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The global military sensors market reached a value of around USD 23.8 billion in 2020. The industry is further projected to grow at a CAGR of 5.4% between 2021 and 2026.
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The rapid development of defence systems by military forces and the continued military modernisation programmes in separate nations are some of the variables anticipated to boost the development of the military sensors industry over the forecast period.
The global military sensors market can be divided based on segments like component, platform, and end-use.
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The industry, based on its component, is divided into hardware, software, and cybersecurity solutions. Hardware segment is further subdivided into sensors, storage, and networks, while the software segment is subdivided into data fusion and data processing.
The military sensors market can be divided based on its platform into:
The industry can be broadly categorised based on its end-uses into:
The EMR report looks into the regional military sensors markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
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The increasing demand for real-time data processing and analysis through artificial intelligence and machine learning is anticipated to drive the development of the military sensors market, especially its software segment. The land segment growth can be ascribed to the enhanced demand for unmanned ground vehicles in the defence sector. The electronic warfare segment is expected to develop at the highest CAGR between 2021 and 2026.
Countries like the United States, China, and India are purchasing military aircrafts, which is aiding the overall market growth. Further, the Asia Pacific market is expected to witness the fastest growth rate driven by the rapidly emerging economies within the region.
The report presents a detailed analysis of the following key players in the global military sensors market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the military sensors market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.5 Market Models
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Cost Structure
4.5 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Military Sensors Market Analysis
6.1 Global Military Sensors Market (2016-2020) & Forecast (2021-2026)
6.2 Global Military Sensors Market Breakup by Component
22.214.171.124 Data Fusion
126.96.36.199 Data Processing
6.2.3 Cybersecurity Solutions
6.3 Global Military Sensors Market Breakup by Component: Historical Market (2016-2020) & Forecast (2021-2026)
188.8.131.52 Data Fusion
184.108.40.206 Data Processing
6.3.3 Cybersecurity Solutions
6.4 Global Military Sensors Market Breakup by Platform
220.127.116.11 Fighter Aircraft
18.104.22.168 Combat Support Aircraft
22.214.171.124 Unmanned Aerial Vehicles
126.96.36.199 Armoured Ground Vehicles
188.8.131.52 Combat Support Vehicles
184.108.40.206 Unmanned Ground Vehicles (UGVS)
220.127.116.11 Operating Bases
18.104.22.168 Combat Ships
22.214.171.124 Combat Support Ships
126.96.36.199 Unmanned Marine Vehicles (UMVS)
188.8.131.52 Rockets & Missiles
184.108.40.206 Guided Ammunition
220.127.116.11 Artillery Systems
6.5 Global Military Sensors Market Breakup by Platform
18.104.22.168 Fighter Aircraft
22.214.171.124 Combat Support Aircraft
126.96.36.199 Unmanned Aerial Vehicles
188.8.131.52 Armoured Ground Vehicles
184.108.40.206 Combat Support Vehicles
220.127.116.11 Unmanned Ground Vehicles (UGVS)
18.104.22.168 Operating Bases
22.214.171.124 Combat Ships
126.96.36.199 Combat Support Ships
188.8.131.52 Unmanned Marine Vehicles (UMVS)
184.108.40.206 Rockets & Missiles
220.127.116.11 Guided Ammunition
18.104.22.168 Artillery Systems
6.6 Global Military Sensors Market Breakup by End Use
6.6.1 Intelligence & Reconnaissance
6.6.2 Communication & Navigation
6.6.3 Combat Operations
6.6.4 Electronic Warfare
6.6.5 Target Recognition
6.6.6 Surveillance & Monitoring
6.6.7 Artillery Systems
6.6.8 Command & Control
6.7 Global Military Sensors Market Breakup by End Use: Historical Market (2016-2020) & Forecast (2021-2026)
6.7.1 Intelligence & Reconnaissance
6.7.2 Communication & Navigation
6.7.3 Combat Operations
6.7.4 Electronic Warfare
6.7.5 Target Recognition
6.7.6 Surveillance & Monitoring
6.7.7 Artillery Systems
6.7.8 Command & Control
6.8 Global Military Sensors Market Breakup by Region
6.8.1 North America
22.214.171.124 United States of America
126.96.36.199 United Kingdom
6.8.3 Asia Pacific
6.8.4 Latin America
6.8.5 Middle East & Africa
188.8.131.52 Saudi Arabia
184.108.40.206 United Arab Emirates
220.127.116.11 South Africa
6.9 Global Military Sensors Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
6.9.1 North America
18.104.22.168 United States of America
22.214.171.124 United Kingdom
6.9.3 Asia Pacific
6.9.4 Latin America
6.9.5 Middle East & Africa
126.96.36.199 Saudi Arabia
188.8.131.52 United Arab Emirates
184.108.40.206 South Africa
7 SWOT Analysis
8 Porter’s Five Forces Analysis
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
9 Competitive Landscape & Supplier Analysis
9.1 Honeywell International Inc. (NYSE: HON)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.2 TE Connectivity Ltd. (NYSE: TEL)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.3 Raytheon Company (NYSE: RTN)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.4 Lockheed Martin Corporation (NYSE: LMT)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.5 Thales SA (EPA: HO)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.6 Kongsberg Gruppen (OTCMKTS: NSKFF)
9.6.1 Company Overview
9.6.2 Financial Analysis
9.7 Ultra Electronics (LON: ULE)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.8 Esterline Technologies Corporation
9.8.1 Company Overview
9.8.2 Financial Analysis
9.9 General Electric Company (NYSE: GE)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.10 BAE Systems PLC (LON: BA)
9.10.1 Company Overview
9.10.2 Financial Analysis
9.11 Microflown Avisa B.V.
9.11.1 Company Overview
9.11.2 Financial Analysis
9.12 Vectornav Technologies, LLC
9.12.1 Company Overview
9.12.2 Financial Analysis
10 Industry Events and Developments
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