3 Key Insights on US$ 6,000 Mn Opportunity in the Global Anti-Drone Systems Market: Ken Research

Driven By the increased use of unidentified drones for terror attacks and illicit activities, as well as the advancement of remote sensing and surveillance technologies, such as automatic dependent surveillance-broadcast (ADS-B), the Global Anti-Drone Systems Market is forecasted to Cross US$ 6,000 Mn by 2028 says Ken Research Study.

Drones are basically aircraft that can be controlled remotely or fly autonomously by utilizing software-controlled flight information in their embedded systems. They are used for specific tasks, including cargo delivery, inspection, mapping, and more. Most of the drones include an infrared camera, which provides useful thermal imaging for location search, surveying, and rescue services. In addition, some are equipped with the necessary payloads and safety equipment, such as extra lighting and parachute systems.

1. Anti-Drone Systems Market has Seen Significant Market Growth after a Rise in terror Attacks, and Illicit Activities in 2020.

The Global Anti-Drones/Counter Drones Market is expected to witness stable growth during the forecast period, owing to the development of remote sensing technologies, as well as the increasing labor shortage caused by factors, such as the aging population, low wages, and immigration disruption in the COVID-19 pandemic. The global Anti-Drone Systems Market was valued at ~US$ 500 million in 2017, it is estimated to be ~US$ 1,500 million in 2022 and is expected to reach a market size of ~US$ 6,000 million by 2028 growing with a CAGR of ~25% during the forecast period (2022-2028).

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North America dominated the Global Anti-Drones/Counter Drones Market in 2021, primarily due to the increased utilization of high-tech equipment across industries, and rising government expenditure to support the expansion of UAVs/drones is fueling the region's market growth.

2. Rising Incidences of Security Breaches by Unidentified Drones, As Well As the Advancements in Remote Sensing and Surveillance Technologies Act as a Major Growth Driver for the Global Anti-Drone Systems Market.

Drones have become increasingly popular in recent years for aerial photography, search and rescue missions, agriculture, and surveillance and monitoring. A number of countries, including the United States, Brazil, and China, have enacted legislation to regulate and limit the use of drones. Unidentified drones have violated security at a number of locations, including military bases, airports, and jails. As a result, there has been a significant increase in demand for drone defense systems. Furthermore, continuous advances in component, sensing technology, and size have accelerated the growth of automation and monitoring systems, including UAVs/drones, which utilize a number of tools and methods to forecast data and ensure higher productivity, reliability, increased performance, and reduced operating costs.

3. Higher Cost Associated with Drones, And Individuals' Disinclination to Adapt Advanced Technologies around Them Are Expected To Stifle Market Growth

The high costs associated with UAVs/drones are confining the market growth, as they are mainly embedded with expensive autonomous functionalities that operate using AI-powered navigation and operational software that raise the finished cost of a product. Furthermore, the continued use of traditional techniques, including truck and manual processes for monitoring, surveying, mining, crop spraying, equipment tracking, and more indicates that the portfolio of drones has yet to capture the potential customer base.

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Key Topics Covered in the Report

Snapshot of the Global Anti-Drone Systems Market
Industry Value Chain and Ecosystem Analysis
Market size and Segmentation of the Global Anti-Drone Systems Market
Historic Growth of the Overall Global Anti-Drone Systems Market and Segments
Competition Scenario of the Market and Key Developments of Competitors
Porter's 5 Forces Analysis of the Global Anti-Drone Industry
Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors
Covid-19 Impact on the Overall Global Anti-Drones/Counter Drones Market
Future Market Forecast and Growth Rates of the Total Global Anti-Drone Systems Market and by Segments
Market Size of Technology, Application, and End User Segments with Historical CAGR and Future Forecasts
Analysis of the Global Anti-Drone Systems Market
Major Production/Supply and Consumption/Demand Hubs within Each Region
Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
Overview of Notable Emerging Competitor Companies within Each Region

Notable Key Players Mentioned in the Report

Israel Aerospace Industries Ltd.
Leonardo S.P.A.
Rafael Advanced Defense Systems Ltd.
Droneshield ltd
Liteye Systems, Inc.
Dedrone
DeTect Inc.
MBDA
Battelle Memorial Institute
Saab Ab
Boeing
DroneDefense

Notable Emerging Companies Mentioned in the Report

Mydefence Communication
QinetiQ
Raytheon Technologies Corp.
SRC Inc.
TeleRadio Engineering Pte Ltd.
Thales Group
ETECT, INC.
SKYLOCK

Key Target Audience - Organizations and Entities Who Can Benefit by Subscribing This Report

Drones Manufacturers
Drone Components Manufacturers
Defense Hardware Companies
Drone Solution Service Providers
Aerospace Equipment Companies
Defense Technology and Software Providers
Federal Aviation Administration (FAA)
Government Ministries and Departments of Defense
PE and VC Firms focused on Defense Sector
Startups in Defense Sector
Startups in Aerospace Sector
Aerospace and Defense Technology Research Organizations
Aerospace and Defense Regulatory Organizations

Period Captured in the Report

Historical Period: 2017-2021
Forecast Period: 2022-2028F

For more insights on the market intelligence, refer to the link below: -

https://www.kenresearch.com/business-research/global-anti-drone-systems-market-outlook-2028/

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This release was published on openPR.