Anti-Drone Market worth $2,276 million by 2024


Posted January 17, 2019 by stevestark002

Anti-Drone Market Size, Growth, Trend and Forecast to 2024 | MarketsandMarkets

 
According to the new market research report on "Anti-Drone Market by Technology (Laser, Kinetic, and Electronics), Application (Detection, Detection & Disruption), Vertical (Military & Defense, Homeland Security, and Commercial), and Geography - Global Forecast to 2024", the anti-drone market is expected to grow from USD 499 million in 2018 to USD 2,276 million by 2024, at a CAGR of 28.8%. Major factors driving the growth of this market are rising incidences of security breaches by unidentified drones and increasing terrorism and illicit activities across the world.

https://www.marketsandmarkets.com/Market-Reports/anti-drone-market-177013645.html

The detection and disruption application to hold a larger share of the anti-drone market during the forecast period

The detection and disruption application is likely to continue to account for a larger share of the anti-drone market during the forecast period. Anti-drones are used for detection and disruption applications, especially in the military & defense sector wherein unauthorized drones that enter the prohibited area of any country need to be detected, as well as destroyed on the spot. The growth is also attributed to increased number of terrorist groups, which are demonstrating the ability to operate a wide range of drones, including armed systems.

Anti-drone market for the commercial vertical to grow at the highest CAGR during the forecast period

The anti-drone market for the commercial vertical is expected to grow at the highest CAGR during the forecast period. Key factors responsible for this growth include increased awareness and rapid development of inexpensive drones in the market. Drones are evolving beyond their military origin to become powerful business tools. They have already made the leap to the consumer market, and now they are being put to work in commercial applications such as firefighting, mining, surveying, and farming, among others. However, these drones create public safety concerns.

The Americas to hold the largest share of the anti-drone market during the forecast period

The Americas is likely to account for a major share of the global anti-drone market during the forecast period. Factors contributing to the growth of this market include rising incidences of security breaches by unidentified drones and increasing terrorist attacks in countries in the Americas, especially in the US. The growth can also be attributed to the presence of several key players in this region, such as Airbus Defence and Space (US), Battelle Memorial Institute (US), Department 13 International Ltd. (US), DeTect, Inc. (US), and Lockheed Martin Corp. (US).

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

Thales Group (US), Blighter Surveillance Systems Ltd. (UK), Lockheed Martin Corp. (US), Saab AB (Sweden), Raytheon Co. (US), Dedrone (US), Israel Aerospace Industries Ltd. (Israel), Security and Counterintelligence Group (SCG) LCC (Switzerland), DroneShield Ltd. (Australia), Liteye Systems, Inc. (US), Theiss UAV Solutions, LLC (US), BSS Holland BV (Netherlands), and Prime Consulting & Technologies (Denmark) are a few major players in the anti-drone market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
[email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Chandrakant
Phone 8886006441
Business Address 630 Dundee Road
Suite 430
Country United States
Categories Semiconductors
Tags anti-drone market
Last Updated January 17, 2019