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What are Factors Causing Boom of Asia-Pacific Anti-Drone Market in China? Top Key Players are Boeing, Leonardo DRS, Saab, Liteye Systems, Inc. - Liteye.com, Lockheed Martin, Northrop Grumman, Rafael Advanced Defense Systems, IAI - Israel Aerospace Industr

05-18-2020 10:29 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

What are Factors Causing Boom of Asia-Pacific Anti-Drone Market

One of the biggest factors responsible for the growing demand for anti-drone systems in the Asia-Pacific (APAC) region is the rising incidence of near encounters of drones with commercial aircrafts in the region. In the last few years, there has been a huge rise of near miss incidents between manned and unmanned aircraft and this has caused several fatal accidents in the region. For instance, due to security failure at the Taj Mahal, India, in October 2018, a Chinese tourist was able to take his drone inside the Central Industrial Security Force (CISF)-manned area.

Top Key Players are Anti-Drone Market in Asia-Pacific:
1- Boeing
2- Leonardo DRS
3- Saab
4- Liteye Systems, Inc. - Liteye.com
5- Lockheed Martin
6- Northrop Grumman
7- Rafael Advanced Defense Systems
8- IAI - Israel Aerospace Industries
9- Blighter Surveillance Systems Ltd

Download sample copy of this report@ https://www.psmarketresearch.com/market-analysis/apac-anti-drone-market/report-sample

Driven by the above-mentioned factors, the Asia-Pacific (APAC) anti-drone market is predicted to progress at a 47.8% CAGR during the forecast period (2018-2025) and attain a valuation of $2,105.0 million by 2025. Depending on the type of platform used, the anti-drone systems are classified into hand-held, ground-based, and unmanned aerial vehicle (UAV)-based systems. Amongst these, the UAV-based drones are expected to register the fastest growth in usage during the forecast period, owing to the increasing shift toward advanced systems for detecting and countering the security threats caused by drones.

In the APAC region, China observed the highest adoption of anti-drone systems in 2017 and it is also predicted to register the highest growth in the usage of counter-drone systems during the forecast period. This is mainly ascribed to the numerous investments made by the Chinese government over the last few years for the development of highly advanced anti-drone systems. Moreover, there have been huge investments in the defense sector of the country in the last few years and this has contributed massively to the boom of the APAC anti-drone market in the country.

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APAC ANTI-DRONE MARKET

By Platform Type - Ground-Based, Hand-Held, & UAV-Based
By Technology - Electronic, Laser, & Traditional Kinetic
By End Use - Military & Defense, Commercial, & Government
By Application - Detection & Tracking, & Interdiction
By Country - China, Australia, Japan, India, Singapore, South Korea, & Rest of APAC

Contact:
P&S Intelligence
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Blog: http://psintelligence.blogspot.com/

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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