The global airborne Intelligence, Surveillance and Reconnaissance (ISR)market size reached USD 9.53 Billion in 2020 and is expected to register a revenue CAGR of 6.4% during the forecast period, according to latest analysis by Emergen Research. Rising demand for Unmanned Aerial Vehicles (UAVs) and increasing threats of terrorist attacks are factors projected to support market revenue growth between 2021 and 2028. In addition, increasing technological advancements for better data accuracywill continue to boost revenue growth of the market going ahead.Rapid technological advancements in the defense sector are resulting in development and deployment of more innovative solutions and systems and the trend is expected to continue over the forecast period. Increasing usage of smaller unmanned surveillance systems is expected to lead to incline in demand for electronic parts and components being used inISR missions. Effective data integration combined with multi-level comparable analysis to improve accuracy of data and management is expected to open up new opportunities in the market in the near future.

Furthermore, the report provides a comprehensive analysis of the factors that are likely to bolster or impede the growth of the market in the coming years. The report considers the COVID-19 pandemic that is currently unfolding as a key market influencer. The report provides a thorough estimation of the overall impact of the pandemic on the Airborne Intelligence Surveillance and Reconnaissance market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Airborne Intelligence Surveillance and Reconnaissance market.

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 Key Players operating in the industry are:

Northrop Grumman Corporation, Lockheed Martin Corporation, Raytheon Technologies Corporation, Thales Group, Hensoldt AG, BAE Systems plc, Leonardo SPA, Saab AB, Aselsan A.Å., and L3Harris Technologies, Inc

Radical Features of the Airborne Intelligence Surveillance and Reconnaissance Market Report:

  • The report encompasses Airborne Intelligence Surveillance and Reconnaissance market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
  • An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
  • Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
  • Supply chain analysis along with technological advancements offered in the report
  • The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Airborne Intelligence Surveillance and Reconnaissance industry

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Segmentation:

  • Type Outlook (Revenue, USD Billion; 2018–2028)

    • Manned Intelligence, Surveillance and Reconnaissance (ISR)
    • Unmanned Intelligence, Surveillance and Reconnaissance (ISR)

  • Offerings Outlook (Revenue, USD Billion; 2018–2028)

    • Solutions
    • Systems
    • Services

  • Platform Outlook (Revenue, USD Billion; 2018–2028)

Regional Analysis Covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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