Artificial Intelligence
Pork Meat Market Size is projected to reach USD 349.37 Billion by 2031, growing at a CAGR of 3.5%: Straits Research
New York, United States, Aug. 03, 2023 (GLOBE NEWSWIRE) — Pig meat, often known as pork, is a red meat widely consumed worldwide. In addition to being delicious, it offers a healthy nutritional profile. Additionally, it is an excellent source of protein and a popular food among those attempting to gain weight.
Due to changes in global food consumption patterns, the hog meat market is expected to experience substantial expansion over the next several years. In addition, the expansion of the retail market and the product’s availability through several sales channels make it easy for consumers to obtain packaged hog meat. This contributes to the expansion of sales numbers and the market.
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Expanding Retail Market to Drive the Global Pork Meat Market
The retail industry consists of businesses and individuals who sell finished products and goods to end consumers. The U.S. and the rest of the world’s low unemployment rate and steady electricity prices have contributed to the growth of the retail sector. Various retail channels sell various beverages, like hypermarkets, supermarkets, convenience stores, discounters, forecourt retailers, and grocery stores. Internet retailing and convenience stores are the most popular retail formats for purchasing hog meat among the general population. These stores serve as the primary marketing instrument, contributing to developing a fantastic premium image and enhancing the brand exposure of a vast array of food and beverages. Consequently, expanding the retail market is a crucial component contributing to the growth of the hog meat market.
Rise in Popularity of Organic Meat to Provide Opportunities for the Global Pork Meat Market
At the beginning of the twenty-first century, consumers began to recognize the relationship between diet, health, and the environment. A rise in customer demand for organic food and beverages can be attributed to a greater understanding of the negative consequences of processed foods. During the forecast period, the increase in the need for high-protein lean meat and the popularity of organic food in the meat industry are expected to provide lucrative opportunities for advancing the worldwide hog meat market.
Report Scope
| Report Metric | Details |
| Market Size by 2031 | USD 349.37 billion |
| Market Size in 2022 | USD 256.34 billion |
| CAGR | 3.5 % |
| Historical Data | 2020-2021 |
| Base Year | 2022 |
| Forecast Period | 2023-2031 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | By Type, By Application, By Form |
| Geographies Covered | North America, Europe, Asia-Pacific, LAME and Rest of the World |
| Key Companies Profiled/Vendors | JBS S.A., Smithfield Foods, Triumph Foods, Danish Crown, Tyson Foods Inc., Tönnies, Yurun Group, Vion Food Group Ltd., WH Group, and Shuanghui Development. |
| Key Market Opportunities | The Rise in Popularity of Organic Meat |
| Key Market Drivers | Expanding Retail Market |
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Regional Insights
Region-wise, the global pork meat market is studied across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific was the highest revenue contributor and is estimated to grow at a CAGR of 4.7% during the forecast period. Asia-robust Pacific’s economic expansion has affected people’s lifestyles and purchasing patterns. People in this region have begun consuming more packaged foods and meat-based items, which has significantly increased the hog meat market’s growth over the years. Significant growth in the food business in Asia-Pacific is anticipated to fuel the expansion of the meat market. In addition, pork is a staple cuisine in several Asia-Pacific nations, including China, Indonesia, Vietnam, and South Korea, which helps expand the market.
Europe is the second largest region. It is anticipated to grow at a CAGR of 4.3% during the forecast period. Europe is considered the mature market for pork meat on a worldwide scale. In addition, the predicted increase in demand for meat products in European nations would generate profitable prospects for pork meat suppliers. In addition, the rising demand for organic meat in the region drives the expansion of the market. To meet the increasing expectations of health-conscious customers, market growth is driven by the entry of significant competitors into this area.
North America is the third largest region. The North American market for meat products is mature. The primary driver propelling the North American pig meat market is the early adoption of improved packaging technology in the food and beverage industry. In addition, the increase in the number of food processing industries promotes market expansion in this region. In addition, the expansion in food service outlets has raised the demand for pork meat and contributed to the region’s strong meat sales.
