According to Emergen Research's most recent analysis, the global airborne Intelligence, Surveillance, and Reconnaissance (ISR) market had a value of USD 9.53 billion in 2020 and is projected to grow at a CAGR of 6.4%. Between 2021 and 2028, rising terrorism risks and demand for unmanned aerial vehicles (UAVs) are expected to drive global revenue growth. Future market revenue development will also be boosted by growing technology advancements for greater data accuracy. Over the projected period, it is anticipated that the defence sector's rapid technological breakthroughs will lead to the development and deployment of even more cutting-edge systems and solutions.

This report on the Airborne Intelligence, Surveillance and Reconnaissance Market is the result of in-depth primary and secondary research, as well as qualitative and quantitative analysis of important market segments. The clever information is also endorsed and confirmed by industry professionals. The purpose of the research is to offer more information on the overall market environment for the Airborne Intelligence, Surveillance and Reconnaissance industry.

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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

The leading market contenders listed in the report are:

Northrop Grumman Corporation, Lockheed Martin Corporation, Raytheon Technologies Corporation, Thales Group, Hensoldt AG, BAE Systems plc, Leonardo SPA, Saab AB, Aselsan A.Å., and L3Harris Technologies, Inc

Target Audience of the Global Airborne Intelligence Surveillance and Reconnaissance Market Report:

  • Key Market Players
  • Investors
  • Venture capitalists
  • Small- and medium-sized and large enterprises
  • Third-party knowledge providers
  • Value-Added Resellers (VARs)
  • Global market producers, distributors, traders, and suppliers
  • Research organizations, consulting companies, and various alliances interested in this sector
  • Government bodies, independent regulatory authorities, and policymakers

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Major Geographies Analyzed in the Report:

  • North America (U.S., Canada)
  • Europe (U.K., 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 & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Market Segmentations of the Airborne Intelligence Surveillance and Reconnaissance Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2021 and 2028. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Airborne Intelligence Surveillance and Reconnaissance market on the basis of product, application, and region:

Segments Covered in this report are:

  • Type Outlook (Revenue, USD Billion; 2018–2028)
    • Manned Intelligence, Surveillance and Reconnaissance (ISR)
    • Unmanned Intelligence, Surveillance and Reconnaissance (ISR)
  • Offerings Outlook (Revenue, USD Billion; 2018–2028)
    • Solutions
    • Systems
    • Services
  • Platform Outlook (Revenue, USD Billion; 2018–2028)

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Some Key Highlights from the Report

  • Unmanned Intelligence, Surveillance and Reconnaissance (ISR) segment is expected to register fastest revenue CAGR during the forecast period. Unmanned systems include Remotely Piloted Air Systems (RPAS), wherein an Unmanned Aerial Vehicle (UAV) is commanded by pilots remotely. An Unmanned Aerial System (UAS) can alternatively be an autonomously operated UAV and, more frequently, a semi-autonomous UAV. Unmanned systems provide monitoring solutions by combining Traffic Alert and Collision Avoidance System (TCAS), transponders, terrain awareness, distance measuring devices, and Automatic Dependent Surveillance-Broadcast (ADS–B) into a unified and streamlined component that delivers unmatched operational performance and reliability.
  • Homeland security segment is expected to register a significantly robust revenue growth rate over the forecast period due to rising demand for airborne ISR systems for police and homeland security applications.
  • North America is expected to account for largest revenue share in the airborne Intelligence, Surveillance and Reconnaissance (ISR) market over the forecast period due to robust presence of leading market players including Northrop Grumman Corporation, Lockheed Martin Corporation, and Raytheon Technologies Corporation, among others, in countries in the region.

Additional information offered by the report:

  • Along with a complete overview of the global Airborne Intelligence Surveillance and Reconnaissance market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
  • The report elaborates on the global Airborne Intelligence Surveillance and Reconnaissance market size and share governed by the major geographies.
  • It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
  • It further presents a detailed description of the company profiles of the key market contenders.

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