IMARC Group’s report titled “Target Drone Market Report by Fit Type (Line Fit, Retro Fit), Engine Type (Internal Combustion Engine, Jet Engine, and Others), Mode of Operation (Autonomous, Remotely Piloted), Application (Combat Training, Target and Decoy, Target Identification, Target Acquisition, and Others), End Use (Defense, Commercial), and Region 2024-2032”. The global target drone market size reached US$ 5.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 8.9 Billion by 2032, exhibiting a growth rate (CAGR) of 5.46% during 2024-2032.
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Factors Affecting the Growth of the Target Drone Industry:
Military Training and Testing:
Military forces require realistic training environments to prepare personnel for combat scenarios. Target drones play a crucial role by simulating enemy aircraft, missiles, and other threats, allowing defense forces to practice interception, tracking, and engagement strategies. The effectiveness of modern weapon systems, such as missile defense and anti-aircraft systems, is also tested using target drones, ensuring they perform optimally in real-world situations. Additionally, the growing need for advanced training tools that can replicate a variety of hostile scenarios is offering a favorable market outlook. Target drones provide a cost-effective and safe alternative to live exercises with manned aircraft, making them indispensable in modern military training and weapon testing programs.
Technological Advancements:
Innovations in autonomy, artificial intelligence (AI), materials, and propulsion systems are leading to drones that are more agile, durable, and capable of mimicking advanced threats. These advancements allow target drones to perform complex maneuvers, replicate different flight profiles, and operate in various environments, providing more realistic training scenarios. In addition, the integration of AI and machine learning (ML) enables drones to adapt in real time during exercises, making them even more effective training tools. There is a rise in the need for cutting-edge military training and testing solutions.
Expansion of Unmanned Systems:
The expansion of unmanned systems in the defense industry is impelling the market growth. As military forces increasingly rely on unmanned systems for surveillance, reconnaissance, and combat, there is a corresponding need to train personnel to counter these technologies. Target drones provide an essential platform for testing anti-drone systems, improving the effectiveness of counter-UAV strategies. Besides this, the use of target drones allows for the safe and controlled testing of new UAV technologies, ensuring that they meet performance standards before deployment.
Leading Companies Operating in the Global Target Drone Industry:
Air Affairs Australia
Airbus SE
Denel Dynamics
Embention
Griffon Aerospace
Kratos Defense & Security Solutions Inc.
Leonardo S.p.A.
Lockheed Martin Corporation
Northrop Grumman Corporation
QinetiQ
Saab AB
Target Drone Market Report Segmentation:
By Fit Type:
Line Fit
Retro Fit
Line fit represents the largest segment due to the rising focus on improving military training.
By Engine Type:
Internal Combustion Engine
Jet Engine
Others
Internal combustion engine accounts for the largest market as it offers enhanced reliability and cost-effectiveness.
By Mode of Operation:
Autonomous
Remotely Piloted
Autonomous exhibits a clear dominance in the market, driven by the increasing number of ride-sharing services.
By Application:
Combat Training
Target and Decoy
Target Identification
Target Acquisition
Others
Combat training holds the biggest market share on account of the rising focus on preparing military personnel for real-world scenarios.
By End Use:
Defense
Commercial
Defense dominates the market share because of the increasing focus on strengthening national security.
Regional Insights:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
North America enjoys a leading position in the target drone market, which can be attributed to the presence of key manufacturers.
Global Target Drone Market Trends:
The growing need for effective counter-drone strategies due to the rising number of asymmetric warfare is offering a favorable market outlook. Target drones are used to simulate hostile drones in training exercises, enabling military forces to develop and refine their counter-drone tactics. This includes the use of electronic warfare, kinetic interceptors, and other technologies to neutralize potential drone threats. There is an increase in the demand for target drones that can accurately replicate various types of drone threats.
In addition, the rising need for modernization of military forces is impelling the market growth. Governing agencies of several countries are investing in advanced defense systems, which include the procurement of target drones for training and testing purposes.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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