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Counter Uav Market Detailed Analysis With Future Trends and Key Players by 2023 - Airbus, Blighter Surveillance Systems Ltd, Leonardo, SRC and Thales

02-07-2019 02:39 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Intelligence

Counter Uav Market Detailed Analysis With Future Trends and Key

The counter unmanned aerial vehicle (UAV) market is growing robustly due to the increasing misuse of drones across the globe. It deals with new emerging fears of UAVs like, terrorism, drug trafficking and corporate surveillance. On the basis of technology used to detect and disrupt UAV, the counter UAV market is classified as electronic, laser and kinetic. They find applications in several industries including, defense and commercial, military and defense generates largest revenue because of use of UAV’s in smuggling, spying and border trespassing.

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Counter UAV market is categorized on the basis of application, into detection, and detection and disruption. Among them, the demand for detection and disruption application is growing. This is due to its growing applications in military and defense security sectors because they detect and destroy UAV entering in restricted areas. On geographical standpoint, the Americas accounts for the largest revenue due to the increasing terrorist activities and increasing number of incidents of security breach in the region.

The counter UAV market is driven by the advancements in the capabilities of UAVs. Companies providing counter UAV defense systems to militaries are heavily investing in it by developing newer ways to counter the threat from UAVs to ensure safety and security from terrorists. The rising use of UAV in military troops will accelerate the growth of this industry. The counter UAV industry is growing in terms of technologies.

Defense end-users of the counter UAV market are shifting their focus from quantity to quality, in addition to cost efficiency. However, this has posed a challenge to the vendors as they find it challenging to maintain a balance between cost and quality at the same time and provide upgrades and retrofit solutions that meet modern military needs.

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Key vendors in the counter UAV market are Airbus S.A.S., Blighter Surveillance Systems Ltd., Leonardo S.p.a., SRC Inc., Thales Group. During the forecast period, maintaining a balance between cost and quality, and simultaneously providing upgrades and retrofit solutions to meet modern military needs will pose a significant challenge to the vendors.

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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