Stealth Drone Trends and Forecast
The future of the global stealth drone market looks promising with opportunities in the military and defense markets. The global stealth drone market is expected to grow with a CAGR of 14.8% from 2024 to 2030. The major drivers for this market are growing use of drones in military operations and increasing investment in next-gen UAVs.
• Lucintel forecasts that rotor wing is expected to witness the higher growth over the forecast period.
• Within this market, military is expected to witness the higher growth.
• APAC is expected to witness highest growth over the forecast period.
United States: Northrop Grumman is ramping up production of its B-21 Raider stealth bomber, targeting delivery of the first operational aircraft to the US Air Force by the end of 2024. This highlights AmericaÄX%$%Xs continued focus on high-tech, next-generation stealth drones.
China: Aviation Industry Corporation of China (AVIC) announced the development of a new long-range, high-altitude stealth drone in March 2024. This development reflects ChinaÄX%$%Xs growing ambitions in the stealth drone market and potential competition for US dominance.
Israel: Israel Aerospace Industries (IAI) signed a contract with an undisclosed Asian nation for the supply of several Heron TP stealth drones (May 2024). This deal showcases IsraelÄX%$%Xs success in exporting its advanced stealth drone technology to the international market.
Europe: European defense companies are collaborating on a project to develop a new medium-altitude, long-endurance (MALE) stealth drone for European militaries. This initiative aims to reduce reliance on US technology and bolster European capabilities in the stealth drone domain.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Stealth Drone by Segment
The study includes a forecast for the global stealth drone by type, application, and region.
Stealth Drone Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Rotor Wing
• Fixed Wing
Stealth Drone Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Military
• Defense
• Others
Stealth Drone Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Stealth Drone Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies stealth drone companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the stealth drone companies profiled in this report include-
• Mistral Solutions
• Lockheed Martin
• HTCH
• AVIC Hongdu
• Sukhoi
Recent Development in the Stealth Drone Market
Lockheed Martin (USA): Successfully completed the first flight test of its new Skunk Worksclassified stealth drone prototype (May 2024). This secretive project highlights the ongoing innovation in high-performance stealth drone technology by leading US defense contractors.
BAE Systems (UK): Partnered with a leading Australian defense company to develop and manufacture advanced subsystems for next-generation stealth drones (April 2024). This collaboration indicates a growing trend of international partnerships to share expertise and resources in the stealth drone market.
General Atomics (USA): Announced plans to upgrade its MQ-9 Reaper drone with enhanced stealth capabilities, including new radar-absorbent materials and a reduced thermal signature (March 2024). This news reflects the focus on improving the existing fleet of stealth drones to maintain their effectiveness against evolving threats.
Saab AB (Sweden): Unveiled a new concept design for a next-generation, fully autonomous stealth drone for maritime patrol and reconnaissance missions (February 2024). This development showcases the potential for autonomous technology to revolutionize the future of stealth drone operations..
Features of the Global Stealth Drone Market
Market Size Estimates: Stealth drone market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Stealth drone market size by type, application, and region in terms of value ($B).
Regional Analysis: Stealth drone market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the stealth drone market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the stealth drone market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for stealth drone market?
Answer: The global stealth drone market is expected to grow with a CAGR of 14.8% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the stealth drone market?
Answer: The major drivers for this market are growing use of drones in military operations and increasing investment in next-gen UAVs.
Q3. What are the major segments for stealth drone market?
Answer: The future of the stealth drone market looks promising with opportunities in the military and defense markets.
Q4. Who are the key stealth drone market companies?
Answer: Some of the key stealth drone companies are as follows:
• Mistral Solutions
• Lockheed Martin
• HTCH
• AVIC Hongdu
• Sukhoi
Q5. Which stealth drone market segment will be the largest in future?
Answer: Lucintel forecasts that rotor wing is expected to witness the higher growth over the forecast period.
Q6. In stealth drone market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the stealth drone market by type (rotor wing and fixed wing), application (military, defense, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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