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Global Military Sensors Market: By Component: Hardware, Software, Cybersecurity Solutions; By Platform: Airborne, Land, Naval, Space, Munitions; By End Use: Intelligence and Reconnaissance, Others: Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Military Sensors Market Outlook
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.
Market Segmentation
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:
- Airborne
- Fighter Aircraft
- Helicopters
- Combat Support Aircraft
- Unmanned Aerial Vehicles
- Land
- Armoured Ground Vehicles
- Combat Support Vehicles
- Unmanned Ground Vehicles (UGVS)
- Operating Bases
- Soldiers
- Naval
- Combat Ships
- Combat Support Ships
- Submarines
- Unmanned Marine Vehicles (UMVS)
- Space
- Munitions
- Rockets and Missiles
- Guided Ammunition
- Torpedoes
- Artillery Systems
The industry can be broadly categorised based on its end-uses into:
- Intelligence and Reconnaissance
- Communication and Navigation
- Combat Operations
- Electronic Warfare
- Target Recognition
- Surveillance and Monitoring
- Artillery Systems
- Command and Control
- Surveillance and Monitoring
- Artillery System
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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Market Analysis
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.
Competitive Landscape
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:
- Honeywell International Inc. (NYSE: HON)
- TE Connectivity Ltd.
- Raytheon Company
- Lockheed Martin Corporation
- Thales SA
- Kongsberg Gruppen
- Ultra Electronics
- Esterline Technologies Corporation
- General Electric Company
- BAE Systems PLC
- Microflown Avisa B.V.
- Vectornav Technologies, LLC
- Others
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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Component, Platform, End Use, Region |
| Breakup by Component | Hardware, Software, Cybersecurity Solutions |
| Breakup by Platform | Airborne, Land, Naval, Space, Munitions |
| Breakup by End Use | Intelligence & Reconnaissance, Communication & Navigation, Combat Operations, Electronic Warfare, Target Recognition, Surveillance & Monitoring, Artillery Systems, Command & Control |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Honeywell International Inc. (NYSE: HON), TE Connectivity Ltd. (NYSE: TEL), Raytheon Company (NYSE: RTN), Lockheed Martin Corporation (NYSE: LMT), Thales SA (EPA: HO), Kongsberg Gruppen (OTCMKTS: NSKFF), Ultra Electronics (LON: ULE), Esterline Technologies Corporation, General Electric Company (NYSE: GE), BAE Systems PLC (LON: BA), Microflown Avisa B.V., Vectornav Technologies, LLC, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Military Sensors Market Analysis
8.1 Key Industry Highlights
8.2 Global Military Sensors Historical Market (2017-2021)
8.3 Global Military Sensors Market Forecast (2022-2027)
8.4 Global Military Sensors Market by Component
8.4.1 Hardware
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.1.4 Breakup by Type
8.4.1.4.1 Sensors
8.4.1.4.1.1 Market Share
8.4.1.4.1.2 Historical Trend (2017-2021)
8.4.1.4.1.3 Forecast Trend (2022-2027)
8.4.1.4.2 Storage
8.4.1.4.2.1 Market Share
8.4.1.4.2.2 Historical Trend (2017-2021)
8.4.1.4.2.3 Forecast Trend (2022-2027)
8.4.1.4.3 Networks
8.4.1.4.3.1 Market Share
8.4.1.4.3.2 Historical Trend (2017-2021)
8.4.1.4.3.3 Forecast Trend (2022-2027)
8.4.2 Software
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.2.4 Breakup by Type
8.4.2.4.1 Data Fusion
8.4.2.4.1.1 Market Share
8.4.2.4.1.2 Historical Trend (2017-2021)
8.4.2.4.1.3 Forecast Trend (2022-2027)
8.4.2.4.2 Data Processing
8.4.2.4.2.1 Market Share
8.4.2.4.2.2 Historical Trend (2017-2021)
8.4.2.4.2.3 Forecast Trend (2022-2027)
8.4.3 Cybersecurity Solutions
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.5 Global Military Sensors Market by Platform
8.5.1 Airborne
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.1.4 Breakup by Type
8.5.1.4.1 Fighter Aircraft
8.5.1.4.1.1 Market Share
8.5.1.4.1.2 Historical Trend (2017-2021)
8.5.1.4.1.3 Forecast Trend (2022-2027)
