From GlobeNewswire: 2024-11-14 10:00:00

Target drones are a crucial subclass of unmanned aerial vehicles used for military operations, training, and testing. The global market is being driven by increasing adoption of unmanned systems and rising deployment of defense systems in emerging countries. North America and Europe are key regions for market growth, with leading manufacturers like Boeing and BAE Systems.

The target drone market is expected to grow significantly, with various segments such as full-scale, sub-scaled, and towing drones. Remotely operated drones are the most popular mode of operation, while aerial drones dominate the platform segment. Combat training is the primary application, with the military being the largest end-user. North America is the leading market region with a CAGR of 9.06%.

Recent developments in the market include Kratos winning a USD 21.7 million Air Force contract for target drones. This highlights the growing importance of target drones in military operations. The market is segmented based on target type, mode of operation, platform, payload, application, and end-user.

Straits Research Pvt. Ltd. is a market intelligence company providing global business information reports and services. They offer actionable market research data for decision-making and ROI. With a focus on market segmentation and regional analysis, they aim to provide valuable insights to clients worldwide. Contact them for more information on the target drone market.



Read more at GlobeNewswire: Target Drone Market Size to Hit USD 12342.87 Million by