Target drones Market Analysis & Forecast 2027

1. (/) HTOaMEr(g/)ePRtESDSrREoLEnASeEsS(/PMRSEeSaSar-rRckEhLeREAetSpEo-r2t.sHTML) REPORTSS(/iTgOnPIn-M(hAtRtpKsE:/T/w-RwEwP.OmRaTrkSe.AtsSaPn)dmCaArkReEtsE.cRo(m/C/sAiRgnEiEnR.a.sApS)P) CONTACTUS (/CONTACTUS.ASP)RESOURCECENTER ABOUTMNM HOME(/)›PRESSRELEASES(/PRESS-RELEASE-2.HTML)›TargetDronesIndustryworth$6.4 billionby2027 7500+COMPANIESWORLDWIDEAPPROACHUSEVERYYEARFORTHEIRREVENUEGROWTHINITIATIVES KNTOaWrMgOeRtEDr(/oKnnowelesdgIenstodreu.asspt)ryworth$6.4billionby2027 VIEWFULLTABLEOFCONTENTS(HTTPS://WWW.MARKETSANDMARKETS.COM/MARKET-REPORTS/TARGET- DRONE-MARKET-115334135.HTML) METHODOLOGY(HTTPS://WWW.MARKETSANDMARKETS.COM/MARKET-REPORTS/TARGET-DRONE-MARKET- 115334135.HTML) DOWNLOAD PDF(/PDFDOWNLOADNEW.ASP?ID=115334135) Accordingto a research report "Target dronesMarket (https://www.marketsandmarkets.com/Market- Reports/target-drone-market-115334135.html)byEnd-useSector(Defense,Commercial),EndUse(Aerial Targets, Ground Targets,Marine Targets),Application, Modeof Operation,Payload Capacity,Build, Target Type,Engine Type, Speed, Type and Region - Global Forecastto 2027" published by MarketsandMarkets, the Targetdrones Market is projected to grow from USD 4.5 billion in 2022 to USD 6.4 billion by 2027, at a CAGR of 7.4%from 2022 to 2027.The advent of target drones in terms of compact designs and recovery systems, is one of themajor driving factor for the demand of target drones market. Browse 177 marketdata Tablesand 50Figures spreadthrough 201Pages andin-depth TOCon "Target drones Market by End-use Sector (Defense, Commercial), End Use (Aerial Targets, Ground Targets, Marine Targets),Application, Mode ofOperation, Payload Capacity,Build, TargetType, EngineType, Speed, Type andRegion - Global Forecast to 2027" ViewdetailedTableofContenthere-https://www.marketsandmarkets.com/Market-Reports/target-drone-market- 115334135.html(https://www.marketsandmarkets.com/Market-Reports/target-drone-market-115334135.html) Bypayload(https://www.marketsandmarkets.com/PressReleases/satellite-payload.asp)capacity,the Medium(20 kg to 40 kg) segment is expected to leadthe market during the forecast period On the basis of payload capacity, the target drones market hasbeen segmented into high (>40 kg), medium (20 kg to 40 kg), and low (<20 kg). Owing to the growing applications of these target drones, they are equipped with payloads such as identification friend or foe, passive & active radar augmentation, infrared augmentation, and electronic payloads, among others. The use of target drones in applications such as target & decoy, reconnaissance, and combat trainingrequires additional componentsto make themmore effective inoperations. These target drones are equipped with passive & active radar augmentation, electronic payloads, GPS navigation, and several types of cameras. With the increasingefforts to make military training more realistic,these payloads areused to help drones perform functions in the above-mentioned applications Bymode of operation, the remotely piloted segment has the highest share inthe forecasted period Weuse cookies to enhance your experience. By continuing to visit this site youagree to our use of cookies .More info (https://www.marketsandmarkets.com/Privacy-12.html). X

