Connect with us
European Gaming Congress 2024

Artificial Intelligence

Tapioca Syrup Market Size Will Attain USD 531 Million by 2030 Growing at 6.5% CAGR – Exclusive Report by Zion Market Research | Global Tapioca Syrup Market Size, Share, Trends Analysis Report

Published

on

NEW YORK, United States, June 28, 2023 (GLOBE NEWSWIRE) — Zion Market Research has published a new research report titled “Tapioca Syrup Market Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030” in its research database. According to the latest research study, the demand of global tapioca syrup market size was valued at USD 321 million in 2022 and it is expected to surpass around USD 531 million mark by 2030, growing at a compound annual growth rate (CAGR) of approximately 6.5% during the forecast period 2023 to 2030.

The report analyzes the global tapioca syrup industry drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the tapioca syrup market.

Get a Free Sample PDF of this Research Report for more Insights – https://www.zionmarketresearch.com/sample/tapioca-syrup-market

What is Tapioca Syrup? How big is the Tapioca Syrup Industry?

Report Overview:

Advertisement

Tapioca syrup is a natural sweetener derived from tapioca starch, which is extracted from the cassava plant (Manihot esculenta). It is a versatile and increasingly popular alternative to traditional sweeteners like cane sugar, corn syrup, and artificial sweeteners. Tapioca syrup offers a range of benefits, including its natural origin, clean label appeal, and lower glycemic index compared to refined sugars. One of the key advantages of tapioca syrup is its natural origin. It is free from artificial additives, colors, and flavors, making it a desirable choice for consumers seeking clean labels and natural food products. Tapioca syrup is derived from cassava, a root vegetable widely cultivated in tropical and subtropical regions, such as Southeast Asia, South America, and Africa. The tapioca syrup market has witnessed growth due to the increasing demand for natural and clean-label sweeteners. Consumers are increasingly conscious of their dietary choices and are seeking healthier alternatives to refined sugars. Tapioca syrup’s natural attributes, lower glycemic index, and versatility have contributed to its popularity and adoption by manufacturers in the food and beverage industry.

Global Tapioca Syrup Market: Growth Factors & Restraints

Increased consumer health awareness is the primary driver of the demand for natural and healthier sweeteners from the major end-use industries. Tapioca syrup is increasingly used in food, drinks, dairy, and medicines because it is more nutritious than sucrose, has less calories & carbohydrates, and is a plant-based alternative. The expansion of the market for baked goods, candies, ready-to-drink drinks, and other commodities is helping the tapioca syrup business’s growth. The industry is supported by increased disposable incomes, a growing retail sector, improved living standards, and technological advancements.

Throughout the forecast period, the demand for tapioca syrup in a variety of applications is projected to increase due to the rising popularity of organic and vegan food products. Over the projected period, this is anticipated to have a favorable effect on tapioca syrup market growth. Many businesses are providing healthier product choices in response to the rising demand for tapioca syrup as a flavoring component in various food products. On the other hand, the factors such as availability of substitutes, price volatility, and lack of awareness in emerging economies might be hampering the market growth during the forecast period.

Directly Purchase a Copy of the [227+ Pages] Report | Quick Delivery Available – https://www.zionmarketresearch.com/buynow/su/tapioca-syrup-market

Advertisement

Report Scope

Report Attribute Details
Market Size in 2022 USD 321 Million
Projected Market Size in 2030 USD 531 Million
CAGR Growth Rate 6.5% CAGR
Base Year 2022
Forecast Years 2023-2030
Key Market Players Hunan Er-Kang Pharmaceutical Co. Ltd, American Key Food Products, Cargill, Incorporated, SPAC Starch Products (India) Ltd, Ingredion, Tapioca Starch Industry Co. Ltd, EIAMHENG TAPIOCA STARCH INDUSTRY CO. LTD., Psaltry International Limited, Dadtco Philafrica B.V., Tapioca Vietnam, Lentus Foods & Agro Ltd, and kengSeng Group Of Company among others.
Key Segment By Source, By DE Level, By Form, By Application, By Distribution Channel, 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

Tapioca Syrup Market: Segmentation Analysis

The global tapioca syrup industry is segmented based on source, DE level, form, application, distribution channel, and region.

Based on the source, the global market is bifurcated into organic and conventional. The conventional segment is expected to hold the largest market share during the forecast period. The segment of conventional tapioca syrup appeals to consumers who prioritize affordability and accessibility. It targets individuals who may not specifically seek organic or premium-priced products but still desire a natural alternative to refined sugars. Moreover, Tapioca syrup sourced from conventional methods finds applications in various industries, including food, beverage, confectionery, bakery, and more. It is used as a sweetener in a diverse range of products, such as baked goods, snacks, sauces, beverages, and processed foods. Thereby, propelling the segment growth.

