The Anti-Drone Market Takes-off in Full Speed
19 July, 2017
Global Anti-Drone Market to Reach $1.5 Billion by 2023, following annual growth of 25.9%. Electronics-based defense systems will take the lead
Photo above: US Navy Anti-Drone Laser System
The anti-drone market is expected to grow from USD 342.6 Million in 2016 to USD 1,571.3 Million by 2023, at a CAGR of 25.9% between 2017 and 2023. According to a new market research published by Research and Markets, The anti-drone market is mainly driven by increased security breach incidences by unidentified drones and increased terrorism and illicit activities.
The anti-drone market is segmented three main groups: Electronics system, Laser system, and Kinetic system. The market for the electronics systems is expected to grow at the highest CAGR between 2017 and 2023, due to huge investments made by key players in electronics system bodies. Along with this, low cost of development and easily comprehensible technology propel the growth of the electronics system-based anti-drone market.
On the basis of application, the market is segmented into Detection, and Detection and Disruption. The detection and disruption application is widely adopted in the market and will grow at the fastest rate during the forecast period. Detection and disruption systems have major applications in the military and defense and homeland security sectors.
The commercial vertical is sub-segmented into public venues, critical infrastructure, and households. The military and defense vertical accounted for the largest share of the overall anti-drone market in 2016. The market for the commercial vertical is expected to grow at the highest CAGR during the forecast period. Key factors responsible for this growth include the increasing awareness and rapid development of inexpensive drones in the market, creating more public safety concerns.
A powerful demonstration of these trends were given this week, when CNN reported visited on board the USS Ponce ship in the Persian Gulf and watched the US Navy’s laser weapon, called LaWS, in action. LaWS is a ship-defense system that uses a solid-state laser beam to destroy targets. Official video of the US Navy posted 2 years ago in its Youtube channel, shows how LaWS gun destroy a drone from a long distance.
US Navy Demonstration of Anti-Drone Laser Weapon: