Target Drone Market: A Cost-Effective Alternative to the Vehicles and Systems

Players analyzed and profiled in the study involve Original Equipment Manufacturers (OEMs) and component providers that capture maximum share in the global target drone market.
 
FREMONT, Calif. - Nov. 23, 2021 - PRLog -- The target drone technology and products have been used widely by various countries since the second world war. The technological advancements in terms of payload, platform, target type, speed of aerial target drones, mode of operation have increased the growth of the global target drone market in the defense and homeland sectors exponentially. The technology used in the target drones undergoes continuous changes and advancements to reach the demands of the market.

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The target drones are similar to the unmanned aerial vehicles in terms of operation and can be either operated remotely, optionally, or can be completely autonomous. These are majorly used for aerial, marine, and ground targets.

The global target drone market has been growing over the past few years with the help of rising defense budgets of the countries to develop technologically advanced products for the market that are more efficient and cost-effective. The militaries and defense forces of these countries often award contracts to companies to develop innovative target drones.

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Some of the key players in the global target drone market include AeroTargets International LLC, Air Affairs Australia, Airbus S.A.S., Boeing, Denel SOC Ltd, DRDO, Griffon Aerospace, Kadet Defence Systems, Kratos Defense & Security Solutions, Inc., Leonardo S.p.A., Lockheed Martin Corporation, Northrop Grumman, QinetiQ, Robonic Ltd Oy, and SCR, Sistemas de Control Remoto, among others.

These companies are aiming for a wide range of product demonstrations and launches to expand their operations and increase their market presence globally.

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