Drone Airspace Security System Market Size Report, 2021-2027
The global Drone Airspace Security System market gathered revenue around USD 640.2 Million in 2020 and market is set to grow USD 3,634.2 Million by the end of 2027 and is estimated to expand at a modest CAGR of 29.7% during the prediction period 2021 to 2027.
Growth Factors:
Drone Airspace Security Systems are used in several industries including Government and Defense and Event Management. Drone airspace security systems are used to detect the presence of rogue drones in the airspace. Moreover, airports are adopting unmanned traffic management solutions to protect flights from drone collision in the airspace. Airports are handling drone operations by using unmanned traffic management system or UTM and also using anti-collision system to detect and avoid the drone collision in the airspace. The demand for drone airspace security applications such as drone identification and disruption system and unmanned traffic management system have increased, owing to increase of drones in healthcare, military, and e-commerce applications. Companies are also using anti-collision system to maintain a safer distance from another drone by using sensor.
This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Drone Airspace Security System market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Drone Airspace Security System market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.
Report Coverage
| Report Scope | Details |
| Market Size | USD 3,634.2 Billion by 2027 |
| Growth Rate | CAGR of 29.7% From 2021 to 2027 |
| Base Year | 2020 |
| Forecast Period | 2021 to 2027 |
| Historic Data | 2017 to 2020 |
| Report coverage | Growth Factors, Revenue Status, Competitive Landscape, and Future Trends |
| Segments Covered | Component, Solutions,Application Region |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
| Companies Mentioned | NTT DATA Corporation, Air Space Drone, Dedrone, DroniTech, Fortem Technologies, Inc., Unifly nv, WhiteFox, Blighter Surveillance Systems Ltd, DroneShield Limited, Hensoldt AG, Raytheon Company, Lockheed Martin Corporation, and Thales Group. |
COVID-19 Impact Assessment on Market Landscape
The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.
Drone Airspace Security System market Report empowers readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.
Drone Airspace Security System market Market Dynamics :
The drone jammers are used to control drone signals and force it to land in controlled way away from the configured destination location and make the operator lose control over the drone in case it carries hazardous substances. The jamming system provides radio frequency signals to block the drones. Increasing demand for drones from commercial and military applications is expected to drive the market growth during the forecast period. Most of the companies are providing jammers and other components in order to detect unwanted drones and protect the area by deactivating them safely by using anti drone technology.
Drone jammers are used to shoot down drones by using Radio Frequency and GPS (Global Positioning System) signal. For instance, SRC, Inc., a U.S.-based research corporation, signed a contract with the U.S. army worth US$ 430 million in order to supply a counter drone systems including radar, cameras, and jammers to track the drones. Among solution type, drone identification and disruption system is expected to hold dominant position during the forecast period. This system is used to detect unauthorized drones in the airspace. Identification and disruption system has become a critical factor for safeguarding security. With increasing concerns related to the unauthorized drones entering public and private premises, the demand for identification and disruption system in the market is increasing.
Competitive Rivalry
Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
Some of the prominent players in the Drone Airspace Security System Market include: NTT DATA Corporation, Air Space Drone, Dedrone, DroniTech, Fortem Technologies, Inc., Unifly nv, WhiteFox, Blighter Surveillance Systems Ltd, DroneShield Limited, Hensoldt AG, Raytheon Company, Lockheed Martin Corporation, and Thales Group
Segments Covered in the Report
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for the period of 2017 to 2027 and covers subsequent region in its scope:
By Component
By Solutions
By Application
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Highlights of the Report:
Research Methodology
In the study, a unique research methodology is utilized to conduct extensive research on the growth of the Drone Airspace Security System market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the conclusions.
Secondary resources referred to by analysts during the production of the Drone Airspace Security System market study are as follows - statistics from government organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of this report as a primary resource.
Comprehensive information acquired from primary and secondary resources acts as a validation from companies in the market, and makes the projections on the growth prospects of the Drone Airspace Security System markets more accurate and reliable.
Secondary Research
It involves company databases such as Hoover's: This assists us recognize financial information, structure of the market participants and industry competitive landscape.
The secondary research sources referred in the process are as follows:
Primary Research
Primary research includes face-to face interviews, online surveys, and telephonic interviews.
Industry participants involved in this research study include:
Key Points Covered in Drone Airspace Security System Market Study:
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers