Modernization of Reconnaissance Equipment by Defense Forces of Several Countries Presents Opportunities
, 2022-12-22 17:15:00,
DUBLIN, Dec. 22, 2022 /PRNewswire/ — The “Airborne ISR Market by Solution (Systems, Software, Services), Platform (Military Aircraft, Military Helicopters, Unmanned Systems), End-user (Defense, Homeland Security), Application and Region- Global Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering.
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.
The airborne ISR market has been growing significantly across the globe, and this growth is also expected to continue during the forecast period. The major drivers for the market’s growth include rising demand for UAVs for airborne ISR applications and advancements in artificial intelligence, big data analytics, and robotics used in patrol and fighter aircraft for ISR.
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, tactical support, and others. The repeated incidents of terrorist infiltration through borders and sea lines are also anticipated to emerge as a major factor driving the deployment of maritime and border security systems over the forecast period.
Based on the platform, the airborne ISR market is segmented into military aircraft, military helicopters, and unmanned systems. The unmanned systems segment is projected to register the highest CAGR during the…
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