Market Size of Airborne ISR Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 8.14 Billion |
| Market Size (2029) | USD 11.23 Billion |
| CAGR (2024 - 2029) | 6.64 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Airborne ISR Market Analysis
The Airborne ISR Market size is estimated at USD 8.14 billion in 2024, and is expected to reach USD 11.23 billion by 2029, growing at a CAGR of 6.64% during the forecast period (2024-2029).
The COVID-19 pandemic and the resultant lockdowns resulted in a sudden dent in the GDPs of several countries. Also, the pandemic demanded huge and impulsive spending toward the healthcare systems in countries, leading to a scarcity of economic resources. Although the global military spending increased in 2020, this factor is expected to force countries to take a conservative approach toward their future military budgets, thereby hampering the airborne ISR market during the forecast period. The pandemic has resulted in severe disruptions in the supply chains of major ISR programs and has reduced production output. Delays in several developments projects in the airborne ISR industry have also been observed. These factors have negatively impacted players in the related market.
The airborne ISR market is expected to grow as ISR usage is increasing and more countries are adopting ISR technology for securing their borders. Rapid technological developments are breeding disruptive technologies in the defense industry. The increasing use of small unmanned systems for surveillance is further expected to generate demand for electronic components used in ISR missions. Advanced data integration with a multi-level comparative analysis to provide data accuracy and management may provide new market opportunities for the airborne ISR market.
Airborne ISR Industry Segmentation
Intelligence, surveillance, and reconnaissance (ISR) is an integrated intelligence and operations function that can be defined as a coordinated acquisition, processing, and provision of accurate, relevant, and timely information and intelligence to support the defense force's decision-making process. The report's purview covers ISR systems integrated onboard airborne platforms, such as aircraft, UAVs, HAPS, and aerostat systems. The report also offers the market sizes and forecasts for the airborne ISR market across the major regions in the world. For each segment, the market size and forecasts are done based on value (USD billion).
| Type | |
| Manned | |
| Unmanned |
| Application | |
| Maritime Patrol | |
| Airborne Ground Surveillance (AGS) | |
| Airborne Early Warnings (AEW) | |
| Signals Intelligence (SIGNIT) |
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Airborne ISR Market Size Summary
The airborne ISR market is poised for significant growth over the forecast period, driven by the increasing adoption of ISR technology for border security and the rapid technological advancements in the defense sector. The market is experiencing a transformation due to the emergence of small unmanned systems, which are becoming integral to surveillance missions. These developments are creating new opportunities for advanced data integration and electronic components used in ISR missions. UAVs, in particular, are gaining traction as cost-effective alternatives for nations seeking to enhance their aerial capabilities for ISR and other military operations. The shift towards asymmetric warfare strategies is further propelling the demand for UAVs, as they offer visual superiority and the ability to conduct pre-emptive strikes and surveillance. This trend is encouraging nations and defense contractors to increase their R&D investments to bolster airborne ISR capabilities, with notable advancements in UAV technology and applications.
North America currently holds the largest market share, with the United States leading in defense modernization efforts and investments in ISR capabilities. The U.S. government's strategic focus on enhancing its ISR capabilities, including the development of new aerial platforms and maritime patrol aircraft, is expected to drive market growth in the region. The market is characterized by a high level of fragmentation, with key players such as Northrop Grumman, Boeing, Elbit Systems, Lockheed Martin, and Raytheon Technologies competing based on manufacturing capabilities, global presence, and R&D investments. Collaborations with local players on regional projects are also common, as vendors strive to meet the specific requirements of regional defense forces. The competitive landscape necessitates that vendors provide state-of-the-art systems to airborne ISR integrators, ensuring their survival and success in the market.
Airborne ISR Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Buyers/Consumers
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1.4.2 Bargaining Power of Suppliers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size and Forecast by Value - USD billion, 2018 - 2031)
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2.1 Type
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2.1.1 Manned
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2.1.2 Unmanned
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2.2 Application
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2.2.1 Maritime Patrol
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2.2.2 Airborne Ground Surveillance (AGS)
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2.2.3 Airborne Early Warnings (AEW)
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2.2.4 Signals Intelligence (SIGNIT)
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2.3 Geography
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2.3.1 North America
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2.3.1.1 US
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2.3.1.1.1 By Type
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2.3.1.2 Canada
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2.3.1.2.1 By Type
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2.3.2 Europe
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2.3.2.1 United Kingdom
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2.3.2.1.1 By Type
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2.3.2.2 France
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2.3.2.2.1 By Type
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2.3.2.3 Gemany
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2.3.2.3.1 By Type
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2.3.2.4 Russia
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2.3.2.4.1 By Type
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2.3.2.5 Rest of Europe
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2.3.2.5.1 By Type
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.1.1 By Type
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2.3.3.2 India
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2.3.3.2.1 By Type
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2.3.3.3 Japan
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2.3.3.3.1 By Type
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2.3.3.4 South Korea
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2.3.3.4.1 By Type
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2.3.3.5 Rest of Asia-Pacific
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2.3.3.5.1 By Type
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2.3.4 Latin America
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2.3.4.1 Brazil
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2.3.4.1.1 By Type
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2.3.4.2 Rest of Latin America
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2.3.4.2.1 By Type
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2.3.5 Middle-East and Africa
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2.3.5.1 Saudi Arabia
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2.3.5.1.1 By Type
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2.3.5.2 United Arab Emirates
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2.3.5.2.1 By Type
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2.3.5.3 Rest of Middle-East and Africa
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2.3.5.3.1 By Type
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Airborne ISR Market Size FAQs
How big is the Airborne ISR Market?
The Airborne ISR Market size is expected to reach USD 8.14 billion in 2024 and grow at a CAGR of 6.64% to reach USD 11.23 billion by 2029.
What is the current Airborne ISR Market size?
In 2024, the Airborne ISR Market size is expected to reach USD 8.14 billion.
