Report

1 EXECUTIVE SUMMARY 14
2 MARKET OVERVIEW 17
2.1 INTRODUCTION 17
2.2 MARKET DYNAMICS 18
2.2.1 DRIVERS 18
2.2.1.1 Emergence of non-traditional adversaries and asymmetric warfare 18
2.2.1.2 Rise of advanced avionics technologies 19
2.2.1.3 Increased government funding for military drones 19
2.2.1.4 Growing prominence of intensified military training 20
2.2.1.5 Increasing use of UAVs for marine border patrolling 21
2.2.1.6 Decreasing price of drone components 21
2.2.1.7 Growing focus on advanced C4ISR capabilities 22
2.2.2 RESTRAINTS 22
2.2.2.1 Endurance and range limitations 22
2.2.2.2 Lack of skilled and trained operators 22
2.2.2.3 Concern and call to ban fully autonomous drones 23
2.2.3 OPPORTUNITIES 24
2.2.3.1 State policies aimed at boosting domestic manufacturers 24
2.2.3.2 Use of UAVs for cargo delivery in military operations 24
2.2.3.3 Technological advancements in drone payloads 24
2.2.3.4 Full-scale conversion of drones for simulation of war scenario 25
2.2.4 CHALLENGES 25
2.2.4.1 Defining secure identification for safety 25
2.2.4.2 Issues with hijacking and security of UAVs 25
2.2.4.3 Lack of sustainable power sources to improve drone endurance 25
2.3 MARKET ECOSYSTEM 26
2.3.1 PROMINENT COMPANIES 26
2.3.2 PRIVATE AND SMALL ENTERPRISES 26
2.3.3 START-UPS 26
2.3.4 END USERS 27
2.4 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 28
2.4.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR MILITARY DRONE MARKET 28
2.5 TECHNOLOGY ANALYSIS 29
2.5.1 AI IN MILITARY DRONES 29
2.5.2 MID-AIR REFUELING OF DRONES 32
2.5.3 SPY DRONES 32
2.5.4 UNMANNED COMBAT AERIAL VEHICLES 32
2.5.5 ANTI-UAV DEFENSE SYSTEMS 32
2.6 VALUE CHAIN ANALYSIS 33
2.7 TECHNOLOGY ROADMAP 35
2.8 KEY STAKEHOLDERS AND BUYING CRITERIA 37
2.8.1 KEY STAKEHOLDERS IN BUYING PROCESS 37
2.8.2 BUYING CRITERIA 37
2.8.3 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS 38
2.9 OPERATIONAL DATA 38
2.10 VOLUME ANALYSIS 39
2.10.1 VOLUME OF KEY PLAYERS, BY PLATFORM (UNITS) 39
2.11 PRICING ANALYSIS 39
2.11.1 AVERAGE SELLING PRICE OF KEY PLAYERS, BY TOP MODEL 39
2.11.2 AVERAGE SELLING PRICE OF KEY PLAYERS, BY APPLICATION 40
2.11.3 AVERAGE SELLING PRICE OF KEY PLAYERS, BY TYPE 41
2.11.4 AVERAGE SELLING PRICE OF KEY PLAYERS, BY REGION 41
2.11.5 AVERAGE SELLING PRICE OF KEY PLAYERS, BY PLATFORM (USD MILLION) 41
2.12 TARIFF AND REGULATORY LANDSCAPE 42
2.12.1 REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 42
2.12.2 NORTH AMERICA 46
2.12.2.1 US 46
2.12.2.2 Canada 47
2.12.3 EUROPE 47
2.12.3.1 UK 47
2.12.3.2 Germany 48
2.12.3.3 France 48
2.13 TRADE DATA ANALYSIS 49
2.13.1 IMPORT DATA ANALYSIS 50
2.13.1.1 Unmanned aircraft, with maximum take-off weight
>150 kg (HS Code: 880699) 50
2.13.2 EXPORT DATA STATISTICS 51
2.13.2.1 Unmanned aircraft, with maximum take-off weight
>150 kg (HS Code: 880699) 51
2.14 KEY CONFERENCES AND EVENTS IN 2024-2025 52
