Substantial Growth Expected in Anti-Drone Market
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Unmanned aerial vehicles can be difficult to detect and identify, and may pose a challenging threat in urban areas and over critical installations. The global anti-drone systems market was valued at $0.6 billion in 2020 and is projected to reach $2.4 billion by 2025; it is expected to grow at a CAGR of 32.2% from 2020 to 2025, according to a Research and Markets’ report.
Major factors driving the growth of this market are the increasing use of drone terrorism and illicit activities worldwide and rising incidences of security breaches by unidentified drones.
The military and defense vertical is expected to account for the largest share of the anti-drone market during the forecast period. Presently, countries are also giving importance to strengthening counter-drone measures to monitor terrorist activities, which would boost the demand for anti-drone systems in the near future, the report evaluates.
Furthermore, as a result of the increasing use of drones for border trespassing, smuggling, and spying, the military and defense sector is likely to witness increased demand for an efficient anti-drone system in the coming years.
Among the various technologies (laser, kinetic, electronic), the market for laser counter-drone systems is expected to grow at the highest CAGR during the forecast period. Laser systems mostly find their applications in the military and defense vertical owing to their great speed, significant flexibility, high precision, and low cost per shot.
Major companies such as Boeing (US), Lockheed Martin (US), Raytheon Technologies (US), Rafael Advanced Defense Systems (Israel), and MBDA (Germany) have been developing laser-based anti-drone systems.
According to oaoa.com, the anti-drone market in the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. Major factors contributing to this growth include the development of new technologies in APAC to reduce the growing number of drone-related crimes and several ongoing developments related to anti-drone systems by regional players.
