Quick Summary:
Navigate the future with confidence and clarity in the competitive Intelligence Surveillance and Reconnaissance market. Our in-depth report examines market drivers, trends, and other pivotal factors poised to shape the sector, which is projected to reach a phenomenal US$61 Billion by 2030.
Providing a comprehensive view of the sector, we reveal key insights into promising segments such as Land, expected to record a 4.2% growth, reaching US$21.4 Billion by the end of 2030. With vital information on dominant markets like the United States and emerging markets such as China, this report is designed to aid strategic decision-making.
The report features an analysis of 41 select competitors, offering an understanding of their strategies, strengths and roles within the market. This, combined with our special coverage of global competitiveness and market shares, provides an unparalleled perspective on the future evolution of the Intelligence Surveillance and Reconnaissance industry.
Global Intelligence Surveillance and Reconnaissance Market to Reach $61 Billion by 2030
The global market for Intelligence Surveillance and Reconnaissance estimated at US$43 Billion in the year 2022, is projected to reach a revised size of US$61 Billion by 2030, growing at a CAGR of 4.5% over the analysis period 2022-2030. Land, one of the segments analyzed in the report, is projected to record 4.2% CAGR and reach US$21.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Air segment is readjusted to a revised 5.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $12.9 Billion, While China is Forecast to Grow at 4.2% CAGR
The Intelligence Surveillance and Reconnaissance market in the U.S. is estimated at US$12.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$10.7 Billion by the year 2030 trailing a CAGR of 4.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 3.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.Select Competitors (Total 41 Featured) -
- BAE Systems PLC
- Boeing Company, The
- CACI International, Inc.
- Elbit Systems Ltd.
- General Dynamics Corporation
- Harris Corporation
- Kratos Defense & Security Solutions, Inc.
- L3 Technologies, Inc.
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Thales Raytheon Systems
- The Rheinmetall Group - Defence Sector
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Intelligence Surveillance and Reconnaissance?
What is the growth rate of the Global Market for Intelligence Surveillance and Reconnaissance?
What is the forecasted size of the Global Market for Intelligence Surveillance and Reconnaissance?
Who are the key companies in the Global Market for Intelligence Surveillance and Reconnaissance?
| Report Attribute | Details |
|---|---|
| No. of Pages | 244 |
| Published | October 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 43 Billion |
| Forecasted Market Value ( USD | $ 61 Billion |
| Compound Annual Growth Rate | 4.5% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- BAE Systems PLC
- Boeing Company, The
- CACI International, Inc.
- Elbit Systems Ltd.
- General Dynamics Corporation
- Harris Corporation
- Kratos Defense & Security Solutions, Inc.
- L3 Technologies, Inc.
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Thales Raytheon Systems
- The Rheinmetall Group - Defence Sector
