Dublin, Sept. 29, 2023 (GLOBE NEWSWIRE) -- The "Drone Identification Systems - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Drone Identification Systems Market to Reach $311.9 Billion by 2030
Drone Identification Systems' Market Skyrockets from Estimated Valuation of US$13.4 Billion in 2022 Surges to a Predicted US$311.9 Billion by 2030
The drone identification industry is undergoing rapid growth, anticipated to expand at an impressive CAGR of 48.2% from 2022 to 2030. Central to this boom is the diverse array of drone-related solutions ranging from mounting and ground stations to cutting-edge identification, detection, and countermeasures.
These applications are finding prominence across military, commercial, and homeland security domains. Segments such as Drone Mounting are expected to achieve a 39.3% CAGR, hitting US$70.4 Billion by 2030, while the Ground Station sector is set to climb at 52.1% CAGR over the upcoming eight years.
Geographical analysis pinpoints the USA with a market estimation of US$6 Billion in 2022, while China, with its rapid economic trajectory, is projected to reach US$64.4 Billion by 2030, growing at a CAGR of 65.4%. Other significant markets include Japan and Canada, with Europe's growth led by Germany's predicted 45.3% CAGR.
The competitive landscape, dominated by industry stalwarts like Aaronia AG and Dedrone, Inc., outlines the sheer potential and innovation within the drone identification arena.
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Drone Identification Systems Market: Prelude
- A Review of Select Drone Detection, Identification and Counter-UAS Technologies
- Drone Identification Systems - Global Key Competitors Percentage Market Share in 2022 (E)
- Drone Identification Systems Competitor Market Share Scenario Worldwide (in %): 2019
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
MARKET TRENDS & DRIVERS
- Rapid Proliferation of Drones Triggers a Parallel Increase in Investments in the Development of Drone Countermeasure Technologies
- Number of Countries Worldwide Using Drones/UAVs by Type for the Years 2010 & 2019
- Global Market for Drones (In US$ Billion) for the Years 2017, 2019, 2022 and 2024
- Growing Drone Traffic Supported by Increased Commercial/Civil Applications to Step Up Drone Traffic Management Needs: Global UAS Traffic Management (UTM) System Market (In US$ Billion) for the Years 2019, 2022 and 2024
- Growing Commercial Applications of Drones: A Review of Existing and Emerging Use Cases in Commercial Space
- Rise in Illegal Use of Drones Strengthens the Business Case for Drone Identification Solutions
- Increased Frequency of Security Breaches by Drones Drive Demand for Drone Detection Systems
- Healthy Military Spending Worldwide Provides a Fertile Environment for the Growth of Drones & Counter Drone Technologies in Defense Applications
- Healthy Defense Spending With Especially Expanding Budgets for Drones to Amplify the Need for Drone Identification Capabilities
- Military Expenditure Worldwide in US$ Billion for the Years 2001 through 2018
- Leading Countries Ranked by Defense Budgets in US$ Billion for 2018
- Drone Spending in the US: Breakdown of Expenditure (in $ Billion) by Department for FY2018 and FY2019E
- Increasing Use of Drones in the Battlefield Pushes Up the Need for Counter-Drone Systems: Global Market for Military Drones (In US$ Billion) for the Years 2018, 2020, 2022 and 2024
- Increase in Global Terrorism & the Ensuing Growing Security Concerns to Drive Deployment of Drone Identification Technologies
- Continued Threat of Terrorism Drives the Focus on Surveillance as Counterterrorism Response: Global Number of Fatalities (in '000) Due to Terrorist Attacks: 2007 - 2017
- Global Number of Fatalities from Terrorism: 2017
- Imposition for Stricter Regulations for Drone Identification Provides Regulatory Driven Stability to Growth in the Market
- Remote Identification of Unmanned Aircraft Systems - A Notable Development
- High Growth Potential in Store for the Remote Drone ID System Market
- Drone Surveillance Radar: A Widely Used Drone Identification Technology
- Radar Systems for Small or Micro Drones
- Drone Detection as a Service (DSaaS) Rises in Popularity Supported by the Benefits Offered by Cloud Based Service Models
- Emergence of Network-Based Intrusion Detection & Prohibition Systems: Major Market Opportunity
- Market Stands to Gain from Increased Penchant for Sensor-Driven Smart Detection Systems
- Developments in Advanced Network-Based Detection Systems to Drive Market Growth
- Tamper-Resistant Solution for Drone Identification & Tracking
- Co-Locating Additional Systems for Safe Drone Operations
- Technology Innovations, the Key to Sustained Growth in the Market
- Use of 3D Technology
- Counter-UAV Protection System Project for Airport
- Fraunhofer Develops Modular Drone Detection and Assistance System (MODEAS)
- Other Notable Developments
- Promising Startups in Counter Drone Systems Market
FOCUS ON SELECT PLAYERS (Total 82 Featured)
- Elbit Systems Ltd.
- Aselsan A.S.
- Accipiter Radar Technologies, Inc.
- Allen-Vanguard Corp.
- Aveillant Ltd.
- Blighter Surveillance Systems Ltd.
- CONTROP Precision Technologies Ltd.
- Advanced Radar Technologies SA
- Chess Dynamics Ltd.
- DeTect, Inc.
- DMT Radar & Security Systems
- Dedrone, Inc.
- HENSOLDT AG
- IDS Ingegneria Dei Sistemi S.p.A.
- IGP bv
For more information about this report visit https://www.researchandmarkets.com/r/4hz5vx
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