The Airborne ISR Market to reach $25 billion by 2030; Growing security concerns, technological innovations, and a heightened demand for intelligence, surveillance, and reconnaissance capabilities are fueling the airborne ISR market growth.

The Airborne ISR Market size is estimated to reach $25 billion by 2030, growing at a CAGR of 4.9% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Airborne ISR Market – By Platform Type (Air, Space, Land and Sea), By Solutions (Systems, Services, Software), By Operations (Maritime Patrol, Airborne Ground Surveillance (AGS), Airborne Early Warnings (AEW), Signals Intelligence (SIGNIT), Military Intelligence, Critical Infrastructure Protection, Search and Rescue Operations and Others), By Fuel Type (Hydrogen Fuel-Cells, Battery Operated,  and Others), By Application (Military Aircraft, Military Helicopters  and Unmanned Systems), By End-User (Defense and Homeland Security) and By Geography - Opportunity Analysis & Industry Forecast, 2024-2030.

Increased defense expenditures are a key factor driving the airborne ISR (Intelligence, Surveillance, and Reconnaissance) market. Additionally, the demand for real-time intelligence is crucial for effective decision-making and operational success, further propelling Airborne ISR market growth during the forecast period.

In 2023, the North America region held the largest share of 37% in the Airborne ISR market.In recent years, the U.S. has invested heavily in modernizing its military capabilities, particularly through significant funding for ISR technologies. According to an October 2024 report by Indian Express, the United States was the largest military spender in 2023-24, allocating $916 billion, which accounts for 37 percent of global military expenditures. This focus on modernization is part of a broader strategy to replace outdated aircraft and platforms with advanced systems featuring state-of-the-art sensors and technologies. Upgrading aging fleets not only enhances operational capabilities but also addresses the evolving threats within a complex global security landscape. For example, an August 2024 article from Flight Global highlights that the U.S. Army has initiated what it describes as the "most significant" transformation of airborne surveillance in its history. Under a $991 million contract, Sierra Nevada is set to convert Bombardier Global 6500 business jets into airborne surveillance and reconnaissance platforms, replacing an existing fleet of turboprops. By prioritizing ISR advancements and fleet upgrades, the U.S. solidifies its leadership role in the airborne ISR market, ensuring its military remains agile and responsive to new challenges while setting a benchmark for allies and partners globally.

As global threats continue to evolve, governments are placing greater emphasis on national security, resulting in increased military budgets and a stronger focus on advanced surveillance technologies to bolster security and operational effectiveness. According to April 2024 data from the Stockholm International Peace Research Institute (SIPRI), total global military expenditure reached $2,443 billion in 2023, marking a 6.8 percent increase in real terms compared to 2022. This represents the largest year-on-year increase in 15 years. Additionally, military spending rose to 2.3 percent of global gross domestic product (GDP) in 2023, up from 2.2 percent the previous year. Such investments facilitate the procurement of sophisticated airborne ISR systems, including drones and manned aircraft equipped with cutting-edge sensors and imaging technologies, and support the acquisition of state-of-the-art airborne platforms and the development of new surveillance systems, further driving growth in the airborne ISR market.

As military operations grow more complex, the demand for immediate and accurate information becomes essential for effective decision-making and operational success. Airborne ISR systems offer real-time data on enemy movements, environmental conditions, and situational awareness, allowing commanders to respond quickly to emerging threats. For instance, an October 2024 press release from SpaceNews highlights that the National Reconnaissance Office is expanding its satellite network and enhancing efforts to use surveillance satellites for tracking targets on the battlefield. These classified sensor satellites are specifically designed to support military operations by providing real-time insights into enemy movements. Concurrently, the Department of the Air Force is developing a battle management system focused on integrating data from satellites and other sensor platforms, thereby improving the military’s ability to process and utilize this information effectively. Overall, the growing emphasis on real-time intelligence plays a significant role in driving the expansion of the airborne ISR market.

• On September 19, 2024, HENSOLDT, announced the launch of its next-generation airborne imaging system, the ARGOS-15, at the Africa Aerospace and Defence (AAD) Expo 2024. This highly anticipated system marks a significant advancement in multispectral sensor technology and is poised to become the preferred solution for modern intelligence, surveillance, and reconnaissance (ISR) missions.

• In February 2024, Hensoldt South Africa, a prominent provider of defense and security solutions, unveiled its latest electro-optical system, the Bushbaby 100, at the World Defence Show (WDS) in Saudi Arabia. The Bushbaby 100 is a medium-range multi-sensor system designed to provide stabilized surveillance and target geo-location capabilities for a range of applications across defense, security, and civil sectors.

• In January 2024, Elistair, a specialist in long-endurance tethered unmanned aircraft systems, announced a strategic partnership with Rheinmetall Canada Inc. to provide an on-the-move Intelligence, Surveillance, and Reconnaissance (ISR) solution.

Key companies profiled in the Airborne ISR Market are Lockheed Martin Corporation, BAE Systems PLC, L3Harris Technologies Inc., The Boeing Company, RTX, Kratos Defense & Security Solutions Inc., Northrop Grumman Corporation, Airbus SE, Thales Group, General Dynamics and others.

Aerial Imaging Market - The Market for Aerial Imaging is forecast to reach $5.09 billion by 2026, growing at a CAGR of 10.2% from 2021 to 2026, driven by the increasing applications of aerial imaging in the agriculture, government, civil engineering, research, and other sectors. 

Aerospace Material Market - Aerospace Material Market Size is forecast to reach $ 64300 Million by 2030, at a CAGR of 5.50% during forecast period 2024-2030 owing to rise in demand for new aircrafts, increased aircraft size, change in technology, high replacement rate with new generation aircrafts.

Unmanned Aircraft Systems Market -Unmanned Aircraft Systems Market size is forecast to reach $ 82646.7 Million by 2030, at a CAGR of 15.10% during forecast period 2024-2030. The growing adoption of new technologies such as artificial intelligence, sense and avoid systems, cloud computing in UAS, created significant demand for the market.

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Mr. Venkat Reddy

IndustryARC

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