The key players in the global pork meat market are
- Vion Food Group Ltd.
- WH Group
- JBS SA
- Smithfield Foods
- Triumph Foods
- Tyson Foods Inc.
- Danish Crown
- Tönnies
- Yurun Group
- Shuanghui Development
Key Highlight
- The global pork meat market size is estimated to reach an expected value of USD 349.37 billion by 2031, exhibiting a CAGR of 3.5% during the forecast period (2022 -2031).
- By type, the global pork meat market is segregated into chilled and frozen. The frozen segment dominated the market and is estimated to grow at a CAGR of 4.1% during the forecast period.
- Depending on packaging, the global pork meat market is classified into store wrap, modified atmosphere packaging, vacuum packaging, shrink bags, and others. The shrink bags segment was the highest contributor to the market and is estimated to grow at a CAGR of 4.2% during the forecast period.
- By application, the global pork meat market is fragmented into household and commercial. The commercial segment was the highest contributor to the market and is estimated to grow at a CAGR of 4.2% during the forecast period.
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Global Pork Meat Market: Segmentation
By Type
- Chilled
- Frozen
- Sweetener
By Application
- Store Wrap
- Modified Atmosphere Packaging
- Vacuum Packaging
- Shrink Bags
- Others
By Form
- Household
- Commercial
By Region
- North America
- Europe
- Asia-Pacific
- LAMEA
TABLE OF CONTENT
- EXECUTIVE SUMMARY
- RESEARCH SCOPE & SEGMENTATION
- Research Objectives
- Market Definition
- Limitations & Assumptions
- Market Scope & Segmentation
- Currency & Pricing Considered
- MARKET OPPORTUNITY ASSESSMENT
- Emerging Regions / Countries
- Emerging Companies
- Emerging Applications / End Use
- Investment Landscape
- New Business Models / Revenue Streams
- TAM
- MARKET TRENDS
- Drivers
- Market Warning Factors
- Latest Macro Economic Indicators
- Geopolitical Impact
- Human Factors
- Technology Factors
- MARKET ASSESSMENT
- Porters Five Forces Analysis
- Value Chain Analysis
- Raw Material Analysis
- Sales And Distribution Channel Analysis
- Trade Analysis
- M & A Agreements & Collabration Analysis
- Export Import Analysis
- Cost Structure Analysis
- ESG TRENDS
- GLOBAL PORK MEAT MARKET SIZE ANALYSIS
- Global Pork Meat Market Introduction
- By Type
- Introduction
- Type By Value
- Chilled
- By Value
- Frozen
- By Value
- Sweetener
- By Value
- Introduction
- By Application
- Introduction
- Application By Value
- Store Wrap
- By Value
- Modified Atmosphere Packaging
- By Value
- Vacuum Packaging
- By Value
- Shrink Bags
- By Value
- Others
- By Value
- Introduction
- By Form
- Introduction
- Form By Value
- Household
- By Value
- Commercial
- By Value
- Introduction
- NORTH AMERICA MARKET ANALYSIS
- Introduction
- By Type
- Introduction
- Type By Value
- Chilled
- By Value
- Frozen
- By Value
- Sweetener
- By Value
- Introduction
- By Application
- Introduction
- Application By Value
- Store Wrap
- By Value
- Modified Atmosphere Packaging
- By Value
- Vacuum Packaging
- By Value
- Shrink Bags
- By Value
- Others
- By Value
- Introduction
- By Form
- Introduction
- Form By Value
- Household
- By Value
- Commercial
- By Value
- Introduction
- U.S.
