Military Sensors Market by Platform (Airborne, Land, Naval, Munitions, Satellites), Application, Type, and Region (North America, Europe, Asia Pacific, Middle East & Africa, Rest of the World) – Global Forecast to 2026

2021-07-12
Price :
Published : Jul-2021
No. of Pages : 256
Inquire before Buying request discount

“Increasing demand for battlespace awareness among defense forces is driving the growth of the military sensors market in different applications.”

The military sensors market is estimated at USD 9.9 Billion in 2021 and is projected to reach USD 13.2 Billion by 2026, at a CAGR of 5.9% from 2021 to 2026. The military sensors market is growing at a significant rate across the world, and a similar trend is expected to be observed during the forecast period. Increasing demand for battlespace awareness among defense forces, ongoing advancements in MEMS technology, increasing use of UAVs in modern warfare and increasing focus on weapon system reliability are fueling the growth of the military sensors market.

Major manufacturers in this market are based in North America and Europe. Honeywell International (US), Raytheon technology (US), Lockheed Martin (US), Thales (France) are among the key manufacturers that secured military sensors contracts in the last few years. Major focus was given to the development of new products due to the changing requirements of sensor customers across the world. These players have adopted various growth strategies to strengthen their position in the market. These include product launches, contracts, partnerships, mergers and acquisitions, and new product development activities further to expand their presence in the military sensors market. These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East, Africa, and South America. COVID-19 has affected the Military sensors market growth to some extent, and this varies from country to country. Industry experts believe that the pandemic has not affected the demand for military sensors in commercial, Government and defense applications.

“The gyroscope segment of the market is projected to grow at the highest CAGR during 2021-2026.”

The introduction of MEMS-based gyroscopes has been a major point of innovation in the gyroscope technology. An increase in demand for high performance inertial navigation systems (INS) has fueled the growth of gyroscopes in military sensors market. The military aviation industry, which is one of the key consumers of inertial navigation systems, has been a major reason for the market growth and is expected to be a key driver for the global market. The increased adoption of drones and unmanned aerial vehicles (UAVs) in the defense sector will also play a major role in market growth. In June 2019, the US Missile Defense Agency (MDA) awarded a USD 4.4 million three-year contract to Vector Atomic (US) for the MDA Hypersonic Defense Component Technology program to design a micro-flatpack accelerometer-gyroscope sensor that will use hybrid integrated photonics. The company will develop and test a low size, weight, power, and cost (SWaP-C) navigation-grade gyroscope-accelerometer capable of navigating under severe acceleration, shock, and vibration characteristics of a hypersonic missile interceptor.

“Based on application, electronic warfare segment will register the highest growth from 2021 to 2026.”

Significant technological advancements and integration of sensors and electronics in military equipment are resulting in a shift towards multilayered defense systems, which is expected to drive the electronic warfare segment in military sensors market during the forecast period. Adding to these factors, the increase in the use of UAV systems and the need for ground surveillance and communication jamming serve as opportunities for the electronic warfare segment. In March 2021, BAE Systems secured a USD 58 million contract to begin low-rate initial production of an electronic warfare system for F-15s to protect pilots from advanced threats coming over the electromagnetic spectrum. The contract scope includes multispectral sensors and countermeasures, signal processing, microelectronics and algorithms to deliver radar warning, situational awareness, geolocation, and self-protection capabilities.

“Based on Platform, the airborne segment will register the highest growth from 2021 to 2026.”

 Growing adoption of airborne sensors in the defense sector is boosting the growth of the airborne segment in military sensors market. One of the factors for high growth of the military sensors market for air-based platforms is the proliferation of UAVs. Countries across the world are investing in UAVs to increase surveillance. Various countries are also either adding new fighter aircraft fleets or are upgrading their existing fighter aircraft with latest sensor technologies, which will play a major role in market growth for airborne military sensor market. The rapid evolution of geopolitical dynamics across the globe, coupled with increasing threats of terrorism, procurement plans of emerging economies, modernizations and political instability in few regions, will drive the demand for airborne military sensor market

“The North America region is estimated to account for the largest share of military sensorsmarket in 2021.”

Significant investments in R&D activities for the development of advanced military power solutions by key players and increased demand for lightweight and energy-efficient sensors are some of the factors expected to fuel the growth of the military sensors market in this region. The US is expected to drive the growth of the North American military sensors market during the forecast period, owing to easy access to various innovative technologies and significant investments being made by manufacturers in the country for the development of improved health monitoring and warfare sensors. Several developments have taken place in the field of military sensors in the region. Prominent players from this region include Northrop Grumman (US), Raytheon Technologies(US), Lockheed Martin (US), and others.

The break-up of the profile of primary participants in the military sensors market:

  • By Company Type: Tier 1 – 45%, Tier 2 – 35%, and Tier 3 – 20%
  • By Designation: C Level – 35%, Director Level – 25%, and Others – 40%
  • By Region: North America – 60.6%, Europe – 18.7%, Asia Pacific – 19%, Middle East & Africa – 1.2%, South America – 0.5%

Major companies profiled in the report include Honeywell International (US), TE Connectivity (Switzerland), Raytheon Technology (US), Lockheed Martin (US), Thales (France), Bae Systems (UK) among others.

