Target Drone Market Estimated to Reach USD 5.8 Billion by 2021

“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”
Growing demand for piston engine set to Fuel the Target Drone Market; the Market is estimated to reach $5.8Bn by 2021.

According to the market research report “Target Drone Market: By Specification (Size, Speed, Payload, Autonomy, Reach, Others), By Engine Type (Piston, Wankel, Turboprop, Turbojet, Others), By Application (Target and Decoy, Training, Reconnaissance, Others)-Forecast (2016-2021)” published by IndustryARC, the Global Target Drone Market is estimated to reach $5.8Bn by 2021.

Browse 15 Market Tables, 62 Figures spread through 60 Pages and an in-depth TOC on “Target Drone Market (2015 – 2021)” –

Target Drone is an unmanned aerial vehicle that is generally remote controlled used in the training of ant-aircraft crews. Target drones often resemble radio controlled model aircraft. Target drones are used not only for training pilots with live weapons but are also used by military for military surveillance. Target drone have high revenues in Americas and Europe and are forecasted to show high growth in APAC.

Piston Engine is a reciprocating engine also known as internal combustion engines. In this type of engines the fuel mixture is burned along within the engine. Aircraft piston engines are typically designed to run on aviation gasoline which has a high octane rating compared to other automotive gasoline. These high octane ratings allows for the use of higher compression ratios, increasing power output and improves efficiencies at higher altitudes. Components of piston engine include cylinders, pistons, connecting rods, crank shafts, valves and others. The demand for piston engines is due to the use the most advanced rotary technology and premium materials which can result in industry leading target drones in performance, light weight, reliable and efficient.

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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.

The major players in this market Include:

  • Boeing (U.S.),
  • Lockheed Martin (U.S.)
  • Northrop Grumman (U.S.)
  • Meggit (U.K.)

Target drone providers are continuously investing in developing and launching of new products with consistent requirements for different applications such as testing & calibrations, training and to provide solutions for growing requirements such as Need to Replicate High Density, Multi-Axis Attacks and others. Top four players account for approximately 72% of the total market.

The Target Drone Market Report provides detailed analysis of the different engine types, applications and geographic regions.

Various types of engines included in the market study are:

  • Piston engine
  • Wankel engine
  • Turbopop
  • Turbojet
  • Others

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Target Drone – Technological Advances With Increasing R&D Budgets And Widening Market Scope

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Our Webinar aims at connecting the interested viewers with the latest trends in the market- greatest segments; emerging areas of technology; legality related discussions; understanding how the supply chain and more.

About IndustryARC:

IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

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