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Anti-Drone Market Growth, Segmentation, Manufacturing, Trend Analysis and Forecasts 2023

The anti-drone market is expected to grow from USD 0.34 billion in 2016 to USD 1.57 billion by 2023, at a CAGR of 25.9% between 2017 and 2023. The anti-drone market is mainly driven by factors such as increased security breach incidences by unidentified drones and increased terrorism and illicit activities.”

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Anti-Drone Market Growth, Segmentation, Manufacturing, Trend Analysis and Forecasts 2023

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  1. Anti-Drone Market Growth, Trend Analysis, Segmentation, Manufacturing, and Forecasts 2023 “The anti-drone market is expected to grow from USD 0.34 billion in 2016 to USD 1.57 billion by 2023, at a CAGR of 25.9% between 2017 and 2023. The anti-drone market is mainly driven by factors such as increased security breach incidences by unidentified drones and increased terrorism and illicit activities.” The Anti-Drone Market is expected to grow from USD 0.34 billion in 2016 to USD 1.57 billion by 2023, at a CAGR of 25.9% between 2017 and 2023. The anti-drone market is mainly driven by factors such as increased security breach incidences by unidentified drones and increased terrorism and illicit activities. The anti-drone market is segmented on the basis of technology into electronics system, laser system, and kinetic system. Among these technologies, the market for the electronics system technology is expected to grow at the highest CAGR between 2017 and 2023. The major factor responsible for this growth is huge investment by key players in electronics system-based anti-drones across the globe. Along with this, low cost of development and easily comprehensible technology propel the growth of the electronics system- based anti-drone market. The anti-drone market is segmented on the basis of application into detection, and detection and disruption. The detection and disruption application is widely adopted in the market and will grow at the fastest rate during the forecast period. Detection and disruption systems have major applications in the military and defense and homeland security sectors, wherein the unauthorized drones entering into the prohibited area of any country are detected as well as disrupted on the spot. The anti-drone market is segmented on the basis of vertical into military and defense, commercial, and homeland security. The commercial vertical is subsegmented into public venues, critical infrastructure, and households. The military and defense vertical accounted for the largest share of the overall anti-drone market in 2016. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=177013645

  2. The market for the commercial vertical is expected to grow at the highest CAGR during the forecast period. Key factors responsible for this growth include the increasing awareness and rapid development of inexpensive drones in the market, creating more public safety concerns. The market for the homeland security vertical is expected to grow at the second-highest CAGR during the forecast period. Military and defense vertical held largest share of anti-drone market in 2016 The military and defense vertical captured the largest share of the overall anti-drone market in 2016. The use of drones for border trespassing, smuggling, and spying has increased. As a result, the demand for an efficient anti-drone system is expected to rise in the coming years in the military and defense sector. The commercial vertical accounted for the second-largest share of the overall anti-drone market in 2016. Detection and Disruption expected to be the fastest-growing application in anti-drone market The anti-drone market for the detection and disruption application is expected to grow at the highest CAGR during the forecast period. This is mainly due to the major applications of detection and disruption systems in the military and defense and homeland security sectors, wherein the unauthorized drones entering into the prohibited area of any country are detected as well as disrupted on the spot. Request Sample Copy of this Market Research @ https://www.marketsandmarkets.com/requestCustomization.asp?id=177013645 Americas is the major consumer of anti-drones The Americas accounted for the largest share of the overall anti-drone market in 2016. Factors contributing to the growth of this market include increasing number of security breach incidents by unidentified drones and increasing terrorist attacks in the American countries, especially the US. This compelled the government to deploy anti-drone systems to ensure safety and security from drones in this region. The report also profiles the most promising players in the market. The competitive landscape of the market is highly dynamic because of the presence of a significant number of big and small players. The key players in the market are Thales Group (France), Blighter Surveillance Systems Ltd. (UK), Lockheed Martin Corp. (US), Saab AB (Sweden), Dedrone Inc. (US), Raytheon Co. (US), Israel Aerospace Industries Ltd. (Israel), SCG LLC (Switzerland), Droneshield Ltd. (Australia), Theiss UAV Solutions, LLC (US), BSS Holland BV (Netherlands), Prime Consulting & Technologies (Denmark), Advanced Radar Technologies SA (Spain), Department 13 International Ltd. (US), and Northrop Grumman Corp. (US).

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