The target drones market size has shown considerable growth in recent years, ballooning from $5.1 billion in 2024 to an expected $5.55 billion in 2025, marking a compound annual growth rate (CAGR) of 8.7%. The growth during this historic period can be attributed to factors such as military training requirements, increased defense budgets, integration of electronic warfare training and a surge in the adoption of unmanned systems.
In the coming years, the target drones market is expected to sustain this strong growth. Projections indicate that it will reach a stunning $7.47 billion by 2029, growing at a CAGR of 7.7%. This growth in the forecast period can be linked to growing demand for multi-domain training and an increased focus on electronic attack training. Innovations such as integration with live-fire exercises, increasing importance placed on anti-drone training and the adoption of high-speed target drones are expected to propel further market growth.
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What is the Key Growth Driver for the Target Drones Market?
The key growth driver of the target drones market is the significant increase in defense spending. This funding is allocated for military operations, personnel pay and training, healthcare and the maintenance and purchase of buildings, equipment and weapons, including military drones. For instance, in April 2022, the UK Defense Expenditure indicated that defense spending for 2020-21 amounted to £42.4 billion (USD 49.65 billion), marking a nominal rise of £2.5 billion (USD 2.92 billion) and a real increase of £1.7 billion (USD 1.99 billion) over the previous year. Thus, the increased defense spending is a driving force behind the target drones market.
What Are the Key Sectors in the Global Target Drones Market?
The target drones market report considers the following segments:
1) By Target: Aerial Target, Ground Target, Marine Target
2) By Mode Of Operation: Autonomous, Remotely Piloted
3) By Engine Type: Internal Combustion Engine, Jet Engine, Other Engine Types
4) By Application: Combat Training, Target And Decoy, Reconnaissance, Target Identification, Target Acquisition
5) By End Use: Defense, Commercial
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Who Are the Major Players in the Target Drones Market?
Key companies operating in the target drones market include Airbus SE, BAE Systems PLC, Denel Dynamics, Embention, Griffon Aerospace, Leonardo S.p.A., Northrop Grumman Corporation, Boeing, AeroTargets International, Air Affairs Australia, and Kratos Defense & Security Solutions Inc., among others.
What Emerging Trends are Visible in the Target Drones Market?
Technological advances are shaping trends in the target drones market. Companies are striving for technological advancement to maintain their positions. For instance, EDGE, a UAE-based defense and space manufacturer, launched swarming drones in February 2022. These unmanned aerial systems (UAS) use advanced AI technology, allowing them to swarm together on joint missions.
Which Region Leads the Target Drones Market and which is Rising the Fastest?
In 2024, North America was the largest player in the target drones market. However, Asia-Pacific is expected to be the fastest-growing region in the coming years. Other regions analyzed in the target drones market report include Western Europe, Eastern Europe, South America, Middle East, and Africa.
What Does The Target Drones Market Report 2025 Offer?
Target drones are unmanned aerial vehicles, often remote-controlled, used for training anti-aircraft operators. These modern drones can mimic actual airplanes by using defenses, radar, and other technologies. They are deployed for military system development and evaluation, training military personnel on threat detection and performing destruction tests on manned combat aircraft and anti-aircraft weapons. The Target Drones Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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