Target Drones Market to Grow at an Impressive CAGR of 7.4% by 2027

According to a research report "Target Drones Market by End-use Sector (Defense, Commercial), End Use (Aerial Targets, Ground Targets, Marine Targets), Application, Mode of Operation, Payload Capacity, Build, Target Type, Engine Type, Speed, Type and Region - Global Forecast to 2027" published by MarketsandMarkets, the Target drones Market is projected to grow from USD 4.5 billion in 2022 to USD 6.4 billion by 2027, at a CAGR of 7.4% from 2022 to 2027. The advent of target drones in terms of compact designs and recovery systems is one of the major driving factors for the demand of target drones market.

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By payload capacity, the Medium (20 kg to 40 kg) segment is expected to lead the market during the forecast period

On the basis of payload capacity, the target drones market has been segmented into high (>40 kg), medium (20 kg to 40 kg), and low (

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