The global airborne ISR market reached a value of US$ 25.7 Billion in 2020. Airborne intelligence, surveillance and reconnaissance (ISR) systems help in finding and tracking friendly as well as hostile forces and assessing damage to hostile targets in an area of interest. They also assist in performing various security operations to enhance situational awareness for military personnel protection. These systems employ three different types of electronic sensors for capturing information which include electro-optical/infrared (EO/IR) sensors, radar, and signals intelligence (SIGINT) systems. Nowadays, defense authorities are expending on airborne ISR systems in order to improve national security and acquire data from potential enemies.
Global Airborne ISR Market Drivers:
- In comparison with manned ISR aircraft, unmanned aerial vehicles (UAVs) are smaller, more reliable and cost-effective. They are also equipped with a range of systems like an engine, autopilot, airframe, sensor package, navigation system and a communication link, and onboard sensors such as GPS, LASER, SAR (Synthetic Aperture Radar) and IMU (Inertial Measurement Unit). As a result, the demand for UAVs is being propelled around the world which, in turn, is driving the growth of the airborne ISR market. Moreover, on account of economic prosperity, growing threats of terror attacks, and increasing political and religious clashes, several countries worldwide are focusing on enhancing their warfare capabilities. This assists in averting enemy trespasses and helps in gathering information about their strengths and movements. Looking forward, IMARC Group expects the global airborne ISR market to reach a value of US$ 34.20 Billion by 2026, exhibiting a CAGR of 4.90% during 2021-2026.
Report Coverage:
- Historical, Current and Future Market Trends
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)
Market Breakup by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Competitive Landscape:
- 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, UTC Aerospace Systems, FLIR Systems Inc., Airbus, General Atomics, etc.
Key Questions Answered in This Report:
- How has the global airborne ISR market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global airborne ISR industry?
- What has been the impact of COVID-19 on the global airborne ISR market?
- What is the breakup of the market based on the platform?
- What is the breakup of the market based on the system?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the fuel type?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the global airborne ISR industry?
- What are the key driving factors and challenges in the global airborne ISR industry?
- What is the structure of the global airborne ISR industry and who are the key players?
- What is the degree of competition in the global airborne ISR market?
- What are the profit margins in the global airborne ISR market?