Global Airborne Intelligence Surveillance & Reconnaissance Industry Assessment & Opportunity Forecast till 2022

Market Research Report Search Engine (MRRSE) recently announced the addition of a new research study to its comprehensive collection of research reports. The research report, titled “Global Market Study on Airborne Intelligence Surveillance & Reconnaissance: Unmanned ISR to Account for Maximum Revenue and Grow Fastest” offers a detailed analysis of the market providing insights into the market dynamics that are expected to influence the overall market positively in the next few years. Furthermore, the product segmentation, drivers, barriers, key geographical segments, and the competitive scenario of the global Airborne Intelligence Surveillance & Reconnaissance Market have been elaborated upon in the research report.

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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 airborne intelligence surveillance and reconnaissance equipment market is poised to be worth slightly under US$ 30 billion in end 2022.

Unmanned ISR Far More Popular Than Manned ISR

Unmanned ISR had a revenue share greater than two-thirds in the airborne intelligence surveillance and reconnaissance equipment market by aircraft type segment in 2017 and are on track to gain market share going forward. Unmanned ISR’s are preferred over their manned counterparts because they are far safer and have minimal risk to human life. The unmanned ISR segment in the airborne intelligence surveillance and reconnaissance equipment market is assessed to have a value of almost US$ 20 billion at the end of the forecast period. Manned ISR account for the balance revenue share in the airborne intelligence surveillance and reconnaissance equipment market and are predicted to lose share at the expense of unmanned ISR’s. North America has a large contribution in the airborne intelligence surveillance and reconnaissance equipment market and companies are advised to focus on the US as it has a huge defense budget and should continue to remain the preeminent military spender.

Battery-Operated Equipment to Race Ahead of Others

The battery operated segment had a revenue share greater than a third in the airborne intelligence surveillance and reconnaissance equipment market but is projected to lose market share during the course of the forecast period. An absolute dollar opportunity of approx. US$ 2.3 billion is waiting to be tapped in the battery-operated segment of the airborne intelligence surveillance and reconnaissance equipment market. The hydrogen fuel cell segment accounted for a revenue share of a little over one fifth in the airborne intelligence surveillance and reconnaissance equipment market by fuel type segment. Additional R&D and investment in hydrogen technology are anticipated to make this fuel source increasingly important in the days ahead.

Actionable Intelligence Assists Decision Making

The airborne intelligence surveillance and reconnaissance market report is a study that has focused on providing a global perspective with actionable acumen on a number of factors that impact the airborne intelligence surveillance and reconnaissance market. This is only made possible by way of statistical analysis and verified data points. The report delivers an unbiased view of the airborne intelligence surveillance and reconnaissance market with the help of segmental analysis across diverse geographic regions such as Europe, Latin America, and APEJ.

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The airborne intelligence surveillance and reconnaissance market report has given adequate weightage to numbers, graphs, and statistical data all of which lead to a clear market definition, allowing the reader to make informed decisions. Recent developmental trends, product innovations, diversification in product portfolios and information related to M&A activity give a holistic view of the airborne intelligence surveillance and reconnaissance market. Therefore, the reader is armed with all the requisite tools to formulate strategies that strengthen their competitive position in the airborne intelligence surveillance and reconnaissance market.

Competition Analysis Included in the Report

The airborne intelligence surveillance and reconnaissance market report has a dedicated competitive landscape section that covers company market share, growth strategies, revenue, portfolio evaluation, distribution channels, marketing strategies, pricing analysis etc. of the key stakeholders. Studying the immediate competition in an easy-to-understand SWOT analysis can help both new entrants as well as incumbents gain a competitive advantage in the long run.

Report Highlights

Market segmentation and analysis with emphasis on both emerging and developed economies
Historical data compared and contrasted with the expected growth in the airborne intelligence surveillance and reconnaissance market over forecast period
Competitive landscape with profiles of all major players in the airborne intelligence surveillance and reconnaissance market
Unbiased view of the airborne intelligence surveillance and reconnaissance market taking into account all data projections
Accurate research report prepared only by referring to authoritative source materials such as trade journals, company reports, governmental body publications etc.
Weighted analysis that serves the market segment in question

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This release was published on openPR.