Military Drone Market, Industry Share, Trends, Growth, Future Prospects, Forecast 2019 to 2025

1. Orion Market Research Military Drone Market, Industry Share, Trends, Growth, Future Prospects, Forecast 2019 to 2025 For free sample request visit: sample/military-drones-market https://www.omrglobal.com/request- Contact Person:Mr. Anurag Tiwari Email:info@omrglobal.com Contact no: +91 780-304-0404

2. The global military drone market is expected to exhibit a CAGR of 10.9% during the market period. The market growth is attributed to various factors such as increasing adoption of UAVs for different military operations, growing defense budget, increasing application of military drones for surveillance, and others. Request a Free Sample of our Report on Military Drone Market: https://www.omrglobal.com/request- sample/military-drones-market Increasing adoption of unmanned aircraft vehicles (UAVs) for various military operations Increasing the use of UAVs for various military applications such as monitoring, surveying, mapping, and combat operations propel the military drones market. Increasing demand for advanced border protection and surveillance solutions is encouraging the demand for UAVs in the military. Various countries such as China and India have been significantly investing in the development and acquisition of UAVs. In India, the Defense Research and Development Organization (DRDO) is highly engaged in the development of UAVs, such as Nishant, AURA, and Rustom. The demand for UAVs for military applications in Asia-Pacific is remarkable due to increasing internal and external security threats and initiatives for modernization by armed forces. UAVs are used for security and surveillance programs, which is of great importance in military applications. Moreover, in March 2016, Indian defense forces confirmed a blueprint to buy over 5,000 UAVs over the next 10 years for nearly $3 billion, as per DRDO. Growing defense budget propel the military drone market Increasing defense budget encourages the adoption of advanced technology such as drones for various military applications. The defense sector is increasing considerably across the globe due to significant funding in the form of official budgets and ongoing investments by the governments. The countries are supporting the defense expenditure with huge budget sanctions which as a result is propelling the purchasing and acquisition power of military organizations under the defense protocols. The US is the largest defense spending economy across the globe owing to growth in the modernization of military and war techniques, the requirement of highly advanced weapons, and others. According to the Stockholm International Peace Research Institute (SIPRI), the total expenditure of the US was around $649 billion, China was $250 billion, Saudi Arabia was $67.5 billion, Russia was $61.3 billion, India was $66.5 billion, and France was $63.8 billion in 2018. Other countries spent substantially less as compared to the US, however, a considerable amount of the defense expenditure of all the economies is dedicated to modern warfare. Increasing application in surveillance boosting the military drones market Surveillance and reconnaissance are essential activities for military organizations for several purposes, such as hostage, survivor rescue and target acquisition. Military surveillance equipment allows the monitoring of changing environment and behavior activities with the view to direct, protect or support military personnel.

3. Increasing demand for UAVs for military surveillance and reconnaissance operations is significantly impacting the growth of the market. For instance, in January 2019, SRC, Inc. has been awarded a contract from the US Army and was valued $108 million to support defeat enemy drones on the battlefield. The increased adoption of UAV drones for surveillance applications leads to the adoption of surveillance equipment for monitoring enemy and terror activities and make strategic decisions. A Full Report of Military Drone Market is Available at https://www.omrglobal.com/industry- reports/military-drones-market Global Military Drones Market Segmentation By Type    Rotary Wing Fixed Wing Hybrid By Application     Surveillance Combat Operations Transportation and Delivery Battle Damage Management Military drones Market-Segment by Region North America   United States Canada Europe       Germany United Kingdom France Spain Italy Rest of Europe Asia-Pacific  China

4.    Japan India Rest of Asia-Pacific Rest of the World   Latin America Middle East & Africa Company Profiles  Aeronautics Ltd.  AeroVironment, Inc.  Airbus S.A.S.  Altavian, Inc.  BAE Systems PLC  Boeing Co.  China Aerospace Science and Technology Corp.  Dedrone Holdings, Inc.  FLIR Systems, Inc.  General Atomics  Leonardo S.p.A. For More Customized Data, Request for Report Customization @https://www.omrglobal.com/report- customization/military-drones-market About us: Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. For More Information, Visit https://www.omrglobal.com/ Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari

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