Vancouver, BC -- (SBWIRE) -- 04/13/2021 -- The latest study, titled "Global Military Drones Market", published by Emergen Research, entails a thorough review of the present and future market trends in this specific business vertical. The report gathers viable information on the most prominent industry players, distribution channel, regional spectrum, market share, and size, in terms of value and volume, respectively, and revenue estimations over the forecast timeframe.

Military drones find application in surveillance and creating 3D maps of large areas in a short time span, especially at high altitudes, to enhance the geographical and situational awareness of military personnel by offering fast target detection, recognition, profiling, and precise geo-tagging.

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Some Key Highlights from the Report

In December 2020, BAE Systems in partnership with UAVTEK, announced the development of nano Bug drones. The Bug drones feature a low visual profile to stealthily patrol in enemy zones and can maintain flight even in strong winds.
Fixed-wing military drones possess wings similar to an airplane to generate lift. The presence of wings (instead of vertical rotors) allows fixed-wing drones to cover longer distances, fly for long time monitoring a target, and map larger areas. Also, fixed-wing drones powered by gas engines have capability to stay aloft for a minimum of 16 hours.
A significant advantage of vertical takeoff and landing (VTOL) aircraft is ability to takeoff and land vertically in almost any type of terrain. VTOL mode of launching eradicates the necessity for a runway and requires only a helipad or just an open space.
Key players in the market include Lockheed Martin Corporation, Thales Group, Northrop Grumman, BAE Systems, the Boeing Company, Israel Aerospace Industries, Raytheon Technologies Corporation, Elbit Systems Ltd., Textron Inc., and AeroVironment Inc.

Military Drones Market Segmentation:

Emergen Research has segmented the global military drones market on the basis of wing type, range, mode of launching, maximum takeoff weight, application, and region:

Wing Type Outlook (Revenue, USD Billion; 2018–2028)
Fixed-wing
Rotary-wing
Hybrid

Range Outlook (Revenue, USD Billion; 2018–2028)
Visual Line of Sight (VLOS)
Extended Visual Line of Sight (EVLOS)
Beyond Visual Line of Sight (BVLOS)

Mode of Launching Outlook (Revenue, USD Billion; 2018–2028)
Vertical Takeoff and Landing (VTOL)
Catapult Launcher
Hand Launched

Maximum Takeoff Weight Outlook (Revenue, USD Billion; 2018–2028)
Below 25 Kg
25 Kg to 150 Kg
Above 150 Kg

Application Outlook (Revenue, USD Billion; 2018–2028)
Intelligence, Surveillance, Reconnaissance, and Target Acquisition
Combat Operations
Delivery & Transportation
Battle Damage Management

Key Regions analyzed in the report include:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
AsiaPacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Elucidating the competitive scenario of the Global Military Drones Market:

The comprehensive global Military Drones market analysis includes meaningful insights into the competitive spectrum of this business sphere. It goes on to enlist the detailed profiles of each market competitor.
The latest report includes the industry share, production facilities, development prospects,and geographies served by each market player.
The study also showcases the extensive product portfolios of the prominent market contenders and offers critical data and information about the application scope, as well as specifications of these products.
In addition, the study presents the fundamental market insights, pricing range of products offered by these companies, and the gross profits and losses experienced by these players throughout their market tenures.

Table of Content

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope  
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights
Chapter 4. Military Drones Segmentation & Impact Analysis
    4.1. Military Drones Material Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers' analysis
                    4.2.2.1. Increasing use of drones to combat terrorist activities
                    4.2.2.2. Rise in military expenditure
                    4.2.2.3. Growing use of drones in ISR operations
                    4.2.2.4. Growing disputes across international borders
          4.2.3. Market restraints analysis 
                    4.2.3.1. High cost of advanced military drones
    4.3. Technological Insights 
    4.4. Regulatory Framework
    4.5. Porter's Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

Chapter 5. Military Drones By Wing Type Insights & Trends, Revenue (USD Billion)
    5.1. Wing Type Dynamics & Market Share, 2018–2028
          5.1.1. Fixed-wing
          5.1.2. Rotary-wing
          5.1.3. Hybrid

CONTINUED..!!

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