Military & Defense segment to dominate India Drones Deterrence market through FY2027
Rise in the number of terror
attacks and the growing concerns regarding the safety of citizens is expected
to drive the demand for India drones deterrence market in the forecast period.
According to TechSci Research report, “India
Drones Deterrence Market By Mitigation Type (Destructive Vs.
Non-Destructive) By Defense Type (Drone Detection & Jamming System Vs.
Drone Detection Only System) By End User (Military & Defense, Government;
and Others), By Region, Company Forecast & Opportunities, FY2027”, The
India drones deterrence market is expected to witness steady growth for the
next five years. The rise in the occurrence of air attacks and the development
of technology that facilitates the attack from any altitude is creating
lucrative opportunities for the growth of the drone deterrence market. Drones
are being used to drop explosives and other potentially harmful substances. An
increase in cross-border attacks from the neighboring countries is contributing
to the need to develop counter-drone technologies to provide safety to the
citizens. Drone deterrence systems are primarily used to detect the presence of
drones in the environment and can take appropriate actions if the need arises.
The growing demand for lightweight and compact drones deterrence systems is on
the rise due to the need for quick actions to ensure the safety of the
citizens. The rise in demand for drones capable of operating in all weather
conditions and are easy to operate and robust in design is fueling the growth
of the drone deterrence market.
The COVID-19 outbreak across the world which has been
declared as a pandemic by World Health Organization has affected several
countries adversely. Leading authorities of India imposed lockdown restrictions
and released a set of precautionary measures to contain the spread of novel
coronavirus. Disruption in the supply chain was observed due to restrictions on
the import and export. Supply of the raw material was affected which negatively
affected the drones deterrence market growth. Manufacturing units were
temporarily shut down and the research and development institutions were closed
for this period. Workers moved back to their native places which led to the
shortage of the workforce in the organization. After, the COVID-19 period, the
market is expected to pick up the pace eventually.
However, the challenge of the manufacturing companies
to make drones capable to withstand all types of environments and the presence
of a wide range of practical and legal policies may hamper the growth of the
drones deterrence market growth in the forecast period.
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India
drones deterrence market is segmented into mitigation type, defense type, end
user, regional distribution, and company. Based on the mitigation type, the market
can be bifurcated into destructive and non-destructive. The destructive type
drones are expected to account for major market share in the forecast period,
FY2023-FY2027. The need to eliminate the dangerous drones and put series of
damage on the illegal and unwanted drones is contributing to the surge in the
growth of the destructive drone market. Destructive drones use a combination of
different technologies including the laser system, missile effectors,
electronic countermeasure which could attack the drones and have the ability to
destroy them to the ground. Based on the defense type, the market can be
divided into drone detection & jamming system, and drone detection the only
system. The drone detection & jamming system segment is expected to hold a significant
share of the market in the forecast period. The ability to detect small drones
used for surveillance or monitoring purpose or the drone carrying harmful
explosives are expected to fuel the demand for drone detection and jamming to
counter the attack or stop the live streaming of the drone. Drone detection and
the jamming system can take down the signal between the drone and its operator
by releasing radio-frequency output or disrupt the satellite link of the drone
which it uses for navigation.
Mitsubishi
Electric Corporation, Saab AB, Thales Group, Bosch, Raytheon Company, Lockheed
Martin Corporation, Israel Aerospace Industries Ltd., LEONARDO S.P.A., Rafael
Advanced Defense Systems Ltd., SCI Technology are the leading players operating
in India drones deterrence market. Manufacturers are increasingly focusing on research
and development process to fuel higher growth in the market. To meet evolving
customer demand with respect to better efficiency and durability, several drones
deterrence manufacturers are coming up with their technologically advanced
offerings.
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“Rise
in the government initiatives to boost the drone manufacturing in India such as
the Make in India initiative and the huge fund allocation for research and
development activities to make advance drone deterrence system to counter
deadly attacks. Market players are adopting advanced technologies such as artificial
intelligence to improve the efficiency and range of the drone deterrence system
which is expected to accelerate the market growth. High emphasis on the
adoption of advanced technologies and the ability to counter-attack the
advanced terror attacks is expected to propel the market growth till FY2027” said
Mr. Karan Chechi, Research Director with TechSci Research, a research-based global
management consulting firm.
“India Drones Deterrence
Market By Mitigation Type (Destructive Vs. Non-Destructive) By Defense Type
(Drone Detection & Jamming System Vs. Drone Detection Only System) By End
User (Military & Defense, Government; and Others), By Region, Company
Forecast & Opportunities, FY2027” has
evaluated the future growth potential of India drones deterrence market and
provided statistics & information on market size, shares, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the of India drones
deterrence market.
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