The growth of anti-drone systems market is growing in proportion to the growth in demand in several end-use verticals. Consequently, the overall market for anti-drone systems is expected to experience a notable surge in terms of market value. The global market for anti-drone systems is currently valued at US$ 2,478.6 million and is expected to grow to US$ 17,333.0 million by 2026. The market is expected to make significant leaps, growing at a rate of 24.3% throughout the forecast period from 2018 to 2026.
Market Synopsis
Detection and Laser Anti-Drone Systems Stood Out Among Other Neutralizing Systems
In 2017, drone detection systems ran in close quarters with anti-drone laser systems in terms of market value. Drone detection systems are extensively incorporated by military and defense units from several nations in order to safeguard national borders from unidentified drone surveillance and attacks. Drone detections are common in homeland security and commercial end-use verticals, in addition to military and Defense. However, military and defense end-use verticals heavily rely on anti-drone laser systems to target enemy or unidentified drones before their approach. Consequently, the two systems currently lead the overall segment in terms of market value.
Military & Defense is the most dominant end-use vertical in the global anti-drone systems market and will continue to be so.
Military and Defense are unarguably the biggest end-use verticals incorporating anti-drone systems. Every major army across the world, including the U.S., China, and Russia, among others, is fortifying its national security against illegal infiltration or attacks from drones. Approximately 85% of the market share in the global drone market is captured by military and defense applications. Consequently, a major chunk of the anti-drone market is claimed by military and defense end-use verticals, and it is projected to remain dominant throughout the forecast period from 2018 to 2026.
North America will continue to be the market leader in the coming years.
North America emerged as the leader in the overall anti-drone systems market in 2017. Overall progressive defense budget expenditure, supported by the presence of several anti-drone system providers, is expected to help the market in this region thrive. Because the technology is still in its early stages, more advanced anti-drone systems are expected to be integrated into the developed economies of the United States and Canada on a consistent basis. In terms of market value, Europe trails North America, while Asia-Pacific is expected to grow at the fastest rate in the overall market for surveillance drone systems.
Market Segmentation
Competitive Landscape
The research study covers some of the leading anti-drone system manufacturers, including The Boeing Company, Thales Group, Lockheed Martin Corp., Saab AB, Raytheon Co., Israel Aerospace Industries Ltd., BSS Holland BV, Prime Consulting & Technologies, Dedrone GmbH, Security and Counterintelligence Group, DroneShield Ltd., Theiss UAV Solutions, Airbus Group SE, and Advanced Radar Technologies. All the aforementioned leading defense manufacturers and contractors are locking horns with each other for government contracts. Besides, the race to develop new drones and the technology to counter them has been the key strategy of the leading participants in the market.
Key questions are answered in this report.
How is the gross demand for drones and their applications for several end-use verticals affecting the anti-drone systems market?
What are the most notable end-use verticals, and how is their expansion assisting the anti-drone systems market?
What are the different types of anti-drone systems, and what is their standing in terms of market value?
What role do a rising defense budget and continuously evolving technology, and their effect on the demand for anti-drone systems,
In what ways will developing regions like the Asia Pacific and Latin America become game changers in the coming years?
Frequently Asked Questions:
The market for Anti-drone Systems Market is expected to reach US$ 17,333.0 Mn by 2026.
The Anti-drone Systems Market is expected to see significant CAGR growth over the coming years, at XX%.
The report is forecasted from 2018-2026.
The base year of this report is 2017.
The Boeing Company, Thales Group, Lockheed Martin Corp., Saab AB, Raytheon Co., Israel Aerospace Industries Ltd., BSS Holland BV, Prime Consulting & Technologies, Dedrone GmbH, are some of the major players in the global market.
