Target Drone Market Expected to Reach $8.55 Billion by 2030 AMR The autonomous segment accounted for the highest revenue in 2020 , owing to surge in demand for autonomous drone to carry out several defense and commercial operations independently Asia - Pacific is expected to grow at a significant rate during the forecast period, owing to rise in defense expenditure across different nations in the region, along with defense modernization initiatives being implemented across prominent countries such as China, India, and Japan The global target drone market was valued at $ 4 46 billion in 2020 , and is projected to reach $ 8 55 billion by 2030 , registering a CAGR of 6 9 % Target Drone Market by Component Global Browse Complete Report Target Drone Market by Component Global North America dominates the market, in terms of revenue, followed by Europe, Asia - Pacific, and LAMEA U S dominated the global target drone market share in North America in 2020 , owing to increase in R&D activities ; technological developments by key players ; and rapid adoption of innovative technologies in making durable and long - lasting target drones REQUEST SAMPLE Target Drone Market by Component Global Target drones are unmanned vehicles (marine, ground, and aerial) that are generally used for combat training against manned and unmanned threats, destruction tests on decoys that simulate behavior of real threats, and testing and development of military systems Target drones are used as cost - effective substitutes to equipment and systems used by military forces across various countries Target drones are very identical to unmanned aerial vehicles These drones find their application in ground, aerial, sea surface, and underwater targets These drones are widely used for training of anti - craft warfare scenarios Target Drone Market by Component Global Connect Analyst Key Benefits • By end use, the defense segment is expected to register a significant growth during the forecast period • On the basis of target, the ground target segment is anticipated to exhibit significant growth in future • Depending on mode of operation, the autonomous segment is projected to lead the global target drone market • Region wise, Asia - Pacific is anticipated to register the highest CAGR during the forecast period Target Drone Market by Component Global Target Drone Market Key Segments: By Region • North America • U S • Canada • Mexico • Europe • UK • Germany • France • Russia • Rest of Europe • Asia - Pacific • China • Japan • India • Australia • Rest of Asia - Pacific • LAMEA • Latin America • Middle East • Africa Target Drone Market by Component Global Segment Overview Target drones are unmanned vehicles (marine, ground, and aerial) that are generally used for combat training against manned and unmanned threats, destruction tests on decoys that simulate behavior of real threats, and testing and development of military systems Target drones are used as cost - effective substitutes to equipment and systems used by military forces across various countries Target drones are very identical to unmanned aerial vehicles These drones find their application in ground, aerial, sea surface, and underwater targets These drones are widely used for training of anti - craft warfare scenarios Target Drone Market by Component Global Key players profiled in the report include • NORTHROP GRUMMAN CORPORATION • LEONARDO SPA • DENEL DYNAMICS • LOCKHEED MARTIN CORPORATION • THE BOEING COMPANY • EMBENTION • QINETIQ GROUP PLC • GRIFFON AEROSPACE • AIRBUS S.A.S • BAE SYSTEMS PLC Contact: Toll Free (USA/Canada) : +1 - 800 - 792 - 5285, +1 - 503 - 894 - 6022, +1 - 503 - 446 - 1141 UK: +44 - 845 - 528 - 1300 Hong Kong: +852 - 301 - 84916 India (Pune): +91 - 20 - 66346060 Fax: +1 ⟨ 855 ⟩ 550 - 5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com Target Drone Market by Component Global Purchase enquiry ttps://www.alliedmarketresearch.com/purchase - enquiry/2095