Global Airborne Intelligence Surveillance and Reconnaissance Market to Grow at a CAGR of 3.88% During the Period 2017-2021; Finds New Report
Market Research Reports, Inc. has announced the addition of “Global Airborne Intelligence Surveillance and Reconnaissance Market 2017 - 2021” research report to their website www.MarketResearchReports.com
Lewes, DE -- (SBWire) -- 12/13/2016 --Report forecast the global airborne ISR market to grow at a CAGR of 3.88% during the period 2017-2021.
Airborne intelligence, surveillance, and reconnaissance (ISR) is a crucial factor in conducting military and security operations. Defense authorities invest heavily in ISR systems to enhance national security as well as extract data from potential enemies. The airborne ISR systems collect the information from the targeted regions and pass it to the intelligence personnel, who formulate the battle plans or necessary actions. ISR integrates the intelligence process with surveillance, target acquisition, and reconnaissance tasks that assist in improving the situational awareness of the defense forces.
The report covers the present scenario and the growth prospects of the global airborne ISR market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of airborne ISR systems.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
According to the report, owing to the growing possibilities of terrorist attacks through sea routes and increased illegal dealings in mid-oceans, it has become increasingly important for countries to enhance their vigilance systems that can gather information from these regions and help improve the combat readiness of the battalions. Many countries are in the process of augmenting their maritime security capabilities to ensure that hostile and illegal infiltration do not take place in their territories. At the same time, major defense contractors are enhancing or modernizing the existing airborne ISR systems (such as MPA, special mission aircraft, and UAVs) to cater to the global defense and security needs.
Further, the report states that rising investments and R&D have increased the complexity in the operation of modern radar systems. The modern cruise missiles are hard to detect due to the reduced radar cross-sections of their aerodynamic designs. It is also becoming difficult to provide protection against cruise and guided missiles. Thus, current radar technologies must be improved to counter such threats. In addition, other prominent technical threats include unstable propagation of radio waves, stringent data encryption laws, and limited use of spectrum.
Global Airborne ISR Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the global airborne ISR market: BAE Systems, L-3 Communications, Lockheed Martin, Northrop Grumman, and UTC Aerospace Systems
Other Prominent Vendors in the market are: Boeing, General Dynamics, Raytheon, Rockwell Collins, and Thales
Market driver
- Focus on surveillance via unmanned systems
- For a full, detailed list, view our report
Market challenge
- Issues related to unstructured data
- For a full, detailed list, view our report
Market trend
- Transition toward en route command and control
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 68 pages and 34 Exhibits "Global Airborne Intelligence Surveillance and Reconnaissance Market 2017 - 2021" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by type, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.
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