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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

Target Drones Market from Consainsights analyses the Target Drones Market Market in the Aerospace & Defense industry over the forecast period to 2027.

Figure 1: Target Drones Market Size, 2019-2027

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.

Figure 2: Target Drones Market Share (%), Type 2021

Based on the End Use, the Target Drones Market analysis covers Aerial Targets, Ground Targets, Marine Targets.

Figure 3: Target Drones Market Share (%), End Use 2021

Based on the End-Use Sector, the Target Drones Market analysis covers Defense, Commercial.

Figure 4: Target Drones Market Share (%), End-Use Sector 2021

Based on the Target Type, the Target Drones Market analysis covers Full-Scale Targets, Subscale Targets, Free-Flying Targets, Towing Targets, Sporting Targets.

Figure 5: Target Drones Market Share (%), Target Type 2021

Based on the Application, the Target Drones Market analysis covers Combat Training, Target & Decoy, Reconnaissance, Target Identification, Target Acquisition.

Figure 6: Target Drones Market Share (%), Application 2021

Based on the Engine Type, the Target Drones Market analysis covers Jet Engines, Internal Combustion (Ic) Engines, Others.

Figure 7: Target Drones Market Share (%), Engine Type 2021

Based on the Build, the Target Drones Market analysis covers Newbuild, Converted.

Figure 8: Target Drones Market Share (%), Build 2021

Based on the Speed, the Target Drones Market analysis covers High (> 250 Mps), Low (< 250 Mps).

Figure 9: Target Drones Market Share (%), Speed 2021

Based on the Payload Capacity, the Target Drones Market analysis covers High (>40 Kg), Medium (20 Kg to 40 Kg), Low (<20 Kg).

Figure 10: Target Drones Market Share (%), Payload Capacity 2021

Based on the Mode of Operation, the Target Drones Market analysis covers Autonomous, Remotely Piloted, Optionally Piloted.

Figure 11: Target Drones Market Share (%), Mode of Operation 2021

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).

Figure 12: Target Drones Market Share (%), Region 2021

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.

Table: 1: Target Drones Market Size, By By Type

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.

Table: 2: Target Drones Market Size, By By End Use

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.

Table: 3: Target Drones Market Size, By By End-Use Sector

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.

Table: 4: Target Drones Market Size, By By Target Type

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.

Table: 5: Target Drones Market Size, By By Application

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.

Table: 6: Target Drones Market Size, By By Engine Type

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.

Table: 7: Target Drones Market Size, By By Build

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).

Table: 8: Target Drones Market Size, By By Speed

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).

Table: 9: Target Drones Market Size, By By Payload Capacity

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.

Table: 10: Target Drones Market Size, By By Mode of Operation

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

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).

Table: 11: Target Drones Market Size, By By Region

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

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.