Military Drone (UAV) Market to Reach USD 22.81 Billion by 2030, Growing at 7.6% CAGR, Says MarketsandMarkets™

Delray Beach, FL, July 17, 2026 (GLOBE NEWSWIRE) -- The global Military Drone (UAV) Market is projected to grow from USD 34.85 billion in 2026 to USD 109.22 billion by 2031 , at a CAGR of 25.7%, according to a new report by MarketsandMarkets™. The market was valued at USD 28.05 billion in 2025, with growth driven by rising defense budgets, demand for ISR, precision strike, and electronic warfare capabilities, increasing geopolitical tensions, and advancements in AI, autonomy, and swarm technologies. Procurement of cost-effective tactical UAVs is accelerating adoption across both major defense powers and emerging economies.