3 INDUSTRY TRENDS 53
3.1 INTRODUCTION 53
3.2 TECHNOLOGY TRENDS 53
3.2.1 SYNTHETIC APERTURE RADAR 53
3.2.2 SIGINT BY DRONES 54
3.2.3 ELECTRONIC WARFARE USING MILITARY DRONES 54
3.2.4 MANNED UNMANNED TEAMING (MUM-T) 55
3.2.5 EO/IR SYSTEMS 55
3.2.6 TARGET DRONES 55
3.2.7 ENDURANCE 56
3.2.8 HYPERSONIC ARMED DRONES 56
3.3 IMPACT OF MEGATRENDS 56
3.4 SUPPLY CHAIN ANALYSIS 57
3.5 USE CASE ANALYSIS 59
3.5.1 MARITIME INITIATIVE BY AEROVIRONMENT 59
3.5.2 TURKISH-MADE DRONES HELP SINK MOSKVA, FLAGSHIP OF
RUSSIAN BLACK SEA FLEET 60
3.5.3 NAGORNO-KARABAKH CONFLICT 60
3.5.4 TEAR GAS BY DRONES 61
3.6 MATURITY MAPPING OF DRONE TECHNOLOGIES 61
3.7 PATENT ANALYSIS 62
4 COMPETITIVE LANDSCAPE 68
4.1 INTRODUCTION 68
4.2 COMPANY OVERVIEW 68
4.3 RANKING ANALYSIS, 2022 69
4.4 REVENUE ANALYSIS, 2022 70
4.5 MARKET SHARE ANALYSIS, 2022 70
4.6 COMPANY EVALUATION MATRIX 72
4.6.1 STARS 72
4.6.2 EMERGING LEADERS 72
4.6.3 PERVASIVE PLAYERS 72
4.6.4 PARTICIPANTS 72
4.6.5 COMPANY FOOTPRINT 74
4.7 START-UP/SME EVALUATION MATRIX 76
4.7.1 PROGRESSIVE COMPANIES 76
4.7.2 RESPONSIVE COMPANIES 76
4.7.3 DYNAMIC COMPANIES 77
4.7.4 STARTING BLOCKS 77
4.7.4.1 COMPETITIVE BENCHMARKING 78
4.8 COMPETITIVE SCENARIO 81
4.8.1 MARKET EVALUATION FRAMEWORK 81
4.8.2 PRODUCT LAUNCHES/DEVELOPMENTS 81
4.8.3 DEALS 83
4.8.4 OTHER DEVELOPMENTS 98
5 COMPANY PROFILES 99
5.1 INTRODUCTION 99
5.2 KEY PLAYERS 99
5.2.1 NORTHROP GRUMMAN CORPORATION 99
5.2.1.1 Business overview 99
5.2.1.2 Products/Solutions/Services offered 100
5.2.1.3 Recent developments 101
5.2.1.4 MnM view 103
5.2.1.4.1 Key strengths 103
5.2.1.4.2 Strategic choices 104
5.2.1.4.3 Weaknesses and competitive threats 104
5.2.2 RAYTHEON TECHNOLOGIES CORPORATION 105
5.2.2.1 Business overview 105
5.2.2.2 Products/Solutions/Services offered 106
5.2.2.3 Recent developments 107
5.2.2.4 MnM view 107
5.2.2.4.1 Key strengths 107
5.2.2.4.2 Strategic choices 108
5.2.2.4.3 Weaknesses and competitive threats 108
5.2.3 ISRAEL AEROSPACE INDUSTRIES LTD. 109
5.2.3.1 Business overview 109
5.2.3.2 Products/Solutions/Services offered 110
5.2.3.3 Recent developments 111
5.2.3.4 MnM view 114
5.2.3.4.1 Key strengths 114
5.2.3.4.2 Strategic choices 114
5.2.3.4.3 Weaknesses and competitive threats 114
5.2.4 GENERAL ATOMICS AERONAUTICAL SYSTEMS 115
5.2.4.1 Business overview 115
5.2.4.2 Products/Solutions/Services offered 115
5.2.4.3 Recent developments 117
5.2.4.4 MnM view 120
5.2.4.4.1 Key strengths 120
5.2.4.4.2 Strategic choices 120
5.2.4.4.3 Weaknesses and competitive threats 120
5.2.5 TELEDYNE FLIR LLC 121
5.2.5.1 Business overview 121
5.2.5.2 Products/Solutions/Services offered 122
5.2.5.3 Recent developments 123
5.2.5.4 MnM view 125
5.2.5.4.1 Key strengths 125
5.2.5.4.2 Strategic choices 125
5.2.5.4.3 Weaknesses and competitive threats 125
5.2.6 AEROVIRONMENT, INC. 126
5.2.6.1 Business overview 126
