Drone Defence System Market: Global Top Industry Players Analysis at Worth $16,765.18 Million by 2030

[244 Pages] Drone defense system market to reach $16,765.18 million by 2030, use in Military to rise at 29.5% CAGR; Ground Stations to garner at 7% CAGR.

PORTLAND, ORAGON, UNITED STATES, September 27, 2021 /EINPresswire.com/ -- According to a recent report published by Allied Market Research, titled, “Drone Defense System Market by End User, Technology, and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global drone defense system market was valued at $2.13 billion in 2020, and is projected to reach $16.76 billion by 2030, registering a CAGR of 26.6%.

Asia-Pacific dominates the market, in terms of revenue, followed by North America, Europe, and LAMEA. U.S. led the global drone defense system market share in North America in 2020, owing to increase in R&D activities; technological developments by big players; rapid adoption of innovative technologies in making reliable, precise, and efficient drone defense systems. Asia-Pacific is expected to grow at a significant rate during the forecast period, owing to rise in instances of enemy drone being detected at military bases and security-critical places along with rise in conflicts across several countries in the region.

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By end user, the market is categorized into military, homeland security, and commercial. The military segment accounted for the highest revenue in 2020, owing to high demand for a number of reliable and efficient drone detection and countermeasure systems to block the entry of unauthorized drones inside a military base.

On the basis of technology, the drone defense system market is bifurcated into identification and detection systems and countermeasure systems. The countermeasure systems segment garnered the highest revenue in 2020, owing to rapid surge in demand for drone countermeasure machinery to destroy and incapacitate the illegal drones across the world.

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The applications covered in the study include drone mounting and ground station. The drone mounting segment accounted for the highest revenue in 2020, owing to rise in occurrences of terrorist attacks using drones and the efficiency of drone mountings in tackling issues related to the illegal entry of drones inside restricted airspaces.

Rise in drone-related incidents across the globe and the emergence of various startups offering drone defense systems are expected to drive drone defense system market during the forecast period. However, issues related with the drone defense related technologies and inefficiencies of counter drone technologies are anticipated to hamper the growth of the market. On the contrary, technological advancements in tackling drone swarms and rise in defense expenditure globally are expected to offer lucrative opportunities in future.

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COVID-19 Impact Analysis

The COVID-19 impact on the drone defense system market is unpredictable and is expected to remain in force till the fourth quarter of 2021.
The COVID-19 outbreak forced governments across the globe to implement strict lockdowns and banned import–export of nonessential items for most of 2020. This led to sudden fall in the availability of important raw materials.
Moreover, nationwide lockdowns forced manufacturing facilities to partially or completely shut their operations.
Adverse impacts of the COVID-19 pandemic have resulted in delays in activities and initiatives regarding development of reliable and innovative drone defense systems globally.

KEY FINDINGS OF THE STUDY

By end-user, the military segment is expected to register a significant growth during the forecast period.
Depending on technology, the countermeasure systems segment is anticipated to exhibit significant growth in future.
On the basis of application, the ground station segment is projected to lead the global drone defense system market, owing to higher CAGR as compared to civil segment.
Region wise, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

The key players operating in the global Drone defense system market include Aaronia AG, Aselsan AS, Blighter Surveillance Systems Ltd., Dedrone, Inc., Droneshield, Hensoldt, Leonardo S.P.A., Mistral Solutions Pvt. Ltd., Rheinmetall AG, and Rinicom Ltd.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Allied Analytics LLP
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