+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Global Drone Identification Systems market-Technologies, Market share and Industry Forecast to 2024

  • ID: 4658214
  • Report
  • Region: Global
  • 240 Pages
  • Occams Business Research and Consulting
1 of 4
Global Drone Identification Systems Market is Anticipated to Grow at CAGR of 24% during the forecasted period 2017-2024

FEATURED COMPANIES

  • Aaronia Ag (Germany)
  • Department 13 Ltd. (Usa)
  • Drone Labs Llc (USA)
  • Kelving Huges Ltd. (UK)
  • Precision Hawk Inc. (USA)
  • Rinicom Ltd. (UK)
  • MORE

Global drone identification systems market is anticipated to grow at CAGR of 24% during the forecasted period 2017-2024. Rampant illegal use of drones, rising security concerns, advancement in detection and identification technologies, growing number of cyber-attacks, increasing military spending, and government regulations on identification of drones are the factors driving global drone identification market for the forecast period.

However, high cost of drone identification system and system vulnerabilities to cyber-attacks would restrain drone market growth for the forecast period. Emerging markets like India and China, declining cost of semiconductors and other electronic components present opportunities of drone identification system market growth. However, factors like system & data security, intense competition from hardware & software manufacturers, air traffic management, would pose a challenge for drone identification system market growth for the forecast period.

Geographically, global drone identification systems market is segmented as North America, Asia Pacific, Europe and Rest of World. North America holds the largest share of the market in terms of revenue in 2017 and continues to dominate the market. Significant presence of software & hardware manufacturers, increasing military spending, and rise in illegal use of drones are driving investment towards drone identification systems in North America.

Asia Pacific is the fastest growing market for drone identification systems for the forecast period. The market growth is ascribed to rising number of illegal drone flights, thriving commercial drone market, and rise in military spending in the region.  

Global drone identification systems market is segmented on the basis of technology, application and end-users. The technology segment is bifurcated on the basis of detection & identification and response. Detection & identification holds largest market share within technology segment and is expected to grow with highest CAGR for the forecast period. New Federal Aviation Administration (FAA) regulations mandating detection & identification of drones being flown has fuelled demand for detection & identification technology segment for the forecast period.

Detection & identification technology segment is further sub segmented as optical cameras, thermal cameras, acoustic systems, radio systems, radar systems, and other systems & devices. Similarly, response segment is bifurcated in terms of laser technology, EMP devices, and others. Application segment is further bifurcated in terms of stationary and moving systems.

Stationary systems holds largest market share in 2017.  By end-user, military holds the largest market share in terms of revenue in 2017. Increasing military expenditure, rising security risks, increasing surveillance needs has bolstered demand for drone identification systems in military. However, commercial drone identification systems are anticipated to grow at highest CAGR for the forecast period. The market growth is fuelled by risk security breaches via drones in areas like energy and critical infrastructure establishments.

Some of the key players within global drone identification systems market are Thales group (France), Precision Hawk Inc. (USA), Drone Labs LLC (USA), Dedrone Inc. (USA), Aaronia AG (Germany) and others. Mergers & acquisitions, collaboration, partnership, product launch and contract are some strategies used by key players in the market to gain market share.

Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Aaronia Ag (Germany)
  • Department 13 Ltd. (Usa)
  • Drone Labs Llc (USA)
  • Kelving Huges Ltd. (UK)
  • Precision Hawk Inc. (USA)
  • Rinicom Ltd. (UK)
  • MORE

1. Introduction
1.1. Executive Summary
1.2. Estimation Methodology

2. Market Overview
2.1. Global Drone Identification Systems Market: Evolution & Transition
2.2. Market Definition & Scope
2.3. Industry Structure
2.4. Regulatory Framework
2.5. Total Market Analysis
2.5.1. Top 5 Findings
2.5.2. Top 5 Opportunity Markets
2.5.3. Top 5 Companies
2.5.4. Top 3 Competitive Strategies
2.6. Estimation Analysis
2.7. Strategic Analysis
2.7.1. Investment Vs. Adoption Model
2.7.2. 360-Degree Industry Analysis
2.7.3. Porter’S 5 Force Model
2.7.4. See-Saw Analysis
2.7.5. Consumer Analysis And Key Buying Criteria
2.8. Competitive Analysis
2.8.1. Market Share Analysis & Top Company Analysis
2.9. Strategic Recommendations & Key Conclusions
2.9.1. Investment Opportunities By Regions
2.9.2. Opportunities In Emerging Applications
2.9.3. Investment Opportunity In Fastest Growing Segment

3. Market Determinants
3.1. Market Drivers
3.1.1. Rampant Illegal Use Of Drones
3.1.2. Rising Security Concerns
3.1.3. Advancement In Detection & Identification Technologies
3.1.4. Growing Number Of Cyber Attacks
3.1.5. Government Regulations On Identification Of Drones
3.1.6. Increasing Military Spending
3.2. Market Restraints
3.2.1. High Cost Of Drone Identification System
3.2.2. System Vulnerabilities To Cyber Attacks
3.3. Market Opportunities
3.3.1. Emerging Markets Like India And China
3.3.2. Declining Cost Of Semiconductors And Other Electronic Components
3.3.3. Advancements In Smart Detection & Tracking Systems
3.4.   Market Challenges
3.4.1. System & Data Security
3.4.2. Intense Competition
3.4.3. Air Traffic Management
3.4.4. Issues On Countering Drones

4. Global Drone Identification System Market By Technology
4.1. Market Definition And Scope
4.2. Decision Support Database & Estimation Methodology
4.3. Comparative Analysis Across Market Segments
4.4.  Opportunity Matrix
4.5. Market Segmentation
4.5.1. Global Detection & Identification Market
4.5.1.1. Adoption Scenario & Market Determinants
4.5.1.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.5.1.3. Key Conclusions
4.5.1.4. Market Sub-Segments
4.5.1.4.1. Optical Cameras
4.5.1.4.2. Thermal Cameras
4.5.1.4.3. Acoustic Systems
4.5.1.4.4. Radio Systems
4.5.1.4.5. Radar Systems
4.5.1.4.6. Other Detection & Identification Systems (Blockchain)
4.5.2. Global Response Market
4.5.2.1. Adoption Scenario & Market Determinants
4.5.2.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.5.2.3. Key Conclusions
4.5.2.4. Market Sub-Segments
4.5.2.4.1. Laser Technology
4.5.2.4.2. Emp Devices
4.5.2.4.3. Other Systems & Devices

5. Global Drone Identification System Market By Application
5.1. Market Definition And Scope
5.2. Decision Support Database & Estimation Methodology
5.3. Comparative Analysis Across Market Segments
5.4.  Opportunity Matrix
5.5. Market Segmentation
5.5.1. Global Stationary Systems Market
5.5.1.1. Adoption Scenario & Market Determinants
5.5.1.2. Market Estimations And Forecasts 2015-2024 ($ Million)
5.5.1.3. Key Conclusions
5.5.2. Global Moving Systems Market
5.5.2.1. Adoption Scenario & Market Determinants
5.5.2.2. Market Estimations And Forecasts 2015-2024 ($ Million)
5.5.2.3. Key Conclusions

6. Global Drone Identification System Market By End User
6.1. Market Definition And Scope
6.2. Decision Support Database & Estimation Methodology
6.3. Comparative Analysis Across Market Segments
6.4.  Opportunity Matrix
6.5. Market Segmentation
6.5.1. Global Commercial Market
6.5.1.1. Adoption Scenario & Market Determinants
6.5.1.2. Market Estimations And Forecasts 2015-2024 ($ Million)
6.5.1.3. Key Conclusions
6.5.2. Global Military Market
6.5.2.1. Adoption Scenario & Market Determinants
6.5.2.2. Market Estimations And Forecasts 2015-2024 ($ Million)
6.5.2.3. Key Conclusions

7. Competitive Landscape
7.1. Key Strategies
7.1.1. List Of Mergers And Acquisitions
7.1.2. List Of Joint Ventures
7.1.3. List Of Product Launches
7.1.4. List Of Partnerships

8. Geographic Analysis
8.1. Decision Support Database & Estimation Methodology
8.2. Comparative Analysis Across Market Segments
8.3. Opportunity Matrix
8.4.  Global Drone Identification Systems Market By Region 2015-2024
8.4.1. North America
8.4.1.1. Industry Analysis 2015-2024 ($ Million)
8.4.1.2. Top Country Analysis
8.4.1.2.1. U.S.
8.4.1.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.1.2.1.2. Key Conclusions
8.4.1.2.2. Canada
8.4.1.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.1.2.2.2. Key Conclusions
8.4.2. Europe
8.4.2.1. Industry Analysis 2015-2024 ($ Million)
8.4.2.2. Top Country Analysis
8.4.2.2.1. UK
8.4.2.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.2.2.1.2. Key Conclusions
8.4.2.2.2. France
8.4.2.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.2.2.2.2. Key Conclusions
8.4.2.2.3. Germany
8.4.2.2.3.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.2.2.3.2. Key Conclusions
8.4.2.2.4. Spain
8.4.2.2.4.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.2.2.4.2. Key Conclusions
8.4.2.2.5. Rest Of Europe
8.4.2.2.5.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.2.2.5.2. Key Conclusions
8.4.3. Asia Pacific
8.4.3.1. Industry Analysis 2015-2024 ($ Million)
8.4.3.2. Top Country Analysis
8.4.3.2.1. China
8.4.3.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.3.2.1.2. Key Conclusions
8.4.3.2.2. India
8.4.3.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.3.2.2.2. Key Conclusions
8.4.3.2.3. Japan
8.4.3.2.3.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.3.2.3.2. Key Conclusions
8.4.3.2.4. Australia
8.4.3.2.4.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.3.2.4.2. Key Conclusions
8.4.3.2.5. Rest Of Asia Pacific
8.4.3.2.5.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.3.2.5.2. Key Conclusions
8.4.4. Row
8.4.4.1. Industry Analysis 2015-2024 ($ Million)
8.4.4.2. Top Country Analysis
8.4.4.2.1. Latin America
8.4.4.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.4.2.1.2. Key Conclusions
8.4.4.2.2. Middle East & Africa
8.4.4.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.4.2.2.2. Key Conclusions

9. Company Profiles
9.1. Aaronia Ag (Germany)
9.1.1. Overview
9.1.2. Technology Portfolio
9.1.3. Strategic Initiatives
9.1.4. Scot Analysis
9.1.5. Strategic Analysis
9.2. Blighter Surveillance Systems Ltd. (UK)
9.2.1. Overview
9.2.2. Technology Portfolio
9.2.3. Strategic Initiatives
9.2.4. Scot Analysis
9.2.5. Strategic Analysis
9.3. Department 13 Ltd. (USA)
9.3.1. Overview
9.3.2. Technology Portfolio
9.3.3. Strategic Initiatives
9.3.4. Scot Analysis
9.3.5. Strategic Analysis
9.4. Dedrone Inc. (USA)
9.4.1. Overview
9.4.2. Technology Portfolio
9.4.3. Strategic Initiatives
9.4.4. Scot Analysis
9.4.5. Strategic Analysis
9.5. Dji Inc. (China)
9.5.1. Overview
9.5.2. Technology Portfolio
9.5.3. Strategic Initiatives
9.5.4. Scot Analysis
9.5.5. Strategic Analysis
9.6. Drone Labs Llc (USA)
9.6.1. Overview
9.6.2. Technology Portfolio
9.6.3. Strategic Initiatives
9.6.4. Scot Analysis
9.6.5. Strategic Analysis
9.7. Drone Shield (Australia)
9.7.1. Overview
9.7.2. Technology Portfolio
9.7.3. Strategic Initiatives
9.7.4. Scot Analysis
9.7.5. Strategic Analysis
9.8. Kelving Huges Ltd. (UK)
9.8.1. Overview
9.8.2. Technology Portfolio
9.8.3. Strategic Initiatives
9.8.4. Scot Analysis
9.8.5. Strategic Analysis
9.9. Leonardo Spa (Italy)
9.9.1. Overview
9.9.2. Technology Portfolio
9.9.3. Strategic Initiatives
9.9.4. Scot Analysis
9.9.5. Strategic Analysis
9.10. Mistral Solutions Ltd. (India)
9.10.1. Overview
9.10.2. Technology Portfolio
9.10.3. Strategic Initiatives
9.10.4. Scot Analysis
9.10.5. Strategic Analysis
9.11. Precision Hawk Inc. (USA)
9.11.1. Overview
9.11.2. Technology Portfolio
9.11.3. Strategic Initiatives
9.11.4. Scot Analysis
9.11.5. Strategic Analysis
9.12. Rheinmetall Ag (Germany)
9.12.1. Overview
9.12.2. Technology Portfolio
9.12.3. Strategic Initiatives
9.12.4. Scot Analysis
9.12.5. Strategic Analysis
9.13. Rinicom Ltd. (UK)
9.13.1. Overview
9.13.2. Technology Portfolio
9.13.3. Strategic Initiatives
9.13.4. Scot Analysis
9.13.5. Strategic Analysis
9.14. Senso-Fusion (Finland)
9.14.1. Overview
9.14.2. Technology Portfolio
9.14.3. Strategic Initiatives
9.14.4. Scot Analysis
9.14.5. Strategic Analysis
9.15. Thales Group (France)
9.15.1. Overview
9.15.2. Technology Portfolio
9.15.3. Strategic Initiatives
9.15.4. Scot Analysis
9.15.5. Strategic Analysis

List Of Tables
1. Global Drone Identification Systems Market By Technology 2015-2024 ($ Million)
2. Global Drone Detection & Identification Market By Geography 2015-2024 ($ Million)
3. Global Drone Optical Cameras Market By Geography 2015-2024 ($ Million)
4. Global Drone Thermal Cameras Market By Geography 2015-2024 ($ Million)
5. Global Acoustics Systems Market By Geography 2015-2024 ($ Million)
6. Global Radio Systems Market By Geography 2015-2024 ($ Million)
7. Global Radar Systems Market By Geography 2015-2024 ($ Million)
8. Global Other Detection & Identification Systems Market By Geography 2015-2024 ($ Million)
9. Global Drone Response Market By Geography 2015-2024 ($ Million)
10. Global Drone Laser Technology Market By Geography 2015-2024 ($ Million)
11. Global Drone Emp Devices Market By Geography 2015-2024 ($ Million)
12. Global Drone Other Systems & Reponse Market By Geography 2015-2024 ($ Million)
13. Global Drone Identification Systems Market By Application 2015-2024 ($ Million)
14. Global Stationary Systems Market By Geography 2015-2024 ($ Million)
15. Global Moving Systems Market By Geography 2015-2024 ($ Million)
16. Global Drone Identification Systems Market By End User 2015-2024 ($ Million)
17. Global Commercial Market By Geography 2015-2024 ($ Million)
18. Global Military Market By Geography 2015-2024 ($ Million)
19. North America Drone Identification Systems Market 2015-2024 ($ Million)
20. Europe Drone Identification Systems Market 2015-2024 ($ Million)
21. Asia Pacific Drone Identification Systems Market 2015-2024 ($ Million)
22. Rest Of The World Drone Identification Systems Market 2015-2024 ($ Million)
23. North America Drone Identification Systems Market By Technology 2015-2024 ($ Million)
24. North America Drone Identification Systems Market By Applications 2015-2024 ($ Million)
25. North America Drone Identification Systems Market By End User 2015-2024 ($ Million)
26. Europe Drone Identification Systems Market By Technology 2015-2024 ($ Million)
27. Europe Drone Identification Systems Market By Applications 2015-2024 ($ Million)
28. Europe Drone Identification Systems Market By End User 2015-2024 ($ Million)
29. Asia Pacific Drone Identification Systems Market By Technology 2015-2024 ($ Million)
30. Asia Pacific Drone Identification Systems Market By Applications 2015-2024 ($ Million)
31. Asia Pacific Drone Identification Systems Market By End User 2015-2024 ($ Million)
32. Row Drone Identification Systems Market By Technology 2015-2024 ($ Million)
33. Row Drone Identification Systems Market By Applications 2015-2024 ($ Million)
34. Row Drone Identification Systems Market By End User 2015-2024 ($ Million)
35. United States Drone Identification Systems Market By Technology 2015-2024 ($ Million)
36. Canada Drone Identification Systems Market By Technology 2015-2024 ($ Million)
37. Uk Drone Identification Systems Market By Technology 2015-2024 ($ Million)
38. Germany Drone Identification Systems Market By Technology 2015-2024 ($ Million)
39. France Drone Identification Systems Market By Technology 2015-2024 ($ Million)
40. Spain Drone Identification Systems Market By Technology 2015-2024 ($ Million)
41. Roe Drone Identification Systems Market By Technology 2015-2024 ($ Million)
42. China Drone Identification Systems Market By Technology 2015-2024 ($ Million)
43. India Drone Identification Systems Market By Technology 2015-2024 ($ Million)
44. Japan Drone Identification Systems Market By Technology 2015-2024 ($ Million)
45. Roapac Drone Identification Systems Market By Technology 2015-2024 ($ Million)
46. Latin America Drone Identification Systems Market By Technology 2015-2024 ($ Million)
47. Mena Drone Identification Systems Market By Technology 2015-2024 ($ Million)

List Of Figures
1. Global Detection & Identification Market 2015-2024 ($ Million)
2. Global Optical Cameras Market 2015-2024 ($ Million)
3. Global Thermal Cameras Market 2015-2024 ($ Million)
4. Global Acoustics Systems Market 2015-2024 ($ Million)
5. Global Radio Systems Market 2015-2024 ($ Million)
6. Global Radar Systems Market 2015-2024 ($ Million)
7. Global Other Detection & Identification Systems Market 2015-2024 ($ Million)
8. Global Response Market 2015-2024 ($ Million)
9. Global Laser Technology Market 2015-2024 ($ Million)
10. Global Emp Devices Market 2015-2024 ($ Million)
11. Global Other Systems & Reponse Market 2015-2024 ($ Million)
12. Global Stationary Systems Market 2015-2024 ($ Million)
13. Global Moving Systems Market 2015-2024 ($ Million)
14. Global Commercial Systems Market 2015-2024 ($ Million)
15. Global Military Systems Market 2015-2024 ($ Million)
16. United States (U.S.) Drone Identification Systems Market 2015-2024 ($ Million)
17. Canada Drone Identification Systems Market 2015-2024 ($ Million)
18. United Kingdom (UK) Drone Identification Systems Market 2015-2024 ($ Million)
19. France Drone Identification Systems Market 2015-2024 ($ Million)
20. Germany Drone Identification Systems Market 2015-2024 ($ Million)
21. Spain Drone Identification Systems Market 2015-2024 ($ Million)
22. Roe Drone Identification Systems Market 2015-2024 ($ Million)
23. India Drone Identification Systems Market 2015-2024 ($ Million)
24. China Drone Identification Systems Market 2015-2024 ($ Million)
25. Japan Drone Identification Systems Market 2015-2024 ($ Million)
26. Australia Drone Identification Systems Market 2015-2024 ($ Million)
27. Roapac Drone Identification Systems Market 2015-2024 ($ Million)
28. Latin America Drone Identification Systems Market 2015-2024 ($ Million)
29. Mena Drone Identification Systems Market 2015-2024 ($ Million)

Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4

FEATURED COMPANIES

  • Aaronia Ag (Germany)
  • Department 13 Ltd. (Usa)
  • Drone Labs Llc (USA)
  • Kelving Huges Ltd. (UK)
  • Precision Hawk Inc. (USA)
  • Rinicom Ltd. (UK)
  • MORE

Global drone identification systems market witnessing significant growth rate through 2024
Drone identification systems are technologies used for detection, tracking, and mitigating risk posed by rogue drones. These systems are mainly used in security of critical infrastructures like power plant, communication systems, government buildings and military institutions. Demand for drone identification systems has increased following rise in illegal use of drones especially small drones that are slow difficult to be detected with conventional surveillance systems like radar.

Global drone identification systems market is anticipated to grow at CAGR of 24% for the forecasted period 2017-2024. Rampant illegal use of drones, rising security concerns and increasing military spending are prime factors driving global drone identification systems market. Other secondary factors aiding market growth include advancements in detection & identification technologies and government regulations on identification of drones. 

Increasing military spending: Growth driver
Increasing military expenditure is amongst the prime factor driving global drone identification systems market growth for the forecast period.
As per Stockholm International Peace Research Institute study, global military expenditure is estimated to be around $1.7 trillion for fiscal year 2017, an increase of 1.1% from fiscal year 2016. United States of America (USA) continues to dominate global military spending remotely by China, Saudi Arabia and India.

Total military expenditure of USA as per Department of Defense (DoD) estimate was around $610 billion for fiscal year 2017. DoD anticipates military expenditure in USA would continue to rise whilst large scale modernization drive of present conventional warfare systems. DoD stressed importance of unmanned aerial defense systems since 1980 and continues to fund for research & development of new systems with broader capabilities.

