USD 9.97 billion
Military Sensors Market Size, Share, Growth Analysis, By Type(Imaging sensors, Seismic sensors, Acoustic sensors, Magnetic sensors), By Platform(Airborne, Land, Naval, Satellite), By Application(Intelligence, surveillance & reconnaissance (ISR), Communication & navigation, Combat system), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG25AG2008 |
Region:
Global |
Published Date: July, 2001
Pages:
157
|Tables:
120
|Figures:
76
Military Sensors Market Insights
Military Sensors Market size was valued at USD 9.97 billion in 2019 and is poised to grow from USD 10.59 billion in 2023 to USD 16.94 billion by 2031, growing at a CAGR of 6.2% in the forecast period (2024-2031).
Several military and aeronautical systems rely heavily on sensors. Defence intelligence, surveillance, and reconnaissance equipment stationed on national borders or in remote places are linked via wireless networks that provide real-time data through sensors. Furthermore, for effective aircraft operation, new and advanced aircraft use sensors such as pressure sensors, temperature sensors, speed sensors, accelerometers, level sensors, flow sensors, gyroscopes, and radar sensors.
Security systems rely on intelligent and smart sensor technologies and have become a crucial component of military systems. Commercially, the market growth is attributed to the evolution of microelectromechanical systems (MEMS). The rising adoption of MEMS-based devices such as micro gyros, microbolometers, and micromirrors is expected to augment the growth of the market. Moreover, military modernization programs carried out in various countries are expected to support market growth.
US Military Sensors Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
surveillance & reconnaissance (ISR)
Fastest Growth
surveillance & reconnaissance (ISR)
Growth Rate
6.2% CAGR
Global Military Sensors Market ($ Bn)
Country Share for North America Region (%)
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Military Sensors Market Segmental Analysis
Military Sensors Market is segmented based on type, platform, application, and region. Based on type, the market is segmented into imaging sensors, seismic sensors, acoustic sensors, magnetic sensors, pressure sensors, temperature sensors, torque sensors, speed sensors, level sensors, flow sensors, force sensors, aoa sensors, altimeter sensors, position or displacement sensors, accelerometers, gyroscopes, gps sensors, and proximity sensors.
Based on platform, the market is segmented into airborne, land, naval, satellite, munitions. Based on application, the market is segmented into Intelligence, surveillance & reconnaissance (ISR), communication & navigation, combat system, electronic warfare, target recognition system, command & control, weapon and fire control system, wearable, cybersecurity, simulation and training, engine and operations system.
Based on region, the market is segmented into North America, Asia Pacific, Europe, Latin America and Middle East Africa.
Military Sensors Market Analysis by Application Type:
By type, the electronic warfare is projected to account for a greater expansion in terms of application. Significant technical breakthroughs and sensors followed by the use of electronics in military equipment are resulting in a shift toward multi-layered defence systems, which is projected to drive the electronic warfare segment of the military sensors market during the forecast period. In addition to these issues, the increased usage of unmanned aerial vehicles (UAVs) and the need for ground surveillance, and communication jamming provide potential for the electronic warfare segment.
BAE Systems was awarded a USD 58 million contract to begin low-rate initial manufacturing of an electronic warfare system for F-15s to defend pilots against advanced electromagnetic threats. The scope of the contract includes multispectral sensors and countermeasures, signal processing, microelectronics, and algorithms for radar warning, situational awareness, geolocation, and self-protection.
Global Military Sensors Market By Application
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Military Sensors Market Regional Insights
Based on region, global military sensors market is segmented into North America, Asia Pacific, Europe, Latin America, and Middle East Africa. North America is expected to lead the military sensors market. Significant R&D efforts by key players in the development of innovative military power solutions, and the growing demand for lightweight and energy-efficient sensors are projected to drive the growth of the military sensors market in this region.
Due to the easy access to various innovative technologies and significant investments by manufacturers in the country for development of improved health monitoring and warfare sensors, the United States is expected to drive the growth of the North American military sensors market during the forecast period. Several advances in the field of military sensors have occurred in the US.