Based on the DE level, the global tapioca syrup industry is divided into <40, 40 to 60, >60, and high maltose. Based on the form, the global tapioca syrup industry is bifurcated into tapioca syrup, tapioca maltodextrins, and tapioca syrup solids. Based on the application, the market is segmented into bakery, beverages, bars and cereals, confectionery and snacks, dressings and sauces, dairy, pharmaceuticals, and others.

Advertisement

Based on the distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, online, and others.

The global Tapioca Syrup market is segmented as follows:

By Source

  • Organic
  • Conventional

By DE Level

  • <40
  • 40 to 60
  • >60
  • High Maltose

By Form

  • Tapioca Syrup
  • Tapioca Maltodextrins
  • Tapioca Syrup Solids

By Application

  • Bakery
  • Beverage
  • Bars and Cereals
  • Confectionery and Snacks
  • Dressings and Sauces
  • Dairy
  • Pharmaceuticals
  • Others

By Distribution Channel

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online
  • Others

Browse the full “Tapioca Syrup Market By Source (Organic And Conventional), By DE Level (<40, 40 To 60, >60 And High Maltose), By Form (Tapioca Syrup, Tapioca Maltodextrins, And Tapioca Syrup Solids), By Application (Bakery, Beverage, Bars & Cereals, Confectionery & Snacks, Dressings & Sauces, Dairy, Pharmaceuticals, And Others), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online, 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/tapioca-syrup-market

Competitive Landscape

Some of the main competitors dominating the global Tapioca Syrup market include – 

Advertisement
  • Hunan Er-Kang Pharmaceutical Co. Ltd
  • American Key Food Products
  • Cargill
  • Incorporated
  • SPAC Starch Products (India) Ltd
  • Ingredion
  • Tapioca Starch Industry Co. Ltd
  • EIAMHENG TAPIOCA STARCH INDUSTRY CO. LTD.
  • Psaltry International Limited
  • Dadtco Philafrica B.V.
  • Tapioca Vietnam
  • Lentus Foods & Agro Ltd
  • kengSeng Group Of Company
  • Others.

 Key Insights from Primary Research:

  • According to the analysis shared by our research analyst, the Tapioca Syrup market is likely to expand at a CAGR of around 6.5% during the forecast period (2023-2030).
  • In terms of revenue, the Tapioca Syrup market size was valued at around US$ 321 million in 2022 and is projected to reach US$ 531 million by 2030.
  • The increasing demand for natural and clean-label products is expected to propel the growth of the tapioca syrup market during the forecast period.
  • Based on the source, the organic segment is expected to grow at a significant rate over the forecast period.
  • Based on the form, the tapioca syrup segment is expected to dominate the market during 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/tapioca-syrup-market

Key questions answered in this report:

  • What is the market size and growth rate forecast for Tapioca Syrup industry?
  • What are the main driving factors propelling the Tapioca Syrup Market forward?
  • What are the leading companies in the Tapioca Syrup Industry?
  • What segments does the Tapioca Syrup Market cover?
  • How can I receive a free copy of the Tapioca Syrup 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 Source, By DE Level, By Form, By Application, By Distribution Channel, 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/7297

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

Regional Analysis:

The Asia Pacific is expected to dominate the global tapioca syrup market over the forecast period. The regional growth is driven by several factors including the growing disposable income of the population and the increasing prevalence of chronic disease which includes diabetes and others. For instance, according to the World Health Organization, in India, it is estimated that 77 million adults over the age of 18 have type 2 diabetes and that almost 25 million are prediabetics (with an increased risk of getting the disease in the future). More than 50% of people may not know they have diabetes, which can cause serious health problems if not caught early and managed. Thus, the aforementioned facts support the market growth in the region over the forecast period. 

By Region

Advertisement
  • 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 October 2022, Cargill increased the processing capabilities of its sweetener facility in Cikande, Indonesia, more than doubling the company’s ability to produce organic, non-GMO tapioca syrup in response to persistent market demand for ingredients that are label-friendly.

