Global Counter UAV Market Will Surpass USD 2,041.09 Million by 2026
According to a Facts and Factors market research report, the global counter UAV market was USD 688.2 Million in 2020; further, this revenue is expected to reach around USD 2,041.09 Million by the end of 2026, increasing at a CAGR of around 19.6% from 2021 to 2026.
The counter UAV market is rapidly growing because of revolting concerns over the potential security commination from unauthorized air systems among both the peopled and military industries. A growing number of security violation incidents by such unauthorized unmanned aerial vehicles (UAVs), paired with the rise in terrorism and illegal activities, has majorly driven the market over the last few years. A sharp rise in the adoption of UAVs for professional and leisure applications has resulted in increasing concerns regarding aerial attacks among the public and government. Such threats have contributed significantly towards the evolution of counter-drone measures. Several public safety departments as well as commercial foundations across the world are increasingly deploying counter UAV systems for the sake of addressing the growing need for security.
UAVs are increasingly used for various illegal and undercover operations, such as smuggling contraband and spying. Even though many prototypes have been developed to counter one UAV at a time, key manufacturers in the market are focusing on developing advanced technological, designed base solutions to counter simultaneous threats from multiple aircraft systems.
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Top Market Players
Key players in the counter UAV market are Thales Group, Boeing, Airbus Defence and Space, Blighter Surveillance, Aaronia AG, Chess Dynamics, Enterprise Control Systems Ltd., CACI International Inc., Leonardo Spa, Raytheon Technologies Corp., SRC Inc., Lockheed Martin Saab AB, Moog Inc., L-3 Communications Ltd., Dedrone, Northrop Grumman, DroneShield, Battelle, and Israel Aerospace Industries among others.
The military & defense vertical to hold the largest share of the counter UAV market during the forecast period
The defense and military upstanding is expected to account for the largest share of the counter UAV market during the forecast period. Currently, countries are also giving significance to strengthening counter-drone measures to monitor arsonist activities, which would foster the demand for counter UAV systems in the near future. The use of drones for border trespassing, smuggling, and spying has increased more. As a result, the demand for an efficient counter UAV system is expected to rise in the coming years in the military & defense upstanding.
In June 2020, Applied Technology Associates (ATA) revealed a contract for developing a target acquisition & tracking platform for the installation of a striker military ground vehicle being a part of the U.S. Army initiative in order to increase the protection of the soldiers using laser weapons systems. Defense exhibits a higher count of usage and investment in the ongoing research & development of Counter UAS. The growing interest in countering the weaponry actions & drones or UAV information carriers sent from rivals is broadening the market outreach. The Defense sub-segment in the end-user segment accounted for a huge market share in the year 2020.
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The counter UAV market for detection and disruption application to grow at a higher CAGR during the forecast period
The counter UAV market for detection and disruption application is expected to grow at a higher CAGR during the forecast period. The growth is attributed to increased number of terrorist groups, which are demonstrating the ability to operate a wide range of drones, including armed systems. Furthermore, detection and disruption systems have major applications in the military & defense and homeland security verticals wherein the entry of any unauthorized drone in the prohibited area of a country is detected, and then, the drone is disrupted on the spot.
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