NEW YORK, Jan. 15, 2019 (GLOBE NEWSWIRE) -- According to the market research report published by P&S Intelligence, Asia-Pacific anti-drone market is expected to reach $2,105 million by 2025. 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.
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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. This can be mainly attributed to the early adoption of electronic counter-drone systems, as compared to other technology-based systems, in the APAC region. However, the market players are increasingly focusing on the development of advanced laser anti-drones to counter security threats posed by drones.
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.
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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 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.
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Major players in the APAC anti-drone market are working toward the development of advanced technologies to gain a competitive edge. Besides, they are focusing on improving their existing platforms and working in collaborations with other market leaders to expand their market reach in the region. DroneShield Limited is the leading player in the APAC market for counter-drones.
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.
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