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

Browse Other Related Research Reports from Zion Market Research:

  • Candy Market By Product Type (Chocolate Candy And Non-Chocolate Candy), By Distribution Channel (Supermarket/Hypermarket, Specialty Stores, Online Retail Stores, Convenience Stores, And Others), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030: https://www.zionmarketresearch.com/report/candy-market
  • Kosher Beef Market By Cuts (Brisket, Loin, Shank, And Others), By Distribution Channel (Offline And Online), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030: https://www.zionmarketresearch.com/report/kosher-beef-market
  • Modified Wheat Starch Market By Type (Organic Starch And General Starch), By Application (Drug Formulations, Food & Beverages, Animal Feed, Textile Manufacturing, Paper, And Cosmetics), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030: https://www.zionmarketresearch.com/report/modified-wheat-starch-market
  • Plant-Based Snacks Market By Nature (Organic And Conventional), By Type (Wafers, Cookies, And Snack Bars), By Source (Vegetables, Cereals, Legumes, Fruits, And Tubers), By Distribution Channel (Mass Merchandisers, Specialty Stores, Online Retail Stores, And Convenience Stores), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030: https://www.zionmarketresearch.com/report/plant-based-snacks-market
  • Chocolate Powdered Drinks Market By Distribution Channel (Direct Sales And Indirect Sales), By Processing (Dutch-Processing And Natural), By Content (High-Fat, Medium-Fat, And Low-Fat), By End Users (Chocolate Drinks, Protein Shakes, Cappuccino Mixes, Milk Beverages, And Energy Drinks), And By Region: – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts, 2023-2030: https://www.zionmarketresearch.com/report/chocolate-powdered-drinks-market
  • Sesame Milk Market By Flavor (Vanilla, Chocolate, Unsweetened Original, Original, Chocolate Hazelnut, And Others), By Type (Black Sesame Seed Milk And White Sesame Seed Milk), By Packaging Type (Tetra And Bottle), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030: https://www.zionmarketresearch.com/report/sesame-milk-market

About Zion Market Research:

Zion Market Research is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Zion Market Research are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.

Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Follow Us on LinkedIn: https://www.linkedin.com/company/zion-market-research/

Follow Us on Twitter: https://twitter.com/zion_research

Advertisement

Follow Us on Facebook: https://www.facebook.com/zionmarketresearch

Follow Us on Pinterest: https://www.pinterest.com/zionmarketresearch/

Follow Us on YouTube: https://youtu.be/Y0Yfi7N8zSs

Contact Us:

Rushikesh Dorge

Advertisement

USA: +1 347 690-0211

United Kingdom: +44 2032 894158

Japan: +81 50 5806 9039

India: +91 7768 006 007

Web: https://www.zionmarketresearch.com/

Advertisement

Blog: https://zmrblog.com/

Still, Looking for More Information? OR Want Data for Inclusion in Magazine, Case Study, or Media?

Email Directly Here with Detail Information: [email protected]

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

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

Published

on

huawei-wen-tong:-6g-needs-to-embrace-ai-for-shaping-future-network

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.”
Photo – https://mma.prnewswire.com/media/2518236/Huawei_Wireless_CTO_Tong_Wen_Gave_Keynote_Speech_at_6G_Conference_at_Istanbul__T_rkiye.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/huawei-wen-tong-6g-needs-to-embrace-ai-for-shaping-future-network-302261758.html

Continue Reading

Artificial Intelligence

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

Published

on

how-aiot-shapes-the-future-of-mobility:-hikvision-at-its-world-congress-2024

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.
Photo – https://mma.prnewswire.com/media/2516934/How_AIoT_shapes_future_mobility_Hikvision_ITS_World_Congress_2024.jpg

View original content:https://www.prnewswire.co.uk/news-releases/how-aiot-shapes-the-future-of-mobility-hikvision-at-its-world-congress-2024-302261298.html

Continue Reading

Artificial Intelligence

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

Published

on

anti-drone-market-worth-$7.05-billion-by-2029-–-exclusive-report-by-marketsandmarkets™

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.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=177013645
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.
Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=177013645
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).
Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=177013645
Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting
Related Reports: 
Drone Sensor Market Size, Share, Industry Growth & Trends by Sensor Type, Platform (VTOL Type, Fixed Wing Type, Hybrid Type), Application (Navigation, Collision Detection & Avoidance, Data Acquisition, Motion Detection, Power Monitoring), End Users and Region – Global Forecast to 2029
Smart Agriculture Market Size, Share, Statistics and Industry Growth Analysis Report by Offering (Hardware, Software, Services), Agriculture Type, Farm Size (Large, Medium, Small), Application (Precision Farming, Livestock Monitoring) and Region (America, Europe, Asia Pacific, Row) – Global Forecast to 2028
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact: Mr. Rohan SalgarkarMarketsandMarkets™ INC. 1615 South Congress Ave.Suite 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: [email protected] Our Web Site: https://www.marketsandmarkets.com/Research Insight: https://www.marketsandmarkets.com/ResearchInsight/anti-drone-market.aspContent Source: https://www.marketsandmarkets.com/PressReleases/anti-drone.asp
Logo: https://mma.prnewswire.com/media/1951202/4609423/MarketsandMarkets.jpg
 

View original content:https://www.prnewswire.co.uk/news-releases/anti-drone-market-worth-7-05-billion-by-2029—exclusive-report-by-marketsandmarkets-302260893.html

Continue Reading

Trending