The global counter-UAV market was valued at US$1,087 million in 2021 and is projected to grow at a CAGR of 29.0% during the forecast period 2022-2032.
Rising Adoption of Kinetic Counter UAV Systems
The kinetic counter-drone approaches work by actually taking down a drone. These strategies typically cause the drone to fall to the ground quickly, making it an inappropriate countermeasure to utilise in busy locations. Although using it in busy places might not be the best idea, it might work in other circumstances. To completely eliminate drones, military forces around the world use kinetic counter-UAV technologies. It makes use of anti-drone gravity lines or nets, which are frequently launched by a UAV or compressed air. These devices support the drone's capture, neutralisation, or annihilation. There are times when unidentified drones are sent inside military boundaries to scan the area or keep an eye on the enemies' actions.
How has COVID-19 had a significant negative impact on the Counter-UAV Market?
An outbreak brought on by the SARS-CoV-2 virus destroyed several lives and businesses. Governments all around the world put in place stringent measures to counteract it, which led to the closure of numerous enterprises and stores. Many people lost their jobs, and businesses lost workers, which reduced output and affected a lot of businesses. All of these factors contributed to the pandemic's negative impact on the Counter UAV market. The number of new projects worldwide is declining, which has caused a decline in demand for counter-UAV. Since workers cannot leave their homes, counter UAV Technology companies around the world are unable to meet demand. Furthermore, previously possible counter-UAVs cannot be transferred due to travel restrictions and interruptions in the global supply chain. The demand for Counter UAVs will also decline due to postponed purchases, staff limitations, and cross-border commerce constraints. Covid-19 has a short-term impact on the market, but production and supply of these commodities are expected to rise if the situation becomes better.
Market forecasts by Region, Technology, Propulsion, Endurance, MTOW, Range, Launching system, Application, and End User. Market and Technologies Overview, Market Dynamics, Events Forecast, and Leading Companies
Published: July 2021 - Pages: 270 pagesDownload free sample pages
How will this Report Benefit you?
This 520-page report provides 360 tables and 355 charts/graphs. Our new study is suitable for anyone requiring commercial, in-depth analyses for the global counter-UAV market, along with detailed segment analysis in the market. Our new study will help you evaluate the overall global and regional market for Counter-UAV. Get financial analysis of the overall market and different segments including vertical, interdiction, technology, platform and company size and capture higher market share. We believe that there are strong opportunities in this fast-growing counter-UAV market. See how to use the existing and upcoming opportunities in this market to gain revenue benefits in the near future. Moreover, the report will help you to improve your strategic decision-making, allowing you to frame growth strategies, reinforce the analysis of other market players, and maximise the productivity of the company.
What are the Current Market Drivers?
Rising Incidences Of Security Breaches By Unidentified Drones
In recent years, drones have been utilized more and more for aerial photography, search and rescue missions, agricultural, and surveillance and monitoring. A number of nations, including the US, Brazil, and China, have passed laws regulating and limiting the use of drones. Unknown drones have violated security at several places, including military installations, airports, and jails. As a result, the market for drone defence systems has experienced a significant increase in demand.
The Advancements in the Capabilities of UAVs
A fixed-wing, rotary-wing, or airship platform that is capable of maintaining flight along a specified path without the aid of an on-board pilot is referred to as a UAV. A few applications of UAV technology include environmental monitoring and protection, meteorological surveillance and weather research, agriculture, mineral exploration and exploitation, aerial target systems, airborne surveillance for military field operations, and reconnaissance missions. Unmanned small-scale helicopters are perfect for challenging jobs like traffic or volcanic region surveillance, thorough area mapping, video footage recording, and crop dusting or spraying because they don't require a runway.
Where are the Market Opportunities?
Need to Develop Versatile and Scalable Anti-Drone Systems
When drone identification criteria aren't too strict or to protect minor sites, counter UAV systems with a limited range can be used. The system is equipped with the bare minimum needed to identify unmanned aerial vehicles (UAVs) at close ranges of under 200 metres. The compact anti-drone system comprises of a server, proprietary software, and up to 32 video cameras (four for minor installations like sports stadiums, up to 32 for larger ones like individual buildings). The programme employs particular algorithms to identify drones and tell them apart from birds in order to reduce false alarms. The compact anti-UAV system may be updated and used with RF detectors to pick up drone control signals (such as DroneWatcher).
Source: ASDReports - Market Research
Date: Jul 26, 2022
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