by Market Overview:
Anti drone systems use radio frequency sensors, electro-optical cameras and radar to detect unmanned aerial vehicles. They help organizations secure perimeters, borders and critical infrastructure from unauthorized drones.
Market key trends:
The increase in illicit activities involving drones such as smuggling of goods, spying and threats to national security is a major factor driving growth of the anti drone market. Defence organizations and commercial entities are increasingly adopting countermeasure systems to counter rogue drone threats. Furthermore, advancement of technologies such as radio frequency detection, jamming systems, and installation of counter drone weapons on aircrafts is also expected to support market growth over the forecast period.
The global Anti Drone Market Size is estimated to be valued at US$ 1493.16 Mn in 2023 and is expected to exhibit a CAGR of 27% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
One of the key trends in the anti drone market is the increasing adoption of drone technology for both commercial and military applications. However, with the rise in drone usage, security threats from hostile drones have also increased. To counter such threats, there is a rising demand for detection, identification and mitigation systems against unauthorized and malicious drone activities. Various technologies such as drone detection radar systems, RF jammers and drone capturing nets are being developed and deployed to secure critical infrastructures from rogue drones.
SWOT Analysis
Strengths: Advanced technologies such as AI-powered detection systems and RF jammers provide robust drone security.
Weaknesses: High installation and maintenance costs of anti drone systems. Detection capabilities are limited based on drone types and environments.
Opportunities: GrowingDefense budgets and rising instances of drone misuse are driving widespread adoption of counter drone tech. Commercial sectors are also implementing anti drone solutions.
Threats: Regulatory restrictions on certain counter drone technologies. Rapid innovations in hostile drones pose new challenges to counter systems.
Key Takeaways
The Global Anti Drone Market Size is expected to witness high growth, exhibiting CAGR of 27% over the forecast period, due to increasing security threats from rogue drones across industries.
By 2023, the market size is projected to reach US$ 1493.16 Mn. North America currently dominates the market due to large defense budgets and early adoption of counter drone technologies across borders. Asia Pacific is expected to be the fastest growing market owing to rising drone usage and subsequent development of anti drone solutions in the region.
Key players operating in the anti drone market are Drone Defence, DeTect Inc., Zen Technologies Limited, DroneShield Ltd, METIS Aerospace Ltd, QinetiQ Group PLC, Thales Group, Lockheed Martin Corporation SRC Inc., Dedrone, SAAB AB, Raytheon Technologies Corporation, IAI Group, Citadel Defense, and Robin Radar Systems. The market is witnessing increasing mergers and acquisitions as players look to expand their counter drone product portfolios.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemicals and materials, defense and aerospace, consumer goods, etc.
