The Business
Research Company’s latest report Military Drones Global Market Report 2020
covers Military Drones market drivers, Military Drones market trends, Military
Drones market segments, Military Drones market growth rate, Military Drones
market major players, and Military Drones market size. The report provides
in-depth analysis of the impact of COVID-19 on the Military Drones industry,
along with revised market numbers due to the effects of the coronavirus.
View Complete Report:
Military Drones
Global Market Report 2020 is the most comprehensive report available on this
market and will help gain a truly global perspective as it covers 60
geographies. The chapter on the impact of COVID-19 gives valuable insights on
supply chain disruptions, logistical challenges, and other economic
implications of the virus on the market. The chapter also covers markets which
have been positively affected by the pandemic.
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The global military drones market is
expected decline from $13.55 billion in 2019 and to $11.83 billion in 2020 at a
compound annual growth rate (CAGR) of -12.70%. The decline is mainly due to
economic slowdown across countries owing to the COVID-19 outbreak and the
measures to contain it. The market is then expected to recover and reach $20.16
billion in 2023 at CAGR of 19.45%.
The report covers the Military Drones
market’s segments-
1) By Drone Type: MALE, HALE, TUAV, UCAV,
SUAV.
2) By Type: Fixed-Wing, Rotary Wing, Hybrid.
3) By Technology: Remotely Operated,
Semi-Autonomous, Autonomous.
4) By Application: Search and Rescue,
National Defense, Military Exercises, Others.
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