Airborne ISR Market by Component (Hardware and Software), Application (Communication, Surveillance, and Reconnaissance & Intelligence), Platform (Aircraft, Helicopters, and UAVs), End Use (Military and Homeland Security): Global Market Size Estimates and Forecast (2019-2030)

The market is expected to cross US$ 6.1 billion in 2022 and is projected to hit US$ 10.21 billion by 2030, recording a CAGR of 5.8% during the forecast period.

Development of Next Generation ISR Systems to Drive the Market Growth.

The demand for ISR systems for deployment into airborne platforms. The market vendors are majorly focusing on the development of next generation surveillance systems for deployment across different airborne platforms. The market demand such as deployment of long range ISR systems across unmanned aerial platforms is one of the major factors pushing the market vendors to develop innovative solutions to cater to growing market demands and remain consistent in the highly competitive market. Also, the vendors are collaboratively working with several government authorities for the development of next-gen ISR systems for different armed forces. For instance, recently in September 2022, L3Harris Technologies and Raytheon Technologies Corporation won a contract worth US$ 18 million from the US army for the development of 2^nd phase of next-generation airborne intelligence, surveillance, and reconnaissance (ISR) program, HADES. Such developments are expected to propel the demand for airborne ISR systems globally.

Military segment is expected to dominate the market in 2022. This is owing to the rise in number of airborne platforms across different armed forces. The rise in procurement of military aircraft, helicopters, and UAVs is pushing the demand for ISR systems across the military segment.

Within the report, the market is segmented into component, application, platform, end use, and geography. By component, the market is segmented into hardware and software. Based on technology, the market is segmented into communication, surveillance, and reconnaissance & intelligence. Based on platform, the market is segmented into aircraft, helicopter, and UAVs. Based on end use, the market is bifurcated into military and homeland security. Geographically, the market is sub-segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.

Deployment of UAVs to Provide Future Opportunities for Market Vendors During the Forecast Period.

The increasing deployment of UAVs across military forces is one of the major factors that is expected to generate huge opportunities for market vendors during the forecast period. Majority of the defense forces worldwide are pushing their abilities to work with unmanned system technologies. This is propelling the demand for UAVs for different military operations such as information gathering & intelligence, surveillance of targeted sights, and reconnaissance operations. Further the rising military expenditure for the procurement of UAV based ISR technologies is one of the major factors driving the airborne ISR market growth globally.

Deployment of Search Radars to Support the Airborne ISR Market Growth.

The deployment of search radars across different military platforms such as ground, naval and airborne is one of the major factors behind the expansion of airborne ISR systems globally. Different armed forces are investing heavily in the procurement and deployment of radars specially in the high-tension and remote locations. These radars provide support to process the signals to ISR systems deployed across different airborne platforms.

The rising tensions across different countries such as India-China, India-Pakistan, Russia-Ukraine, US-Russia, US-China and the rising concerns for national security due to ongoing war between Russia and Ukraine are some of the other factors generating the demand for airborne ISR systems across UAV and aircraft platform which is driving the market growth.

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Recent Strategic Developments in Airborne ISR Market

The airborne ISR market has undergone several significant developments, and a few of these have been mentioned below:

• In May 2022, L3Harris Technologies integrated and rapidly deployed its Airborne Reconnaissance and Electronic Warfare System (ARES) in support of U.S. Army missions in the U.S. Indo-Pacific Command (USINDOPACOM) area.
• In January 2020, Huntington Ingalls won a contract worth US$ 954 million for the supply of airborne intelligence, surveillance, and reconnaissance (ISR) for European and African deployed US Air Forces.
• In January 2021, the Indian Army signed a contract worth US$ 20 million for undisclosed quantities of a high-altitude variant of ideaForge's SWITCH UAVs.

The airborne ISR market is driven by several players by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. L3Harris Technologies Inc., BAE Systems Plc, Elbit Systems Ltd., Honeywell International Inc., Israel Aerospace Industries (IAI), Raytheon Technologies Corporation, Northrop Grumman Corporation, Thales Group, Leonardo SpA, and Lockheed Martin Corporation are among the prominent players operating in the market.

Target audience for the report:

• Aircraft surveillance sensors manufacturers
• Aircraft ISR pod manufacturers
• Airborne radar manufacturers
• Helicopter ISR system manufacturers
• UAV ISR system manufacturers
• Airborne Early Warning and Control (AEW&C) system manufacturers
• Government, aviation, and defense related associations, organizations, forums, and alliances
• Government bodies, such as regulating authorities and policy makers
• Venture capitalists, private equity firms, and start-up companies
• Research institutes, organizations, and consulting companies

Scope of the report:

In this report, the market has been segmented on the basis of:

• Component:
  • Hardware
  • Software
• Application:
  • Communication
  • Surveillance
  • Reconnaissance & Intelligence
• Platform
  • Aircraft
  • Helicopters
  • UAVs
• End Use
  • Military
  • Homeland Security
• Region
  • North America
    • US
    • Canada
    • Mexico
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa
  • South America
• Companies profiled
  • L3Harris Technologies Inc.
  • BAE Systems Plc
  • Elbit Systems Ltd.
  • Honeywell International Inc.
  • Israel Aerospace Industries (IAI)