Target Drones Market Research Report - Forecast till 2027

Target Drones Market Research Report: Information by Engine Type (Internal Combustion Engine, Jet Engine, and Others), Target Type (Full-Scaled, Sub-Scaled, Free Flying, Towing, and Sporting), End Use (Defense, Homeland Security, and Commercial), Platform (Aerial Targets, Ground Targets, Underwater Targets, and Sea Surface Targets), & Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) - Forecast till 2027

ID: MRFR/A&D/4542-HCR | February 2021 | Region: Global | 100 Pages         

Table of Contents

1. Executive Summary

1.1. Market Attractiveness Analysis

1.1.1. Global Target Drones Market, by Engine Type

1.1.2. Global Target Drones Market, by Target Type

1.1.3. Global Target Drones Market, by Platform

1.1.4. Global Target Drones Market, by End Use

1.1.5. Global Target Drones Market, by Region

2. Market Introduction

2.1. Market Definition

2.2. Scope of the Study

2.3. Market Structure

2.4. Key Buying Criteria

2.5. Market Factor Indicator Analysis

3. Research Methodology

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

3.6. List of Assumptions

4. Market Insights

5. Market Dynamics

5.1. Introduction

5.2. Drivers

5.3. Restraints

5.4. Opportunities

5.5. Challenges

5.6. Market/Technological Trends

5.7. Patent Trends

5.8. Regulatory Landscape/Standards

6. Market Factor Analysis

6.1. Value Chain/Supply Chain Analysis

6.1.1. R&D

6.1.2. Manufacturing

6.1.3. Distribution & Sales

6.1.4. Post-Sales Monitoring

6.2. Porter’s Five Forces Analysis

6.2.1. Threat of New Entrants

6.2.2. Bargaining Power of Buyers

6.2.3. Threat of Substitutes

6.2.4. Rivalry

6.2.5. Bargaining Power of Supplies

7. Global Target Drones Market, by Engine Type

7.1. Introduction

7.2. Internal Combustion Engine

7.2.1. Market Estimates & Forecast, 2020-2027

7.2.2. Market Estimates & Forecast by Region, 2020-2027

7.3. Jet Engine

7.3.1.1. Market Estimates & Forecast, 2020-2027

7.3.1.2. Market Estimates & Forecast by Region, 2020-2027

7.4. Others

7.4.1.1. Market Estimates & Forecast, 2020-2027

7.4.1.2. Market Estimates & Forecast by Region, 2020-2027

8. Global Target Drones Market, by Target Type

8.1. Introduction

8.2. Full Scaled

8.2.1. Market Estimates & Forecast, 2020-2027

8.2.2. Market Estimates & Forecast, by Region, 2020-2027

8.3. Sub-scaled

8.3.1. Market Estimates & Forecast, 2020-2027

8.3.2. Market Estimates & Forecast, by Region, 2020-2027

8.4. Free Flying

8.4.1. Market Estimates & Forecast, 2020-2027

8.4.2. Market Estimates & Forecast, by Region, 2020-2027

8.5. Towing

8.5.1. Market Estimates & Forecast, 2020-2027

8.5.2. Market Estimates & Forecast, by Region, 2020-2027

8.6. Sporting

8.6.1. Market Estimates & Forecast, 2020-2027

8.6.2. Market Estimates & Forecast, by Region, 2020-2027

9. Global Target Drones Market, by Platform

9.1. Introduction

9.2. Aerial Targets

9.2.1. Market Estimates & Forecast, 2020-2027

9.2.2. Market Estimates & Forecast, by Region, 2020-2027

9.3. Ground Targets

9.3.1. Market Estimates & Forecast, 2020-2027

9.3.2. Market Estimates & Forecast, by Region, 2020-2027

9.4. Underwater Targets

9.4.1. Market Estimates & Forecast, 2020-2027

9.4.2. Market Estimates & Forecast, by Region, 2020-2027

9.5. Sea Surface Targets

9.5.1. Market Estimates & Forecast, 2020-2027

9.5.2. Market Estimates & Forecast, by Region, 2020-2027

10. Global Target Drones Market, by End Use

10.1. Introduction

10.2. Defense

10.2.1. Market Estimates & Forecast, 2020-2027

10.2.2. Market Estimates & Forecast, by Region, 2020-2027

10.3. Homeland Security

10.3.1. Market Estimates & Forecast, 2020-2027

10.3.2. Market Estimates & Forecast, by Region, 2020-2027

10.4. Commercial

10.4.1. Market Estimates & Forecast, 2020-2027

10.4.2. Market Estimates & Forecast, by Region, 2020-2027

11. Global Target Drones Market, by Region

11.1. Introduction

11.2. North America

11.2.1. Market Estimates & Forecast, by Country, 2020-2027

11.2.2. Market Estimates & Forecast, by Engine Type, 2020-2027

11.2.3. Market Estimates & Forecast, by Target Type, 2020-2027

11.2.4. Market Estimates & Forecast, by Platform, 2020-2027

11.2.5. Market Estimates & Forecast, by End Use, 2020-2027

11.2.6. US

11.2.6.1. Market Estimates & Forecast, by Engine Type, 2020-2027

11.2.6.2. Market Estimates & Forecast, by Target Type, 2020-2027

11.2.6.3. Market Estimates & Forecast, by Platform, 2020-2027

11.2.6.4. Market Estimates & Forecast, by End Use, 2020-2027

11.2.7. Canada

11.2.7.1. Market Estimates & Forecast, by Engine Type, 2020-2027

11.2.7.2. Market Estimates & Forecast, by Target Type, 2020-2027

11.2.7.3. Market Estimates & Forecast, by Platform, 2020-2027

11.2.7.4. Market Estimates & Forecast, by End Use, 2020-2027

11.3. Europe

11.3.1. Market Estimates & Forecast, by Country, 2020-2027

11.3.2. Market Estimates & Forecast, by Engine Type, 2020-2027

11.3.3. Market Estimates & Forecast, by Target Type, 2020-2027

11.3.4. Market Estimates & Forecast, by Platform, 2020-2027

11.3.5. Market Estimates & Forecast, by End Use, 2020-2027

11.3.6. UK

11.3.6.1. Market Estimates & Forecast, by Engine Type, 2020-2027

11.3.6.2. Market Estimates & Forecast, by Target Type, 2020-2027

11.3.6.3. Market Estimates & Forecast, by Platform, 2020-2027

11.3.6.4. Market Estimates & Forecast, by End Use, 2020-2027

11.3.7. Germany

11.3.7.1. Market Estimates & Forecast, by Engine Type, 2020-2027

11.3.7.2. Market Estimates & Forecast, by Target Type, 2020-2027

11.3.7.3. Market Estimates & Forecast, by Platform, 2020-2027

11.3.7.4. Market Estimates & Forecast, by End Use, 2020-2027

11.3.8. France

11.3.8.1. Market Estimates & Forecast, by Engine Type, 2020-2027

11.3.8.2. Market Estimates & Forecast, by Target Type, 2020-2027

11.3.8.3. Market Estimates & Forecast, by Platform, 2020-2027

11.3.8.4. Market Estimates & Forecast, by End Use, 2020-2027

11.3.9. Italy

11.3.9.1. Market Estimates & Forecast, by Engine Type, 2020-2027

11.3.9.2. Market Estimates & Forecast, by Target Type, 2020-2027

11.3.9.3. Market Estimates & Forecast, by Platform, 2020-2027

11.3.9.4. Market Estimates & Forecast, by End Use, 2020-2027

11.3.10. Rest of Europe

11.3.10.1. Market Estimates & Forecast, by Engine Type, 2020-2027

11.3.10.2. Market Estimates & Forecast, by Target Type, 2020-2027

11.3.10.3. Market Estimates & Forecast, by Platform, 2020-2027

11.3.10.4. Market Estimates & Forecast, by End Use, 2020-2027

11.4. Asia-Pacific

11.4.1. Market Estimates & Forecast, by Country, 2020-2027

11.4.2. Market Estimates & Forecast, by Engine Type, 2020-2027

11.4.3. Market Estimates & Forecast, by Target Type, 2020-2027

11.4.4. Market Estimates & Forecast, by Platform, 2020-2027

11.4.5. Market Estimates & Forecast, by End Use, 2020-2027

11.4.6. China

11.4.6.1. Market Estimates & Forecast, by Engine Type, 2020-2027

11.4.6.2. Market Estimates & Forecast, by Target Type, 2020-2027

11.4.6.3. Market Estimates & Forecast, by Platform, 2020-2027

11.4.6.4. Market Estimates & Forecast, by End Use, 2020-2027

11.4.7. Japan

11.4.7.1. Market Estimates & Forecast, by Engine Type, 2020-2027

11.4.7.2. Market Estimates & Forecast, by Target Type, 2020-2027

11.4.7.3. Market Estimates & Forecast, by Platform, 2020-2027

11.4.7.4. Market Estimates & Forecast, by End Use, 2020-2027

11.4.8. India

11.4.8.1. Market Estimates & Forecast, by Engine Type, 2020-2027

11.4.8.2. Market Estimates & Forecast, by Target Type, 2020-2027

11.4.8.3. Market Estimates & Forecast, by Platform, 2020-2027

11.4.8.4. Market Estimates & Forecast, by End Use, 2020-2027

11.4.9. Rest of Asia-Pacific

11.4.9.1. Market Estimates & Forecast, by Engine Type, 2020-2027

11.4.9.2. Market Estimates & Forecast, by Target Type, 2020-2027

11.4.9.3. Market Estimates & Forecast, by Platform, 2020-2027

11.4.9.4. Market Estimates & Forecast, by End Use, 2020-2027

11.5. Middle East & Africa

11.5.1. Market Estimates & Forecast, by Country, 2020-2027

11.5.2. Market Estimates & Forecast, by Engine Type, 2020-2027

11.5.3. Market Estimates & Forecast, by Target Type, 2020-2027

11.5.4. Market Estimates & Forecast, by Platform, 2020-2027

11.5.5. Market Estimates & Forecast, by End Use, 2020-2027

11.5.6. UAE

11.5.6.1. Market Estimates & Forecast, by Engine Type, 2020-2027

11.5.6.2. Market Estimates & Forecast, by Target Type, 2020-2027

11.5.6.3. Market Estimates & Forecast, by Platform, 2020-2027

11.5.6.4. Market Estimates & Forecast, by End Use, 2020-2027

11.5.7. Saudi Arabia

11.5.7.1. Market Estimates & Forecast, by Engine Type, 2020-2027

11.5.7.2. Market Estimates & Forecast, by Target Type, 2020-2027

11.5.7.3. Market Estimates & Forecast, by Platform, 2020-2027

11.5.7.4. Market Estimates & Forecast, by End Use, 2020-2027

11.5.8. Rest of the Middle East & Africa

11.5.8.1. Market Estimates & Forecast, by Engine Type, 2020-2027

11.5.8.2. Market Estimates & Forecast, by Target Type, 2020-2027

11.5.8.3. Market Estimates & Forecast, by Platform, 2020-2027

11.5.8.4. Market Estimates & Forecast, by End Use, 2020-2027

11.6. Latin America

11.6.1. Market Estimates & Forecast, by Country, 2020-2027

11.6.2. Market Estimates & Forecast, by Engine Type, 2020-2027

11.6.3. Market Estimates & Forecast, by Target Type, 2020-2027

11.6.4. Market Estimates & Forecast, by Platform, 2020-2027

