Study Period 2019 - 2029 1 Market Size (2024) USD 2.03 Billion 2 Market Size (2029) USD 6.31 Billion 3 CAGR (2024 - 2029) 25.46 % 4 Fastest Growing Market Latin America 5 Largest Market North America 6 Major Players
*Disclaimer: Major Players sorted in no particular order
Anti Drone Market Analysis
The Anti-Drone Market size is estimated at USD 2.03 billion in 2024, and is expected to reach USD 6.31 billion by 2029, growing at a CAGR of 25.46% during the forecast period (2024-2029).
The rising incidence of critical infrastructure security breaches by unauthorized drones and the surging adoption of aerial remote sensing technologies to safeguard critical infrastructure are among the factors driving the growth of the anti-drone market.
The demand for anti-drone systems is mainly due to the increasing proliferation of cheaper, small drones. Growing cases of security breaches by unidentified drones and terrorist groups' use of drones is further propelling the demand for counter-drone technologies. In addition to the defense sector, homeland security, and law enforcement agencies purchase counter-drone systems to counter unidentified drones entering critical infrastructures.
Counter-drone systems face challenges in performance, practicality, legality, and policy. Using anti-drone jammers or unauthorized UAS detection and countermeasure deployments can result in electromagnetic and radio frequency (RF) interference. This is especially true at airports, affecting flight safety and air traffic management issues. Such limitations are expected to challenge the market's growth during the forecast period.
The drone technology is developing fast, from cargo drones to novel command and control concepts, autonomy to swarming, and collision avoidance to multi-modal operations. Furthermore, the development of IoT and 5G is expected to open the possibility of operating drones with the help of the internet from anywhere in the world. These factors are expected to challenge the current anti-drone systems.
Anti Drone Market Trends
Defense Segment Dominates the Market During the Forecast Period
The rising investments in improving defense capabilities and adoption of next-generation weapons boost the market growth. An increase in illegal and terrorist activities, such as unlawful border crossings and smuggling, leads to increased adoption of anti-UAV programs by international security forces. An increase in costs in R&D by defense contractors, coupled with the growing number of anti-UAV programs by different military forces to protect against the invaders, play a vital role in the segment's growth.
The global defense sector has witnessed tremendous growth in recent years due to increasing warfare situations, rising cross-border conflicts, and political disputes among neighboring countries. The ongoing war between Russia- and Ukraine, Israel-Palestine, and disputes between China-Taiwan and China-India leads to growing security concerns. It led to increasing defense spending from various countries. According to SIPRI, the global defense expenditure reached USD 2.4 trillion in 2022. The US Department of Defense planned to spend nearly USD 668 million on research into new drone defense technologies and about USD 78 million to procure such technology by the next year.
The Ukrainian military operates thousands of advanced Lithuanian counter-unmanned aircraft systems (C- UASs), bolstering their defense capabilities against Russian drones. Since Russia's invasion of Ukraine in February 2022, Lithuania provided Ukraine with numerous anti-drone weapons, in addition to howitzers, helicopters, and various other weapon systems. Furthermore, in August 2021, the Indian armed forces gave orders to Indian firms for counter-drone technologies worth USD 1.5 billion. Also, the Indian Navy awarded contract to Bharat Electronics Limited (BEL) for an indigenous anti-drone naval system.
Thus, increasing investment in advanced military weapons to enhance defense capabilities and a rising focus on developing next-generation anti-drone systems drive market growth.
Understand The Key Trends Shaping This MarketNorth America Expected to Dominate the Market During the Forecast Period
The US is the largest defense spender in the world. In 2022, the US government spent USD 877 billion on its defense sector. The ongoing war between Russia and Ukraine, growing security threats from Russia to the NATO countries, and political disputes in the Middle Eastern region lead to a growing focus on strengthening defense forces. The US government is highly investing in enhancing its defense capabilities due to increasing security threats and rising political tension worldwide. The US Army is procuring and continuing to develop a new maneuver, the short-range air defense system or M-SHORAD. Legacy SHORAD ADA systems include the FIM-92 Stinger missile, the Land-Based Phalanx Weapons System (LPWS), and the Avenger system employed against drones.
For instance, in October 2023, General Dynamics Land Systems (GDLS) launched the TRX SHORAD at the US Army Annual Meeting and Expo. This uncrewed vehicle is an anti-drone solution based on GDLS' TRX robotic platform. It has a weapons station with a 30mm automatic cannon and stinger surface-to-air missile launchers. Additionally, growing expenditure on procuring advanced defense systems is expected to boost market growth.
The US focuses on upgrading its existing air defense systems fleet and corresponding capabilities. The US FY2023 defense budget prioritizes upgrading military systems to compete with Russia and China globally while emphasizing day-to-day operations for ongoing conflicts, crisis response, and allied engagement. In October 2022, the US Army created a guide air and missile-defense modernization program focusing on countering drone threats. Developments such as these are projected to drive the market growth.
Get Analysis on Important Geographic MarketsDownload SampleAnti Drone Industry Overview
The anti-drone market is semi-consolidated in nature, with a few players holding significant shares. Some of the key OEMs in the market are RTX Corporation, Lockheed Martin Corporation, QinetiQ Group plc, THALES, and Israel Aerospace Industries Ltd. Several start-ups are enter the market with new products. The proliferation of small players is also growing in the market by supplying various anti-drone solutions.
