Drone ID market on rapid growth trajectory

April 10, 2017 // By Jean-Pierre Joosting
In its latest report, research firm MarketsandMarkets estimates that the drone identification system market will grow from USD 801.8 Million in 2016 to USD 15,968.2 Million by 2022, at a CAGR of 64.64% during the forecast period.

Key factors that are expected to fuel the growth of the drone identification market are increasing incidences of security breach by commercial drones, and need for the development of countermeasure systems that can safely and quickly detect anti-drones and counter them.

Based on application, the ground station segment is expected to lead the drone identification market. Ground station drone identification systems are deployed on ground-based installations such as stadiums and power generation plants. With the increasing number of drone intrusions, the demand for ground station identification systems is estimated to rise in power plants, airports, and government and defense facilities.

Based on technology, the identification and detection segment is expected is lead the market. Identification and detection helps in detecting and identifying drones in range by analyzing the data obtained in the detection phase. Identification and detection is mostly used for border security and surveillance purposes. The RF sensing sub segment of the identification and detection segment is estimated to grow at the highest CAGR during the forecast period.