Airborne Intelligence, Surveillance and Reconnaissance Market by Product, Usage, Material, Types, and Applications for Global Opportunity Analysis and Industry Forecast, 2028
The Global Airborne Intelligence, Surveillance and Reconnaissance Market research report is a complete study that summarizes the most recent changes and advancements in the Airborne Intelligence, Surveillance and Reconnaissance industry, with 2018 acting as the base year and the forecast year being 2021–2028. The analysis provides useful details on the market’s size, share, sales channels, distribution system, market segmentation, consumer needs, industry trends, and potential for future growth. The research also looks at both global and regional market growth. The paper examines the COVID-19 pandemic’s implications for the market for Airborne Intelligence, Surveillance and Reconnaissance and its key segments.
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 the 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 the revenue growth of the market going forward. Rapid technological advancements in the defense sector are resulting in the development and deployment of more innovative solutions and systems, and the trend is expected to continue over the forecast period. Increasing usage of smaller unmanned surveillance systems is expected to lead to an increase in demand for electronic parts and components used in ISR missions. Effective data integration combined with multi-level comparable analysis to improve the accuracy of data and management is expected to open up new opportunities in the market in the near future.
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Competitive Landscape:
The latest study provides an insightful analysis of the broad competitive landscape of the global Airborne Intelligence Surveillance and Reconnaissance market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Airborne Intelligence Surveillance and Reconnaissance market and pinpoint the fundamental growth trends.
The leading market contenders listed in the report are:
Northrop Grumman Corporation, Lockheed Martin Corporation, Raytheon Technologies Corporation, Thales Group, Hensoldt AG, BAE Systems plc, Leonardo SPA, Saab AB, Aselsan A.Å., and L3Harris Technologies, Inc
Global Airborne Intelligence Surveillance and Reconnaissance Market Highlights:
Regional demand estimation and forecast
Product Mix Matrix
R&D Analysis
Cost-Benefit Analysis
Pre-commodity pricing volatility
Supply chain optimization analysis
Technological updates analysis
Raw Material Sourcing Strategy
Competitive Analysis
Mergers & Acquisitions
Location Quotients Analysis
Carbon Footprint Analysis
Patent Analysis
Vendor Management
Key Parameters Analyzed in This Section:
Company Profiles
Gross Revenue
Profit margins
Product sales trends
Product pricing
Industry Analysis
Sales & distribution channels
Regional Segmentation:
North America
Latin America
Europe
Middle East & Africa
Asia Pacific
Key Points Covered in This Section:
Regional contribution
Estimated revenue generation
Vital data and information about the consumption rate in all the leading regional segments
An expected rise in market share
Forecast growth in the overall consumption rate
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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.
Market Overview:
The report bifurcates the Airborne Intelligence Surveillance and Reconnaissance market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
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)
Solutions
Systems
Services
Platform Outlook (Revenue, USD Billion; 2018–2028)
Aircraft
Unmanned Systems
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Key reasons to buy the Global Airborne Intelligence Surveillance and Reconnaissance Market report:
The latest report comprehensively studies the global Airborne Intelligence Surveillance and Reconnaissance market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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