In 2023, the global military drone market reached $14.14 billion, which is $1.59 billion higher than the figure of 2022. It is expected that the market volume might reach $35.60 billion by 2030. Such data was presented by Fortune Business Insights analysts.
Right now, the main players are considered to be Israel, which accounts for 34% of the produced military drones, followed by China (31%), and the USA (25%). In the fourth place is Turkey (6%).
Fortune Business Insights experts assert that Russia signed a contract with China for the supply of drones worth $12 million. The discussion is about military purpose drones.
In Russia, the sector of unmanned aerial systems (UAS) is actively developing. With a positive scenario, which implies an annual market growth of 20-25%, by 2030 the drone market in Russia will reach a volume of 72.3 billion rubles. That's just 2.5% of the global market.
It was previously reported that Russian engineers created an unmanned drone from foam plastic which remains invisible to EW.