Europe Target Drones Market - Industry Trends and Forecast to 2032

List of Tables

Europe target drones market is expected to reach USD 1,847.87 million by 2030 from USD 1,253.49 million in 2022, growing at a CAGR of 5.1% during the forecast period of 2023 to 2030

Market Segmentation

Europe Target Drones Market, By Type (Rotary, Fixed), Use (Aerial Target, Ground Target, Marine Target), Target Type (Free Flying Target, Full Scale Target, Subscale Target, Sporting Target, Towing Target),Engine Type (Jet Engine and Ic Engine), Speed ( Less Than 100 M/S, More Than 100 M/S), Mode Of Operation (Remotely Piloted, Autonomous, Optionally Piloted), Payload Capacity (Less Than 20 Kgs, 20 - 50 Kgs, More than 50 kgs), Application (Combattraining, Targetanddecoy,Target Identification, Reconnaissance, Target Acquisition), End-User (Defense, Homeland Security, Commercial) - Industry Trends and Forecast to 2030.

Some of the major factors contributing to the growth of the Europe target drones market:

Drivers
Rising expenditure on defense by different countries
Advancements in drone technology
Rising threats and security concerns
Restraints
Dependency on skilled personnel to operate
Opportunities
Rising trend of AI (Artificial Intelligence) and data-driven technology
Internal collaboration and parterships

Market Players

The key players operating in the Europe target drones market are
SCR
Sistemas de Control Remoto
MSP
ANADRONE
AeroTargets International LLC.
Denel Dynamics
Thales
SAAB
SAFRAN
Lockheed Martin Corporation
AIRBUS
Griffon Aerospace
Northrop Grumman.
Boeing.
Leonardo S.p.A.
Kratos Defense & Security Solutions, Inc.

1 INTRODUCTION 9

1.1 OBJECTIVES OF THE STUDY 9
1.2 MARKET DEFINITION 9
1.3 OVERVIEW 9
1.4 LIMITATIONS 11
1.5 MARKETS COVERED 11

2 MARKET SEGMENTATION 16

2.1 MARKETS COVERED 16
2.2 GEOGRAPHICAL SCOPE 17
2.3 YEARS CONSIDERED FOR THE STUDY 18
2.4 CURRENCY AND PRICING 18
2.5 DBMR TRIPOD DATA VALIDATION MODEL 19
2.6 MULTIVARIATE MODELING 22
2.7 MARKET APPLICATION COVERAGE GRID 23
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 24
2.9 DBMR MARKET POSITION GRID 25
2.10 DBMR VENDOR SHARE ANALYSIS 27
2.11 SECONDARY SOURCES 28
2.12 ASSUMPTIONS 29

3 EXECUTIVE SUMMARY 30

4 PREMIUM INSIGHTS 33

4.1 MANUFACTURING FACILITIES & CAPACITIES 34
4.2 PRICING ANALYSIS 35
4.3 PRODUCTION VOLUME OVERVIEW 36

5 MARKET OVERVIEW 37

5.1 DRIVERS 39
- 5.1.1 RISING EXPENDITURES ON DEFENSE BY DIFFERENT COUNTRIES 39
- 5.1.2 ADVANCEMENTS IN DRONE TECHNOLOGY 40
- 5.1.3 RISING THREATS AND SECURITY CONCERNS 41
5.2 RESTRAINT 41
- 5.2.1 DEPENDENCY ON SKILLED PERSONNEL TO OPERATE 41
5.3 OPPORTUNITIES 42
- 5.3.1 RISING TREND OF AI (ARTIFICIAL INTELLIGENCE) AND DATA-DRIVEN TECHNOLOGY 42
- 5.3.2 INTERNAL COLLABORATION AND PARTNERSHIPS 42
5.4 CHALLENGE 43
- 5.4.1 CONCERNS RELATED TO POWER ISSUES HINDER THE PERFORMANCE OF DRONES 43

