Technology Spending on Revenue Anti-Drone Market – APAC Grows Stronger in Demand for market

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Market Definition:

The ****** anti-drone market was estimated as USD 334.8 Million in 2016 and is expected to reach USD 2,212.4 Million by 2025, growing significantly with a CAGR of over 23% during the forecast period. Increased security breach incidences by unidentified drones and rising terrorism activities are the major factors driving growth of this market

Anti-Drone or Anti-Unmanned Aerial Vehicle (UAV) is a system, which provides the extreme protection to areas with services of various sizes, forms and functions. It provides security to private houses, commercial venues, government buildings, industrial installations, airports, prisons, border security, critical infrastructure, military facilities, etc. Anti-Drone is a customizable integrated system and is integrated with different kinds of equipment and solutions depending on the application.

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Market Analysis with Latest Growth Factors:

The different combinations of UAV detection equipment include drone detection radars, acoustic sensors, RF spectrum analyzers and video surveillance systems. Further, the drone neutralization equipment includes mobile jammers, counter-drone lasers, interception systems and drone capture nets. Additionally, security solutions are involved for higher level of protection of the area includes concealed threat detection systems, security-related software, long range acoustic devices, video acquisition and distribution systems, mobile security vans, IT infrastructure, etc. Special integration software in anti-drone technology are used to provide smooth operation of different Anti-UAV solutions within one integrated system while data processing and visualization software helps to access the level of threat and take adequate actions in response.

Major Key Players:

Prominent players involved in the development includes Thales Group, Blighter Surveillance Systems Ltd., Lockheed Martin Corp., Dedrone Inc., Raytheon Co., Israel Aerospace Industries Ltd., SCG LLC, Droneshield Ltd., Theiss UAV Solutions, BSS Holland BV, Advanced Radar Technologies SA, Department 13 International Ltd., and Northrop Grumman Corp., among all the other players. In March 2018, Lockheed Martin Corporation launched VCSi, a software solution allowing multiple users to simultaneously control dozen of drones during surveillance and investigation Other players are similarly involved in research & development, acquisitions, expansions and collaboration for their strategic growth.

Market Segmentation:

The ****** anti-drone market is bifurcated based on technology, application, vertical and region. Based on the technology, the market is segmented as laser system, kinetic system and electronics system. Among these technologies, the market for the electronics system technology is expected to grow at the highest rate during the forecast period 2017 – 2025. Huge investment by key players in electronics system-based anti-drones across the globe as well as low cost of components, are the major factors responsible for the growth of this market.

Based on the application, the anti-drone market is segmented as, security & detection and detection and disruption. The detection and disruption application is usually adopted in the market and is anticipated to grow at the fastest pace during the forecast period. Detection and disruption systems have foremost applications in the military, defense and homeland security sectors. The system detects the unauthorized drones entering into the prohibited area of any country or region and interrupts them on the spot.

Further segmentation of anti-drone market is based on the vertical include military & defense homeland security, commercial whereas, the commercial vertical is sub segmented into public venues, critical infrastructures and households. The military, defense and homeland security vertical dominated the market with the largest share in 2016. The market for the commercial vertical is expected to witness enormous growth during the forecast period, 2017 – 2025. Development of inexpensive drones in the market, increasing threat of intruders and public safety concerns are the major factors fueling the growth of the segment.

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Region Analysis:

North America region is anticipated to account for the major market share among all the regions over the forecast period. Rising adoption of drones in the aerospace and defense sector across U.S is expected to propel the regional market. The Boeing Company, the U.S. based aircraft major, and Thales Group, a French multinational company, as a part of a project by the French government, have recently demonstrated the progress made in developing the anti-drone technologies.

Furthermore, as governments across the globe endure their regulatory approach to counter-UAV technologies, several companies are entering into the market and advancing their platforms. In December 2017, Hensoldt, a German company demonstrated their Xpeller counter-UAV system at the Airbus airfield in Hamburg.

Asia Pacific region is predicted to witness considerable growth over the next few years, owing to increased investment by government in development of aerospace and defense infrastructure in countries such as China, India, and Japan. These developing economies are likely to provide several opportunities for security and surveillance, thereby driving the market growth.

Major Points from Table of content:

  • Executive Summary
  • Research Methodology
  • Market Dynamics
  • Industry Overview
  • ****** Anti-Drone Market, By Product (2017-2025)
  • ****** Anti-Drone Market, By Regions (2017-2025)
  • Market Competition Analysis

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