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Global Geomembrane Market Size Poised to Grow $3.5 Billion by 2030, At a CAGR of 5.4% | Driven by Increasing Demand for Waste and Water Management Applications, Growth Opportunities 2023-2030

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Alexandria, VA, March 20, 2023 (GLOBE NEWSWIRE) — Zion Market Research has published a new research report titled “Geomembrane Market By Raw Material (LDPE, HDPE, EPDM, PVC, And Others), By Technology (Extrusion, Calendering, And Others), By Application (Waste Management, Water Management, Mining, Lining Systems, And Others), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030” in its research database.

“According to the latest research study, the demand of global Geomembrane Market size & share in terms of revenue was valued at USD 2.3 billion in 2022 and it is expected to surpass around USD 3.5 billion mark by 2030, growing at a compound annual growth rate (CAGR) of approximately 5.4% during the forecast period 2023 to 2030.”

What is Geomembrane? How big is the Geomembrane Industry?

Geomembrane is a type of synthetic membrane used in various geotechnical and environmental applications for containment and barrier systems. It is commonly made from high-density polyethylene (HDPE), low-density polyethylene (LDPE), polyvinyl chloride (PVC), ethylene propylene diene monomer (EPDM), or other polymer materials.

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Geomembranes are used for a wide range of applications, including landfill liners, mining heap leach pads, wastewater treatment ponds, agricultural water storage, and decorative water features. They are typically installed as a continuous barrier to prevent the migration of liquids or gases through the soil.

The global geomembrane industry has experienced significant growth over the past few years, with increasing demand for environmental protection and resource conservation. According to a report by Zion Market Research, the global geomembrane market size is poised to grow $3.5 billion by 2026, growing at a compound annual growth rate (CAGR) of 5.4% from 2021 to 2026. The growth is attributed to increasing infrastructure development, urbanization, and the rising demand for wastewater management solutions. The Asia-Pacific region is expected to dominate the market during the forecast period, owing to rapid industrialization and urbanization in countries such as China and India.

Report Overview:

The global geomembrane market size was worth around USD 2.3 Billion in 2022 and is predicted to grow to around USD 3500 Million by 2030 with a CAGR of roughly 5.4% between 2023 and 2030.

Geomembranes are artificial membrane liners or barriers that are used to regulate fluid migration in a project, structure, or system that was created by humans. They are created from relatively thin continuous polymeric strips, which can be manufactured by spraying asphalt, elastomer, or polymer onto geotextiles. This implies that there are countless uses for them in geotechnical engineering and other industrial applications. Along with the waste sector, geomembranes are used in transportation, hydraulic, environmental, and oil and gas applications.

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The most prevalent variety is continuous polymeric strips. The seams of bigger geomembranes are thermally or chemically melted together to increase strength and durability. Since the geomembrane’s size is entirely customizable, it can be as small as a backyard fish pond or as big as a football field, as needed.

Click Here To Access Free Sample Report of the Global Geomembrane Market @ https://www.zionmarketresearch.com/sample/geomembrane-market

 (A free sample of this report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the Following:

  • Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
  • The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
  • About 177+ Pages Research Report (Including Recent Research)
  • Provide detailed chapter-by-chapter guidance on Request
  • Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2023
  • Includes Tables and figures have been updated
  • The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
  • Zion Market Research research methodology

(Please note that the sample of this report has been modified to include the COVID-19 impact study prior to delivery.)

Market Growth Dynamics: Growth Factors

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The primary drivers of the global geomembrane market’s expansion are the expanding mining and construction sectors as well as the rising demand for waste management systems around the world. Geomembrane liners are frequently used to seal off landfills so that water cannot leak in and further stop the decomposition and biodegradation of the waste. Significant infrastructure development worldwide, particularly in developing countries, is also boosting market expansion.

For instance, these membranes are used to bind the soil together beneath asphalt layovers and extend the lifespan of roadways when constructing roads, highways, and bridges. Additionally, the development of novel product variations made specially to stop the flow of various volatile organic compounds and naturally occurring gases are encouraging geomembrane industry expansion. The mining industry’s growing product adoption, the adoption of beneficial government policies encouraging environmental conservation, and increased emphasis on research and development (R&D) activities are all expected to fuel market growth. However, the volatility in the price of raw materials is expected to impede market growth over the forecast period.

