Predator Drones Market Survey Report – Recent Trends, Growth Opportunities, and Market Size and Share Global Forecast Analysis – 2024 - 2033

Predator Drones Market Size Survey Report – In a Glance

As per the survey report on global Predator Drones market, the market is projected to foresee a CAGR of 10.11% between 2024-2033, and further generate a market size of USD 36.8 billion by the end of 2033. In the year 2023, the market size was valued at USD 14.5 billion.

• The global Predator Drones market is projected to grow on account of the Modernization in Military.
• In Japan, the Predator Drones market growth can be attributed to the Advancement in Drone Technology.
• KDMI analyst’s growth analysis foresees Cybersecurity Concern to challenge the market growth.
• The Europe Predator Drones market is projected to dominate the global market.

Predator Drones Market Analysis

Predator drones are unmanned aerial vehicles which are primarily designed for precise surveillance and reconnaissance missions. They are equipped with advanced sensors and cameras for real-time monitoring and data gathering, it is often capable of carrying weapons for some strikes. Predator drones are widely used in military and security application worldwide. The global Predator Drones market is expected to grow due to the modernization in military. Governments worldwide are investing in advanced drone technologies to enhance their combat capabilities. Predator drones offer various advantages during missions by targeting and reducing operational risks for the military operations. According to reports, US military has employed handful number of long-range drones, where a data projected that defense intelligence group will purchase 82,000 drones, over the next decade, driving the growth of the market. General Atomics Aeronautical Systems Inc., Boeing Company, and Northrop Grumman Corporation are some of the significant parties in the global market for Predator Drones.

Analyst’s Observation on Japan Predator Drones Market Survey

In Japan, the market growth for Predator Drones can be attributed to the Advancement in Drone Technology. In order to improve surveillance capabilities and mission endurance drones have become more effective choice in the military for the security purpose. Government’s investment and technological advancement in drone technology such as integration of advanced quality sensors, camera, better quality body buildup, temperature resistant coating, etc., enhance the defense capabilities, enhancing situational awareness and swift response to the challenges. Japanese government invests around 1.6% of its GDP for its military budgets representing a 16% increased from 2023 budget, driving the growth of the market. ACSL, Da Jiang Innovations, and Terra Drone Corp are some of the significant parties in the market for Predator Drones in Japan.

Predator Drones Market Growth Drivers and Challenges

• Counter-terrorism Operations:

Counter-terrorism Operations require secure technologies, intelligence gathering and defense industry in order to attack a terrorist or community. Government and organizations are increasingly investing in heavy surveillance systems and cybersecurity measures and advanced combat weapons to fight against terrorism globally, driving the demand for the predator drones.

• Cybersecurity Concern:

As predator drones work with advanced technology and connectivity, cyber threats become a restraint factor. Organization has to allocate resources to protect their data, systems and infrastructure which requires expensive investment and slows down the digital transformation.

Predator Drones Market Segmentation

Our experts at KD Market Insights have segmented the global Predator Drones market research report as:

Predator Drones Market Regional Synopsis

The Europe Predator Drones market is majorly driven by increasing integration of drones into the airspace. The integration of predator drones in the airspace facilitates better surveillance, operation efficiency, and mission success rate across the military operation. Advancement in drone technology, coupled with regulatory frameworks drive the adoption of drones in airspace. Drones have become an integral part of security in defense, security and commercial sectors, driving its demand in the market. According to reports, the drone sales in Europe in 2023 was estimated to be USD 4.5 billion with an estimated sales of USD 45.8 billion in 2033, driving the growth of the market.

As per our analysts at KD Market Insights, the following five players lead the Europe Predator Drones market growth:

• Azure Drones SAS
• Parrot Drones
• Terra Drone
•  Onyx Scan Advanced
•  LiDAR Systems

Predator Drones Market Competitive Landscape

Some of the key players who top the global Predator Drones market share:

• General Atomics Aeronautical Systems Inc.
• Boeing Company
• Northrop Grumman Corporation
• Lockheed Martin Corporation
• AeroVironment Inc.
• Textron Inc.
• Elbit Systems Ltd.
• Thales Group
• Israel Aerospace Industries Ltd.
• Saab AB

Predator Drones Market Recent Developments

• Elbit Systems Ltd. acquired Universal Avionics Systems Corporation, a renowned provider of avionics systems for both manned and unmanned aircraft.
• Textron Systems Corporation acquired Shield AI, a prominent provider of artificial intelligence (AI) software for autonomous systems. This acquisition enabled Textron Systems to enhance their unmanned aircraft systems, including predator drones, by integrating advanced AI technologies into their solutions.

1. Executive Summary
   1. Market Overview
   2. Key Findings
   3. Market Trends
   4. Market Outlook
2. Introduction
   1. Scope of the Report
   2. Research Methodology
   3. Definitions and Assumptions
   4. Acronyms and Abbreviations
3. Market Dynamics
   1. Drivers
   2. Restraints
   3. Opportunities
   4. Challenges
4. Global Predator Drones Market
   1. Market Overview
   2. Market Size and Forecast
   3. Market Segmentation
      1. By Type
      2. By Range
      3. By Technology
      4. By Region
5. Market Segmentation by Type
   1. Fixed Wing
   2. Rotary Wing
   3. Hybrid
6. Market Segmentation by Range
   1. Visual Line of Sight
   2. Extended Visual Line of Sight
   3. Beyond Line of Sight
7. Market Segmentation by Technology
   1. Remotely Operated
   2. Semi-Autonomous
   3. Autonomous
8. Regional Analysis
   1. North America
      1. United States
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, by Range, and by Technology
      2. Canada
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, by Range, and by Technology
      3. Mexico
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, by Range, and by Technology
   2. Europe
      1. United Kingdom
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, by Range, and by Technology
      2. Germany
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, by Range, and by Technology
      3. France
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, by Range, and by Technology
      4. Italy
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, by Range, and by Technology
      5. Spain
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, by Range, and by Technology
      6. Rest of Europe
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, by Range, and by Technology
   3. Asia Pacific
      1. China
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, by Range, and by Technology
      2. Japan
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, by Range, and by Technology
      3. India
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, by Range, and by Technology
      4. Australia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, by Range, and by Technology
      5. South Korea
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, by Range, and by Technology
      6. Rest of Asia Pacific
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, by Range, and by Technology
   4. Latin America
      1. Brazil
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, by Range, and by Technology
      2. Argentina
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, by Range, and by Technology
      3. Colombia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, by Range, and by Technology
      4. Rest of Latin America
         1. Market Size and Forecast
         2. Key Trends and Developments
         3.               Market Analysis by Type, by Range, and by Technology
   5. Middle East & Africa
      1. South Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, by Range, and by Technology
      2. Saudi Arabia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, by Range, and by Technology
      3. UAE
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, by Range, and by Technology
      4. Rest of Middle East & Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, by Range, and by Technology
9. Competitive Landscape
   1. Market Share Analysis
   2. Company Profiles
      1.  General Atomics Aeronautical Systems Inc.
      2. Boeing Company
      3. Northrop Grumman Corporation
      4. Lockheed Martin Corporation
      5. AeroVironment Inc.
      6. Textron Inc.
      7. Elbit Systems Ltd.
      8. Thales Group
      9. Israel Aerospace Industries Ltd.
      10. Saab AB
10. Strategic Recommendations
11. Appendix
    1. List of Tables
    2. List of Figures
12. References