Industry Outlook

The growth of anti-drone systems market is growing in proportion to the growth in the demand by several end-use verticals. Consequently, overall anti-drone systems market expected to experience a notable surge in terms of market value. At present, global anti-drone systems market registered a market value of US$ 4285.4 Mn and projected to reach market value of US$ 29,968.7 Mn by 2029. The market is expected to make significant leaps growing with a growth rate of 24.3% throughout the forecast period from 2021 to 2029.

"Detection and Laser Anti-drone Systems Stood Supreme Among Other Neutralizing Systems"

In 2020, drone detection systems run in close quarters with anti-drone laser systems in terms of market value. Drone detection systems are extensively incorporated by military and defense units from several nations in order to get safeguard national borders from unidentified drone surveillance and attacks. Besides military & defense, the drone detections are prevailing across homeland security and commercial end-use verticals. However, military & defense end-use vertical rely heavily on anti-drone laser system to target enemy or unidentified drones before their approach.  Consequently, the two systems currently lead the overall segment in terms of market value.

"Military & Defense is and Will be the Most Dominating End-use Vertical in the Global Anti-drone Systems Market"

Military & defense are unarguably the biggest end-use vertical incorporating anti-drone systems. Every major army across the world including the U.S., China, and Russia among others are fortifying their national security against illegal infiltration or attacks from drones. Approximately 85% of the market share in global drone market is captured by military & defense. Consequently, a major chunk of the anti-drone market is claimed by military and defense end-use vertical and the projected to remain dominant throughout the forecast period from 2021 to 2029.

"North America to Retain its Market Leader Tag in Coming Years"

North America emerged as the leader in the overall anti-drone systems market in 2020. Overall progressive expenditure on defense budget backed by a presence of several anti-drone systems providers expected to help the market in this region to flourish. As the technology is still in its nascent stages, more advanced in anti-drone systems is projected to be incorporated in the developed economies of the U.S. and Canada consistently. Europe trails North America in terms of market value, while Asia Pacific expected to register the fastest growth in overall snit-drone systems market.

Competitive Landscape     

The research study covers some of the leading anti-drone system manufacturers including The Boeing Co., Thales Group, Lockheed Martin Corp., Saab AB, Raytheon Co., Israel Aerospace Industries Ltd., BSS Holland BV, Prime Consulting & Technologies, Dedrone GmbH, Security and Counterintelligence Group, DroneShield Ltd., Theiss UAV Solutions, Airbus Group SE, and Advanced Radar Technologies. All the aforementioned leading defense manufacturers and contractors are locking horns with each other for acquiring government contracts. Besides, the race to develop new drones and the technology to counter those has been the key strategy of the leading participants in the market.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Anti-drone Systems market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Anti-drone Systems market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Anti-drone Systems market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Anti-drone Systems market?
• Which is the largest regional market for Anti-drone Systems market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Anti-drone Systems market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Anti-drone Systems market worldwide?