Directly Purchase a copy of the report with TOC @ https://www.zionmarketresearch.com/buynow/su/geomembrane-market

Report Scope

Report Attribute Details
Market Size in 2022 USD 2.3 billion
Projected Market Size in 2030 USD 3.5 billion
CAGR Growth Rate 5.4% CAGR
Base Year 2022
Forecast Years 2023-2030
Key Market Players Bridgestone Americas, Inc., Anhui Huifeng New Synthetic Materials Co., Ltd, Carlisle SynTec Systems, Officine Maccaferri Spa, Juta, a.s., Carthage Mills, Inc., Nilex Inc., MTI, GSE Environmental, NAUE GmbH & Co. KG, GEOFABRICS AUSTRALASIA PTY LTD, PLASTIKA KRITIS S.A., Colorado Lining International Inc, Environmental Protection, Inc., LAYFIELD GROUP. LTD., Raven Industries, Inc., Seaman Corporation, Titan Environmental Containment, Solmax, and Agru America, Inc. among others.
Key Segment By Raw Material, By Technology, By Application, And By Region
Major Regions Covered North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa
Purchase Options Request customized purchase options to meet your research needs. Explore purchase options

Geomembrane Market: Segmentation Analysis

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The global geomembrane market is segmented based on raw material, technology, application, and region.

Based on the raw material, the global market is bifurcated into LDPE, HDPE, EPDM, PVC, and others. The LDPE segment is expected to hold a significant market share over the forecast period. The segment growth is attributed to its properties such as low density, excellent transparency, softness, electrical insulation, chemical stability, processability, and resistance to low temperatures. Moreover, It continues to have excellent mechanical strength, more flexibility, and elasticity than HDPE geomembrane and is simple to construct. Furthermore, it possesses a non-toxic, flat, smooth surface that resists corrosion, a high tensile strength, an elegant shape, and is lightweight. Pools, canals, embankments, fields, landfills, tunnel waterproofing, and seepage control are all possible with the LDPE geomembrane.

Based on the technology, the global geomembrane industry is segmented into extrusion, calendering, and others. The calendering technology segment is growing at a substantial rate over the forecast period. This technique is typically used to process geomembranes made of rubber and polymeric materials. This technology is anticipated to have significant growth prospects because it is so widely used. Due to strict federal regulation regarding the use of these materials in the U.S., it is anticipated that the demand for calendered geomembrane in North America will continue to rise steadily over the forecast period. Additionally, it is predicted that these laws will enable the product to be used in waste management applications.

Based on the application, the global geomembrane market is segmented into waste management, water management, mining, lining systems, and others. The mining segment is expected to hold the largest revenue share during the forecast period. Since geomembranes have exceptional functionalities like high tear and puncture resistance, low permeability, a wide temperature range, and outstanding chemical resistance, they are being quickly adopted in the mining industry. In the mining industry, a geomembrane is used to stop leachate leaks where metal dissolution occurs.

The global Geomembrane market is segmented as follows:

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By Raw Material

  • LDPE
  • HDPE
  • EPDM
  • PVC
  • Others

By Technology

  • Extrusion
  • Calendering
  • Others

By Application

  • Waste Management
  • Water Management
  • Mining
  • Lining Systems
  • Others

Browse the full “Geomembrane Market By Raw Material (LDPE, HDPE, EPDM, PVC, And Others), By Technology (Extrusion, Calendering, And Others), By Application (Waste Management, Water Management, Mining, Lining Systems, And Others), And By Region – Global, And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030”- Report at https://www.zionmarketresearch.com/report/geomembrane-market

Competitive Landscape

Some of the main competitors dominating the global Geomembrane market include – 

  • Bridgestone Americas Inc.
  • Anhui Huifeng New Synthetic Materials Co. Ltd
  • Carlisle SynTec Systems
  • Officine Maccaferri Spa
  • Juta a.s.
  • Carthage Mills Inc.
  • Nilex Inc.
  • MTI
  • GSE Environmental
  • NAUE GmbH & Co. KG
  • GEOFABRICS AUSTRALASIA PTY LTD
  • PLASTIKA KRITIS S.A.
  • Colorado Lining International Inc
  • Environmental Protection Inc.
  • LAYFIELD GROUP. LTD.
  • Raven Industries Inc.
  • Seaman Corporation
  • Titan Environmental Containment
  • Solmax
  • Agru America.

