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Airborne ISR Market 2027 Top Players, Key Statistics and Business Development Opportunity

03-25-2021 07:10 PM CET | Associations & Organizations

Press release from: Allied Market Research

Airborne ISR Market

Airborne ISR Market

Airborne intelligence, surveillance and reconnaissance (ISR) are used for collecting information regarding the intruder’s strength, movements, and activities. Airborne intelligence surveillance & reconnaissance are defense operations that consist of a wide variety of systems coupled with advanced technologies for acquiring and processing the information required by national security decision-makers or military commanders. All kinds of information are gathered with the help of the ISR systems, which are then operated by secret intelligence. Airborne ISR performs the tasks of identification, recording, capturing, analyzing, and reporting. The airborne intelligence, surveillance and reconnaissance (ISR) market is likely to grow moderately due to increase in use of airborne ISR and more countries adopting this technology for securing the borders. Increase in adoption of airborne intelligence surveillance & reconnaissance software drives the global airborne ISR market growth during the forecast period.


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Regions covered
North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Russia, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), LAMEA (Latin America, the Middle East, and Africa)

Companies covered
BAE Systems plc, L-3 Technologies Inc., Lockheed Martin Corporation, Northrop Grumman Corporation, UTC Aerospace Systems, The Boeing Co., General Dynamics Corporation, Raytheon Company, Rockwell Collins Inc., and Thales S.A.

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Top impacting factors: market scenario analysis, trends, drivers and impact analysis
Some of the factors that boost increase in demand for a variety of ISR techniques and equipment and the growth in adoption of the ISR technology for securing their borders are expected to spur the demand during the forecast period. However, the high cost associated with airborne intelligence surveillance & reconnaissance maintenance is anticipated to hamper the growth of the market. Furthermore, rise in integration of android and iOS-based devices has emerged as lucrative opportunities for the market during the forecast period.

The airborne ISR market trends are as follows:

Increase in demand for a variety of ISR techniques and equipment
There has been an increase in demand for intelligence, surveillance, reconnaissance (ISR) techniques and equipment by the defense sector globally, owing to their use in several battlefield functions and to assist a combat force by employing its sensor data while analyzing the gathered information, which drives the growth of the global airborne intelligence surveillance & reconnaissance market. In addition, favorable government initiatives to improve airborne intelligence surveillance & reconnaissance across the globe are expected to fuel the market growth during the forecast period.

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Increase in adoption of the ISR technology for securing their borders
The rapid technological developments are breeding disruptive technologies in the defense industry. Increase in use of small unmanned systems for surveillance is further expected to generate demand for electronic components used in intelligence, surveillance and reconnaissance (ISR) missions. Moreover, the airborne ISR market is expected to grow moderately, as the usage of ISR is increasing and more countries are adopting the ISR technology for securing their borders. Hence, increase in awareness for the intelligence, surveillance and reconnaissance (ISR) technology is tremendously driving the market growth and is expected to further develop more during the forecast period.

Contact:
David Correa
Portland, OR, United States
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About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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