ID: MRFR/A&D/8853-HCR | 175 Pages | Published By Sejal Akre on March 2023
Drone Defense System Market is projected to reach USD 2.4 Billion by 2026 and is projected to grow at a 28.3% CAGR between 2021 and 2030
$ 2.4 Billion
28.3%
North America
2021-2030
Drone Defense System Market Scenario
Drone Defense System Market is projected to reach USD 2.4 Billion by 2030 and is projected to grow at a 28.3% CAGR between 2021 and 2030.
Drone defense systems are used to detect/intercept unmanned aircraft. Growing incidences of security breaches by drones pose a significant security threat to both military and civilian entities. This has led to the emergence of a new market for drone defense systems in recent years. Drone Defense System Market has witnessed high growth in recent years owing to the rising incidences of security breaches by unidentified drones. Moreover, increasing terrorism and illicit activities across the World and FAA mandates for the identification of drones are some of the factors driving the growth of the global market.However, increasing hacking, privacy, and security concerns and public safety concerns are expected to restrain the market growth to some extent.
Market USP : Increasing the need to reduce or prohibit security breaches by drones.
Drone Defense System Market Drivers
Market Restraints
Drone Defense System Market Segmentation
By System
By End-User
By Region
Drone Defense System Market Key Players
Other Prominent Players
Report Attribute/Metric | Details |
---|---|
Market Size | USD 24.3 Billion (2026) |
CAGR | 35.2% (2019-2026) |
Base Year | 2019 |
Forecast Period | 2027 |
Historical Data | 2018 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | System, End-User |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Aselsan AS (Turkey), Blighter Surveillance Systems Ltd (UK), Dedrone, Inc. (US), Droneshield (US),Kelvin Hughes Limited (UK), Leonardo Spa (Italy), Precision Hawk (US), Rafael Advanced Defense Systems Ltd (Israel), Rohde & Schwarz (Germany), Thales Group (France) |
Key Market Opportunities | Hacking, Privacy, and Security Concerns |
Key Market Drivers | Rising Incidences of Security Breaches by Unidentified Drones. Increasing Terrorism and Illicit Activities Across the World. FAA Mandates for Identification of Drones |
global drone defense system market is projected to acquire a market value of USD 2.4 billion by 2030
global drone defense system market is expected to thrive at a CAGR of 28.3% by 2030
Drone Defense System Market Key Players Are : Aselsan AS (Turkey),Blighter Surveillance Systems Ltd (UK),Dedrone, Inc. (US),Droneshield (US),Kelvin Hughes Limited (UK),Leonardo Spa (Italy),Precision Hawk (US),Rafael Advanced Defense Systems Ltd (Israel),Rohde & Schwarz (Germany),Thales Group (France)
The increasing terrorism and illicit activities across the world are projected to drive the global drone defense system market.
Rohde & Schwarz (Germany), Kelvin Hughes Limited (U.K.), Rafael Advanced Defense Systems Ltd (Israel), and Dedrone, Inc. (U.S.) are some of the renowned players in the global drone defense system market.