The
anti-drone
market is expected to
grow from USD 499 million in 2018 to USD 2,276 million by 2024, at a CAGR of
28.8%. Major factors driving the growth of this market are rising incidences of
security breaches by unidentified drones and increasing terrorism and illicit
activities across the world.
Thales
Group (US), Blighter Surveillance Systems Ltd. (UK), Lockheed Martin Corp.
(US), Saab AB (Sweden), Raytheon Co. (US), Dedrone (US), Israel Aerospace
Industries Ltd. (Israel), Security and Counterintelligence Group (SCG) LCC (Switzerland),
DroneShield Ltd. (Australia), Liteye Systems, Inc. (US), Theiss UAV Solutions,
LLC (US), BSS Holland BV (Netherlands), Prime Consulting & Technologies
(Denmark) are among a few major players in the anti-drone market. Most of the
leading companies have followed the product launches and contracts as key strategies
to boost their revenues.
Top 2 Players in the Market:
Thales
Group (France) is a company that manufactures, markets, and sells electronic
equipment and systems for aeronautics, naval, and defense sectors. Thales has a
unique capability to design and deploy different types of equipment, systems,
and services to meet the most complex security requirements in civil, military,
and government sectors. Thales has the solution to detect, track, and identify
small drones at long distances, giving its customers, both military and
civilian, the information to take countermeasures at the decisive moment. To
grow in the anti-drone market, the company has selected a mix of organic and
inorganic growth strategies, such as partnerships and product launches. For
example, in September 2018, Thales Group, Department 13 International Ltd.
(US), and EPE (Australia) teamed up to integrate MESMER software into the
Thales Bushmaster vehicle.
Lockheed
Martin Corp. (US) works as a global security and aerospace company offering
advanced technology-based systems and related services. Lockheed Martin has
expanded its business offerings in recent years in various sectors. The company
also has strong R&D capabilities and financial performance, resulting in
the development of new and innovative products, as well as the expansion of its
existing product portfolio. Lockheed Martin enjoys a huge base of domestic and
international customers, generating major revenue from domestic customers such
as the US government and the commercial sector. Lockheed Martin engineers are
collaborating with customers and academia to research, develop, and implement
the technology that will detect and defeat drones. To grow in the anti-drone
market, the company has also selected contracts and product launches. For example,
in August 2018, the US Army awarded Dynetics (US), Lockheed Martin, and their
partners a contract worth USD 10 million to continue development on the next
phase of the high-energy laser tactical vehicle demonstrator (HEL TVD) program.
In September 2017, Lockheed Martin announced the release of its prototype laser
weapon that incorporates an advanced system of sensors, software, and
specialized optics to defeat UAV threats.
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