5.2.6.2 Products/Solutions/Services offered 127
5.2.6.3 Recent developments 128
5.2.7 THE BOEING COMPANY 131
5.2.7.1 Business overview 131
5.2.7.2 Products/Solutions/Services offered 132
5.2.7.3 Recent developments 133
5.2.8 AIRBUS 135
5.2.8.1 Business overview 135
5.2.8.2 Products/Solutions/Services offered 136
5.2.8.3 Recent developments 137
5.2.9 TEXTRON INC. 139
5.2.9.1 Business overview 139
5.2.9.2 Products/Solutions/Services offered 140
5.2.9.3 Recent developments 141
5.2.10 LOCKHEED MARTIN CORPORATION 143
5.2.10.1 Business overview 143
5.2.10.2 Products/Solutions/Services offered 144
5.2.10.3 Recent developments 145
5.2.11 ELBIT SYSTEMS LTD. 147
5.2.11.1 Business overview 147
5.2.11.2 Products/Solutions/Services offered 148
5.2.11.3 Recent developments 150
5.2.12 DASSAULT AVIATION 152
5.2.12.1 Business overview 152
5.2.12.2 Products/Solutions/Services offered 153
5.2.12.3 Recent developments 154
5.2.13 BAE SYSTEMS 155
5.2.13.1 Business overview 155
5.2.13.2 Products/Solutions/Services offered 156
5.2.13.3 Recent developments 157
5.2.14 THALES GROUP 158
5.2.14.1 Business overview 158
5.2.14.2 Products/Solutions/Services offered 159
5.2.14.3 Recent developments 160
5.2.15 LEONARDO S.P.A. 161
5.2.15.1 Business overview 161
5.2.15.2 Products/Solutions/Services offered 162
5.2.15.3 Recent developments 163
5.3 OTHER PLAYERS 164
5.3.1 DYNETICS, INC. 164
5.3.2 ROBOTICAN CORPORATION 165
5.3.3 VOLANSI, INC. 165
5.3.4 GRIFFON AEROSPACE 166
5.3.5 PLATFORM AEROSPACE 167
5.3.6 SHIELD AI 167
5.3.7 INSTANTEYE ROBOTICS 168
5.3.8 ATHLON AVIA 168
5.3.9 SILVERTONE UAV 169
5.3.10 BLUEBIRD AERO SYSTEMS LTD. 170
6 APPENDIX 171
6.1 INTRODUCTION 171
6.1.1 MARKET DEFINITION 171
6.1.2 INCLUSIONS AND EXCLUSIONS 171
6.1.3 STAKEHOLDERS 172
6.2 RESEARCH METHODOLOGY 172
6.2.1 RESEARCH DATA 172
6.2.1.1 Secondary data 173
6.2.1.1.1 Key data from secondary sources 174
6.2.1.2 Primary data 174
6.2.1.2.1 Key insights from primary sources 175
6.2.1.2.2 Key data from primary sources 175
6.2.2 FACTOR ANALYSIS 176
6.2.2.1 Demand-side indicators 176
6.2.2.2 Supply-side indicators 176
6.2.3 DATA TRIANGULATION 177
6.2.4 RESEARCH ASSUMPTIONS 178
6.2.5 RISK ANALYSIS 178
6.3 AUTHOR DETAILS 179

TABLE 1 DEFENSE SPENDING OF MAJOR ECONOMIES 19
TABLE 2 NUMBER OF ACTIVE CONFLICTS WORLDWIDE 20
TABLE 3 ENDURANCE-BASED MAPPING OF POWER SOURCES 26
TABLE 4 MILITARY DRONE MARKET ECOSYSTEM 27
TABLE 5 COMPANIES DEVELOPING DRONE SOFTWARE WITH AI 30
TABLE 6 COMPANIES DEVELOPING DRONE EQUIPMENT WITH AI 31
TABLE 7 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR
TOP 3 APPLICATIONS (%) 37
TABLE 8 AVERAGE SELLING PRICE OF KEY PLAYERS FOR TOP MODELS 39
TABLE 9 AVERAGE SELLING PRICE OF KEY PLAYERS FOR
TOP 3 APPLICATIONS (USD MILLION) 40
TABLE 10 AVERAGE SELLING PRICE OF KEY PLAYERS, BY TYPE 41
TABLE 11 AVERAGE SELLING PRICE OF KEY PLAYERS, BY REGION 41
