Target Drone Market
Target Drone Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Target Drone Market Size and Growth
The target drone market is experiencing significant growth, driven by increased military expenditures and advancements in technology. The market size is projected to reach approximately $6.5 billion by 2028, reflecting a CAGR of around 9% from 2021. Demand is spurred by applications in training, testing, and research activities. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Lockheed Martin Corporation
◍ The Boeing
◍ Northrop Grumman Corporation
◍ Griffon Aerospace
◍ BAE Systems
◍ BSK Defense S.A
◍ Kratos Defense and Security Solutions
◍ Aerotargets International
◍ Rotron Power
◍ Tasuma(UK)
◍ Meggit PLC
◍ RMS s.a. Technology
◍ Denel SOC
◍ Equipaer Industria Aeronautica
◍ Amjet-u Tech
◍ Air Affairs Australia
◍ P.B Aviation
◍ Textron
The target drone market features major players like Lockheed Martin, Boeing, Northrop Grumman, and BAE Systems, offering advanced drones for military training and weapons testing. Their R&D investments and innovative solutions drive market growth. Companies like Kratos and Textron also contribute significantly, enhancing capabilities and expanding market reach through partnerships and technology advancements.
Sales revenue estimates:
- Lockheed Martin: ~$67 billion (2021)
- Boeing: ~$62 billion (2021)
- Northrop Grumman: ~$36 billion (2022)
- BAE Systems: ~$27 billion (2022)
- Kratos Defense: ~$300 million (2021)
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Market Segmentation
By Application
Military
Aerospace
Science Research
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By Product
Piston Engine
Wankel Engine
Turboprop
Turbojet
Market Growth
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$ X Billion USD