Global Military Sensors Market By Region
- Largest
- Fastest
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Military Sensors Market Dynamics
Military Sensors Market Drivers
Defence Forces are Increasingly Demanding Battlespace Awareness
- Battlespace situational awareness is critical for defence forces because it allows them to track enemy movements and decode secret information. It is also critical for detecting hostile threats in complex operations.
- The nature of the issues confronting military forces around the world has changed dramatically. Situational awareness has become crucial to ensure the protection of defence personnel in the increasingly networked digital and data-heavy battlespace. Sensor systems such as Electro-Optics/Infrared (EO/IR) sensors and accompanying data processors are increasingly being used by armed forces to improve the capabilities of defence equipment.
- EO/IR systems provide defence troops with instantaneous and continuous surveillance of the whole battlefield by providing full-motion videos and intuitive operator interfaces to gain real-time situational awareness.
Restraints
Lack of Accuracy and Operational Difficulties in MEMS Inertial Navigation Sensors
- MEMS inertial navigation sensors' limited accuracy limits their performance and usability in applications that demand extremely accurate information. Alternative technologies, such as Ring Laser Gyroscopes (RLGs) and Fibre Optic Gyros (FOGs), are more dependable than MEMS inertial navigation sensors because they produce more accurate readings. RLGs integrate optical frequency generation and rotation sensing functions into a ring-shaped cavity laser oscillator.
- FOGs work on the basis of optical fibres that have been tuned to a single frequency of light that is being propagated. An external force is applied to modify the direction of light, and hence the frequency of the propagated light.
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Military Sensors Market Competitive Landscape
The global military sensors market is fragmented, with a prominent market player acquiring a sizable portion. Prominent players operating in the market are constantly adopting various growth strategies to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D to supply industries with the most efficient and cost-effective solutions
Top Players in the Global Military Sensors Market
- Lockheed Martin Corporation
- Raytheon Technologies Corporation
- Thales Group
- BAE Systems plc
- Northrop Grumman Corporation
- Honeywell International Inc.
- Safran Electronics & Defense
- Leonardo S.p.A.
- L3Harris Technologies, Inc.
- General Dynamics Corporation
- FLIR Systems, Inc.
- Rheinmetall AG
- Elbit Systems Ltd.
- Israel Aerospace Industries Ltd.
- Textron Inc.
- Cobham plc
- Kratos Defense & Security Solutions, Inc.
- Rockwell Collins, Inc.
- AeroVironment, Inc.
- Teledyne Technologies Incorporated
Military Sensors Market Recent Developments
- In September 2022, BAE Systems announced plans to launch its first multi-sensor satellite cluster, called Azalea, into low Earth orbit (LEO) in 2024.
- In May 2022, Raytheon launched and recovered a counter-mine system that has imaging sonar and electro-optical sensors.
Military Sensors Key Market Trends
- Emergence of Wireless Sensor Networks (WSN) Offering Growth Avenues: Wireless Sensor Network (WSN) is a new technology that will be useful in monitoring far-away places. A WSN is a network of transducers that is aided by proper communication infrastructure and is specifically built for monitoring and recording at multiple places.
- A WSN can be utilized in a variety of military purposes, including seismic activity monitoring and military surveillance. Network technology advancements are projected to boost operational efficiency with essential information.
Military Sensors Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to the global military sensors market report analysis, the growing demand for real-time data processing and analysis via artificial intelligence and machine learning is expected to boost the growth of the military sensors. The increased need for unmanned ground vehicles in the defence sector might be attributed to the rise of the land warfare segment. Electronic warfare is predicted to grow at the fastest rate.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 9.97 billion |
| Market size value in 2031 | USD 16.94 billion |
| Growth Rate | 6.2% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Military Sensors Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Military Sensors Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Military Sensors Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Military Sensors Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Military Sensors Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Military Sensors Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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