The anti-drone market will reach a valuation of $2.4 billion by
New York, U.S., Sept. 01, 2022 (GLOBE NEWSWIRE) — Overview of the anti-drone market
According to a comprehensive research report by Market Research Future (MRFR), “Anti-Drone Market Insights by Application, Ban, Platform, End User and Region – Forecast to 2027the market is poised to rack up a massive $2.4 billion valuation by 2027 and record a compound annual growth rate of 25% between 2020 and 2027.
Scope of the anti-drone market
The dramatic increase in the number of unmanned aerial vehicles for recreational and commercial use around the world has led to a drastic increase in breaches of public safety as well as government infrastructure. Identifying and discovering such drones is an important aspect of maintaining security, which in turn accelerates the rate of expansion of the anti-drone market.
Drones with built-in cameras present a great opportunity for professionals who want aerial photography. But the growing acceptance of these advanced unmanned aerial vehicles has heightened security concerns among governments. This is expected to result in massive growth in the global market.
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|Market size 2030||$2.4 billion|
|Forecast units||Value (USD billion)|
|Report cover||Revenue forecasts, competitive landscape, growth factors and trends|
|Segments Covered||Application, Ban, Platform, End User|
|Geographical areas covered||North America, Europe, Asia-Pacific, Middle East and Africa and Latin America|
|Key Market Drivers||
Market Competitive Landscape:
Prominent vendors in the anti drone market include
- Liteye Systems, Inc. (USA)
- Blighter Surveillance Systems Ltd. (UK)
- Israel Aerospace Industries Ltd. (Israel)
- Lockheed Martin Corp. (United States)
- SRC, Inc. (USA)
- Thales Group (France)
- Leonardo SpA (Italy)
- DroneShield Ltd. (Australia)
- Rafael Advanced Defense Systems Ltd. (Israel)
- Raytheon Technologies Corp. (United States)
The anti-drone market has seen many changes, with many new players entering and raising the competition. There is also a huge increase in the number of local companies in the market, which offer a variety of drone combat solutions. Many developers are focused on developing advanced counter-drone solutions for the military sector, trying to secure long-term contracts and expand their share of the global market.
With rising spending on new products and soaring demand from the defense industry, the anti-drone market is set to make massive profits in the long run. This can be a lucrative opportunity for gamers in the near future.
Covered USP market:
The accelerated use of unauthorized drones/flying test devices in windows and backyards has increased the level of security threat everywhere. These systems are equipped with numerous sensors that record audio and video anytime, anywhere. To deal with this, manufacturers offer technologies for combating drones in aviation.
Major global government officials like the Federal Aviation Administration (FAA) in the United States are supporting the development and commercialization of innovative drone mapping and acquisition technologies. These offer precise detection and tracking as well as direction finding and anti-tracking capabilities.
However, since the outbreak of COVID-19, the anti-drone market size seems to have shrunk considerably, considering the restrictions on customer services. But, due to the pandemic, the market has seen purchases of advanced anti-drone systems in regions such as the Middle East and Africa, and Europe. With the increasing demand for drones in the post-COVID-19 era, governments are trying to build their defensive capabilities to deal with various political conflicts like India-China stance, etc.
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Commercial drones have many security and privacy issues and therefore have to deal with regulations and rules. There is a need for qualified pilots to prevent drone accidents. Around the world, major incidents involving small drones reveal the huge safety gap regarding public safety. Even a small clash between UAVs and anti-drones can lead to significant damage not only to property, but also to people’s lives.
An anti-drone can easily detect UAVs, however, there is no certainty where UAVs might crash, creating public safety concerns. This has led to the emergence of strict anti-drone laws and regulations by various governments around the world.
COVID 19 analysis
The COVID-19 outbreak and subsequent lockdown have had a drastic effect on the airline industry, with manufacturing facilities temporarily shut down and passenger traffic reduced. Airlines are facing lost revenue as a result of the SARS-CoV-2 pandemic due to travel bans and the overall economic downturn around the world.
However, with the lifting of the lockdown and the focus on limiting the spread of the new coronavirus, players are now able to continue their activities and also focus on strengthening their supply chains. This may mean a faster recovery for the anti-drone industry in the coming period.
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Detection (Radar, EO/IR, Acoustics, Others) and Interdiction (Jammers, Lasers, and others) are the main applications of anti-drones.
Hand Held, UAV Based and Ground-Based are the platform-based segments studied in the report.
By end users
Airports, commercial, critical infrastructure, public places, stadiums and arenas, energy and utilities, data centers and enterprises, military and defense, and others are the main users global industry endpoints.
The military and defense segment has captured the top spot in the market and is expected to continue to dominate in the coming years. Anti-drones are increasingly used in the military and defense space due to the drastic increase in terrorist and illegal activities in the world, such as illegal border crossings and smuggling.
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North America is currently the market leader and can expect to maintain its leadership throughout the conjectured period. the region’s defense and aviation sectors, particularly in the United States, are rapidly adopting drone technologies. Additionally, the Federal Aviation Administration (FAA) is evaluating various UAS technologies at many airports; which means higher demand for anti-drones in the future.
The growth trajectory of the Asia-Pacific market has been relentless and will remain stable owing to the increase in government funding for the development of aviation and defense infrastructure in China and India. Many companies and institutions in the region such as Beijing Institute of Technology, Nova Sky and China National Nuclear Corporation are forming alliances and partnerships to enhance their R&D capabilities. This is expected to be a favorable aspect for the regional market in the coming years.
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