With 4.8% CAGR, Airborne ISR Market Growth to Surpass USD 15.6 billion

The airborne ISR market is projected to grow from USD 12.4 Billion in 2022 to USD 15.6 Billion by 2027, at a CAGR of 4.8% from 2022 to 2027. Airborne ISR is an integral part of the defense industry. The deployment of small, reliable, and sophisticated airborne ISR systems in various applications has increased global demand. Advancements in ISR technologies and their manufacturing techniques have reduced these systems' costs.

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With increasing national security threats, defense organizations of different countries are introducing various programs to maintain and enhance their airborne ISR capabilities. For instance, the US Navy and the US Department of Defense (DoD) are implementing impressive improvements to airborne surveillance capabilities. Their new Multi-Mission Maritime Aircraft, Broad Area Maritime Surveillance Unmanned Aerial Vehicle (UAV), Aerial Common Sensor, upgrades to the Global Hawk, Predator UAVs, and E-2C aircraft will provide information to significantly enhance the air, ground, sea-surface, and subsurface pictures.

Based on end user, the airborne ISR market is segmented into defense and homeland security. The defense segment is estimated to account for the largest share of the airborne ISR market in 2021. Airborne ISR systems assist in effectively managing military assets by enhancing situational awareness of events taking place on battlefields. Effective airborne ISR systems help prevent hostilities, strengthen environmental security, and protect critical infrastructure, borders, and coastlines. The defense segment is expected to lead the market during the forecast period due to the growing demand for border surveillance and situational awareness among defense forces and increased user of UAVs by them.

Based on application, the airborne ISR market has been segmented into search and rescue operations, border and maritime patrol, target acquisition and tracking, critical infrastructure protection, and tactical support. The airborne ISR systems' main objective is to improve situational awareness of battlefield situations by using advanced surveillance, reconnaissance, and communication technologies. These systems provide access to the global information grid of shared data and information. ISR systems are a networked array of airborne sensors that enable real-time detecting and tracking of movements of enemy vehicles, troops, and other important assets that need monitoring. . The target acquisition and tracking segment is expected to lead the market during the forecasted period. These systems are designed to process specialized communication protocols from tactical and national intelligence systems.

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The regions considered for the airborne ISR market are North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. North America is estimated to account for the largest market share in 2021, whereas Asia Pacific is projected to witness the highest CAGR during the forecast period. The US and Canada are key countries for market analysis in North America. This region is expected to lead the market from 2022 to 2027, owing to increased investments in airborne ISR technologies by countries in this region. Defense forces of countries in the North American region are involved in the development of technologically advanced unmanned EW systems. Some of the well-established and prominent manufacturers of airborne ISR systems present in this region include Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), L3Harris Technologies, Inc. (US), and Raytheon Technologies Corporation (US).

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