Asia-Pacific (APAC) Anti-Drone Market Overview, Segment Analysis, Growth Opportunities and Forecast to 2025

Posted on 2019-07-24 by P&S Intelligence in Automotive // 0 Comments

Asia Anti-Drone Market

The Asia-Pacific anti-drone market is expected to reach $2,105 million by 2025, according to P&S Intelligence.

The growing incidence of security contravention by unsanctioned drones and the increasing number of terrorist and illegal activities are the major factors driving the market growth. For instance, in 2015, a man objecting Japan’s nuclear policy let fall a drone carrying radioactive sand (from the Fukushima nuclear disaster) onto the office of Prime Minister in Tokyo. Thus, the rising threats by drones are contributing to the increased adoption of anti-drones or counter-drones in the APAC region.

Insights on market segments

Based on technology, the APAC anti-drone market has been classified into electronic, laser, and traditional kinetic counter-drones. Of these, counter-drones employing electronic technology are expected to continue holding the largest share in the market in the coming years.

On the basis of platform type, counter-drones have primarily been categorized as ground-based, hand-held, and UAV-based. Of these, ground-based counter-drones held the largest share in the APAC anti-drone market during the historical period, accounting for over 60% in 2017. During the forecast period, however, the market is projected to witness the fastest growth in the category of UAV-based anti-drones. This can be attributed to the growing shift in end-user preference from conventional to advanced means of detecting and countering security threats posed by UAVs.

Based on end use, the APAC anti-drone market has been categorized into military and defense, commercial, government, and others. Among these, military and defense, as an end-use category, is expected to dominate the market in the coming years. This can be mainly attributed to the substantial defense budget of APAC countries, particularly China, for meeting security needs. Besides, countries in the APAC region are making heavy investments in advanced defense technologies to mitigate the rising security threats by drones.

China stands as the largest market for counter-drones in the APAC region

China is the largest market for counter-drones in the APAC region. The country held over 35% share in the APAC anti-drone market in 2017 and is expected to lead the market in the coming years as well. In the last few years, the Chinese government has made significant investments in technology and armed forces to strengthen its defense capabilities. With respect to defense budget, China ranks second in the world, trailing the U.S. Besides, 7 of the world’s top 20 defense companies are located in China.

Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/apac-anti-drone-market/report-sample

MARKET SEGMENTATION

By Platform Type

Ground-based

Hand-held

UAV-based

By Technology

Electronic

Laser

Traditional kinetic

By End Use

Military and defense

Commercial

Government

Others

By Application

Detection and tracking

Interdiction

Make Enquiry before Buying the Report@ https://www.psmarketresearch.com/send-enquiry?enquiry-url=apac-anti-drone-market

Some of the other key players operating in the APAC anti-drone market are SZ DJI Technology Co. Ltd., The Boeing Company, Thales S.A., Leonardo DRS, Saab AB, Raytheon Company, Liteye Systems Inc., Airbus SE, Lockheed Martin Corporation, Northrop Grumman Corporation, Rheinmetall AG, Rafael Advanced Defense Systems Ltd., Israel Aerospace Industries Ltd., and Blighter Surveillance Systems Ltd.

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

Matched content

Editor’s pick