Press release
Counter Unmanned Aerial System Market is Booming Worldwide | Lockheed Martin, Thales, Rheinmetall AG
Counter Unmanned Aerial System Market
The counter unmanned aerial system (C-UAS) market refers to the industry that focuses on developing and providing technologies and solutions to detect, identify, track, and neutralize unmanned aerial systems (UAS) or drones used for malicious purposes. The demand for C-UAS systems has risen due to the increasing proliferation of drones and the potential security threats they pose.
The global Counter Unmanned Aerial System market size was valued at USD 1598.13 Million in 2023 and is expected to hit around USD 4146.4 Million by 2029, progressing with a compound annual growth rate of 17.22% from 2023 to 2029.
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Qualitative Insights from Study
Market Drivers
• Stringent regulations and increasing government initiatives to address drone-related challenges.
• Rising adoption of drones for commercial, industrial, and recreational purposes.
• Increasing incidents of drone-based smuggling, espionage, and terrorist activities.
Market Trend
• Rapid advancements in C-UAS technologies, including sensors, radars, and electronic countermeasures.
• Integration of artificial intelligence (AI) and machine learning (ML) algorithms for improved drone detection and tracking.
• Increasing focus on multi-laye
Opportunities
• Integration of C-UAS technologies with existing defense systems for comprehensive security.
• Development of portable and mobile C-UAS solutions for rapid deployment.
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Market Scope / Segment Breakdown
Global Counter Unmanned Aerial System market has been analyzed on various dimensions that includes market sizing and share analysis in dollar term as well as by volume* and price. The segments included in the market study are mentioned below which has been reviewed both qualitatively and quantitatively.
Based on the type, the market is bifurcated as Credit Card, Debit Card, E-wallet, and On the basis of application, the market is divided as Defense, Homeland, Commercial.
The report covers information regarding competitive outlook including the market share and company profiles of the key participants operating in the global Counter Unmanned Aerial System market. Some of the players that are profiled in the study are Lockheed Martin Corporation (United States), Thales Group (France), Saab AB Sweden, Rheinmetall AG (Germany), Northrop Grumman (United States), Airbus (France), AUDS (United Kingdom), Battelle Memorial Institute (United States), CACI International Inc. (United States), DroneShield Ltd (Australia), Raytheon Technologies Corporation (United States), MBDA (Germany), QinetiQ (United Kingdom), Rafael Advanced Defense Systems Ltd. (Israel), Aaronia AG (Germany), Liteye Systems Inc. (United States), Elbit Systems (Israel), Hensoldt (Germany), (Israel) Aerospace Industries (Israel) etc.
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
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Research Objective
• To define and describe the Counter Unmanned Aerial System segmented by product & service, by application, by end-user, and by region.
• To estimate and forecast the Counter Unmanned Aerial System by value in USD Million.
• To estimate and forecast the market size for various segments with regard to Region Name.
• To profile key players and comprehensively analyze their market position in terms of ranking and core competencies.
• To analyze the markets situation with regard to industry trends, prospects, and contribution to the total market by identifying the high-growth segments of the Counter Unmanned Aerial System and provide the competitive landscape.
• To provide industry attractiveness with help of various tools such as the Porter's five force analysis and the PESTEL analysis.
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand Counter Unmanned Aerial System market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, LATAM, Europe or Southeast Asia.
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 434 322 0091
sales@htfmarketintelligence.com
About Author:
HTF Market Intelligence consulting is uniquely positioned empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist in decision making.
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