Global Airborne Intelligence Surveillance and Reconnaissance (ISR) Strategic Business Report 2023: Increasing Demand for Unmanned Applications of ISR Driving Growth

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Jun 12, 2023, 14:15 ET

DUBLIN, June 12, 2023 /PRNewswire/ -- The "Airborne Intelligence Surveillance and Reconnaissance (ISR): Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Airborne Intelligence Surveillance and Reconnaissance (ISR) estimated at US$21.5 Billion in the year 2022, is projected to reach a revised size of US$33.4 Billion by 2030, growing at a CAGR of 5.7% over the analysis period 2022-2030.

Systems, one of the segments analyzed in the report, is projected to record a 6.1% CAGR and reach US$21.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Software segment is readjusted to a revised 5.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $8.5 Billion, While China is Forecast to Grow at 7.1% CAGR

The Airborne Intelligence Surveillance and Reconnaissance (ISR) market in the U.S. is estimated at US$8.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.6 Billion by the year 2030 trailing a CAGR of 7.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 5.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.6 Billion by the year 2030.

Select Competitors (Total 66 Featured) -

Airbus SE
BAE Systems PLC
CACI International, Inc.
Elbit Systems Ltd.
Hensoldt AG
L3Harris Technologies, Inc.
Leonardo SPA
Lockheed Martin Corporation
Northrop Grumman Corporation
Raytheon Technologies Corporation
Saab AB
Textron, Inc.
Thales Group
The Boeing Company

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

The Race Between the Virus & Vaccines Intensifies. Amidst this Chaotic Battle, Where is the World Economy Headed in 2021?
Progress on Vaccinations: Why Should Businesses Care?
With IMF's Upward Revision of Global GDP Forecasts for 2021, Most Companies Are Bullish about an Economic Comeback Despite a Continuing Pandemic
A Strong Yet Exceedingly Patchy & Uncertain Recovery Shaped by New Variants Comes Into Play: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
Easing Unemployment Levels in 2021 Although Moderate Will Infuse Hope for Industries Reliant on Consumer Discretionary Incomes: Global Number of Unemployed People (In Million) for Years 2019, 2020, 2021, and 2022
Pandemic Affects the Military & Defense Sector
Global Defense & Related Technologies Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
Disruptions in Military Training Inflicts Direct Blow on Airborne Intelligence Surveillance and Reconnaissance Market
Infection Spread Disrupts Military Personnel Training & Troop Deployment: Cumulative Number of COVID-19 Cases Across the Defense Department in the U.S. in May, June, September & November 2020
Airborne Intelligence Surveillance and Reconnaissance (ISR) - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
An Introduction to Airborne Intelligence Surveillance and Reconnaissance (ISR)
Global Market Prospects & Outlook
Global Airborne Intelligence Surveillance and Reconnaissance Market by Solution (2021 & 2027): Percentage Breakdown of Revenues for Systems, Solutions, and Service
Global Airborne Intelligence Surveillance and Reconnaissance Market by Platform Type (2021 & 2027): Percentage Breakdown of Revenues for Sea, Air, Space, and Land
Analysis by Application
Global Airborne Intelligence Surveillance and Reconnaissance Market by Application (2021 & 2027): Percentage Breakdown of Revenues for Unmanned, and Manned
Regional Analysis
Developed Regions Account for Major Share of World Airborne Intelligence Surveillance and Reconnaissance Market: Percentage Breakdown of Revenues for Developed and Developing Regions (2021 & 2027)
Global Market for Airborne Intelligence Surveillance and Reconnaissance - Geographic Regions Ranked by % CAGR (Revenues) for 2020-2027: China, Asia-Pacific, Latin America, Middle East, Africa, Canada, USA, Europe, and Japan
Why Improving the ISR Systems is Necessary for the US?
Competitive Scenario
Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Latest Trends in the Global ISR Market
Reshaping the Future of Airborne ISR
Airborne ISR Benefiting from Rapid Automation and Multi-mission Features
Manned vs Unmanned ISR
Unmanned ISR is the Future in Military Setup
Unmanned ISR: A Force Multiplier Rising Prominently
Increasing Demand for Unmanned Applications of ISR Driving Growth in UAVs Market
Growing Use of Unmanned Aerial Systems (UAS) in Assorted Military Applications Fuels Growth
Rising Demand for Military Unmanned Vehicles
COVID-19 Crisis Impacts Military UAV Spending in 2020
Japan Defense Budgets: A Pre & Post COVID-19 Comparison (In US$ Billion)
UK Defense Budget: A Pre & Post COVID-19 Comparison (In US$ Billion)
Security Concerns to Drive Future Military UAV Deployments
Rising Adoption of High Capability Unmanned Vehicles Favors Growth
Global Market for Military Drones (In US$ Billion) for the Years 2018, 2020, 2022 and 2024
UAVs to Solidify Role in Border Security Programs Bodes Well
High Altitude Platforms Hold Potential for Use in Diverse Applications
World High Altitude Platforms Market by Payload (2021): Percentage Breakdown of Revenues for Communication, Surveillance, Navigation, and EO/IR Systems
Integration of Automatic Dependent Surveillance Broadcast (ADS-B) into Drones: A Move to Enhance Safety
Number of Countries Worldwide Using Drones/UAVs by Type for the Years 2010 & 2020
Defense Spending Levels Influence Growth in Airborne Intelligence, Surveillance, and Reconnaissance Systems Market
Global Military Spending (in US$ Billion) for the Years 2015 through 2023F
Top Countries with Military Spending in USD Billion: 2019 and 2020
Geopolitical Conflicts & Quest for Military Supremacy Widen the Business Case
Military Expenditure as a % of GDP in Select Countries: 2020
Need to Upgrade Anti-Terrorism & Counter-Insurgency Departments to Drive Market Expansion
Number of Terrorist Attacks Worldwide for the Period 2011-2019
Continued Threat of Terrorism Drives the Focus on Surveillance as Counterterrorism Response: Global Number of Fatalities Due to Terrorist Attacks: 2012-2019
Soldier Modernization Initiatives Augur Well for the Manned ISR Market Growth
Global Soldier Modernization Market Size (in US$ Billion) for 2018, 2021, 2024 & 2027
ADS-B Technology Holds Tremendous Potential in Military Applications
US Military Aircraft: % of Aircraft Equipped with ADS-B Unit (As of 2019)
US Military Aircraft: Projected Number of Aircraft Equipped with ADS-B Unit by 2025
Driving Communications Technology to Suit Modern Requirements in Times of Globalization
The US Air Force Intends to Take Decisive Advantage with ISR
Testing High-Altitude Airborne ISR

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/eljqs0

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