Global market for counter unmanned aircraft systems to exceed $2 billion by 2024
SANTA CLARA, Calif., - Frost & Sullivan's recent analysis, Global Counter UAS Market, Forecast to 2024, reveals that heightened demand for counter unmanned aerial systems (C-UAS) by the military for expensive, technologically advanced, multiple-sensor systems is driving C-UAS market growth opportunities. 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.
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
From a regional perspective, North America, led by the US Department of Defense (DoD), will spend substantially more than any other region on C-UAS. Europe has additional ability to use systems at airports due to private ownership and better funding, and the Middle East shows a lot of interest in C-UAS but is hesitant to make purchases, mainly due to uncertainty about the technologies.
For further information on this analysis, please visit https://go.frost.com/EI_PR_ADS_JHolmes_K39A_CounterUAS_Oct19%20
