“Commercial Counter-UAV market to total USD 11.5 billion in 2029” says new Visiongain report

16 September 2019
Aviation

The Commercial Counter-UAV market is estimated to witness a Compound Annual Growth Rate (CAGR) of 44.3 per cent from 2019 to 2029.

The rising vulnerability of sensitive government facilities, high-level politicians and large public crowds to domestic terrorist attacks is having a profound, driving effect on the market.

In recent years, several other factors have also had a positive effect on the Commercial C-UAV market. For example, the rate of close encounters between airliners and unmanned aircraft has increased, and there has been an industry-wide realisation that existing air defence systems and anti-aircraft weaponry are incapable of detecting, targeting and destroying small drones.

Visiongain anticipates that global investment and consolidation will be stratospherically strong over the next decade. The market’s good health is due to the factors listed above as well as the presence of established companies, such as Battelle, Black Sage Technologies, Blighter Surveillance Systems, Department 13, DroneShield, Liteye Systems, MyDefence Communication, Flex Force Enterprises, Robin Radar Systems and WhiteFox.

The senior aviation analyst said: "The Global Commercial Counter-UAV market is expected to generate sales of USD 292.5 million in 2019.

"The vulnerability of government facilities to domestic terrorist and espionage attacks, the rise in close encounters between manned and unmanned aircraft and the increase in popularity of using drones to smuggle contraband into secure premises will likely accelerate this market’s growth over the next few years.

"Indeed, by 2029, the Commercial C-UAV market will have surpassed the 10 billion-pound mark, achieving a total sales figure of USD 11.46 billion.

"Having said this, there are currently several restraining factors that present a challenge to this industry – such as an absence of international standards for the design of counter-drone technologies and significant uncertainty over the legality of using such systems in non-military environments."

Note for Editors
If you are interested in a more detailed overview of this report, please send an email to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100.

About Visiongain
Visiongain is a leading business intelligence provider, publishing market reports for the automotive, aviation, chemicals, construction, cyber, defence, electronics, energy, food & drink, IT, maritime, materials, packaging, pharmaceutical, renewable energy, telecoms and utilities sectors.

We are one of the fastest growing and most innovative independent research companies in Europe. Based in London, UK, Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional who needs independent, high-quality, original material to rely and depend on.

Recent News

Visiongain Publishes Airport Information Systems Market Report 2021-2031

Increasing cyber-attacks in civil aviation industry is expected to increase demand for improved airport information services over the coming years. In modern society, technology and cyber systems have become central components. Insecurities exist amid the advantage of cyber technology.

08 October 2021

Read

Visiongain Publishes Commercial Aircraft Disassembly, Dismantling & Recycling Market Report 2021-2031

With the growth of airline capability and rate of use closely linked to the development of the aftermarket sector, it seems that the aftermarket business will continue to grow in the long run.

23 August 2021

Read

Visiongain Publishes Aircraft Flight Control System Market Report 2021-2031

Rapid technological advancements are allowing more capabilities to be packed into smaller airframes, resulting in a surge in the number of Small Unmanned Aircraft Systems (SUAS) deployed on the battlefield.

23 August 2021

Read

Visiongain Publishes Civil Helicopter Market Report 2021-2031

The increasing helicopter market in emerging economies is likely to have a beneficial impact on the global industry. Increasing compliance for helicopters in emerging economies is projected to boost the market’s growth potential in the coming years.

08 July 2021

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever