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Naval ISR Market Forecasts to 2028 – Global Analysis By Vessel Type (Underwater Vessel Intelligence Surveillance And Reconnaissance (ISR) and Surface Vessel Intelligence Surveillance And Reconnaissance (ISR)), Operation (Commercial and Defense), Applicati

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from $4,150 175 Pages Stratistics Market Research Consulting November, 2022 SMR17517930
Best Price Guarantee
Price from $4,150
Length 175 Pages
Publisher Stratistics Market Research Consulting
Published Date November, 2022
SKU SMR17517930

Naval ISR Market Forecasts to 2028 – Global Analysis By Vessel Type (Underwater Vessel Intelligence Surveillance And Reconnaissance (ISR) and Surface Vessel Intelligence Surveillance And Reconnaissance (ISR)), Operation (Commercial and Defense), Application and By Geography

According to Stratistics MRC, the Global Naval ISR Market is accounted for $15.70 billion in 2022 and is expected to reach $20.80 billion by 2028 growing at a CAGR of 4.8% during the forecast period. Naval Intelligence, Surveillance, and Reconnaissance (ISR) systems aid in the detection and tracking of friendly and hostile forces, as well as the assessment of enemy force damage within a certain zone. Additionally, naval ISR contributes to numerous security operations by enhancing situational awareness and hence enhancing military personnel protection.

According to the data released by the Stockholm International Peace Research Institute (SIPRI), world military spending has continued to witness growth in 2021, reaching an all-time high of USD 2.1 trillion.

Market Dynamics:

Driver:

Increasing demand in commercial and defense sectors

The market for naval ISR is expected to expand significantly throughout the projected period, owing to its broad applicability and scope, particularly in the commercial and defence sectors. Naval ISR can be utilized for many different things, including mapping the ocean floor, navigating the ocean floor, identifying hostile threat vessels, and enhancing the situational awareness of both military and commercial naval vessels.

Restraint:

ISRs diversity

The diversity of ISRs is one of their primary issues. Leadership perspective: Managing intelligence, Surveillance & Reconnaissance (ISR) integration, 2020). Different military organisations within the same nation use various ISR systems, which can result in misunderstandings and mistakes. This scenario could become severe, so it's important to assess if it is worthwhile to create a unique system for each of these firms and implement it globally.

Opportunity:

Increasing implementation of artificial intelligence (AI) in ISR

The use of artificial intelligence (AI) systems to track, compute, spot, chart, and execute the most appropriate actions for a ship or vessel and improve existing maritime capabilities are used since oceanic environments are typically unmapped and difficult to traverse. AI can be employed in naval combat to track, map, and frequently engage adversarial ships. The huge rise in recent years in defence spending and procurement plans by different nations along with rising use of artificial intelligence will fuel the market's expansion in the years to come.

Threat:

High cost and maintenance

The high cost of ISR system maintenance could limit market revenue growth throughout the forecast period. High-tech ISR systems may not be incorporated into naval forces because of rising equipment operating and maintenance costs.

Covid-19 Impact

The global naval ISR production industry has been greatly impacted by the COVID-19 outbreak. Various naval ISR manufacturing companies saw a decrease in the number of orders due to a scarcity of components and equipment, causing a disruption in the manufacturing schedules of the naval ISR companies. Furthermore, producers of naval ISR systems faced delivery issues due to border limitations imposed by several countries, as well as bottlenecks in the supply chain.

The surface naval ISR segment is expected to be the largest during the forecast period

The surface naval ISR segment is estimated to have a lucrative growth, due to its extensively usage in command, control and communications system for applications that are non-combatant. In addition to supporting weapon systems, surface naval ISR mission systems are employed for maritime surveillance, security operations, command & combat, and other duties. For littoral security, safety, ocean security, and point, local, and large area defence in fleets, surface ISR activities provide a full spectrum of domain-oriented solutions.

The coastal surveillance segment is expected to have the highest CAGR during the forecast period

The coastal surveillance segment is anticipated to witness the fastest CAGR growth during the forecast period, as it provides coast guards with real-time information related to coastal area activities. ISR systems used for coastal surveillance give full control over a shoreline area by precisely tracking and identifying fast-moving, tiny targets that might enter a coastal area that is not being monitored. The protection of marine life, vital infrastructure, and the environment are all ensured by the surveillance of coastal areas, which provides total situational awareness from the shore.

Region with highest share:

North America is projected to hold the largest market share during the forecast period, owing to the growing adoption of modern technologies in fleets, increased defence spending, and the increasing prevalence of asymmetric threats Additionally, the presence of major market players in the area, including BAE Systems PLC, is assisting the North American market's revenue growth. The expansion of the market in this area is anticipated to be fueled by the rise in the purchase of ISR systems for submarines and the installation of systems to transmit and receive real-time ISR data to enhance military capabilities.

Region with highest CAGR:

Asia Pacific is projected to have the highest CAGR over the forecast period, owing to the rising focus placed by countries such as India, China, and Japan on maintaining strategic presence in respective oceanic zones. Furthermore, rising cross-border tensions and illicit commerce through marine channels are propelling industry expansion in the region.

Key players in the market

Some of the key players profiled in the Naval ISR Market include Atlas Elektronik, BAE Systems, General Dynamics Corporation, L3 Harris Technologies, Leonardo DRS, Lockheed Martin Corporation, Northrop Grumman, Raytheon, Thales Group, Ultra Electronics

Key Developments:

In August 2022, a real-time ISR data network contract has been signed between the US Navy as well as BAE Systems. BAE Systems has been awarded a contract of USD 42.6 million for manufacturing seven Network Tactical Common Data Link Systems (NTCDL) which shall enable the Navy to transmit and receive real-time intelligence, surveillance, and reconnaissance data from multiple sources and enables the exchange of command-and-control information over multiple data links.

In June 2021, The US Army has hired L3 and Raytheon to demonstrate, develop, manufacture, and integrate prototype electronic intelligence (ELINT) and communications intelligence (COMINT) sensors on a new version of the HADES intelligence, surveillance, and reconnaissance (ISR) Multi-Domain Sensing System (MDSS).

Vessel Types Covered:
• Underwater Vessel Intelligence Surveillance And Reconnaissance (ISR)
• Surface Vessel Intelligence Surveillance And Reconnaissance (ISR)

Operations Covered:
• Commercial
• Defense

Applications Covered:
• Critical Infrastructure Protection
• Coastal Surveillance
• Disaster Relief
• Search & Rescue Operation
• Maritime Monitoring
• Tactical Support
• Other Applications

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Naval ISR Market, By Vessel Type
5.1 Introduction
5.2 Underwater Vessel Intelligence Surveillance And Reconnaissance (ISR)
5.3 Surface Vessel Intelligence Surveillance And Reconnaissance (ISR)
6 Global Naval ISR Market, By Operation
6.1 Introduction
6.2 Commercial
6.3 Defense
7 Global Naval ISR Market, By Application
7.1 Introduction
7.2 Critical Infrastructure Protection
7.3 Coastal Surveillance
7.4 Disaster Relief
7.5 Search & Rescue Operation
7.6 Maritime Monitoring
7.7 Tactical Support
7.8 Other Applications
8 Global Naval ISR Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Atlas Elektronik
10.2 BAE Systems
10.3 General Dynamics Corporation
10.4 L3 Harris Technologies
10.5 Leonardo DRS
10.6 Lockheed Martin Corporation
10.7 Northrop Grumman
10.8 Raytheon
10.9 Thales Group
10.10 Ultra Electronics
List of Tables
Table 1 Global Naval ISR Market Outlook, By Region (2020-2028) ($MN)
Table 2 Global Naval ISR Market Outlook, By Vessel Type (2020-2028) ($MN)
Table 3 Global Naval ISR Market Outlook, By Underwater Vessel Intelligence Surveillance And Reconnaissance (ISR) (2020-2028) ($MN)
Table 4 Global Naval ISR Market Outlook, By Surface Vessel Intelligence Surveillance And Reconnaissance (ISR) (2020-2028) ($MN)
Table 5 Global Naval ISR Market Outlook, By Operation (2020-2028) ($MN)
Table 6 Global Naval ISR Market Outlook, By Commercial (2020-2028) ($MN)
Table 7 Global Naval ISR Market Outlook, By Defense (2020-2028) ($MN)
Table 8 Global Naval ISR Market Outlook, By Application (2020-2028) ($MN)
Table 9 Global Naval ISR Market Outlook, By Critical Infrastructure Protection (2020-2028) ($MN)
Table 10 Global Naval ISR Market Outlook, By Coastal Surveillance (2020-2028) ($MN)
Table 11 Global Naval ISR Market Outlook, By Disaster Relief (2020-2028) ($MN)
Table 12 Global Naval ISR Market Outlook, By Search & Rescue Operation (2020-2028) ($MN)
Table 13 Global Naval ISR Market Outlook, By Maritime Monitoring (2020-2028) ($MN)
Table 14 Global Naval ISR Market Outlook, By Tactical Support (2020-2028) ($MN)
Table 15 Global Naval ISR Market Outlook, By Other Applications (2020-2028) ($MN)
Table 16 North America Naval ISR Market Outlook, By Country (2020-2028) ($MN)
Table 17 North America Naval ISR Market Outlook, By Vessel Type (2020-2028) ($MN)
Table 18 North America Naval ISR Market Outlook, By Underwater Vessel Intelligence Surveillance And Reconnaissance (ISR) (2020-2028) ($MN)
Table 19 North America Naval ISR Market Outlook, By Surface Vessel Intelligence Surveillance And Reconnaissance (ISR) (2020-2028) ($MN)
Table 20 North America Naval ISR Market Outlook, By Operation (2020-2028) ($MN)
Table 21 North America Naval ISR Market Outlook, By Commercial (2020-2028) ($MN)
Table 22 North America Naval ISR Market Outlook, By Defense (2020-2028) ($MN)
Table 23 North America Naval ISR Market Outlook, By Application (2020-2028) ($MN)
Table 24 North America Naval ISR Market Outlook, By Critical Infrastructure Protection (2020-2028) ($MN)
Table 25 North America Naval ISR Market Outlook, By Coastal Surveillance (2020-2028) ($MN)
Table 26 North America Naval ISR Market Outlook, By Disaster Relief (2020-2028) ($MN)
Table 27 North America Naval ISR Market Outlook, By Search & Rescue Operation (2020-2028) ($MN)
Table 28 North America Naval ISR Market Outlook, By Maritime Monitoring (2020-2028) ($MN)
Table 29 North America Naval ISR Market Outlook, By Tactical Support (2020-2028) ($MN)
Table 30 North America Naval ISR Market Outlook, By Other Applications (2020-2028) ($MN)
Table 31 Europe Naval ISR Market Outlook, By Country (2020-2028) ($MN)
Table 32 Europe Naval ISR Market Outlook, By Vessel Type (2020-2028) ($MN)
Table 33 Europe Naval ISR Market Outlook, By Underwater Vessel Intelligence Surveillance And Reconnaissance (ISR) (2020-2028) ($MN)
Table 34 Europe Naval ISR Market Outlook, By Surface Vessel Intelligence Surveillance And Reconnaissance (ISR) (2020-2028) ($MN)
Table 35 Europe Naval ISR Market Outlook, By Operation (2020-2028) ($MN)
Table 36 Europe Naval ISR Market Outlook, By Commercial (2020-2028) ($MN)
Table 37 Europe Naval ISR Market Outlook, By Defense (2020-2028) ($MN)
Table 38 Europe Naval ISR Market Outlook, By Application (2020-2028) ($MN)
Table 39 Europe Naval ISR Market Outlook, By Critical Infrastructure Protection (2020-2028) ($MN)
Table 40 Europe Naval ISR Market Outlook, By Coastal Surveillance (2020-2028) ($MN)
Table 41 Europe Naval ISR Market Outlook, By Disaster Relief (2020-2028) ($MN)
Table 42 Europe Naval ISR Market Outlook, By Search & Rescue Operation (2020-2028) ($MN)
Table 43 Europe Naval ISR Market Outlook, By Maritime Monitoring (2020-2028) ($MN)
Table 44 Europe Naval ISR Market Outlook, By Tactical Support (2020-2028) ($MN)
Table 45 Europe Naval ISR Market Outlook, By Other Applications (2020-2028) ($MN)
Table 46 Asia Pacific Naval ISR Market Outlook, By Country (2020-2028) ($MN)
Table 47 Asia Pacific Naval ISR Market Outlook, By Vessel Type (2020-2028) ($MN)
Table 48 Asia Pacific Naval ISR Market Outlook, By Underwater Vessel Intelligence Surveillance And Reconnaissance (ISR) (2020-2028) ($MN)
Table 49 Asia Pacific Naval ISR Market Outlook, By Surface Vessel Intelligence Surveillance And Reconnaissance (ISR) (2020-2028) ($MN)
Table 50 Asia Pacific Naval ISR Market Outlook, By Operation (2020-2028) ($MN)
Table 51 Asia Pacific Naval ISR Market Outlook, By Commercial (2020-2028) ($MN)
Table 52 Asia Pacific Naval ISR Market Outlook, By Defense (2020-2028) ($MN)
Table 53 Asia Pacific Naval ISR Market Outlook, By Application (2020-2028) ($MN)
Table 54 Asia Pacific Naval ISR Market Outlook, By Critical Infrastructure Protection (2020-2028) ($MN)
Table 55 Asia Pacific Naval ISR Market Outlook, By Coastal Surveillance (2020-2028) ($MN)
Table 56 Asia Pacific Naval ISR Market Outlook, By Disaster Relief (2020-2028) ($MN)
Table 57 Asia Pacific Naval ISR Market Outlook, By Search & Rescue Operation (2020-2028) ($MN)
Table 58 Asia Pacific Naval ISR Market Outlook, By Maritime Monitoring (2020-2028) ($MN)
Table 59 Asia Pacific Naval ISR Market Outlook, By Tactical Support (2020-2028) ($MN)
Table 60 Asia Pacific Naval ISR Market Outlook, By Other Applications (2020-2028) ($MN)
Table 61 South America Naval ISR Market Outlook, By Country (2020-2028) ($MN)
Table 62 South America Naval ISR Market Outlook, By Vessel Type (2020-2028) ($MN)
Table 63 South America Naval ISR Market Outlook, By Underwater Vessel Intelligence Surveillance And Reconnaissance (ISR) (2020-2028) ($MN)
Table 64 South America Naval ISR Market Outlook, By Surface Vessel Intelligence Surveillance And Reconnaissance (ISR) (2020-2028) ($MN)
Table 65 South America Naval ISR Market Outlook, By Operation (2020-2028) ($MN)
Table 66 South America Naval ISR Market Outlook, By Commercial (2020-2028) ($MN)
Table 67 South America Naval ISR Market Outlook, By Defense (2020-2028) ($MN)
Table 68 South America Naval ISR Market Outlook, By Application (2020-2028) ($MN)
Table 69 South America Naval ISR Market Outlook, By Critical Infrastructure Protection (2020-2028) ($MN)
Table 70 South America Naval ISR Market Outlook, By Coastal Surveillance (2020-2028) ($MN)
Table 71 South America Naval ISR Market Outlook, By Disaster Relief (2020-2028) ($MN)
Table 72 South America Naval ISR Market Outlook, By Search & Rescue Operation (2020-2028) ($MN)
Table 73 South America Naval ISR Market Outlook, By Maritime Monitoring (2020-2028) ($MN)
Table 74 South America Naval ISR Market Outlook, By Tactical Support (2020-2028) ($MN)
Table 75 South America Naval ISR Market Outlook, By Other Applications (2020-2028) ($MN)
Table 76 Middle East & Africa Naval ISR Market Outlook, By Country (2020-2028) ($MN)
Table 77 Middle East & Africa Naval ISR Market Outlook, By Vessel Type (2020-2028) ($MN)
Table 78 Middle East & Africa Naval ISR Market Outlook, By Underwater Vessel Intelligence Surveillance And Reconnaissance (ISR) (2020-2028) ($MN)
Table 79 Middle East & Africa Naval ISR Market Outlook, By Surface Vessel Intelligence Surveillance And Reconnaissance (ISR) (2020-2028) ($MN)
Table 80 Middle East & Africa Naval ISR Market Outlook, By Operation (2020-2028) ($MN)
Table 81 Middle East & Africa Naval ISR Market Outlook, By Commercial (2020-2028) ($MN)
Table 82 Middle East & Africa Naval ISR Market Outlook, By Defense (2020-2028) ($MN)
Table 83 Middle East & Africa Naval ISR Market Outlook, By Application (2020-2028) ($MN)
Table 84 Middle East & Africa Naval ISR Market Outlook, By Critical Infrastructure Protection (2020-2028) ($MN)
Table 85 Middle East & Africa Naval ISR Market Outlook, By Coastal Surveillance (2020-2028) ($MN)
Table 86 Middle East & Africa Naval ISR Market Outlook, By Disaster Relief (2020-2028) ($MN)
Table 87 Middle East & Africa Naval ISR Market Outlook, By Search & Rescue Operation (2020-2028) ($MN)
Table 88 Middle East & Africa Naval ISR Market Outlook, By Maritime Monitoring (2020-2028) ($MN)
Table 89 Middle East & Africa Naval ISR Market Outlook, By Tactical Support (2020-2028) ($MN)
Table 90 Middle East & Africa Naval ISR Market Outlook, By Other Applications (2020-2028) ($MN)

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