Counter UAS Market: Information by Type (Detection & Tracking Systems and Intercepting Systems), by Platform (Ground-Based, Hand-Held and UAV-Based), by End-User (Military and Civil), and by Region — Global Forecast till 2023
Counter UAS Market – Overview
The amplified focus on improving a nation’s ability to counteract a hostile event by drones has raised the advancement of counter UAS market. Reports that evaluate the aerospace and defense industry have been made available by Market Research Future which creates reports on several industry verticals that review the market growth and prospects. The market is anticipated to increase with a CAGR of more than 20% in the forecast period.
The use of UAVs has risen substantially due to intensifying homeland security, military, commercial operations, and critical infrastructure. Furthermore, the fundamental need to fend off security infringements by drones in urban areas and growing occurrences of asymmetric warfare. Also, the rise in military spending budgets globally is expected to generate promising opportunities in the impending years.
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Leading Players
The significant companies in the counter UAS market are-
- DeTect Inc. (US)
- Drone Defence Services Ltd. (UK)
- DroneShield Limited (Australia)
- Saab AB (Sweden)
- Blighter Surveillance Systems Ltd. (UK)
- Israel Aerospace Industries Ltd. (Israel)
- Liteye Systems Inc. (US)
- Lockheed Martin Corporation (US)
- Dedrone Inc. (US)
- Northrop Grumman Corporation (US)
- QinetiQ Group plc (UK)
- SCG Security & Counterintelligence Group LLC (Switzerland)
- Raytheon Company (US)
- Thales SA (France)
- Theiss UAV Solutions LLC (US)
Recent Industry Updates:
Apr 2019 The UK Ministry of Defense (MoD) has recently unveiled a competition to request strong and cost-effective next-generation results to attack the future threats presented by drones. The £2m race is led by the Defense and Security Accelerator (DASA), the MoD’s innovation wing, and is the newest stage in Defense Science and Technology Lab’s (Dstl) continuing research programme into countering unmanned aerial systems (UAS). The firms in the defense industry have been invited to submit proposals to counteract the risks posed by hostile drones to the defense and security of the UK both at home and abroad.
Segmental Analysis
The segmentation of the counter UAS market is carried out on the basis of type, platform, end-user, and region. On the basis of type, the counter UAS market comprises of intercepting systems and detection & tracking systems. Based on the platform, the counter UAS market is segmented into hand-held, ground-based, and UAV-Based. The end-user based segmentation of the counter UAS market comprises of civil and military. The regions included in the counter UAS market are North America, Europe, Latin America, Middle East, Asia Pacific, and Africa.
Detailed Regional Analysis
The regional examination of the counter UAS market comprises of North America, Europe, Latin America, Middle East, Asia Pacific, and Africa. The North American region is likely to be responsible for the principal share during the forecast period. The North American region which includes the US and Canada is growing considerably. The focus by law enforcement and other homeland security agencies on obtaining these systems, in recent years, have led to a rise in the market observing an important surge in demand, in this region. Additionally, the installation of such systems at airports and other significant infrastructures, which will additionally expand the scope of the market in the region.
Competitive Analysis
The operating environment in the market is leading to industrious growth in the market. Moreover, the growing business needs in the market are creating a favorable backdrop for change. The development of the product portfolio motivates the elasticity of demand in the market. The budget elements in the expenses of the competitors in the market are becoming more dynamic. The factors for change are encouraging the development of the market. The competency of the market is bolstered by the reconditioned nature of the assets existing in the market. The commitment to dealing with the obstacles in the market by the competitors has considerably improved in recent times. Furthermore, the improvement in the economic environment is expected to boost growth in the market. A fortified growth stride is detected in the market owing to the helpful effect applied both internally and externally by significant driving factors.
Report Key Insights
Market Sizing, Forecast and Analysis: Detailed coverage on market segment and its sub segments
Regional / Country Trend and Forecast: Detailed analysis on North America, Asia Pacific, Europe, Middle East & Africa, and Latin America, along with key countries in each of the regions
Market dynamics intelligence: Market drivers, opportunities, trends, restraints, Porter’s five forces, supply chain & value chain analysis
Technology Trend, Regulatory Landscape, and Patent Analysis Outlook
Competitive Intelligence: Market share analysis, financial analysis, product benchmarking, strategic developments including JVs, Product Launch, and M&A
Regional attractiveness and related growth opportunities
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Research Methodology
The market numbers and forecast derived were the outcome of our disciplined research methodology which includes secondary research, primary interviews, followed by data triangulation and validation from our in-house data repository and statistical modeling tools.
Primary Research
In this process, both demand side and supply side parties were involved to extract genuine facts and insights about market forecast, production, trend, and projected market growth. Industry stakeholders such as CEOs, VPs, directors, and marketing executives across the value chain have been approached to obtain key information.
Secondary Research
In this process, the data collection was done through various secondary sources, which included annual reports, SEC filings, journals, government association, Aerospace & Defense magazines, white papers, corporate presentations, company websites, some paid databases and many others.
Table of Contents
1. Executive Summary
1.1. Market Attractiveness Analysis
1.1.1. Global Counter Uas Market, by Type
1.1.2. Global Counter Uas Market, by Platform
1.1.3. Global Counter Uas Market, by End-user
1.1.4. Global Counter Uas Market, by Region
2. Market Introduction
2.1. Market Definition
2.2. Scope of the Study
2.3. Market Structure
2.4. Key Buying Criteria
2.5. Market Factor Indicator Analysis
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
3.6. List of Assumptions
Continued……..
List of Tables
Table 1 Global Counter Uas Market, by Region, 2018–2023
Table 2 North America: Counter Uas Market, by Country, 2018–2023
Table 3 Europe: Counter Uas Market, by Country, 2018–2023
Table 4 Asia-pacific: Counter Uas Market, by Country, 2018–2023
Table 5 Rest of the World: Counter Uas Market, by Region, 2018–2023
Table 6 Global Counter Uas, Platform Market, by Region, 2018–2023
Table 7 North America: Counter Uas, Platform Market, by Country, 2018–2023
Table 8 Europe: Counter Uas, Platform Market, by Country, 2018–2023
Continued……….
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top-down & Bottom-up Approaches
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
Continued………
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