11.6.5. Market Estimates & Forecast, by End Use, 2020-2027

11.6.6. Brazil

11.6.6.1. Market Estimates & Forecast, by Engine Type, 2020-2027

11.6.6.2. Market Estimates & Forecast, by Target Type, 2020-2027

11.6.6.3. Market Estimates & Forecast, by Platform, 2020-2027

11.6.6.4. Market Estimates & Forecast, by End Use, 2020-2027

11.6.7. Rest of Latin America

11.6.7.1. Market Estimates & Forecast, by Engine Type, 2020-2027

11.6.7.2. Market Estimates & Forecast, by Target Type, 2020-2027

11.6.7.3. Market Estimates & Forecast, by Platform, 2020-2027

11.6.7.4. Market Estimates & Forecast, by End Use, 2020-2027

12. Competitive Landscape

12.1. Competitive Overview

12.2. Competitor Dashboard

12.3. Major Growth Strategies in the Global Target Drones Market

12.4. Competitive Benchmarking

12.5. Market Share Analysis

12.6. Key Developments & Growth Strategies

12.6.1. Product Launches/Target Type Deployments

12.6.2. Mergers & Acquisitions

12.6.3. Joint Ventures

13. Company Profiles

13.1. ASV Global

13.1.1. Company Overview

13.1.2. Platform/Engine Type Offered

13.1.3. Financial Overview

13.1.4. Key Developments

13.1.5. Key Strategies

13.1.6. SWOT Analysis

13.2. AeroTargets International, LLC

13.2.1. Company Overview

13.2.2. Platform/Engine Type Offered

13.2.3. Financial Overview

13.2.4. Key Developments

13.2.5. Key Strategies

13.2.6. SWOT Analysis

13.3. Boeing Company

13.3.1. Company Overview

13.3.2. Platform/Engine Type Offered

13.3.3. Financial Overview

13.3.4. Key Developments

13.3.5. Key Strategies

13.3.6. SWOT Analysis

13.4. QinetiQ Group Plc

13.4.1. Company Overview

13.4.2. Platform/Engine Type Offered

13.4.3. Financial Overview

13.4.4. Key Developments

13.4.5. Key Strategies

13.4.6. SWOT Analysis

13.5. Kratos Defense & Security Solutions, Inc.

13.5.1. Company Overview

13.5.2. Platform/Engine Type Offered

13.5.3. Financial Overview

13.5.4. Key Developments

13.5.5. Key Strategies

13.5.6. SWOT Analysis

13.6. Northrop Grumman Corporation

13.6.1. Company Overview

13.6.2. Platform/Engine Type Offered

13.6.3. Financial Overview

13.6.4. Key Developments

13.6.5. Key Strategies

13.6.6. SWOT Analysis

13.7. Saab AB

13.7.1. Company Overview

13.7.2. Platform/Engine Type Offered

13.7.3. Financial Overview

13.7.4. Key Developments

13.7.5. Key Strategies

13.7.6. SWOT Analysis

13.8. Airbus S.A.S

13.8.1. Company Overview

13.8.2. Platform/Engine Type Offered

13.8.3. Financial Overview

13.8.4. Key Developments

13.8.5. Key Strategies

13.8.6. SWOT Analysis

13.9. Leonardo S.p.A.

13.9.1. Company Overview

13.9.2. Platform/Engine Type Offered

13.9.3. Financial Overview

13.9.4. Key Developments

13.9.5. Key Strategies

13.9.6. SWOT Analysis

13.10. Lockheed Martin Corporation

13.10.1. Company Overview

13.10.2. Platform/Engine Type Offered

13.10.3. Financial Overview

13.10.4. Key Developments

13.10.5. Key Strategies

13.10.6. SWOT Analysis

14. Appendix

14.1. References

14.2. Related Reports

14.3. List of Abbreviations

15. Industry Insights

Note: This table of contents is tentative and subject to change as the research progresses.

