Press release
2025-2034 Airborne ISR Market Outlook: Key Drivers, Emerging Challenges, and Strategic Insights
Airborne ISR
What Will the Airborne ISR Industry Market Size Be by 2025?
The market size of airborne ISR has been experiencing robust growth in the past few years. It is projected to rise from $29.72 billion in 2024 to $31.78 billion in 2025, with a compound annual growth rate (CAGR) of 6.9%. This growth during the historical period is credited to factors like military conflicts, escalating geopolitical tensions, increased defense budgets, the threat of terrorism, and government initiatives.
What's the Long-Term Growth Forecast for the Airborne ISR Market Size Through 2029?
It is anticipated that the market size for airborne ISR will experience substantial expansion in the coming years. The market is projected to escalate to $41.62 billion by 2029, with a compound annual growth rate of 7.0%. This advance during the forecast period can be credited to factors such as the necessity for continued surveillance, economic development, environmental supervision, and increased military modernization. Key trends for this forecast period consist of miniaturization and micro UAVs, autonomous and AI-supported systems, hyperspectral and multispectral imaging, space-based ISR, as well as data combination and integration.
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What Are the Key Growth Drivers Fueling the Airborne ISR Market Expansion?
The escalating risk of terrorist incidents is likely to fuel the need for airborne ISR in the market. Terrorism is defined as the act of inflicting fear on a populace by a set of individuals to further a political agenda. With the rise of terrorist activities worldwide, there's an expected surge in demand for airborne ISR. Governments and diverse security organizations are making significant investments in sophisticated systems to anticipate and eliminate potential terror threats, thus fostering tranquility and unity. For instance, as per the Institute for Economics and Peace, an Australian Think Tank, in March 2023, the lethal impact of terrorist attacks increased in 2022, resulting in an average of 1.7 deaths per incident, as compared to 1.3 deaths in 2021. Thus, the escalating danger of terrorist activities is likely to enhance the demand for airborne ISR systems and software in the upcoming period.
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What Are the Key Trends Driving Airborne ISR Market Growth?
Technological innovation is emerging as a primary trend in the airborne ISR market. Prominent companies within this market are focusing on delivering cutting-edge solutions to cater to rapidly escalating end-user needs, thereby bolstering their global market stand. The incorporation of future-ready airborne ISR systems and software technologies like AI, big data analytics, robotics, satellite systems, evidence reporting, geothermal reporting, quantum technology, among others into their services is a strategical move by these companies. Their aim is to gather data pertaining to the adversary's capabilities, maneuvers, and actions. For example, in July 2024, Viasat Inc., a communication firm based in the US, introduced Air-IQ. Air-IQ heightens military situational comprehension by equipping users with dependable, real-time data for expeditious and informed decision-making during combat. With its potent ISR connectivity, it offers a comprehensive, all-encompassing view of the battlefield, giving military staff a critical edge at the most crucial moments and locations. This feature mitigates risk, enhances mission accomplishment, and complies with the strictest security protocols.
How Is the Airborne ISR Market Segmented?
The airborne isr market covered in this report is segmented -
1) By Solution: Systems, Software, Services
2) By Platform: Military Aircraft, Military Helicopters, Unmanned Systems
3) By Application: Search and Rescue Operations, Border and Maritime Patrol, Target Acquisition and Tracking, Critical Infrastructure Protection, Tactical Support, Others
4) By End User: Defense, Homeland Security
Subsegments:
1) By Systems: Airborne Sensor Systems, Unmanned Aerial Systems (UAS), Manned Aircraft Systems, Data Link Systems, Ground Control Stations
2) By Software: ISR Data Processing Software, Mission Planning Software, Analysis and Visualization Software, Sensor Fusion Software, Data Management and Storage Software
3) By Services: ISR Training and Support Services, Maintenance and Repair Services, Mission Planning and Execution Services, Data Analysis and Interpretation Services, Consultancy Services for ISR Operations
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Which Companies Are Leading the Charge in Airborne ISR Market Innovation?
Major companies operating in the airborne isr market include Raytheon Technologies Corporation, Lockheed Martin Corporation, BAE Systems plc, Northrop Grumman Corporation, L3Harris Technologies Inc., General Atomics Aeronautical Systems Inc., The Boeing Company, Elbit Systems Ltd., Textron Inc., Thales Group, Leonardo S.p.A., Safran Group, Kratos Defense & Security Solutions Inc., Israel Aerospace Industries Ltd., Leidos Holdings Inc., FLIR Systems Inc., Airbus SE, General Dynamics Corporation, Rheinmetall AG, Mercury Systems Inc., AeroVironment Inc., PAL Aerospace Ltd., Israel Military Industries Ltd., Sierra Nevada Corporation, Insitu Inc., Esterline Technologies Corporation, Curtiss-Wright Corporation, RADA Electronic Industries Ltd., Top Aces Inc., CACI International Inc.
Which Regions Are Leading the Global Airborne ISR Market in Revenue?
North America was the largest region in the airborne ISR market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the airborne isr market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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• About you –…
