Global Airborne Intelligence Surveillance & Reconnaissance Market Growth 2023-2029
Airborne intelligence, surveillance, and reconnaissance (ISR) is a crucial factor in conducting military and security operations. Defense authorities invest heavily in ISR systems to enhance national security as well as extract data from potential enemies. The airborne ISR systems collect the information from the targeted regions and pass it to the intelligence personnel, who formulate the battle plans or necessary actions. ISR integrates the intelligence process with surveillance, target acquisition, and reconnaissance tasks that assist in improving the situational awareness of the defense forces.
LPI (LP Information)' newest research report, the “Airborne Intelligence Surveillance & Reconnaissance Industry Forecast” looks at past sales and reviews total world Airborne Intelligence Surveillance & Reconnaissance sales in 2022, providing a comprehensive analysis by region and market sector of projected Airborne Intelligence Surveillance & Reconnaissance sales for 2023 through 2029. With Airborne Intelligence Surveillance & Reconnaissance sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Airborne Intelligence Surveillance & Reconnaissance industry.
This Insight Report provides a comprehensive analysis of the global Airborne Intelligence Surveillance & Reconnaissance landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Airborne Intelligence Surveillance & Reconnaissance portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Airborne Intelligence Surveillance & Reconnaissance market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Airborne Intelligence Surveillance & Reconnaissance and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Airborne Intelligence Surveillance & Reconnaissance.
The global Airborne Intelligence Surveillance & Reconnaissance market size is projected to grow from US$ 6369.8 million in 2022 to US$ 7838.5 million in 2029; it is expected to grow at a CAGR of 7838.5 from 2023 to 2029.
In this age of global terrorism, constant vigilance is necessary to always remain one step of nefarious elements in society. Nations across the world have taken this extremely seriously and are doing all they can to improve their surveillance and reconnaissance capabilities, cuts in defense budgets notwithstanding. Over the next decade or so, nations such as the U.S., China, Russia, and India are expected to modernize or entirely replace their airborne intelligence surveillance and reconnaissance equipment. This is primarily because of their intrinsic defense requirements coupled with the airborne intelligence surveillance and reconnaissance equipment market being flooded with customization options, technological upgrades, and alternative purchase models.
This report presents a comprehensive overview, market shares, and growth opportunities of Airborne Intelligence Surveillance & Reconnaissance market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Unmanned ISR
Manned ISR
Segmentation by application
Border Security
Military Intelligence
Surveillance
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BAE Systems
L-3 Communications
Lockheed Martin
Northrop Grumman
UTC Aerospace Systems
Key Questions Addressed in this Report
What is the 10-year outlook for the global Airborne Intelligence Surveillance & Reconnaissance market?
What factors are driving Airborne Intelligence Surveillance & Reconnaissance market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Airborne Intelligence Surveillance & Reconnaissance market opportunities vary by end market size?
How does Airborne Intelligence Surveillance & Reconnaissance break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.