Asia-Pacific (APAC) Anti-Drone Market Business Revenue Forecast


Posted August 7, 2020 by Rahul_Gautam

The Asia-Pacific (APAC) anti-drone market is predicted to progress at a 47.8% CAGR during the forecast period (2018–2025) and attain a valuation of $2,105.0 million by 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 Japan’s nuclear policy let fall a drone containing radioactive sand onto the Prime Minister’s 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 (2018–2025) 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.
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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Tags antidrone market , apac antidrone market , asiapacific apac antidrone market , asiapacific apac antidrone market report
Last Updated August 7, 2020