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.
In this age of global terrorism, constant vigilance is necessary to always remain one step of nefarious elements in society. Nations across the world have taken this extremely seriously and are doing all they can to improve their surveillance and reconnaissance capabilities, cuts in defense budgets notwithstanding. Over the next decade or so, nations such as the U.S., China, Russia, and India are expected to modernize or entirely replace their airborne intelligence surveillance and reconnaissance equipment. This is primarily because of their intrinsic defense requirements coupled with the airborne intelligence surveillance and reconnaissance equipment market being flooded with customization options, technological upgrades, and alternative purchase models.
The Global Airborne Intelligence Surveillance & Reconnaissance Market touched xxx million USD with a CAGR xx % from 2015-2019 around the world. In the future, it is predicted to reach xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
As the report focuses on global Airborne Intelligence Surveillance & Reconnaissance Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
BAE Systems
L-3 Communications
Lockheed Martin
Northrop Grumman
UTC Aerospace Systems
In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Unmanned ISR
Manned ISR
In Market segmentation by applications :
Border Security
Military Intelligence
Surveillance
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Airborne Intelligence Surveillance & Reconnaissance Market for the forecast period 2020 - 2026?
• What are the driving forces in the Airborne Intelligence Surveillance & Reconnaissance Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Airborne Intelligence Surveillance & Reconnaissance industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?