The Airborne Intelligence Surveillance And Reconnaissance Market report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.
The global airborne Intelligence, Surveillance and Reconnaissance (ISR) market size reached USD 9.53 Billion in 2020 and is expected to register a revenue CAGR of 6.4% during the forecast period, according to latest analysis by Emergen Research. 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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Some Key Highlights from the Report
- 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.
One of the report’s central components is the broad Airborne Intelligence Surveillance And Reconnaissance market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Airborne Intelligence Surveillance And Reconnaissance market players.
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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
End-Use Outlook (Revenue, USD Billion; 2018–2028)
- Homeland Security
Highlights of the TOC:
- Report Overview
1.1 Research Scope
1.2 Key Airborne Intelligence Surveillance And Reconnaissance market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline
- Global Growth Trends
2.1 Global Airborne Intelligence Surveillance And Reconnaissance market size
2.2 Latest Airborne Intelligence Surveillance And Reconnaissance market trends
2.3 Key growth trends
- Competitive Landscape
3.1 Global Airborne Intelligence Surveillance And Reconnaissance market key players
3.2 Global Airborne Intelligence Surveillance And Reconnaissance size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Airborne Intelligence Surveillance And Reconnaissance market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
Key geographical areas:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Leading Players Profiled in the Report:
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.
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Key questions addressed in the report:
- What are the key factors driving the global Airborne Intelligence Surveillance And Reconnaissance market?
- Who are the key manufacturers in this market space?
- Who are the distributors, traders and dealers of this market?
- What are the market opportunities and risks affecting the performance of the vendors in the global Airborne Intelligence Surveillance And Reconnaissance market?
- What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
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