The South Korea anti-drone market is expected to witness significant growth during forecast period. This is attributed to rise in need for unmanned aerial vehicles (UAVs) & drones and increase in demand for effective anti-drone solutions. Factors such as technological advancement, rise in drone-related activities, and increase in use of drones are expected to supplement the growth of the South Korea anti-drone market. Moreover, increase in penetration of drones such as agriculture and logistics has led to increased demand for advanced solutions to ensure the safety of South Korea infrastructure.
However, rise in security and privacy concerns regarding the usage of anti-drone technologies is expected to be major restraint in the market. In addition, striking the right balance between protection and liberty remains a perplexing challenge for the market growth. On the other hand, South Korea has a strong technology ecosystem that encourage innovation in the anti-drone sector creating potential opportunities for the market players in the future. In addition, defense and commercial sectors are expected to offer lucrative opportunities for the market growth by developing and implementing anti-drone solutions.
The South Korea anti-drone market is segmented into technology, platform type, application, and end use. On the basis of technology, the market is divided into electronic systems, kinetic systems, and laser systems. By platform type, the market is fragmented into ground, handheld, and UAV-based. Depending on the application, the market is bifurcated into detection and disruption. Based on end use, the market is segregated into government, military & defense, and commercial.
The South Korea anti-drone market is expected to witness several trends in the coming years. One of the most prominent trends is the rapid evolution of anti-drone technologies. Furthermore, the market is anticipated to witness a shift toward more portable and handheld anti-drone devices, making them accessible to a broader range of users. The Government of South Korea has implemented stringent regulations to address privacy concerns and ensure responsible usage of anti-drone technologies.
Furthermore, the government agencies are heavily investing in anti-drone solutions to safeguard critical infrastructure and national security. Furthermore, the military & defense sectors are focused on the development of cutting-edge technologies. Moreover, rise of e-commerce and increase in drone deliveries are expected to drive the market growth in the coming years. In addition, rise in awareness for anti-drone measures has encouraged companies to invest and introduce innovative technologies, which in turn contribute to the market expansion.
Companies are focused on new product development in the anti-drone sector. Furthermore, firms are heavily investing in R&D activities to create advanced and efficient anti-drone systems.
The Porter's five force analysis is an important tool for understanding the forces at play in a particular industry and it can be used to assess the competitiveness of the market.The threat of new entrants is relatively low due to advanced anti-drone technologies requiring substantial investment in R&D activities. The bargaining power of suppliers is high. The complexity and specificity of technologies mean that suppliers demand for terms and prices, impacting the overall cost structure for anti-drone system manufacturers.
The bargaining power of buyers is relatively high due to the availability of multiple buyers. The threat of substitutes is moderate. While anti-drone systems have a unique role in countering drone threats, alternative methods, such as regulation and airspace control, can provide partial substitutes. The competitive rivalry in this market is intense due to the presence of several existing players in the market.
The SWOT analysis of the South Korea anti-drone market is a management technique used to identify the strengths, weaknesses, opportunities, and threats for the market. The strengths of the anti-drone market include technological advancement, diverse end-use sectors, and strong defense capabilities. The weakness of the market relies on the regulatory challenges, collateral damage risks, and high development costs. The major opportunities include rising drone adoption, technological innovation, and export potential. The threats for the anti-drone market are emerging competition, regulatory hurdles, and technological complexity.
The key players operating in the South-Korea anti-drone market include Hanwha Techwin, Lockheed Martin, General Atomics, elite-Sciences, Drone Shield, Dome, Inc., Sentry Eyes, Ohmni Labs, Ohmni Labs, Dragon tail Systems,
However, rise in security and privacy concerns regarding the usage of anti-drone technologies is expected to be major restraint in the market. In addition, striking the right balance between protection and liberty remains a perplexing challenge for the market growth. On the other hand, South Korea has a strong technology ecosystem that encourage innovation in the anti-drone sector creating potential opportunities for the market players in the future. In addition, defense and commercial sectors are expected to offer lucrative opportunities for the market growth by developing and implementing anti-drone solutions.
The South Korea anti-drone market is segmented into technology, platform type, application, and end use. On the basis of technology, the market is divided into electronic systems, kinetic systems, and laser systems. By platform type, the market is fragmented into ground, handheld, and UAV-based. Depending on the application, the market is bifurcated into detection and disruption. Based on end use, the market is segregated into government, military & defense, and commercial.
The South Korea anti-drone market is expected to witness several trends in the coming years. One of the most prominent trends is the rapid evolution of anti-drone technologies. Furthermore, the market is anticipated to witness a shift toward more portable and handheld anti-drone devices, making them accessible to a broader range of users. The Government of South Korea has implemented stringent regulations to address privacy concerns and ensure responsible usage of anti-drone technologies.
Furthermore, the government agencies are heavily investing in anti-drone solutions to safeguard critical infrastructure and national security. Furthermore, the military & defense sectors are focused on the development of cutting-edge technologies. Moreover, rise of e-commerce and increase in drone deliveries are expected to drive the market growth in the coming years. In addition, rise in awareness for anti-drone measures has encouraged companies to invest and introduce innovative technologies, which in turn contribute to the market expansion.
Companies are focused on new product development in the anti-drone sector. Furthermore, firms are heavily investing in R&D activities to create advanced and efficient anti-drone systems.
The Porter's five force analysis is an important tool for understanding the forces at play in a particular industry and it can be used to assess the competitiveness of the market.The threat of new entrants is relatively low due to advanced anti-drone technologies requiring substantial investment in R&D activities. The bargaining power of suppliers is high. The complexity and specificity of technologies mean that suppliers demand for terms and prices, impacting the overall cost structure for anti-drone system manufacturers.
The bargaining power of buyers is relatively high due to the availability of multiple buyers. The threat of substitutes is moderate. While anti-drone systems have a unique role in countering drone threats, alternative methods, such as regulation and airspace control, can provide partial substitutes. The competitive rivalry in this market is intense due to the presence of several existing players in the market.
The SWOT analysis of the South Korea anti-drone market is a management technique used to identify the strengths, weaknesses, opportunities, and threats for the market. The strengths of the anti-drone market include technological advancement, diverse end-use sectors, and strong defense capabilities. The weakness of the market relies on the regulatory challenges, collateral damage risks, and high development costs. The major opportunities include rising drone adoption, technological innovation, and export potential. The threats for the anti-drone market are emerging competition, regulatory hurdles, and technological complexity.
The key players operating in the South-Korea anti-drone market include Hanwha Techwin, Lockheed Martin, General Atomics, elite-Sciences, Drone Shield, Dome, Inc., Sentry Eyes, Ohmni Labs, Ohmni Labs, Dragon tail Systems,
Additional benefits you will get with this purchase are:
- Quarterly Update and* (only available with a corporate license, on listed price)
- 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
- Free Upcoming Version on the Purchase of Five and Enterprise User License.
- 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
- Free data Pack on the Five and Enterprise User License. (Excel version of the report)
- Free Updated report if the report is 6-12 months old or older.
- 24-hour priority response*
- Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
- Technology Trend Analysis
- SWOT Analysis
Key Market Segments
By Technology
- Electronic System
- Laser System
- Kinetic System
By Application
- Detection
- Disruption
By End Use
- Government
- Military and Defense
- Commercial
By Platform
- Ground
- Handheld
- UAV based
- Key Market Players
- DoDaam - A South Korean defense and security manufacturer that provides counter-UAV solutions including active radar and infrared sensors.
- KAI - Korea Aerospace Industries
- Hanwha Techwin
- Lockheed Martin
- General Atomics
- eliTE-Sciences
- DroneShield
- Dome, Inc.
- SentryEyes
- OhmniLabs
- Dragontail Systems
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: SOUTH KOREA ANTI-DRONE MARKET, BY TECHNOLOGY
CHAPTER 5: SOUTH KOREA ANTI-DRONE MARKET, BY APPLICATION
CHAPTER 6: SOUTH KOREA ANTI-DRONE MARKET, BY END USE
CHAPTER 7: SOUTH KOREA ANTI-DRONE MARKET, BY PLATFORM
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Companies Mentioned
- DoDaam – A South Korean defense and security manufacturer that provides counter-UAV solutions including active radar and infrared sensors.
- KAI - Korea Aerospace Industries
- Hanwha Techwin
- Lockheed Martin
- General Atomics
- eliTE-Sciences
- DroneShield
- Dome, Inc.
- SentryEyes
- OhmniLabs
- Dragontail Systems
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
LOADING...
