Anti-Drone Market Size Is Anticipated to Reach USD 2.6 Billion With CAGR 25% by 2024-2032, Due To Increase In The Number Of Use of Drones & Rising Investments
Anti-Drone Market to achieve 25% CAGR during forecast 2024-2030
Anti Drone Market Outlook
Anti-Drone Market was valued at USD 0.55 billion in 2023 and is projected to reach USD 2.62260 billion by 2032, growing at a CAGR of 25.00% from 2024 to 2032.
Anti-drone refers to systems that are used to detect and intercept drones. The demand for anti-drone is growing at a fast rate owing to rising concerns about potential security threats of drones and increased border security threats. Presently, North America is dominating the market as it is the largest defense spender. Europe is expected to account for the second largest market share during the forecast period.
However, air defense systems such as anti-aircraft drones are ineffective against drones. Furthermore, high initial R&D expenses and public safety concerns hinder the market growth. It is also expected that lack of standardisation in design and usage of interdiction system are major issues for anti-drone technology.
Key Players
The key players in the global ANTI-DRONE market are Thales Group (France), Blighter Surveillance Systems Ltd (UK), Lockheed Martin Corporation (US), Saab AB (Sweden), Raytheon Company (US), Israel Aerospace Industries Ltd (Israel), Airbus (France), Boeing (US), L3 Technologies Inc. (US), Northrop Grumman Corporation (US), and Terra Hexen (Poland).
Scope of the Report
This report provides an in-depth analysis of the global anti-drone market, tracking four market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the anti-drone market by application, platform, end users, and by region.
By Application
- Detection
- Radar
- EO/IR
- Acoustic
- Others
- Interdiction
- Jammers
- Lasers
- Others
By Platform
- Ground Based
- Hand Held
- UAV Based
By End Users
- Defense
- Military
- Homeland Security
- Commercial
By Regions
- North America
- Europe
- Asia-Pacific
- Middle East and Africa
- Latin America