Anti-drone Market Trends

Growth Drivers

• Increasing Investments in the Drones Industry - drones are currently equipped with high-end technology, advanced parts, and a limited payload capacity and durability. Thus, the rising investments in the drone industry by private companies and organizations are expected to drive global market growth over the forecast period. It was found that in 2021, the drone industry attracted USD 6.9 billion in investments, a significant increase of over USD 2.3 billion in 2020. Investments in drone companies focused on hardware reached USD 4.8 billion.
• Globally Rising Investments in Research and Development – which as per World Bank, in 2020 amounted to 2.63 percent of global GDP, an increase from 2.2% in 2018.
• Increase In Government Investment in The Aviation Industry – for instance, in the area of airport infrastructure and navigation services, India plans to invest USD1.8 billion by 2026.
• Rise In Military Budget Allocation - it was observed that in March 2022, China allocated about USD 190 billion for its military budget, up 6.7% from the prior year. An increase of 4.3% to nearly USD 68 billion is expected for India's military in 2022.
• Increasing Expenditure on Drones - a total of USD 12 billion was spent on drones by businesses and the government. Consumer drone sales in the United States surpassed USD 1.15 billion in 2020.

Challenges

• Damage Caused to Private Property – anti-drone deployments may create problems, such as electromagnetic and Radio Frequency (RF) interference, power transmission, jam frequencies, and others. The purchase of this equipment and its operation with frequencies which is not allowed is a major concern for causing damage to private property.
• Concerns About Citizen Safety
• System Development for Detection of Drones and Components for Anti-drone Systems