2. peration, the target drones market has been segmented into autonomous, remotely ted. With growing advancements in connectivity technology, target drones can be nomouslywith preprogrammedfunctions. Sometarget dronesare designedwith the o(/)ption of both, remote as well as autonomous operation.These are known as optionally piloted drones. Most target drones that are currently being developed are remotely piloted.These drones offer better control and mitigate the HrOisMkEs(/o)fpPRroESgSraRmELEfaAiSluESre(/PthREaStSis-REpLrEeAvSaEl-e2n.HtTiMnL)auRtoEPnOoRmTSoSu(/iTgsOndPIn-rMo(hAntRtepKssE:./T/w-RwEwP.OmRaTrkSe.AtsSaPn)dmCaArkReEtsE.cRo(m/C/sAiRgnEiEnR.a.sApS)P) CONTACTUS(/CONTACTUS.ASP) Jetenginessegment hasthehighest shareinthe forecastedperiod On the basis of the engine type, the target drones market has been segmented into internal combustion (IC), jet, and others (electric motors, microturbine engines, and free-flying). Based on engine type, the jet engines segment led the target drones market in 2022. This segment was valued at USD 3494 million in 2022 and is projected to reach USD 5090 million by 2027, recording the highest CAGR of 7.8% from 2020 to 2027 . The segment is expected to lead the market, as most target drones are powered by jet engines, which have a higher power-to- weightratio compared to IC engines. NorthAmericahasthehighest shareintheforecastedperiod. The North America Unmanned Aerial Target market is projected to grow at the highest rate of 7.8% during the forecast period. The US navy is focusing on the development of UAVs that can be integrated with its naval fleet. In August 2018, Boeing was awarded a contract worth USD 805 million to develop and build the MQ-25, an aerial refueling tanker. Along with the military sector, the commercial sector is also expected to offer growth opportunities for the target dronesmarket during the forecastperiod.According to theFederalAviationAdministration (FAA),the commercial drone fleet of the US is expected to grow from 42,000 drones in 2016 to about 442,000 drones by 2021. Key players in the target drones market include QinetiQ Group plc (UK), Kratos Defense & Security Solutions, Inc. (US), Airbus Group (Netherlands), Northrop Grumman Corporation (US), and Boeing Company (US). The players are largely focused on new product development and launches, and having a strong global presence will help them gain a competitive advantage inthe target drones industry.These companiesare concentrating their efforts on breaking intonew marketsby launchingtechnologically superiorand cost-effectiveplatforms andinfrastructure solutions. These companies, in addition to new product releases and advances, have adopted partnership, contractsand agreement strategy. Don’t miss out on business opportunities in Target drones Market.Speak to our analyst and gain crucial industry insights that will help your business grow. (https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=115334135) AboutMarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approachMarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants(Positioning top players across leaders, emerging companies, innovators, strategic players) Onthebasisofmodeofo piloted,andoptionallypilo operatedremotelyorauto Weuse cookies to enhance your experience. By continuing to visit this site youagree to our use of cookies .More info (https://www.marketsandmarkets.com/Privacy-12.html). X

3. mergingsegments. MarketsandMarkets™is determinedto benefitmore than10,000 eirrevenue planningand help themtake their innovations/disruptionsearly to themarket hahead of the curve. (M/)arketsandMarkets’s flagship competitive intelligenceand market research platform,"Knowledgestore" connects over200,000 markets and entire value chains for deeper understanding of the unmet insights along with market annuallyinhighgrowthe companiesthisyearforth byprovidingthemresearc HsOizMiEng(/)anPRdEfSoSreREcLaEsAtSsEoSf(/nPRicEhSeS-RmEaLErkAeSEts-2..HTML) REPORTSS(/iTgOnPIn-M(hAtRtpKsE:/T/w-RwEwP.OmRaTrkSe.AtsSaPn)dmCaArkReEtsE.cRo(m/C/sAiRgnEiEnR.a.sApS)P) CONTACTUS(/CONTACTUS.ASP) Contact: Mr. Aashish Mehra MarketsandMarkets™INC. 630DundeeRoad Suite430 Northbrook,IL60062 USA:1-888-600-6441 sales@marketsandmarkets.com(mailto:sales@marketsandmarkets.com) ReportCode AS5186 PRPublishedON 7/21/2022 □ REQUESTFREESAMPLE REPORT(/requestsampleNew.asp?id=115334135) CHOOSELICENSETYPE Single User - $4950 CorporateLicense-$8150 BUYNOW(/Purchase/purchase_reportNew.asp?id=115334135) Request NewVersion(/RequestNewVersion.asp?id=115334135) Inquire BeforeBuying(/Enquiry_Before_BuyingNew.asp?id=115334135) Weuse cookies to enhance your experience. By continuing to visit this site youagree to our use of cookies .More info (https://www.marketsandmarkets.com/Privacy-12.html). X

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