It has been anticipated that North America, by 2024, will be accounting for 70% of the overall military drone market share. Undeniably, U.S. has emerged as a viable revenue pocket for North America military drone market. Thus, countries like China, Russia, Iran, Pakistan and Turkey have invested in research and development of drone programs, a trend indicating the strong growth of the military drone market in future. The changing face of warfare in the recent years has been a pivotal factor stimulating military drone market. As per estimates, military drone market size will be pegged at USD 13 billion by 2024.

Source: The North Africa Journal July 22, 2020 06:56 UTC