- By Type
- Introduction
- Type By Value
- Chilled
- By Value
- Frozen
- By Value
- Sweetener
- By Value
- Introduction
- By Application
- Introduction
- Application By Value
- Store Wrap
- By Value
- Modified Atmosphere Packaging
- By Value
- Vacuum Packaging
- By Value
- Shrink Bags
- By Value
- Others
- By Value
- Introduction
- By Form
- Introduction
- Form By Value
- Household
- By Value
- Commercial
- By Value
- Introduction
- By Type
- Canada
- EUROPE MARKET ANALYSIS
- Introduction
- By Type
- Introduction
- Type By Value
- Chilled
- By Value
- Frozen
- By Value
- Sweetener
- By Value
- Introduction
- By Application
- Introduction
- Application By Value
- Store Wrap
- By Value
- Modified Atmosphere Packaging
- By Value
- Vacuum Packaging
- By Value
- Shrink Bags
- By Value
- Others
- By Value
- Introduction
- By Form
- Introduction
- Form By Value
- Household
- By Value
- Commercial
- By Value
- Introduction
- U.K.
- By Type
- Introduction
- Type By Value
- Chilled
- By Value
- Frozen
- By Value
- Sweetener
- By Value
- Introduction
- By Application
- Introduction
- Application By Value
- Store Wrap
- By Value
- Modified Atmosphere Packaging
- By Value
- Vacuum Packaging
- By Value
- Shrink Bags
- By Value
- Others
- By Value
- Introduction
- By Form
- Introduction
- Form By Value
- Household
- By Value
- Commercial
- By Value
- Introduction
- By Type
- Germany
- France
- Spain
- Italy
- Russia
- Nordic
- Benelux
- Rest Of Europe
- APAC MARKET ANALYSIS
- Introduction
- By Type
- Introduction
- Type By Value
- Chilled
- By Value
- Frozen
- By Value
- Sweetener
- By Value
- Introduction
- By Application
- Introduction
- Application By Value
- Store Wrap
- By Value
- Modified Atmosphere Packaging
- By Value
- Vacuum Packaging
- By Value
- Shrink Bags
- By Value
- Others
- By Value
- Introduction
- By Form
- Introduction
- Form By Value
- Household
- By Value
- Commercial
- By Value
- Introduction
- China
- By Type
- Introduction
- Type By Value
- Chilled
- By Value
- Frozen
- By Value
- Sweetener
- By Value
- Introduction
- By Application
- Introduction
- Application By Value
- Store Wrap
- By Value
- Modified Atmosphere Packaging
- By Value
- Vacuum Packaging
- By Value
- Shrink Bags
- By Value
- Others
- By Value
- Introduction
- By Form
- Introduction
- Form By Value
- Household
- By Value
- Commercial
- By Value
- Introduction
- By Type
- Korea
- Japan
- India
- Australia
- Taiwan
- South East Asia
- Rest Of Asia-Pacific
- MIDDLE EAST AND AFRICA MARKET ANALYSIS
- Introduction
- By Type
- Introduction
- Type By Value
- Chilled
- By Value
- Frozen
- By Value
- Sweetener
- By Value
- Introduction
- By Application
- Introduction
- Application By Value
- Store Wrap
- By Value
- Modified Atmosphere Packaging
- By Value
- Vacuum Packaging
- By Value
- Shrink Bags
- By Value
- Others
- By Value
- Introduction
- By Form
- Introduction
- Form By Value
- Household
- By Value
- Commercial
- By Value
- Introduction
- UAE
- By Type
- Introduction
- Type By Value
- Chilled
- By Value
- Frozen
- By Value
- Sweetener
- By Value
- Introduction
- By Application
- Introduction
- Application By Value
- Store Wrap
- By Value
- Modified Atmosphere Packaging
- By Value
- Vacuum Packaging
- By Value
- Shrink Bags
- By Value
- Others
- By Value
- Introduction
- By Form
- Introduction
- Form By Value
- Household
- By Value
- Commercial
- By Value
- Introduction
- By Type
- Turkey
- Saudi Arabia
- South Africa
- Egypt
- Nigeria
- Rest Of MEA
- LATAM MARKET ANALYSIS
- Introduction
- By Type
- Introduction
- Type By Value
- Chilled
- By Value
- Frozen
- By Value
- Sweetener
- By Value
- Introduction
- By Application
- Introduction
- Application By Value
- Store Wrap
- By Value
- Modified Atmosphere Packaging
- By Value
- Vacuum Packaging
- By Value
- Shrink Bags
- By Value
- Others
- By Value
- Introduction
