by The anti-drone market comprises technologically advanced systems that can efficiently detect and neutralize unauthorized or hostile drones. Anti-drone systems provide effective surveillance and protection at public places like airports, military installations, prisons, and sensitive infrastructure against illicit drone activities. They ensure critical assets and personnel safety from any aerial threats. The global ANTI-DRONE Market is estimated to be valued at US$ 1493.16 Mn in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Growing security and privacy concerns due to increased illicit drone activities across the world have propelled the demand for anti-drone systems. Law enforcement and defense organizations are widely adopting anti-drone technologies to prevent security breaches, illegal surveillance, and terrorist attacks using unauthorized drones. For instance, detection of drones near airports or critical infrastructure raises high-level security issues. Advanced anti-drone solutions can accurately recognize and intercept hostiles drones without hampering regular commercial drone operations. The incorporation of technologies such as RF detection, radar detection, audio detection, and optical cameras in anti-drone systems provides effective surveillance against unlawful drones.
SWOT Analysis
Strength: The anti-drone market technology helps to effectively detect and identify unauthorized drones. This strengthens security systems.
Weakness: High costs associated with the development and deployment of advanced anti-drone technology can limit adoption. Limited effectiveness against small low-flying drones pose challenges.
Opportunity: Increased investments from governments and private sectors to monitor critical spaces like airports, power plants drives market growth. Rising incidences of misuse of drones for unlawful activities boosts demand.
Threats: Stringent regulations for the use of anti-drone systems raise compliance issues. Evolution of drone technologies may reduce effectiveness of countermeasure solutions over time.
Key Takeaways
The global ANTI-DRONE Market demand is expected to witness high growth.
Regional analysis: Anti-drone systems are seeing increased demand across regions due to growing security concerns. North America dominates currently due to extensive research and frequent procurements by defense agencies and commercial airport operators in the US and Canada. Asia Pacific is emerging as a fast growing regional market with countries like India and China significantly raising security budgets for countering unlawful drone activities.
Key players operating in the ANTI-DRONE Market are IBM Corp. (TRIRIGA), Figbytes Inc., Schneider Electric, Gensuite LLC, SAP SE, Envizi, ICONICS, Inc., Ecova, Inc. Urjanet, Verisae, Inc., Thinkstep, UL EHS Sustainability, Enablon, Sphera, CA Technologies, and Accuvio. Major players are focused on developing innovative drone detection solutions like counter-UAV radar and RF sensing to detect small drones effectively and also offer comprehensive drone security platforms with features like identification, tracking and mitigation. Strategic collaborations between technology providers and system integrators are also witnessed to offer customized anti-drone security solutions.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