6 EUROPE TARGET DRONES MARKET BY GEOGRAPHY 44

6.1 EUROPE 44

7 EUROPE TARGET DRONES MARKET: COMPANY LANDSCAPE 46

7.1 COMPANY SHARE ANALYSIS: EUROPE 46
7.2 PARTNERSHIPS & CONTRACTS 47
7.3 EVENTS 48
7.4 AWARD 48

8 SWOT ANALYSIS 49

9 COMPANY PROFILE 50

9.1 LOCKHEED MARTIN CORPORATION 50
- 9.1.1 COMPANY SNAPSHOT 50
- 9.1.2 REVENUE ANALYSIS 50
- 9.1.3 COMPANY SHARE ANALYSIS 51
- 9.1.4 PRODUCT PORTFOLIO 51
- 9.1.5 RECENT DEVELOPMENT 51
9.2 AIRBUS 52
- 9.2.1 COMPANY SNAPSHOT 52
- 9.2.2 REVENUE ANALYSIS 52
- 9.2.3 COMPANY SHARE ANALYSIS 53
- 9.2.4 PRODUCT PORTFOLIO 53
- 9.2.5 RECENT DEVELOPMENTS 53
9.3 BOEING 54
- 9.3.1 COMPANY SNAPSHOT 54
- 9.3.2 REVENUE ANALYSIS 54
- 9.3.3 COMPANY SHARE ANALYSIS 55
- 9.3.4 PRODUCT PORTFOLIO 55
- 9.3.5 RECENT DEVELOPMENTS 55
9.4 GRIFFON AEROSPACE 57
- 9.4.1 COMPANY SNAPSHOT 57
- 9.4.2 COMPANY SHARE ANALYSIS 57
- 9.4.3 PRODUCT PORTFOLIO 58
- 9.4.4 RECENT DEVELOPMENT 58
9.5 NORTHROP GRUMMAN 59
- 9.5.1 COMPANY SNAPSHOT 59
- 9.5.2 REVENUE ANALYSIS 59
- 9.5.3 COMPANY SHARE ANALYSIS 60
- 9.5.4 PRODUCT PORTFOLIO 60
- 9.5.5 RECENT DEVELOPMENT 61
9.6 AEROTARGETS INTERNATIONAL LLC 62
- 9.6.1 COMPANY SNAPSHOT 62
- 9.6.2 PRODUCT PORTFOLIO 62
- 9.6.3 RECENT DEVELOPMENTS 62
9.7 ANADRONE 63
- 9.7.1 COMPANY SNAPSHOT 63
- 9.7.2 PRODUCT PORTFOLIO 63
- 9.7.3 RECENT DEVELOPMENT 63
9.8 DENEL DYNAMICS 64
- 9.8.1 COMPANY SNAPSHOT 64
- 9.8.2 PRODUCT PORTFOLIO 64
- 9.8.3 RECENT DEVELOPMENT 64
9.9 KRATOS DEFENSE & SECURITY SOLUTIONS, INC 65
- 9.9.1 COMPANY SNAPSHOT 65
- 9.9.2 REVENUE ANALYSIS 65
- 9.9.3 PRODUCT PORTFOLIO 66
- 9.9.4 RECENT DEVELOPMENTS 66
9.10 LEONARDO S.P.A. 67
- 9.10.1 COMPANY SNAPSHOT 67
- 9.10.2 REVENUE ANALYSIS 67
- 9.10.3 PRODUCT PORTFOLIO 68
- 9.10.4 RECENT DEVELOPMENTS 68
9.11 MSP 69
- 9.11.1 COMPANY SNAPSHOT 69
- 9.11.2 PRODUCT PORTFOLIO 69
- 9.11.3 RECENT DEVELOPMENT 69
9.12 SAAB AB 71
- 9.12.1 COMPANY SNAPSHOT 71
- 9.12.2 REVENUE ANALYSIS 71
- 9.12.3 PRODUCT PORTFOLIO 72
- 9.12.4 RECENT DEVELOPMENT 72
9.13 SAFRAN 73
- 9.13.1 COMPANY SNAPSHOT 73
- 9.13.2 REVENUE ANALYSIS 74
- 9.13.3 PRODUCT PORTFOLIO 74
- 9.13.4 RECENT DEVELOPMENT 74
9.14 SCR, SISTEMAS DE CONTROL REMOTO 75
- 9.14.1 COMPANY SNAPSHOT 75
- 9.14.2 PRODUCT PORTFOLIO 75
- 9.14.3 RECENT DEVELOPMENTS 75
9.15 THALES 77
- 9.15.1 COMPANY SNAPSHOT 77
- 9.15.2 REVENUE ANALYSIS 77
- 9.15.3 PRODUCT PORTFOLIO 78
- 9.15.4 RECENT DEVELOPMENTS 78

10 QUESTIONNAIRE 80

11 RELATED REPORTS 84

LIST OF TABLES

TABLE 1 MANUFACTURING FACILITIES & CAPACITIES 34
TABLE 2 EUROPE TARGET DRONES MARKET, ESTIMATED AVERAGE PRICE OF TARGET DRONES (USD) 35
TABLE 3 PRODUCTION VOLUME OVERVIEW 36

LIST OF FIGURES

FIGURE 1 EUROPE TARGET DRONES MARKET: SEGMENTATION 16
FIGURE 2 EUROPE TARGET DRONES MARKET: DATA TRIANGULATION 19
FIGURE 3 EUROPE TARGET DRONES MARKET: DROC ANALYSIS 20
FIGURE 4 EUROPE TARGET DRONES MARKET: EUROPE VS REGIONAL MARKET ANALYSIS 21
FIGURE 5 EUROPE TARGET DRONES MARKET: COMPANY RESEARCH ANALYSIS 21
FIGURE 6 EUROPE TARGET DRONES MARKET: MULTIVARIATE MODELLING 22
FIGURE 7 EUROPE TARGET DRONES MARKET: MARKET APPLICATION COVERAGE GRID 23
FIGURE 8 EUROPE TARGET DRONES MARKET: INTERVIEW DEMOGRAPHICS 24
FIGURE 9 EUROPE TARGET DRONES MARKET: DBMR MARKET POSITION GRID 25
FIGURE 10 EUROPE TARGET DRONES MARKET: VENDOR SHARE ANALYSIS 27
FIGURE 11 EUROPE TARGET DRONES MARKET: SEGMENTATION 32
FIGURE 12 A RISE IN EXPENDITUTE ON DEFENSE IS EXPECTED TO DRIVE THE GROWTH OF THE EUROPE TARGET DRONES MARKET IN THE FORECAST PERIOD 33
FIGURE 13 THE ROTARY SEGMENT IS EXPECTED TO ACCOUNT FOR THE LARGEST MARKET SHARE OF THE EUROPE TARGET DRONES MARKET IN 2023 AND 2030 33
FIGURE 14 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF EUROPE TARGET DRONES MARKET 38
FIGURE 15 EUROPE TARGET DRONES MARKET: SNAPSHOT (2022) 44
FIGURE 16 EUROPE TARGET DRONES MARKET: COMPANY SHARE 2022 (%) 46