openPR Logo
Press release

With 26.6% CAGR, Anti-Drone Market Growth to Surpass USD 5.2 billion

05-06-2024 09:51 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets

With 26.6% CAGR, Anti-Drone Market Growth to Surpass USD 5.2

The global anti-drone market was valued at USD 1.2 billion in 2022 and is projected to reach USD 5.2 billion by 2028; it is expected to register a CAGR of 26.6% during the forecast period. Increasing government spending on counter-drone technologies, rising incidence of critical infrastructure security breaches by unauthorized drones, growing reliance on advanced anti-drone systems to prevent terrorism, and surging adoption of aerial remote sensing technologies to safeguard critical infrastructure are attributed to the ever-increasing demand for anti-drone systems.

Informational PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=177013645

The electronic system segment accounted for the largest share of ~53% of the anti-drone market, based on technology, in 2022. The major factor responsible for this growth is enormous investments by market players worldwide in manufacturing electronic anti-drone systems. Along with this, the low cost of development contributes to the growth of the market for electronic systems.

The detection and disruption segment accounted for the larger share of ~75% of the anti-drone market, by application, in 2022. This growth is attributed to the increasing popularity of drones for a variety of tasks, including aerial photography, videography, delivery, and surveillance. This has led to a corresponding increase in the demand for anti-drone systems, particularly those that can detect and disrupt drones before they can cause harm. Also, the detection and disruption segment is expected to exhibit a higher CAGR of 27.9% throughout the forecast period. Drones have been used to carry out a number of terrorist attacks and other criminal activities in recent years. This has led to increased awareness of the potential dangers of drones and a greater demand for anti-drone systems. Detection and disruption systems find major applications in the military and defense and homeland security verticals where the entry of any unauthorized drone into the prohibited area of a country is detected, and the drone is shot down on the spot.

The ground-based segment accounted for the largest share, ~78% of the anti-drone market in 2022. The majority of anti-drone systems are ground-based. Fixed anti-drone systems have long-range, offer high drone detection accuracy, and exhibit identification and tracking capabilities. Most manufacturers offer ground-based fixed or mobile anti-drone solutions to counter the threat of illicit and rogue drones.

Americas held the largest share of ~44% in the anti-drone market in 2022. The factors contributing to the growth of this market include the increasing incidence of security breaches by unidentified drones and the rising number of terrorist attacks in American countries, especially the US. The dramatic growth in drone accidents and incidences has raised fundamental questions about national security, public safety, and privacy regulations. This has compelled the government to deploy anti-drone systems to ensure protection against illicit drones. Hence, the US is one of the world's major consumers of anti-drone systems.

The military & defense vertical accounted for the largest market share of ~73% in 2022. The use of drones for border trespassing, smuggling, and spying has increased. As a result, the demand for an efficient anti-drone system is expected to rise in the coming years in the military & defense sector.

View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/anti-drone-market-177013645.html

Military organizations are investing heavily in anti-drone systems to protect their personnel and assets from drone attacks. Anti-drone systems can be used to detect, track, and disable or destroy incoming drones.
Some of the key types of anti-drone systems used by the military include:
• Radar systems: Radar systems can be used to detect and track drones at long distances.
• Electronic warfare systems: Electronic warfare systems can be used to jam or disrupt the drone's control signals.
• Kinetic effectors: Kinetic effectors, such as net guns and missiles, can be used to disable or destroy drones

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release With 26.6% CAGR, Anti-Drone Market Growth to Surpass USD 5.2 billion here

News-ID: 3484973 • Views:

