Global Airborne ISR Market Outlook
According to a new report by Expert Market Research titled “Global Airborne ISR Market Size, Share, Analysis, Report, Demand, Forecast 2023-2028″, the global airborne ISR market reached a value of about USD 25.56 billion in 2022. Aided by increasing focus on enhancing national security and ongoing research and development efforts in advanced electro-optical and infrared sensors in ISR and tactical missions, the market is projected to further grow at a CAGR of 4.60% between 2023 and 2028 to reach a value of more than USD 33.75 billion by 2028.
Airborne Intelligence, Surveillance, and Reconnaissance (ISR) primarily refer to the deployment of aircraft systems – manned and unmanned – to gather data and crucial intelligence. This includes information about hostile territories, troop movements, or even monitoring vast expanses of maritime regions. The capabilities of these ISR systems range from simple visual surveillance to intricate radar, electronic surveillance, and even signal intelligence.
Incorporation of advanced sensor technology and Artificial Intelligence (AI) in ISR systems is considered to be one of the major airborne ISR market trends. The aim is to go through massive volumes of data in real-time, refining raw data into actionable intelligence, which can be invaluable in strategic decision-making processes. Technologies that enable this, such as thermal imaging, multispectral and hyperspectral imaging, have become increasingly prevalent.
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The airborne ISR market growth can be attributed to the growing usage of unmanned aircraft systems (UAS) or drones in ISR missions. Drones, especially those equipped with long endurance capabilities, are boosting the market growth globally. They can remain airborne for prolonged durations, ensuring constant surveillance, thereby providing commanders and strategists with a perennial eye-in-the-sky.
Moreover, with nations ramping up their focus on strengthening border surveillance, especially in areas with challenging terrains or hostile neighbourhoods, the demand for airborne ISR capabilities is growing. These systems offer a vantage point that traditional ground-based surveillance cannot, making them indispensable assets in any modern defence arsenal.
Another notable aspect bolstering the airborne ISR market demand is the escalating need for advanced ISR solutions in maritime surveillance. With naval territories becoming crucial geopolitical zones and maritime trade routes witnessing an uptick in illegal activities, airborne ISR systems are being increasingly deployed to monitor vast oceanic stretches.
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The airborne ISR market analysis further indicates that both developed and developing countries are focusing on integrating advanced communication systems with their ISR platforms. The objective behind this is to facilitate real-time data transmission from airborne systems to command and control centres, ensuring instantaneous sharing and action on the collected intelligence.
Airborne ISR Market Segmentation
The market can be divided based on platform, system, type, fuel type, application, and region.
Market Breakup by Platform
- Air
- Space
- Land
- Sea
Market Breakup by System
- Maritime Patrol
- Electronic Warfare
- Airborne Early Warning and Control (AEWC)
- Airborne Ground Surveillance (AGS)
- Signals Intelligence (SIGINT)
Market Breakup by Type
- Surveillance
- Reconnaissance
- Intelligence
Market Breakup by Fuel Type
- Hydrogen Fuel-Cells
- Solar Powered
- Alternate Fuel
- Battery Operated
- Gas-Electric Hybrids
Market Breakup by Application
- Manned Intelligence Surveillance and Reconnaissance
- Unmanned Intelligence Surveillance and Reconnaissance
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global airborne ISR market. Some of the major players explored in the report by Expert Market Research are as follows:
- BAE Systems PLC
- Kratos Defense & Security Solutions Inc.
- Thales Raytheon Systems
- Others
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