Global Airborne Intelligence Surveillance and Reconnaissance Market 2017-2021
Overview of the global airborne intelligence, surveillance, and reconnaissance (ISR) market
Technavio’s market research analyst predicts the global airborne intelligence, surveillance, and reconnaissance (ISR) market to grow at a CAGR of almost 4% by 2021. Some of the major defense contractors across the globe are modernizing the existing airborne ISR systems such as MPA, special mission aircraft, and UAVs to enhance their vigilance systems that can gather information and help improve the combat readiness of the battalions. At present, there have been high investments in ISR payloads by developed countries such as the US and Japan to increase their border security, military intelligence, and surveillance. Countries worldwide are focusing on acquiring UAV remote sensors primarily due to changes in military missions, that includes a shift to net-centric warfare, growing low-intensity conflicts, and reduced tolerance to life losses.
One of the latest trends gaining traction in this market is the advent of advanced airborne radars. Raytheon has come up with a new model of Boeing P-8A Poseidon MPA which would be installed with a long-range and high-resolution surveillance radar. Under the AAS project, the vendor will develop a new design of the P-8A aircraft to conduct aerodynamic and structural tests of the AAS radar pod, which is an advanced prototype of the APS-149 LSRS. The AAS is incorporated with a double-sided AESA technology, which offers wide-area surveillance of land and sea areas and automatically detects moving targets and missiles. It can also deliver high-resolution imagery of surface areas from a long distance even in harsh climatic conditions, which could prohibit the use of EO/IR imaging.
Competitive landscape and key vendors
The global airborne ISR market is highly competitive with all the players competing to gain the maximum market share. cost, product quality, reliability, and aftermarket service are important factors that aid key vendors to gain a competitive edge over their regional counterparts. BAE Systems, L-3 Communications, Lockheed Martin, Northrop Grumman, and UTC Aerospace Systems are the top five major companies in the market, who focus on the adoption of lightweight materials, electric technologies, and robust systems.
Leading vendors in the market are -
- BAE Systems
- L-3 Communications
- Lockheed Martin
- Northrop Grumman
- UTC Aerospace Systems
Other prominent vendors in the airborne ISR market include Boeing, General Dynamics, Raytheon, Rockwell Collins, and Thales.
Segmentation by type and analysis of the airborne ISR market
- Unmanned ISR
- Manned ISR
The unmanned ISR segment occupies the largest share in the market and will continue its dominance over the predicted period. This segment is significantly driven by the advancement in sensor technology, consequently strengthening the potential of multi-sensor EO targeting pods that include thermographic sensors, laser spot detectors, target laser range finders, and low-light television cameras. Several nations across the world like the US, Russia, China, Japan, and India are making massive investments in the development and procurement of next-generation airborne ISR platforms, which can strengthen their security and surveillance capabilities.
Geographical segmentation and analysis of the airborne ISR market
The Americas dominates the airborne ISR market where North America is the key revenue generators to the market. The US DoD initiated several aircraft and UAV programs, such as E-2C Hawkeye/E-2D Advanced Hawkeye, Boeing P-8A Poseidon, RQ-11 Raven, MQ-1B Predator, MQ-1C Gray Eagle, MQ-9 Reaper, and E-3 Sentry airborne warning and control system (AWACS), which have boosted the growth of the market in the region. These aircraft and UAVs are deployed to provide ISR solutions. With the US being the largest spender in the military aerospace sector globally, the airborne ISR market in the Americas will witness massive developments in the coming years.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global airborne ISR market?
- What are the key market trends impacting the growth of the global airborne ISR market?
- What are the challenges to market growth?
- Who are the key vendors in the global airborne ISR market?
- What are the market opportunities and threats faced by the vendors in the global airborne ISR market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global airborne ISR market?
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