USGovernment-News.Com

USGovernment-News.Com

News on U.S. government agencies, U.S. politics, companies doing business with U.S. federal government. Read U.S. national and local news. This site is not affiliated with United States Government.
Press release distribution service
Home : U.S. Government News Search Engine                          

Home > U.S. Government News > Marketplace :
Home: United State Government News
Home | News | Submit Press Release |

Global Combat Drone Market Analysis and Forecast Till 2028

(USGovernment-News.Com, August 02, 2023 ) The Combat Drone Market is valued at USD 7.2 billion in 2023 and is projected to reach USD 10.8 billion by 2028, at a CAGR of 8.6%. The increasing demand for unmanned systems in defense sectors is leading to the growth of the military drone market across the globe. Companies operating in the military drone market are focusing on improving technological capabilities. Presently, military drones are being used in applications such as Intelligence, Surveillance, and Reconnaissance (ISR) and combat operations. The rising need for disruptive technologies is leading to increasing demand for strategic and special-purpose drones in military applications. Drones are easy to deploy and emit a lower digital signature than manned aircraft. Depending on the size, drones can be launched in several ways. The most common is the use of a catapult launcher that requires very little space. Several countries worldwide are undertaking R&D programs to further explore and augment the applications of military drones.



Download PDF Brochure @

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=237437345



Military drones were becoming more autonomous with advances in artificial intelligence and machine learning. Autonomous features allow drones to perform tasks with minimal human intervention, enhancing their efficiency and reducing the workload on operators. Rone swarms, where multiple drones collaborate and operate together, were gaining prominence. Swarming technology offered benefits in terms of increased coordination, redundancy, and the ability to overwhelm enemy defense. As drone technology became more interconnected and reliant on communication networks, there was an increased focus on addressing cybersecurity vulnerabilities to safeguard against potential cyber-attacks on drone systems.



Based on Platform, the combat drone market has been classified into small, tactical, and strategic drones. Small drones are further segmented into nano, micro, and mini. Tactical drones are classified into close-range, short-range, medium-range, and long-range. Strategic drones are divided into HALE and MALE. The strategic segment is estimated to hold the major share of the market in 2022 and is expected to maintain its dominance during the forecast period owing to the high price of HALE.



Based on Application, the combat drone market is classified into lethal, stealth, loitering munition, and target drones. Loitering munition is further subsegmented into recoverable and expendable. The lethal drones can be used to attack ground targets, such as enemy personnel or vehicles, or to destroy infrastructure. Lethal drones are typically armed with missiles, bombs, or other explosive weapons. Loitering munition drones are a type of lethal drone that is designed to loiter over a target area until a target is acquired. Once a target is acquired, the loitering munition drone will then attack the target by crashing into it. Loitering munition drones are often used to attack mobile targets, such as vehicles or personnel, that are difficult to hit with traditional missiles or bombs. Northrop Grumman received a contract from the U.S. air force to provide RQ-4 Global Hawk, a high-altitude low, endurance combat-demonstrated unmanned aircraft system. This UAS has a full endurance of over 32 hours and a ferry range of 22,780 kilometers. It can fly at an elevation of 60,000 feet. The lethal segment is estimated to hold the major share of the market in 2022 and is expected to drive the market during the forecast period.



Based on Region, North America is projected to lead the combat drone market during the forecast period. The use of UAVs for the military is also expected to grow in upcoming years in the US owing to the ongoing counter-terrorism operations being carried out by the country worldwide. The FAA is encouraging innovation and working with industry, state, local, and tribal governments to realize the benefits of drones and inform future rules and regulations. The US and Canada have good business relations and are home to some key players operating in the combat drone market. North America has been at the forefront of the technological revolution taking place globally. Canada and the US are pioneers in science and technology. Drones have been used for a long time in defense and commercial sectors worldwide.



Key Market Players:

Operating in the combat drone market are Northrop Grumman Corporation(US), Raytheon Technologies Corporation(US), Israel Aerospace Industries Ltd.(Israel), General Atomics Aeronautical Systems(US), And Teledyne FLIR LLC. (US).



News Also Covered @ https://www.prnewswire.com/news-releases/combat-drone-market-worth-10-8-billion-by-2028---exclusive-report-by-marketsandmarkets-301890052.html



Related Reports:



Cargo Drones Market by Solution (Platform, Software, Infrastructure), Industry (Retail, Healthcare, Agriculture, Defense and Maritime), Range (Close-Range, Short-Range, Mid-Range, Long-Range), Payload, Type and Region - Global Forecast to 2030



UAV Market by Point of Sale, Systems, Platform (Civil & Commercial, and Defense & Government), Function, End Use, Application, Type (Fixed Wing, Rotary Wing, Hybrid), Mode of Operation, Mtow, Range & Region - Global Forecast to 2027





About MarketsandMarkets™



MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.



The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.



Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

MarketsandMarkets™

Mr. Aashish Mehra

1-888-600-6441

sales@marketsandmarkets.com

Source: EmailWire.Com

Source: EmailWire.com

U.S. Governement News: Politics
  • Presidential Elections
  • Democrates
  • Congress
  • House of Representatives
  • President Obama
  • Republican Party
  • Mitt Romney
  • U.S. Senate
  • U.S. Military
  • U.S. Politics
  • Politics Video Feeds

    U.S. Government Resource Center
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    Governing
    Point of Beginning
    Overall Labor Effectiveness (OLE) Achieving a Highly Effective Workforce

    No credit cards, coupons, or promo codes required. Try it today!

    USGovernment-News.Com is a news service of GroupWeb Media LLC