CHICAGO, Aug. 3, 2021 /PRNewswire/ -- According to a
research report "Airborne ISR Market by Solution
(Systems, Software, Service), End User (Military Aircrafts,
Military Helicopters, Unmanned Systems), End User (Defense,
Homeland Security), Application, Region – Forecast 2026",
published by MarketsandMarkets™, the Airborne ISR market size is
estimated to be valued at USD 9.9
billion in 2021. It is projected to reach USD 12.8 billion by 2025, recording a CAGR of
5.1% in terms of value. The market is driven by factors such as the
rising demand for phased array radars for better operational
efficiency during air surveillance, border surveillance, and
commercial applications. The airborne ISR market is growing at a
significant rate across the world, and a similar trend is expected
to be observed during the forecast period. The rising demand of
UAVs for airborne ISR applications, increasing procurement of
Airborne ISR systems due to growing transnational and regional
instability, increasing use airborne ISR based geological surveying
for scientific research purposes, rapid advancement in artificial
intelligence, big data analytics, and robotics technologies are
fueling the growth of the airborne ISR market.
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The Airborne ISR market is being driven by the increased
adoption of advanced combat warfare systems to gain an advantage
over enemy forces and the increasing defense expenditure of various
countries. Industry players are undertaking R&D activities that
focus on improving the capability of these radar to perform in
all-weather conditions and provide support in commercial as well as
defense operations, such as long-range surveillance, search &
rescue, drug interdiction, counterterrorism, and maritime
environmental support, among others. Along with this, an increase
in the usage of UAV systems and the need for ground surveillance
and communication act as key driving factors for the Airborne ISR
market.
Based on solution, the systems segment is projected to lead
the airborne ISR market from 2021 to 2026
Development and procurement of modern airborne ISR systems, such
as targeting and surveillance systems and communication systems,
for various applications is driving the demand for the airborne ISR
market globally. In February 2019, US
border security agencies started using targeting and surveillance
systems upon aerostats on the US-Mexico border which are
particularly good at detecting low-flying aircraft, such as the
ones drug smugglers use, because their radar isn't blocked by hilly
terrain the way ground-based radar can be. Newer, smaller versions
can fly closer to the ground and carry radar that can better
identify people.
Based on end user, defense segment is anticipated to register
the highest growth from 2021 to 2026
In the defense end user segment, airborne ISR systems have used
the department of defense intelligence agencies and other
government applications. Airborne ISR systems function as a data
grid that collects critical information from various sensors, such
as radar, sonar, and electro-optic, which are installed on various
airborne platforms. In May 2021, the
US Department of Defense awarded a combined USD 950 million multiple award contracts with a
firm-fixed-price task order to a total of 22 different companies
which include key players like L3 Harris Communications Integrated
Systems, Leidos, MAG Aero, Meta Special Aerospace, Northrop Grumman
Systems Corp., Textron Corp., etc. Contractors will provide various
Foreign Military Sales (FMS) customers engineering assessments,
procurement of intelligence, surveillance and reconnaissance (ISR)
sensors and related equipment, integration of ISR sensors into
non-standard aircraft, and contractor logistics support for
non-standard aircraft with ISR sensors.
Browse in-depth TOC on "Airborne ISR
Market"
230 – Tables
47 – Figures
260 – Pages
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Based on platform, unmanned systems segment is anticipated to
register the highest growth from 2021 to 2026
Unmanned systems include Remotely Piloted Air Systems (RPAS) in
which the unmanned aerial vehicles (UAV) is controlled by a 'pilot'
using a radio data link from a remote location. UAS can also
include an autonomously controlled UAV or, more likely, a
semi-autonomous UAV. Unmanned systems offer surveillance solutions
by integrating TCAS, Terrain Awareness, Transponders, Distance
Measuring Equipment and ADS-B into a single simplified unit that
provides unmeasured tactical performance and safety. 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. These
will be used by soldiers to conduct battlefield reconnaissance and
provide their units with a greater level of security.
North America is projected
to lead the airborne ISR market from 2021 to 2026
Significant investments in R&D activities for the
development of advanced ISR solutions by key players and increased
demand for precision and accurate ISR systems are some of the
factors expected to fuel the growth of the airborne ISR market in
this region. The US is expected to drive the growth of the North
American airborne ISR market during the forecast period, owing to
easy access to various innovative technologies and significant
investments being made by manufacturers in the country for the
development of improved military ISR and geospatial monitoring
systems. Several developments have taken place in the field of
airborne ISR in the region. For instance, in January 2020, Telephonics Corporation (US)
successfully developed and tested its MOSAIC Active Electronically
Scanned Array (AESA) surveillance radar system with the US Navy's
MH-60S helicopter. The MOSAIC AESA surveillance radar is capable of
performing continuous scheduled Inverse Synthetic Aperture Radar
(ISAR) imaging tasks while simultaneously conducting surveillance,
detection, and tracking operations.
This report includes a study on the marketing and development
strategies, along with the product portfolios of leading companies.
It consists of profiles of leading companies, such as Lockheed
Martin Corporation (US), Northrop Grumman Corporation (US), Thales
Group (France), Hensoldt AG
(Germany), Leonardo SPA
(Italy), BAE Systems (UK), Israel
Aerospace Industries (Israel),
Saab AB (Sweden), Aselsan
(Turkey), Elbit Systems
(Israel), and L3Harris
Technologies (US).
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