Electromagnetic Systems Segment to Dominate Europe Counter UAV Market during 2019–2028
According to The Insight Partners market research study on “Europe Counter UAV Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Technology, Force Type, Product Type, Configuration, and End User,” is expected to reach US$ 1,464.55 million by 2028 from US$ 530.11 million in 2021. The market is estimated to grow at a CAGR of 15.6% from 2021 to 2028. Strategic initiatives by major players is the major factor driving the growth of the Europe counter UAV market. However, low adoption among developing and underdeveloped countries may hinder the growth of Europe counter UAV market. The report provides trends prevailing in the Europe counter UAV market along with the drivers and restraints pertaining to the market growth.
The Europe counter UAV market segmented by technology, force type, product type, configuration, end user, and country. Based on technology, the Europe counter UAV market is segmented into laser systems, kinetic system, and electromagnetic systems. The electromagnetic systems accounted for the highest share in 2020. Based on force type, the Europe counter UAV market is segmented into air, ground, and naval. The ground segment accounted for the highest share in the Europe counter UAV market in 2020. Based on product type, the Europe counter UAV market is segmented into ground based and handheld. The ground based accounted for the highest share in the Europe counter UAV market in 2020. Based on configuration, the Europe counter UAV market is segmented into portable and stationary. The stationary segment accounted for the highest share in the Europe counter UAV market in 2020. Based on end user, the Europe counter UAV market is segmented into defense and homeland security. The defense sector accounted for the highest share in the Europe counter UAV market in 2020. Similarly, based on country, the market is segmented into the France, Germany, Italy, UK, Russia, and the rest of Europe. Germany contributed a substantial share in 2020.
Blighter Surveillance Systems Ltd, Dedrone GmbH, DroneShield Limited, Israel Aerospace Industries Ltd., Leonardo S.p.A., Lockheed Martin Corporation, Rafael Advanced Defense Systems Ltd., Raytheon Technologies Corporation, and Thales Group are among the leading companies in the Europe counter UAV market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Thales, Operational Solution Ltd. joined hands on new counter UAS technologies.
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