Counter UAV Market Report
The report on the Counter UAV Market is segmented By Technology (Laser System, Kinetic System, Electronic System, Others), By Platform (Air, Ground, Naval), By End Use (Military & Defense, Commercial, Homeland Security, Others), and Region. This report also covers COVID-19 Impact Analysis and Forecast to 2026. This market research report provides an in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global counter UAV market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2022-2026.
The report on the Counter UAV Market is segmented By Technology (Laser System, Kinetic System, Electronic System, Others), By Platform (Air, Ground, Naval), By End Use (Military & Defense, Commercial, Homeland Security, Others), and Region. ...
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
The Counter UAV Market is estimated to grow from USD 0.6 billion in 2020 to USD 2.7 billion by 2026 at a healthy CAGR of 31.2% during the forecast period.
Figure: Counter UAV Market Size, 2020-2026 (USD Billion)
Counter UAV, also referred to as counter-drone technology are systems which are used to detect or intercept unmanned aircraft. UAVs are widely being used several various illicit and undercover activities, including smuggling contraband and spying. As of now, there are more than 200 counter-UAV products available from over 150 manufacturers in 30 countries worldwide
Key players operating in the counter UAV market are
A surge in unmanned platforms has created several opportunities across the defense sector.
Based on end-use, the counter UAV market is classified into military & defense, commercial, homeland security, and others.
By region, the North America market accounted for the largest share in 2020 and is expected to grow at a substantial CAGR in the following years.
The COVID-19 outbreak has moderately affected the counter UAV industry. The ongoing worldwide economic slowdown is expected to result in a subsequent decline in defense spending on a short-term basis. Also, the product manufacturers suffered from supply chain disruptions and are likely to face operational constraints and high financial risk exposure due to supply chain bottlenecks.
Here is the list of the group of customers that the Compatibility Mode market hopes to have the greatest opportunity to convert-
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The counter UAV market size is expected to reach USD 2.7 billion in the foreseeable future.
Boeing (The U.S), Saab AB (Sweden), Lockheed Martin Corporation (The U.S), Israel Aerospace Industries (Israel), Northrop Grumman Corporation (The U.S), Rheinmetall AG (Germany), Raytheon Company (The U.S), DroneDefence (UK), L3Harris Technologies, Inc. (The U.S) and Elbit Systems Ltd. (Israel) are among the key players in the counter UAV market.
The counter UAV market is expected to witness an impressive growth of 31.2% CAGR in the coming years.
The military & defense segment is expected to witness the highest CAGR in the counter UAV market in the coming years.
North America market accounted for the largest share in 2020 and is expected to grow at a substantial CAGR.
Counter UAV vendors, Counter UAV retailers, Military companies, Commercial companies are the target audience in the counter UAV market.
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