| Product Code: ETC5861980 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Cyprus continues to rely on imports of target drones, with top exporting countries including China, Germany, Italy, Ireland, and Thailand in 2024. The market shows a high concentration, with a Herfindahl-Hirschman Index (HHI) remaining elevated. The compound annual growth rate (CAGR) from 2020 to 2024 stands at a steady 6.03%, with a slight growth rate increase of 3.65% from 2023 to 2024. These figures indicate a sustained demand for target drones in Cyprus, with key players from various countries contributing to the market's growth.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cyprus Target drones Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Target drones Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Target drones Market - Industry Life Cycle |
3.4 Cyprus Target drones Market - Porter's Five Forces |
3.5 Cyprus Target drones Market Revenues & Volume Share, By End-Use Sector, 2021 & 2031F |
3.6 Cyprus Target drones Market Revenues & Volume Share, By Build, 2021 & 2031F |
3.7 Cyprus Target drones Market Revenues & Volume Share, By Engine Type, 2021 & 2031F |
3.8 Cyprus Target drones Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.9 Cyprus Target drones Market Revenues & Volume Share, By Target Type, 2021 & 2031F |
3.10 Cyprus Target drones Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.11 Cyprus Target drones Market Revenues & Volume Share, By Mode Of Operation, 2021 & 2031F |
4 Cyprus Target drones Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Target drones Market Trends |
6 Cyprus Target drones Market Segmentations |
6.1 Cyprus Target drones Market, By End-Use Sector |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Target drones Market Revenues & Volume, By Defense, 2021-2031F |
6.1.3 Cyprus Target drones Market Revenues & Volume, By Commercial, 2021-2031F |
6.2 Cyprus Target drones Market, By Build |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Target drones Market Revenues & Volume, By New Build, 2021-2031F |
6.2.3 Cyprus Target drones Market Revenues & Volume, By Converted, 2021-2031F |
6.3 Cyprus Target drones Market, By Engine Type |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Target drones Market Revenues & Volume, By IC, 2021-2031F |
6.3.3 Cyprus Target drones Market Revenues & Volume, By Jet, 2021-2031F |
6.3.4 Cyprus Target drones Market Revenues & Volume, By Others, 2021-2031F |
6.4 Cyprus Target drones Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Target drones Market Revenues & Volume, By Aerial Targets, 2021-2031F |
6.4.3 Cyprus Target drones Market Revenues & Volume, By Ground Targets, 2021-2031F |
6.4.4 Cyprus Target drones Market Revenues & Volume, By Marine Targets, 2021-2031F |
6.5 Cyprus Target drones Market, By Target Type |
6.5.1 Overview and Analysis |
6.5.2 Cyprus Target drones Market Revenues & Volume, By Full-Scale, 2021-2031F |
6.5.3 Cyprus Target drones Market Revenues & Volume, By Sub-Scale, 2021-2031F |
6.5.4 Cyprus Target drones Market Revenues & Volume, By Free-Flying, 2021-2031F |
6.5.5 Cyprus Target drones Market Revenues & Volume, By Towing, 2021-2031F |
6.5.6 Cyprus Target drones Market Revenues & Volume, By Sporting, 2021-2031F |
6.6 Cyprus Target drones Market, By Application |
6.6.1 Overview and Analysis |
6.6.2 Cyprus Target drones Market Revenues & Volume, By Combat Training, 2021-2031F |
6.6.3 Cyprus Target drones Market Revenues & Volume, By Target & Decoy, 2021-2031F |
6.6.4 Cyprus Target drones Market Revenues & Volume, By Reconnaissance, 2021-2031F |
6.6.5 Cyprus Target drones Market Revenues & Volume, By Target Identification, 2021-2031F |
6.6.6 Cyprus Target drones Market Revenues & Volume, By Target Acquisition, 2021-2031F |
6.7 Cyprus Target drones Market, By Mode Of Operation |
6.7.1 Overview and Analysis |
6.7.2 Cyprus Target drones Market Revenues & Volume, By Autonomous, 2021-2031F |
6.7.3 Cyprus Target drones Market Revenues & Volume, By Remotely Piloted, 2021-2031F |
6.7.4 Cyprus Target drones Market Revenues & Volume, By , 2021-2031F |
6.8 Cyprus Target drones Market, By Payload Capacity |
6.8.1 Overview and Analysis |
6.8.2 Cyprus Target drones Market Revenues & Volume, By High (>40 Kg), 2021-2031F |
6.8.3 Cyprus Target drones Market Revenues & Volume, By Medium (20 Kg to 40 Kg), 2021-2031F |
6.8.4 Cyprus Target drones Market Revenues & Volume, By , 2021-2031F |
7 Cyprus Target drones Market Import-Export Trade Statistics |
7.1 Cyprus Target drones Market Export to Major Countries |
7.2 Cyprus Target drones Market Imports from Major Countries |
8 Cyprus Target drones Market Key Performance Indicators |
9 Cyprus Target drones Market - Opportunity Assessment |
9.1 Cyprus Target drones Market Opportunity Assessment, By End-Use Sector, 2021 & 2031F |
9.2 Cyprus Target drones Market Opportunity Assessment, By Build, 2021 & 2031F |
9.3 Cyprus Target drones Market Opportunity Assessment, By Engine Type, 2021 & 2031F |
9.4 Cyprus Target drones Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.5 Cyprus Target drones Market Opportunity Assessment, By Target Type, 2021 & 2031F |
9.6 Cyprus Target drones Market Opportunity Assessment, By Application, 2021 & 2031F |
9.7 Cyprus Target drones Market Opportunity Assessment, By Mode Of Operation, 2021 & 2031F |
9.7 Cyprus Target drones Market Opportunity Assessment, By Payload Capacity, 2021 & 2031F |
10 Cyprus Target drones Market - Competitive Landscape |
10.1 Cyprus Target drones Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Target drones Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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