Technology
Military Drone Market to Grow by USD 8.51 Billion (2024-2028), Advancements in Drone Technology Driving Revenue, Report on AI-Powered Market Evolution – Technavio
Published
2 years agoon
By
NEW YORK, Nov. 26, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global military drone market size is estimated to grow by USD 8.51 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 12.21% during the forecast period. Recent developments in military drones is driving market growth, with a trend towards development of long-range spy combat drone. However, rapid development of anti-drone technology poses a challenge. Key market players include AeroVironment Inc., Airbus SE, Anduril Industries Inc., Animal Dynamics Ltd., Asteria Aerospace Ltd., BAE Systems Plc, EDGE Group PJSC, Elbit Systems Ltd., General Atomics, Israel Aerospace Industries Ltd., Leonardo Spa, Lockheed Martin Corp., Northrop Grumman Corp., Rafael Advanced Defense Systems Ltd., RTX Corp., Red Cat Holdings Inc., Saab AB, Shield AI, Teledyne Technologies Inc., Textron Inc., Thales Group, and The Boeing Co..
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Forecast period
2024-2028
Base Year
2023
Historic Data
2018 – 2022
Segment Covered
Type (Rotary Blade, Fixed Wing, and Hybrid), Technology (Remotely operated, Semi-autonomous, and Autonomous), and Geography (North America, APAC, Europe, Middle East and Africa, and South America)
Region Covered
North America, APAC, Europe, Middle East and Africa, and South America
Key companies profiled
AeroVironment Inc., Airbus SE, Anduril Industries Inc., Animal Dynamics Ltd., Asteria Aerospace Ltd., BAE Systems Plc, EDGE Group PJSC, Elbit Systems Ltd., General Atomics, Israel Aerospace Industries Ltd., Leonardo Spa, Lockheed Martin Corp., Northrop Grumman Corp., Rafael Advanced Defense Systems Ltd., RTX Corp., Red Cat Holdings Inc., Saab AB, Shield AI, Teledyne Technologies Inc., Textron Inc., Thales Group, and The Boeing Co.
Key Market Trends Fueling Growth
Military drones have become an essential tool for battlefield surveillance and reconnaissance in the modern defense landscape. Companies like Textron Systems and Elbit Systems lead the market with offerings such as the MQ-1 Predator. The trend towards drone pilots operating these UAVs from a distance continues, with an increasing focus on endurance and safety. Non-traditional adversaries and asymmetric warfare have driven innovation in drone technology, leading to hybrid military drones and advanced sensor systems. Domestic manufacturers prioritize safety and security, as hacking attempts have become a concern. The fixed-wing segment dominates military drone spending, with defense budgets allocating significant resources for UAVs in the air, land, and naval domains. Unmanned Aerial Vehicles (UAVs) are used for various applications, including surveying, mapping, transportation, and combat operations. Militaries worldwide invest in drone technology for monitoring targets and enhancing defense capabilities. Companies like Alpha Design focus on specific applications, such as border disputes. The future of military drones includes Artificial Intelligence, air-to-air missiles, and weapon payloads, making them indispensable tools for defense forces.
Military drones, also known as Unmanned Aerial Vehicles (UAVs), are becoming essential tools in national security for countermeasure operations. These unmanned aerial platforms are integrated with advanced command, control, communications, computers, intelligence, surveillance, and reconnaissance systems due to rapid technological advancements in military electronics. UAVs can be armed with bombs, rockets, and precision-guided projectiles, making them valuable assets for military missions. China is at the forefront of UAV development, investing heavily in research and development to create drones for various military applications, including surveillance of enemy platforms and bases, due to territorial disputes with neighboring countries.
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Market Challenges
Military drones have become an essential tool for battlefield surveillance, reconnaissance, and monitoring in various domains. However, the market faces challenges such as the need for skilled drone pilots, ensuring safety and security against hacking attempts, and adapting to non-traditional adversaries and asymmetric warfare. Domestic manufacturers like Textron Systems and Elbit Systems compete with international players like General Atomics in the military drone market. The fixed-wing segment, including MQ-1 Predator, leads in endurance and surveillance, while rotary wing drones offer flexibility. Defense budgets and military spending influence market growth. Innovation in drone technology includes Artificial Intelligence, sensor systems, and weapon payloads. Companies like Alpha Design focus on border disputes and transportation applications. The market includes UAVs for surveying, mapping, and combat operations in the air, land, and naval domains. Militaries worldwide invest in military UAVs for defense expenditure and avionics, airframe, and propulsion upgrades.Countries worldwide are investing in anti-drone defense systems to counteract the growing use of military drones. Boeing’s recent test of a 10 kW anti-drone laser cannon is an example of this trend. The company aims to increase the laser’s power to 60 kW for military applications. Modern lasers and lithium-ion battery technology are key innovations, enabling increased energy storage and power density. Lithium-powered lasers can neutralize small drones and issue non-lethal warnings, making them valuable additions to defense systems.
