Airborne ISR market Growth and Analysis up to 2028
Stratview Research publishes a new report titled Airborne ISR Market which is segmented by the Solution (Systems, Software, Services), Platform (Military Aircraft, Military Helicopters, Unmanned Systems), Application (search and rescue operations, border and maritime patrol, target acquisition and tracking, critical infrastructure protection, tactical support, and others) End User (Défense, Homeland Security), and by Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The UK, Russia, and Rest of Europe], Asia-Pacific [China, Japan, India, and Rest of Asia-Pacific], and Rest of the World [Saudi Arabia, Brazil, and Others]).
Market Insights
The global Airborne ISR Market was estimated at US$ 9.5 Billion in 2021 and is expected to grow at a CAGR of 4.9% during 2022-2028 to reach US$ 13.3 Billion in 2028. Due to the increasing significance of airborne ISR services, the Airborne ISR market is developing. The growing demand for unmanned aerial vehicles( UAVs) is a major motorist for the airborne ISR market. In the defense sector, manned ISR airplanes are no longer popular.
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Key players active in the market –
The following are some of the key players in the AIRBORNE ISR Market:
Thales (France)
Boeing (US)
UTC Aerospace Systems (US)
BAE Systems (UK)
Northrop Grumman (US)
General Dynamics (US)
Elbit Systems Ltd (Israel)
FLIR Systems Inc (US)
Raytheon (US)
Global Airborne ISR Market Report Segments:
The Airborne ISR Market is segmented into the following categories:
Based on the platform, the market is bifurcated into Military Aircraft, Military Helicopters, and Unmanned Systems. Military Aircraft is further segmented into Fighter Aircraft, Transport Aircraft, Trainer Aircraft, and Special Mission Aircraft. Unmanned Systems are segmented into Small UAVs, Tactical UAVs, Strategic UAVs, Special Purpose UAVs, and Aerostats. The Military Aircraft segment is expected to grow at the highest CAGR during the forecast period.
Based on the application, the market is segmented as search and rescue operations, border and maritime patrol, target acquisition and tracking, critical infrastructure protection, tactical support, and others. The search and rescue operations segment had the largest market share in 2021.
Based on the End User, the market is segmented as defense and Homeland Security. The defense segment is further segmented into the Department of Défense, Intelligence Organizations, and Others. The Defense segment accounts for the largest market share in 2021.
In terms of regions, North America is likely to maintain its supremacy in the Airborne ISR market throughout the forecast period.
Why is this report beneficial?
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
It also offers –
- Market Overview
- Key Manufacturers Profiles
- Market Analysis by Region
- Market Segment by Type
- Market Segment by Application
- Raw Material and Supply Chain
- Other Key Research Findings
All the data compiled by the market experts is the outcome of rigorous primary and secondary research conducted on the market players and reliable sources, including company white papers, journals, press releases, and more.
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