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Target Drones Market
Target Drones Market Market Research Report – Segmented By Type (Fixed Wing, Rotary Wing), By End Use (Aerial Targets, Ground Targets, Marine Targets), By End-Use Sector (Defense, Commercial), By Target Type (Full-Scale Targets, Subscale Targets, Free-Flying Targets, Towing Targets, Sporting Targets), By Application (Combat Training, Target & Decoy, Reconnaissance, Target Identification, Target Acquisition), By Engine Type (Jet Engines, Internal Combustion (Ic) Engines, Others), By Build (Newbuild, Converted), By Speed (High (> 250 Mps), Low (< 250 Mps)), By Payload Capacity (High (>40 Kg), Medium (20 Kg to 40 Kg), Low (<20 Kg)), By Mode of Operation (Autonomous, Remotely Piloted, Optionally Piloted), By Region (Covid-19 Impact on Target Drones Market, by Region, North America, Europe, Asia-Pacific, Middle East & North Africa, Rest of the World (Row)) & Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2027.
Table of contents
- Executive Summary
- Market Overview
- Industry Analysis
- Market Analysis
- By Type
- By End Use
- By End-Use Sector
- By Target Type
- By Application
- By Engine Type
- By Build
- By Speed
- By Payload Capacity
- By Mode of Operation
- By Region
- North America
- Europe
- Asia-Pacific
- Middle-East & Africa
- Latin America
- Company Analysis
- Competitive Analysis
- Research Methodology
- Appendix
Executive Summary
Target Drones Market from Consainsights analyses the Target Drones Market Market in the Aerospace & Defense industry over the forecast period to 2027.
Target Drones Market research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.
Target Drones Market segmentation includes Type, End Use, End-Use Sector, Target Type, Application, Engine Type, Build, Speed, Payload Capacity, Mode of Operation, Region and Geography.
All segmentations encompasses the key innovations and micro & macro trends, companies/manufacturers operating in this space along with their usage and penetration with respect to the wide range of End Users. Additionally, market sizing information along with the key factors such as market drivers, restraints, opportunities and challenges which are likely to be influencing the market growth are outlined in this report.
Based on the Type, the Target Drones Market analysis covers Fixed Wing, Rotary Wing.
Based on the End Use, the Target Drones Market analysis covers Aerial Targets, Ground Targets, Marine Targets.
Based on the End-Use Sector, the Target Drones Market analysis covers Defense, Commercial.
Based on the Target Type, the Target Drones Market analysis covers Full-Scale Targets, Subscale Targets, Free-Flying Targets, Towing Targets, Sporting Targets.
Based on the Application, the Target Drones Market analysis covers Combat Training, Target & Decoy, Reconnaissance, Target Identification, Target Acquisition.
Based on the Engine Type, the Target Drones Market analysis covers Jet Engines, Internal Combustion (Ic) Engines, Others.
Based on the Build, the Target Drones Market analysis covers Newbuild, Converted.
Based on the Speed, the Target Drones Market analysis covers High (> 250 Mps), Low (< 250 Mps).
Based on the Payload Capacity, the Target Drones Market analysis covers High (>40 Kg), Medium (20 Kg to 40 Kg), Low (<20 Kg).
Based on the Mode of Operation, the Target Drones Market analysis covers Autonomous, Remotely Piloted, Optionally Piloted.
Based on the Region, the Target Drones Market analysis covers Covid-19 Impact on Target Drones Market, by Region, North America, Europe, Asia-Pacific, Middle East & North Africa, Rest of the World (Row).
Key companies operating in the market include The Boeing Company, Qinetiq Group plc, Northrop Grumman Corporation, Kratos Defense & Security Solutions, Inc., Airbus Group, Lockheed Martin Corporation, Leonardo S.P.A., BSK Defense S.A., Air Affairs Australia Pty Ltd., Saab Ab, Aerotargets International, LLC, L3 Asv, Bae Systems, Raytheon, General Dynamics Corporation, Almaz-Antey, Thales, Embention, Griffon Aerospace, Denel Dynamics and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.
Moreover, the competitive analysis includes the companies deals such as Mergers, Acquisitions, Partnerships and so on along with the expansion areas focusing on the additional geographies, future insights for success and market share analysis. Major players strategies include the launch of the innovative product lines along with the emphasis on the partnerships and acquisitions to standardize their market share in the market space.
Market Research methodology includes the triangulation of the data from the data sources such as Primary Market Research approach and Secondary Market Research Approach along with the data from the trade bodies and industry standard publications and data sources. Primary inputs from the industry experts and the market respondents from the respective industries to obtain very critical information to assess the future growth prospects of the market. The final data is triangulated and thoroughly validated considering all the data sources using the bottom-up and the top-down approaches to estimate the market sizing of the individual segments.
Market Overview
Definition & Scope
- The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.
- The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.
