Global Drone Defense Equipment market cagr 13.8%

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Drone Defense Equipment Market

Drone Defense Equipment Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Drone Defense Equipment Market Size and Growth

The Drone Defense Equipment market is expanding rapidly due to escalating security concerns and the rise of UAV threats. As of 2023, the market size is estimated at approximately $2 billion, with substantial growth projected through 2030, driven by advancements in technology and increased defense budget allocations worldwide.

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Companies Covered

(Covid 19 Impact Covered)

◍ Battelle

◍ Boeing

◍ Enterprise Control Systems Ltd (SPX Technologies)

◍ Northrop Grumman

◍ Raytheon

◍ QinetiQ

◍ Aaronia AG

◍ Airbus Defence and Space

◍ SRC

◍ Inc

◍ DroneShield

◍ Israel Aerospace Industries

◍ Liteye Systems

◍ Lockheed Martin

The Drone Defense Equipment Market is competitive, with companies like Boeing and Northrop Grumman developing advanced systems. Firms such as DroneShield and Dedrone focus on counter-drone technologies. Revenue growth stems from innovative solutions, partnerships, and expanding applications in defense, ensuring these companies drive market advancement. Selected revenues include:

- Boeing: $62.3 billion (2022)

- Northrop Grumman: $39.9 billion (2022)

- Raytheon: $67 billion (2022).

◍ Security and Counterintelligence Group

◍ Sensofusion

◍ Thales

◍ Theiss Uav

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Market Segmentation

By Application

Military

Civilian

Other

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By Product

Fixed Drone Defense Equipment

Portable Drone Defense Equipment

Market Growth

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$ X Million

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