Global Military Drone Market Size & Outlook, 2023-2030
The military drone industry worldwide is expected to reach a projected revenue of US$ 88,008.2 million by 2030. A compound annual growth rate of 13.6% is expected of the worldwide military drone industry from 2024 to 2030.
Revenue, 2023 (US$M)
$36,140.8
Forecast, 2030 (US$M)
$88,008.2
CAGR, 2024 - 2030
13.6%
Report Coverage
Worldwide
Global military drone market, 2018-2030 (US$M)
Global military drone market highlights
- The global military drone market generated a revenue of USD 36,140.8 million in 2023 and is expected to reach USD 88,008.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 13.6% by 2030.
- In terms of segment, fixed-wing accounted for a revenue of USD 36,140.8 million in 2023.
- Fixed-Wing is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 36,140.8 million |
| Market revenue in 2030 | USD 88,008.2 million |
| Growth rate | 13.6% (CAGR from 2023 to 2030) |
| Largest segment | Fixed-wing |
| Fastest growing segment | Fixed-Wing |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fixed-Wing |
Other key industry trends
- In terms of revenue, the North America accounted for 40.0% of the global military drone market in 2023.
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Military Drone Market Scope
Military drone market segmentation & scope
Operation Mode
Remotely Piloted
Partially Autonomous
Fully Autonomous
Range
Visual Line of Sight (VLOS)
Extended Visual Line of Sight (EVLOS)
Beyond Visual Line of Sight (BVLOS)
Application
Intelligence, Surveillance and Reconnaissance (ISR)
Logistics & Supply
Other Application
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
Military Drone Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global military drone market size, by regions, 2018-2030 (US$M)
Related regional statistics
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