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Anti-Drone Market: Size and CAGR Analysis - Discover Growth Trends and Market Insights

04-25-2024 04:16 PM CET | IT, New Media & Software

Press release from: The Business research company

Anti Drone Market

Anti Drone Market

The anti drone market size has grown exponentially in recent years. It will grow from $1.54 billion in 2023 to $1.94 billion in 2024 at a compound annual growth rate (CAGR) of 26.1%. The growth in the historic period can be attributed to government initiatives and spending, rise in unauthorized drone incidents, security concerns and threats, regulatory changes and standards, instances of drone-related disruptions.

The anti drone market size is expected to see exponential growth in the next few years. It will grow to $4.63 billion in 2028 at a compound annual growth rate (CAGR) of 24.2%. The growth in the forecast period can be attributed to regulatory changes, growth in counter, expansion of commercial drone usage, ai and machine learning integration. Major trends in the forecast period include public safety concerns, investments in r&d, growth in commercial drone usage, increased incidents of drone intrusions, collaboration and partnerships.

Market Overview -
Anti drone systems are a collection of technologies and methods that are designed to identify, track, and reduce the hazards posed by unmanned aerial vehicles (UAVs) and unwanted drones. It is used to protect against unauthorized drone activity. These systems incorporate a variety of sensors, countermeasures, and integrated solutions.

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Surge In Illicit Drone Use Sparks Growth In Anti-Drone Market
The rise in the use of drones for terrorism and illicit activities is expected to propel the growth of the anti-drone market going forward. Terrorist activities refers to violence and anti-social activities done by terrorists. Anti-drone systems provide proactive and effective measures to counter the emerging threats of drones by terrorist groups by detecting, tracking, and neutralizing unauthorized drones to enhance security, the prevention of illicit activities, and the protection of critical assets. For instance, In January 2023, according to the Armed Conflict Location & Event Data Project (ACLED), a US-based non-governmental organization specializing in disaggregated conflict data collection, analysis, and crisis mapping, the Houthis, an Islamist political and armed organization carried out around 1,000 rocket/missile attacks and over 350 separate drone attacks by 2022, and whereas, guided rockets/missiles have climbed to 89% in 2022. Therefore, the rise in the use of drones for terrorism and illicit activities drives the growth of the anti drone market.

Competitive Landscape -
Major companies operating in the anti drone market report are Raytheon Technologies Corporation, Lockheed Martin Corporation, Israel Aerospace Industries, DroneShield Limited, DeTect Inc., Dedrone Holdings, Liteye Systems Inc., Saab AB, Thales Group, Enterprise Control Systems, Advanced Radar Technologies SA, Prime Consulting & Technologies, Selex ES, Rafael Advanced Defense Systems Ltd., MBDA Missile Systems Inc., Battelle Memorial Institute, Advanced Protection Systems, Airfence Solutions Ltd., Avnon Group, Cerbair SAS, D-Fend Solutions, Mydefence Communication ApS, Blighter Surveillance Systems Limited, Zen Technologies Limited, Leonardo S.p.A., Northrop Grumman, SRC Inc., Moog Inc., Accipiter Radar, Citadel Defense, Robin Radar Systems, METIS Aerospace Ltd.

Product Innovations In Anti-Drone Technology
Product innovations are a key trend gaining popularity in the anti drone market. Major companies in the anti drone sector are focused on innovating their products to strengthen and sustain their position in the market. For instance, in June 2022, NovoQuad Group, a US-based security system supplier, introduced ND-BD003 handheld anti drone system, this handheld anti-drone system integrates detection, jamming, display, and control all in one, and it is a big leap forward from typical anti-drone jammers. This system will do radio detection automatically, significantly reducing workload and improving accuracy. Furthermore, by eliminating the additional connection, commissioning, and initialization processes, this system can begin working immediately after startup, considerably increasing reaction time. This technology is capable of interfering with invading drones' communication and navigation (GPS) signals, as well as reserving user-defined jamming frequency bands for customer selection.

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Key Segments -

The anti drone market covered in this report is segmented -

1) By Product: Ground-Based Counter-Unmanned Aerial Vehicle (C-UAV), Hand-Held C-UAV, UAV(Unmanned Aerial Vehicle)-Based C-UAV
2) By Component: Drone Detection Equipment, Drone Neutralization Equipment, Concealed Threat Detection Systems, Long-range Acoustic Devices (LRAD), Software
3) By Technology: Electronic System, Laser System, Kinetic System
4) By Application: Detection, Disruption
5) By End User: Homeland Security Departments, Military And Defense Departments, Airport Operators, Commercial Security Service Providers, Critical Infrastructure Owners, Other End Users

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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