PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1372483
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1372483
The global anti-drone market was valued at USD 1.2 billion in 2022 and is projected to reach USD 5.2 billion by 2028; it is expected to register a CAGR of 26.6% during the forecast period. Increasing government spending on counter-drone technologies is driving the growth of the anti-drone market. Whereas the requirement for high initial research and development investments is restraining the growth of the anti-drone market.
Scope of the Report | |
---|---|
Years Considered for the Study | 2019-2028 |
Base Year | 2022 |
Forecast Period | 2022-2028 |
Units Considered | Value (USD Billion) |
Segments | By Technology, Application, Vertical, Platform Type and Region |
Regions covered | North America, Europe, Asia Pacific, and RoW |
The detection and disruption segment is expected to grow at a higher CAGR during the forecast period
The detection and disruption segment is expected to exhibit a higher CAGR of 27.9% throughout the forecast period. Drones have been used to carry out a number of terrorist attacks and other criminal activities in recent years. This has led to increased awareness of the potential dangers of drones and a greater demand for anti-drone systems. The US military bases are facing more frequent interruptions and threats from unwanted drones. A 56-day drone-detection pilot test at a base in the Eastern US revealed 95 instances of previously undetectable UAS activity in the installation's immediate vicinity.
After an initial deployment at a single site, military leaders recognized the value of the data and insight on airspace activity and unwanted drones that the Dedrone solution provides. From there, the deployment was expanded to cover more bases and to add localization technology, which helps security personnel understand the specific threats from drones detected in their airspace.
UAV-based segment to register growth at the highest CAGR during the forecast period
The UAV-based segment is expected to grow at a highest CAGR of 38.5% during the forecast period. UAV-based anti-drone systems can be used to counter swarms of drones more effectively than other types of anti-drone systems. This is because UAVs can be deployed quickly and easily to locations where drone swarms are detected. Also, they are generally more cost-effective and portable than other types of anti-drone systems, such as ground-based or handheld systems. This makes them a more attractive option for a wider range of users. Overall, the UAV-based platform-type segment of the anti-drone market is expected to continue to grow in the coming years, driven by the increasing use of drones and the rising security threats they pose.
The Asia Pacific segment is likely to grow at the highest CAGR during the forecast period
The market in Asia Pacific is expected to witness the highest CAGR of 29.2% during the forecast period. The factors contributing to this growth include the development of a broad range of counter-drone technologies in Asia Pacific to prevent drone-related crimes and several ongoing research and development by the market players in this region. The Asia-Pacific region is home to many technologically advanced countries, including China, Japan, South Korea, and Singapore. These countries have been at the forefront of developing and adopting cutting-edge anti-drone solutions, driving innovation and growth in the market. This region has become a global focal point for large investments and business expansion opportunities.
The homeland security segment is likely to grow at the highest CAGR during the forecast period
The anti-drone market for the homeland security segment is expected to grow at the highest CAGR of 35.9% during the forecast period. Key factors responsible for this growth include the increasing awareness and rapid development of inexpensive drones in the market. Homeland security comprises local police bodies using anti-drone systems to protect government offices, prisons, airports, railway stations, and courts. Electronic systems such as radars, RF detectors, EO/IR cameras, RF jammers, and GNSS jammers are expected to drive the anti-drone market for homeland security.
Breakdown of primaries
The anti-drone market is dominated by a few globally established players such as RTX (US), Lockheed Martin Corporation (US), Leonardo S.p.A. (Italy), Thales (France), and IAI (Israel). The study includes an in-depth competitive analysis of these key players in the anti-drone market, with their company profiles, recent developments, and key market strategies.
The report segments the anti-drone market and forecasts its size by technology, application, platform type, vertical, and region. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed view of the market across four main regions-Americas, Europe, Asia Pacific, and RoW. Supply chain analysis has been included in the report, along with the key players and their competitive analysis in the anti-drone ecosystem.