Target Drones Market Expected to Witness a Sustainable Growth over 2025

According to Market Study Report, Target Drones Market provides a comprehensive analysis of the Target Drones Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry.This report also provides market landscape and market share information in the Target Drones Market.

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The Target Drones Market is projected to grow from USD 4.4 Billion in 2020 to USD 6.3 Billion by 2025, at a CAGR of 7.6% during the forecast period. This report spread across 195 pages, profiling 20 companies and supported with 144 tables and 55 figures are now available in this research.

Top Companies Profiled in the Target Drones Market:
• The Boeing Company (US)
• QinetiQ Group plc (UK)
• Northrop Grumman Corporation (US)
• Kratos Defense & Security Solutions Inc. (US)
• Airbus Group (Netherlands)
• Lockheed Martin Corporation (US)
• Leonardo S.p.A. (Italy)
• BSK Defense S.A. (Greece)
• Air Affairs Australia Pty Ltd (Australia)
• Saab AB (Sweden)
• AeroTargets International
• LLC (US)
• L3 ASV (UK)
• BAE Systems (UK)
• Raytheon (US)
• General Dynamics Corporation (US)
• Almaz-Antey (Russia)
• Thales (France)
• Embention (Spain)
• Griffon Aerospace (US)
• Denel Dynamics (South Africa)

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“Based on end use, aerial target drones segment is projected to drive the target drones market by 2025”
Based on end use, the aerial targets segment is projected to lead the target drones market by 2025 due to its wide acceptance across the world in military training. Aerial targets include all unmanned aerial target vehicles; about 80% of target drones acquired by armed forces worldwide fall under this category. Jet engines as well as internal combustion engines are used in aerial target drones.

“Based on end-use sector, the defense segment is projected to lead the target drones market over the forecast period”
Target drones are used by military forces worldwide to perform various defense-related tasks due to their extreme endurance capabilities and potential for high-altitude threat simulation. Target drones offer the best solution for all aspects of threat simulation, such as realism, cost, and operational effectiveness, which, in turn, improve overall training effectiveness.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
• By Designation: C-Level Executives– 35%, Directors – 25%, and Others – 40%
• By Region: North America –45%, Europe – 20%, Asia Pacific – 30%,Rest of the World –5%

Competitive Landscape of Target Drones Market:
1 Introduction
1.1 Market Evaluation Framework
2 Competitive Leadership Mapping
2.1 Visionary Leaders
2.2 Innovators
2.3 Dynamic Differentiators
2.4 Emerging Companies
3 Ranking Of Key Players, 2020
4 Competitive Scenario
4.1 New Product Launches
4.2 Contracts
4.3 Other Strategies

Reason to access this report:
This report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall target drones market and its sub segments. The report covers the entire ecosystem of target drones in the industry and will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.

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This release was published on openPR.