New York, US, Aug. 25, 2021 (GLOBE NEWSWIRE) -- Counter UAS Market Overview
According to a comprehensive research report by Market Research Future (MRFR), “Counter UAS Market Information by System Configuration, End Use, Application and Region - Forecast till 2027”, the market is projected to cross USD 4.67 Billion by 2027 at 26.5% CAGR.
Market Scope
The counter-UAS providers are investing heavily in advanced technologies to offer the armed forces enhanced security and detection capabilities. A diverse range of unmanned aircraft systems has been developed from low-cost yet capable quadcopters to sophisticated combat drones. In order to detect, track, and respond to the threat, civilian air traffic controllers, public safety officials, front-line military commanders, and others are seeking new and specialized technologies.
Get Free Sample PDF Brochure @ https://www.marketresearchfuture.com/sample_request/7430
Competitive Landscape
The prominent companies in the counter UAS market are:
- Boeing (US),
- Saab AB (Sweden)
- Lockheed Martin Corporation (US)
- IAI (Israel)
- Diehl Stiftung & Co. KG (Germany)
- Northrop Grumman Corporation (US)
- Rheinmetall AG (Germany)
- Raytheon Company (US)
- 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)
- DroneDefence (UK)
- Harris Corporation (US)
- Elbit Systems Ltd (Israel)
- Thales Group (France)
- Blighter Surveillance Systems Ltd (UK)
- ROHDE&SCHWARZ (Germany)
- DRONESHIELD (US)
- Leonardo SpA (Italy)
- Liteye Systems, Inc. (US)
Market Restraints
The high research and development expenses in the market along with the public safety concerns, are estimated to drive the development of the market in the forthcoming period.
Market Drivers
Drone security breaches are becoming more common, posing a serious security danger to both military and civilian organizations. In recent years, this has resulted in the establishment of a new industry for counter-drone technologies. Because the counter-UAS business is still in its early stages, manufacturers have the opportunity to build cost-effective and dependable counter-UAS devices for commercial application. The rise in security breaches by unidentifiable drones, as well as the increasing frequency of border trespassing and a focus on border protection, are some of the primary factors for the global counter-UAS market's growth.
Browse In-depth Market Research Report (136 Pages) on Counter UAS: https://www.marketresearchfuture.com/reports/counter-uas-market-7430
COVID 19 Analysis
Many global aerospace and military industry businesses are suffering the effects of the COVID-19 epidemic as it continues to spread around the world. The pandemic has considerably highlighted the need for counter UAS to reduce personnel movement. As a result, in the coming period, the demand for counter UAS is estimated to rise considerably in the course of the forecast period. Recently, DroneShield, a counter-unmanned aircraft system (C-UAS) business, has supplied the Australian Army with its RfOne MKII long-range sensors. The capability will be delivered right away, allowing the Australian Army to analyze its future counter-drone needs and alternatives. Since aircraft manufacturers have temporarily reduced production rates to adapt to the new depleted market situation, they should take advantage of the slowdown in demand to take a breather from the race for production. Governmental financial assistance programs will be implemented to support businesses' cash needs and assist them in making the investments required for profound and structural reforms.
Buy Now: https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=7430
Market Segmentation
During the forecast period, the electronic systems sector is expected to lead the market in terms of technology. The ground segment led the market in terms of value in 2018, with USD 271.7 million, and is predicted to reach USD 1,235.8 million during the forecast period.
The standalone category accounted for the greatest market share in the coming term based on system configuration. The military and defense sector dominates the market in terms of end use.
The interdiction sector is expected to grow at a faster CAGR than the rest of the market during the forecast period. Interdiction is a technique for interfering with the operations of detected unmanned aerial vehicles (UAVs) by jamming, spoofing, destroying, or catching them.
Regional Insights
The largest share of the counter-UAS market is in North America. During the forecast period, the counter-UAS market in North America is expected to grow at a CAGR of 27.09 percent. Factors such as increasing military spending and technological improvements in the region are driving market expansion in North America. In recent years, the US Department of Defense (DoD) has increased its investments in developing counter-UAS systems, resulting in a major increase in demand for these systems. For instance, Anduril, a technological firm, has been given a $99 million contract by the Department of Defense to create a new automated counter-unmanned aerial system (C-UAS) capabilities. The Defense Innovation Unit's Silicon Valley outpost employs non-traditional contracts to collaborate with start-ups, and the company and the Defense Innovation Unit negotiated a Production Other Transaction (P-OT) Agreement. The arrangement serves as a vehicle for any military branch to purchase Anduril's artificial intelligence-based technology and services for detecting and deterring enemy drones. Canada's market growth is being boosted by the Canadian government's increasing investments in counter-UAS technologies for military and commercial purposes.
Share your Queries @ https://www.marketresearchfuture.com/enquiry/7430
About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
