Global Target Drone Market is expected to reach $11.06 billion by 2027 growing at a CAGR 10.6% during 2018 to 2027.

Jun 5, 2020

Some of the key players in Target Drone Market include Lockheed Martin Corporation, The Boeing Company, Northrop Grumman Corporation, ASV Global, Kratos Defense & Security Solutions Inc, Saab AB, Airbus Group, Aerotargets International LLC, and BSK Defense S.A.

Gaithersburg, Maryland, United States - June 6, 2020 /MarketersMedia/ —

Some of the main factors propelling the market growth are increased emphasis on military training and growing military expenditure. However, lack of well-trained professionals is the restraining factor for the growth of the market.

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Target drones are remote controlled unmanned aerial vehicles (UAVs) and used for training individuals in anti-aircraft crew. They are used military training and tests for anti-aircraft warfare. They are used as ground target, arial target, underwater target, and sea surface target. Target drones are also used to test weapon calibration, anti-missile and anti-submarine training sessions.

By end user, the defense segment is expected to grow at a significant market share during the forecast period since target drones are extensively military trainings in the defense sector. Target drones are also used for missile and weapon calibration testing.

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On the basis of geography, North America is anticipated to hold considerable market share during the forecast period owing to the increasing defense expenditure in training programs and the rise in budget allocated for procurement of target drones in the U.S.

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Platforms Covered:
• Underwater Targets
• Sea Surface Targets
• Ground Targets
• Aerial Targets

Engine Types Covered:
• Jet Engines
• Internal Combustion Engines
• Wankel Engine
• Turbojet Engines
• Piston Engine
• Turboprop
• Other Engine Types

Target Types Covered:
• Free Flying
• Full-Scaled
• Sub-Scaled
• Sporting
• Towing

Fits Covered:
• Customized Fit
• Linefit

Types Covered:
• Supersonic
• Drones
• Decoy

Speeds Covered:
• 130-464 kmph (82-290 mph)
• 46—103 m/s (89 - 200 knots) (165 - 370 km/hr)

Payloads Covered:
• Passive And Active Radar Augmentation
• Internally Stored Chaff
• Identification Friend-Or-Foe (IFF)
• Infrared (IR) Augmentation (Plume Pods)
• Flares
• Scoring (Vector And Scalar)
• Electronics Payloads

Dimensions Covered:
• >10*>10
• 6-10*4-10
• 6-10*1-3m
• 4-6*1-2m
• 4-6*4-6m
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Source URL: https://marketersmedia.com/global-target-drone-market-is-expected-to-reach-1106-billion-by-2027-growing-at-a-cagr-106-during-2018-to-2027/88961331

Source: MarketersMedia

Release ID: 88961331

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