Military Drone/Unmanned Aerial
Vehicle Market
Military Drone/Unmanned Aerial Vehicle Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Military Drone/Unmanned Aerial Vehicle Market Size and Growth
The Military Drone/Unmanned Aerial Vehicle market is experiencing significant growth, driven by increased defense budgets and advancements in technology. As of 2023, the market is valued at approximately $10 billion, with projections suggesting continued expansion due to rising demand for surveillance and reconnaissance capabilities across various military operations.
Companies Covered
(Covid 19 Impact Covered)
◍ Aerovironment
◍ Airbus Defense & Space SAS
◍ BAE Systems
◍ Bluebird Aero Systems
◍ Boeing
The military drone market features key players like Aerovironment, Boeing, and General Atomics, driving innovation with advanced UAV technologies. Companies develop versatile drones for surveillance and combat, contributing to market growth through enhanced capabilities. Notable sales revenues include Boeing's $3 billion in defense and Aerovironment's $300 million in recent fiscal reports.
◍ China Aerospace Science & Technology Corporation
◍ Dassault Aviation SA
◍ Dragonflyer
◍ Elbit Systems
◍ General Atomic Aeronautical Systems
◍ Israel Aerospace Industries
◍ Korea Aerospace Industries
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Market Segmentation
By Application
Military & Defense
Aerosapce
Government
Others
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By Product
Fixed Wing Drone
Rotray Blade Drone
Hybrid Drone
Market Growth
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$ X Billion USD
