Global Anti Drone Market

By Author: Radhika
Total Articles: 7
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Increasing demand from end-use industries including defense & military, government, commercial and Others is expected to drive the growth of the anti-drone market. This market has witnessed the number of key developments by major companies including Lockheed Martin Corp., Raytheon Co., Israel Aerospace Industries Ltd., Saab Ab, and others with a focus on organic as well as inorganic growth strategies.

The global anti-drone market can be segmented on the basis of technology, application, end-use industry, and region. On the basis of technology, the global anti-drone market is segmented into a laser, electronic and kinetic among which laser anti-drone market is expected to share the major segment of the market. The growing number of criminal activities such as border trespassing, spying, smuggling, and other activities is the key factor for the growth of the global anti-drone market.

The Asia Pacific is estimated to be the fastest-growing region with increasing expenditure on defense and space research. With the presence of some of the fastest-growing economies including India and China, this region is projected to be a major market for the anti-drone market during the forecast period. Other key countries in the region include South Korea, Japan, and Australia.