Airborne Intelligence, Surveillance and Reconnaissance Market Forecast through 2028 for size, share, growth, demand, app

Market Size – USD 9.53 Billion in 2020, Market Growth – at a CAGR of 6.4%, Market Trends – Increasing technological advancements for better data accuracy

The Airborne Intelligence, Surveillance and Reconnaissance Market study will provide readers, stakeholders, and companies with comprehensive information on market size, revenue growth, and general market dynamics in order to assist them in strengthening their positions in the global Airborne Intelligence, Surveillance and Reconnaissance market. Also, it provides thorough information on significant factors, constraints, issues, and market divisions depending on factors like product category, application, and regional bifurcation.

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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Global Airborne Intelligence Surveillance and Reconnaissance Market Highlights:

  • Regional demand estimation and forecast
  • Product Mix Matrix
  • RD 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

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.  

Key Companies Profiled 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

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)

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Additional information offered by the report:

  • Along with a complete overview of the global Cobots market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
  • The report elaborates on the global Cobots market size and share governed by the major geographies.
  • It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
  • It further presents a detailed description of the company profiles of the key market contenders.

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