TABLE 12 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 42
TABLE 13 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 42
TABLE 14 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 43
TABLE 15 MIDDLE EAST: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 43
TABLE 16 LATIN AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 44
TABLE 17 DRONE REGULATIONS AND APPROVALS FOR COMMERCIAL SECTOR, BY COUNTRY 44
TABLE 18 US: RULES AND GUIDELINES BY FAA FOR OPERATING DRONES 46
TABLE 19 CANADA: RULES AND GUIDELINES FOR OPERATING DRONES 47
TABLE 20 UK: RULES AND GUIDELINES BY CAA FOR OPERATING DRONES 47
TABLE 21 GERMANY: RULES AND GUIDELINES FOR OPERATING DRONES 48
TABLE 22 FRANCE: RULES AND GUIDELINES FOR OPERATING DRONES 48
TABLE 23 DRONE REGULATIONS, BY COUNTRY 49
TABLE 24 US, CHINA, AND ISRAEL: IMPORT AND EXPORT STATISTICS FOR MILITARY DRONES 50
TABLE 25 MILITARY DRONE MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2024-2025 52
TABLE 26 AEROVIRONMENT UAS FOR MARITIME COUNTER-TRAFFICKING OPERATIONS 59
TABLE 27 BIG GUNS AND SMALL DRONES: DEVASTATING COMBO USED BY
UKRAINE TO FIGHT OFF RUSSIA 60
TABLE 28 NAGORNO-KARABAKH CONFLICT INDICATED INCREASING IMPORTANCE OF ARMED DRONES, ALONG WITH OTHER WEAPONS AND HIGHLY TRAINED GROUND FORCES 60
TABLE 29 EXPERIMENTING WITH DRONES FOR TEAR GAS DROP 61
TABLE 30 PATENTS RELATED TO MILITARY DRONES GRANTED BETWEEN 2019 AND 2023 63
TABLE 31 KEY DEVELOPMENTS OF LEADING PLAYERS IN MILITARY DRONE MARKET
(2020-JANUARY 2024) 68
TABLE 32 MILITARY DRONE MARKET: DEGREE OF COMPETITION 71
TABLE 33 MILITARY DRONE MARKET: REGION FOOTPRINT OF KEY PLAYERS
[MAJOR PLAYERS] 74
TABLE 34 MILITARY DRONE MARKET: PLATFORM FOOTPRINT OF
KEY PLAYERS [MAJOR PLAYERS] 75
TABLE 35 MILITARY DRONE MARKET: COMPANY FOOTPRINT OF
KEY PLAYERS [MAJOR PLAYERS] 76
TABLE 36 MILITARY DRONE MARKET: LIST OF KEY START-UPS/SMES 78
TABLE 37 MILITARY DRONE MARKET: COMPETITIVE BENCHMARKING OF
KEY PLAYERS [START-UPS/SMES] 79
TABLE 38 MILITARY DRONE MARKET: COMPETITIVE BENCHMARKING OF
KEY PLAYERS [MAJOR PLAYERS] 80
TABLE 39 MILITARY DRONE MARKET: PRODUCT LAUNCHES/DEVELOPMENTS,
APRIL 2020-SEPTEMBER 2023 81
TABLE 40 MILITARY DRONE MARKET: DEALS, FEBRUARY 2020-JANUARY 2024 83
TABLE 41 MILITARY DRONE MARKET: OTHER DEVELOPMENTS, OCTOBER 2021-JUNE 2022 98
TABLE 42 NORTHROP GRUMMAN CORPORATION: COMPANY OVERVIEW 99
TABLE 43 NORTHROP GRUMMAN CORPORATION:
PRODUCTS/SOLUTIONS/SERVICES OFFERED 100
TABLE 44 NORTHROP GRUMMAN CORPORATION: DEALS 101
TABLE 45 RAYTHEON TECHNOLOGIES CORPORATION: COMPANY OVERVIEW 105
TABLE 46 RAYTHEON TECHNOLOGIES CORPORATION:
PRODUCTS/SOLUTIONS/SERVICES OFFERED 106
TABLE 47 RAYTHEON TECHNOLOGIES CORPORATION: DEALS 107
TABLE 48 ISRAEL AEROSPACE INDUSTRIES LTD.: COMPANY OVERVIEW 109
TABLE 49 ISRAEL AEROSPACE INDUSTRIES LTD.:
PRODUCTS/SOLUTIONS/SERVICES OFFERED 110
TABLE 50 ISRAEL AEROSPACE INDUSTRIES LTD.: PRODUCT LAUNCHES 111
