Global Anti-Drone Market Estimated to Grow at A CAGR of 23.89%

Date: 2016-03-04

“The global anti-drone market estimated to grow at a CAGR of 23.89%”
The global anti-drone market is expected to reach USD 1.14 billion by 2022, growing at a CAGR of 23.89% between 2017 and 2022. The anti-drone systems are being adopted on the large scale by various verticals to protect against unidentified drones entering into the premises, thereby causing security concerns. In the coming years, counter drones technology would play a very crucial role fighting the drone strikes and the spying drones.  The key factors driving the anti-drones market are increased security breach incidences by the unidentified drones and increased terrorism and illicit activities. 

“Asia-Pacific estimated as the fastest growing region in Anti drone market during the forecast period”
North America is expected to capture largest market share in 2016. The APAC market is expected to grow at the highest CAGR in the anti-drone market. Many of the countries considered under APAC region are developing countries, wherein, the number of commercial places such as public venues, critical infrastructures and private properties is increasing and the public security at such commercial places is a key driver for the APAC market. 

“The market share of the electronics system is expected to grow rapidly by 2022”
The electronics system market is expected to grow at the highest CAGR between 2017 and 2022. Electronics systems are expected to grow at the highest CAGR because of its capability of detecting suspected drones and sending information to the concerned authority or disrupting it without causing any damage to the public. Electronics anti-drones systems are best suited at public places and are expected to available at low cost as compared to laser and traditional systems. 

The key players in the anti-drone market are the Boeing Company (U. S.), Airbus Group SE (Netherlands), Saab AB (Sweden), Blighter Surveillance Systems (U. K.), and Lockheed Martin Corporation (U. S.)

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