Press release
Airborne Sensors Market Projected Expansion to $14.5+ Billion Market Value by 2030 CAGR of 5.3% from 2022 to 2030
Allied Market Research published a report, titled, "Airborne Sensors Market by Type (Non-Scanning, Scanning), by Application (Defence Aircraft, Commercial Aircraft, Others): Global Opportunity Analysis and Industry Forecast, 2021-2030." According to the report, the global airborne sensors industry generated $9.2 billion in 2021, and is estimated to generate $14.5 billion by 2030, witnessing a CAGR of 5.3% from 2022 to 2030.Drivers and Opportunities
Increase in international terrorism threats and surge in defense & military budgets to strengthen national security in developing and developed countries drive the growth of the global airborne sensors market. In addition, product development & innovations, technological advancements, and rise in R&D investments present new opportunities in the coming years.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ (228 ๐๐๐ ๐๐ฌ ๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐๐ก๐๐ซ๐ญ๐ฌ, ๐๐๐๐ฅ๐๐ฌ, ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ) ๐๐ญ https://www.alliedmarketresearch.com/request-sample/16877
The non-scanning segment to maintain its lead position throughout the forecast period
Based on type, the non-scanning segment contributed the highest share in 2021, accounting for more than three-fifths of the global airborne sensors market, and is expected to maintain its lead position throughout the forecast period. This is due to technological advancements and the availability of different classes of airborne sensors such as gliders, seaplanes, and kites. However, the scanning segment is projected to witness the largest CAGR of 5.5% from 2022 to 2030. This is due to benefits such as high resolution imagery, its suitability in rescue operations, and the need of small area for operation.
๐๐ก๐ ๐๐๐๐๐ง๐๐ ๐๐ข๐ซ๐๐ซ๐๐๐ญ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐๐๐ ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐
Based on application, the defence aircraft segment contributed the highest market share in 2021, accounting for more than two-fifths of the global airborne sensors market, and is expected to maintain its lead position throughout the forecast period.
Moreover, this segment is expected to witness the fastest CAGR of 5.7% from 2022 to 2030. This is due to increase in R&D activities and rise in budgets by defense and military organizations. The report also analyzes the segments including commercial aircraft and others.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐ ๐ฐ๐ข๐ญ๐ก ๐๐๐ญ๐ข๐จ๐ง๐๐๐ฅ๐ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ฒ & ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ก๐๐ซ๐ ๐๐ญ https://www.alliedmarketresearch.com/purchase-enquiry/16877
North America to maintain its dominance in terms of revenue by 2030
Based on region, North America accounted for the highest market share in terms of revenue in 2021, holding more than one-fourth of the global airborne sensors market, and is expected to maintain its dominance in terms of revenue by 2030. This is due to rise in public spending on imaging software and integration of smart sensing technologies by leading tech companies such as Uber and Tesla for development of self-driving cars.
However, Asia-Pacific is estimated to register the fastest CAGR of 5.9% during the forecast period, owing to surge in demand for improved technologies in radars, electro-optics/infrared (EO/IR) sensors, and others. In addition, the development of next-generation aircrafts and increase in defense contracts supplement the market growth.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐ญ https://www.alliedmarketresearch.com/request-for-customization/16877
Leading Market Players
Hexagon
Thales Group
Raytheon Technologies
Lockheed Martin Corporation
information systems laboratories
teledyne optech
General Dynamics Corporation
Honeywell International Inc.
ITT Inc.
AVT Airborne Sensing GmbH
๐๐ฎ๐ฒ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! https://www.alliedmarketresearch.com/checkout-final/e9b57917fc99ea3c7f10690ae491a30a
๐๐๐ฒ ๐ ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ญ๐ฎ๐๐ฒ
On the basis of type, the non-scanning sub-segment emerged as the global leader in 2021 and is anticipated to be the largest market during the forecast period.
On the basis of application, the defense aircraft sub-segment emerged as the global leader in 2021 and is anticipated to be the largest market during the forecast period.
On the basis of region, Asia-Pacific is projected to have the fastest growing market during the forecast period.
๐๐๐ฒ ๐๐๐ง๐๐๐ข๐ญ๐ฌ ๐ ๐จ๐ซ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the airborne sensors market analysis from 2021 to 2030 to identify the prevailing airborne sensors market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the airborne sensors market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global airborne sensors market trends, key players, market segments, application areas, and market growth strategies.
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐- https://www.alliedmarketresearch.com/airborne-sensors-market-A16504
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ ๐๐๐ฏ๐ ๐จ๐ง ๐๐๐ซ๐จ๐ฌ๐ฉ๐๐๐ ๐๐ง๐ ๐๐๐๐๐ง๐๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
๐๐ข๐ซ๐๐ซ๐๐๐ญ ๐๐๐ญ๐ฎ๐๐ญ๐จ๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/aviation-actuator-system-market
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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