Research Coverage:

This market study covers the Military Sensors market across various segments and sub segments. It aims at estimating the size and growth potential of this market across different segments based on type, application, platform and region. This study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to their product and business offerings, recent developments undertaken by them, and key market strategies adopted by them.

Reasons to buy this report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall military sensors market. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on military sensors offered by the top players in the market
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the military sensors market
  • Market Development: Comprehensive information about lucrative markets – the report analyses the military sensors market across varied regions
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the military sensors market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the military sensors market
Filed in: Public Sector
Publisher : marketsandmarkets
More Reports
Title Price Buy Now

Unmanned Ground Vehicles Market by Mobility, Application (Military, Commercial, Law Enforcement, Federal Law Enforcement), Mode of Operation, Size, System, and Region (North America, Europe, APAC, Middle East and Rest of the World) – Forecast to 2027

The unmanned ground vehicles market is estimated to be USD 2.7 billion in 2022 and is projected to reach USD 3.6 billion by 2027, at a CAGR of 5.7% from 2022 to 2027. Growth of this market can be attributed to the rise in military applications like combat support, ISR, mine clearance, etc., and commercial applications like firefighting, CBRN. “Development of smart robots for combat operations” Smart robots are an integral part of modern warfare, and, thus, different countries across the globe are increasing, including these robots in their defense forces. They are essential for combat operations and assist defense forces in various missions. Smart robots are designed to handle a broad range of combat tasks, from picking up snipers to carrying out target acquisitions. These robots......
 $4950

Fixed-wing VTOL UAV Market by Application (Military, Government & Law Enforcement, Commercial), Propulsion (Electric, Hybrid, Gasoline), Mode of operation (VLOS, EVLOS, BVLOS), Endurance, Range, MTOW and Region – Global Forecast to 2030

“Increasing demand for fixed wing VTOL UAVs for military, commercial and government and law enforcement applications are driving the market.” The fixed-wing VTOL UAV market includes various players, such as product manufacturers and solution providers. The market is estimated at USD 842 million in 2022 and is projected to reach USD 4,627 million by 2030, at a CAGR of 23.7%. Continous technological advancements have reduced the cost of materials & miniaturization of components used to develop new and advanced UAVs capable of repeatedly flying for long periods. These UAVs improve flight control systems using advanced software and have low operational costs. Fixed-wing VTOL UAVs are becoming highly efficient and effective and, hence, cater to various requirements of the civil &......
 $4950

Aerospace and Defense Telemetry Market by Platform (Ground, Airborne, Marine, Space, Weapons, UAVs), Technology (Wired and Wireless Telemetry), Component ( Receiver, Transmitter, Antenna, Processors), Application, Region – Forecast to 2027

“Increase in airspace modernization programs, demand for high rate data transmission, development of low-cost miniaturized telemetry systems.” The Aerospace and Defense Telemetry Market is estimated to be USD 1.4 billion in 2022 and is projected to reach USD 2.0 billion by 2027, at a CAGR of 6.9% from 2022 to 2027. Factors such as increase in airspace modernization programs, demand for high rate data transmission, development of low-cost miniaturized telemetry systems are driving factors assisting the growth of the aerospace and defense telemetry market. The aerospace and defense telemetry market includes major players such as L3harris Technologies (US), Honeywell International Inc (US), General Dynamics Corporation (US), Lockheed Martin Corporation (US), Maxar Technologies (US),......
 $4950

Waveguide Components and Assemblies Market by Sector, Spectrum, Component (Adapters, Couplers, Loads and Filters, Isolators and Circulators, Duplexers, Phase Shifters, Power Combiners, Pressure Windows) and Region – Global Forecast to 2027

“Increasing launches of satellites and space exploration missions are driving the waveguide components and assembliesmarket.” The Waveguide Components and Assemblies Market is projected to grow from USD 1.3 billion in 2022 to USD 1.6 billion by 2027, at a CAGR of 4.8%. The market exhibits lucrative growth potential during the forecast period primarily due to the advancements in radar technologies, increased demand for microwave devices in electronic warfare systems and increasing launches of satellites and space exploration missions. Nevertheless, the requirement for new-generation warfare systems and demand for high-rate data transmission, to open several growth opportunities for waveguide components and assemblies’ manufacturers during the forecast period. The COVID-19 pandem......
 $4950

Space Power Electronics Market by Device Type (Power Discrete, Power Module, Power IC), Application (Satellites, Spacecraft & Launch Vehicles, Space Stations, Rovers), Platform, Voltage, Current, Material and Region – Global Forecast to 2026