Key Insights from Primary Research:

  • According to the analysis shared by our research forecaster, the Geomembrane market is likely to expand at a CAGR of around 5.4% during the forecast period (2023-2030).                                            
  • In terms of revenue, the Geomembrane market size was valued at around US$ 2.3 billion in 2022 and is projected to reach US$ 3.5 billion by 2030.
  • The geomembrane industry is driven by rising environmental pollution and environmental policies that are implemented by regulatory agencies.
  • Based on the raw material, the HDPE segment is expected to dominate the market during the forecast period.
  • Based on the technology, the extrusion segment accounted for the largest market share in 2022.
  • Based on the application, the waste management segment is growing at a rapid rate over the forecast period.
  • Based on region, the Asia Pacific is expected to dominate the market during the forecast period.

Have Any Query? Ask Our Experts: https://www.zionmarketresearch.com/inquiry/geomembrane-market

Key questions answered in this report:

  • What is the market size and growth rate forecast for Geomembrane industry?
  • What are the main driving factors propelling the Geomembrane Market forward?
  • What are the leading companies in the Geomembrane Industry?
  • What segments does the Geomembrane Market cover?
  • How can I receive a free copy of the Geomembrane Market sample report and company profiles?

Key Offerings:

  • Market Size & Forecast by Revenue | 2023−2030
  • Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
  • Market Segmentation – A detailed analysis By Raw Material, By Technology, By Application, And By Region
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

Request for Customization on this Report as per your requirements – https://www.zionmarketresearch.com/custom/1585

(We tailor your report to meet your specific research requirements. Inquire with our sales team about customising your report.)

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Regional Analysis:

The Asia Pacific is expected to hold the largest revenue share in the global geomembrane market over the forecast period. This can be ascribed to increasing industrialization and increased knowledge of the advantages of polymer-based geomembrane in the mining and construction sectors in developing nations like China and India. On the other hand, North America is expected to hold a substantial market share during the forecast period. PVC geomembrane should be more widely used in heap leach mining applications because of the strong presence of the mining sector in Mexico for silver extraction. In addition, it is anticipated that the market will be driven by rising shale gas output as well as a focus on waste management applications.

By Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • France
    • UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

Recent Developments

  • In September 2021, Dow introduced INTREPID 2499 Bimodal HDPE Resin for geomembranes, which is created for uses requiring extremely high levels of toughness, longevity, and durability. As a result, there will be chances to minimize environmental risks, replacement frequency, and waste entering the environment overall.
  • In April 2021, SOLMAX, a manufacturer of polyethylene geomembranes, announced that it has agreed to acquire TenCate Geosynthetics from Koninklijke Ten Cate.

To know an additional revised 2023 list of market players, request a brochure of the report: https://www.zionmarketresearch.com/requestbrochure/geomembrane-market

Geomembrane Market: Opportunities

Rapid growth in the construction and mining industry provides a lucrative opportunity

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As part of mine restoration, HDPE liners are used to seal the mine to prevent waste from polluting the ecosystem. High tensile strength HDPE geomembrane liners can be coextruded with electrical layers to help with quality assurance and leak detection during installation.

Generally, geomembrane lining is a safe and dependable way to shield the environment from risky industries. The preferred technique for removing minerals from low-grade rock from open pit mines has supplanted heap mining. However, this method requires the use of a robust container that can withstand the heavy weight and jagged edges of the piled-up material. Before the solution is gravity directed to a collecting device, a geomembrane liner collects it and stops it from migrating into the earth.

One of the main factors propelling the growth of the global geomembrane market in the expanding construction and mining industry in emerging countries is the lightweight, tough, and incredibly flexible geosynthetic liners made of high-density polyethylene. These features also reduce shipping and installation costs.

