Market Research Report
Drone Airspace Security Systems Market with COVID-19 Impact Analysis, By Product Type, By Services, By End User, and By Region - Size, Share,& Forecast from 2021-2027
|Drone Airspace Security Systems Market with COVID-19 Impact Analysis, By Product Type, By Services, By End User, and By Region - Size, Share,& Forecast from 2021-2027|
Published: October 1, 2021
AnalystView Market Insights
Content info: 320 Pages
Delivery time: 2-3 business days
The global Drone Airspace Security Systems Market was valued at USD 0.56 billion by 2019, growing with 20.5% CAGR during the forecast period, 2021-2027.
Drone Airspace Security Systems are utilized in a variety of businesses, including government and defense, as well as event planning and management. To identify the presence of rogue drones in the airspace, drone airspace security technologies are employed. In addition, airports are using unmanned traffic control technologies to safeguard planes from colliding with drones in the airspace. Unmanned traffic management systems, or UTMs, are used by airports to control drone activities, as well as anti-collision systems to detect and avert drone collisions in the airspace.
Drones are becoming more widely available and more appealing to purchase on the business market. They are less costly, can fly for longer periods, and can carry larger cargoes. In addition, the drone industry is evolving, new companies from throughout the world are entering to disrupt the market. Drone detection technology will have to adapt to this shift in the drone landscape over the next few years to capture the real nature of all drone activity, regardless of brand or model. Drones are becoming more popular as part of security teams at more companies as they can assist with surveillance, site inspections, or inventory management Nonetheless, security personnel must know how to distinguish between drones that are part of their program verify compliance with local, state, and federal regulations, and then reveal an illegal or hostile drone in their region. With the growing sophistication of drone pilots and the expansion of the drone industry, security teams must be able to recognize numerous drone brands, not just from GPS signals, and they must be open to a multi-layered security solution to assure security.
Leading players in the market are adopting several strategies such as expansion, new product launching, mergers, and acquisitions to remain competitive in the market. For instance, in December 2020 Dedrone, Vodafone, and Amazon Web Services have teamed together to provide critical infrastructure with airspace security. Vodafone is the first firm in Europe to make it possible for businesses to build prototype apps utilizing distributed MEC and Amazon Web Services (AWS). This is made feasible by AWS Wavelength being embedded at the edge of its 4G and 5G networks, bringing customers and critical applications closer together. While Raytheon is manufacturer missiles and defense systems developed The PhaserTM high-power microwave technology employs focused energy to bring down drones at the speed of light, whether they are single or swarms. Operators concentrate a wide, arcing energy beam on drones, which emits a brief, high-power burst of electromagnetic radiation that destroys their electronics while simultaneously lowering them from the sky.
North America now maintains the leading position in the worldwide safety and security drones market, and it is anticipated to develop significantly between 2019 and 2027. This is due to the growing use of unmanned aerial vehicles (UAVs) and drones for commercial and military purposes in North America. For example, US public safety organizations are acquiring drones from a Chinese manufacturer. Drones from China-based manufacturer DJI Technologies were ordered by US public safety agencies in July 2019. This provides a significant possibility for regional safety and security drones. The European Commission adopted the U-space package in June 2021, which consists of three regulations that together establish the conditions for both drones and manned aircraft to operate safely in the U-space part of our airspace. These laws provide additional services for drone operators, allowing them to conduct more sophisticated and long-range activities, especially in crowded, low-level airspace (below 120m) and when out of sight. The U-space creates and harmonizes the conditions required for manned and unmanned aircraft to operate safely, preventing drone-to-aircraft collisions and mitigating the risks associated with drone traffic on the ground. Over the next several years, the smart cities sub-segment of the global safety and security drones market is projected to dominate.
The scope of this report covers the market by its major segments, which include as follows: