Anti-Drone Market Outlook For Asia-Pacific - PowerPoint PPT Presentation

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Anti-Drone Market Outlook For Asia-Pacific

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Asia-Pacific (APAC) Anti-Drone Market Set to Attain Value of Over $2,000.0 Million in 2025 – PowerPoint PPT presentation

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Title: Anti-Drone Market Outlook For Asia-Pacific


1
Asia-Pacific (APAC) Anti-Drone Market Set to
Attain Value of Over 2,000.0 Million in
2025 One of the biggest factors responsible for
the growing demand for anti- drone systems in
the Asia-Pacific (APAC) region is the rising
incidence of near encounters of drones with
commercial aircrafts in the region. In the last
few years, there has been a huge rise of near
miss incidents between manned and unmanned
aircraft and this has caused several fatal
accidents in the region. For instance, due to
security failure at the Taj Mahal, India, in
October 2018, a Chinese tourist was able to take
his drone inside the Central Industrial Security
Force (CISF)-manned area. The other major factor
propelling the adoption of anti drone systems in
the Asia-Pacific (APAC) region is the increasing
occurrence of security contravention incidents
by drones in the region. For instance, a man
protesting against Japans nuclear policy let
fall a drone containing radioactive sand onto
the Prime Ministers Office in Tokyo, in 2015.
Thus, in order to reduce the incidents of
drone-related accidents and to safeguard the
people and the important buildings against drone
attacks, the governments in many APAC countries
are enacting various counter-drone plans and
measures.
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Driven by the above-mentioned factors, the
Asia-Pacific (APAC) anti- drone market is
predicted to progress at a 47.8 CAGR during the
forecast period (20182025) and attain a
valuation of 2,105.0 million by 2025. Depending
on the type of platform used, the anti-drone
systems are classified into hand-held,
ground-based, and unmanned aerial vehicle (UAV)-
based systems. Amongst these, the UAV-based
drones are expected to register the fastest
growth in usage during the forecast period, owing
to the increasing shift toward advanced systems
for detecting and countering the security
threats caused by drones. The anti-drone systems
are mainly used in interdiction, and detection
and tracking applications. Of these, the
utilization of anti-drone systems for detection
and tracking applications was higher than the
usage of these systems for interdiction purposes
in 2017. This is primarily attributed to the
rising investments made by several private and
public organizations and firms in the APAC
countries for the development of technologically
advanced detection and tracking anti-drone
systems in order to mitigate the incidents of
drone-based terrorist attacks.
2
In the APAC region, China observed the highest
adoption of anti-drone systems in 2017 and it is
also predicted to register the highest growth in
the usage of counter-drone systems during the
forecast period. This is mainly ascribed to the
numerous investments made by the Chinese
government over the last few years for the
development of highly advanced anti-drone
systems. Moreover, there have been huge
investments in the defense sector of the country
in the last few years and this has contributed
massively to the boom of the APAC anti-drone
market in the country. Hence, it can be
concluded that due to the rising incidence of
accidents between drones and commercial
aircrafts and the increasing use of drones for
terror attacks, the adoption of anti-drone
systems will surge in the APAC region in the
coming years.
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