Target Drone Market
The overall market is also presented from the perspective of different
geographic regions and the key countries in each region. Americas is the
dominating market which held a major revenue share in 2015 mainly driven by
investments in Special Forces, UAVs and fighter aircraft able to carry ground
attacks. APAC attributed the fastest growth rate resulting from developing
nations such as China and India developing indigenous air based defense
equipment to reduce their import spending on defense. This growth was
followed by Europe and RoW. The global target drone market is estimated to
reach $5.82 Bn by 2021 with CAGR of 9.74% during the forecast period.