8.5.1.4.2 Helicopters
8.5.1.4.2.1 Market Share
8.5.1.4.2.2 Historical Trend (2017-2021)
8.5.1.4.2.3 Forecast Trend (2022-2027)
8.5.1.4.3 Combat Support Aircraft
8.5.1.4.3.1 Market Share
8.5.1.4.3.2 Historical Trend (2017-2021)
8.5.1.4.3.3 Forecast Trend (2022-2027)
8.5.1.4.4 Unmanned Aerial Vehicles
8.5.1.4.4.1 Market Share
8.5.1.4.4.2 Historical Trend (2017-2021)
8.5.1.4.4.3 Forecast Trend (2022-2027)
8.5.2 Land
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.2.4 Breakup by Type
8.5.2.4.1 Armoured Ground Vehicles
8.5.2.4.1.1 Market Share
8.5.2.4.1.2 Historical Trend (2017-2021)
8.5.2.4.1.3 Forecast Trend (2022-2027)
8.5.2.4.2 Combat Support Vehicles
8.5.2.4.2.1 Market Share
8.5.2.4.2.2 Historical Trend (2017-2021)
8.5.2.4.2.3 Forecast Trend (2022-2027)
8.5.2.4.3 Unmanned Ground Vehicles (UGVs)
8.5.2.4.3.1 Market Share
8.5.2.4.3.2 Historical Trend (2017-2021)
8.5.2.4.3.3 Forecast Trend (2022-2027)
8.5.2.4.4 Operating Bases
8.5.2.4.4.1 Market Share
8.5.2.4.4.2 Historical Trend (2017-2021)
8.5.2.4.4.3 Forecast Trend (2022-2027)
8.5.2.4.5 Soldiers
8.5.2.4.5.1 Market Share
8.5.2.4.5.2 Historical Trend (2017-2021)
8.5.2.4.5.3 Forecast Trend (2022-2027)
8.5.3 Naval
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.3.4 Breakup by Type
8.5.3.4.1 Combat Ships
8.5.3.4.1.1 Market Share
8.5.3.4.1.2 Historical Trend (2017-2021)
8.5.3.4.1.3 Forecast Trend (2022-2027)
8.5.3.4.2 Combat Support Ships
8.5.3.4.2.1 Market Share
8.5.3.4.2.2 Historical Trend (2017-2021)
8.5.3.4.2.3 Forecast Trend (2022-2027)
8.5.3.4.3 Submarines
8.5.3.4.3.1 Market Share
8.5.3.4.3.2 Historical Trend (2017-2021)
8.5.3.4.3.3 Forecast Trend (2022-2027)
8.5.3.4.4 Unmanned Marine Vehicles (UMVs)
8.5.3.4.4.1 Market Share
8.5.3.4.4.2 Historical Trend (2017-2021)
8.5.3.4.4.3 Forecast Trend (2022-2027)
8.5.4 Space
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.5.5 Munitions
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2017-2021)
8.5.5.3 Forecast Trend (2022-2027)
8.5.5.4 Breakup by Type
8.5.5.4.1 Rockets and Missiles
8.5.5.4.1.1 Market Share
8.5.5.4.1.2 Historical Trend (2017-2021)
8.5.5.4.1.3 Forecast Trend (2022-2027)
8.5.5.4.2 Guided Ammunition
8.5.5.4.2.1 Market Share
8.5.5.4.2.2 Historical Trend (2017-2021)
8.5.5.4.2.3 Forecast Trend (2022-2027)
8.5.5.4.3 Torpedoes
8.5.5.4.3.1 Market Share
8.5.5.4.3.2 Historical Trend (2017-2021)
8.5.5.4.3.3 Forecast Trend (2022-2027)
8.5.5.4.4 Artillery Systems
8.5.5.4.4.1 Market Share
8.5.5.4.4.2 Historical Trend (2017-2021)
8.5.5.4.4.3 Forecast Trend (2022-2027)
8.6 Global Military Sensors Market by End Use
8.6.1 Intelligence and Reconnaissance
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Communication and Navigation
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Combat Operations
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.6.4 Electronic Warfare
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2017-2021)
8.6.4.3 Forecast Trend (2022-2027)
8.6.5 Target Recognition
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2017-2021)
8.6.5.3 Forecast Trend (2022-2027)
8.6.6 Surveillance and Monitoring
8.6.6.1 Market Share
8.6.6.2 Historical Trend (2017-2021)
8.6.6.3 Forecast Trend (2022-2027)
8.6.7 Artillery Systems
8.6.7.1 Market Share
8.6.7.2 Historical Trend (2017-2021)
8.6.7.3 Forecast Trend (2022-2027)
8.6.8 Command and Control
8.6.8.1 Market Share
8.6.8.2 Historical Trend (2017-2021)
8.6.8.3 Forecast Trend (2022-2027)
8.7 Global Military Sensors Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Honeywell International Inc
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 TE Connectivity Ltd.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Raytheon Technologies Corporation
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Lockheed Martin Corporation
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Thales Group
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Kongsberg Gruppen ASA
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Ultra Electronics
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Esterline Technologies Corporation
