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Drone Warfare Market Trends

  • Report ID: GMI10362
  • Published Date: Jul 2024
  • Report Format: PDF

Drone Warfare Market Trends

An important development in the drone warfare space is the growing use of swarm technology, in which several drones work together to complete coordinated tasks. Swarm capabilities are useful for reconnaissance, surveillance, and even warfare situations because they provide benefits like increased operational flexibility, distributed sensing, and group decision-making. Drones can now coordinate and communicate on their thanks to developments in AI and communication technology, which is reflected in this trend. To take advantage of a swarm's capacity to overwhelm opponents, increase mission success rates, and lower risks to human people, militaries all around the world are investigating swarm tactics. For instance, in August 2023, the US Army conducted a successful demonstration of swarm drone capabilities, showcasing the integration of AI-driven swarm technologies in a simulated battlefield scenario. To demonstrate the potential for improved operational efficiency and tactical advantage, the exercise focused on coordinated swarm tactics for surveillance and reconnaissance operations.
 

The increased emphasis on counter-drone technologies to lessen the hazards posed by unapproved or hostile drones is another noteworthy topic. The proliferation of drone technology has led to investments in detection, tracking, and interception systems due to worries about misuse and security flaws. To prevent drone incursions into sensitive locations, governments, critical infrastructure operators, and defense contractors are creating and implementing counter-drone systems including jamming devices, kinetic interceptors, and radar. This pattern highlights how drone warfare strategies are always changing and how important it is to have strong defenses in place to fend off any dangers relating to drones. For instance, in October 2022, Gatwick Airport in the UK deployed advanced counter-drone systems following disruptive drone sightings near the airfield. The event made clear how crucial it is to have effective counter-drone technology in place to protect vital infrastructure from unapproved drone operations. This has led to investments in detection and mitigation techniques to guarantee airfield security and passenger safety.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size for drone Warfare was valued at USD 24.15 billion in 2023 and is anticipated to record a CAGR of over 10% between 2024 and 2032, due to technological advancements that enhance the capabilities and functions of unmanned aerial systems (UAS).

The battery-powered drones segment is expected to reach over 25 billion by 2032 as drone capabilities are greatly expanded by advances in battery technology, enabling longer flight durations, larger payload capacity, and more operational efficiency.

North America market accounted for a share of over 34% in 2023, led by the United States and will continue to grow as drones are widely used by U.S. military forces in numerous areas of war throughout the world for reconnaissance, intelligence gathering, and precision strikes

Northrop Grumman Corporation, Raytheon Technologies, Israel Aerospace Industries, General Atomics Aeronautical Systems, Teledyne FLIR, AeroVironment, Inc., and Boeing among others.

Drone Warfare Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 21
  • Tables & Figures: 305
  • Countries covered: 21
  • Pages: 210
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