Surging Sales of Cost-Effective UAVs Positively Driving Anti-Drone Market, Reveals Fact.MR
Drone neutralization equipment promises notable growth and a dynamic shift in the anti-drone market. Moreover, the emergence of cost-effective and open-source UAVs with new advanced technology is driving the market positively. On top of this, military and defense spending by various governments has increased substantially due to rise in safety concerns, and thereby, the anti-drone market has been showing an upwards trajectory.
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"Anti-Drone Market Analysis By Component (Drone Detection Equipment, Drone Neutralization Equipment, Concealed Threat Detection Systems, Long-range Acoustic Devices & Software) By Range, By End-User and By Region - Global Market Insights 2022 to 2032", published by Fact.MR.
Key Takeaways from Market Study
Global anti-drone market poised to expand at CAGR of 20.9% reaching valuation of US$ 7.4 billion by 2032.
On the basis of component, the market is projected to be dominated by drone detection equipment, which is projected to account for 34.3% market share by 2032.
Europe likely to be most attractive regional market and is projected to utilize more than US$ 2 billion value of anti-drones by 2032.
By end user, military and defense likely to account for 1/3 revenue share and create an absolute $ opportunity of US$ 2.4 billion over assessment period.
1 km - 4 kms anti-drones projected to grow 8.2X by value, while 4 kms - 25 kms drones to grow 6.7X during the forecast period.
North American region expected to register a CAGR of 19.2% over the forecast period to be valued at US$ 1.7 billion by 2032-end.
"Research & development of new and advanced technologies to widely impact anti-drone market positively," says a Fact.MR analyst
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Sales of anti-drones are heavily regulated and restricted only to government contractors and authorized suppliers. Manufacturing companies are adopting research & development as their primary strategy to stay ahead of the competition and comply with various regulations and norms. As new technologies are being adopted at a higher pace, the market scenario is highly dynamic.
Prominent market players have started manufacturing customized products for specific purposes. To meet the tailored requirements of the industry, market players are diversifying their product portfolios. Some manufacturers have started producing anti-drones for emerging and new end-use sectors, wherein, governments have been regulating the open source sale of anti-drones.
Key Segments Covered in Anti-Drone Industry Survey
Anti-Drone Market by Component :
Drone Detection Equipment
Drone Detection Radars
RF Spectrum Analyzers
Video Surveillance Systems
Drone Neutralization Equipment
Stationary and Mobile Jammers
Drone Capture Nets
Concealed Threat Detection Systems
Long-range Acoustic Devices (LRAD)
Security and Integration Software
Video Enhancement and Analysis Software
Anti-Drone Market by Range :
< 200 Mtr Anti-Drone Systems
200 Mtr - 1 Km Anti-Drone Systems
1 Km - 4 Km Anti-Drone Systems
4 Km - 20 Km Anti-Drone Systems
> 25 Km Anti-Drone Systems
Anti-Drone Market by End User :
Homeland Security Departments
Military & Defense Departments
Commercial Security Service Providers
Critical Infrastructure Owners
Others (not classified in any of the above categories)
Anti-Drone Market by Region :
South Asia & Oceania
Middle East & Africa
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More Valuable Insights Available
Fact.MR, in its new offering, presents an unbiased analysis of the global anti-drone market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2032.
The study divulges essential insights on the market based on component [drone detection equipment (drone detection radars, RF spectrum analyzers, acoustic sensors and video surveillance systems), drone neutralization equipment (stationary and mobile jammers, interception systems, counter drone lasers and drone capture nets), concealed threat detection systems, long-range acoustic devices, software (security & integration software and video enhancement & analysis software)], range [25 kms] and end user [homeland security departments, military & defense departments, airport operators, commercial security service providers, critical infrastructure owners and others], across six major regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).
About the ICT Division at Fact.MR
Expert analysis, actionable insights, and strategic recommendations of the highly seasoned ICT team at Fact.MR helps clients from across the globe with their unique business intelligence needs.
With a repertoire of over thousand reports and 1 million-plus data points, the team has analyzed the prominent end use industries across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services.
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