Overview and Scope
A military glider is a fixed-wing aircraft that flies using naturally occurring air currents. A military drone is a military unmanned aerial vehicle that is guided remotely or autonomously.
Sizing and Forecast
The military gliders and drones market size has grown strongly in recent years. It will grow from <b>$37.8 billion in 2023 to $41.33 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. </b> The growth in the historic period can be attributed to tactical reconnaissance, target acquisition, cost savings, strategic intelligence, improved technology.
The military gliders and drones market size is expected to see strong growth in the next few years. It will grow to <b>$54.4 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. </b> The growth in the forecast period can be attributed to swarm technologies, counter-uas (unmanned aircraft systems), autonomous capabilities, ai and machine learning integration, hybrid propulsion systems. Major trends in the forecast period include stealth and low observability, vertical takeoff and landing (vtol) drones, anti-jamming and cybersecurity, multi-mission platforms, global collaboration.
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Segmentation & Regional Insights
The military gliders and drones market covered in this report is segmented –
1) By Type: Military Gliders, Military Drones
2) By Technology: Remotely Operated, Semi-Autonomous, Autonomous
3) By Application: Search and Rescue, National Defense, Military Exercises, Others
<b>Asia-Pacific</b> was the largest region in the military gliders and drones market in 2023. <b>Western Europe</b> is expected to be the fastest-growing region in the military gliders and drones market during the forecast period. The regions covered in the military gliders and drones market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
Increasing funding for unmanned aerial vehicles, or drones, is projected to contribute to the growth of the military glider and drone market. The growing requirement for intelligence, surveillance, and reconnaissance assets has generated higher demand for military gliders and drones. The militaries are expected to spend around $98 billion on new intelligence gathering and strike capabilities. According to the Teal Group, global research and development and procurement spending on drones is estimated to rise from $11.1 billion in 2020 to $14.3 billion by the end of 2029. Research and development spending is expected to increase from $3.2 billion in 2020 to $4 billion by 2029, and procurement funding is likely to increase from $7.9 billion in 2020 to $10.3 billion by the end of 2029. Such investments in unmanned aerial vehicles, or drones, are expected to drive the military glider and drone market during the forecast period.
Key Industry Players
Major companies operating in the military gliders and drones market include <b>Schempp-Hirth Flugzeugbau GmbH, China Aerospace Science and Industry Corporation, Lockheed Martin, Textron Systems, BAE Systems Inc., Jonker Sailplanes, Leonardo, Boeing Co., DG Flugzeugbau GmbH, Aerovironment Inc., Ascent Aerosystems, BFD Systems, Cleo Robotics, Corvus Robotics, DragonFly, Easy Aerial Inc., Teledyne FLIR LLC, Action Drone Inc., Drone America, Inova drone, Insitu Inc., Skyfish, Skypersonic, Raytheon Company, Northrop Grumman, Elbit Systems Ltd., Israel Aerospace Industries Ltd., General Atomics Aeronautical Systems Inc., SZ DJI Technology Co. Ltd.</b>
The military gliders and drones market report table of contents includes:
1. Executive Summary
2.Military Gliders and Drones Market Characteristics
3.Military Gliders and Drones Market Trends And Strategies
4.Military Gliders and Drones Market analysis
5.Military Gliders and Drones Market Size And Growth
6.Military Gliders and Drones Segmentation
7.Military Gliders and Drones Regional And Country Analysis
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27.Military Gliders and Drones Competitive Landscape And Company Profiles
28.Military Gliders and Drones Key Mergers And Acquisitions
29.Military Gliders and Drones Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Schempp-Hirth Flugzeugbau GmbH
- China Aerospace Science and Industry Corporation
- Lockheed Martin
- Textron Systems
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