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Unattended Ground Sensors Market Trending Factors and Booming Strategy Analysis By : Associates, Inc., Domo Tactical Communications, Elbit Systems Ltd, L3Harris Technologies, Inc. - 2025

01-18-2022 10:57 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Competitive Analysis

The Key Players in the Global Unattended Ground Sensors Market are Applied Research, Leonardo SpA (Italy), Lockheed Martin Corporation (US), Raytheon Company (US), Textron Inc. (US), Thales Group (France), and Northrop Grumman Corporation (US).

Overview

Unattended Ground Sensors Market is expected to reach USD 533.4 Million by 2025 at a CAGR of 4.71% during the forecast period of 2019 to 2025. The changing nature of warfare, terrorism, geopolitical issues and rising insurgency across the globe are the factors driving the growth of the market.

However, the operational issues associated with UGS are expected to restrain the market growth during the forecast period.

To Understand How COVID-19 Impact is Covered in this Report. Get Free Sample Copy of the report at @ https://www.marketresearchfuture.com/sample_request/6156

Segmental Analysis

The Global Unattended Ground Sensors Market has been segmented based on Sensor Type, Deployment, and End User.

Based on sensor type, the unattended ground sensors market has been segmented into seismic, acoustic, magnetic, and infrared. The seismic segment dominated the market with a valuation of USD 198.8 Million in 2018 and is expected to reach USD 265.4 Million by 2025. A seismic sensor can detect and classify intruders on foot and vehicles. This sensor also provides a dynamic physical variable related to the movement. The acoustic segment is expected to register the highest CAGR of 5.55% during the forecast period.

On the basis of deployment, the global unattended ground sensors market has been classified as air-delivered and hand-emplaced. The hand-emplaced segment led the market with a value of USD 303.9 million in 2018. These sensors are largely used as an intrusion detection system for government facilities, military bases, and commercial facilities. Hand-emplaced sensors can be buried or hidden around such facilities. The air-delivered segment is expected to exhibit a higher CAGR of 5.95% during the forecast period.

By the end-user, the global unattended ground sensors market has been divided into security and critical infrastructure. The security segment was larger with a value of USD 332.1 Million in 2018 and is projected to reach USD 448.7 Million by 2025. This growth can be attributed to the increasing use of UGS for military and public security applications. The critical infrastructure segment is expected to register a higher CAGR of 6.55% during the forecast period.

Regional Analysis

The geographic analysis of the Global Unattended Ground Sensors Market covers North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America.

North America led the market with a valuation of USD 174.6 Million in 2018 and the regional market is expected to reach USD 226.9 Million by 2025 at a CAGR of 3.81% during the forecast period. This can be attributed to the presence of major manufacturers such as Lockheed Martin Corporation and Northrop Grumman Corporation in the region.

Europe was the second-largest market with a valuation of USD 104 Million in 2018; the European market is projected to exceed USD 144 Million by 2025 at a 4.76% CAGR. Market growth in the region is driven by terrorist incidents and the influx of illegal immigrants from countries such as Syria, Iraq, and Libya.

Key Developments

In September 2019, Elbit Systems Ltd announced the establishment of a new company Elbit Systems Switzerland AG to offer enhanced services to customers in Europe and establish its position in the European defense market.
In April 2018, Thales Group inaugurated its new office in Bengaluru, India, to strengthen its supply chain network and expand its customer base in the Indian market.
In March 2017, Applied Research launched Pathfinder, a UGS that offers various capabilities such as long detection range and point detection capability. The launch of the product has helped the company to establish its position in the global unattended ground sensors market.

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Contact:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. MRFR’s approach combines the proprietary information with various data sources to give an extensive understanding to the client about the latest key developments, expected events and also about what action to take based on these aspects.

Our fast growing industry research firm is backed by a proficient team of research analysts that offers valuable analytics and data with respect to technological and economical advancements. Our deemed analysts perform industrial visits and procure the relevant information from prominent market players. Our key objective is to keep our clients abridged of the potential opportunities and challenges in different markets. We provide step-by-step assistance to our respected clients, via strategic and consulting services to reach a managerial and actionable decision.

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