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Power Tools Market Size, Share & Industry Growth Analysis Report by Product (Drilling and Fastening Tools, Demolition Tools, Sawing and Cutting Tools, Material Removal Tools, Routing Tools), Mode of Operation (Electric, Pneumatic), Application and Region u2013 Global Growth Driver and Industry Forecast to 2027<br>
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Anti-Drone Companies - RTX (US) and Lockheed Martin Corporation (US) are the Key Players The global anti-drone market was valued at USD 1.2 billion in 2022 and is projected to reach USD 5.2 billion by 2028; it is expected to register a CAGR of 26.6% during the forecast period. Increasing government spending on counter-drone technologies and rising incidence of critical infrastructure security breaches by unauthorized drones are attributed to the ever-increasing demand for anti-drone systems. Major Anti-Drone companies include: RTX (US), Lockheed Martin Corporation (US), Leonardo S.p.A. (Italy), Thales (France), IAI (Israel), Rafael Advanced Defense Systems Ltd. (Israel), Blighter Surveillance Systems Limited (UK), DroneShield Ltd (Australia), Dedrone (US), Accipiter Radar (Canada), Boeing (US), Moog Inc. (US), HENSOLDT (Germany), ApolloShield (US), Saab (Sweden), Northrop Grumman (US), MBDA (Germany), ASELSAN A.S. (Turkey), DeTect, Inc. (US), Battelle Memorial Institute (US), ART (Spain), Drone Defence (UK), Drone Major (England), SkySafe (US), BlueHalo (US), Fortem Technologies (US), D-Fend Solutions AD Ltd. (Israel), and CERBAIR (France) are some of the key players in the anti-drone market. RTX The Raytheon Missiles & Defense segment functions as a primary contractor or key subcontractor for multiple projects within the US Department of Defense, encompassing branches, such as the US Navy, US Army, Missile Defense Agency, US Air Force, and various international governments. Raytheon Australia, Speed Queen (US), Blue Canyon Technologies (US), Pratt & Whitney (US), and Microtecnica (Brazil) are its subsidiaries. It has a presence in over 30 countries, including the US, the UK, Australia, Saudi Arabia, and the UAE. Lockheed Martin Corporation Lockheed Martin Corporation operates as a global security and aerospace company engaged in researching, designing, developing, manufacturing, and integrating technologies, systems, products, and services. The company operates through the following business segments:
Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS), and Space. This segment is dedicated to activities, such as air and missile defense systems, tactical missiles, air-to-ground precision strike weapons, logistics, fire control systems, mission operations support, engineering support, integration services, manned and unmanned ground vehicles, and energy management solutions. Leonardo S.p.A. Leonardo S.p.A. operates in the aerospace, defense, and security sectors. The company operates through six reportable segments: Helicopters, Defence Electronics and Security, Aircraft, Aerostructures, Space and Other Activities. The Helicopters segment designs commercial and military rotorcrafts. The Helicopters segment manufactures complete tactical airlifters, combat aircraft, and unmanned air vehicles for civil and military applications. Under this segment, it specializes in designing rotorcrafts for commercial and military purposes. The Defence, Electronics & Security segment is engaged in information management, sensors, and systems integration businesses and delivers systems for critical missions, military sustainment requirements, and homeland security. It also provides combat support systems and services; unmanned, automation and electronic systems; missile systems; sensors, radars, and communications for airborne, land, naval, and underwater applications; artillery, power, and propulsion systems; weapon systems; torpedoes; and armored vehicles. Leonardo DRS, a wholly owned subsidiary of Leonardo S.p.A., offers counter UAS systems and solutions through the Defence, Electronics & Security segment. This segment is involved in activities, such as information management, sensor technology, and system integration. It also delivers systems crucial for critical missions, military sustainability, and homeland security. It produces missile systems, torpedoes, naval artilleries, and armored vehicles. Thales Thales is a holding company that manufactures and sells electronic equipment and systems for the aeronautics, naval, and defense sectors. The company was formed in 1968 and is headquartered in Paris, France. Compagnie Francaise Thomson-Houston (CFTH) was founded in 1893, and in 1919, its name was changed to Compagnie General de Telegraphie Sansfil (CSF). Furthermore, the merger between CSF and Thomson-Brandt led to the formation of Thomson-CSF in 1968, and in 2000, the company changed its name to Thales. Thales is a global technology leader in the aerospace, transport, aerospace & defense, digital identity, and security markets. The company produces, promotes, and distributes electronic equipment and systems within the aeronautics, naval, and defense sectors. It operates through the following segments: Defense and Security, Digital Identity and Security, Aerospace, and Others.