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Segment Overview
This military drone market report extensively covers market segmentation by
Type 1.1 Rotary Blade1.2 Fixed Wing1.3 HybridTechnology 2.1 Remotely operated2.2 Semi-autonomous2.3 AutonomousGeography 3.1 North America3.2 APAC3.3 Europe3.4 Middle East and Africa3.5 South America
1.1 Rotary Blade- Rotary blades are a fundamental component in military drones, enabling them to take off, hover, and adjust altitude. This technology enhances the drone’s maneuverability, allowing it to change direction and operate effectively in confined spaces. Rotary blades are crucial for military applications, where drones perform various tasks, including reconnaissance, surveillance, and combat. They increase the payload capacity, enabling drones to carry heavier equipment such as cameras, weapons, and sensors. Rotary blade drones offer versatility and adaptability, functioning in diverse terrains, including urban areas, hills, and mountains. Their unique design, using composite materials like carbon fiber, ensures strength and durability. The reduced noise from rotary blades enhances stealth capabilities, allowing covert operations. Operating drones remotely eliminates risks to personnel, making rotary blade technology a significant growth driver in the military drone market.
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Research Analysis
Military drones have become an integral part of modern warfare, providing battlefield surveillance, reconnaissance, and monitoring capabilities that are crucial for asymmetric warfare and combat operations. These unmanned aerial vehicles (UAVs) offer significant advantages, including extended endurance, high-altitude surveillance, and the ability to operate in dangerous or hard-to-reach areas. Military drones are used for various applications, including surveillance, mapping, and transportation. State policies have played a significant role in the growth of the military drone market, with increasing defense expenditure driving demand. However, concerns over hacking attempts and the potential use of drones for unintended purposes have raised ethical and security issues. Artificial Intelligence (AI) is also being integrated into military drones to enhance their capabilities and improve their effectiveness. Companies like Textron Systems and Elbit Systems are at the forefront of developing advanced military drones, with the MQ-1 Predator being a notable example. Other players in the market include Syscom, offering drone solutions for surveying and mapping. Military UAVs are transforming the way wars are fought and won, and their role is set to expand in the future.
Market Research Overview
Military drones have become an integral part of modern warfare and surveillance, providing valuable insights for battlefield surveillance, reconnaissance, and monitoring in various domains – air, land, and naval. These Unmanned Aerial Vehicles (UAVs) offer endurance, flexibility, and safety, making them essential tools for state policies against non-traditional adversaries and asymmetric warfare. The military drone market is witnessing innovation with the development of hybrid military drones, combining fixed-wing, hybrid wing, and rotary wing designs. Domestic manufacturers like Alpha Design are making strides in this field, offering advanced drone technology with superior sensor systems and avionics. Military drones are used for various applications, including surveying, mapping, transportation, and combat operations. Defense budgets continue to prioritize drone technology, with armed forces investing heavily in this sector. However, concerns over safety and security, including hacking attempts, remain a challenge. The fixed-wing segment dominates the military drone market, with companies like Textron Systems and Elbit Systems leading the way. Militaries worldwide are also investing in UAVs equipped with air-to-air missiles and weapon payloads for enhanced capabilities. Military spending on drone technology continues to grow, driven by the need for advanced sensor systems, Artificial Intelligence, and autonomous capabilities. As military UAVs become more sophisticated, they are expected to play a significant role in defense expenditure and defense forces’ operational capabilities.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
TypeRotary BladeFixed WingHybridTechnologyRemotely OperatedSemi-autonomousAutonomousGeographyNorth AmericaAPACEuropeMiddle East And AfricaSouth America
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio
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Technology
Global Security & Technology Summit Unveils Month-Long Program of Activities Ahead of December Event
Published
6 hours agoon
October 24, 2026By
RIYADH, Saudi Arabia, Oct. 24, 2026 /PRNewswire/ — The Organizing Committee of the Global Security & Technology Summit (GSTS) held an introductory session today at the Ministry of Interior’s headquarters in Riyadh, bringing together representatives from the government, private, and nonprofit sectors to introduce the program of activities leading up to the summit. The upcoming summit will be held in Riyadh under the patronage of HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, under the supervision of HRH Prince Abdulaziz bin Saud bin Naif bin Abdulaziz Al Saud, Minister of Interior, and organized by the Ministry of Interior in cooperation with Tuwaiq Academy.
During the session, the Organizing Committee presented the comprehensive GSTS program, comprising three key components: GSTS Month, running from November 1 to 30, 2026; the Global Security & Innovation Fair (SAIF), taking place from November 24 to 26, 2026; and the main Summit, scheduled for December 18 to 20, 2026, in Riyadh. Together, these events form an integrated program designed to advance security and technology innovation, strengthen national capabilities, and foster international cooperation.
GSTS Month will feature working groups, boot camps, training programs, knowledge-sharing sessions, and technical workshops across Saudi Arabia’s 13 administrative regions, delivered both in person and remotely in collaboration with specialized entities. The month-long program aims to develop national capabilities, identify emerging talent, enrich knowledge-sharing opportunities, and equip professionals with the knowledge and skills needed to develop innovative solutions to future security and technology challenges.
The main Summit will bring together global leaders, decision-makers, experts, and innovators to explore the future of security and technology, promote the integration of advanced technologies within the security sector, strengthen national capabilities, support innovation, and foster international cooperation, further positioning the Kingdom as a global hub for security and technology.
Showcasing the latest technological breakthroughs and security solutions, the summit will bring together government entities, private sector organizations, academic institutions, and research centers to facilitate knowledge exchange and collaboration across key fields, including cybersecurity, artificial intelligence (AI), the Internet of Things (IoT), smart security solutions, emerging technologies, and crisis management. The program will also feature main sessions, specialized discussions, and interactive exhibitions. Registration is available at gsts.sa.
Advisor to HRH the Minister of Interior and Chairman of the GSTS Organizing Committee, Ahmed Altowayan, stated that the summit builds on Saudi Arabia’s efforts to establish an advanced security and technology ecosystem focused on knowledge and innovation, keeping pace with rapid developments and future challenges.
Mr. Altowayan noted that the summit is a global platform for strengthening cooperation and exchanging expertise, anticipating future developments in security and technology, and developing strategic partnerships and innovative solutions that enhance the efficiency and readiness of security systems.
Vice Chairman of the GSTS Organizing Committee, Eng. Abdulaziz Alhammadi, said that the summit will offer a range of integrated programs and activities focused on enhancing national skills, encouraging innovation, and supporting international cooperation.
He added that GSTS Month will help build national capabilities, discover talent, and develop skills, with SAIF providing a platform for innovators and researchers from around the world to showcase leading technological solutions, while the main Summit will bring together leaders and experts to discuss the future of security and technology and explore new strategic partnership opportunities.
SAIF will take place at the Riyadh International Convention & Exhibition Center, bringing together innovators, researchers, technology talents, and industry experts from around the world to showcase promising innovations and projects across 14 fields of technology and innovation. The fair will provide opportunities to engage with project owners, including students, graduates, and entrepreneurs, and explore the different stages of innovation development through interactive zones, panel discussions on emerging security and innovation trends, and knowledge-sharing workshops led by specialists. Visitor registration is open to participants from within and outside the Kingdom through saifair.sa.
The introductory session also featured contributions from representatives of government, private, and nonprofit sector entities, alongside members of the media. Discussions focused on developing national capabilities in security and technology, strengthening students’ technical expertise, translating scientific research into practical solutions, and supporting Saudi companies in developing security and technology solutions and advancing digital transformation.
Organized by the Ministry of Interior in cooperation with Tuwaiq Academy, GSTS is produced by Tahaluf, with the Ministry of Education serving as Strategic Scientific Partner, Tahakom as Founding Partner, and Elm as Principal Partner.
Registration for participants from within and outside the Kingdom is available at gsts.sa.
Click here to view the media kit.
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Technology
Axon Announces Body 5: Next-Generation Camera Built for the AI Era
Published
11 hours agoon
October 24, 2026By
Axon Body 5 delivers 25x the AI processing power of earlier-generation cameras, with upgraded connectivity, audio and battery life to support real-time situational awareness in the field
SCOTTSDALE, Ariz., Oct. 24, 2026 /PRNewswire/ — Axon (Nasdaq: AXON), the global leader in public safety technology, today announced Axon Body 5, its newest body-worn camera designed to bring more powerful intelligence, connectivity and real-time support directly to officers in the field.
For years, Axon body cameras have helped agencies capture critical evidence and create greater transparency. Body 5 is built to help officers during the call, with information, assistance and backup on the spot.
