Drone Defense System Market Trend
Drone Defense System Market Size was valued at USD 0.45 billion in 2022. The drone defense system market industry is projected to grow from USD 0.57 Billion in 2023 to USD 2.57 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 28.30% during the forecast period (2023 - 2030).
The rising incidences of security breaches by unidentified drones are primarily driving the growth of the market. Furthermore, the increasing terrorism and illicit activities across the World and FAA mandates for the identification of drones drive the growth of the Drone Defense System Market.
Market USP
Increasing the need to reduce or prohibit security breaches by drones.
Growth Opportunities in the Market
- Identification & detection systems segment accounted for the largest market share in 2019: The identification & detection systems segment accounted for the largest market share in 2019. This is due to the increasing use of drone defense systems for the identification and detection of drones in the prohibited areas
- The countermeasure systems segment is expected to register the highest CAGR during the forecast period due to the increasing use of countermeasure systems for capturing detected drones
- Military & defense segment is expected to register the highest growth in the market: The military & defense segment accounted for the largest market share in 2019 and is expected to grow with the highest CAGR during the review period. This can be attributed to the increasing defense expenditure on the development and purchasing of drone defense systems for detecting and countering enemy drones.
The Drone Defense System Market segment is expected to register a steady CAGR during the forecast period, primarily due to the increasing use of drone defense systems for detecting drones around the government facilities.
Key Players
Following is the Drone Defense System Market Players:
· 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)
Other Prominent Players
· Mistral Solutions Pvt. Ltd (India)
· Aaronia AG (Germany)
· Advanced Protection Systems Sp. Z O.O. (Poland)
· Dronelabs LLC (US)
· Orelia SAS (Peru)
· Rheinmetall AG (Germany)
· Rinicom Ltd (UK)
Drone Defense System Market Segmentation
Following is the Drone Defense System Market Segmentation:
By System
· Identification & Detection Systems
· Countermeasure Systems
By End-User
· Military
· Commercial
· Homeland Security
By Region
· North America
· Europe
· Asia-Pacific
· Middle East & Africa
· Latin America
Drone Defense System Market Research Report: Information by System (Identification & Detection Systems and Countermeasure Systems), End-User (Military & Defense, Commercial and Homeland Security) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Forecast till 2030
· Homeland Security and Emergency Management Market Research Report: Information by Installation Base (Fixed Command Centers and Deployable Command Centers), Component (Solution and Services), Platform (Land, Maritime, Airborne and Space), Application (Military, Homeland Security Cyber Protection and Commercial) and Region (North America, Europe, Asia-Pacific, Middle East Africa and Latin America) - Forecast till 2030
· Military Navigation Market Research Report: Information by Component (Hardware and Service), Application (Command, Control, Intelligence, Surveillance, Reconnaissance (ISR), Combat Security, Targeting & Guidance and Search Rescue (SAR)), Platform (Aviation, Marine, Ground and Space), Grade (Navigation Grade, Tactical Grade, Space Grade and Marine Grade) and Region (North America, Europe, Asia-Pacific and Rest of the World) Forecast till 2030
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