List of Tables

Table 1 Global Target Drones Market, by Region, 2020-2027

Table 2 North America Target Drones Market, by Country, 2020-2027

Table 3 Europe Target Drones Market, by Country, 2020-2027

Table 4 Asia-Pacific Target Drones Market, by Country, 2020-2027

Table 5 Middle East & Africa Target Drones Market, by Country, 2020-2027

Table 6 Latin America Target Drones Market, by Country, 2020-2027

Table 7 Global Target Drones Market, by Region, 2020-2027

Table 8 Global Target Drones Market, by Engine Type, 2020-2027

Table 9 Global Target Drones Market, by Target Type, 2020-2027

Table 10 Global Target Drones Market, by Platform, 2020-2027

Table 11 Global Target Drones Market, by End Use, 2020-2027

Table 12 North America: Target Drones Market, By Country, 2020-2027

Table 13 North America: Target Drones Market, By Engine Type, 2020-2027

Table 14 North America: Target Drones Market, By Target Type, 2020-2027

Table 15 North America: Target Drones Market, By Platform, 2020-2027

Table 16 North America: Target Drones Market, by End Use, 2020-2027

Table 17 Europe: Target Drones Market, By Country, 2020-2027

Table 18 Europe: Target Drones Market, By Engine Type, 2020-2027

Table 19 Europe: Target Drones Market, By Target Type, 2020-2027

Table 20 Europe: Target Drones Market, By Platform, 2020-2027

Table 21 Europe: Target Drones Market, by End Use, 2020-2027

Table 22 Asia-Pacific: Target Drones Market, By Country, 2020-2027

Table 23 Asia-Pacific: Target Drones Market, By Engine Type, 2020-2027

Table 24 Asia-Pacific: Target Drones Market, By Target Type, 2020-2027

Table 25 Asia-Pacific: Target Drones Market, By Platform, 2020-2027

Table 26 Asia-Pacific: Target Drones Market, by End Use, 2020-2027

Table 27 Middle East & Africa: Target Drones Market, By Region, 2020-2027

Table 28 Middle East & Africa: Target Drones Market, By Engine Type, 2020-2027

Table 29 Middle East & Africa: Target Drones Market, By Target Type, 2020-2027

Table 30 Middle East & Africa: Target Drones Market, By Platform, 2020-2027

Table 31 Middle East & Africa: Target Drones Market, by End Use, 2020-2027

Table 32 Latin America: Target Drones Market, By Region, 2020-2027

Table 33 Latin America: Target Drones Market, By Engine Type, 2020-2027

Table 34 Latin America: Target Drones Market, By Target Type, 2020-2027

Table 35 Latin America: Target Drones Market, By Platform, 2020-2027

Table 36 Latin America: Target Drones Market, by End Use, 2020-2027

List of Figures

FIGURE 1 Research Process of MRFR

FIGURE 2 Top-Down and Bottom-Up Approaches

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter's Five Forces Analysis

FIGURE 7 Value Chain Analysis

FIGURE 8 Global Target Drones Market Share, by Engine Type, 2020 (%)

FIGURE 9 Global Target Drones Market, by Engine Type, 2020-2027 (USD Million)

FIGURE 10 Global Target Drones Market Share, by Target Type, 2020 (%)

FIGURE 11 Global Target Drones Market, by Target Type, 2020-2027 (USD Million)

FIGURE 12 Global Target Drones Market Share, by Platform, 2020 (%)

FIGURE 13 Global Target Drones Market, by Platform, 2020-2027 (USD Million)

FIGURE 14 Global Target Drones Market Share, by End Use, 2020 (%)

FIGURE 15 Global Target Drones Market, by End Use, 2020-2027 (USD Million)

FIGURE 16 Global Target Drones Market Share (%), By Region, 2020

FIGURE 17 Global Target Drones Market, by Region, 2020-2027 (USD Million)

FIGURE 18 North America: Target Drones Market Share (%), 2020

FIGURE 19 North America: Target Drones Market by Country, 2020-2027 (USD Million)

FIGURE 20 Europe: Target Drones Market Share (%), 2020

FIGURE 21 Europe: Target Drones Market by Country, 2020-2027 (USD Million)

FIGURE 22 Asia-Pacific: Target Drones Market Share (%), 2020

FIGURE 23 Asia-Pacific: Target Drones Market by Country, 2020-2027 (USD Million)

FIGURE 24 Middle East & Africa Target Drones Market Share (%), 2020

FIGURE 25 Middle East & Africa Target Drones Market by Region, 2020-2027 (USD Million)

FIGURE 26 Latin America Target Drones Market Share (%), 2020

FIGURE 27 Latin America Target Drones Market by Region, 2020-2027 (USD Million)

Target Drones Market

Target Drones Market Size is expected to reach USD 4.4 Billion by 2030, registering a CAGR of 7.6% during 2020-2030.

