Anti-Drone Market

SRC, Inc. (US), Raytheon Technologies Corporation (US) and Lockheed Martin Corporation (US) are the Key Players in the Anti-Drone Market

The anti-drone market is projected to grow from USD 0.9 billion in 2022 to USD 3.8 billion by 2027; it is expected to grow at a CAGR of 27.7% from 2022 to 2027. The key factors fueling the growth of this market include rising incidence of security breaches, growing use of drones to counter terrorism and prevent illicit activities, and increased adoption of counter drones for remote sensing.

The anti-drone market is dominated by key established players such as SRC, Inc. (US), Raytheon Technologies Corporation (US), Lockheed Martin Corporation (US), Thales (France), Blighter Surveillance Systems Ltd. (UK), Israel Aerospace Industries Ltd. (Israel), Leonardo S.p.A. (Italy), Rafael Advanced Defense Systems Ltd. (Israel), DroneShield Ltd. (Australia), Liteye Systems Inc. (US), Dedrone (US), Northrop Grumman (US), DeTect, Inc. (US), MBDA (Germany), Battelle Memorial Institute (US), Saab (Sweden), CACI International (US), Boeing (US), and DroneDefence (UK). These companies focus on adopting both organic and inorganic growth strategies, such as product launches and developments, partnerships, contracts, expansions, and acquisitions to strengthen their position in the market.

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SRC, Inc. (US) (formerly known as Syracuse Research Corporation) is a privately held not-for-profit research and development company offering solutions for defense, environmental, and intelligence applications. The company serves the US military with advanced radio frequency (RF) system simulation, development, and analysis—applying engineering principles in unique ways that result in award-winning systems. It develops advanced radar, electronic warfare, and communications systems for land, sea, air, and space applications and conducts intelligence consulting and engineering, environmental chemistry, toxicology, and risk assessment. The company provides manufacturing and lifecycle support for electronics systems, including counter-fire radars, air-surveillance radars, and counter-IED and ground surveillance radars. Some of its notable programs are Silent Archer Counter UAS Technology, Counter RCIED Electronic Warfare (CREW) Duke System, and LCMR counterfire Radars (AN/TPQ-49 and 50).

SRC, Inc. is performing extensive research in electronic warfare, air surveillance, target detection, and tracking and classifying algorithms to help detect, track, and defend against low, slow, and small UAS threats. SRC, Inc.’s Silent Archer technology delivers a turn-key C-UAS solution comprising a radar, electronic warfare system, camera, and 3D user display to defeat hostile drones, whether a lone target or a UAS swarm. SRC, Inc.’s counter-UAS technology has been fielded by the US Army and Air Force to help protect soldiers against UAS threats. The Silent Archer system is available in multiple configurations to support any mission.

Raytheon Technologies Corporation (US) was founded in 1922, and Raytheon Technologies was formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation’s aerospace business. Raytheon Technologies Corporation (Raytheon Technologies) is headquartered in Waltham, Massachusetts, US. Raytheon Technologies is an aerospace and defense company that provides advanced systems and services for commercial, military, and government customers worldwide. The newly formed company operates through the following segments: Collins Aerospace Systems, Pratt & Whitney, Intelligence & Space, and Missiles & Defense. The Missiles & Defence segment offers end-to-end solutions to detect, track, and engage threats. The company offers anti-drone solutions through this segment. It provides different anti-drone solutions such as radars, lasers, and EO/IR sensors under the Missiles & Defense segment. The Collins Aerospace Systems segment manufactures and sells aero structures, avionics systems, mechanical systems, mission systems, and power controls. The Pratt & Whitney segment designs and manufactures aircraft engines and auxiliary power systems for commercial, military, and business aircraft. The Intelligence & Space segment develops sensors and cyber and software solutions and offers end-to-end solutions to detect, track, and engage threats.

Raytheon Technologies Corporation conducts extensive R&D to enhance its existing products and services and develop new products and services to meet its customers’ changing requirements. Raytheon uses technologies such as sensing capabilities, non-kinetic effects, microwave energy, laser, and radar to engage classes of threats from small drones to tactical ballistic missiles. In 2021, 20% of the revenue was generated through the sales of missile and defense systems, including anti-drone systems; it is a major strength for the company to stand out in this market.

Lockheed Martin Corporation (US) (Lockheed Martin) operates as a global security and aerospace company engaged in the research, design, development, manufacturing, and integration of technologies, systems, products, and services. It operates through the following business segments: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS), and Space. The Aeronautics segment researches, designs, develops, manufactures, integrates, sustains, supports, and upgrades advanced military aircraft, including combat and air mobility aircraft, unmanned air vehicles, and related technologies. The MFC segment provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support, and integration services; manned and unmanned ground vehicles; and energy management solutions. The RMS segment designs and manufactures various military and commercial helicopters; ship and submarine mission and combat systems; cyber and simulation and training solutions; mission systems and sensors for rotary and fixed-wing aircraft; sea and land-based missile defense systems; radar systems; Littoral Combat Ship (LCS); and unmanned systems and technologies, as well as offers related services and support. Lockheed Martin provides anti-drone solutions under the MFC and RMS segments. The Space segment manufactures satellites, space transportation systems, and strategic, advanced strike, and defensive systems.

Lockheed Martin has expanded its business offerings in recent years in various sectors. The company also has strong R&D capabilities and financial performance, resulting in developing new and innovative products and enhancing its existing product portfolio. Lockheed Martin has a large customer base of domestic and international customers, generating major revenue from domestic customers such as the US government and the commercial sector. The company’s revenue is increasing every year, which is a positive sign of the company’s growth in the market. The R&D expenses over the last three years are more or less the same, i.e., 2–2.2%, which depicts constant efforts by the company to sustain in the competition.

Related Reports:

Anti-Drone Market by Technology (Electronic, Laser, and Kinetic Systems), Application (Detection, Detection and Disruption), Vertical (Military & Defense, Homeland Security, Commercial), Platform Type and Geography - Global Forecast to 2027

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Anti-Drone Market Size,  Share & Growth Report
Report Code
SE 4129
RI Published ON
8/18/2022
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