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

The Report Covers Global Intelligence Surveillance and Reconnaissance (ISR) Market and it is Segmented by Platform (Land, Air, Sea, and Space) and by Geography (North America, Europe, Asia-Pacific, South America, and the Middle East and Africa). The market size and forecasts are provided in terms of value (USD Million) for all the above segments.

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

Intelligence Surveillance and Reconnaissance (ISR) Industry Overview

The intelligence, surveillance, and reconnaissance market is moderately consolidated. L3Harris Technologies Inc., Elbit Systems, BAE Systems PLC, and General Dynamics Corporation are some of the major players that dominate the market in terms of market share. In October 2022, L3Harris announced that it has partnered with Mag Aerospace to work on the United States Army's Theater Level High-Altitude Expeditionary Next-Gen ISR Radar Program (ATHENA-R). The ATHENA-R aircraft, a Bombardier Global Express 6500s converted with ISR mission capabilities, is designed for enhancing the United States Army ISR capabilites at higher altitudes. 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.

Intelligence Surveillance and Reconnaissance (ISR) Market Leaders

  1. L3Harris Technologies Inc.

  2. General Dynamics Corporation

  3. The Boeing Company

  4. Elbit Systems Ltd

  5. BAE Systems PLC

  6. *Disclaimer: Major Players sorted in no particular order
Intelligence, Surveillance, and Reconnaissance Market Concentration