According
to the new market research report on "Anti-Drone Market
by Technology (Laser, Kinetic, and Electronics), Application (Detection,
Detection & Disruption), Vertical (Military & Defense, Homeland
Security, and Commercial), and Geography - Global Forecast to 2024",
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.
The detection and disruption application
to hold a larger share of the anti-drone market during the forecast period
The
detection and disruption application is likely to continue to account for a
larger share of the anti-drone market during the forecast period. The growth is
attributed to increased number of terrorist groups, which are demonstrating the
ability to operate a wide range of drones, including armed systems.
Furthermore, detection and disruption systems have major applications in the
military & defense and homeland security verticals wherein the entry of any
unauthorized drone in the prohibited area of a country is detected, and then,
the drone is disrupted on the spot.
Anti-drone market for the commercial
vertical to grow at the highest CAGR during the forecast period
The
anti-drone market for the commercial vertical is expected to grow at the
highest CAGR during the forecast period. Key factors responsible for this
growth include increased awareness and rapid development of inexpensive drones
in the market. Drones are evolving beyond their military origin to become
powerful business tools. They have already made the leap to the consumer
market, and now they are being put to work in commercial applications such as
firefighting, mining, surveying, and farming, among others.
The Americas to hold the largest share
of the anti-drone market during the forecast period
The
Americas is likely to account for a major share of the global anti-drone market
during the forecast period. Factors contributing to the growth of this market
include increasing incidences of security breaches by unidentified drones and
rising number of terrorist attacks in American countries, especially in the US.
The dramatic growth in drone accidents and incidences has raised fundamental
questions about national security, public safety, privacy regulations. This
compelled the government to deploy anti-drone systems to ensure safety and security
from illicit drones. The growth can also be attributed to the presence of
several key players in this region, such as Airbus Defence and Space (US),
Battelle Memorial Institute (US), Department 13 International Ltd. (US),
DeTect, Inc. (US), and Lockheed Martin Corp. (US).
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), and Prime Consulting
& Technologies (Denmark) are a few major players in the anti-drone market.
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