FACTS AT A GLANCE
Edition: 7; Released: April 2021
Executive Pool: 4611
Companies: 11 – Players covered include Battelle Memorial Institute; Blighter Surveillance Systems Ltd.; Dedrone, Inc.; DeTect, Inc.; DroneShield Limited; Israel Aerospace Industries Ltd.; Liteye Systems Inc.; Lockheed Martin Corporation; Northrop Grumman Corporation; Raytheon Company; SAAB AB; SCG Security & Counterintelligence Group LLC; SRC, Inc.; Thales Group; Theiss Uav Solutions, LLC. and Others.
Coverage: All major geographies and key segments
Segments: Technology (Laser System, Kinetic System, Electronic System); Vertical (Military & Defense, Homeland Security, Commercial)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Anti-Drone Technology Market to Reach $2.8 Billion by 2026
Amid the COVID-19 crisis, the global market for Anti-Drone Technology estimated at US$623.4 Million in the year 2020, is projected to reach a revised size of US$2.8 Billion by 2026, growing at a CAGR of 25.9% over the analysis period. Laser System, one of the segments analyzed in the report, is projected to record a 27.2% CAGR and reach US$1.5 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Kinetic System segment is readjusted to a revised 25.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $245.3 Million in 2021, While China is Forecast to Reach $438 Million by 2026
The Anti-Drone Technology market in the U.S. is estimated at US$245.3 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$438 Million by the year 2026 trailing a CAGR of 25.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 23.1% and 22.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 18.1% CAGR.
Electronic System Segment to Reach $829.1 Billion by 2026
In the global Electronic System segment, USA, Canada, Japan, China and Europe will drive the 24.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$155.6 Million in the year 2020 will reach a projected size of US$719.2 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$186.2 Million by the year 2026. More
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