08.11.2019 Views

Counter UAS Market

Global Counter UAS Market: Information by Technology (Laser Systems, Kinetic Systems, and Electronic Systems), Platform (Air, Ground, and Naval), System Configuration (Portable, Vehicle-Mounted, Standalone), End Use (Military & Defense, Commercial and Homeland Security), Application (Detection [Radar, RF Scanners, EO/IR and Acoustic System] and Interdiction [Jammers, Spoofing, Laser and Nets]) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Forecast till 2024

Global Counter UAS Market: Information by Technology (Laser Systems, Kinetic Systems, and Electronic Systems), Platform (Air, Ground, and Naval), System Configuration (Portable, Vehicle-Mounted, Standalone), End Use (Military & Defense, Commercial and Homeland Security), Application (Detection [Radar, RF Scanners, EO/IR and Acoustic System] and Interdiction [Jammers, Spoofing, Laser and Nets]) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Forecast till 2024

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

<strong>Counter</strong> <strong>UAS</strong> <strong>Market</strong> Research Report By<br />

Forecast To 2024<br />

Industry Survey, Growth, Competitive Landscape<br />

and Forecasts to 2024<br />

PREPARED BY<br />

<strong>Market</strong> Research Future<br />

(Part of Wantstats Research & Media Pvt. Ltd.)


2<br />

www.marketresearchfuture.com<br />

<strong>Counter</strong> <strong>UAS</strong> <strong>Market</strong> Forecast To 2024<br />

<strong>Counter</strong> <strong>UAS</strong> <strong>Market</strong> Overview<br />

The Global <strong>Counter</strong>-<strong>UAS</strong> <strong>Market</strong> is expected to reach USD 2,235.1 Million by 2024, expanding at a CAGR of 28.50% during<br />

the forecast period.<br />

The counter-<strong>UAS</strong> providers are investing heavily in advanced technologies to offer enhanced security and detection<br />

capabilities to the armed forces. For instance, the SkyWall 100 system by <strong>Counter</strong> Drone Solutions, an Australia-based<br />

company, has an onboard artificial intelligence (AI) computer that can identify a drone and analyze its movements to ensure<br />

capture. This shoulder-mounted system uses compressed air to fire a net, which ensures that the drone doesn’t break as it<br />

guides back down to ground. The SkyWall 100 can be reloaded quickly and easily to capture multiple drones in less time.<br />

In March 2019, Raytheon UK, a subsidiary of Raytheon Company, announced plans to open its new office in London and a<br />

manufacturing facility in Scotland to develop innovative solutions for the global defense market.<br />

In August 2018, Raytheon Company invested USD 72 million for the development of its new facility at its Andover,<br />

Massachusetts, US. The company aims at developing advanced radar technology at the new facility.<br />

Free Report Sample @<br />

https://www.marketresearchfuture.com/sample_request/7430


<strong>Counter</strong> <strong>UAS</strong> <strong>Market</strong> Forecast To 2024<br />

The global counter-<strong>UAS</strong> market has been segmented by technology, platform, system configuration, end use, and<br />

application.<br />

By technology, the global counter-<strong>UAS</strong> market has been segmented into laser systems, kinetic systems, and electronic<br />

systems. The electronic systems segment is projected to dominate the market during the forecast period. The segment was<br />

valued at USD 277.2 million in 2018 and is expected to reach USD 1,187.0 million by 2024. However, the laser systems<br />

segment is anticipated to expand at the highest CAGR. The segment is expected to reach USD 709.0 million by 2024,<br />

exhibiting the highest CAGR of 30.13% during the forecast period. A laser system is a type of directed-energy weapon (DEW)<br />

that damages its target with highly focused energy. The use of laser systems has been increasing for countering enemy <strong>UAS</strong>.<br />

For instance, the US Marine Corps tested a prototype for a vehicle-mounted laser weapon that can be used by soldiers on<br />

the ground to counter enemy drones. The kinetic system segment is projected to exhibit a CAGR of 29.02% during the<br />

forecast period.<br />

Based on platform, the global counter-<strong>UAS</strong> market has been divided into air, ground, and naval. The ground segment led the<br />

market with a value of USD 271.7 million in 2018 and is expected to reach USD 1,235.8 million by 2024. Ground-based<br />

systems are designed to be used from either stationary or mobile positions on the ground. This segment includes counter-<br />