- By Form
- Introduction
- Form By Value
- Household
- By Value
- Commercial
- By Value
- Introduction
- Brazil
- By Type
- Introduction
- Type By Value
- Chilled
- By Value
- Frozen
- By Value
- Sweetener
- By Value
- Introduction
- By Application
- Introduction
- Application By Value
- Store Wrap
- By Value
- Modified Atmosphere Packaging
- By Value
- Vacuum Packaging
- By Value
- Shrink Bags
- By Value
- Others
- By Value
- Introduction
- By Form
- Introduction
- Form By Value
- Household
- By Value
- Commercial
- By Value
- Introduction
- By Type
- Mexico
- Argentina
- Chile
- Colombia
- Rest Of LATAM
- COMPETITIVE ASSESSMENT
- Adoption Matrix
- Pork Meat Market Share By Manufacturers
- Pork Meat Market Ranking By Revenue For Manufacturers
- Average Price By Manufacturers
- Vendor Footprint Analysis
- MARKET PLAYERS ASSESSMENT
- Vion Food Group Ltd.
- Overview
- Business Information
- Revenue
- ASP
- Gross Margin
- Swot Analysis
- Recent Developmments
- WH Group
- JBS SA
- Smithfield Foods
- Triumph Foods
- Tyson Foods Inc.
- Danish Crown
- Tönnies
- Yurun Group
- Shuanghui Development
- Vion Food Group Ltd.
- RESEARCH METHODOLOGY
- Research Data
- Secondary Data
- Major Secondary Sources
- Key Data From Secondary Sources
- Primary Data
- Key Data From Primary Sources
- Breakdown Of Primaries
- Secondary And Primary Research
- Key Industry Insights
- Secondary Data
- Market Size Estimation
- Bottom-Up Approach
- Top-Down Approach
- Market Projection
- Research Assumptions
- Assumptions
- Limitations
- Risk Assessment
- Research Data
- APPENDIX
- Discussion Guide
- Customization Options
- Related Reports
- DISCLAIMER
Table of Content and Figure @ https://straitsresearch.com/report/pork-meat-market/toc
Market News
- November 2022 – Smithfield Europe, a subsidiary of U.S.-based Smithfield Foods, has reached an agreement to acquire Goodies Meat Production SRL, a Romanian producer of private-label packaged meat products for the retail channel.
- October 2022 – Farmland® proudly announced the recipients of its Farmland FFA Heartland Grant Program at the 95th National FFA Convention & Expo in Indianapolis, Indiana. After receiving applications, 20 FFA students across Nebraska, Kansas, Iowa, and Missouri were carefully selected to receive grants valued at $1,000 each to fund agricultural and community projects. The donation provides $20,000 in financial support to empower students’ goals and inspire growth in the agriculture industry.
- October 2022 – Farmland® recently launched year two of its Honoring the Heartland Tour to invest in the next generation of agricultural leaders, show appreciation to hardworking farming communities, and support neighborhoods rooted in the Midwest through protein-rich food donations. Earlier today, the tour stopped in Des Moines to recognize two crucial Iowa organizations.
- August 2022 – Smithfield Foods, Inc. today proudly announced its donation of $30,000 in scholarship funds to support the 2022 National Conservation Foundation (NCF)-Envirothon Competition. The international competition features high school students competing in teams to demonstrate their environmental knowledge and problem-solving skills. Smithfield’s donation was awarded to the top three teams during the competition’s awards ceremony on Friday, July 29, 2022.
News Media
Burgeoning Production and Consumption of Meat to Drive the Meat Packaging Market
Global Frozen Food Market Grows Steadily at a CAGR of 8.4%
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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
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™
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.
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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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