USD 9.97 billion
Report ID:
SQMIG25AG2008 |
Region:
Global |
Published Date: November, 2024
Pages:
157
|Tables:
120
|Figures:
76
Military Sensors Market size was valued at USD 11.1 Billion in 2023 and is poised to grow from USD 11.75 Billion in 2024 to USD 18.6 Billion by 2032, growing at a CAGR of 5.90% during the forecast period (2025-2032).
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.
Global Market Size
USD 9.97 billion
Largest Segment
surveillance & reconnaissance (ISR)
Fastest Growth
surveillance & reconnaissance (ISR)
Growth Rate
6.2% CAGR
To get more reports on the above market click here to Buy The Report
Global Military Sensors Market is segmented by 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, proximity sensors, others. Based on platform, the market is segmented into airborne, land, naval, satellites, munitions, rockets & missiles, guided ammunition, torpedoes, and artillery systems. Based on application, the market is segmented into intelligence, surveillance & reconnaissance (ISR), communication & navigation, combat operations, electronic warfare, target recognition, command & control, weapons & fire control, wearables, cybersecurity, simulation & training, engines & operations system. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
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.
To get detailed analysis on other segments, Request For Free Sample Report
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.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Military Sensors Market Drivers
Defence Forces are Increasingly Demanding Battlespace Awareness
Restraints
Lack of Accuracy and Operational Difficulties in MEMS Inertial Navigation Sensors
Request Free Customization of this report to help us to meet your business objectives.
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
Military Sensors Market Recent Developments
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 11.1 Billion |
Market size value in 2032 | USD 18.6 Billion |
Growth Rate | 5.90% |
Base year | 2024 |
Forecast period | 2025-2032 |
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:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
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.
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.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG25AG2008
sales@skyquestt.com
USA +1 351-333-4748