DUBLIN--(BUSINESS WIRE)--The "Target Drone Market: By Specification; By Engine Type; By Application; By Geography - Forecast 2015-2021" report has been added to ResearchAndMarkets.com's offering.
The global target drone market is estimated to reach $5.82 Bn by 2021 with CAGR of 9.74% during the forecast period.
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.
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.
Key Topics Covered:
1. Target Drone - Market Overview
2. Executive Summary
3. Target Drone - Market Landscape
4. Target Drone - Market Forces
5. Target Drone Market - Strategic Analysis
6. Target Drone Market - By Specification
7. Target Drone Market - By Engine Type
8. Target Drone Market - By Application
9. Target Drone Market - By Region
10. Market Entropy
11. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/27n4h2/target_drone?w=4