Global market for counter UAS to exceed $2bn by 2024
Frost & Sullivan's recent analysis, Global Counter UAS Market, Forecast to 2024, reveals that heightened demand for commercial unmanned aerial systems (C-UAS) by the military for expensive, technologically advanced, multiple-sensor systems is driving innovative C-UAS market growth opportunities.
Courtesy Frost & Sullivan
Furthermore, commercial and civil end users are seeking robust, low-cost C-UAS that can locate drone operators and operate on open architecture software that allows for integration into existing security systems. Based on these trends, Frost & Sullivan expects C-UAS market revenues to exceed $2 billion by 2024.
"The rapid proliferation of small drones and their expanding threat is driving significant investment and innovation in C-UAS. However, adoption of these technologies is limited by individual country rules against wiretapping, jamming, and computer hacking - all methods employed by various C-UAS," said Michael Blades, Vice President, Aerospace, Defence and Security, Frost & Sullivan. "To gain a competitive advantage in an evolving ecosystem, players should look toward developing robust analytics and enabling/optimising passive detection sensors, which can accurately capture and record data during all phases of the kill chain."
Further disruptive transformations in this market include artificial intelligence (AI) algorithms that automate the detection, identification, locating, and tracking of drones with minimal false detections, and directed energy weapons that can mitigate multiple drones quickly and/or simultaneously.
"OEMs that show their systems can be effective against the majority of current threats and can be adapted to future threats will realise the most market advancement," observed Blades.