A study by Centre for the Study for Drone at Bard College, New York, USA, DoD plans to spend between $500 million to $1,050 million per annum on procurement, research and production of counter drone systems for fiscal year 2018 & 2019. Around 44% of the funding will be used for procurement of state of the art counter drone systems directly from market and rest dedicated for R&D especially in areas of monitoring & tracking. With strong economic outlook, China continues to increase its annual military expenditure. As per SIPRI study, defense expenditure of China is anticipated to increase by 5.6% for fiscal year 2017.

Peoples Liberation Army Air Force Unit (PLAAFU) of China is looking forward to procure drone detection & counter systems having capability of monitoring small slow moving drones at various altitudes in 2017. Other countries vying for drone detection systems include India, Australia, France, UK, Japan and Germany. Tests are being conducted to design drone countering systems of using thermal & optical cameras and radio systems. Increasing military expenditure on drone systems and demand for counter drone devices would augment global drone identification systems market growth for the forecast period.

Rampant Illegal Use of Drones: Growth Promoter
Rampant illegal use of drones is on rise across the globe. Federal Aviation Administration (FAA) of United States reported total 451 illegal drone sightings for Q1 2018 an increase from 403 in Q1 2017. FAA besides placing regulations is looking forward to work with industry partners to monitor, track, and counter systems against drones. China is amongst the leading manufacturer of commercial drones in the world. As of 2018, China has more than 20,000 unregistered drones according to China UAV Safety Development Forum.

China Aviation Industry Development Research Centre, study found that illegal use of drone not only threatens critical infrastructure area in urban cities but also is a threat to civil aviation space. For instance, in 2017, 9 cases of illegal drone flights led to cancellation of 43 international flights and delay of 142 flights at Chengdu Shuangliu International Airport, further 112 flights were diverted to alternate domestic airports.

China Civil Aviation Administration (CAAC) has proposed development tracking & monitoring of drones via cloud computing technology.  Likewise, India and Japan are on the forefront of procuring and implement counter drone systems. Consortium of Unmanned Vehicle Systems India (CUVSI) estimates presence of roughly 40,000 drones in India most of being smaller in size, with low altitude flights & payload capacity.

Presence of unregistered drone in the country poses a bigger threat for security of critical establishments making government and Directory General of Civil Aviation (DGCA) to invest in drone counter measures. National Police Agency (NPA) in Japan reported 77 new cases of illegal drones in 2017 increasing from 36 in 2016. Increasing number of illegal flights of drones along critical infrastructures has led government & public organization to invest in anti-drone technology aiding drone identification market growth for the forecast period.

Asia Pacific: Fastest growing market
Asia Pacific is the fastest growing region for drone identification systems market. Increasing military funding, rising security concerns especially in urban cities & near critical infrastructure areas, and heightened geopolitical issues are prime factors aiding drone identification systems market in Asia Pacific. Other factors ascribing market growth include changing regulatory landscape, thriving drone market and falling cost of semiconductors & other key electrical components. China, India, Australia, and Japan are foremost markets for drone identification systems in Asia Pacific. The publisher's analysis estimates commercial drone sales in Asia Pacific to reach revenue approximately $297 million in 2018 increasing from $154 million in 2016.

Commercial applications of drones in Asia Pacific are limited towards crop monitoring, aerial photography, and infrastructure inspection. Likewise, sales of military drones in the region are anticipated to increase whilst rising military spending and heightened geopolitical issues. With increasing sales of drones in Asia Pacific, probability of its illegal use also rises, aiding drone identification systems market in the region.

Note: Product cover images may vary from those shown
5 of 4
  • Aaronia Ag (Germany)
  • Blighter Surveillance Systems Ltd. (UK)
  • Dedrone Inc. (USA)
  • Department 13 Ltd. (Usa)
  • Dji Inc. (China)
  • Drone Labs Llc (USA)
  • Drone Shield (Australia)
  • Kelving Huges Ltd. (UK)
  • Leonardo Spa (Italy)
  • Mistral Solutions Ltd. (India)
  • Precision Hawk Inc. (USA)
  • Rheinmetall Ag (Germany)
  • Rinicom Ltd. (UK)
  • Senso-Fusion (Finland)
  • Thales Group (France)
Note: Product cover images may vary from those shown
Order Online - visit: https://www.researchandmarkets.com/reports/4658214
Adroll
adroll