In the light of recent attacks on the Abqaiq and the Khurais oil plants that reduced the world’s crude production to half, highlights the increasing need for counter unmanned aeriel system (UAS) or anti-drone technology. Counter UAS or anti-drone or C-UAS is a system that is used for detecting, fixing, tracking, intercepting, and neutralizing unmanned aircrafts. Owing to the growing concern related to potential security threat from drones to the people.
Over the past decade the market for drones has been growing rapidly, owing to the low pricing of the products and the increasing number of applications, including agriculture inspections, disaster management, and photography. However, the increased adoption of drones has led to certain incidents, including threat to infrastructure, military bases, and individuals, among others. With the help the counter drone technology, it becomes easier to scan and identify such drones and neutralize the threat if need be. At present, the anti-drone technology is at a growing stage and the organizations are in the process of developing systems that can be synchronized with different technologies and control a variety of situations.
Based on the market intelligence report published by BIS Research, titled ‘Global Counter-UAS (Anti-Drone) Market – Analysis and Forecast, 2019-2024’, the anti-drone market was valued at $785.8 million in 2018 and is projected to reach $1974.6 million by 2024. The market is expected to grow at a CAGR of 16.83% during the forecast period from 2019-2024.
The growth of the market is driven by rising consumerism and proliferation of drone technology and growing need to protect intellectual property rights. In addition, the market opportunities present have the potential to boost the growth of anti-drone technology. These include attractive business opportunities for the companies offering drone detection solutions and innovation in the product offerings.
On the other hand, there are certain factors that are impeding the growth of the market. These restraining factors include, legal issues surrounding counter drone technology, challenge of selectivity and sensitivity of drones, and interdiction hazards.
Based on the market intelligence report by BIS Research, the anti-drone market is segmented on the basis of technology, application, end user, platform, and region. The technology segment of the market is categorized into electronic system, kinetic system, and laser system. Among the three technologies, electronic system is leading the segment with a contribution of 76.88% in 2018 and is projected to dominate the segment by 2024.
Detection and interdiction are the sub-categories of the application segment of the market. The detection-based drones are programmed to detect the drones based on radio frequency, radar, electro-optical, acoustic, and others. On the other hand, interdiction application based drones are based on jamming (rf/gnss), spoofing, laser, and net launchers. In 2018, detection drones are leading the application segment and is projected to lead the market in 2024 as well.
Further, defense, commercial, and homeland security are the sub-segments of the end user segment of the antidrone market. The platform segment of the anti-drone market is further categorized into ground-based, hand-held, and UAV-based. Lastly, North America, Europe, Asia-Pacific, and Rest-of-the-World (ROW). North America is leading the market with maximum contribution to the total revenue generated in 2018.
Some of the major players operating in the market include Airbus S.A.S, Lockheed Martin Corporation, The Boeing Company, L3 Harris Technologies, Thales Group, Dedrone GmbH, DroneShield, Blighter Surveillance Systems, Chess Dynamics, DeTect Inc., and Liteye Systems, Inc..
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