The drivers for this market are rapid technological advancements in drones and increase in demand for drone-generated data in commercial applications are the key factors for the growth of the market. Further, the increase in venture funding propels the growth of the UAV drones market.

Military drones are expected to capture the largest share of the UAV drones market. The military drones are being used successfully by defense agencies to guard their borders, to enforce law as well as for combat missions. For example, in September 2017, the US military launched six drone strikes against Islamic State positions in Libya. The adoption of military drones by various countries worldwide for military applications such as border security and spying is the key factor driving the growth of the military drones market.

Among all the major applications of the commercial drones, the market for media and entertainment is expected to hold the largest share in 2017. Drones offer numerous advantages over other methods of capturing images; some of the benefits offered by drones include lower costs and improved quality of films and photos. This is the main driver for the growth of UAV drones market for media and entertainment. The market for precision agriculture is expected to grow at the highest CAGR during the forecast period.

The current market is dominated by the players such as Northrop Grumman (US), DJI (China), General Atomics Aeronautical Systems (US), Parrot (France), Thales (France), 3DR (US), Boeing (US), PrecisionHawk (US), Lockheed Martin (US), Textron (US), and AeroVironment (US).

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The anti-drone market is segmented on the basis of technology into electronics system, laser system, and kinetic system. Among these technologies, the market for the electronics system technology is expected to grow at the highest CAGR between 2017 and 2023. The major factor responsible for this growth is huge investment by key players in electronics system-based anti-drones across

Military and defense vertical held largest share of anti-drone market 

The military and defense vertical captured the largest share of the overall anti-drone market in 2016. The use of drones for border trespassing, smuggling, and spying has increased. As a result, the demand for an efficient anti-drone system is expected to rise in the coming years in the military and defense sector. The commercial vertical accounted for the second-largest share of the overall anti-drone market in 2016.

Detection and Disruption expected to be the fastest-growing application in anti-drone market

The anti-drone market for the detection and disruption application is expected to grow at the highest CAGR during the forecast period. This is mainly due to the major applications of detection and disruption systems in the military and defense and homeland security sectors, wherein the unauthorized drones entering into the prohibited area of any country are detected as well as disrupted on the spot.

Americas is the major consumer of anti-drones

The Americas accounted for the largest share of the overall anti-drone market in 2016. Factors contributing to the growth of this market include increasing number of security breach incidents by unidentified drones and increasing terrorist attacks in the American countries, especially the US. This compelled the government to deploy anti-drone systems to ensure safety and security from drones in this region.

The report also profiles the most promising players in the market. The competitive landscape of the market is highly dynamic because of the presence of a significant number of big and small players. The key players in the market are Thales Group (France), Blighter Surveillance Systems Ltd. (UK), Lockheed Martin Corp. (US), Saab AB (Sweden), Dedrone Inc. (US), Raytheon Co. (US), Israel Aerospace Industries Ltd. (Israel), SCG LLC (Switzerland), Droneshield Ltd. (Australia), Theiss UAV Solutions, LLC (US), BSS Holland BV (Netherlands), Prime Consulting & Technologies (Denmark), Advanced Radar Technologies SA (Spain), Department 13 International Ltd. (US), and Northrop Grumman Corp. (US).