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Counter UAV Market Revenue, Insights, Overview, Outlook, Analysis

06-11-2024 01:32 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Due to the COVID-19 pandemic, the global Counter UAV market size is estimated to be worth US$ 736 million in 2022 and is forecast to a readjusted size of US$ 3948.6 million by 2029 with a CAGR of 26.8% during the forecast period 2023-2029.

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Counter-drone technology, also known as counter-UAS, C-UAS, or counter-UAV technology, refers to systems that are used to detect and/or intercept unmanned aircraft. As concerns grow around the potential security threats drones may pose to both civilian and military entities, a new market for counter-drone technology is rapidly emerging. To date, we have found at least 235 counter-drone products either on the market or under active development. This report provides background on the growing demand for C-UAS technology, describes how the technology works, presents our database of known C-UAS systems from around the globe, and explains some of the challenges surrounding counter-drone technology use.

North America is the largest market with about 34% market share. Europe and China are follower, accounting for about 43% market share.

The key players are SRC, Lockheed Martin, Thales, Boeing, Airbus Defence and Space, Dedrone, Northrop Grumman, DroneShield, Battelle, Blighter Surveillance, Aaronia AG, Chess Dynamics, Enterprise Control Systems Ltd (ECS) etc. Top 3 companies occupied about 27% market share.

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By Type
• Ground-based C-UAV
• Hand-held C-UAV
• UAV-based C-UAV

By Application
• Civil
• Military

Key Companies
• SRC
• Lockheed Martin
• Thales
• Boeing
• Airbus Defence and Space
• Dedrone
• Northrop Grumman
• DroneShield
• Battelle
• Blighter Surveillance
• Aaronia AG
• Chess Dynamics
• Enterprise Control Systems Ltd (ECS)

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-32P422/global-counter-uav

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Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.

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