Rising demand for drones and growing threat of terrorist attacks are some of the key factors driving the market revenue growth
VANCOUVER, BC, CANADA, March 11, 2022 /EINPresswire.com/ — Rising demand for drones and growing threat of terrorist attacks are among the key factors driving market revenue growth
The Airborne Intelligence, Surveillance and Reconnaissance (ISR) market size reached $9.53 billion in 2020 and is expected to register a revenue CAGR of 6.4% during the forecast period, according to the latest analysis from Emergen Research. Rising demand for Unmanned Aerial Vehicles (UAV) and increasing threats of terrorist attacks are factors that are expected to support the market revenue growth between 2021 and 2028. Additionally, increasing technological advancements for better accuracy of data will continue to drive market revenue growth in the future. Rapid technological advancements in the defense industry are driving the development and deployment of more innovative solutions and systems and the trend is expected to continue during the forecast period. The increasing use of small unmanned surveillance systems is expected to increase the demand for electronic parts and components used in ISR missions. Efficient data integration combined with multi-level comparable analysis to improve data accuracy and management is expected to open new opportunities in the market in the near future.
The report offers a comprehensive overview of the market along with details on market size, market share, revenue growth, and major companies. The report covers all the crucial and essential information related to the global Airborne Intelligence Surveillance and Reconnaissance Market to help readers, investors, and customers to gain thorough understanding of the market and invest accordingly. Various advanced statistical tools like SWOT analysis or Porter’s five forces are used in the report.
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The main objective of the report is to offer market overview, product scope, growth prospects and risks. The report also offers detailed information about each player in the global Airborne Intelligence Surveillance and Reconnaissance market along with its global position, financial condition, product launch, business expansion plans, among others. Market players are focused on developing various strategies such as partnerships, mergers and acquisitions, joint ventures, product launches, and research and development investments.
Companies Featured in the Global Airborne Intelligence Surveillance and Reconnaissance Market:
Northrop Grumman Corporation, Lockheed Martin Corporation, Raytheon Technologies Corporation, Thales Group, Hensoldt AG, BAE Systems plc, Leonardo SPA, Saab AB, Aselsan AS and L3Harris Technologies, Inc.
The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region and presence. of key players in the region.
Emergen Research has segmented Global Airborne Intelligence, Surveillance, and Reconnaissance (ISR) on the basis of Type, Offerings, Platform, Application, End Use, and Region:
Type Outlook (Revenue, USD Billion; 2018-2028)
Manned Intelligence, Surveillance and Reconnaissance (ISR)
Unmanned Intelligence, Surveillance and Reconnaissance (ISR)
Bids Outlook (Revenue, USD Billion; 2018-2028)
Platform Outlook (Revenue, USD Billion; 2018-2028)
Application Outlook (Revenue, USD Billion; 2018-2028)
Maritime patrol and border security
Tracking and target acquisition
Internal security missions
End-Use Outlook (Revenue, USD Billion; 2018-2028)
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The significant driving forces shaping the future of the Airborne Intelligence Surveillance and Reconnaissance Market for the forecast period 2021-2028 find special mention in the study and are supported by real-time statistics. In-depth industry segmentation by type, application, classification, and geography provides impetus for increasing sales figures and improving business prospects, alongside barriers that often limit industry growth. Furthermore, market bifurcation on the basis of consumption volume, customer preference, end-user, and production capacity is explained by substantial resources including graphs, graphic images, and tables.
The regional analysis covers:
North America (USA, Canada)
Europe (UK, Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)
Key Features of the Airborne Intelligence Surveillance and Reconnaissance Market report:
The report provides details about key drivers, restraints, opportunities, challenges, growth prospects, limitations and threats.
The report contains details of key companies, product portfolio along with specifications, production valuation and market shares.
Assessment of key current and emerging market trends and growth prospects
It also offers research-based estimations for the eight-year forecast period, mainly to estimate the potential growth of the market.
Brief overview of the industry as it relates to research and development, technological advancements, and product development
In-depth assessment of upstream raw materials, downstream buyers, demands and current market scenario
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