The anti-drone market is set to grow by USD 2.05 billion, progressing at a CAGR of about 28% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Airbus SE, Dedrone Holdings Inc., Israel Aerospace Industries Ltd., Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Technologies Corp., Rheinmetall AG, Saab AB, Thales Group, and The Boeing Co. are some of the major market participants. Factors such as the increasing contracts for anti-drone systems, the high demand for anti-drone systems for defense applications, the increase in security breaches by unidentified drones will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
Anti-drone Market 2021-2025: Segmentation
The anti-drone market is segmented as below: