Categories: Aerospace and Defence | Format :
Global Airborne Intelligence Surveillance and Reconnaissance Market Overview
The Global Airborne Intelligence Surveillance and Reconnaissance market size are estimated to reach $9.1 billion by 2026, growing at a CAGR of 7.1% over the forecast period of 2022-2026. Airborne reconnaissance, surveillance, and reconnaissance systems (ISR) help find and track friendly and enemy armed forces and assess damage to enemy targets in an area of ​​interest. They also help conduct various security operations to increase situational awareness to protect military personnel.
These systems use three types of electronic sensors to collect information: electro-optic / infrared (EO / IR) sensors, radar, and signal intelligence (SIGINT) systems. Today, defense agencies invest in airborne ISR systems to improve national security and obtain data from potential enemies. However, concerns about the inaccuracy and operational difficulties of airborne ISR systems and challenges in developing such systems are some key factors that are expected to hinder global market growth to some extent during the forecast period.
For example, airborne ISR technology is less precise, limiting its effectiveness and usefulness in high-precision operations. In addition, maintenance and assembly require well-trained personnel and a clean environment to avoid contamination. In addition, the complexity of manufacturing and maintaining airborne ISR systems are holding back market growth.
Impact of COVID-19:
Long-term market drivers for airborne ISR remain strong, and, before the pandemic, the market had started to show signs of recovery from the significant market price reset. However, the COVID-19 pandemic has swept the world, with many industries trying to stay afloat. Governments and businesses involved with ISR are reacting differently to the new situation. Some product launches are moving forward, while some are not; some tests continue, and some are delayed; some companies still operate, and others have shuttered.
Key Takeaways from Global Airborne Intelligence Surveillance and Reconnaissance Market Report:
By Platform, the market for Aircraft Segment to grow at the highest CAGR during the forecast period.
During the forecast period, the market for the aircraft segment is predicted to develop at the fastest rate of XX%. Due to the rising demand for ISR systems for military aircraft applications. Search and rescue, land and marine surveillance, border security, life raft deployment, and controlled immigration are among the primary missions of ISR aircraft. In addition, these are being used by defense, government, and private users for ground and marine monitoring. In August 2020, AeroVironment, Inc. announced it received a firm-fixed-price contract award valued at USD 45 million for RQ-11B Raven small unmanned aircraft systems (UAS) and initial spares packages. Soldiers will use these to conduct battlefield surveys and provide their units with a greater level of security.
By End-user, Defense Segment to grow at the highest CAGR during the forecast period.
The defense segment is predicted to develop at the fastest CAGR during the projection period. It is owing to Defense intelligence units, and other government agencies are rapidly employing airborne ISR systems. Airborne ISR systems operate as a data grid, collecting essential data from numerous sensors deployed on various airborne systems like sonar, including radar and electro-optic. National safety concerns are rising at an alarming rate currently. Such risks are unpredictable, and airborne ISR equipment is preconfigured with commands to perform specified tasks, which is expected to boost the adoption of airborne ISR systems among countries for defense applications.
North America to account for the largest market share during the forecast period.
North America held the largest share of the Airborne Intelligence Surveillance and Reconnaissance market in 2020, with a global market share of 33%. The growth of this region is due to Rising expenditure on RD initiatives to develop more advanced ISR systems by significant companies. Rising demand for more precise and reliable ISR systems are key factors expected to drive market growth. The U.S. Government and the U.S. Department of Defense intend to start divesting several airborne systems to support new ISR technologies that can access and gather data in a highly contested setting. The Air Force undertakes ISR missions to evaluate, inform, and provide army leaders with crucial information to make better decisions.
The Asia Pacific is set to be the fastest-growing over 2021-2026. This growth is due to the increasing purchase of airborne ISR systems due to rising transnational and geographic disturbances and conflicts, increasing risks of terrorist attacks. Also, regional border confrontations and rising utilization of airborne ISR-based geosciences monitoring for scientific research in the region are expected to drive market revenue growth.
Market Dynamics
Driver:
The rising demand for UAVs for airborne ISR applications has been a prime reason for the market penetration.