The Space power electronics market is projected to grow from USD 205 million in 2021 to USD 435 million by 2026, at a CAGR of 16.2%. Space power electronics is the application of electronics on satellites, spacecraft, launch vehicles, space stations and rovers to control and convert electric power from one form to other. It deals with the processing of high voltages and currents to deliver power that supports a variety of needs. According to the National Aeronautics and Space Administration, a power electronic system can comprise a modular power electronic subsystem (PESS) connected to a source and load at its input and output power ports, respectively. Semiconductor devices such as metal-oxide semiconductor field effect transistors (MOSFET), insulated gate bipolar transistors (IGBT), mos-......
 $4950

5G in Defense Market by Communication Infrastructure (Small Cell, Macro Cell), Core Network Technology, Platform (Land, Naval, Airborne), End User, Network Type, Chipset, Operational Frequency, Installation and Region – Global Forecast to 2027

“Growing adoption of autonomous and connected devices, and higher network speed and lower latency in 5G are the major factors driving the 5G in defense Market.” The global 5G in defense market size is projected to grow from USD 665 million in 2022 to USD 2,487 million by 2027, at a CAGR of 30.2% from 2022 to 2027. Factors such as the are the Higher network speed, and lower latency in 5G, and growing adoption of autonomous and connected devices are driving factors assisting the growth of 5G in the defense market. The 5G in defense market is dominated by a few globally established players such as Ericsson (Sweden), Huawei (China), Nokia OYJ (Finland), Samsung (South Korea), NEC Corporation (Japan), Thales Group (France), L3Harris Technologies, Inc. (US), Raytheon Technologies (US),......
 $4950

Defense Integrated Antenna Market by Type (Aperture Antenna, Wire Antenna, Array Antenna, Microstrip Antenna), Platform (Ground, Airborne, Marine), Application, Frequency and Region (North America, APAC, Europe, MEA, RoW) – Forecast to 2026

Defense integrated antenna Market: Report Description 2 Defense integrated antenna market is projected to grow from USD 543 million in 2022 to USD 722 million by 2026, at a CAGR of 5.8% during the forecast period. An antenna converts electronic signals to electromagnetic waves (and vice versa) with a minimum loss, and an integrated antenna consists of miniaturized antennas printed on densely populated printed circuit boards (PCB) to electrically large arrays and reflector antennas. Defense integrated antennas are more ruggedized than regular commercial antennas to withstand harsh conditions. The defense integrated antenna market is expected to grow significantly in the coming years, owing to the high demand for compact/integrated antennas. These antennas should be rugged to withstand ha......
 $4950

Military Simulation and Training Market by Application (Army, Aviation, Naval), Type (Live, Virtual, Constructive), Platform (Land, Maritime, Airborne), Solution, Environment (Synthetic, Gaming), Technology & Region – Global Forecast to 2027

The Military Simulation and Training market size is forecasted to grow from an estimated USD 9.2 billion in 2022 to reach USD 12.2 billion by 2027, at a CAGR of 5.6% from 2022 to 2027. Increasing defense spending in the world and new technological developments to help strengthen military capabilities and efficiency is expected to drive the market for Military Simulation and Training across the globe. Increasing geopolitical tensions across regions and overall strengthening activities across the world is triggering the defense spending across these regions. This, in turn, is pushing manufacturers and system component providers to design and manufacture more high technology, high resolution, military simulators for defense personnel to get trained upon. The COVID-19 pandemic has caused si......
 $4950

Insulation Products Market by Insulation Type (Thermal, Acoustic), Material Type (Mineral Wool, Polyurethane Foam, Flexible Elastomeric Foam), End Use (Building & Construction, Industrial, Transportation, Consumer) and Region – Global Forecast to 2026

“Increasing number of warehouse construction driving demand for quick-to-install insulation materials is driving the Insulation products market.” The global Insulation products market size is projected to grow from USD 55.1 billion in 2021 to USD 71.7 billion by 2026, at a CAGR of 5.4% between 2021 and 2026. The insulation products market is expected to grow at a moderate growth rate owing to factors such as Growing steel and aluminium industries in developing nations, Increasing number of warehouse construction driving demand for quick-to-install insulation materials are driving the growth of Insulation products market in Asia Pacific countries. COVID 19 pandemic leading to disruption in the value chain, stringent environmental regulations related to manufacturing of PUF are hinder......
 $4950

Electronically Scanned Array Market by Installation, Platform (Air, Marine, Land), Frequency Band, Type, Component, Range, Dimension, Array Geometry and Region (North America, Europe, APAC, Middle East & Africa and Latin America) – Forecast to 2026

The electronically scanned array market is estimated to be USD 7.4 billion in 2021 and is projected to reach USD 10.4 billion by 2026, at a CAGR of 7.1% from 2021 to 2026. Growth of this market can be attributed to the rise in trade of electronically scanned array, developments in the defense sector, and national security sector. “Increasing defense expenditure of emerging economies to drive the market for electronically scanned array during the forecast period” Emerging economies, such as China and India, are investing in advanced electronically scanned arrays to prepare themselves for any battle. These economies have increased their military budgets to augment their defense powers and are procuring advanced ESA-based navigation systems for air, marine, and land platforms. The g......
 $4950
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy