The Counter-UAV market comprises of systems which are used to detect and disrupt suspected UAVs entering into a specified territory. One of the important parameters driving the growth of the counter-UAV market is the growing number of security breach incidences by unidentified UAVs. Also, increased terrorism and illicit activities are acting as a growth indicator to this market. The counter-UAV industry is undergoing various research and development activities to ensure safety and security through detection, monitoring and disruption of suspected UAVs. Market players are making enormous efforts to make their systems more efficient in terms of accuracy and functionality.
The market is quantified by considering the procurement of Counter-UAV systems for military as well as commercial applications. The market assessment also considers the research and development costs for Counter-UAV systems. Considering the global counter-UAV market scenario, we estimate that the market started commercializing from the year 2016, and actual pace in the demand was seen post 2017. This was because various companies were still involved in the research and development phase and yet to introduce advanced counter-UAV technology in the market in a comprehensive manner. This report evaluates spending within the Counter UAV market, and forecasts its future growth between 2019 and 2029.
Leading companies featured in the report who are developing counter UAV systems includes Airbus, Boeing, IAI, Lockheed Martin, Northrop Grumman, Hensoldt, SAAB, Thales and White Fox.
Source: ASDReports - Market Research
Date: Jul 12, 2019