Global Naval ISR Market 2017-2021

Overview of the global naval ISR market

Technavio’s naval ISR market analysis predicts that the global naval intelligence, surveillance, and reconnaissance (ISR) market will post a CAGR of above 3% during the forecast period. The rising production of submarines is one of the primary drivers for naval ISR market growth. Submarines presently are manufactured with improved stealth and endurance abilities leading to better functionality for a large range of missions. The evolving underground warfare techniques have resulted in a strong need for the development of sophisticated navigational and radar systems for these submarines. Moreover, the rapid technical enhancements in naval warfare, will substitute the existent fleet of submarines with powerful and lethal ones. Changes include improvements in submarines that are targeted at enhancing submerged endurance, stealth, underwater weapon (torpedo), sensor and communication systems. In addition, improvements in processing technologies are foreseen to lead to the development of large virtual arrays, advancements in submarine detection capabilities, and the move to low frequency multi-static sonar, which will compel submarines to adopt noise-cancellation on a pulse-by-pulse basis. Such technological advancements will increase the need for submarines equipped with such features, which in turn, will augment the naval ISR market growth prospects in the future.