The global counter drone market is predicted to witness a CAGR of 25% during forecast period of 2023-2028, according to a report published by HTF Market Intelligence. The market is segmented by application: Detection (Radar, Sensors, Others); Detection & Disruption; Technology (Laser, Kinetic, Electronics); Verticals (Military & Defense, Homeland Security, Commercial); and by Geography. The Anti-Drone market size is estimated to increase by USD 1.6 Billion at a CAGR of 25% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 2.6 Billion.
According to coverage by Open PR, the study covers new evolving trends, drivers, restraints, opportunities generated by targeting market associated stakeholders. The growth of the Anti-Drone market was mainly driven by the increasing R&D spending across the world, however latest scenario and economic slowdown have changed complete market dynamics. Some of the key players profiled in the study are Thales Group (United States), Blighter Surveillance Systems Ltd. (United Kingdom), Lockheed Martin Corp. (United States), Saab AB (Sweden), Raytheon Co. (United States), Dedrone (United States), Israel Aerospace Industries Ltd. (Israel), Security and Counterintelligence Group LCC (Switzerland), Drone Shield Ltd. (Australia), Liteye Systems, Inc. (United States).
Market Trends:
Increasing use of drones for commercial and recreational purposes
Market Drivers:
Need for protection of critical infrastructure and sensitive facilities
Market Opportunities:
Development of lightweight, portable, and cost-effective anti-drone solutions
The Study Explore the Product Types of Anti-Drone Market: Laser, Kinetic, Electronics.
Also included in the study are profiles of 15 Anti-Drone vendors, pricing charts, financial outlook, swot analysis, products specification &comparisons matrix with recommended steps for evaluating and determining latest product/service offering.
(Image: Blighter)
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