Date: Apr 2023
Date: Apr 2023
The Market Statsville Group (MSG) publishes the new report on the "Counter UAS Market by Component (Hardware (Equipment), Software (Command & control solution), Professional Services), by System Type, by Detection Technology, by Neutralization Technology, by System Mobility, by Application, By Region – Global Share and Forecast to 2033
According to the Market Statsville Group (MSG), the global counter UAS market size is expected to grow from USD 9,116.95 million in 2022 to USD 17,669.30 million by 2033, at a CAGR of 6.2% from 2023 to 2033.
The counter UAS market consists of sales of counter UAS services by entities (organizations, sole traders, and partnerships). As asymmetric warfare becomes more prevalent in the global military industry, governments in both developed and emerging countries are emphasizing soldier upgrading. Modernization plans include providing soldiers with upgraded combat capabilities such as updated vehicle fleets and countermeasure systems. Counter-UAV systems are one of the most important components of soldier modernization in the majority of defense forces. Several military authorities in both developed and developing countries have boosted their investment in counter-UAV equipment throughout the years. The market for counter-UAV systems is likely to increase over time as the threat of UAV-based assaults grows. The rise in the manufacturing of small and easily affordable drones also increases the market demand, thereby boosting the counter UAV market growth. On the other hand, high R&D investment and maintenance costs have hindered the market growth over the forecast period all over the globe.
The overall counter UAS market has been segmented into component, system technology, detection technology, neutralization technology, system mobility, application, and region.
Detection Systems segment is expected to grow at the highest CAGR during the forthcoming period. The detection systems employ a variety of approaches for detecting and identifying drones, such as radar reflectance, the appearance of a certain photon and the accompanying magnetic field, as well as auditory and electromagnetic emissions. Because of the growing amount of security breaches globally, these programmers are in high demand. To fulfil this expanding need, leading counter-drone technology suppliers and system manufacturers provide a wide range of tracking, diagnostic equipment, and expert detection. Acoustic sensors, perimeter detection and monitoring radars, video and infrared systems, and RF spectrum analyzers are among the technologies available.
Over the forecast period, the Asia Pacific market is expected to grow rapidly. Its expansion might be ascribed to a surge in government spending for the construction of aviation and defense facilities in several nations, particularly China and India. Around the area, several institutions and enterprises, including China National Nuclear Corporation, the Beijing Institute of Technology, and Nova Sky, are forging alliances to focus on R&D to fight UAS technology, which increases regional market size. Furthermore, Asia Pacific is a region rife with major political disputes, thus governments in the region are continuously striving to modernize their security systems and troops. For example, China has a political issue with India and its many neighboring countries, thus the country has begun to bolster its armies and defense systems.
This research report includes a study on the development and marketing strategies, along with a study on the product portfolios and winning strategies of the leading companies operating in the counter UAS market. It also consists of the profiles of leading companies such as Aaronia AG, Advanced Protection System, ApolloShield, Aselsan, Avnon group, CENTUM Digital, CERBAIR, Citadel Defense, NSO Group, Counter Drone Solutions, Dedrone Holdings, Inc., Delft Dynamics, DeTect, Inc., D-Fend Solutions AD Ltd., Diehl Defence, Drone Detect Sys, DroneShield, ESG, HP Marketing & Consulting Wüst GmbH, IGP BV, Lockheed Martin, MyDefence, OpenWorks Engineering, Operational Solutions (UK), QinetiQ, Raytheon Technologies Corporation, Robin Radar Systems, Rohde & Schwarz, Squarehead Technologies, SRC, Inc., TeleRadio Engineering Pte Ltd. and TRD Consultancy Pte Ltd. The key players' growing research and development activities for launching innovative healthcare devices with advanced features and strategic unions are expected to drive market growth.
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