- The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.
- Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.
- Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.
- As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.
By Type
Introduction
By By Type, The Target Drones Market analysis covers Fixed Wing, Rotary Wing.
Fixed Wing
The Fixed Wing segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Rotary Wing
The Rotary Wing segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
By End Use
Introduction
By By End Use, The Target Drones Market analysis covers Aerial Targets, Ground Targets, Marine Targets.
Aerial Targets
The Aerial Targets segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Ground Targets
The Ground Targets segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Marine Targets
The Marine Targets segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
By End-Use Sector
Introduction
By By End-Use Sector, The Target Drones Market analysis covers Defense, Commercial.
Defense
The Defense segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Commercial
The Commercial segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
By Target Type
Introduction
By By Target Type, The Target Drones Market analysis covers Full-Scale Targets, Subscale Targets, Free-Flying Targets, Towing Targets, Sporting Targets.
Full-Scale Targets
The Full-Scale Targets segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Subscale Targets
The Subscale Targets segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Free-Flying Targets
The Free-Flying Targets segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Towing Targets
The Towing Targets segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Sporting Targets
The Sporting Targets segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
By Application
Introduction
By By Application, The Target Drones Market analysis covers Combat Training, Target & Decoy, Reconnaissance, Target Identification, Target Acquisition.
Combat Training
The Combat Training segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Target & Decoy
The Target & Decoy segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Reconnaissance
The Reconnaissance segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Target Identification
The Target Identification segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Target Acquisition
The Target Acquisition segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
By Engine Type
Introduction
By By Engine Type, The Target Drones Market analysis covers Jet Engines, Internal Combustion (Ic) Engines, Others.
Jet Engines
The Jet Engines segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Internal Combustion (Ic) Engines
The Internal Combustion (Ic) Engines segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Others
The Others segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
By Build
Introduction
By By Build, The Target Drones Market analysis covers Newbuild, Converted.
Newbuild
The Newbuild segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Converted
The Converted segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
By Speed
Introduction
By By Speed, The Target Drones Market analysis covers High (> 250 Mps), Low (< 250 Mps).
High (> 250 Mps)
The High (> 250 Mps) segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Low (< 250 Mps)
The Low (< 250 Mps) segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
By Payload Capacity
Introduction
By By Payload Capacity, The Target Drones Market analysis covers High (>40 Kg), Medium (20 Kg to 40 Kg), Low (<20 Kg).
High (>40 Kg)
The High (>40 Kg) segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Medium (20 Kg to 40 Kg)
The Medium (20 Kg to 40 Kg) segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Low (<20 Kg)
The Low (<20 Kg) segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
By Mode of Operation
Introduction
By By Mode of Operation, The Target Drones Market analysis covers Autonomous, Remotely Piloted, Optionally Piloted.
Autonomous
The Autonomous segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Remotely Piloted
The Remotely Piloted segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Optionally Piloted
The Optionally Piloted segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
By Region
- Introduction
- Covid-19 Impact on Target Drones Market, by Region
- North America
- Europe
- Asia-Pacific
- Middle East & North Africa
- Rest of the World (Row)
Introduction
By By Region, The Target Drones Market analysis covers Covid-19 Impact on Target Drones Market, by Region, North America, Europe, Asia-Pacific, Middle East & North Africa, Rest of the World (Row).
Covid-19 Impact on Target Drones Market, by Region
The Covid-19 Impact on Target Drones Market, by Region segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
North America
The North America segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Europe
The Europe segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Asia-Pacific
The Asia-Pacific segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Middle East & North Africa
The Middle East & North Africa segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Rest of the World (Row)
The Rest of the World (Row) segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Company Analysis
- Introduction
- The Boeing Company
- Qinetiq Group plc
- Northrop Grumman Corporation
- Kratos Defense & Security Solutions, Inc.
- Airbus Group
- Lockheed Martin Corporation
- Leonardo S.P.A.
- BSK Defense S.A.
- Air Affairs Australia Pty Ltd.
- Saab Ab
- Aerotargets International, LLC
- L3 Asv
- Bae Systems
- Raytheon
- General Dynamics Corporation
- Almaz-Antey
- Thales
- Embention
- Griffon Aerospace
- Denel Dynamics
Introduction
Key companies operating in the market include The Boeing Company, Qinetiq Group plc, Northrop Grumman Corporation, Kratos Defense & Security Solutions, Inc., Airbus Group, Lockheed Martin Corporation, Leonardo S.P.A., BSK Defense S.A., Air Affairs Australia Pty Ltd., Saab Ab, Aerotargets International, LLC, L3 Asv, Bae Systems, Raytheon, General Dynamics Corporation, Almaz-Antey, Thales, Embention, Griffon Aerospace, Denel Dynamics and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.