Sep 30, 2020   SOURCE: BusinessWire

Global Target Drone Market Report 2020: Target and Decoy, Reconnaissance, Surveillance, Combat Training & Target Acquisition Analysis, Trends, Market Size, and Forecasts 2018-2026 - ResearchAndMarkets.com

The "Target Drone Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2026" report has been added to ResearchAndMarkets.com's offering.

The report predicts the global target drone market to grow with a CAGR of 6.9% over the forecast period from 2020-2026.

The report on the global target drone market provides qualitative and quantitative analysis for the period from 2018 to 2026. The study on target drone market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2018 to 2026.

The report on target drone market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global target drone market over the period of 2018 to 2026. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global target drone market over the period of 2018 to 2026. Further, the Growth Matrix given in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings

1) Drivers

  • The Use of Target Drones is Growing Rapidly in Target and Decoy, Reconnaissance, Surveillance, Combat Training, and Target Acquisition for Safety Reasons
  • The Increased Funding for the Military Training Program, Increasing Instances of Maritime Piracy,

2) Restraints

  • Lack of Skilled Professionals May Hamper the Growth of the Global Target Drone Market

3) Opportunities

  • Product Innovation is one of the Major Strategies Adopted by Several Players Creates Greater Growth Opportunities

Segment Covered

The global target drone market is segmented on the basis of platform, end user, and application.

Global Target Drone Market by Platform

  • Aerial Target
  • Ground Target
  • Underwater Target
  • Sea Surface Target

Global Target Drone Market by End User

  • Defense
  • Commercial
  • Homeland Security

Global Target Drone Market by Application

  • Target and Decoy
  • Reconnaissance
  • Surveillance
  • Combat Training
  • Target Acquisition

Company Profiles

The companies covered in the report include

  • Lockheed Martin Corporation
  • Leonardo S.p.A.
  • Airbus SE
  • Saab AB
  • Northrop Grumman Corporation
  • Kratos Defense & Security Solutions, Inc
  • Qinetiq
  • The Boeing Company
  • AeroTargets International, LLC
  • ASV Global

For more information about this report visit https://www.researchandmarkets.com/r/cwvfoj