According to Stratistics MRC, the Global Airborne Intelligence Surveillance and Reconnaissance (ISR) Market is accounted for $21,756.1 million in 2017 and is expected to reach $34,986.9 million by 2026 growing at a CAGR of 5.4% during the forecast period.
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Growing application of ISR by government agencies, increased acquisitions of UAVs, rising integration of Android and iOS-based devices are some of the factors fueling the market growth. However, complexity of data sets and issues associated with maritime surveillance radar are hampering the market growth.
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Airborne ISR is used for assembling information about the intruder’s strength, movements and activities. It is used to perform the tasks of identification, recording, capturing, analyzing and reporting. All kinds of Information are collected with the help of the ISR systems, which are then performed by secret intelligence.
Based on Platform Type, sea segment holds the significant market share during the forecast period. Due to these Unmanned vehicles are reliable, smaller in size, and cost-effective. It also afford on-board sensors such as LASER, SAR, IMU, and GPS. By geography, North America holds the largest market share during the forecast period. The United States Air Force currently flies MQ-9 Reaper, MQ-1 Predator, and RQ-4 Global Hawk drones remotely using US pilots to navigate from a ground control station.
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Some of the key players profiled in the Airborne Intelligence Surveillance and Reconnaissance (ISR) Market include The Boeing Company, BAE Systems PLC, L3 Technologies Inc., Kratos Defense & Security Solutions Inc., Thales Raytheon Systems, Elbit Systems Ltd, Harris Corporation, General Dynamics, CACI International Inc., Northrop Grumman Corporation, Lockheed Martin Corporation, UTC Aerospace Systems, FLIR Systems Inc., Airbus and General Atomics.
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Platform Types Covered:
• Air
• Space
• Land
• Sea
Systems Covered:
• Maritime Petrol
• Electronic Warfare
• Airborne Early Warning and Control (AEWC)
• Airborne Ground Surveillance (AGS)
• Signals Intelligence (SIGINT)
Types Covered:
• Surveillance
• Reconnaissance
• Intelligence
Fuel Types Covered:
• Hydrogen Fuel-Cells
• Solar Powered
• Alternate Fuel
• Battery Operated
• Gas-Electric Hybrids
Applications Covered:
• Manned Intelligence Surveillance and Reconnaissance (ISR)
• Unmanned Intelligence Surveillance and Reconnaissance (ISR)
Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
Website: https://www.strategymrc.com
Source URL: https://marketersmedia.com/airborne-isr-market-size-share-report-analysis-trends-forecast-to-2026/466134
Source: MarketersMedia
Release ID: 466134
