Counter-Drone Market Projected to Hit $6.5B by 2031

A new report is projecting that the global counter-UAS (anti-drone) market is estimated to reach $6.44 billion in 2031 from $1.57 billion in 2021, at a growth rate of 15.18% during the forecast period 2021-2031.

“The major driving factor for the market’s robustness is the need to monitor and maintain the growing number of satellites launched,” the report by Research and Markets revealed. 

The report said the players operating in this market are developing innovative offerings and are highly engaged in long-term agreements with either military organizations or government agencies. The research is also shedding light into emerging industries across the world. 

Counter-drone industry has blossomed in the last few years due to broader adoption of UAVs as a resule of a significant reduction in weight, cost, and size, improved battery life, and a heightened degree of autonomy in its operations.