Global Military and Defense Sensor Market Size study & Forecast, by Platform, By Component, By Application, and Regional Analysis, 2022-2029

Description

List of Tables

Global Military and Defense Sensor Market is valued at approximately USD 8.3 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.8% over the forecast period 2022-2029. Military and defence sensors are part of a weapon, an aircraft, or an electronic gadget that scans its environment to gather data or detects changes in its surroundings. In order to analyze the data, the acquired information is subsequently transmitted to other electronic systems, often a computer processor. Radars, airplanes, missiles, battle, and other systems for navigation, weapon control, active guidance, target tracking, and environmental awareness all use military and defence sensors. Fog, smoke, and dust can also be detected using sensors such as electro-optical ones. The market demand is primarily driven by the factors such as the use of unmanned systems in military and defense operations is increasing, and sensors play a critical role in enabling these systems to operate autonomously and effectively, coupled with the growing threat of terrorism and asymmetric warfare has led to an increased demand for military and defense sensors that can detect and identify potential threats in real-time.

In addition, the increase in military and defense expenditure is acting as major driving factor for market growth. The Stockholm International Peace Research Institute (SIPRI) reported that the worldwide military budget has increased 2.6% year over year to reach at $1,981 billion in 2020. In 2020, the military budget accounted for 2.4% of the global GDP. Thus, a surge in global military expenditure has accelerated the deployment of excellent defense technologies, such as drone defence systems. Furthermore, The development of the internet of things (IoT), micro-electrochemical systems (miniature mechanical & electronics integrated devices), and artificial intelligence (AI) open up new prospects in the sector Governments and organizations implement regulations governing the development and transfer of weapons systems or related technologies are presenting lucrative opportunities for market growth over the forthcoming years. However, the complexity in the development of vaccines is restricting the market growth over the forecast period of 2022-2029.

The key regions considered for the Global Military and Defense Sensor Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the growth of the military sensors market in this region including significant expenditures in R&D activities for the development of new military power solutions by major companies and the rising need for lightweight and energy-efficient sensors. Whereas, Europe is also expected to grow at the highest growth rate over the forecasting period. Factors such as Countries such as the United Kingdom, France, and Germany have large defense budgets, which are driving the growth of the market in this region. The increasing demand for advanced sensors for intelligence, surveillance, and reconnaissance (ISR) applications are burgeoning the market growth in the forecasting years.

Major market players included in this report are:

Thales Group
BAE Systems plc.
Raytheon Technologies
Curtiss-Wright Corporation
Honeywell International Inc.
Esterline Technologies Corporation
Kongsberg Gruppen
TE Connectivity Ltd.
Lockheed Martin Corporation
Rock West Solutions Inc.

Recent Developments in the Market:

In June 2022, A significant test of the company's Joint All Domain Command and Control architecture was conducted by Raytheon Intelligence & Space, a Raytheon Technologies subsidiary, in which it demonstrated its ability to gather information on a fictitious sea-based threat and then exchange targeting solutions with distributed defence systems across the Western Pacific Ocean. Radar and electronic intelligence sensors were used with Raytheon's Multi-Program Testbed (RMT), a converted Boeing 727, to define the fictitious threat. The data was quickly synthesised by onboard processors, who then transmitted a thorough targeting solution to tactical platforms.
In September 2021, Thales Group and The National University of Singapore (NUS) have signed a Memorandum of Understanding (MoU) to kick off a two-year collaboration to develop and test quantum technologies for commercial applications. The Quantum Engineering Programme (QEP) in Singapore and Thales intend to progress quantum technologies and get the sector ready for their arrival through the MoU. Through their collaboration, Thales and QEP's industry and academic professionals will be able to test and assess transdisciplinary quantum security technologies. In the areas of developing novel materials and designing for quantum sensing, they will also look into possible research partnership prospects. Also, they will plan collaborative events such as seminars and conferences to share their knowledge and present the results of their research.

Global Military and Defense Sensor Market Report Scope:

Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Platform, Component, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Platform:

Land
Naval
Airborne

By Component:

Software
Hardware

By Application:

Combat Operations
Target Recognition
Electronic Warfare
Communication and Navigation
Command and Control
Surveillance and Monitoring
Intelligence and Reconnaissance

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
ROLA
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Military and Defense Sensor Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Military and Defense Sensor Market, by Platform, 2019-2029 (USD Billion)
- 1.2.3. Military and Defense Sensor Market, by Component, 2019-2029 (USD Billion)
- 1.2.4. Military and Defense Sensor Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Military and Defense Sensor Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Military and Defense Sensor Market Dynamics

3.1. Military and Defense Sensor Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increase in military and defense expenditure.
  - 3.1.1.2. Increasing demand for unmanned systems.
  - 3.1.1.3. Growing threat of terrorism.
- 3.1.2. Market Challenges
  - 3.1.2.1. Complexity in the development of vaccines
- 3.1.3. Market Opportunities
  - 3.1.3.1. Development of IoT, AI, Micro-Electro Chemical system.
  - 3.1.3.2. Government initiatives for development.

