The rising terrorist attacks and political instability among various developed and developing countries are increasing the defense and homeland security forces to increase their procurement of advanced solutions, such as radar systems, communication systems, and anti-drone technologies. Thus, continuous initiatives undertaken by major companies operating in the counter UAV market are expected to propel the market's growth in the coming years. Players operating in the market are Leonardo S.P.A., Lockheed Martin Corporation, Israel Aerospace Industries Ltd., and Raytheon Technologies Corporation.
The South America counter UAV market is analyzed on the basis of technology, force type, product type, configuration, end user, and country. Based on technology, the market is segmented into laser systems, kinetic systems, and electromagnetic systems. The electromagnetic systems accounted for the highest share in 2020. Based on force type, the market is segmented into air, ground, and naval. The ground segment accounted for the highest share in the market in 2020. Based on product type, the market is segmented into ground-based counter UAVs and handheld counter UAVs. The ground-based segment accounted for the highest share in the market in 2020. Based on configuration, the market is segmented into portable and stationary. The stationary segment accounted for the highest share in the market in 2020. Based on end user, the market is segmented into defense and homeland security. The defense sector accounted for the highest share in the market in 2020.
Similarly, based on country, the market is segmented into Brazil and the Rest of South America. Brazil contributed a substantial share in 2020.
Israel Aerospace Industries Ltd., Leonardo S.p.A., Lockheed Martin Corporation, Rafael Advanced Defense Systems Ltd., Raytheon Technologies Corporation, and Thales Group are the leading companies in the South America counter UAV market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 66.76 Million |
| Market Size by 2028 | US$ 96.42 Million |
| CAGR (2021 - 2028) | 5.4% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Technology
|
|
Regions and Countries Covered
|
|
| South and Central America | Brazil, Argentina, Rest of South and Central America |
| Market leaders and key company profiles |
|
The South America Counter UAV Market is valued at US$ 66.76 Million in 2021, it is projected to reach US$ 96.42 Million by 2028.
As per our report South America Counter UAV Market, the market size is valued at US$ 66.76 Million in 2021, projecting it to reach US$ 96.42 Million by 2028. This translates to a CAGR of approximately 5.4% during the forecast period.
The South America Counter UAV Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South America Counter UAV Market report:
The South America Counter UAV Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South America Counter UAV Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South America Counter UAV Market value chain can benefit from the information contained in a comprehensive market report.
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