A new Report by Delvens, titled "Airborne ISR Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The Airborne ISR market size is projected to reach a CAGR of 5.4% to 2028.
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Airborne ISR refers to Airborne Intelligence, Surveillance and Reconnaissance. An ISR is primarily used to detect potential risks, and help the decision makers to access the change and take decisions according. Airborne ISR serves the described function in fir air-based risks. It not just operates but also evaluate and manages the processing systems. It is widely used for militarily purpose.
With a requirement for modern warfare system along with the integration of AI and IoT in the sector and the increased need for better missile detection systems are some of the factors that have supported long-term expansion for Airborne ISR Market.
Regional Analysis
North America is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the increased R&D activities along with the surged demand for precision and accurate ISR system.
Key Players of Airborne ISR Market:
· BAE Systems plc
· L-3 Technologies Inc.
· Lockheed Martin Corporation
· Northrop Grumman Corporation
· UTC Aerospace Systems
· The Boeing Co.
· General Dynamics Corporation
· Raytheon Company
· Rockwell Collins Inc.
· Thales S.A. and More
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Recent Developments
In July 2021, BAE Systems was awarded a contract from the US Army for the delivery of the next-generation 2-Color Advanced Warning System (2CAWS).
Airborne ISR Market is segmented into Solution, Platform, End User, Application and region.
On the basis of Solution
· Systems
· Software
· Services
On the basis of Platform
· Military Aircraft
· Military Helicopters
· Unmanned Systems
On the basis of End-User
· Defense
· Homeland Security
On the basis of Region
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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In addition to the market data for Airborne ISR Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
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