12.2.8.1 Company Overview
12.2.8.2 Product Portfolio
12.2.8.3 Demographic Reach and Achievements
12.2.8.4 Certifications
12.2.9 General Electric Company
12.2.9.1 Company Overview
12.2.9.2 Product Portfolio
12.2.9.3 Demographic Reach and Achievements
12.2.9.4 Certifications
12.2.10 BAE Systems PLC
12.2.10.1 Company Overview
12.2.10.2 Product Portfolio
12.2.10.3 Demographic Reach and Achievements
12.2.10.4 Certifications
12.2.11 Microflown Avisa B.V.
12.2.11.1 Company Overview
12.2.11.2 Product Portfolio
12.2.11.3 Demographic Reach and Achievements
12.2.11.4 Certifications
12.2.12 Vectornav Technologies, LLC
12.2.12.1 Company Overview
12.2.12.2 Product Portfolio
12.2.12.3 Demographic Reach and Achievements
12.2.12.4 Certifications
12.2.13 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Military Sensors Market: Key Industry Highlights, 2017 and 2027
2. Global Military Sensors Historical Market: Breakup by Component (USD Billion), 2017-2021
3. Global Military Sensors Market Forecast: Breakup by Component (USD Billion), 2022-2027
4. Global Military Sensors Historical Market: Breakup by Platform (USD Billion), 2017-2021
5. Global Military Sensors Market Forecast: Breakup by Platform (USD Billion), 2022-2027
6. Global Military Sensors Historical Market: Breakup by End Use (USD Billion), 2017-2021
7. Global Military Sensors Market Forecast: Breakup by End Use (USD Billion), 2022-2027
8. Global Military Sensors Historical Market: Breakup by Region (USD Billion), 2017-2021
9. Global Military Sensors Market Forecast: Breakup by Region (USD Billion), 2022-2027
10. North America Military Sensors Historical Market: Breakup by Country (USD Billion), 2017-2021
11. North America Military Sensors Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Europe Military Sensors Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Europe Military Sensors Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Asia Pacific Military Sensors Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Asia Pacific Military Sensors Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Latin America Military Sensors Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Latin America Military Sensors Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. Middle East and Africa Military Sensors Historical Market: Breakup by Country (USD Billion), 2017-2021
19. Middle East and Africa Military Sensors Market Forecast: Breakup by Country (USD Billion), 2022-2027
20. Global Military Sensors Market Structure
Key Questions Answered in the Report
In 2020, the global military sensors market attained a value of nearly USD 23.8 billion.
The market is projected to grow at a CAGR of 5.4% between 2021 and 2026.
The major drivers of the industry, such as the growing investment in the military and defence sector by the governments across the nations, advent of AI and machine learning, growing demand for unmanned ground vehicles, and the need for real-time data analysis, are expected to aid the market growth.
The key market trends guiding the growth of the military sensors industry include the favourable government initiatives and the growing technological advancements.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Hardware, software, and cybersecurity solutions are the leading components of military sensors in the industry.
Airborne, land, naval, space, and munitions are the significant platforms for the product available in the industry.
The major end use segments of the product include intelligence and reconnaissance, communication and navigation, combat operations, electronic warfare, target recognition, surveillance and monitoring, artillery systems, and command and control.
The major players in the industry are Honeywell International Inc., TE Connectivity Ltd., Raytheon Company, Lockheed Martin Corporation, Thales SA, Kongsberg Gruppen, Ultra Electronics, Esterline Technologies Corporation, General Electric Company, BAE Systems PLC, Microflown Avisa B.V., and Vectornav Technologies, LLC, among others.
Analyst Review
The global military sensors market attained a value of USD 23.8 billion in 2020, driven by the growing automation of defence sector across the world. Aided by the technological advancements and government support, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 5.4%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on component, the industry can be segmented into hardware, software, and cybersecurity solutions. By platform, the industry can be divided into airborne, land, naval, space, and munitions. On the basis of end use, the industry is categorised into intelligence and reconnaissance, communication and navigation, combat operations, electronic warfare, target recognition, surveillance and monitoring, artillery systems, and command and control. The major regional markets for military sensors are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Honeywell International Inc., TE Connectivity Ltd., Raytheon Company, Lockheed Martin Corporation, Thales SA, Kongsberg Gruppen, Ultra Electronics, Esterline Technologies Corporation, General Electric Company, BAE Systems PLC, Microflown Avisa B.V., Vectornav Technologies, LLC, and others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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