FREQUENTLY ASKED QUESTIONS

  • What are geomembranes?
  • Which key factors will influence the geomembrane market growth over 2023-2030?
  • What will be the value of the geomembrane market during 2023-2030?
  • What will be the CAGR value of the geomembrane market during 2023-2030?
  • Which region will contribute notably towards the geomembrane market value?
  • Which are the major players leveraging the geomembrane market growth?

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Artificial Intelligence

Huawei Wen Tong: 6G Needs to Embrace AI for Shaping Future Network

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SHENZHEN, China, Sept. 29, 2024 /PRNewswire/ — At the 6G Conference held in Istanbul, on September 24, 2024, Dr. Wen Tong, Huawei Wireless CTO, delivered a keynote speech on 6G standardization and innovation. With the release of the ITU-R 6G vision framework, the 3GPP will start 6G standardization in 2025. “6G is a new generation of mobile technology, not a simple upgrade of 5G, it should bring new value to users,” said Dr. Tong, “6G is a true intergenerational technological disruption. 6G standard, key technologies, and network architecture should be re-defined based on application scenarios and requirements from 2030 to 2040. 6G should not be another way to implement 5G. Instead, 6G should embrace the AI revolution with a quantum leap and generate new values for the consumers. In this way, 3GPP standards can truly realize the 6G vision and create greater value for the entire industry.”

Centered “6G Standardization Direction” and “6G Innovation Driving Force”, Dr. Tong shared important views on the future architecture, terminal development, and key technologies of 6G.
In terms of architecture design, 6G should go beyond Service-Based Architecture and move towards Application-Driven Network.
5G has already achieved market success and continues to evolve towards 5G-Advanced. 6G will not simply reuse 5G network architecture, without generational and fundamental innovations, which will limit the mobile industry’s aspiration and imagination to dive the innovation in the 6G era. 6G must have obvious cross-generational characteristics and technical breakpoint.
On the core side, reusing the 5G core network will hinder the innovation in AI. We should use Agentic-AI based technology to re-architect 6G Core that goes beyond 5G Service-Based Architecture and support the foundational capabilities of AI, Sensing and NTN , and thus evolve towards the Application Driven Network .
In terms of terminal evolution, 6G user device calls for a breakthrough to lead the success of the entire industry chain.
It is the law of the mobile industry to drive the evolution of the market with the pioneering technology. The 6G networks and 6G terminals must meet the requirements of consumers and vertical industries in the 6G market phase from 2030 to 2040.
Currently, smartphones are evolving to AI terminals to usher in the mobile AI era. In post-MBB era, breakthroughs in terminal technologies will be the key to the evolution of the mobile industry. Therefore, 6G user device calls for a breakthrough towards “Full-AI”, thus to drive 6G network upgrade and the success of the entire industry ecosystem.
In terms of technology development, AI will become a key enabler for 6G with network paradigm shifting.
Twenty years ago, the Internet was the enabler of the technology innovations. Mobile communications embraced the Internet and achieved great business success. Today, AI maybe the disruptive enabler of the latest technology innovations.
6G should embrace the AI revolution with a quantum leap. However, 6G networks should not be limited to generative AI, Artificial General Intelligence (AGI) and Embodiment-AI are the main directions of future AI development. Therefore, AGI should run through the whole process of sensing, reasoning, decision, and action of terminals, wireless networks, and core networks of 6G, to welcome the arrival of a new network paradigm.
At the end, Dr. Tong Wen emphasized the relationship between 5G and 6G: “The global 5G deployment is on the rise and evolving to 5G-Advanced, which not only meets the current requirements of operators, but also protects their investment. Therefore, 6G technologies should not overlap with 5G in technologies and market space. The specifications, technologies, and architecture of 6G must be based on the scenarios and requirements from 2030 to 2040. We should focus on true generational technology disruption, embrace the new opportunities brought by AI, expand the mobile industry in the next generation.”
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Artificial Intelligence

How AIoT shapes the future of mobility: Hikvision at ITS World Congress 2024

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HANGZHOU, China, Sept. 27, 2024 /PRNewswire/ — Hikvision made a significant impact at the ITS World Congress in Dubai with its captivating theme, “Embrace AIoT for safer, smarter, and greener mobility.” Its booth became a hub of innovation, where visitors explored AIoT solutions that are reshaping the transportation landscape, sparking deep conversations on the future of urban mobility.