$4.4 Billion

Market Size


7.6%

CAGR


North America

Dominating Region

2020-2030

Forecast Period

Segmentation

By Engine Type Internal Combustion Engine Jet Engine Others
Target Type Full Scaled Sub Scaled Free Flying Towing Sporting
End Use Defense Homeland Security Commercial
Platform Aerial Targets Ground Targets Underwater Targets Sea Surface Targets

Key Players

  • ASV GLOBAL (UK)
  • AEROTARGETS INTERNATIONAL LLC (US)
  • THE BOEING COMPANY (US)
  • QINETIQ GROUP PLC (UK)
  • NORTHROP GRUMMAN CORPORATION (US)
  • SAAB AB (SWEDEN)
  • AIRBUS SAS GROUP (FRANCE)
  • LEONARDO SPA (ITALY)
  • LOCKHEED MARTIN CORPORATION (US)
  • BSK DEFENSE S.A. (GREECE)
  • AIR AFFAIRS AUSTRALIA PTY LTD (AUSTRALIA)
  • L3 ASV (UK)
  • BAE SYSTEMS (UK)
  • RAYTHEON (US)
  • GENERAL DYNAMICS CORPORATION (US)
  • ALMAZ-ANTEY (RUSSIA)
  • THALES (FRANCE)
  • EMBENTION (SPAIN)
  • GRIFFON AEROSPACE (US)
  • DENEL DYNAMICS (US)

Drivers

  • Innovation Registrations In Various Developing Nations Is Another Component
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Target Drones Market Overview


The Target Drones Market is expected to grow at a Significant CAGR During Forecast Period. The target drones are very identical to unmanned aerial vehicles. These drones find their application in ground, aerial, sea surface, and underwater targets. These drones are very popular in the defense industry and are used for training in anti-craft warfare. Usually, these drones are controlled from a remote location. These drones are mostly used by the armed forces for helping the soldiers in carrying out operational activities successfully. These drones have a wonderful and sleek design that keeps on changing as the design of drones is directly proportional to the speed and efficiency of drones. Target drones are controlled with the assistance of a computer & an operator, and sometimes a remote control is enough.


Covid-19 Analysis of Target Drones Market


The coronavirus pandemic has given a very harsh time to all the manufacturing, developing, production, and logistic industries. Also due to this COVID-19 situation, many restrictions were imposed by the government of different countries. The Target Drones Market has not been affected a bit during this pandemic. As these drones find their use in the defense sector and no country in this world will or is ready to compromise with its external security so the special permissions were given by the government to the manufacturers and operators of these drones to continue their work from their offices and not from their homes. So, this industry is working at its normal pace as it was working before the pandemic situation.


Market Dynamics


Drivers


First of all, the increasing funds in the defense industry that focuses on military training in the emerging nation is one of the major factors that will boost the growth of this market. Secondly, the rising number of patent and innovation registrations in various developing nations is another component that is responsible for the growth of Target Drones Market. Also, the various technological advancements taking place in this sector are another factor that will enhance the profits of this industry. In addition to this massive investments are being made by the industrialists and government in R&D which is one more element that will boost the growth of this industry.


Restraints


The working of these drones highly depends upon operators. And it is a well-known fact that without proper knowledge of a thing it cannot be operated, and effective results cannot be achieved. These Target Drones Market are the latest invention and not many people are aware of what are the technicalities associated with their efficient working. So this factor's lack of skilled labor force to control and operate these drones is another factor that may restrain the growth of this market.


Technology Analysis


Generally, the normal fuel cells are used as a primary source of power in these drones but due to their high cost, less durability, and takes a lot of time to respond to load change. Keeping this factor in mind a Singapore-based company started the manufacturing of hydrogen fuel cells which are very small, light in weight, and are more durable in comparison to others which in turn proved to be a better alternative than ordinary fuel cells. So, the company entered into a partnership with 6 manufacturing companies to expand their network all around the globe.


Study Objectives



  • To review the point of view of various Target Drones Market experts and leaders and anticipate compound annual growth rate and market growth rate by the end of the global forecast

  • To underline the competitive market outlook and analyze the yield models of key market players, worldwide.

  • To examine the various market dynamics like trends, drivers, and restraints that are most likely to play a role in helping the Target Drones Market and its different segments growing in the domestic as well as international market.


Segment Overview


Target Drones Market share is expected to witness significant growth owing to the performance of different market segments. Among these, the defense segment will be the fastest-growing and also contribute towards this market growth more than any other segment as these target drones are mainly used in anti-aircraft, missile, and submarine military training. Also, the jet engine segment will experience noteworthy growth during the forecast period because of the high rate of adoption of these technologies in the defense segment due to their high-speed engine technologies. Lastly, the line-fit segment will also experience outstanding growth as the customized fit is only available and manufactured in the US and UK. For a magnifying use the Target Drones Market has been segmented into the following on different bases:



  • Based on end-user, it has a defense, homeland security, and commercial.

