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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