Counter-UAS Market 2019
The Global Counter UAS Market is growing at a significant rate due to rising incidences of security breaches by unknown drones and increasing terrorism and illegal activities globally. The Global Counter-UAS Market is forecast to account for USD 2,235.1 Million by 2024, registering a CAGR of 28.50% during the forecast period of 2019 to 2024. North America dominated the global market in 2018, followed by Europe. The counter-drone technology, also known as C-UAS, counter-UAS, or counter-UAV, refers to systems that are used to detect/intercept unmanned aerial vehicles. Growing incidences of security violations by drones pose a serious security threat to military and civilian entities. This led to the emergence of a new market for the counter-drone technology in recent years.
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At Present, there are over 200 counter-UAS products available from more than 150 manufacturers across 30 countries. Furthermore, the counter-UAS industry is in the nascent stage; therefore, it provides opportunities for manufacturers to develop cost-efficient and reliable counter-UAS systems for commercial use. Increase in incidences of security breaches from unknown drones and growing frequency of border infringing and focus on border protection are some of the key drivers for the growth of the global counter-UAS market. North America is dominated by a global counter-UAS market with a share of around 45.78% in the year 2018. The global counter-UAS market has been in segments based upon the technology, platform, system configuration, end use, application, and region.
Listed Key Players
Boeing (US), Saab AB (Sweden), IAI (Israel), Northrop Grumman Corporation (US), Rheinmetall AG (Germany), Raytheon Company (US), DroneDefence (UK), Harris Corporation (US), Elbit Systems Ltd (Israel), Thales Group (France), Rafael Advanced Defense Systems Ltd (Israel), HENSOLDT (Germany), ASELSAN AS (Turkey), Babcock International Group PLC (UK), Black Sage (US), BSS Holland BV (Netherlands), Cobham Antenna Systems (UK), Diehl Stiftung & Co. KG (Germany), Leonardo SpA (Italy), and Liteye Systems, Inc. (US), Lockheed Martin Corporation (US), DRONESHIELD (US), ROHDE&SCHWARZ (Germany), Blighter Surveillance Systems Ltd (UK) are some of the major players in the global counter-UAS market.
The report published on the global Counter-UASmarket is a comprehensive analysis of the various factors that either positively or negatively affect market growth. The report also introduces the market and gives a basic overview of the Counter-UASmarket along with the scope of the different products that are manufactured. The Counter-UASmarket is divided into several smaller market segments and the market share for each of the different market segments for the base period from the year 2019 to the year 2024 is presented in detail in the report along with an analysis of the various factors.
Drivers and Risks Factors
Various market factors and their effect on the global Counter-UASmarket are discussed and are identified. New technologies that are being increasingly used in the Counter-UASmarket to boost the production and manufacturing rate have been listed and are included in the report. The market share occupied by Counter-UASproduct is analyzed after comprehensively evaluating the market share according to the value of the units produced and the volume of products manufactured at the plant. Inherent growth factors that are crucial to the market growth rate for the base period from the year 2019 to the year 2024 have been presented in the report.
There are different market segments that the global Counter-UASmarket has been divided into. These different segments include those based on their location in the globe. The location of each region plays a major role in the market segmentation. The various regions that have been covered in the report include North America, Asia-Pacific, South America, Europe, the Middle East, and Africa. The market share of the product/service offered in these regions is comprehensively analyzed. The market share has been predicted for the forecast period from the year 2019 to the year 2024.
The data used to compile the Counter-UASmarket report is a result of collating the data from several sources of information and after extensive market research. The data that has been collected is subjected to the SWOT analysis that is used to identify different strengths and weaknesses that a company has. The opportunities that can be exploited to accomplish a variety of purposes and finally the threats that the company faces either from other competitors or due to insufficient innovation. An analysis of the different forces that comprise Porter’s Five Forces Model is also included.
Table of Contents – Major Key Points
1 Executive Summary
2 Market Introduction
3 Research Methodology
4 Market Insights
5 Market Dynamics
6 Market Factor Analysis
7 Global Counter-UAS Market, by Application
8 Global Counter-UAS Market, by End Use
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