“Officers shouldn’t have to choose between getting information and watching the scene. With Axon Body 5, they don’t,” said Rick Smith, Axon Founder and CEO. “They capture a license or document with the camera, keep their hands free and eyes up, and get information faster than writing it down and calling it in by radio. An officer fully engaged with the person in front of them, not down at a notepad, is a safer officer and a better-served community.”
Axon Body 5: Built for the AI Era
Built from the ground up for the AI era, Axon Body 5 delivers 25x the AI processing power than earlier generation Axon body cameras, alongside advancements in connectivity, audio, video and battery life. Together, these upgrades give the camera the physical power to run smarter AI features — both today and as new AI tools are developed in the future — while also making it more dependable for officers to use every day.
For the first time, Axon is also introducing two versions of its latest flagship camera: Axon Body 5 and Axon Body 5 Pro.
Both models feature several key advancements, including:
25x more processing power for AI: A powerful new computing architecture creates the capacity to support current and future AI features directly on the body camera.Enhanced video: Improved video captures clearer evidence across challenging environments, including better low-light performance.Improved connectivity: Seamless connectivity in urban and remote environments – and more precise location capability – helps officers, cameras and remote support teams stay connected when timely information matters most.Longer battery life: 20% more battery life than the previous generation helps keep the camera ready and connected throughout an officer’s shift.
The Axon Body 5 Pro will continue to gain new AI capabilities as they become available, growing along with the AI Era Plan. Additionally, new hardware features include:
A near-focus camera: An additional dedicated camera lens lets officers scan driver’s licenses to check status and search for wants or warrants in seconds, without returning to the patrol vehicle, with relevant information sent to Axon Fusus to support real-time operations.Front-facing speakers: Four additional speakers project even more powerful audio toward the person an officer is speaking with, helping real-time translations from Axon Assistant carry more clearly over heavy traffic or crowd noise. Additional memory: Extra space lets the camera run several AI tools at once, helping officers stay better informed and work faster.
Bringing More of Axon’s AI Era Into the Field
Axon Body 5 helps officers get more out of the Axon AI Era Plan by bringing smart tools right to the scene. Axon’s portfolio already supports public safety professionals across a growing range of tasks. For example, Draft One helps officers turn body-camera audio into high-quality report drafts and Axon Assistant provides voice-based information access and real-time translation.
Increasingly, Axon is also bringing AI into real-time operations.
Axon Guardian is a new category of AI features within the AI Era Plan that was specifically created to work with an officer’s field-based devices – starting with body cameras and in-car cameras – to improve safety. Guardian is designed to flag potential risks as situations unfold and create alerts when additional attention may be needed. Two of the first features include:
Escalation Detection: When an Axon Body 4 or Axon Body 5 camera is activated and recording, Guardian has the ability to detect potential conflicts in real time and create an alert in Axon Fusus. A human reviews the livestream and decides if additional support or action is needed.Approach Alert: When active on Axon Fleet 3, Guardian can detect if the door of a stopped vehicle opens and alert the officer through the in-car display and their body-worn camera.
Combined, Axon Body 5 and the expanding AI Era portfolio demonstrate the importance of AI as a critical resource to assist public safety professionals before, during and after an incident — reducing administrative burden, improving situational awareness and helping protect more lives.
Innovating Responsibly
Axon’s Responsible Innovation framework guides the development of all of its products. Designed with this in mind, Axon Body 5 and Guardian prioritize human oversight and maintain agency control over data. As a key part of the responsible innovation process, Axon’s independent Ethics and Equity Advisory Council was created to help responsibly develop and deploy new technologies with transparency, while aligning with community expectations.
General availability dates for Axon Body 5 and Axon Guardian will be announced soon. Product features and capabilities vary by configuration. For more information on Axon’s current products and services: Axon Product Catalog – Axon.com.
About Axon
Axon (Nasdaq: AXON) is the global leader in public safety technology supporting state, local, federal and international public safety agencies with technology designed to Protect Life. Complementing its mission, Axon’s growing Enterprise market focuses on protecting critical infrastructure and frontline workers across multiple industries including corporate security, hospitality, retail and healthcare. Founder-led since 1993, Axon builds products with transparency and responsibility. From TASER energy devices to today’s connected network of hardware – including cameras, drones, and robotics – cloud software, sensors, and AI-tools, the Axon ecosystem helps seamlessly protect people and places when it matters most. To ensure these technologies align with community expectations, Axon’s independent Ethics & Equity Advisory Council guides the ethical, inclusive, and accountable design of its products and services. Learn more about the EEAC and Axon’s Responsible Innovation framework at Axon Responsibility.
Non-Axon trademarks are the property of their respective owners. Axon, TASER and the Delta Logo are trademarks of Axon Enterprise, Inc., some of which are registered in the US and other countries. For more information, visit www.axon.com/legal. All rights reserved.
Please visit https://investor.axon.com and https://www.axon.com/newsroom for more information.
Media Contact:
Kate MacKinnon
Vice President, Communications
press@axon.com
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SOURCE Axon
Technology
In HelloNation, Custom Fabrication Expert Mark Coyle Explains a Common Mistake in Custom Aluminum Design
Published
12 hours agoon
October 24, 2026By
The article explains why smart geometry, not thicker walls, creates stronger, more efficient aluminum components.
ROCHESTER, N.Y., Oct. 24, 2026 /PRNewswire/ — What early design choice causes many custom aluminum projects to become heavier, costlier, or harder to manufacture? That question is addressed in a HelloNation article featuring insights from Custom Fabrication Expert Mark Coyle of American Custom Metals, Inc. in Rochester, New York, that outlines how misunderstanding aluminum behavior leads designers to rely on thick walls instead of stronger geometry.
The article begins by explaining that many people assume thicker walls automatically make aluminum parts stronger. It notes that aluminum does not respond to wall thickness the way steel does. Instead, its performance is shaped by how the metal flows through the extrusion die. The article states that custom aluminum design is more effective when profiles use ribs, chambers, and flanges to create stiffness without adding unnecessary weight. This guidance helps readers understand why adding material often increases cost without improving strength.
The article also highlights that thicker walls change how aluminum moves during extrusion. When heavy areas fill more slowly, the metal cools unevenly and can develop stress that only appears later. The HelloNation piece explains that well-balanced geometry keeps extrusion smooth and predictable. This consistency makes it easier to maintain dimensional accuracy across long production runs. By focusing on geometry, custom aluminum design avoids the problems that come with slow extrusion speeds and uneven cooling.
Another insight in the article centers on how ribs and internal supports influence stability. It describes how a thin wall supported by a properly placed rib often performs better than a thick wall with no reinforcement. This happens because the rib helps distribute load, improve stiffness, and guide the aluminum as it cools. The article explains that this structural approach makes custom aluminum design more efficient and gives designers more control over how the final part behaves under pressure.
The article also shows why early collaboration between designer and fabricator prevents costly changes. It states that a fabricator familiar with extrusion can catch potential issues before a die is built. Small adjustments to corners or transitions can remove weak points or improve metal flow. The article notes that this teamwork keeps the design aligned with real-world production. By working together early, both sides reduce the risk of redesigning the die after the first test run.
Machining is another area where the article explains how wall thickness affects performance. Features such as deep pockets or sharp internal angles may require slow feed rates or special tooling. When walls are thicker than needed, those areas can become difficult to machine cleanly. The article states that thoughtful custom aluminum design makes machining more predictable. Small changes, such as adding radiused edges or sizing features to match standard tools, help shorten cycle times and prevent tool wear.
Thermal behavior receives detailed attention as well. The article explains that aluminum retains heat differently depending on the mass of each section. Thicker walls hold heat longer, which increases the chance of distortion during extrusion, machining, or finishing. When a design uses geometry to create strength, the material cools more evenly. This reduces warping and helps long profiles stay aligned. The article notes that stable cooling is important for components that require a precise fit and consistent shape throughout an entire production run.
Cost is also a key topic in the article. It states that heavier profiles increase material use, extrusion time, and tooling needs. A custom aluminum design that relies on geometry instead of mass lowers material consumption and keeps the fabrication process efficient. The article explains that lighter parts are easier to handle, ship, and assemble. This saves money across multiple stages of production and supports long-term manufacturing efficiency.
The article also notes that smart custom aluminum design creates profiles that behave predictably during extrusion and machining. Smooth transitions, balanced wall dimensions, and structural features help reduce the chance of distortion or dimensional drift. These elements also lower scrap rates and support reliable performance. By using geometry instead of excess material, designers build parts that maintain strength without compromising manufacturability.
As the article concludes, it emphasizes that avoiding thick walls is one of the best ways to improve performance and lower cost. It states that the most dependable custom aluminum components come from designs that use structural features to strengthen the profile. When designers understand how aluminum behaves at each stage of extrusion and machining, they create parts that are strong, efficient, and consistent from batch to batch. This approach turns custom aluminum design into a predictable process rather than a series of uncertain adjustments.
A Common Mistake in Custom Aluminum Design features insights from Mark Coyle, Custom Fabrication Expert of Rochester, NY, in HelloNation.
About HelloNation
HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.
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SOURCE HelloNation
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