Military Drones Market Global Industry Outlook, Opportunity Analysis and Forecast 2018-2025
Military Drones Market is projected to grow from US$ 12.1 Billion in 2018 to US$ 26.8 Billion by 2025, at a CAGR of 12.00% during the forecast period. Unmanned Aerial Vehicles (UAVs), also known as drones, are remotely piloted aerial vehicles, which are increasingly being used in the defense sector for a number of applications such as border surveillance, monitoring, surveying and mapping, combat operations, and product delivery.
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North American region is expected to lead the military drones market in 2018. The US and Canada are key countries considered for the market analysis in this region. Increase in defense expenditures of the US and Canada and the presence of major UAV manufacturers in North America are key factors contributing to the growth of the military drones market in this region.
The Study Objectives of this report are:
- To forecast sizes of various segments of the military drones industry with respect to 5 major regions, namely, North America, Europe, Asia Pacific, the Middle East, Latin America, and Africa, along with major countries in each of these regions
- To identify and analyze key drivers, opportunities, and challenges influencing the growth of the military drones indystry across the globe
- To identify industry trends, market trends, and technology trends that are currently prevailing in the military drones industry
- To analyze the degree of competition in the military drones market by identifying the key market players
- To identify the detailed financial position, key products, and key developments of leading companies operating in the military drones industry
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Top Key Players in the “Military Drones Market” include are
- General Atomics Aeronautical Systems Inc.(GA-ASI)(US)
- Northrop Grumman Corporation (US)
- Elbit Systems Ltd.(Israel)
- Israel Aerospace Industries Ltd.(Israel)
- Aero Vironment Inc.(US)
- Lockheed Martin Corporation (US)
- Thales Group (France)
- Boeing (US
Reason to buy this report:
The military drones market report focuses on various levels of analyses—industry analysis, market share analysis of top players, and company profiles. These insights together comprise and discuss basic views on the competitive landscape;high-growth regions and countries and their respective regulatory policies; and drivers, opportunities, and challenges influencing the growth of the military drones market.
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