Various companies are focusing on developing counter-drone technologies useful for global militaries. It can fetch long-term contracts and help the players to increase their market share in the coming years. GrowingThe anti-drone market is becoming highly lucrative by increasing investments in innovative products and the demand from the defense and commercial sectors. It offers significant opportunities for both the existing and new players in the market.
Anti Drone Market Leaders
Lockheed Martin Corporation
RTX Corporation
THALES
Israel Aerospace Industries Ltd.
QinetiQ Group plc
*Disclaimer: Major Players sorted in no particular order
Anti Drone Market News
- August 2023: DroneShield Ltd. introduced satellite denial systems for specific target areas. Various Global Navigation Satellite Systems (GNSS) are used worldwide, including the well-known US GPS, the Chinese BeiDou, the Russian GLONASS, and the European Galileo system. DroneShield’s GNSS disruption solutions for drones and UAVs incorporate intelligent defeat capabilities.
- July 2023: The Swedish Defence Materiel Administration (FMV) and Thales agreed to deliver and install SMART-L Multi-Mission Fixed (MM/F) long-range radars. These radars, featuring the latest Active Electronically Scanned Array (AESA) technology, are designed to offer versatile capabilities for air and surface surveillance and target designation.
Anti Drone Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions And Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Attractiveness - Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Application
5.1.1 Detection
5.1.1.1 RADARs
5.1.1.2 Other Sensors
5.1.2 Jamming and Disruption
5.2 Vertical
5.2.1 Defense
5.2.2 Airports
5.2.3 Other Critical Infrastructures
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.2 Europe
5.3.2.1 United Kingdom
5.3.2.2 France
5.3.2.3 Germany
5.3.2.4 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 India
5.3.3.3 Japan
5.3.3.4 South Korea
5.3.3.5 Rest of Asia-Pacific
5.3.4 Latin America
5.3.4.1 Mexico
5.3.4.2 Brazil
5.3.4.3 Rest of Latin America
5.3.5 Middle-East and Africa
5.3.5.1 Saudi Arabia
5.3.5.2 United Arab Emirates
5.3.5.3 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 Drone Defence
6.2.2 DeTect Inc.
6.2.3 Zen Technologies Limited
6.2.4 DroneShield Ltd
6.2.5 METIS Aerospace Ltd
6.2.6 QinetiQ Group plc
6.2.7 THALES
6.2.8 Lockheed Martin Corporation
6.2.9 SRC Inc.
6.2.10 Dedrone
6.2.11 SAAB AB
6.2.12 RTX Corporation
6.2.13 Israel Aerospace Industries Ltd.
6.2.14 Citadel Defense
6.2.15 Robin Radar Systems
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Anti Drone Industry Segmentation
An anti-drone system is a customizable integrated system that includes different equipment and solutions depending on the customer's needs and requirements. It prevents security breaches at private houses, prisons, commercial venues, government buildings, industrial installations, airports, border security, critical infrastructure, and military facilities.
The anti-drone market is segmented by application, vertical, and geography. By application, the market is segmented into detection, jamming, and disruption. The detection segment is further segmented into radars and other sensors (which include RF, acoustic, infrared, and optical technologies). By vertical, the market is segmented into defense, airports, and other critical infrastructures. The report also offers the market sizes and forecasts for the anti-drone market across the major regions across the globe. For each segment, the market sizing and forecasts are done on the basis of revenue (USD).
Application
Detection RADARs Other Sensors Jamming and Disruption
Vertical Defense Airports Other Critical Infrastructures
Geography
North America United States Canada
Europe United Kingdom France Germany Rest of Europe
Asia-Pacific China India Japan South Korea Rest of Asia-Pacific
Latin America Mexico Brazil Rest of Latin America
Middle-East and Africa Saudi Arabia United Arab Emirates Rest of Middle-East and Africa Anti Drone Market Research FAQs
How big is the Anti-Drone Market?
The Anti-Drone Market size is expected to reach USD 2.03 billion in 2024 and grow at a CAGR of 25.46% to reach USD 6.31 billion by 2029.
What is the current Anti-Drone Market size?
In 2024, the Anti-Drone Market size is expected to reach USD 2.03 billion.
Who are the key players in Anti-Drone Market?
Lockheed Martin Corporation, RTX Corporation, THALES, Israel Aerospace Industries Ltd. and QinetiQ Group plc are the major companies operating in the Anti-Drone Market.
Which is the fastest growing region in Anti-Drone Market?
Latin America is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Anti-Drone Market?
In 2024, the North America accounts for the largest market share in Anti-Drone Market.
What years does this Anti-Drone Market cover, and what was the market size in 2023?
In 2023, the Anti-Drone Market size was estimated at USD 1.51 billion. The report covers the Anti-Drone Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Anti-Drone Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Counter Drone Industry Report
Statistics for the 2024 Counter Drone market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Counter Drone analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Counter Drone Market Report Snapshots
Source: https://www.mordorintelligence.com/industry-reports/anti-drone-market
Huge in the pipelines, page-5
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DRO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
84.3¢ |
Change
-0.008(0.88%) |
Mkt cap ! $719.4M | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 86.0¢ | 79.5¢ | $9.696M | 11.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 71507 | 84.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.5¢ | 227617 | 8 |
View Market Depth
| Last trade - 11.43am 08/11/2024 (20 minute delay) ? |
| DRO (ASX) Chart |