  • Based on engine type, it has an integrated circuit engine, jet engines, and others.

  • Based on fittings type, it has customized fit and line fit.


Regional Analysis


The Target Drones Market movement is extraordinarily working in 6 major regions of the world that is North America, Asia Pacific, Europe, Africa, South America, and the Middle East. Among all these regions, the North American region will dominate this market and the reason for that is an increase in investments made in training programs in the defense sector. Also, the budget allocated by the US government for target drones is very huge. Also, the initiative was taken by the US government to convert old fighter aircraft to aerial target drones which in turn help missile training and testing and also mock real-time threats for military anti-air crafts. The Asia Pacific region will also witness significant growth during the forecast period and the growth of this region will be led by China and India. Another reason for the growth of this region is that the lack of modification technology that is used in these drones is sourced from Russia. The African and Middle East region will witness moderate growth due to a lack of adequate infrastructure and skilled labor to operate in this region.


Competitive Landscape


To get a comprehensive and acute idea about the Target Drones Market insights, it is very important to create a competitive environment amongst the different prime players present at different market locations all around the world. All the market players are engaging themselves and competing against each other globally in the international markets by implementing various types of strategies such as product launches and upgrades, mergers and acquisitions, partnerships, etc. The most valuable players of this market are: -



  • ASV GLOBAL (UK)

  • AEROTARGETS INTERNATIONAL, LLC (US)

  • THE BOEING COMPANY (US)

  • QINETIQ GROUP PLC (UK)

  • NORTHROP GRUMMAN CORPORATION (US)

  • SAAB AB (SWEDEN)

  • AIRBUS S.A.S GROUP (FRANCE)

  • LEONARDO S.P.A. (ITALY)

  • LOCKHEED MARTIN CORPORATION (US)

  • BSK DEFENSE S.A. (GREECE)

  • AIR AFFAIRS AUSTRALIA PTY LTD (AUSTRALIA)

  • L3 ASV (UK)

  • BAE SYSTEMS (UK)

  • RAYTHEON (US)

  • GENERAL DYNAMICS CORPORATION (US)

  • ALMAZ-ANTEY (RUSSIA)

  • THALES (FRANCE)

  • EMBENTION (SPAIN)

  • GRIFFON AEROSPACE (US)

  • DENEL DYNAMICS (US)


Recent Developments



  • In December 2018, a contract with a massive grant of USD 45.6 million that builds 15 units of GQM-163A was given to Northrop Grumman by Naval Air Systems Command at Patuxent River Naval Air Station.

  • In May 2019, to provide for 59 unmanned banshee whirlwind systems a contract was signed between QinetiQ and the Indonesian government, and the order of aerial targets and customer training was completed by the company in April 2020.

  • In February 2020, a contract with a massive valuation of USD 50 million was granted to griffon aerospace by the US army. This contract was entered into between the production of MQM-170 outlaw (remotely piloted vehicle target drone) and MQM-171 broadsword (unmanned aerial target drone).

  • In September 2019, a new variant of the banshee Target Drones Market was launched by QinetiQ at the trade show named DSEI held in London in 2019. These new target drones were launched with a twin gas turbine that can reach a speed of over 900km/hr. and that too with half fuel. In addition to that, it has a wide range of 100km.


Intended Audience



  • Drone manufacturers

  • UAV service providers

  • Software developers

  • Component providers

  • Cybersecurity providers

  • IT enterprises

  • System integrators and third-party vendors

  • Government bodies

  • Technology investors 

  • Research institutes and organizations

  • Market research and consulting firms

  • End-users/enterprise-users

  • Managed service providers (MSPs)


Report Overview


The Target Drones Market report represents a drift analysis that talks about market drivers, opportunities, and restraints that are available in the global market. The report also highlights the impact of covid-19 on the prime players of this market. The report also informs the readers about the market segmentation on a different basis and how a competitive environment is developed among the key players around the globe. At last, the report discloses some recent developments in this industry.

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