market
Key Players
Some of the key players in the Global Military Drone Market are AeroVironment, General Atomics Aeronautical Systems, Israel Aerospace Industries, Lockheed Martin, Northrop Grumman, AAI Corporation – Textron Systems, Aeryon Labs Inc., American Dynamics, BAE Systems, and Boeing
Target Audience
• Military Drone OEMs
• System/Equipment Suppliers
• Government Bodies
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager
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The market report for Global Military Drone Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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We are thankful for the support and assistance from Global Military Drone Market Research Report – Forecast 2016-2021 related technical experts and marketing experts during Research Team survey and interviews.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Media Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
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+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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