Global Airborne Surveillance Market, By Type (LiDAR, RADAR, Imaging System), Product Type (Manned Systems, Unmanned System), Application (Military, Defense and Security, Commercial), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
The airborne surveillance market is expected to witness market growth at a rate of 4.95% in the forecast period of 2022 to 2029. Data Bridge Market Research report on airborne surveillance market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand for the product for various industrial applications globally is escalating the growth of airborne surveillance market.
Airborne surveillance refers to the type of surveillance utilized for improving national security and territorial integrity, and promoting strategies that help to effectively complete operations and ensure long-term availability of the system. The technology is majorly used in military, inspection, engineering, defence, protection and surveillance, among others.
The demand for UAVS in commercial applications across the globe acts as one of the major factors driving the growth of airborne surveillance market. The presence of amendments in laws leading to increase in the use of UAVS and drones, and internet of things (IoT) leading to increase in the applications of drones accelerate the market growth. The availability of low-cost UAVS in abundance and growing demand for UAVS in commercial applications and rise in interest and funding toward UAVS further influence the market. Additionally, shift toward digitalized manufacturing, rapid urbanization, and presence of stringent passenger safety regulations and rapid technological advancements positively affect the airborne surveillance market. Furthermore, use of enhanced batteries to increase the flying time of UAVS extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
On the other hand, high cost associated with the LiDAR and difficulties with air traffic management expected to obstruct the market growth. Possible violation of human privacy and lack of skilled pilots are projected to challenge the airborne surveillance market in the forecast period of 2022-2029.
This airborne surveillance market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info airborne surveillance market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Airborne Surveillance Market Scope and Market Size
The airborne surveillance market is segmented on the basis of type, product type and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the airborne surveillance market is segmented into LiDAR, RADAR and imaging system.
- On the basis of product type, the airborne surveillance market is segmented into manned systems and unmanned systems. Manned systems are sub-segmented into helicopter and aircraft. Unmanned systems are sub-segmented into UAV/UAS and balloons/aerostats. UAV/UAS is further segmented into fixed wing, rotary wing, drones and vtols.
- On the basis of application, the airborne surveillance market is segmented into military, defense and security and commercial. Military, defense and security is sub-segmented into ISR and targeting, search and rescue, law enforcement and border surveillance. Commercial is sub-segmented into engineering, surveying, and mapping, inspection and monitoring, agriculture and forestry, exploration, insurance and others.
Airborne Surveillance Market Country Level Analysis
The airborne surveillance market is analysed and market size, volume information is provided by country, type, product type and application as referenced above.
The countries covered in the global airborne surveillance market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the airborne surveillance market due to the presence of major players in the US. Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 because of the increase in research and development for drones and UAVs in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Airborne Surveillance Market Share Analysis
The airborne surveillance market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to airborne surveillance market.
The major players operating in the airborne surveillance market report are BAE Systems, Israel Aerospace Industries Ltd., Leonardo, Boeing¸ Leica Geosystems AG, Thales Group, Lockheed Martin Corporation¸ Saab, FLIR Systems Inc., Raytheon Company, Northrop Grumman, L-3 Corporate, UTC Aerospace Systems, Safran, Start-Up Ecosystem and Teledyne Technologies, among others.