More Releases from MarketsandMarkets

Biofuel Market Forecast to Surpass $225.9 billion by 2028 with a CAGR of 6.2%
Biofuel Market Forecast to Surpass $225.9 billion by 2028 with a CAGR of 6.2%
According to a research report, the global biofuel market is projected to reach USD 225.9 billion by 2028 from an estimated USD 167.4 billion in 2023, at a CAGR of 6.2% during the forecast period. The surge in demand for biofuel is attributed to rising environmental concerns, the transition towards renewable sources, and the implementation of government policies to decarbonize the transport sector, which is driving the growth of the
Fire Protection System Pipes Market worth $28.5 billion by 2027 | Key players Tata Steel (India), Simona AG (Germany), Astral Pipes (India), China Lesso (China), Octal Steel (China).
Fire Protection System Pipes Market worth $28.5 billion by 2027 | Key players Ta …
According to recent market research the "Fire Protection System Pipes Market by Type (Seamless, Welded), Material (Steel, CPVC, Copper), Application (Fire Suppression System, Fire Sprinkler System), End-use Industry (Residential, Industrial, Commercial), and Region- Global Forecast to 2027", size is projected to reach USD 28.5 billion by 2027 at a CAGR of 6.7% from USD 20.6 billion in 2022. Growth of the market is fueled by the growth of the construction
Cathode Materials Market worth $52.6 billion by 2027 | Key players Umicore (Belgium), POSCO (South Korea), BASF (Germany), Hitachi Chemical (Japan), LG Chem (South Korea).
Cathode Materials Market worth $52.6 billion by 2027 | Key players Umicore (Belg …
According to recent market research the "Cathode Materials Market by Battery Type (Lead-Acid, Lithium-ion), Material (Lithium-Ion (LFP, LCO, NMC, NCA, LMO), Lead-Acid (Lead Dioxide)), End-Use, and Region (Asia Pacific, North America, Europe, and Row) - Global Forecast to 2027", is projected to grow from USD 25.9 billion in 2022 to USD 52.6 billion by 2027, at a CAGR of 15.2% from 2022 to 2027. Growing demand for various applications such

More Releases for USD

$100,000,000 USD job contract for travel - $3,000,000 USD referral commission.
Khoja Consultants invites companies, teams or venture capitalists for a $100,000,000 USD contract for travel. The selected company will be providing all accommodations and expenses for a 6-month long business trip around the world. Khoja Consultants expects five-star treatment including close security with private planes, hotels, secured vehicles and helicopters if necessary. More details on the job contract and application are provided at - www.KhojaConsultants.com. There is a $3,000,000
Primary Alkaline Batteries Market Worth USD 14.58 Billion USD by 2026
The Global Primary Alkaline Batteries market size was valued at 10.31 Billion USD in 2019 and is projected to reach 14.58 Billion USD by 2026, at a CAGR of 5% during the forecast period. An Primary Alkaline Batteries is a type of primary battery, which derives its energy from the reaction between zinc metal and manganese dioxide. Get Detailed Analysis of COVID-19 Impact on Primary Alkaline Batteries Market @ https://reports.valuates.com/request/sample/QYRE-Othe-0I169/Global_Primary_Alkaline_Battery_Market This report presents
IOT Solutions Market worth USD 553.9 million USD by 2026
"The global IoT solutions market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cybersecurity as a service market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa." These days many businesses are adopting a market research report
Eubiotics Market Set to Exceed USD USD 8.60 Billion by 2026
According to a new study published by Polaris Market Research the global eubiotics market is anticipated to reach USD 8.60 billion by 2026. The tightening and stringent restrictions on the use of antibiotic growth promoters along with the surging consumer pressure on food safety and consumer preferences are expected to be the major factors driving demand for these products that work as substitutes to in-feed eubiotics. Eubiotics or specific organic
Polyurethane Dispersions Market worth USD 2.04 Billion USD by 2020
The report " Polyurethane Dispersions Market by Type (Water-Based Polyurethane Dispersions and Solvent-Based Polyurethane Dispersions), by Application (Coatings, Adhesives & Sealants, Synthetic Leather Production, Fiber Glass Sizing, and Others) - Trends & Forecasts to 2020", The global polyurethane dispersions market is projected to reach USD 2.04 Billion by 2020 at a CAGR of 6.8% between 2015 and 2020. This growth is fueled by the high potential from the textile and
Retail Analytics Market worth USD 5.1 Billion USD by 2020
According to a new market research report "Retail Analytics Market by Business Function (Marketing and Customer Analytics, Merchandizing and In-Store Analytics, Supply Chain Analytics, Strategy and Planning), by Type, by Solutions and by Services - Global Forecast and Analysis to 2020", defines and segments the global retail analytics market on the basis of business function, solutions, services, deployment types, and regions along with providing an in-depth analysis and market size