PALM BEACH, Fla., June 5, 2025 /CNW/ -- FN Media Group News Commentary - According to a report from industry insiders says that the global military drone market is projected to reach $56.69 billion by 2033, growing from $24.25 billion in 2025, with a CAGR of 11.20%. This growth is driven by increased global security concerns, military modernization, and advancements in unmanned systems. Tactical drones and Intelligence, Surveillance, and Reconnaissance (ISR) applications are significant market drivers, with North America being a major player. The report said: "Based on Type, the market is segmented into Fixed Wing, Rotary Wing, And Hybrid. The Fixed Wing segment accounted for the largest market stake in the global Military Drone Market. This can be attributed to several key factors. Fixed-wing drones offer longer endurance and extended operational ranges than their rotary-wing counterparts, making them well-suited for long-range reconnaissance, surveillance, and target acquisition. Their aerodynamic design allows for efficient flight, enabling them to cover larger areas and stay aloft for extended periods, enhancing their utility in complex and strategic military operations. Based on Range, the Market is segmented into Visual Line of Sight, Extended Visual Line of Sight, and Beyond Line of Sight. The extended Visual Line of Sight segment accounted for the largest market stake in the global Military Drone Market due to its pivotal role in addressing operational challenges. EVLOS operations allow drone operators to maintain control and monitor the drone's flight beyond the pilot's direct line of sight, essential for covering larger areas and conducting missions in complex, geographically diverse environments. This capability is crucial for military applications such as long-range reconnaissance, border surveillance, and monitoring inaccessible or hazardous areas." Active Companies in the markets today include ZenaTech, Inc. (NASDAQ:ZENA), RTX Corporation (NYSE:RTX), AgEagle Aerial Systems Inc. (NYSE:UAVS), Lockheed Martin (NYSE:LMT), Teledyne Technologies Incorporated (NYSE:TDY).
Read more at newswire.caTactical Drones with Intelligence, Surveillance, and Reconnaissance Applications Drastically Improving Operations
Newswire.ca -
Thu Jun 5, 8:00AM CDT
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