Military UAV Sensor Market 2023 - Revenue, Applications and Key Players Like AeroVironment, Raytheon Company, TE Connectivity, Honeywell International Inc, Elbit Systems and Others

Market Scenario:

A senor is a module that detects changes in its environment and sends such information to the computer processor. A sensor is always used with other electronics and very often used in daily life electronics like a touch sensitive elevator, or a lamp with a touch sensitive base to dim or brighten the light. Alternatively, sensors are also used in unmanned aerial vehicles (UAVs) to track and detect many changes in the environment surrounding the aerial vehicle.

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Rise in the military UAVs has caused a consequential proliferation of growth in the military UAV sensor market in the recent years. Many countries around the world have started investing heavily in the adoption of military UAVs to not only safeguard themselves, but also to hold their authoritative position among other countries. Due to this, there is an exponential rise in the demand for advanced UAV sensors around the globe. According to the latest report published by the MRFR, the military UAV market is expected to register a 6% CAGR during the review period.

Segmental Analysis:

The global military UAV sensor market has been segmented by Market Research Future to conduct specific and intricate analysis. The market has been segmented on the basis of UAV type, sensor type, technology type, application, and region. Based on UAV type, the military UAV sensor market has been segmented into high altitude long endurance (HALE), medium altitude long endurance, tactical, and small. The high-altitude long endurance (HALE) segment is currently boasting the largest market share. Furthermore, it is also expected to hold the same dominance due to enhanced flying capacity and high endurance.

Based on sensor type, the market has been segmented into radar sensor, image sensor, and motion & position sensor. Adoption of radar sensors in various applications has enabled the radar segment to hold the largest share in the global military UAV sensor market. Such domination can also be attributed to a radar sensor’s unique application in aerospace and navigation.

On the basis of technology type, the military UAV sensor market has been segmented into complementary metal oxide semiconductor (CMOS), micro-electro-mechanical systems (MEMS), and nano-electro-mechanical-systems (NEMS). The MEMS segment is anticipated to hold the largest market share because it comprises the pressure sensor, gyroscope, biosensor, and accelerometer for guidance, navigation, as well as, control of the unmanned aerial vehicle. Furthermore, high navigation sensitivity, and less power consumption are further propelling the demand for MEMS as it makes UAVs applicable in extremely demanding environments as well.

Based on application the market has been segmented into collision avoidance, navigation 3D scanner, data acquisition, and LiDAR. The navigation segment is expected to garner largest market share owing to a rise in the usage of inertial sensors in the architecture of unmanned aerial vehicles.

Detailed Regional Analysis:

The military UAV sensor market has been regionally segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. High deployment in the UAVs in military application has enabled North America to lead the global market during the assessment period. Asia Pacific is estimated to record high growth during the forecast period, following North America, owing to an expanding electronics industry and increased investment in the research & development by many organizations.

Key Players:

Some of the prominent players in the military UAV sensor market include TE Connectivity (Switzerland), Raytheon Company (U.S.), Thales Group (France), Lockheed Martin (U.S.), AeroVironment (U.S.), General Atomics (U.S.), FLIR Systems (U.S.), Elbit Systems (Israel), Kratos Defense & Security Solutions (U.S.), Northrop Grumman Corporation (U.S.), Honeywell International Inc. (U.S.), and Safran Electronics & Defense (France).

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This release was published on openPR.