Military Surveillance Drones Market Research Report - Global Forecast To 2023

Military Surveillance Drones Market Research
Report By Forecast To 2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Military Surveillance Drones Market Research Report - Forecast to 2023
Global Military surveillance drones market Information by Type (Fixed Wing, Micro/ Nano and Mini), by
Payload (Electro-Optic/Infrared Sensor, Cameras, Electronic Intelligence, Maritime Patrol Radar and
Others) And Region - Forecast To 2023
The global military surveillance drones market is a very dynamic market and is expected to witness high growth over the
forecast period. The global Military surveillance drones market is driven by various factors such as increase in Internal and
External Security Threats, increasing Need for Border Monitoring and development of Next-Generation Drones. Drones are
the next generation of aerial platforms that are being deployed by the defense ministries around the world. The demand for
such unmanned systems has been fuelled by their successful deployment, during combat missions, majorly in countries
such as Iraq and Afghanistan. In recent years, there has been a rise in the number of global conflicts such as the Russia and
Ukraine conflict over Crimea, battle for supremacy in the South China Sea territory between China and South Korea,
maritime disputes between Venezuela and Guyana, and the sea border dispute between Colombia and Nicaragua. This
creates the need to up-date border surveillance systems and the treatment of operational information concerning threats.
However, the growth of this market will be hampered owing to factors such as Issues Associated with Data Processing,
prone to Cyber Attacks and Low Endurance and Flight Range.
The global Military surveillance drones market size is projected to grow from USD 2083.0 Million in 2016 to USD 4549.4
Million in the year 2023, at the CAGR of 11.96 %.
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Military Surveillance Drones Market Research Report - Forecast to 2023
Of all types, the fixed wing segment is projected to account for the largest market share. Fixed-wing drones are equipped
with wings (rather than vertical lift rotors), which are similar to the normal airplanes, and are much efficient as compared to
other type of drones. These drones are controlled by the control surfaces that are integrated in the wing (such as ailerons,
elevator, and rudder). These drones are able to cover longer distances, map much larger areas, and are suitable for longduration monitoring of their point of interest. These also provide various advantages such as long endurance, large area
coverage, and faster flight speed. As a result, they are widely adopted for surveillance missions
On the basis of payload, Electro-Optic/Infrared Sensor segment is dominating the global Military surveillance drones
market. Electro-optical payloads are the sensors that enable unmanned vehicles to sense and avoid obstacles, detect
movement, navigate accurately, find the enemy, and warn of the potential for buried improvised explosive devices. As
electro-optical and electronic component technology becomes smaller, lighter, and more affordable, the payload designers
have the option of choosing between smaller size and weight, or more capability.
Of all regions, North America region is expected to dominate the global Military surveillance drones market. The growth of
the region can be attributed to the increased applications of the unmanned aerial vehicles (UAVs) in military, homeland
security, and commercial areas. The region also leads the global market in terms of expenditure and technological
advancements, and has a large number of deployments of UAVs in vulnerable regions. Thus, the US generates a very high
demand for the surveillance drones. Although, Canada and Mexico make some investments in the development of the
drones, yet the market is primarily dominated by the US.
Military drones are powered aerial vehicles that do not carry human operators and can fly autonomously and remotely.
These drones are largely being used for intelligence, surveillance, and reconnaissance (ISR) missions. The drones can stay in
air for hours or days at a time, and their high-tech cameras can scan a wide geographic area required for surveillance. Such
drones are procured by several countries for monitoring their national and sea borders.
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Military Surveillance Drones Market Research Report - Forecast to 2023
Segmentation
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Military Surveillance Drones Market Research Report - Forecast to 2023
Key Players
The key players of global Military surveillance drones market include Boeing (U.S.), Airbus Corporation (Netherlands),
Lockheed Martin (U.S.), Northrop Grumman Corporation (U.S.), Thales Group (France), Elbit Systems Ltd (Israel), Saab Group
(Sweden), Israel Aerospace Industries Ltd. (Israel), AeroVironment, Inc. (U.S.) and General Atomics (U.S.).
The report for Global Unattended Ground Sensors Market by Market Research Future covers extensive primary research.
This is accompanied with a detailed analysis of qualitative and quantitative aspects by various industry experts and key
opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the
current market scenario, which includes the historical and forecasted market size, in terms of value and volume,
technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive
information about the strategies of the top companies in the industry, along with a broad study of the different market
segments and regions
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Global Military surveillance drones market Information by Type (Fixed Wing, Micro/ Nano and Mini), by Payload (Electro-Optic/Infrared Sensor, Cameras, Electronic Intelligence, Maritime Patrol Radar and Others) And Region - Forecast To 2023