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Anti-drone is a technologically advanced system that is used to inspect the unauthorized drone. Anti-Drone system is used to destroy the unauthorized aerial drone and provide aerial security to several domestic airports as well as an international airport. The growth in the Anti-drone technology sector is directly correlated with security concerns. The U.S. Department of Defence (D.O.D) significantly increased the investment in Anti-Drone technology only after the increasing terrorist activity by the ISIS in Syria and Iraq.
Key Market Driver -
Rising Incidences of Security Breaches by Unidentified Drones
Key Market Restraint -
Public Safety Concerns
The factors expected to drive the market is rising Incidences of security breaches by unidentified drone. Moreover, increasing terrorism and illicit activities across the world anticipated to boost the market. Need to develop versatile and scalable anti-drone systems, high demand for anti-drone for defense applications are the upcoming opportunities for the market. However, high research & development(R&D) expenses to build anti-drone is affecting the market growth.
By system, the market is segmented into the neutralizing system and detection system. Based on Technology, the market is segmented into an electronic system, laser system, and kinetic system. Based on application, the market is categorized into detection, and detection & disruption. Based on End-User, the market is segmented into government, military & defense, commercial, critical infrastructure, households, public venues, and Others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, and Rest of the world.
The major companies in the global anti-drone market report includes Blighter Surveillance Systems Ltd. (The U.K), Dedrone Holdings, Inc. (The U.S.), Droneshield Ltd.(Australia), Israel Aerospace Industries Ltd.(Israel), Liteye Systems, Inc. (The U.S.), Lockheed Martin Corporation (The U.S.), Raytheon Company (The U.S.), Saab Ab (Sweden), Thales Group (France), and among others.
The Anti-Drone market has been segmented into North America, Europe, Asia Pacific, and Rest of the world. North America estimated to be the largest market during the forecast period. The growth in the region is owing to the increasing government investment to develop an anti-drone. Furthermore, the presence of key companies such as Lockheed Martin Corporation (The U.S.), Raytheon Company (The U.S.), and Liteye Systems, Inc. (The U.S.) in the U.S. projected to boost the market.
Asia-Pacific anticipated to be the fastest-growing region during the forecast period. This growth is attributed to the increasing incidence of security contravention by unauthorized drones. Additionally, growing terrorist activities in the South-Asian country such as China and India, is helping to grow the market.
Europe registers a significant growth during the forecast period owing to the increasing investments from private-firm to develop technologically advanced anti-drone. In the U.K., increasing the use of commercial drones anticipated to boost the market. In the Rest of the world, the increasing adoption of military UAV for battlefield operations in the Middle East & Africa propelling the market.
Anti-Drone Market Industry Developments
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