Military Surveillance Drones Market Highlights
Market research future published a cooked research report on global Military surveillance drones market. The global market for global Military surveillance drones market is expected to grow from USD 2083.0 Million in 2016 to USD 4549.4 Million in the year 2023, at the CAGR of 11.96 %.
ilitary drones are powered aerial vehicles that do not carry human operators and can fly autonomously and remotely. These drones are largely being used for intelligence, surveillance, and reconnaissance (ISR) missions. The drones can stay in air for hours or days at a time, and their high-tech cameras can scan a wide geographic area required for surveillance. Such drones are procured by several countries for monitoring their national and sea borders.
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The global military surveillance drones market is a very dynamic market and is expected to witness high growth over the forecast period. The growth of military surveillance drones market is influenced by the internal and external security threats, increasing need for border monitoring, and development of next generation drones. However, the growth of this market is expected to be restrained by the issues associated with data processing and low endurance and flight range.
The key players of global Military surveillance drones market includes Boeing (U.S.), Airbus Corporation (Netherlands), Lockheed Martin (U.S.), Northrop Grumman Corporation (U.S.), Thales Group (France), Elbit Systems Ltd (Israel), Saab Group (Sweden), Israel Aerospace Industries Ltd. (Israel), AeroVironment, Inc. (U.S.) and General Atomics (U.S.).
Market Research Analysis:
Based on type, the micro/Nano is expected to grow at the highest CAGR. The micro/Nano surveillance drones are the smallest of all drones. These drones are very affordable owing to their small size. Micro drones can either be remotely controlled or some possess cameras and can fly autonomously. These small systems allow remote observation of hazardous environments that are inaccessible to the ground vehicles. As a result, these systems witness a high demand from the defense authorities, across the globe.
Based on payload, the Electro-Optic/Infrared Sensor segment will account for the largest market share with 29 % in the global Military surveillance drones market. Electro-optical payloads are the sensors that enable unmanned vehicles to sense and avoid obstacles, detect movement, navigate accurately, find the enemy, and warn of the potential for buried improvised explosive devices.
Scope of the report
This study provides an overview of the global Military surveillance drones market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Military surveillance drones market by its type, payload and region.
- Fixed Wing
- Micro/ Nano
- Electro-Optic/Infrared Sensor
- Electronic Intelligence
- Maritime Patrol Radar
- North America
- Asia Pacific
- Rest of the World
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Of all regions, North America region is expected to dominate the global Military surveillance drones market. The growth of the region can be attributed to the increased applications of the unmanned aerial vehicles (UAVs) in military, homeland security, and commercial areas. The region also leads the global market in terms of expenditure and technological advancements, and has a large number of deployments of UAVs in vulnerable regions. Thus, the US generates a very high demand for the surveillance drones. Although, Canada and Mexico make some investments in the development of the drones, yet the market is primarily dominated by the US.
Scope Of Report
The report for Global Military surveillance drones 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.
Table Of Contents :
1 Executive Summary
2.2 Scope of the Study
2.4 Market Structure
2.5 Key Takeaways
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
List of Tables
Table 1 Market Synopsis
Table 2 Major Granted Patents on Military Surveillance Drones (September 12, 2012 – September 12, 2017)
Table 3 Global Military Surveillance Drones Market, by Type, 2015-2023 (Usd Million)
Table 4 Global Military Surveillance Drones Market, by Payload, 2015-2023 (Usd Million)
Table 5 Global Military Surveillance Drones Market, by Region, 2015-2023 (Usd Million)
Table 6 North America: Military Surveillance Drones Market, by Country, 2015-2023 (Usd Million)
Table 7 North America: Military Surveillance Drones Market, by Type, 2015-2023 (Usd Million)
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