Road safety revolution: harnessing AIoT for secure transportation
Hikvision’s commitment to road safety was on full display at its booth through the impressive array of AIoT solutions designed to create secure and reliable traffic environments. The company’s technology provides 24/7 traffic monitoring, ensuring continuous oversight of motor vehicles, non-motorized vehicles, pedestrians and environmental factors. This comprehensive, real-time information collection enables traffic managers to prevent accidents and enhance road safety. Among the showcased products was the 20 MP IR ANPR Checkpoint Capture Unit, renowned for its high-definition capture capabilities, bolstering traffic safety measures.
A standout innovation was the integration of advanced radar and camera technologies, ensuring uninterrupted, comprehensive detection even in adverse weather conditions. The Radar-Video Fusion Incident Detection Cameras, featured prominently in the product experience area, enable early detection and warning of potential hazards. They are particularly effective in challenging situations such as curved roads, blind spots at intersections, and obstacles beyond visual range.
Attendees also engaged with onboard monitoring products on the simulated bus, including dome network cameras, which is designed to enhance passenger safety. Driving assistance products, such as the Driver Status Monitor (DSM), were demonstrated to mitigate unsafe driving behaviors and ensure safer journeys.
Urban mobility redefined: smart traffic innovations
In the realm of smarter mobility, Hikvision showcased its multidimensional sensing technology, which integrates visible light sensors, infrared sensors, radar, and sonar. This technology expands perception capabilities, significantly improving traffic management and situational awareness. The use of AI-powered comprehensive sensing elevates incident monitoring and violation detection to unprecedented levels of accuracy and efficiency.
A major attraction was the Radar-Video Fusion TandemVu PTZ Camera, which integrates millimeter-wave radar with high-resolution cameras for extensive traffic detection and data analysis. AI-based algorithms combine these two systems to enhance target information, detecting up to 16 types of incidents. This leads to the development of a large-scale fusion model that merges spatial physical data with image semantic information. The result is ultra-long-range perception, achieving over 95% accuracy in vehicle trajectory detection. This robust system improves traffic violation management and optimizes traffic flow, significantly enhancing road efficiency.
At the simulated bus station, visitors observed how AI-assisted people counting automated the collection of passenger flow statistics at peak stop hours and bus line frequency during busy periods. Paired with smart bus stop digital signage, the solution improves bus service quality, operational efficiency, passenger experience, and overall public transport effectiveness.
Sustainable transportation: leading the charge for greener cities
Hikvision’s commitment to sustainable urban mobility was evident through its innovative green wave technology and eco-friendly checkpoint solutions. Green wave technology efficiently manages traffic flow to reduce congestion and lower carbon emissions, aligning with global sustainability goals. Visitors were particularly impressed by a case study showcasing a green wave solution implemented in Zhoushan, China. Over a stretch of 21 kilometers and 34 intersections, this main road cut travel times by 50%.
The use of DarkFighterX technology in checkpoint cameras also received significant attention. This technology senses both visible and invisible light, resulting in more accurate and realistic images. It enhances traffic violation enforcement efficiency while minimizing the need for high ambient light levels, thus reducing light pollution. The 9M DarkfightX ANPR Checkpoint Camera exemplified this dedication to environmental stewardship.
Frank Zhang, President of Hikvision MEA, remarked, “Hikvision supports sustainable urban planning by empowering traffic departments to address congestion and transportation challenges.” He further emphasized, “Our system’s openness fosters a secure and reliable platform for developing smart and green cities. Additionally, our solar technology is extensively utilized in remote areas, while our smart street lighting solutions reduce energy consumption by 20-30%, promoting intelligent urban transportation and advancing global sustainability objectives.”
Hikvision’s presence at the ITS World Congress in Dubai underscored its leadership in integrating AIoT technologies to drive safer, smarter, and greener mobility solutions. The engaging presentations and advanced product demonstrations captured significant attention from industry partners and customers, reaffirming the company’s role as a pioneer in shaping the future of urban transportation. As the world moves towards more intelligent and sustainable transportation systems, Hikvision remains at the forefront, embracing AIoT to create a safer, smarter, and greener future for all.
To find out more about Hikvision’s advanced traffic and public transport solutions, please explore the Hikvision official website.
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Artificial Intelligence

