The global airborne Intelligence, Surveillance and Reconnaissance (ISR) market size reached USD 9.53 Billion in 2020 and is expected to register a revenue CAGR of 6.4% during the forecast period, according to latest analysis by Emergen Research. Rising demand for Unmanned Aerial Vehicles (UAVs) and increasing threats of terrorist attacks are factors projected to support market revenue growth between 2021 and 2028. In addition, increasing technological advancements for better data accuracy will continue to boost revenue growth of the market going ahead. Rapid technological advancements in the defense sector are resulting in development and deployment of more innovative solutions and systems and the trend is expected to continue over the forecast period.
The latest report on the ISR market offers detailed information about the industry based on the total revenue generated for the forecast period, 2020 - 2028. The comprehensive study performs an in-depth analysis of the ISR industry and lays immense emphasis on the major driving forces and restraints expected to govern the overall business for the forecast period, 2020 - 202. Most importantly, researchers assessing the business environment take a closer look at the past and present trends as well as the future prospect to offer business owners, stakeholders and field marketing executives an intellectual understanding of the winning strategies.
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The report also discusses the key players involved in the market such as Northrop Grumman Corporation, Lockheed Martin Corporation, Raytheon Technologies Corporation, Thales Group, Hensoldt AG, BAE Systems plc, Leonardo SPA, Saab AB, Aselsan A.S., and L3Harris Technologies, Inc.
In addition, the study on the ISR market for the forecast period, 2020 – 2027 quantifies the share occupied by the prominent players of the industry and enlightens the business owners from the fast-growing investment pockets and competitive landscape. Furthermore, the industry is classified into various segments with a detailed assessment of each and every aspect such as gross margin, profits, import and export status and others. All vital statistics are presented with the help of charts, tables and graphic images, which can be easily incorporated into any business presentation.
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Key insights presented in the report:
Market revenue shares by major business players, by type, by application, and market scope of global ISR market
Sales revenue by key players and new entrants
Competitive analysis of the key players including aspects such as company overview, product or services specification, vendors, and buyers.
Recent mergers, acquisitions, product launches, recent investments, and joint ventures
Regional analysis to provide insight to recent trends and opportunities
ISR Market segmentation
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)
Helicopters
Aircraft
Unmanned Systems
Application Outlook (Revenue, USD Billion; 2018–2028)
Maritime Patrol Border Security
Rescue Operations
Tracking Target Acquisition
Tactical Support
Infrastructure Protection
Homeland Security Missions
Others
End-Use Outlook (Revenue, USD Billion; 2018–2028)
Homeland Security
Defense
In market segmentation by geographical regions, the report has analysed the following regions-
North America (U.S.) (Canada) (Mexico)
Europe (Germany) (UK) (France) (BENELUX) (Rest of Europe)
Asia Pacific (China) (Japan) (South Korea) (Rest of APAC)
Latin America (Brazil) (Rest of LATAM)
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The market intelligence report further offers hard to find data derived from attractiveness analysis that narrates a lot about the products, regions and applications expected to generate more revenue. The research contains the details about the latest events in the ISR market including but not limited to the product launches, acquisition and mergers, collaborations and technology advancements with an aim to help business evangelists, product owners and marketing personnel understand what the future demands, customer preferences, consumption volume, production capacity and supply chain management of the ISR market will be like.
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