<strong>UAS</strong> systems that are installed at fixed sites, mobile systems, and systems mounted on ground vehicles. The naval segment<br />

is expected to register a 28.56% CAGR during the forecast period.<br />

On the basis of system configuration, the global counter-<strong>UAS</strong> market has been classified as portable, vehicle-mounted, and<br />

standalone. The standalone segment accounted for the largest market share in 2018. However, the portable segment is<br />

expected to register the highest CAGR of 31.92 % during the forecast period. Portable counter-<strong>UAS</strong> systems offer benefits<br />

such as compact size, light weight, and ease in carrying. Furthermore, these systems can be housed in a backpack for onthe-go<br />

missions.<br />

In terms of end use, the global counter-<strong>UAS</strong> market has been categorized into military and defense, commercial, and<br />

homeland security. The military and defense segment dominates the market. The segment was valued at USD 342.4 million<br />

in 2018.<br />

3<br />

Segmental Analysis<br />

www.marketresearchfuture.com


<strong>Counter</strong> <strong>UAS</strong> <strong>Market</strong> Forecast To 2024<br />

Segmental Analysis<br />

However, the commercial segment is expected to register the highest CAGR during the forecast period. The segment is<br />

projected to expand at a CAGR of 31.28% during the forecast period. In commercial environments, counter-<strong>UAS</strong> systems are<br />

used for airspace protection at airports and stadiums.<br />

On the basis of application, the global counter-<strong>UAS</strong> market has been bifurcated into detection and interdiction. The<br />

detection segment has been sub-segmented into radar, RF scanners, EO/IR, and acoustic system. The interdiction segment is<br />

further divided into jammers, spoofing, lasers, and nets. The interdiction segment is anticipated to expand at a higher CAGR<br />

during the forecast period. Interdiction is a method of disrupting the operations of detected <strong>UAS</strong> by jamming, spoofing,<br />

destroying, or catching.<br />

Regional Analysis<br />

By region, the global counter-<strong>UAS</strong> market has been segregated into North America, Europe, Asia-Pacific, the Middle East &<br />

Africa, and Latin America.<br />

The market in North America was valued at USD 227.6 million in 2018. The presence of major market players, such as<br />

Raytheon Company, Northrop Grumman Corporation, and Lockheed Martin Corporation, is expected to drive the market<br />

growth in North America. The regional market is estimated to expand at a CAGR of 27.09% during the forecast period.<br />

Europe is projected to be a major market for counter-<strong>UAS</strong> during the review period. The regional market is expected to<br />

reach USD 595.6 million by 2024, expanding at a CAGR of 28.21% during the forecast period. Asia-Pacific is projected to be a<br />

key region for the market during the review period. The market in the region is expected to reach USD 400.8 million by<br />

2024, expanding at a CAGR of 32.87% during the forecast period.<br />

4<br />

www.marketresearchfuture.com


5<br />

www.marketresearchfuture.com<br />

<strong>Counter</strong> <strong>UAS</strong> <strong>Market</strong> Forecast To 2024<br />

Competitive Analysis<br />

Prominent players in the global counter-<strong>UAS</strong> market include Boeing (US), Saab AB (Sweden), Lockheed Martin Corporation<br />

(US), IAI (Israel), Northrop Grumman Corporation (US), Rheinmetall AG (Germany), Raytheon Company (US), DroneDefence<br />

(UK), L3Harris Technologies, Inc. (US), and Elbit Systems Ltd (Israel).<br />

Other companies profiled in the report are Thales Group (France), Blighter Surveillance Systems Ltd (UK), ROHDE&SCHWARZ<br />

(Germany), DRONESHIELD (US), Rafael Advanced Defense Systems Ltd (Israel), HENSOLDT (Germany), ASELSAN AS (Turkey),<br />

Babcock International Group PLC (UK), Black Sage (US), BSS Holland BV (Netherlands), Cobham Antenna Systems (UK), Diehl<br />

Stiftung & Co. KG (Germany), Leonardo SpA (Italy), and Liteye Systems, Inc. (US).<br />

Browse Report @<br />

https://www.marketresearchfuture.com/reports/counter-uas-market-7430


6<br />

www.marketresearchfuture.com<br />

ABOUT US<br />

MARKET RESEARCH FUTURE<br />

At <strong>Market</strong> Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report<br />

(CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and <strong>Market</strong> Research & Consulting<br />

Services.<br />

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research<br />

studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments,<br />

enable our clients to see more, know more, and do more, which help to answer all their most important questions.<br />

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and<br />

industrial visits for its research analyst members.<br />

For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com<br />

Copyright © 2018 <strong>Market</strong> Research Future<br />

All Rights Reserved. This document contains highly confidential information and is the sole property of <strong>Market</strong> Research Future. No part of it may be<br />

circulated, copied, quoted, or otherwise reproduced without the written approval of <strong>Market</strong> Research Future.


7<br />

www.marketresearchfuture.com<br />

MARKET RESEARCH<br />

THANK YOU<br />

salesteam@marketresearchfuture.com<br />

FUTURE<br />

Ph: +1-646-845-9349 (US)<br />

Ph: +44 208 133 9349 (UK)

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!