May 4, 2018   SOURCE: BusinessWire

Global Intelligence Surveillance & Reconnaissance Market Analysis, Growth, Trends, Forecast & Challenges 2018-2023 - ResearchAndMarkets.com

The "Global Intelligence Surveillance & Reconnaissance Market - Analysis of Growth, Trends Forecast and Challenges (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The market is expected to register USD 42.35 billion by 2023, registering a CAGR of 6.78%. The air-based platform segment is led by the increasing popularity of unmanned aerial vehicles and is expected to be one of the fastest growing markets until 2023. The space-based ISR is in the nascent stage, as most of the countries do not own satellite systems.

Currently, the US Air Force flies MQ-9 reaper, MQ-1 predator, and RQ-4 global hawk drones remotely using USAF pilots, to navigate from a ground control station. The US Air Force started developing the C-17 cargo planes for unmanned missions, which allow the aircraft to reach high-risk forward locations with weapons, supplies and ammunition, thus driving the airborne reconnaissance market.

The military forces are required to operate in severe environments, where the spectrum is densely occupied and less governed affecting the ISR operations. The operations require the establishment of a single information environment (SIE), supported by a resilient mesh of related networks, while tackling the threat from enemy forces. However, owing to the growing demand, the need for governance and regulation is expected to be prominent.

Companies Mentioned

  • Elbit Corporation
  • Harris Corporation
  • General Dynamics
  • Thalesraytheon Systems
  • The Boeing Company
  • Caci International Inc
  • Bae Systems
  • L3 Communication Systems
  • Northrop Grumman Corporation
  • Kratos Defence And Security Solutions
  • Rheinmetall Defence

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Market Overview And Technology Trends

4. Market Dynamics

5. Global ISR Market, By Platform

6. Global ISR Market, By Geography

7. Competitive Landscape

8. Key Vendor Analysis

9. Future Outlook Of The Market

10. Disclaimer

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