Drone Identification System Market Outlook With Is Expected To Grow 15970 Million US Till 2022


Posted December 5, 2018 by amarsasane

“Drone Identification System Market” report includes - Industry Future Trends, Growth Opportunity, Experts reviews and forecast period (2018-2022).

 
Global Drone Identification System Market overview:

With the slowdown in world economic growth, the Drone Identification System industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Drone Identification System market size to maintain the average annual growth rate of 70.18% from 280 million $ in 2014 to 1380 million $ in 2017, Market analysts believe that in the next few years, Drone Identification System market size will be further expanded, we expect that by 2022, The market size of the Drone Identification System will reach 15970 million $.

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The Global Drone Identification System Market is segmented on the basis of Application, Technology, End User and Region. Based on technology segment is bifurcated on the basis of detection & identification and response. Detection & identification holds largest market share within technology segment and is expected to grow with highest Compound Annual Growth Rate for the forecast period. New Federal Aviation Administration regulations mandating detection & identification of drones being flown has fuelled demand for detection & identification technology segment for the forecast period. Detection & identification technology segment is further sub segmented as optical cameras, thermal cameras, acoustic systems, radio systems, radar systems, and other systems & devices. Similarly, response segment is bifurcated in terms of laser technology, EMP devices, and others. Application segment is further bifurcated in terms of stationary and moving systems. Stationary systems holds largest market share in 2018.

 On the basis end-user, military holds the largest market share in terms of revenue in 2018. Increasing military expenditure, rising security risks, increasing surveillance needs has bolstered demand for drone identification systems in military. However, commercial drone identification systems are anticipated to grow at highest Compound Annual Growth Rate for the forecast period. The market growth is fuelled by risk security breaches via drones in areas like energy and critical infrastructure establishments.

As per regional analysis, North America holds the largest share of the market in terms of revenue in 2018 and continues to dominate the market. Significant presence of software & hardware manufacturers, increasing military spending, and rise in illegal use of drones are driving investment towards drone identification systems in North America. APAC is the fastest growing market for drone identification systems for the forecast period. The market growth is ascribed to rising number of illegal drone flights, thriving commercial drone market, and rise in military spending in the region.

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Major Key Players:

1 Thales Group

2 Mistral Solutions Pvt. Ltd.

3 Leonardo S.P.A.

4 Kelvin Hughes Limited

5 Precision Hawk

6 Dedrone, Inc.

7 Droneshield

8 Blighter Surveillance Systems Ltd.

9 Dronelabs Llc

10 Rinicom Ltd

11 Aaronia Ag

12 Advanced Protection Systems Sp. Z O.O.

13 Rheinmetall Ag

14 Orelia Sas

Market segment by Regions/Countries, this report covers:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

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Table of Contents:

Global Drone Identification System Market Report 2018

1 Drone Identification System Definition

2 Global Drone Identification System Market Major Player Share and Market Overview

3 Major Player Drone Identification System Business Introduction

4 Global Drone Identification System Market Segmentation (Region Level)

5 Global Drone Identification System Market Segmentation (Product Type Level)

6 Global Drone Identification System Market Segmentation (Industry Level)

7 Global Drone Identification System Market Segmentation (Channel Level)

8 Drone Identification System Market Forecast 2018-2022

9 Drone Identification System Segmentation Type

10 Drone Identification System Segmentation Industry

11 Drone Identification System Cost Analysis

12 Conclusion

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Tags drone identification system , drone identification system industry analysis , drone identification system market , drone identification system market share , drone identification system market size , global drone identification system market , mistral , thales
Last Updated December 5, 2018