Unmanned systems have become an integral part of military forces worldwide. Deploying airborne ISR systems on unmanned platforms facilitates the transmission of surveillance and imagery data. The integration of unmanned systems with communication antennas and other surveillance equipment assist in various critical missions. Additionally, unmanned aircraft require limited to no personnel and thus reduce the risk of loss of human lives. Owing to these benefits, countries such as the US, India, and China have allocated substantial budgets to procure and deploy more UAVs in their defense forces, especially for ISR applications. Increasing deployment of UAVs for airborne surveillance and mapping missions results in the growing need for small, compact ISR systems that are effectively integrated within the UAV platform without hampering its overall efficiency. Thus, several major industry players in the airborne ISR market, including Leonardo S.p.A (Italy) and Lockheed Martin (US) emphasize developing and offering lightweight ISR systems for UAV platforms.
Challenge:
Complexity in the designs of Airborne ISR systems has raised questions and impeded the market growth.
The increasing demand for highly accurate information and sophisticated ISR technology is also increasing in the aerospace & defense sector. Military aircraft ISR equipment is embedded in aircraft's various control systems to carry out different operations. As a result, the complexity in the designs of these systems is continuously increasing, the rise in the number of functions to be performed by them to meet the requirements of end-users. In addition, it has led manufacturers of ISR systems to focus on adding new functionalities to the designs of these systems. Thus, the increased complexity in designs is expected to make their manufacturing process expensive as manufacturers need to install sophisticated machinery for producing airborne ISR systems.
Key Market Players
Key Players in the Global Airborne Intelligence Surveillance and Reconnaissance Market include Lockheed Martin Corporation, Northrop Grumman, Thales Group, Raytheon Technologies Corporation, Hensoldt AG, Leonardo SPA, BAE Systems, Israel Aerospace Industries, Saab AB, Aselsan, Elbit Systems, and L3Harris Technologies.
Recent Developments:
Report Coverage and Scope
The report "Global Airborne Intelligence Surveillance and Reconnaissance Market" by Research Informatic covers an in-depth detailed analysis for the following segments covered under the scope.
By Platform
By Application
By End-User
By Geography
Chapter 1 Airborne Intelligence Surveillance and Reconnaissance Market Overview
1.1 Product Overview and Scope of Airborne Intelligence Surveillance and Reconnaissance
1.2 Airborne Intelligence Surveillance and Reconnaissance Market Segmentation By Platform
1.2.1 Military Aircraft
1.2.2 Military Helicopters
1.2.3 Unmanned Systems
1.3 Airborne Intelligence Surveillance and Reconnaissance Market Segmentation By End User
1.3.1 Defense
1.3.2 Homeland Security
1.4 Airborne Intelligence Surveillance and Reconnaissance Market Segmentation by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
1.5 Global Market Size (Value) of Airborne Intelligence Surveillance and Reconnaissance (2016-2021)
Chapter 2 Global Economic Impact on Airborne Intelligence Surveillance and Reconnaissance Industry
2.1 Global Macroeconomic Environment Analysis
2.1.1 Global Macroeconomic Analysis
2.1.2 Global Macroeconomic Environment Development Trend
2.2 Global Macroeconomic Environment Analysis by Regions
Chapter 3 Global Airborne Intelligence Surveillance and Reconnaissance Market Competition by Manufacturers
3.1 Global Airborne Intelligence Surveillance and Reconnaissance Production and Share by Manufacturers (2016-2021)
3.2 Global Airborne Intelligence Surveillance and Reconnaissance Revenue and Share by Manufacturers (2016-2021)
3.3 Global Airborne Intelligence Surveillance and Reconnaissance Average Price by Manufacturers (2016-2021)
3.4 Manufacturers Airborne Intelligence Surveillance and Reconnaissance Manufacturing Base Distribution, Production Area and Product Type
3.5 Airborne Intelligence Surveillance and Reconnaissance Market Competitive Situation and Trends
3.5.1 Airborne Intelligence Surveillance and Reconnaissance Market Concentration Rate
3.5.2 Airborne Intelligence Surveillance and Reconnaissance Market Share of Top 3 and Top 5 Manufacturers
3.5.3 Mergers & Acquisitions, Expansion
Chapter 4 Global Airborne Intelligence Surveillance and Reconnaissance Production, Revenue (Value) by Region (2016-2021)
4.1 Global Airborne Intelligence Surveillance and Reconnaissance Production by Region (2016-2021)
4.2 Global Airborne Intelligence Surveillance and Reconnaissance Production Market Share by Region (2016-2021)
4.3 Global Airborne Intelligence Surveillance and Reconnaissance Revenue (Value) and Market Share by Region (2016-2021)
4.4 Global Airborne Intelligence Surveillance and Reconnaissance Production, Revenue, Price and Gross Margin (2016-2021)
4.5 North America Airborne Intelligence Surveillance and Reconnaissance Production, Revenue, Price and Gross Margin (2016-2021)
4.6 Europe Airborne Intelligence Surveillance and Reconnaissance Production, Revenue, Price and Gross Margin (2016-2021)
4.7 China Airborne Intelligence Surveillance and Reconnaissance Production, Revenue, Price and Gross Margin (2016-2021)
4.8 Japan Airborne Intelligence Surveillance and Reconnaissance Production, Revenue, Price and Gross Margin (2016-2021)
4.9 Southeast Asia Airborne Intelligence Surveillance and Reconnaissance Production, Revenue, Price and Gross Margin (2016-2021)
4.10 India Airborne Intelligence Surveillance and Reconnaissance Production, Revenue, Price and Gross Margin (2016-2021)
Chapter 5 Global Airborne Intelligence Surveillance and Reconnaissance Supply (Production), Consumption, Export, Import by Regions (2016-2021)
5.1 Global Airborne Intelligence Surveillance and Reconnaissance Consumption by Regions (2016-2021)
5.2 North America Airborne Intelligence Surveillance and Reconnaissance Production, Consumption, Export, Import by Regions (2016-2021)
5.3 Europe Airborne Intelligence Surveillance and Reconnaissance Production, Consumption, Export, Import by Regions (2016-2021)
5.4 China Airborne Intelligence Surveillance and Reconnaissance Production, Consumption, Export, Import by Regions (2016-2021)
5.5 Japan Airborne Intelligence Surveillance and Reconnaissance Production, Consumption, Export, Import by Regions (2016-2021)
5.6 Southeast Asia Airborne Intelligence Surveillance and Reconnaissance Production, Consumption, Export, Import by Regions (2016-2021)
5.7 India Airborne Intelligence Surveillance and Reconnaissance Production, Consumption, Export, Import by Regions (2016-2021)
Chapter 6 Global Airborne Intelligence Surveillance and Reconnaissance Production, Revenue (Value), Price Trend by Type
6.1 Global Airborne Intelligence Surveillance and Reconnaissance Production and Market Share by Type (2016-2021)
6.2 Global Airborne Intelligence Surveillance and Reconnaissance Revenue and Market Share by Type (2016-2021)
6.3 Global Airborne Intelligence Surveillance and Reconnaissance Price by Type (2016-2021)
6.4 Global Airborne Intelligence Surveillance and Reconnaissance Production Growth by Type (2016-2021)
Chapter 7 Global Airborne Intelligence Surveillance and Reconnaissance Market Analysis by Application
7.1 Global Airborne Intelligence Surveillance and Reconnaissance Consumption and Market Share by Application (2016-2021)
7.2 Global Airborne Intelligence Surveillance and Reconnaissance Consumption Growth Rate by Application (2016-2021)
7.3 Market Drivers and Opportunities
7.3.1 Potential Applications
7.3.2 Emerging Markets/Countries
Chapter 8 Airborne Intelligence Surveillance and Reconnaissance Manufacturing Cost Analysis
8.1 Airborne Intelligence Surveillance and Reconnaissance Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labour Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of Airborne Intelligence Surveillance and Reconnaissance
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 Airborne Intelligence Surveillance and Reconnaissance Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of Airborne Intelligence Surveillance and Reconnaissance Major Manufacturers in 2022
9.4 Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List
Chapter 11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change
Chapter 12 Global Airborne Intelligence Surveillance and Reconnaissance Market Forecast (2022 - 2026)
12.1 Global Airborne Intelligence Surveillance and Reconnaissance Production, Revenue Forecast (2022 - 2026)
12.2 Global Airborne Intelligence Surveillance and Reconnaissance Production, Consumption Forecast by Regions (2022 - 2026)
12.3 Global Airborne Intelligence Surveillance and Reconnaissance Production Forecast by Type (2022 - 2026)
12.4 Global Airborne Intelligence Surveillance and Reconnaissance Consumption Forecast by Application (2022 - 2026)
12.5 Airborne Intelligence Surveillance and Reconnaissance Price Forecast (2021-2027)
Chapter 13 Appendix
Published On:Jan 2022
Base Year:2021
Historical Data:2018-2020
No of Pages:120
Airborne Intelligence Surveillance and Reconnaissa...
RD Code : AD22