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 accuracywill 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. Increasing usage of smaller unmanned surveillance systems is expected to lead to incline in demand for electronic parts and components being used inISR missions. Effective data integration combined with multi-level comparable analysis to improve accuracy of data and management is expected to open up new opportunities in the market in the near future.
The report is updated with the impact of the COVID-19 pandemic on the Airborne Intelligence Surveillance and Reconnaissance market. Every industry vertical across the globe has been affected by the pandemic, and the report assesses if the impact of the pandemic on the Airborne Intelligence Surveillance and Reconnaissance market has been positive or negative. It also sheds light on the effect of the financial difficulties and supply disruption caused by the pandemic in the overall growth of the market. Furthermore, the report covers a current and future impact assessment of the pandemic on the overall growth of the Airborne Intelligence Surveillance and Reconnaissance market.
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Competitive Outlook: The leading companies operating in the Airborne Intelligence Surveillance and Reconnaissance market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Airborne Intelligence Surveillance and Reconnaissance Market and 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
Objectives of the Report:
Study of the global Airborne Intelligence Surveillance and Reconnaissance market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Airborne Intelligence Surveillance and Reconnaissance market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Airborne Intelligence Surveillance and Reconnaissance market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Airborne Intelligence Surveillance and Reconnaissance market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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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)
- Helicopters
- Aircraft
- Unmanned Systems
Regional Segmentation:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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