DUBLIN--(BUSINESS WIRE)--The "Anti-Drone Systems Market Size, Share & Analysis, By Mode of Operation, By Platform Types, By End-Use, By Region, Forecast To 2028" report has been added to ResearchAndMarkets.com's offering.
The global anti-drone systems market size is expected to reach USD 4,604.4 Million in 2028, and register a CAGR of 28.5% during the forecast period.
Increasing production and sales of Unmanned Aerial Vehicles (UAVs) for recreational as well as commercial applications in various countries is leading to flying drones in restricted areas such as military locations, government offices, etc. Anti-drone systems enable detection and identification of such security breaches. These are major factors expected to drive growth of the global anti-drone systems market.
Increasing support of various federal authorities such as USFAA (United States Federal Aviation Administration) for R&D of enhanced drone detection technologies with features including Direction Finding (DF), accurate mapping, anti-jamming capabilities, and increasing focus of major players on expansion of production capacities to meet the ongoing demand for anti-drone systems are other major factors boosting market growth.
Increasing incidence of terrorist attacks, invasion of privacy, and rising cross-border tensions have compelled defense and home-land security authorities of various countries to track such unauthorized flying objects using anti-drone systems, thereby driving market growth.
Some Key Findings From the Report:
- The ground-based platform type segment is expected to account for the largest revenue share in 2020, as these systems are cost-effective and easy to operate.
- Among the end-use segments, the military and defense segment is expected to contribute largest revenue share contribution over the forecast period, due to increasing focus on strengthening of counter-drone measures to address terrorist issues.
- The North America market is accounted for the largest revenue share in 2020, due to presence of major players such as Dedrone, Lockheed Martin Corp., etc. operating in the region.
Reasons to Buy the Report
- A robust analysis and estimation of the Anti-Drone Systems Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of all the major players in the Anti-Drone Systems Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Market Dynamics
Drivers
- Increasing Terrorist activities globally
- Increasing instances of security breaches
- High growth in Drone market
Restraints
- High cost of equipment
- Lack of R&D
Opportunities
- High Demand in defense end-use
- Reduction of risk of collateral damage
Companies Mentioned
- Saab AB (Sweden)
- Raytheon Co. (U.S.)
- Blighter Surveillance Systems (U.K.)
- Dedrone (U.S.)
- Israel Aerospace Industries (Israel)
- Droneshield Ltd. (U.K.)
- Thales Group (France)
- Lockheed Martin Corp. (U.S.)
- Northrop Grumman Corp. (U.S.)
- SRC Inc. (U.S.).
For more information about this report visit https://www.researchandmarkets.com/r/v6i1mh
