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megha@virtuemarketresearch.com]]>
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1,200 kg segment to have higher market share during the forecast period. These drones, including High-Altitude Long Endurance (HALE), Medium-Altitude Long Endurance (MALE), and some medium-range types. These drones can fly above 5,500 meters and carry advanced radars, communication systems, and electronic warfare equipment. Growing geopolitical tensions and increasing defense budgets in countries like India, China, and the US are fueling the demand for these versatile platforms. Their ability to enhance a nation's defensive and stealth capabilities, along with the growing adoption of combat drones, makes the > 1,200 kg segment a major driver in the military drone market.
Based on Region, North America accounted for the largest market share in 2023. North America, particularly the United States, is home to some of the world's largest and most influential military drone manufacturers, including Boeing and Airbus facilities. The region is a hub for military innovation, research, and development, leading to a high concentration of drone manufacturing activities.
Key Market Players:
Major players operating in the Military Drone Market include Northrop Grumman Corporation (US), Raytheon Technologies Corporation (US), Israel Aerospace Industries Ltd. (Israel), General Atomics Aeronautical Systems (US) and Teledyne FLIR LLC (US). These companies have reliable manufacturing facilities as well as strong distribution networks across key regions, such as North America, Europe, and Asia Pacific.
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sandeeproy.mnm@gmail.com]]>
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