Europe Military Drone Market Size was valued at USD 3.9 Billion in 2022. The Europe Military Drone Market industry is projected to grow from USD 4.2 Billion in 2023 to USD 8.8 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 26.80% during the forecast period (2024 - 2032). Technological advancements and increasing demand for unmanned aerial vehicles in defense operations are the main market drivers anticipated to propel the Europe Military Drone Market.
Source Secondary Research, Primary Research, MRFR Database and Analyst Review
The Europe Military Drone Market CAGR is increasing due to rising geopolitical tensions and wars. Military drones are becoming more widespread in modern combat, with numerous countries employing them for intelligence gathering, surveillance, reconnaissance, and striking missions. Drones offer a variety of advantages, including the capacity to operate in hazardous settings, conduct continuous surveillance, and hit targets with precision. Growing geopolitical tensions and conflicts have raised the demand for military drones as countries seek to upgrade their military capabilities and undertake operations in complicated areas. Drones enable countries to undertake military operations without sacrificing their personnel, which is especially significant in asymmetric warfare, where opponents frequently employ unusual tactics and methods.
In addition to traditional fighting, military drones are increasingly being employed for counter-terrorism operations and other security-related missions. They can be used to monitor border crossings, trace terrorist activity, and provide security forces with situational awareness. Furthermore, military drones, also known as unmanned aerial vehicles (UAVs), are becoming an essential component of modern warfare due to their capacity to deliver real-time intelligence, surveillance, and reconnaissance (ISR) capabilities. As a result, the demand for military drones has skyrocketed in recent years, particularly in conflict zones or areas with high geopolitical tensions. Also, Unmanned technologies, especially military drones, have grown in popularity due to their capacity to operate in dangerous settings without endangering the lives of military personnel. In addition, unmanned systems can provide continuous monitoring, surveillance, and strike capabilities, making them significant assets in military operations. Using unmanned systems is especially vital in modern warfare, as conflicts are frequently asymmetric and necessitate a more versatile strategy to combat. Military drones can be outfitted with a variety of sensors, cameras, and other technology, enabling them to perform a variety of tasks like intelligence gathering, target acquisition, and strike operations.
The Europe Military Drone Market segmentation based on type, Group 1, Group 2, Group 3, Group 4, and Group 5. In 2023, the group 5 category had the greatest share of the European Europe Military Drone Market. Factors such as technological improvements, product innovation, and strategic collaborations could have contributed to their success.
Based on application, the Europe Military Drone Market segmentation includes ISR, Warfare, and Others. The ISRT segment is expected to lead throughout the projection period. The segment's growth is driven by UAVs' position in the military sector rather than combat operations. These flying machines are intended to offer critical information and gather data on the targeted territory or terrorist area.
The Europe Europe Military Drone Market is divided into three range segments short range, medium range, and long range. The Long Range category has developed dramatically, gaining a sizable market share. Long-range military drones are defined by their extended operational range, advanced capabilities, and durability. They are widely used for strategic surveillance, intelligence gathering, and precision strikes. The large Range section has increased in relevance in modern warfare due to its ability to cover large distances and carry out complex operations.
Based on technology, the Europe Military Drone Market is divided into Fixed Wing and Rotary Wing. The fixed-wing category dominated the Europe Military Drone Market in 2023 and is expected to continue to do so over the forecast period. Fixed-wing aircraft can frequently carry a heavier load for longer periods of time while using less power than vertical takeoff and landing UAVs. This means they are best suited to long-distance operations such as strategic defense, mapping, surveillance, and defense, which require extreme durability. Various military agencies throughout the world use it efficiently in the defense industry. These reasons are projected to boost the segment's growth during the projection period.
Figure 1: Europe Military Drone Market, by Technology, 2023 & 2032 (USD Billion)
Source Secondary Research, Primary Research, MRFR Database and Analyst Review
Germany is a major market for military drones. This is due to rising defense budgets, increased demand for advanced ISR capabilities, and a need to modernize military capabilities. Countries in Europe have raised their defense budgets in recent years to combat the region's mounting security challenges, boosting demand for military drones. The growing desire for improved ISR capabilities has fueled the expansion of the European Europe Military Drone Market. UAVs coupled with advanced sensors and imaging technology can deliver real-time intelligence, surveillance, and reconnaissance (ISR) data, which is critical in military operations.
Recent news
In 2023, Autel Robotics Co., Ltd. ("Autel Robotics"), a major provider of drone goods and industry solutions, will emphasize its plant in Hai Phong with superior production capabilities, where it now produces 150,000 units of flagship products for the US and European markets. The facility in Hai Phong, Vietnam, occupies 10,000 square meters and employs 500 committed and highly experienced workers.
Figure 2: Europe Military Drone Market Share By Region 2023 & 2032 (USD Billion)
Source Secondary Research, Primary Research, MRFR Database and Analyst Review
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Europe Military Drone Market grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the 3D packaging industry must offer cost-effective items.
Major players in the Europe Military Drone Market are attempting to increase market demand by investing in research and development operations, including AeroVironment Inc, BAE Systems Plc, Elbit Systems Ltd, General Atomics, Lockheed Martin Corp, Northrop Grumman Corp, Textron Systems Corp, Thales SA, The Boeing Co, and Israel Aerospace Industries Ltd.
June 2023, Greece signed a four-unit contract with Safran SA for the Patroller tactical unmanned air vehicle (UAV) through the NATO Support and Procurement Agency. The Patroller UAV will replace the Greek army's existing Sperwer UAVs. The deliveries of the UAVs will begin in late 2024. Greece has also ordered three ground stations.
December 2022, Elbit Systems Ltd. signed a five-year framework deal worth approximately USD 410 million to supply up to seven "Watchkeeper X" tactical unmanned aircraft systems (UAS) to the Romanian Ministry of National Defense.
Military Drone Technology Outlook
Military Drone Regional Outlook
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 3.9 Billion |
| Market Size 2023 | USD 4.2 Billion |
| Market Size 2032 | USD 8.8 Billion |
| Compound Annual Growth Rate (CAGR) | 26.80% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2019- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Application, Rangeand Region |
| Region Covered | Europe |
| Countries Covered | Germany, France, UK, Italy, Spain, Sweden, Denmark, Luxembourg, Norway, Austria and Rest of Europe |
| Key Companies Profiled | AeroVironment Inc, BAE Systems Plc, Elbit Systems Ltd, General Atomics, Lockheed Martin Corp, Northrop Grumman Corp, Textron Systems Corp, Thales SA, The Boeing Co, and Israel Aerospace Industries Ltd |
| Key Market Opportunities | Growing applications in surveillance and reconnaissance |
| Key Market Dynamics | Technological advancements |
Frequently Asked Questions (FAQ) :
The Europe Military Drone Market size was valued at USD 4.1 Billion in 2023.
The market is projected to grow at a CAGR of 26.80% during the forecast period, 2024-2032.
The key players in the market are AeroVironment Inc, BAE Systems Plc, Elbit Systems Ltd, General Atomics, Lockheed Martin Corp, and others.
The ISRT category dominated the market in 2023.
Group 5 category had the largest share of the market.
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