Counter UAS Market Global Based On | Price Analysis, Supply Chain Analysis, Porters Five Force Analysis by Forecast to 2024

Market Overview

Global Counter-UAS Market is expected to reach USD 2,235.1 Million by 2024, expanding at a CAGR of 28.50% during the forecast period.

The counter-UAS providers are investing heavily in advanced technologies to offer enhanced security and detection capabilities to the armed forces. For instance, the SkyWall 100 system by Counter Drone Solutions, an Australia-based company, has an onboard artificial intelligence (AI) computer that can identify a drone and analyze its movements to ensure capture. This shoulder-mounted system uses compressed air to fire a net, which ensures that the drone doesn’t break as it guides back down to ground. The SkyWall 100 can be reloaded quickly and easily to capture multiple drones in less time.

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Competitive Analysis

Prominent players in the global Counter-UAS Market include Boeing (US), Saab AB (Sweden), Lockheed Martin Corporation (US), IAI (Israel), Northrop Grumman Corporation (US), Rheinmetall AG (Germany), Raytheon Company (US), DroneDefence (UK), L3Harris Technologies, Inc. (US), and Elbit Systems Ltd (Israel).

Key Developments

In March 2019, Raytheon UK, a subsidiary of Raytheon Company, announced plans to open its new office in London and a manufacturing facility in Scotland to develop innovative solutions for the global defense market.

Segment Analysis

The global Counter-UAS Market has been segmented by technology, platform, system configuration, end use, and application.

By technology, the global counter-UAS market has been segmented into laser systems, kinetic systems, and electronic systems. The electronic systems segment is projected to dominate the market during the forecast period. The segment was valued at USD 277.2 million in 2020 and is expected to reach USD 1,187.0 million by 2024. However, the laser systems segment is anticipated to expand at the highest CAGR. The segment is expected to reach USD 709.0 million by 2024, exhibiting the highest CAGR of 30.13% during the forecast period. A laser system is a type of directed-energy weapon (DEW) that damages its target with highly focused energy. The use of laser systems has been increasing for countering enemy UAS. For instance, the US Marine Corps tested a prototype for a vehicle-mounted laser weapon that can be used by soldiers on the ground to counter enemy drones. The kinetic system segment is projected to exhibit a CAGR of 29.02% during the forecast period.

In terms of end use, the global Counter-UAS Market has been categorized into military and defense, commercial, and homeland security. The military and defense segment dominates the market. The segment was valued at USD 342.4 million in 2020. However, the commercial segment is expected to register the highest CAGR during the forecast period. The segment is projected to expand at a CAGR of 31.28% during the forecast period. In commercial environments, counter-UAS systems are used for airspace protection at airports and stadiums.

Regional Analysis

By region, the global Counter-UAS Market has been segregated into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America.

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