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. Anti-drones are used for detection and disruption applications,
especially in the military & defense sector wherein unauthorized drones
that enter the prohibited area of any country need to be detected, as well as
destroyed on the spot. The growth is also attributed to increased number of
terrorist groups, which are demonstrating the ability to operate a wide range
of drones, including armed systems.
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. However, these drones create public safety concerns.
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 rising incidences of security breaches by
unidentified drones and increasing terrorist attacks in countries in the
Americas, especially in the US. 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).
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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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