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Airborne Surveillance Market worth $8.18 billion by 2030, growing at a CAGR of 6.68% - Exclusive Report by 360iResearch

02-05-2024 11:30 AM CET | Logistics & Transport

Press release from: 360iResearch

Airborne Surveillance Market | 360iResearch

Airborne Surveillance Market | 360iResearch

The "Airborne Surveillance Market by Type (Imaging System, LiDAR, Radar), Product (Manned System, Unmanned System), Application - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Airborne Surveillance Market to grow from USD 5.20 billion in 2023 to USD 8.18 billion by 2030, at a CAGR of 6.68%.

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Airborne surveillance refers to the use of airborne platforms, such as manned aircraft, unmanned aerial vehicles (UAVs), or balloons equipped with surveillance technology, to monitor and gather data on various activities or changes in the environment over large areas. These systems include cameras, radars, sensors, and other monitoring equipment to capture real-time imagery and information for military, security, and civil applications. The increasing need for enhanced situational awareness in military operations, the rising demand for border and maritime patrol, and advancements in UAV technology further drive the expansion. Integrating artificial intelligence and machine learning for better data analysis also propels growth, alongside government agencies' higher adoption of these systems for disaster management and emergency response. However, several challenges, such as stringent regulations concerning the use of airspace and UAVs, can limit deployment, while concerns over privacy and data security pose further hurdles. The high cost associated with developing and maintaining airborne surveillance systems and the need for skilled personnel to operate sophisticated equipment also present significant challenges. Opportunities within the airborne surveillance market include the expansion of the commercial sector's use of aerial monitoring for applications such as agriculture, infrastructure inspection, and environmental conservation. Moreover, key players are expected to focus on advancements in sensor capabilities and data analytics that enhance system efficacy and open new growth avenues.

Market Segmentation & Coverage:

This research report categorizes the Airborne Surveillance Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Type, market is studied across Imaging System, LiDAR, and Radar. The Radar is projected to witness significant market share during forecast period.

Based on Product, market is studied across Manned System and Unmanned System. The Manned System is further studied across Aircraft and Helicopter. The Unmanned System is further studied across Balloons or Aerostats and Unmanned Aerial Vehicle or Unmanned Aircraft Systems. The Unmanned Aerial Vehicle or Unmanned Aircraft Systems is further studied across Drone, Fixed Wing, Rotary Wing, and Vertical Take-Off and Landing. The Unmanned System is projected to witness significant market share during forecast period.

Based on Application, market is studied across Commercial, Delivery & Logistics, Education, Healthcare, and Military, Defense, & Security. The Commercial is further studied across Agriculture & Forestry, Engineering, Surveying, & Mapping, Exploration, Inspection & Monitoring, and Insurance. The Military, Defense, & Security is further studied across Border Surveillance, ISR & Targeting, Law Enforcement, and Search & Rescue. The Education is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.41% in 2023, followed by Europe, Middle East & Africa.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Airborne Surveillance Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Airborne Surveillance Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Airborne Surveillance Market, highlighting leading vendors and their innovative profiles. These include Airbus SE, BAE Systems PLC, Elbit Systems Ltd., Hanwha Systems Co., Ltd., Honeywell International Inc., Israel Aerospace Industries Ltd., L3Harris Technologies, Inc., Leica Geosystems AG by Hexagon AB, Leidos, Inc., Leonardo S.p.A, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Saab Group, Safran S.A., Teledyne FLIR LLC, Textron Inc., Thales Group, The Boeing Company, and Zhejiang Dahua Technology Co., Ltd.

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Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Airborne Surveillance Market, by Type
7. Airborne Surveillance Market, by Product
8. Airborne Surveillance Market, by Application
9. Americas Airborne Surveillance Market
10. Asia-Pacific Airborne Surveillance Market
11. Europe, Middle East & Africa Airborne Surveillance Market
12. Competitive Landscape
13. Competitive Portfolio
14. Appendix

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Airborne Surveillance Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Airborne Surveillance Market?
3. What is the competitive strategic window for opportunities in the Airborne Surveillance Market?
4. What are the technology trends and regulatory frameworks in the Airborne Surveillance Market?
5. What is the market share of the leading vendors in the Airborne Surveillance Market?
6. What modes and strategic moves are considered suitable for entering the Airborne Surveillance Market?

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Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

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