Anti-Drone Market worth $7.05 billion by 2029 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Sept. 27, 2024 /PRNewswire/ — The global anti-drone market was valued at USD 2.16 billion in 2024 and is projected to reach USD 7.05 billion by 2029; it is expected to register a CAGR of 26.7% during the forecast period according to a new report by MarketsandMarkets™. Increasing government spending on counter-drone technologies, rising incidence of critical infrastructure security breaches by unauthorized drones, and surge in adoption of aerial remote sensing technologies to safeguard critical infrastructure are attributed to the demand for anti-drone.

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Browse in-depth TOC on “Anti-Drone Market” 178 – Tables61 – Figures253 – Pages
Anti-Drone Market Report Scope:
Report Coverage
Details
Market Revenue in 2024
$ 2.16 billion
Estimated Value by 2029
$ 7.05 billion
Growth Rate
Poised to grow at a CAGR of 26.7%
Market Size Available for
2020–2029
Forecast Period
2024–2029
Forecast Units
Value (USD Million/Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
By System Type, Application, Platform type, Vertical, and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Vulnerability to hacking
Key Market Opportunities
Emphasis on improving unmanned aircraft systems technology
Key Market Drivers
Growing number of illicit activities
By System Type: Hybrid systems to account for the larger market share in the forecasted year.
The hybrid segment accounted for the largest share of the anti-drone market in 2029. The trends of integrating multiple anti-drone technologies are rising since they are most effective in detecting, tracking, and neutralizing drone threats. These systems merge electronic, kinetic, and lasers, providing a comprehensive defense solution against UAVs. Hybrid systems use electronic, kinetic, and laser-based countermeasures to offer optimum protection against drones. These systems are designed to detect, track, identify, categorize, and mitigate drones at operational wide ranges ranging from a few km up to tens of km.
By Platform: The ground-based segment accounted for the largest market share in the forecast year.
The ground-based segment will hold a major share of the anti-drone market in 2029. Many ground-based anti-drone systems use several electronic technologies, such as radar, IR sensors, acoustic systems, and RF & GNSS jammers. MESA radar solutions are used mostly for counter-UAS purposes, protecting critical infrastructure, military camps, and other security-sensitive sites from unauthorized drones. One such solution is EchoGuard, a ground-based airspace management solution that contains a software-defined 3D radar that can be specific to the site. This system can identify single or multiple off-chance drones, including swarms in unauthorized areas. They provide accurate and sustained airspace surveillance for the field of view (FOV) they are configured, and both human and AI-monitored visual checks. The system can be easily transported and integrated directly with the command-and-control centers or another identification sensor for portable use, and multiple units of the system can be combined to cover vast areas or lengths of borders. Major providers of ground-based counter-drone systems include companies like EchoDyne Corporation, DeTect, Meteksan Defense, and WhiteFox Defense. Acoustics-based Discovair G2 utilizes patented microphone arrays. With 128 interconnected microphone elements, the Discovair sensor units can establish azimuth and elevation to the target in real-time using advanced digital signal processing.
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By Region: Americas are expected to hold the largest share of the anti-drone market during the forecast period.
Americas is expected to capture the largest share in the anti-drone industry during the forecast period. The growth can be attributed to protecting crucial infrastructure in the region. Governments, particularly in the US, invest in anti-drone systems for military bases, borders, and critical infrastructure. For Instance, in April 2023, RTX secured a USD 237 million contract from the US Army to provide Ku-band Radio Frequency Sensors (KuRFS) and Coyote effectors. These systems are designed to detect and neutralize unmanned aircraft systems (UAS). The contract includes stationary and mobile systems and a specified quantity of effectors, all aimed at enhancing the Army’s operations within the US Central Command region.
Key Players-
The key companies offering anti-drone companies include RTX (US), Lockheed Martin Corporation (US), Leonardo S.p.A. (Italy), Thales (France), and IAI (Israel).
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