Drone deterrence system market is anticipated to grow at double-digit CAGR during the forecast period on account of increasing incidences of close encounters of commercial aircraft with drones. Additionally, events of security breaches and intrusion are contributing to the increasing demand for restricting the movement and entry of drones, which is driving the drone deterrence market, globally.
Drone deterrence system market can be segmented based on mitigation type, defense type, end user and region. In terms of end user, market can be segmented into military & defense, government, among others. On account of increasing utilization of drones in spying, smuggling and trespassing at order; military and defense is anticipated to account for the largest share in the coming years. On the basis of mitigation type, market can be bifurcated into destruction and non-destruction. Destruction is the largest revenue generating segment as systems in this category can cause serious damage to drones using combination of missile effectors, electronic countermeasure and laser system, causing UAV to crash to the ground.
In terms of regional analysis, North America is likely to account for the major share as several companies manufacturing counter drone systems have their presence in the region. United States is expected to register significant adoption of this technology due to increasing terrorist attacks and surging use of drones for security breaches.
In order to counter illegal activities of drones, companies are developing UAV mitigation technologies. Few of companies operating in the drone deterrence system market include Advanced Radar Technologies S.A., Dedrone, Blighter Surveillance Systems Ltd., DeTect, Inc., Droneshield Ltd., Israel Aerospace Industries Ltd. (IAI), Lockheed Martin Corporation, Raytheon Company, Thales Group, Saab Ab, among others. Companies operating in this growing market are using strategies such as partnership and new product development in order to capitalize on the emerging market opportunities. Like, in 2018, Lockheed Martin received contracts from US Army awarded for the development of high-energy laser tactical vehicle demonstrator and anti-drone systems.
Years considered for this report
Historical Years2014-2017
Base Year2018
Estimated Year2019
Forecast Period2020–2024
Objective of the Study
- To analyze and forecast the market size of global
Drone Deterrence System market in terms of value.
- To forecast global Drone Deterrence System market
based on product, application, material and regional distribution.
- To identify drivers and challenges for global Drone
Deterrence System market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions etc. in global
Drone Deterrence System market.
- To conduct the pricing analysis for global Drone
Deterrence System market.
- To identify and analyze the profile of leading
players operating in the global Drone Deterrence System market.
Click here to download the sample
MIR performed both primary as well as exhaustive secondary research for this study. Initially, MIR sourced a list of drone deterrence system manufacturers across the globe. Subsequently, MIR conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, MIR could include the suppliers which could not be identified due to the limitations of secondary research.
MIR calculated global drone deterrence system market size using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. MIR sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by MIR.
Key Target Audience
- Drone Deterrence System manufacturers,
suppliers and other stakeholders
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to Drone Deterrence System market
- Market research and
consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as solution providers and partners, end users etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
