Military drones dominate growing global market fueled by AI and defense spending
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Military drones now dominate the global drone market, with increasing adoption driven by their strategic value in reconnaissance, surveillance, and tactical operations.
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Artificial intelligence is making drones more potent, enabling swarm intelligence, autonomy, and more effective data analysis.
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The global drone market is projected to reach $101.1 billion by 2032, with military drones accounting for 48.6% revenue share currently.
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Asia Pacific currently leads drone adoption, but North America is expected to grow the fastest, with the US becoming the biggest market.
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Key players in the military drone space include AeroTargets International, China’s military UAV, Denel Dynamics, Embention, Airbus, Griffon Aerospace, and Kratos Defense & Security Solutions.