Military Drone Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Product Type (Fixed Wing, Rotary Wing, Hybrid), By Technology (Remotely Operated Drones, Semi-Autonomous Drone, Autonomous Drone), By Altitude (HALE, MALE, LALE), By Range (Visual Line of Sight (VLOS), Extended Visual Line of Sight (EVLOS), Beyond Line of Sight (BLOS)), By Weight (Below 5

Published Date: March - 2025 | Publisher: MIR | No of Pages: 280 | Industry: Aerospace and Defense | Format: Report available in PDF / Excel Format

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The military drone market has been growing rapidly due to increasing defense budgets, technological advancements, and the rising demand for unmanned systems in modern warfare. Below is an overview of the market size, trends, and key drivers as of recent data

Military Drone Market Size (2023 and Beyond)

  • 2023The size of the global military drone market was approximated to be 12billionto12billionto14 billion.

    Growth ProjectionThe market is projected to grow at a Compound Annual Growth Rate (CAGR) of 10% to 15% between 2023 and 2030.

    2030 ProjectionThe market is projected to be 25billionto25billionto30 billion by 2030.

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Increased Demand for Unmanned Aerial Vehicles Drives the Market Demand

unmanned aerial vehicles

Growing Military Spending Propels the Market Demand

Nations have stepped up their expenditure on the acquisition of advanced technologies, Automatic and hardware. According to the Stockholm International Peace Research Institute (SIPRI) report, defense spending was $2113 billion in 2021, and the largest defense spenders were the United States, China, India, the United Kingdom, and Russia. The growing defense spending is anticipated to enhance the global military drone market share over the next five years.MIR Segment1

Market Segmentation

  1. By Type

    • Fixed-Wing DronesDominant segment due to their long-range and endurance capabilities.

    • Rotary-Wing DronesUsed for short-range missions and vertical takeoff/landing.

    • Hybrid DronesCombining features of fixed-wing and rotary-wing drones.

  2. By Application

    • Intelligence, Surveillance, and Reconnaissance (ISR)

    • Combat Operations

    • Target Decoys

    • Communication Relay

    • Search and Rescue

  3. By Range

    • Short-Range Drones

    • Medium-Range Drones

    • Long-Range Drones

  4. By Region

    • North AmericaLargest market due to high defense spending and technological leadership (U.S. is the top contributor).

    • EuropeSignificant growth driven by NATO countries' modernization programs.

    • Asia-PacificFastest-growing region due to rising defense budgets in China, India, and South Korea.

    • Middle East & AfricaIncreasing adoption of drones for counter-terrorism and border security.

    • Latin AmericaSteady growth due to modernization efforts.

    • Key Players

    • Major Companies

      • General Atomics (U.S.)

      • Northrop Grumman Corporation (U.S.)

      • Lockheed Martin Corporation (U.S.)

      • AeroVironment, Inc. (U.S.)

      • Elbit Systems Ltd. (Israel)

      • DJI (China)

      • Thales Group (France)

      • Boeing (U.S.)

      • BAE Systems (U.K.)

      • Israel Aerospace Industries (IAI)

Market Players

Northrop Grumman Corporation, Elbit Systems Ltd., Israel Aerospace Industries, AeroVironment, Inc., Lockheed Martin Corporation, The Boeing Company, Thales Group, Textron Inc., Raytheon Technologies Corporation, BAE Systems plc, are the major market players operating in the global military drone market.

Attribute

Details

Base Year

2021

Historic Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Product Type

·         Technology

·         Altitude

·         Range

·         Weight

Regional scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; China, India, Japan, Thailand, Indonesia, Australia, South Korea; Germany, France, United Kingdom, Spain, Italy, Netherlands, Russia, Poland; Brazil, Argentina; Saudi Arabia, Iran, Israel, UAE, Turkey

Key companies profiled

Northrop Grumman Corporation, Elbit Systems Ltd., Israel Aerospace Industries, AeroVironment, Inc. , Lockheed Martin Corporation, The Boeing Company, Thales Group, Textron Inc., Raytheon Technologies Corporation, BAE Systems plc

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

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Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Table of Content

Here's a table of contents (TOC) for a report on the Military Drone Market:

Table of Contents

  1. Executive Summary

    • Overview of the Military Drone Market
    • Key Trends and Developments
    • Market Growth Projections

  2. Introduction

    • Definition and Scope
    • Objectives of the Study
    • Research Methodology

  3. Market Dynamics

    • Drivers
    • Restraints
    • Opportunities
    • Challenges

  4. Military Drone Market Segmentation

    • By Type
      • Fixed-Wing Drones
      • Rotary-Wing Drones
      • Hybrid Drones
    • By Application
      • Surveillance & Reconnaissance
      • Combat Operations
      • Target Acquisition
      • Logistics & Supply
    • By End-User
      • Army
      • Navy
      • Air Force

  5. Regional Analysis

    • North America
    • Europe
    • Asia-Pacific
    • Middle East & Africa
    • Latin America

  6. Competitive Landscape

    • Key Players in the Market
    • Market Share Analysis
    • Recent Developments and Innovations

  7. Technological Advancements

    • AI and Autonomous Capabilities
    • Sensor and Imaging Technologies
    • Stealth and Low-Visibility Drones

  8. Regulatory Landscape

    • Government Policies and Regulations
    • Export Control and Compliance

  9. Future Trends and Opportunities

    • Emerging Markets
    • Next-Generation Drone Technologies
    • Industry Collaborations and Partnerships

  10. Conclusion & Recommendations

  • Summary of Key Findings
  • Strategic Recommendations for Stakeholders

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