Counter UAS Market Research Report - Global Forecast till 2024 - PowerPoint PPT Presentation

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Counter UAS Market Research Report - Global Forecast till 2024

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Global Counter UAS Market: Information by Technology (Laser Systems, Kinetic Systems, and Electronic Systems), Platform (Air, Ground, and Naval), System Configuration (Portable, Vehicle-Mounted, Standalone), End Use (Military & Defense, Commercial and Homeland Security), Application (Detection [Radar, RF Scanners, EO/IR and Acoustic System] and Interdiction [Jammers, Spoofing, Laser and Nets]) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Forecast till 2024 – PowerPoint PPT presentation

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Title: Counter UAS Market Research Report - Global Forecast till 2024


1
Counter UAS Market Research Report By Forecast To
2024
Industry Survey, Growth, Competitive
Landscape and Forecasts to 2024
2
Counter UAS Market Forecast To 2024
Counter UAS Market Overview
The Global Counter-UAS Market is expected to
reach USD 2,235.1 Million by 2024, expanding at a
CAGR of 28.50 during the forecast period. The
counter-UAS providers are investing heavily in
advanced technologies to offer enhanced security
and detection capabilities to the armed forces.
For instance, the SkyWall 100 system by Counter
Drone Solutions, an Australia-based company, has
an onboard artificial intelligence (AI) computer
that can identify a drone and analyze its
movements to ensure capture. This
shoulder-mounted system uses compressed air to
fire a net, which ensures that the drone doesnt
break as it guides back down to ground. The
SkyWall 100 can be reloaded quickly and easily to
capture multiple drones in less time. In March
2019, Raytheon UK, a subsidiary of Raytheon
Company, announced plans to open its new office
in London and a manufacturing facility in
Scotland to develop innovative solutions for the
global defense market. In August 2018, Raytheon
Company invested USD 72 million for the
development of its new facility at its Andover,
Massachusetts, US. The company aims at developing
advanced radar technology at the new facility.
Free Report Sample _at_ https//www.marketresearchfu
ture.com/sample_request/7430
3
Counter UAS Market Forecast To 2024
Segmental Analysis
The global counter-UAS market has been segmented
by technology, platform, system configuration,
end use, and application. By technology, the
global counter-UAS market has been segmented into
laser systems, kinetic systems, and electronic
systems. The electronic systems segment is
projected to dominate the market during the
forecast period. The segment was valued at USD
277.2 million in 2018 and is expected to reach
USD 1,187.0 million by 2024. However, the laser
systems segment is anticipated to expand at the
highest CAGR. The segment is expected to reach
USD 709.0 million by 2024, exhibiting the highest
CAGR of 30.13 during the forecast period. A
laser system is a type of directed-energy weapon
(DEW) that damages its target with highly focused
energy. The use of laser systems has been
increasing for countering enemy UAS. For
instance, the US Marine Corps tested a prototype
for a vehicle-mounted laser weapon that can be
used by soldiers on the ground to counter enemy
drones. The kinetic system segment is projected
to exhibit a CAGR of 29.02 during the forecast
period. Based on platform, the global counter-UAS
market has been divided into air, ground, and
naval. The ground segment led the market with a
value of USD 271.7 million in 2018 and is
expected to reach USD 1,235.8 million by 2024.
Ground-based systems are designed to be used from
either stationary or mobile positions on the
ground. This segment includes counter-UAS systems
that are installed at fixed sites, mobile
systems, and systems mounted on ground vehicles.
The naval segment is expected to register a
28.56 CAGR during the forecast period. On the
basis of system configuration, the global
counter-UAS market has been classified as
portable, vehicle-mounted, and standalone. The
standalone segment accounted for the largest
market share in 2018. However, the portable
segment is expected to register the highest CAGR
of 31.92 during the forecast period. Portable
counter-UAS systems offer benefits such as
compact size, light weight, and ease in carrying.
Furthermore, these systems can be housed in a
backpack for on-the-go missions. In terms of end
use, the global counter-UAS market has been
categorized into military and defense,
commercial, and homeland security. The military
and defense segment dominates the market. The
segment was valued at USD 342.4 million in 2018.
4
Counter UAS Market Forecast To 2024
Segmental Analysis
However, the commercial segment is expected to
register the highest CAGR during the forecast
period. The segment is projected to expand at a
CAGR of 31.28 during the forecast period. In
commercial environments, counter-UAS systems are
used for airspace protection at airports and
stadiums. On the basis of application, the global
counter-UAS market has been bifurcated into
detection and interdiction. The detection segment
has been sub-segmented into radar, RF scanners,
EO/IR, and acoustic system. The interdiction
segment is further divided into jammers,
spoofing, lasers, and nets. The interdiction
segment is anticipated to expand at a higher CAGR
during the forecast period. Interdiction is a
method of disrupting the operations of detected
UAS by jamming, spoofing, destroying, or
catching. By region, the global counter-UAS
market has been segregated into North America,
Europe, Asia-Pacific, the Middle East Africa,
and Latin America. The market in North America
was valued at USD 227.6 million in 2018. The
presence of major market players, such as
Raytheon Company, Northrop Grumman Corporation,
and Lockheed Martin Corporation, is expected to
drive the market growth in North America. The
regional market is estimated to expand at a CAGR
of 27.09 during the forecast period. Europe is
projected to be a major market for counter-UAS
during the review period. The regional market is
expected to reach USD 595.6 million by 2024,
expanding at a CAGR of 28.21 during the forecast
period. Asia-Pacific is projected to be a key
region for the market during the review period.
The market in the region is expected to reach USD
400.8 million by 2024, expanding at a CAGR of
32.87 during the forecast period.
Regional Analysis
5
Counter UAS Market Forecast To 2024
Competitive Analysis
Prominent players in the global counter-UAS
market include Boeing (US), Saab AB (Sweden),
Lockheed Martin Corporation (US), IAI (Israel),
Northrop Grumman Corporation (US), Rheinmetall AG
(Germany), Raytheon Company (US), DroneDefence
(UK), L3Harris Technologies, Inc. (US), and Elbit
Systems Ltd (Israel). Other companies profiled in
the report are Thales Group (France), Blighter
Surveillance Systems Ltd (UK), ROHDESCHWARZ
(Germany), DRONESHIELD (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), Diehl
Stiftung Co. KG (Germany), Leonardo SpA
(Italy), and Liteye Systems, Inc. (US).
Browse Report _at_ https//www.marketresearchfuture.
com/reports/counter-uas-market-7430
6
ABOUT US
MARKET RESEARCH FUTURE At Market Research Future
(MRFR), we enable our customers to unravel the
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order to stay updated with technology and work
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conducts meet with the industry experts and
industrial visits for its research analyst
members. For more information kindly visit
www.marketresearchfuture.com or contact us at
info_at_marketresearchfuture.com Copyright
2018 Market Research Future All Rights Reserved.
This document contains highly confidential
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7
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