Airborne Surveillance Market

Airborne Surveillance Market, Product
Type, Application and Region - Global
Industry Insights, Trends, 2017 – 2025
Airborne surveillance system aims to provide early airborne unusual activities warning.
It consists of antenna, airborne data processor, and integrated navigation system, which
are featured to provide high accuracy navigation system. These are responsible for
tracking and scanning of required target. They receive signal from transmitting radar,
analyze the signal and transmit the signal to the receiving radar and provide navigation
of the target.
Major driving factor for the growth of global airborne surveillance market is increasing
adoption of unmanned aerial vehicles (UAV) in commercial sector, which has
applications in agriculture, government agencies, and other major industries. For
instance, according to the Federal Aviation Administration (FAA), around 7 million
drones are expected to ship to the U.S. by 2020, which includes sales of around 2.7
million commercial drone by 2020 from 600 thousands in 2016. These drones are
available at affordable price and thus creating an opportunity to actively utilize these
drones in commercial application. Increasing concern regarding safety and security
along with digitization and advanced technologies used in mapping software and high
resolution satellite imagery are prominent factors expected to accelerate the growth
opportunity of the commercial drones market, which are expected to consequently fuel
global airborne surveillance market growth. Drones are experiencing active adoption by
agriculture sector. LiDAR, geographic information system (GIS) and high resolution
satellite imagery system are highly being used in agriculture sector for crop health
monitoring, production of crop measurement, and checking soil condition. Trimble
Navigation Ltd. has a strong hold in the agriculture drones market. This company
provides Trimble UX5 HP high-precision mapping solution in the agriculture drone
market.
However high cost of LiDAR is one of the key factor restraining growth of the global
airborne surveillance market during the forecast period.
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Airborne Surveillance Market Taxonomy:
On the basis of type, the global airborne surveillance market is segmented into:
● LiDAR
● Radar
● Imaging System
On the basis of product type, the global airborne surveillance market is
segmented into:
● Manned system
○ Helicopter
○ Aircraft
● Unmanned system
○ UAV/UAS
○ Balloons/Aerostats
On the basis of application, the global airborne surveillance market is segmented
into:
● Military, Defense, and Security
● Commercial
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Airborne Surveillance Market: Regional Insights
The global airborne surveillance market has been segmented on the basis of regions
into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The
market for North America is expected to account for largest share in the global airborne
surveillance market. The U.S. is the prominent source for the regional market growth
due to the presence of key players including Boeing, BAE Systems and Raytheon. High
defense funding, increased focus on minimal troop casualties, minimum financial loss,
and increased focus on the development of advanced airborne systems are key factors
to have a positive impact in the U.S. market, which in turn is expected to fuel regional
market growth. In July 2017, the U.S. Navy sent out proposals to four defense
contractors to the General Atomics, Boeing, Lockheed Martin, and Northrop Grumman
for modulated reconnaissance requirement while enhancing the proposed unmanned
aircraft’s aerial tanking duties. UCAVs with long-ranged striking capabilities are
incorporated with Command, Control, Communications, Computers, Intelligence,
Surveillance, and Reconnaissance (C4ISR) systems into airborne platforms, which are
capable of deploying precision-guided munitions, bombs, and missiles. These factors
are expected to drive the growth of the market over the forecast period.
Airborne Surveillance Market: Competitive Background
Major players operating in the global airborne surveillance market include BAE
Systems, Boeing, Lockheed Martin Corporation, Raytheon Company, Flir Systems,
Israel Aerospace Industries Ltd., L-3 Wescam, Leica Geosystems AG, Leonardo,
Northrop Grumman Corporation, and Saab AB.
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Airborne Surveillance Market, report categorizes the report by Type, Product Type, Application and Region. It provides information about - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017 – 2025