Global target drone market is estimated to reach $5.82 Bn by 2021 with CAGR of 9.74%

Press Release   •   Nov 03, 2016 15:29 EDT

Target Drone Market: By Specification (Size, Speed, Payload, Autonomy, Reach, Others), By Engine Type (Piston, Wankel, Turboprop, Turbojet, Others), By Application (Target and Decoy, Training, Reconnaissance, Others)-Forecast (2016-2021)

Target drones are remotely controlled unmanned vehicles use for various defence operations. These are subclass of aerial targets that are specifically created for Research, Development, testing & Evaluation (RDT&E) purposes. This encompasses many applications such as target and decoy, training, reconnaissance. Increase in spending of aerial target developments, initiatives for unmanned combat aerial vehicle programs, emphasis on testing & evaluation and training are the primary factors that have been driving the growth of this market.

The global target drone market has been analyzed with respect to different parameters such as demand, supply, end-users and service providers. Target drone market is classified based on the specification, engine type, application and by geography.

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Target Drone Market

The overall market is also presented from the perspective of different geographic regions and the key countries in each region. Americas is the dominating market which held a major revenue share in 2015 mainly driven by investments in Special Forces, UAVs and fighter aircraft able to carry ground attacks. APAC attributed the fastest growth rate resulting from developing nations such as China and India developing indigenous air based defense equipment to reduce their import spending on defense. This growth was followed by Europe and RoW. The global target drone market is estimated to reach $5.82 Bn by 2021 with CAGR of 9.74% during the forecast period.

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Table of Contents in Brief:

1. Target Drone Market Overview

2. Executive Summary

3. Target Drone Market Landscape

3.1. Market Share Analysis

3.2. Comparative Analysis

3.2.1. Product Benchmarking

3.2.2. Patent Analysis

3.2.3. End User Profiling

3.2.4. Top 5 Financials Analysis

4. Target Drone - Market Forces

4.1. Market Drivers

4.2. Market Constraints

4.3. Market Challenges

4.4. Attractiveness of Target Drone Market

4.4.1. Power of Suppliers

4.4.2. Power of Customers

4.4.3. Threats of New Entrants

4.4.4. Threats of Substitution

4.4.5. Degree of Competition

5. Target Drone Market - Strategic Analysis

5.1. Value Chain Analysis

5.2. Pricing Analysis

5.3. Opportunity Analysis

5.4. Product/Market Life Cycle Analysis

5.5. Suppliers and Distributors

6. Target Drone Market – By Specification

6.1. Size

6.2. Speed

6.3. Endurance

6.4. Altitude

6.5. Autonomy

6.6. Maneuverability

6.7. Reach

6.8. Payload

6.9. Retrieval System

6.10. Others

7. Target Drone Market – By Engine Type

7.1. Piston Engine

7.2. Wankel Engine

7.3. Turboprop

7.4. Turbojet

7.5. Others

8. Target Drone Market – By Application

8.1. Target and Decoy

8.2. Testing and Calibration of Weapon System

8.3. Training

8.4. Reconnaissance

8.5. Tracking and Monitoring

8.6. Research and Development of Weapons

8.7. Others

9. Target Drone Market – By Region

9.1. Americas

9.2. Africa

9.3. Europe

9.4. APAC

9.5. ROW

10. Market Entropy

10.1. New Product Launches

10.2. M&As, JVs, Collaborations, Partnership

11. Company Profiles

11.1. Lockheed Martin Corporation

11.2. The Boeing Co.

11.3. Northrop Grumman Corporation

11.4. Griffon Aerospace, Inc.

11.5. BAE Systems, plc.

11.6. BSK Defense S.A

11.7. Kratos Defense and Security Solutions, Inc.

11.8. Aerotargets International,LLC

11.9. Rotron Power Ltd

11.10. Tasuma(UK) Ltd.

11.11. Meggit PLC

11.12. RMS s.a. Technology

11.13. Denel SOC ltd.

11.14. Equipaer Industria Aeronautica Ltd

11.15. Amjet-u Tech. Co. Ltd

11.16. Air Affairs Australia Pty., Ltd

11.17. P.B Aviation Ltd.

11.18. Textron Inc.

11.19. Turkish Aerospace Industries Inc.

11.20. Airbus Group Inc.

*More than 40 Companies are profiled in this Research Report, Complete List available on Request*

"*Financials would be provided on a best efforts basis for private companies"

12. Appendix

12.1. Abbreviations

12.2. Sources

12.3. Research Methodology

12.4. Bibliography

12.5. Compilation of Expert Insights

12.6. Disclaimer

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