TABLE 51 ISRAEL AEROSPACE INDUSTRIES LTD.: DEALS 112
TABLE 52 GENERAL ATOMICS AERONAUTICAL SYSTEMS: COMPANY OVERVIEW 115
TABLE 53 GENERAL ATOMICS AERONAUTICAL SYSTEMS:
PRODUCTS/SOLUTIONS/ SERVICES OFFERED 115
TABLE 54 GENERAL ATOMICS AERONAUTICAL SYSTEMS: PRODUCT LAUNCHES 117
TABLE 55 GENERAL ATOMICS AERONAUTICAL SYSTEMS: DEALS 118
TABLE 56 TELEDYNE FLIR LLC: COMPANY OVERVIEW 121
TABLE 57 TELEDYNE FLIR LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 122
TABLE 58 TELEDYNE FLIR LLC: PRODUCT LAUNCHES 123
TABLE 59 TELEDYNE FLIR LLC: DEALS 123
TABLE 60 AEROVIRONMENT, INC.: COMPANY OVERVIEW 126
TABLE 61 AEROVIRONMENT, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 127
TABLE 62 AEROVIRONMENT, INC.: PRODUCT LAUNCHES 128
TABLE 63 AEROVIRONMENT, INC.: DEALS 129
TABLE 64 THE BOEING COMPANY: COMPANY OVERVIEW 131
TABLE 65 THE BOEING COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 132
TABLE 66 THE BOEING COMPANY: PRODUCT LAUNCHES 133
TABLE 67 THE BOEING COMPANY: DEALS 133
TABLE 68 THE BOEING COMPANY: OTHER DEVELOPMENTS 134
TABLE 69 AIRBUS: COMPANY OVERVIEW 135
TABLE 70 AIRBUS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 136
TABLE 71 AIRBUS: DEALS 137
TABLE 72 TEXTRON INC.: COMPANY OVERVIEW 139
TABLE 73 TEXTRON INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 140
TABLE 74 TEXTRON INC.: PRODUCT LAUNCHES 141
TABLE 75 TEXTRON INC.: DEALS 141
TABLE 76 LOCKHEED MARTIN CORPORATION: COMPANY OVERVIEW 143
TABLE 77 LOCKHEED MARTIN CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 144
TABLE 78 LOCKHEED MARTIN CORPORATION: DEALS 145
TABLE 79 ELBIT SYSTEMS LTD.: COMPANY OVERVIEW 147
TABLE 80 ELBIT SYSTEMS LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 148
TABLE 81 ELBIT SYSTEMS LTD.: DEALS 150
TABLE 82 DASSAULT AVIATION: COMPANY OVERVIEW 152
TABLE 83 DASSAULT AVIATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 153
TABLE 84 DASSAULT AVIATION: DEALS 154
TABLE 85 BAE SYSTEMS: COMPANY OVERVIEW 155
TABLE 86 BAE SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 156
TABLE 87 BAE SYSTEMS: DEALS 157
TABLE 88 THALES GROUP: COMPANY OVERVIEW 158
TABLE 89 THALES GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 159
TABLE 90 THALES GROUP: DEALS 160
TABLE 91 THALES GROUP: OTHER DEVELOPMENTS 160
TABLE 92 LEONARDO S.P.A.: COMPANY OVERVIEW 161
TABLE 93 LEONARDO S.P.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 162
TABLE 94 LEONARDO S.P.A.: DEALS 163
TABLE 95 LEONARDO S.P.A.: OTHER DEVELOPMENTS 163
TABLE 96 DYNETICS, INC.: COMPANY OVERVIEW 164
TABLE 97 ROBOTICAN CORPORATION: COMPANY OVERVIEW 165
TABLE 98 VOLANSI, INC.: COMPANY OVERVIEW 165
TABLE 99 GRIFFON AEROSPACE: COMPANY OVERVIEW 166
TABLE 100 PLATFORM AEROSPACE: COMPANY OVERVIEW 167
TABLE 101 SHIELD AI: COMPANY OVERVIEW 167
TABLE 102 INSTANTEYE ROBOTICS: COMPANY OVERVIEW 168
