Airborne ISR Market Overview 2022-2027:
According to the latest report by IMARC Group, titled “Airborne ISR Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on Airborne ISR market outlook. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global airborne ISR market reached a value of US$ 27.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 35.9 Billion by 2027, exhibiting at a CAGR of 4.6% during 2022-2027.
Airborne intelligence, surveillance and reconnaissance (ISR) systems are used to navigate, track and identify targets. They also assist in performing various security operations to enhance situational awareness for military personnel protection. Nowadays, the leading players in the industry are designing advanced airborne ISR platforms to facilitate multi-intelligence solutions by integrating them with the next generation of aerial sensors to give a comprehensive overview of the battlespace.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Global Airborne ISR Market Trends:
Airborne ISR systems are mainly being utilized by defense authorities to acquire data from potential threats to improve national security. Also, with the advancements in technology and the rising number of terror attacks, economic prosperity, and political and religious conflicts, various countries are focusing on enhancing their warfare capabilities. Owing to this, the demand for continuous surveillance and advanced data links have grown exponentially over the past few years. Besides this, governments across the globe are also implementing several initiatives to improve airborne ISR deployment. Moreover, the ongoing research and development (R&D) activities in advanced electro-optical and infrared sensors used in ISR and tactical missions have impelled the market growth.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- BAE Systems PLC
- L3Harris Technologies, Inc.
- Kratos Defense & Security Solutions Inc.
- Thales Raytheon Systems
- Elbit Systems Ltd
- UTC Aerospace Systems (United Technologies Corporation)
- General Dynamics
- CACI International Inc.
- Northrop Grumman Corporation
- Lockheed Martin Corporation
- FLIR Systems Inc.
- Airbus, General Atomics
Airborne ISR Market Segmentation:
Our report has categorized the market based on region, platform, system, type, fuel type and application.
Market Breakup by Platform:
- Air
- Airborne Ground Surveillance
- Electronic Warfare
- Communications
- Airborne Early Warning
- Space
- Satellite
- Communication Data Link
- Electro-Optical/Infra-Red (EO/IR)
- Land
- Electronic Warfare
- Communications and Radar
- C3 Systems
- Sea
- Electronic Warfare
- Radar and Sonar
- Unmanned Aerial Vehicle (UAV)
Market Breakup by System:
- Maritime Patrol
- Electronic Warfare
- Airborne Early Warning and Control (AEWC)
- Airborne Ground Surveillance (AGS)
- Signals Intelligence (SIGINT)
Market Breakup by Type:
- Surveillance
- Reconnaissance
- Intelligence
Market Breakup by Fuel Type:
- Hydrogen Fuel-Cells
- Solar Powered
- Alternate Fuel
- Battery Operated
- Gas-Electric Hybrids
Breakup by Application:
- Manned Intelligence Surveillance and Reconnaissance (ISR)
- Unmanned Intelligence Surveillance and Reconnaissance (ISR)
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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