Target drones Market Analysis & Forecast 2027

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(/PRESS-RELEASE-2.HTML) Target Drones Industry
worth 6.4 billion by 2027 7500 COMPANIES
WORLDWIDE APPROACH US EVERY YEAR FOR THEIR
REVENUE GROWTH INITIATIVES KNTOaWrMgOeRtE
Dr(/oKnnowelesdgIenstodreu.asspt)ry worth 6.4
billion by 2027 VIEW FULL TABLE OF CONTENTS
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TARGET- DRONE-MARKET-115334135.HTML) METHODOLOGY
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PDF (/PDFDOWNLOADNEW.ASP?ID115334135) According
to a research report "Target drones Market
(https//www.marketsandmarkets.com/Market-
Reports/target-drone-market-115334135.html) by
End-use Sector (Defense, Commercial), End Use
(Aerial Targets, Ground Targets, Marine
Targets), Application, Mode of Operation, Payload
Capacity, Build, Target Type, Engine Type,
Speed, Type and Region - Global Forecast to 2027"
published by MarketsandMarkets, the Target
drones Market is projected to grow from USD 4.5
billion in 2022 to USD 6.4 billion by 2027, at a
CAGR of 7.4 from 2022 to 2027. The advent of
target drones in terms of compact designs and
recovery systems, is one of the major driving
factor for the demand of target drones
market. Browse 177 market data Tables and 50
Figures spread through 201 Pages and in-depth TOC
on "Target drones Market by End-use Sector
(Defense, Commercial), End Use (Aerial Targets,
Ground Targets, Marine Targets), Application,
Mode of Operation, Payload Capacity, Build,
Target Type, Engine Type, Speed, Type and Region
- Global Forecast to 2027" View detailed Table of
Content here - https//www.marketsandmarkets.com/M
arket-Reports/target-drone-market-
115334135.html (https//www.marketsandmarkets.com/
Market-Reports/target-drone-market-115334135.html)
By payload (https//www.marketsandmarkets.com/Pre
ssReleases/satellite-payload.asp) capacity, the
Medium (20 kg to 40 kg) segment is expected to
lead the market during the forecast period On the
basis of payload capacity, the target drones
market has been segmented into high (gt40 kg),
medium (20 kg to 40 kg), and low (lt20 kg). Owing
to the growing applications of these target
drones, they are equipped with payloads such as
identification friend or foe, passive active
radar augmentation, infrared augmentation, and
electronic payloads, among others. The use of
target drones in applications such as target
decoy, reconnaissance, and combat training
requires additional components to make them more
effective in operations. These target drones are
equipped with passive active radar
augmentation, electronic payloads, GPS
navigation, and several types of cameras. With
the increasing efforts to make military training
more realistic, these payloads are used to help
drones perform functions in the above-mentioned
applications By mode of operation, the remotely
piloted segment has the highest share in the
forecasted period
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peration, the target drones market has been
segmented into autonomous, remotely ted. With
growing advancements in connectivity technology,
target drones can be nomously with preprogrammed
functions. Some target drones are designed with
the o(/)ption of both, remote as well as
autonomous operation. These are known as
optionally piloted drones. Most target drones
that are currently being developed are remotely
piloted. These drones offer better control and
mitigate the HrOisMkEs(/o) f pPRroESgSraRmELEfaAiS
luESre(/PthREaStSis-REpLrEeAvSaEl-e2n.HtTiMnL)auRt
oEPnOoRmTSoSu(/iTgsOndPIn-rMo(hAntRtepKssE./T/w-R
wEwP.OmRaTrkSe.AtsSaPn)dmCaArkReEtsE.cRo(m/C/sAiRg
nEiEnR.a.sApS)P) CONTACT US (/CONTACTUS.ASP) Jet
engines segment has the highest share in the
forecasted period On the basis of the engine
type, the target drones market has been segmented
into internal combustion (IC), jet, and others
(electric motors, microturbine engines, and
free-flying). Based on engine type, the jet
engines segment led the target drones market in
2022. This segment was valued at USD 3494 million
in 2022 and is projected to reach USD 5090
million by 2027, recording the highest CAGR of
7.8 from 2020 to 2027 . The segment is expected
to lead the market, as most target drones are
powered by jet engines, which have a higher
power-to- weight ratio compared to IC
engines. North America has the highest share in
the forecasted period. The North America Unmanned
Aerial Target market is projected to grow at the
highest rate of 7.8 during the forecast period.
The US navy is focusing on the development of
UAVs that can be integrated with its naval fleet.
In August 2018, Boeing was awarded a contract
worth USD 805 million to develop and build the
MQ-25, an aerial refueling tanker. Along with
the military sector, the commercial sector is
also expected to offer growth opportunities for
the target drones market during the forecast
period. According to the Federal Aviation
Administration (FAA), the commercial drone fleet
of the US is expected to grow from 42,000 drones
in 2016 to about 442,000 drones by 2021. Key
players in the target drones market include
QinetiQ Group plc (UK), Kratos Defense Security
Solutions, Inc. (US), Airbus Group
(Netherlands), Northrop Grumman Corporation (US),
and Boeing Company (US). The players are largely
focused on new product development and launches,
and having a strong global presence will help
them gain a competitive advantage in the target
drones industry. These companies are
concentrating their efforts on breaking into new
markets by launching technologically superior and
cost-effective platforms and infrastructure
solutions. These companies, in addition to new
product releases and advances, have adopted
partnership, contracts and agreement
strategy. Dont miss out on business
opportunities in Target drones Market. Speak to
our analyst and gain crucial industry insights
that will help your business grow.
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ew.asp?id115334135) About MarketsandMarkets Mark
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players across leaders, emerging companies,
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On the basis of mode of o piloted, and optionally
pilo operated remotely or auto
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