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| Source: FACT.MR
Paris, Nov. 09, 2022 (GLOBE NEWSWIRE) -- The global anti-drone market size is estimated at US$ 1.1 Billion in 2022 and is predicted to top a market valuation of US$ 7.4 Billion by 2032, expanding at a stupendous CAGR of 20.9% from 2022 to 2032. Anti-drone system sales account for around 4% share of the global drone market globally; however, penetration is expected to increase rapidly in parallel to the increasing unit sales of drones across the world.
Anti-drone solutions have a wide range of applications in different end-use sectors such as homeland security, military & defense, airport operations, commercial security service providers, critical infrastructure owners, and others. An increase in aerospace and defense spending and rapidly rising utilization of counter drone technology due to lowering costs are projected to drive the sales of anti-drone systems at a high rate over the decade. Rapidly rising use of long-range acoustic devices (LRAD) and concealed threat detection systems as a reliable choice for safety is likely to drive market expansion throughout 2022-2032.
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Key Takeaways from Market Study
Competitive Landscape
Key manufacturers of anti-drone systems are constantly innovating to meet new challenges that are evolving daily. Prominent market players are focusing on a competitive market pricing strategy, which includes the installation of integrated systems along with high-end software.
Anti-drone companies are entering into collaborations and partnerships with governments and end-use industries for increasing the installation rate of anti-drone systems. Owing to the high need for security and rising drone demand, manufacturers are witnessing positive demand for military anti-drone technology.
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Key Companies Profiled
Key Segments Covered in Anti-Drone Industry Survey
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Table of Content
1. Anti-Drone Market - Executive Summary
2. Market Overview
2.1. Market Definition and Introduction
2.2. Market Taxonomy/ Research Scope
3. Market Background and Foundation Data
3.1. Global Military & Defense Sector Outlook
3.2. Global Aerospace Industry Whereabouts
3.3. Global Commercial Security Market Outlook
3.4. Government Spending on Airspace Defense, Key Countries
3.5. Summary Homeland Security Across key Countries
3.6. Global Airports Infrastructure Market Outlook
4. Global Anti-Drone Market Value (US$ MN) Analysis and Forecast
More Valuable insigh ts Available
Fact.MR, in its new offering, presents an unbiased analysis of the anti-drone market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2032.
The study divulges essential insigh ts on the anti-drone market by Component (Drone Detection Equipment, Drone Neutralization Equipment, Concealed Threat Detection Systems, Long-range Acoustic Devices & Software) By Range (< 200 Mtr Anti-Drone Systems, 200 Mtr - 1 Km Anti-Drone Systems, 1 Km - 4 Km Anti-Drone Systems, 4 Km - 20 Km Anti-Drone Systems, > 25 Km Anti-Drone Systems) By End-User (Homeland Security Departments, Military & Defense Departments, Airport Operators, Commercial Security Service Providers, Critical Infrastructure Owners, Others (not classified in any of the above categories)) By Region - Global Forecast 2022-2032
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Drone Accessories Market - Demand for drone accessories across the world stood at around US$ 15 billion in 2021, accounting for 53.2% share of the global drone market in terms of value. The global drone accessories market is currently valued at US$ 17.5 billion and is set to top US$ 115 billion by 2032, expanding at an astonishing CAGR of around 20.7% from 2022 to 2032.
Commercial Drones Market - The global commercial drones industry was valued at US$ 5.2 Billion in 2021, and is scheduled to register a Y-o-Y growth rate of 13.5% in 2022, being valued at US$ 5.9 Billion. From 2022-2032, the industry is projected to flourish at a 9.2% value CAGR, expected to reach a market value of US$ 14.2 Billion. Overall, a dollar opportunity worth US$ 8.3 Billion is projected throughout the period of assessment.
RF Power Amplifier Market - The global RF power amplifier market is expected to reach a market valuation of US$ 5.28 billion in 2022 and progress at a high-value CAGR of 15% to end up at US$ 21.38 billion by 2032. Sales of RF power amplifiers accounted for around 23% share of the global power amplifiers market at the end of 2022.
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