Enjoy complimentary customisation on priority with our Enterprise License!
The airborne ISR market share is expected to increase by USD 6.83 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 5.83%.
This airborne ISR market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers airborne ISR market segmentation by platform (unmanned airborne ISR and manned airborne ISR) and geography (North America, APAC, Europe, MEA, and South America). The airborne ISR market report also offers information on several market vendors, including Airbus SE, BAE Systems Plc, General Atomics, Kratos Defense, and Security Solutions Inc., L3Harris Technologies Inc., Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Technologies Corp., Teledyne FLIR LLC, and The Boeing Co. among others.
Download the Free Report Sample to Unlock the Airborne ISR Market Size for the Forecast Period and Other Important Statistics
Based on our research output, there has been a negative impact on the market growth during and post-COVID-19 era. The increased demand for UAVs in military applications is notably driving the airborne ISR market growth, although factors such as stringent regulatory barriers in adopting new technologies and equipment may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the airborne ISR market industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Airborne ISR Market Driver
One of the major market growth drivers in the global airborne ISR market is the increased demand for UAVs in military applications. The popularity of UAVs is increasing in military applications. The UAVs are small in size, cost-effective, and provide reliable solutions ideal for military applications when compared with manned ISR aircraft. They are also equipped with a broad range of components such as airframe, navigation system, autopilot, engine, sensor package, and communication system. Many countries are focusing on the advancement of UAVs and trying to incorporate them into their military base to strengthen their military operations. China is planning to procure more than 41,800 UAVs before 2023, which is valued at about $10.5 billion. Such large adoption of UAV will greatly drive the adoption of airborne ISR during the forecast period.
Key Airborne ISR Market Trend
The significant market trend in the global airborne ISR market is the increasing integration of Android and iOS-based devices. The Android and iOS operating systems have become crucial tools for increasing the situational awareness of military troops. In the concurrent asymmetrical warfare environment, military forces are inclined toward deploying small combat units instead of large military forces. Therefore, it is necessary to communicate effectively between the small deployed troops to maintain operational harmony in the war zone. Such devices increase the situational awareness of the military bases and troops and are predominantly employed in military mobilization network integration evaluation (NIE) and the software engineering directorate (SED) mobile applications. The iOS- or Android-based devices ensure the effective use of text messaging, video, and mapping technology, as well as assist the troops in determining the locations of their own troops and opponent.
Key Airborne ISR Market Challenge
The major market challenge in the global airborne ISR market is the stringent regulatory barriers to adopting new technologies and equipment. There are many vendors simultaneously working with government agencies and the department of defense in various countries. Therefore, it has become obligatory for airborne ISR manufacturers to adhere to stringent regulations at the federal, state, and local levels. The manufacturers are facing a delay in the procurement of airborne ISR aircraft from the government. In September 2016, India put a hold on the purchase of the two ISTAR aircraft from Raytheon due to internal conflicts between the IAF and DRDO. Such delays in procurement and stringent regulatory obligation pose a greater challenge for airborne ISR manufacturers.
This airborne ISR market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Technavio categorizes the global airborne ISR market as a part of the global aerospace and defense market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the airborne ISR market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the airborne ISR market encompasses successful business strategies deployed by the key vendors. The airborne ISR market is fragmented and the vendors are deploying growth strategies such as boosting profitability by practicing efficient production techniques that minimize production costs and mitigate associated risks. to compete in the market.
To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The airborne ISR market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the airborne ISR market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The value chain of the global aerospace and defense market includes the following core components:
The report has further elucidated other innovative approaches being followed by manufacturers to ensure a sustainable market presence.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Platform
6 Customer landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.