Canada Anti-drone Market Size & Outlook, 2023-2030
Canada anti-drone market, 2018-2030 (US$M)
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Canada anti-drone market highlights
- The Canada anti-drone market generated a revenue of USD 77.7 million in 2023 and is expected to reach USD 614.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 34.4% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Anti-drone market data book summary
| Market revenue in 2023 | USD 77.7 million |
| Market revenue in 2030 | USD 614.8 million |
| Growth rate | 34.4% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software |
| Key market players worldwide | Airbus SE, Droneshield Ltd, Lockheed Martin Corp, Saab AB ADR, Thales, Boeing Co |
Other key industry trends
- In terms of revenue, Canada accounted for 4.1% of the global anti-drone market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. anti-drone market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 614.8 million by 2030.
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Anti-drone Market Scope
Anti-drone Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada anti-drone market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to anti-drone market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 69.88% in 2023. Horizon Databook has segmented the Canada anti-drone market based on hardware, software covering the revenue growth of each sub-segment from 2018 to 2030.
The market growth in the country can be attributed to the high demand for anti-drone systems in the Canadian Army. For instance, in March 2023, the Canadian military expected to fast track the acquisition of anti-drone equipment, anti-tank missiles, and other defense equipment to assist its soldiers deployed in Latvia.
Furthermore, the trend of joint operations between private companies and the military is expected to drive the market growth. For instance, in December 2022, Drone Shield Ltd. conducted a Counter Uncrewed Aerial Systems Sandbox joint exercise in partnership with the Canadian Army, Navy, Air force, and Special Operations Forces.
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Our clientele includes a mix of anti-drone market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada anti-drone market , including forecasts for subscribers. This country databook contains high-level insights into Canada anti-drone market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada anti drone market size, by component, 2018-2030 (US$M)
Canada Anti-drone Market Outlook Share, 2023 & 2030 (US$M)
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