Chapter 4. Global Military and Defense Sensor Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Military and Defense Sensor Market, by Platform

6.1. Market Snapshot
6.2. Global Military and Defense Sensor Market by Platform, Performance - Potential Analysis
6.3. Global Military and Defense Sensor Market Estimates & Forecasts by Platform 2019-2029 (USD Billion)
6.4. Military and Defense Sensor Market, Sub Segment Analysis
- 6.4.1. Land
- 6.4.2. Naval
- 6.4.3. Airborne

Chapter 7. Global Military and Defense Sensor Market, by Component

7.1. Market Snapshot
7.2. Global Military and Defense Sensor Market by Component, Performance - Potential Analysis
7.3. Global Military and Defense Sensor Market Estimates & Forecasts by Component 2019-2029 (USD Billion)
7.4. Military and Defense Sensor Market, Sub Segment Analysis
- 7.4.1. Software
- 7.4.2. hardware

Chapter 8. Global Military and Defense Sensor Market, by Application

8.1. Market Snapshot
8.2. Global Military and Defense Sensor Market by Application, Performance - Potential Analysis
8.3. Global Military and Defense Sensor Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
8.4. Military and Defense Sensor Market, Sub Segment Analysis
- 8.4.1. Combat Operations
- 8.4.2. Target Recognition
- 8.4.3. Electronic Warfare
- 8.4.4. Communication and Navigation
- 8.4.5. Command and Control
- 8.4.6. Surveillance and Monitoring
- 8.4.7. Intelligence and Reconnaissance

Chapter 9. Global Military and Defense Sensor Market, Regional Analysis

9.1. Military and Defense Sensor Market, Regional Market Snapshot
9.2. North America Military and Defense Sensor Market
- 9.2.1. U.S. Military and Defense Sensor Market
  - 9.2.1.1. Platform breakdown estimates & forecasts, 2019-2029
  - 9.2.1.2. Component breakdown estimates & forecasts, 2019-2029
  - 9.2.1.3. Application breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Military and Defense Sensor Market
9.3. Europe Military and Defense Sensor Market Snapshot
- 9.3.1. U.K. Military and Defense Sensor Market
- 9.3.2. Germany Military and Defense Sensor Market
- 9.3.3. France Military and Defense Sensor Market
- 9.3.4. Spain Military and Defense Sensor Market
- 9.3.5. Italy Military and Defense Sensor Market
- 9.3.6. Rest of Europe Military and Defense Sensor Market
9.4. Asia-Pacific Military and Defense Sensor Market Snapshot
- 9.4.1. China Military and Defense Sensor Market
- 9.4.2. India Military and Defense Sensor Market
- 9.4.3. Japan Military and Defense Sensor Market
- 9.4.4. Australia Military and Defense Sensor Market
- 9.4.5. South Korea Military and Defense Sensor Market
- 9.4.6. Rest of Asia Pacific Military and Defense Sensor Market
9.5. Latin America Military and Defense Sensor Market Snapshot
- 9.5.1. Brazil Military and Defense Sensor Market
- 9.5.2. Mexico Military and Defense Sensor Market
- 9.5.3. Rest of Latin America Military and Defense Sensor Market
9.6. Rest of The World Military and Defense Sensor Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Company Profiles
- 10.2.1. Thales Group
  - 10.2.1.1. Key Information
  - 10.2.1.2. Overview
  - 10.2.1.3. Financial (Subject to Data Availability)
  - 10.2.1.4. Product Summary
  - 10.2.1.5. Recent Developments
- 10.2.2. BAE Systems plc.
- 10.2.3. Raytheon Technologies
- 10.2.4. Curtiss-Wright Corporation
- 10.2.5. Honeywell International Inc.
- 10.2.6. Esterline Technologies Corporation
- 10.2.7. Kongsberg Gruppen
- 10.2.8. TE Connectivity Ltd.
- 10.2.9. Lockheed Martin Corporation
- 10.2.10. Rock West Solutions Inc.

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Military and Defense Sensor Market, report scope
TABLE 2. Global Military and Defense Sensor Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Military and Defense Sensor Market estimates & forecasts by Platform 2019-2029 (USD Billion)
TABLE 4. Global Military and Defense Sensor Market estimates & forecasts by Component 2019-2029 (USD Billion)
TABLE 5. Global Military and Defense Sensor Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 6. Global Military and Defense Sensor Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Military and Defense Sensor Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Military and Defence Sensor Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Military and Defense Sensor Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Military and Defense Sensor Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Military and Defense Sensor Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Military and Defense Sensor Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Military and Defense Sensor Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Military and Defense Sensor Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Military and Defense Sensor Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Military and Defense Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Military and Defense Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Military and Defense Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Military and Defense Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Military and Defense Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. France Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Military and Defense Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. Italy Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Military and Defense Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. Spain Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Military and Defense Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Military and Defense Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Military and Defense Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Military and Defense Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Military and Defense Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Military and Defense Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Military and Defense Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Military and Defense Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Military and Defense Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Military and Defense Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Military and Defense Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Military and Defense Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Military and Defense Sensor Market
TABLE 71. List of primary sources, used in the study of global Military and Defense Sensor Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Military and Defense Sensor Market, research methodology
FIG 2. Global Military and Defense Sensor Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Military and Defense Sensor Market, key trends 2021
FIG 5. Global Military and Defense Sensor Market, growth prospects 2022-2029
FIG 6. Global Military and Defense Sensor Market, porters 5 force model
FIG 7. Global Military and Defense Sensor Market, pest analysis
FIG 8. Global Military and Defense Sensor Market, value chain analysis
FIG 9. Global Military and Defense Sensor Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Military and Defense Sensor Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Military and Defense Sensor Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Military and Defense Sensor Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Military and Defense Sensor Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Military and Defense Sensor Market, regional snapshot 2019 & 2029
FIG 15. North America Military and Defense Sensor Market 2019 & 2029 (USD Billion)
FIG 16. Europe Military and Defense Sensor Market 2019 & 2029 (USD Billion)
FIG 17. Asia Pacific Military and Defense Sensor Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Military and Defense Sensor Market 2019 & 2029 (USD Billion)
FIG 19. Global Military and Defense Sensor Market, company Market share analysis (2021)