Counter Uav Market Latest Trend, Business Opportunities, And Industry Forecast 2028

According to Premium Market Insights new research study on "Counter UAV Market is projected to reach US$ 5,021.57 million by 2028 from US$ 1,921.55 million in 2021; it is expected to grow at a CAGR of 14.7% from 2021 to 2028.

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Some Of the Major Players Influencing are A few players operating in the global counter UAV market profiled in the market study include Blighter Surveillance Systems Ltd, DroneShield, DeDrone, Leonardo S.P.A., and Lockheed Martin Corporation.
The defense sector worldwide is experiencing a surge in asymmetric warfare, leading governments of developed and developing economies to focus on upgrading their soldiers. Modernization involves equipping soldiers with advanced combat capabilities like vehicles and countermeasure solutions. Counter UAV systems are a crucial component of soldier modernization, and defense forces in many countries have increased their spending on procuring these systems. The demand for counter UAV systems is expected to continue growing as the threat of UAV-based attacks increases and the manufacturing of small and affordable drones expands. As a result, the counter UAV market is expected to experience significant growth.

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COVID-19 Impact on Counter UAV Market
The COVID-19 pandemic led to temporary shutdowns of manufacturing facilities in North America to mitigate the virus's spread. However, the defense sector, being a critical industry, continued to receive a steady supply of its products. Although defense equipment manufacturing was partially affected by disrupted raw material supply chains, the US defense placed orders for anti-drone systems and even experimented with implementing them in their operations. For example, in September 2021, the US Navy adopted Northrop Grumman's anti-drone systems to counter the increasing use of UAVs. This rise in demand and manufacturing of counter UAV solutions in the region positively impacts the market's growth.
The global counter UAV market is divided into five major regions: North America, Europe, APAC, Middle East & Africa, and South America. APAC is expected to exhibit the most elevated compound annual growth rate (CAGR) during the forecast period. The APAC region comprises developing nations that aim to establish their authority globally by building robust military units. China and India are among the leading nations prioritizing strengthening their military capabilities. They have established arms and armaments manufacturing bases and improved the quality of equipment used for army support, which has been a long-standing responsibility of their respective governments. Additionally, political tensions have escalated among neighbouring countries such as India, China, and Pakistan. The expansion of defense fleets in countries like China and India is contributing to the growth of the counter UAV market.

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Primary and secondary research has determined the global counter UAV market size. The research process began with extensive secondary research using internal and external sources to gather qualitative and quantitative data related to the market size. This process helped provide an overview and forecast of the counter UAV market size for all market segments. In addition, multiple primary interviews were performed with industry participants and commentators to validate the data and gain deeper analytical insights into the topic. The participants included industry experts such as VPs, business development managers, market intelligence managers, national sales managers, external consultants like valuation experts, research analysts, and key opinion leaders who specialize in the counter UAV market.

Table Of Contents
1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Counter UAV Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to New Entrants
4.2.4 Threat to Substitutes
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Counter UAV Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increase in Investment by Military Forces towards Counter UAV Systems
5.1.2 Rising Adoption Kinetic Counter UAV Systems
5.2 Market Restraints
5.2.1 Low Adoption among Developing and Underdeveloped Countries
5.3 Market Opportunities
5.3.1 Strategic Initiatives by Major Players
5.4 Future Trends
5.4.1 Integration of Technologies for the Development of UAV based Anti-Drone
5.5 Impact Analysis of Drivers and Restraints
Continued…...!

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