Who are the key players in Europe Intelligence Surveillance And Reconnaissance Market?

General Dynamics Corporation, The Boeing Company, Elbit Systems Ltd., BAE Systems plc and L3Harris Technologies, Inc. are the major companies operating in the Europe Intelligence Surveillance And Reconnaissance Market. Read More

What years does this Europe Intelligence Surveillance And Reconnaissance Market cover, and what was the market size in 2023?

In 2023, the Europe Intelligence Surveillance And Reconnaissance Market size was estimated at USD 3.67 billion. The report covers the Europe Intelligence Surveillance And Reconnaissance Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Intelligence Surveillance And Reconnaissance Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Europe Intelligence Surveillance & Reconnaissance Market

Europe Intelligence Surveillance & Reconnaissance Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Europe Intelligence Surveillance and Reconnaissance Market Report is Segmented by Platform (Land, Air, Sea, and Space), and Geography (UK, France, Germany, Italy, Russia, and the Rest of Europe). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

Europe Intelligence Surveillance & Reconnaissance Industry Overview

The intelligence, surveillance, and reconnaissance market is semi-consolidated. L3Harris Technologies, Inc., Elbit Systems Ltd., BAE Systems plc, and General Dynamics Corporation are some of the major players leading in terms of market share.

The ISR market is expected to reach a mature position, wherein small regional players are expected to be either acquired or merged with the market giants to survive the competition.

For instance, in April 2022, The Swedish Defense Material Administration (FMV) signed a contract with Saab AB to provide a new Gripen launch system, with the contract valued at an estimated USD 40 million. The new order will see the development and integration of a new launch system for countermeasure pods and air-to-air missiles on the Gripen C/D and Gripen E jets.