Global anti-drone market to be worth $1,205 million by 2025
A study, published by Transparency Market Research (TMR), predicts the anti-drone market worldwide to be worth $1,205 million by 2025. Players, big and small, joining the global anti-drone market suggests a dynamic and competitive industry in the coming years, according to the report. The emergence of start-ups with innovative technologies and approaches is expected to disrupt the market and intensify competition among manufacturers of anti-drones in the future.
A report by TMR evaluated the global anti-drone market to be worth $214.7 million in 2016. The market is expected to grow with a 19.9% compound annual growth rate between 2017 and 2025. Government and military dominate the end-user segments with the military predicted to grow rapidly among all end-use segments, followed by the government. In terms of anti-drone technologies, neutralizing systems held the leading share in the market in 2016. North America is expected to display the leading growth over the forecast period. Firms operating in the global anti-drone market include Blighter Surveillance Systems, Dedrone Detect, Droneshield, Boeing, Lockheed Martin Corporation, SAAB and Theiss UAV Solutions. Free Download: The security drones report 2017 The global security drones market will be worth $10.5bn ( 8bn) by 2020 . This report commissioned by Aviat Drones examines the prevalence, growth prospects , applications and regulatory challenges of drones and anti-drone tech in the global security market. Find out how you can benefit from this lucrative market .
Click here to download now Related Topics