Drone Defense System Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

Drone Defense System Market Statistics 2027
In 2020, the global Drone Defense System market size was US$ 1825.6 million and it is expected to reach US$ 16460 million by the end of 2027, with a CAGR of 36.7% during 2021-2027. Key drivers of the drone defense system market include growing applications in the military to stop the rise of terror activities.

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The rising need for maintaining homeland security against counter-insurgency operations will surge the growth of the drone defense system market during the forecast period.
The deployment of drones in commercial applications will push the market forward in the coming years.
Trends Influencing Drone Defense System Market
The rise of Military Drones
Terror attacks have become decentralized and sophisticated across the globe. The response to anti-terrorism should include mechanisms dealing with terror operations, target awareness, continuous monitoring, and intelligence regarding immigration profiling, border patrolling, and quick identification of suspicious persons. Drones come with high optic and infrared video camera capabilities that provide 360-degree coverage, and intelligent analysis for locating potential terrorists. They are extremely beneficial in reconnaissance and covert operations due to faster turnaround times, the precise location of onsite threats, and quick retreat. Paramilitary forces are deploying drones that come with wide-area penetration and complete endurance. Risky operations can be undertaken from remote locations thereby leading to lesser human casualties. These factors will fuel the growth of the drone defense system market during the forecast period.

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Market by Type
Identification & Detection, Countermeasures

by Applications
Military, Commercial, Homeland Security

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