The Target Drones market size is projected to reach a CAGR of 7.8% from 2022 to 2028.
Target drones are drones which are unmanned vehicles that are generally used for combat training against manned and unmanned threats, destruction tests on decoys that simulate behaviour of real threats, and testing and development of military systems. These offer a cost-effective substitute to equipment and systems used by military forces across various countries. Target drones are very identical to unmanned aerial vehicles.
The advantages offered by the targeted drones offered over the conventional drones are some of the factors that have supported long-term expansion for Target Drones Market.
Asia Pacific is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the increased defence budgets and expenditure along with the cross-border tension.
Insights are provided for each region and major countries within the regions
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Report Feature |
Descriptions |
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Growth Rate |
CAGR of 7.8% during the forecasting period, 2022-2028 |
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Historical Data |
2019-2020 |
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Forecast Years |
2022-2028 |
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Base Year |
2021 |
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Units Considered |
Revenue in USD billion and CAGR from 2022 to 2028 |
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Report Segmentation |
End-use Sector, End Use, Application, Mode of Operation, Payload Capacity, Build, Target Type, Engine Type, Speed, Type and region. |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
Airbus S.A.S., BAE Systems plc, Denel Dynamics, Embention, Griffon Aerospace, Leonardo S.p.A., Lockheed Martin Corporation, Northrop Grumman Corporation, Qinetiq Group plc, and The Boeing Company. |
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Available Customization |
In addition to the market data for Target Drones Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Target Drones Market is segmented into End-use Sector, End Use, Application, Mode of Operation, Payload Capacity, Build, Target Type, Engine Type, Speed, Type and region.
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