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Counter Unmanned Aerial Vehicle Defense System Market to witness double digit growth(October 16, 2017)
Market research analysts at HTF predict that the global counter unmanned aerial vehicle (UAV) defense system market will grow steadily at a CAGR of around 11% by 2021. The increased focus toward electronic warfare is identified as one of the primary growth factors for this market. Electronic warfare (EW) is the new-age war zone and countries are increasing their focus on strengthening their electronic attack capabilities. This involves the development of systems that can attack through noise jamming, decoys, deceptive jamming, and high-speed anti-radiation. The US military is dominating battlefields with electronic warfare vehicles such as UAVs for both reconnaissance and armed missions. Other military bodies across the globe are also acquiring UAVs or are focusing on developing them indigenously. In addition to intelligence, surveillance, and reconnaissance (ISR) missions, these UAVs are largely used for launching attacks on critical infrastructures including monuments, vital facilities, and military bases.
"Counter Unmanned Aerial Vehicle (UAV) Defense System Market to see double digit growth in coming years due to rapid deployment of modern systems on battlefields"
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The emergence of laser-based counter UAV systems is one of the latest trends that will contribute to the growth of this market. The newest development in counter UAV measures is the utilization of laser weapons to destroy UAVs from a safe distance before they can reach a strike range. In addition, the development of new fiber laser technology has enabled defense companies to create mobile laser systems that can be used to counter UAVs. The development and successful testing of laser-based systems by the US defense forces is attracting the attention of global defense sectors and is expected to become the next-generation counter-UAV defense system.
Competitive landscape and key vendors†
The counter UAV defense system market is characterized by the presence of well-diversified international and small- and medium-sized vendors. The competitive environment in this market is expected to increase based on product extensions, technological innovations, and the number of contracts, mergers, and acquisitions. Vendors should respond to the changing end-user needs in terms of light weapons upgrades, demand for long-term cost efficiency, and interoperability of the system. Providing long-term support and technological solutions will be a key to sustain in the market.
The leading vendors in the market are -
- Blighter Survellance Systems
The other prominent vendors in the market are Elbit Systems, Israel Aerospace Industries (IAI), and Northrop Grumman.
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- Detection systems
- Detection and disruption systems
During 2016, the detection and disruption systems segment accounted for the major shares of the UAV defense system market. Factors such as the detection of UAVs within the area under threat and the capability to neutralize attack capabilities will contribute to the growth of the segment in the coming years. Moreover, the utilization of cheaper electronic countermeasures in the present UAV detection and disruption systems also increases their demand in this global market.
Geographical segmentation and analysis of the counter UAV defense system market
This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the counter UAV defense system market throughout the forecast period. The rapid deployment of modern systems on battlefields and the developments of counter UAV defense systems in the region ranging from electronic countermeasures to laser technologies, will drive the marketís growth in the region.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global counter unmanned aerial vehicle (UAV) defense system market?
- What are the key market trends impacting the growth of the global counter unmanned aerial vehicle (UAV) defense system market?
- What are the challenges to market growth?
- Who are the key vendors in the global counter unmanned aerial vehicle (UAV) defense system market?
- What are the market opportunities and threats faced by the vendors in the global counter unmanned aerial vehicle (UAV) defense system market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global counter unmanned aerial vehicle (UAV) defense system market?
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This industry research report on the global counter unmanned aerial vehicle defense system market offers insights into the key trends and emerging drivers affecting the growth of the aerospace and defense sector. Our industry reports for the aerospace and defense industry also pursue a combination of primary and secondary research techniques, which include vendor briefings, industry journals, webinars, and podcasts to offer an in-depth overview of fast growing market segments like defense.
By taking into account the market forecast and size, and the surging demand for various defense products and services, the market research analysts at HTF present a holistic overview of the global counter unmanned aerial vehicle defense system market for the forecasted period 2017 to 2021. Furthermore, our research reports help clients devise new growth strategies and stay updated about the constantly evolving market landscape. This market study also offers an extensive study of various defense products and services based on the comprehension of the data collected from specific resources such as channel partners and decision makers.
This upcoming report on the global counter unmanned aerial vehicle defense system market also covers vendors like Airbus Defence and Space, Blighter Surveillance Systems, Finmeccanica, SRC, Thales Group, Israel Aerospace Industries, Elbit Systems, and Northrop Grumman. This report on the global counter unmanned aerial vehicle defense system market covers geographies like the Americas, EMEA, and APAC.
The upcoming industry research report on the global counter unmanned aerial vehicle defense system market also categorizes the key drivers, appearing trends, as well as the challenges that the defense sector currently faces. This report on the global counter unmanned aerial vehicle defense system market also reveals deep insights into similar aerospace and defense sectors such as defense technology and homeland security.
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