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Anti-Drone Market Overview:
The anti-drone market is likely to demonstrate significant revenue growth. The growing adoption of anti-drone technology in defense and commercial sectors would drive the market growth. Market Research Future (MRFR) foretells that the global anti-drone market will upsurge from USD 0.55 BN in 2022 to USD 2.62260 BN by 2030, registering a 25% CAGR throughout the anticipated period (2023-2030).
Anti-drone systems are crucial for the safety of a nation. In defense sectors, anti-drone technology is used to track enemy UAVs sent to gather sensitive information. Anti-drone technology is increasingly used to protect critical infrastructure, events, and sensitive areas from unauthorized drone activity. Its commercial applications include O&G explorations, oceanographic & environmental surveys, and data collection.
Increased demand and use of anti-drone systems equipped with radar, RF scanners, and electro-optical infrared technology to detect, deter, and destroy payload systems push the market growth. Also, substantial investment in technology development and line-of-sight applications to inspect or monitor power lines, wind turbines, solar panels, etc., defines the market landscape.
On the other hand, factors such as economic recession, design challenges, restricted defense budgets, and operational and technological difficulties are restricting market growth. Nevertheless, the growing demand for advanced autonomous anti-drone technology for border surveillance and inspection & monitoring of remote and discrete systems would support the market growth.
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Anti-Drone Market – Competitive Landscape
With the presence of many well-established players, the global market of anti-drones appears highly competitive. Key industry players strive to find new ways to utilize their expertise in exploring opportunities to enhance their productivity by driving innovation. Well-established players incorporate acquisition, collaboration, partnership, expansion, and technology launch.
Major Players
Leading anti-drone market players are Liteye Systems, Inc. (US), SRC, Inc. (US), Raytheon Technologies Corp. (US), Israel Aerospace Industries Ltd.(Israel), DroneShield Ltd. (Australia), Lockheed Martin Corp. (US), Thales Group (France), Rafael Advanced Defense Systems Ltd. (Israel), Leonardo S.p.A (Italy), and Blighter Surveillance Systems Ltd.(UK), among others.
Anti-Drone Market – Segmentation
The market report is segmented into platforms, interdictions, applications, end-users, and regions. The platform segment is sub-segmented into ground-based, handheld, and UAV-based. The interdiction segment is sub-segmented into jammers, lasers, and others. The application segment is sub-segmented into detection radar, EO/IR, and acoustic. The end-user segment is sub-segmented into defense, commercial, and others. By region, the anti-drone market is segmented into the Americas, Asia-Pacific, MEA, Europe, and the rest of the world.
Global Anti-Drone Market – Regional Analysis
North America dominates the anti-drone market, witnessing the huge demand from defense and commercial sectors. Besides, large developments in advanced technologies, particularly from the defense and aviation sectors, will boost the anti-drone market size in this region. Also, the growing utilization of drones for inspecting and monitoring remote and discrete systems escalates the region’s anti-drone market value.
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Industry/ Innovation/ Related News
Aug. 31, 2023 — Zen Technologies Limited (India), a military training and anti-drone solutions provider, announced receiving a Rs 72.29-crore order from the defense ministry. The drone solutions firm is one more step towards implementing the framework on simulators the Government released in Sep. 2021. Such continuing implementation will improve training outcomes, cost savings, and environmental sustainability.
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