TABLE 103 ATHLON AVIA: COMPANY OVERVIEW 168
TABLE 104 SILVERTONE UAV: COMPANY OVERVIEW 169
TABLE 105 BLUEBIRD AERO SYSTEMS LTD.: COMPANY OVERVIEW 170

FIGURE 1 SMALL SEGMENT TO EXHIBIT HIGHEST CAGR DURING FORECAST MARKET 14
FIGURE 2 ISR SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 15
FIGURE 3 FIXED WING SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 15
FIGURE 4 NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE IN 2023 16
FIGURE 5 MILITARY DRONE MARKET: DRIVERS, RESTRAINTS,
OPPORTUNITIES, AND CHALLENGES 18
FIGURE 6 NUMBER OF COUNTRIES DEVELOPING, ACQUIRING,
AND USING ARMED DRONES, 2000-2020 21
FIGURE 7 DECREASING PRICE OF DRONE COMPONENTS (IN USD) 22
FIGURE 8 MILITARY DRONE MARKET ECOSYSTEM MAP 27
FIGURE 9 KEY PLAYERS IN MILITARY DRONE ECOSYSTEM 28
FIGURE 10 REVENUE SHIFT IN MILITARY DRONE MARKET 29
FIGURE 11 MILITARY DRONE MARKET: VALUE CHAIN ANALYSIS 33
FIGURE 12 MILITARY DRONE MARKET: TECHNOLOGY ROADMAP 35
FIGURE 13 MILITARY DRONE MARKET: TECHNOLOGY MAP, BY SEGMENT 35
FIGURE 14 EMERGING TRENDS 36
FIGURE 15 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS 37
FIGURE 16 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS 37
FIGURE 17 TOTAL ACTIVE FLEET OF DRONES USED BY US NAVY AND MARINE (BY UNITS) 38
FIGURE 18 TOTAL ACTIVE FLEET OF DRONES USED BY US AIR FORCE (BY UNITS) 39
FIGURE 19 AVERAGE SELLING PRICE OF KEY PLAYERS FOR TOP 3 APPLICATIONS 40
FIGURE 20 TOP 10 IMPORTING COUNTRIES, 2022 (USD THOUSAND) 51
FIGURE 21 TOP 10 EXPORTING COUNTRIES, 2022 (USD THOUSAND) 51
FIGURE 22 SUPPLY CHAIN ANALYSIS 59
FIGURE 23 MATURITY STAGES OF DRONE TECHNOLOGIES 61
FIGURE 24 LIST OF MAJOR PATENTS FOR MILITARY DRONE MARKET 62
FIGURE 25 REGIONAL ANALYSIS OF PATENTS FOR TOP 5 COUNTRIES 62
FIGURE 26 RANKING ANALYSIS OF KEY PLAYERS IN MILITARY DRONE MARKET, 2023 69
FIGURE 27 REVENUE ANALYSIS FOR KEY COMPANIES IN MILITARY DRONE MARKET 70
FIGURE 28 MILITARY DRONE MARKET: COMPANY EVALUATION MATRIX, 2023 73
FIGURE 29 MILITARY DRONE MARKET: START-UP/SME EVALUATION MATRIX, 2023 77
FIGURE 30 NORTHROP GRUMMAN CORPORATION: COMPANY SNAPSHOT 100
FIGURE 31 RAYTHEON TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT 106
FIGURE 32 ISRAEL AEROSPACE INDUSTRIES LTD.: COMPANY SNAPSHOT 109
FIGURE 33 TELEDYNE FLIR LLC: COMPANY SNAPSHOT 122
FIGURE 34 AEROVIRONMENT, INC.: COMPANY SNAPSHOT 127
FIGURE 35 THE BOEING COMPANY: COMPANY SNAPSHOT 132
FIGURE 36 AIRBUS: COMPANY SNAPSHOT 136
FIGURE 37 TEXTRON INC.: COMPANY SNAPSHOT 140
FIGURE 38 LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT 144
FIGURE 39 ELBIT SYSTEMS LTD.: COMPANY SNAPSHOT 148
FIGURE 40 DASSAULT AVIATION: COMPANY SNAPSHOT 153
FIGURE 41 BAE SYSTEMS: COMPANY SNAPSHOT 156
FIGURE 42 THALES GROUP: COMPANY SNAPSHOT 159
FIGURE 43 LEONARDO S.P.A.: COMPANY SNAPSHOT 162
FIGURE 44 RESEARCH PROCESS FLOW 172
FIGURE 45 RESEARCH DESIGN 173
FIGURE 46 DATA TRIANGULATION 177