Enjoy complimentary customisation on priority with our Enterprise License!
The drone identification systems market share is expected to increase by USD 29.33 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 27.72%.
This drone identification systems market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers drone identification systems market segmentation by end-user (military and commercial) and geography (North America, Europe, APAC, Middle East and Africa, and South America). The drone identification systems market report also offers information on several market vendors, including Advanced Protection Systems, Blighter Surveillance Systems Ltd., Dedrone Holdings Inc., Department 13 Pty Ltd., Drone Defence Services Ltd., DroneShield Ltd., ELTA North America, HENSOLDT AG, Leonardo Spa, Liteye Systems Inc., Lockheed Martin Corp., Mistral Solutions Pvt. Ltd., Northrop Grumman Corp., OPENWORKS Engineering Ltd., Raytheon Technologies Corp., Thales Group, The Boeing Co., Aaronia AG, CACI International Inc., and Israel Aerospace Industries Ltd. among others.
Download the Free Report Sample to Unlock the Drone Identification Systems Market Size for the Forecast Period and Other Important Statistics
The evidence of threats posed by drones is notably driving the drone identification systems market growth, although factors such as technical limitations of technologies used may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the drone identification systems industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Drone Identification Systems Market Driver
The evidence of threats posed by drones is one of the key drivers supporting the drone identification systems market growth. For instance, in January 2016, a DJI Phantom drone crashed on the lawn of the White House. After the incident, DJI had to promptly issue a firmware update and introduce new no-fly zones to ensure that their drones are prevented from flying within 25 km of Washington. The incident caused serious concerns about the safety of the nation and individuals and the need to prevent the malicious use of commercial drones. Apart from dangers to individuals, commercial drones also pose a significant danger to aircraft. Thus, as the use of drones in public spaces and by hostile groups such as criminal and terrorist organizations increases, the adoption of drone identification systems will rise. In view of this, the global drone identification systems market will gain traction as military and civilian end-users increasingly adopt them for ensuring the safety of sensitive zones.
Key Drone Identification Systems Market Trend
The technological advances in drone identification systems is one of the key drone identification systems market trends that is contributing to the market growth. As the market gains traction during the forecast period, it is expected that vendors will focus on the technological advances and invest their R&D efforts on them to attain a competitive advantage over other players. Focusing on these factors can help both incumbent and emerging players, in formulating their business strategies and carrying out the planning for product development in a more efficient manner. Thus, increasing focus on developing such factors will propel the drone identification systems market growth during the forecast period.
Key Drone Identification Systems Market Challenge
The technical limitations of technologies is one of the factors hindering the drone identification systems market growth. Various technological drawbacks have been identified in drone identification systems, in terms of their ability to fly at low altitudes, limitations in their ability to be detected by radars, and their operation during certain weather conditions. There are some of the technical limitations of drones such as it requires RF signals for functioning and is not suitable for urban environments, also, it requires line-of-sight, and others. Such limitations may impede the drone identification systems market growth during the forecast period.
This drone identification systems market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global drone identification systems market as a part of the global industrial machinery market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the drone identification systems market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the drone identification systems market encompasses successful business strategies deployed by the key vendors. The drone identification systems market is fragmented and the vendors are deploying growth strategies such as geographical expansion, increasing production capacities, and upselling products by upgrading the existing ones to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The drone identification systems market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the drone identification systems market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
For more insights on the market share of various regions Request for a FREE sample now!
48% of the market's growth will originate from North America during the forecast period. The US is the key market for drone identification systems in North America. Market growth in this region will be faster than the growth of the market in South America.
The increase in the adoption of drones by the military and commercial segments will facilitate the drone identification systems market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The outbreak of COVID-19 had an adverse impact on several countries in North America, which negatively impacted the regional market growth. However, in Q3 2021, lockdowns were lifted, and the production and supply chain activities of drone identification systems were resumed, owing to the initiation of vaccination programs in the region. Hence, the regional demand for drone identification systems is expected to grow during the forecast period.
To gain further insights on the market contribution of various segments Request for a FREE sample
The drone identification systems market share growth by the military segment will be significant during the forecast period. The military segment analyses drone identification systems used by military organizations and national security agencies for guarding military facilities and vehicles, along borders and coastlines. In addition, drone identifications systems used for ensuring homeland security fall under this segment. Thus, military organizations across the globe are investing in technologies such as advanced drone detection systems and jamming capabilities. Such increasing investment will drive the drone identification systems market growth during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the drone identification systems market size and actionable market insights on post COVID-19 impact on each segment.
Drone Identification Systems Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 27.72% |
Market growth 2022-2026 |
$ 29.33 billion |
Market structure |
Fragmented |
YoY growth (%) |
27.23 |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
Performing market contribution |
North America at 48% |
Key consumer countries |
US, Israel, Turkey, China, and Germany |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Advanced Protection Systems, Blighter Surveillance Systems Ltd., Dedrone Holdings Inc., Department 13 Pty Ltd., Drone Defence Services Ltd., DroneShield Ltd., ELTA North America, HENSOLDT AG, Leonardo Spa, Liteye Systems Inc., Lockheed Martin Corp., Mistral Solutions Pvt. Ltd., Northrop Grumman Corp., OPENWORKS Engineering Ltd., Raytheon Technologies Corp., Thales Group, The Boeing Co., Aaronia AG, CACI International Inc., and Israel Aerospace Industries Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by End-user
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.