The analysts find that the military drone market growth is driven by increased investments in advanced military solutions to enhance defence capabilities. The rise in piracy and territorial encroachments in regions like Central Asia, South America, East Africa, the Indian subcontinent, Southeast Asia, and West Africa has led to heightened maritime patrolling and anti-piracy operations. As a result, there is a growing reliance on Unmanned Aerial Vehicles (UAVs) for maritime patrolling and identifying potential hotspots.

Battery propulsion leads

Based on propulsion, the military drone market the information is categorised into turbo engines, piston engines, and battery-powered drones. The battery segment encompasses military drones utilising lithium-ion batteries, fuel cells, and hybrid cells. During the forecast period, the battery segment is expected to exhibit the highest growth rate at 16.2%, driven by the adoption of batteries in many short- and medium-range and small drones. According to the research, high-endurance tactical and strategic drones are typically powered by turbo engines, specifically gas-powered turbojet and turbofan engines. Meanwhile, piston engines have found applications in many small military drones designed for low-power and low-speed operations. Battery or electric military drones leverage batteries for energy storage, powering electric motors.

Subsonic segment dominates

Based on speed, the military drone market is divided into subsonic and supersonic segments. The subsonic is subdivided into drones with speeds of <100 Km/hr, 100–300 Km/hr, and >300 Km/hr. Currently, the subsonic segment dominates the market, reflecting the prevalence of military drones operating at conventional subsonic speeds. Subsonic drones, characterised by speeds ranging from standstill to slightly below the speed of sound (Mach 0.8), contributed significantly to the market share in 2023. This growth is driven by an increased demand for highly autonomous drones operating at high subsonic speeds.

Strong demand in Asia Pacific

The Asia Pacific region stands out as a global leader in technology and innovation, showcasing the fastest growth in military drone adoption. Notably, countries such as China, Malaysia, South Korea, and India are making substantial investments in the development of military drone projects. India frequently procures military solutions from North America and Europe.

China, recognised for its advanced technology and efficient manufacturing capabilities, plays a significant role in the drone industry. Key Chinese companies named by the research and engaged in the manufacturing of military drones, payloads, and drone components include Autel Robotics, China Academy of Aerospace Aerodynamics, Chengdu Rainpoo Technology Co., Ltd., Aviation Industry Corporation of China (AVIC), and China Aerospace Science and Technology Corporation.

Other global major players mentioned in the report include companies from the United States such as Northrop Grumman Corporation, Raytheon Technologies Corporation, General Aeronautical Systems and Teledyne Flir; and the Israeli company, Israel Aerospace Industries Ltd.