The research report on the Airborne Intelligence Surveillance and Reconnaissance market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Airborne Intelligence Surveillance and Reconnaissance business sphere.
Rising demand for Unmanned Aerial Vehicles (UAVs) and increasing threats of terrorist attacks are factors projected to support market revenue growth between 2021 and 2028. In addition, increasing technological advancements for better data accuracy will continue to boost revenue growth of the market going ahead. Rapid technological advancements in the defense sector are resulting in development and deployment of more innovative solutions and systems and the trend is expected to continue over the forecast period.
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Further key findings from the report suggest
- Unmanned Intelligence, Surveillance and Reconnaissance (ISR) segment is expected to register fastest revenue CAGR during the forecast period. Unmanned systems include Remotely Piloted Air Systems (RPAS), wherein an Unmanned Aerial Vehicle (UAV) is commanded by pilots remotely. An Unmanned Aerial System (UAS) can alternatively be an autonomously operated UAV and, more frequently, a semi-autonomous UAV. Unmanned systems provide monitoring solutions by combining Traffic Alert and Collision Avoidance System (TCAS), transponders, terrain awareness, distance measuring devices, and Automatic Dependent Surveillance-Broadcast (ADS–B) into a unified and streamlined component that delivers unmatched operational performance and reliability.
- Homeland security segment is expected to register a significantly robust revenue growth rate over the forecast period due to rising demand for airborne ISR systems for police and homeland security applications.
- North America is expected to account for largest revenue share in the airborne Intelligence, Surveillance and Reconnaissance (ISR) market over the forecast period due to robust presence of leading market players including Northrop Grumman Corporation, Lockheed Martin Corporation, and Raytheon Technologies Corporation, among others, in countries in the region.
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The report offers a complete analysis of the global Airborne Intelligence Surveillance and Reconnaissance market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as Northrop Grumman Corporation, Lockheed Martin Corporation, Raytheon Technologies Corporation, Thales Group, Hensoldt AG, BAE Systems plc, Leonardo SPA, Saab AB, Aselsan A.S., and L3Harris Technologies, Inc.
The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
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Emergen Research has segmented global airborne Intelligence, Surveillance and Reconnaissance (ISR) on the basis of type, offerings, platform, application, end-use, and region:
Type Outlook (Revenue, USD Billion; 2018–2028)
- Manned Intelligence, Surveillance and Reconnaissance (ISR)
- Unmanned Intelligence, Surveillance and Reconnaissance (ISR)
Offerings Outlook (Revenue, USD Billion; 2018–2028)
Platform Outlook (Revenue, USD Billion; 2018–2028)
- Unmanned Systems
Application Outlook (Revenue, USD Billion; 2018–2028)
- Maritime Patrol Border Security
- Rescue Operations
- Tracking Target Acquisition
- Tactical Support
- Infrastructure Protection
- Homeland Security Missions
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
The report addresses the following key points:
- The report provides a forecast of market drivers, restraints, and future opportunities for the Airborne Intelligence Surveillance and Reconnaissance market
- The report further analyses the changing market dynamics
- Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Revenue forecast, country scope, application insights, and product insights
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