Global $6.2 Billion Target Drones Market 2017 by Engine Type, End-user, Platform, Target Type and Region - Global Forecast to 2022 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Target Drones Market by Engine Type, End-user, Platform, Target Type and Region - Global Forecast to 2022" report to their offering.

The target drones market is projected to grow from USD 3.79 billion in 2016 to USD 6.20 billion by 2022, at a CAGR of 8.55% from 2016 to 2022.

The growth of the target drones market can be mainly attributed to factors, such as increased emphasis on enhanced military training and various advantages of target drones over manned target vehicles. However, lack of skilled and trained personnel to operate and control target drones may restrain the growth of this market.

Based on target type, the sub-scaled segment is estimated to lead the target drones market in 2016. The growth of this segment can be attributed to the increased procurement of sub-scaled aerial target drones by armed forces across the globe because advanced capabilities in simulating the threat scenario at comparatively low-cost.

Based on fit, the linefit is projected to witness the highest growth from period 2016 to 2022. Owing to limited defense budget allocation in emerging countries, customization of fighter aircraft is not feasible, as most of the emerging countries procure fighter aircraft from the U.S. and Russia, and cannot afford to convert them into aerial targets. Hence, target drones are majorly linefitted.

North America is estimated to be the largest market for target drones in 2016

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Target Drones Market, By Engine Type

8 Target Drones Market, By End User

9 Target Drones Market, By Fit

10 Target Drones Market, By Platform

11 Target Drones Market, By Target Type

12 Target Drones Market, By Region

13 Competitive Landscape

14 Company Profiles

  • ASV Global
  • Aerotargets International, LLC
  • Air Affairs Australia Pty Ltd.
  • Airbus Group
  • BSK Defense S.A.
  • Kratos Defense & Security Solutions, Inc.
  • Leonardo S.P.A.
  • Lockheed Martin Corporation
  • Northrop Grumman Corporation
  • Qinetiq Group PLC
  • Saab AB
  • The Boeing Company

For more information about this report visit http://www.researchandmarkets.com/research/bh9cbh/target_drones

Contacts

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Laura Wood, Senior Manager
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Related Topics: Unmanned Aerial Vehicles (UAVs) - Drones, Engines and Engine Parts , Military Unmanned Systems

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Unmanned Aerial Vehicles (UAVs) - Drones, Engines and Engine Parts , Military Unmanned Systems