Research Nester published a report titled “Anti-Drone Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of the anti-drone market in terms of market segmentation by technology, application, end user, type, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global anti-drone market is anticipated to record a significant CAGR throughout the forecast period, i.e., 2021-2030. Based on technology, the market is segmented into kinetic system, laser system and electronic system, out of which, the laser segment is anticipated to hold the largest market share over the forecast period, owing to its advantages, such as, high precision, flexibility, great speed, lower cost, and others. Additionally, laser systems are considered to have high accuracy rate which makes them an appropriate technology for anti-drone systems. On the other hand, the market is segmented by end-user into commercial, defence, and others. Out of these, the defence segment is anticipated to gain major share during the forecast period owing to the increasing application of counter drones or anti-drone systems in military sites to combat the unwanted threat by drones.
The global anti-drone market is estimated to grow on the back of increasing application of this system to counter the threats from unauthorized drones. Moreover, incidences of security violations associated with anti-drone systems is rising rapidly, owing to rise in the demand of drones for professional and leisure activities. In 2020, the total global sale of drones crossed USD 20 billion, which is estimated to significantly boost the demand for anti-drone systems. Furthermore, the advancing technology and increasing R&D activities, are anticipated to boost the market growth.
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Regionally, the global anti-drone market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, Middle East & Africa region. The market in the North America is anticipated to hold the leading share on the back of growing government investment and funding in defence sector. According to the World Bank, the defence expenditure of North America amounted to 3.253% of its total GDP in 2019. Moreover, the increasing adoption of drones for personal use amongst the masses in countries, such as, the United States, and Canada, is estimated to boost the demand for anti-drone systems in the market. Similarly, the market in Europe region is estimated to witness notable CAGR during the forecast period, owing to the growing defence sector in countries like UK, Russia, Germany, and Poland, among others backed by the constant threat to security.
Rising Incidences of Security Breach to Boost the Growth in the Anti-Drone Market
Increasing use of drones for various commercial as well as personal applications, has led to a rise in incidences of security violation from these drones. The growth in the sales of drones is likely to increase such threats to security, which, in turn, boost the demand for anti-drone systems. This is expected to boost the market growth over the forecast period.
However, the risk of damage to public property caused during the counter attacks is expected to operate as a key restrain to the growth of anti-drone market in the upcoming years.
This report also provides the existing competitive scenario of some of the key players of global anti-drone market which includes company profiling of THALES group (EPA: HO), Blighter Surveillance Systems Ltd, Lockheed Martin Corporation (NYSE: LMT), Saab AB (STO: SAAB-B), Dedrone Holdings, Inc., Israel Aerospace Industries Ltd., Droneshield Ltd (ASX: DRO), Liteye Systems Inc., Theiss UAV Solutions, LLC and MyDefence ApS. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global anti-drone market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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