On the basis of type, the non-scanning sub-segment emerged as the global leader in 2021 and is anticipated to be the largest market during the forecast period.
โ Allied Market Research
WILMINGTON, DE, UNITED STATES, October 24, 2024 /EINPresswire.com/ — According to a new report published by Allied Market Research, titled, โAirborne Sensors Market,” The airborne sensors market was valued at $9.2 billion in 2021, and is estimated to reach $14.5 billion by 2030, growing at a CAGR of 5.3% from 2022 to 2030.
Drivers and Opportunities
Increase in international terrorism threats and surge in defense & military budgets to strengthen national security in developing and developed countries drive the growth of the global airborne sensors market. In addition, product development & innovations, technological advancements, and rise in R&D investments present new opportunities in the coming years.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐ญ https://www.alliedmarketresearch.com/request-for-customization/16877
The non-scanning segment to maintain its lead position throughout the forecast period
Based on type, the non-scanning segment contributed the highest share in 2021, accounting for more than three-fifths of the global airborne sensors market, and is expected to maintain its lead position throughout the forecast period. This is due to technological advancements and the availability of different classes of airborne sensors such as gliders, seaplanes, and kites. However, the scanning segment is projected to witness the largest CAGR of 5.5% from 2022 to 2030. This is due to benefits such as high resolution imagery, its suitability in rescue operations, and the need of small area for operation.
The defence aircraft segment to maintain its lead position throughout the forecast period
Based on application, the defence aircraft segment contributed the highest market share in 2021, accounting for more than two-fifths of the global airborne sensors market, and is expected to maintain its lead position throughout the forecast period. Moreover, this segment is expected to witness the fastest CAGR of 5.7% from 2022 to 2030. This is due to increase in R&D activities and rise in budgets by defense and military organizations. The report also analyzes the segments including commercial aircraft and others.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐ ๐ฐ๐ข๐ญ๐ก ๐๐๐ญ๐ข๐จ๐ง๐๐๐ฅ๐ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ฒ & ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ก๐๐ซ๐ ๐๐ญ https://www.alliedmarketresearch.com/purchase-enquiry/16877
North America to maintain its dominance in terms of revenue by 2030
Based on region, North America accounted for the highest market share in terms of revenue in 2021, holding more than one-fourth of the global airborne sensors market, and is expected to maintain its dominance in terms of revenue by 2030. This is due to rise in public spending on imaging software and integration of smart sensing technologies by leading tech companies such as Uber and Tesla for development of self-driving cars. However, Asia-Pacific is estimated to register the fastest CAGR of 5.9% during the forecast period, owing to surge in demand for improved technologies in radars, electro-optics/infrared (EO/IR) sensors, and others. In addition, the development of next-generation aircrafts and increase in defense contracts supplement the market growth.
Leading Market Players
Hexagon
Thales Group
Raytheon Technologies
Lockheed Martin Corporation
information systems laboratories
teledyne optech
General Dynamics Corporation
Honeywell International Inc.
ITT Inc.
AVT Airborne Sensing GmbH
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ ๐๐๐ฏ๐ ๐จ๐ง ๐๐๐ซ๐จ๐ฌ๐ฉ๐๐๐ ๐๐ง๐ ๐๐๐๐๐ง๐ฌ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
๐๐ข๐ซ๐๐จ๐ซ๐ง๐ ๐-๐๐๐ง๐ ๐๐๐๐๐๐ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/airborne-l-band-satcom-market-A09201
๐๐๐ซ๐จ๐ฌ๐ฉ๐๐๐ ๐๐จ๐๐จ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/aerospace-robotics-market
๐๐ข๐ฅ๐ข๐ญ๐๐ซ๐ฒ ๐๐ง๐ ๐๐๐๐๐ง๐ฌ๐ ๐๐๐ง๐ฌ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/military-sensors-market-A07157
David Correa
Allied Market Research
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Originally published at https://www.einpresswire.com/article/754485202/airborne-sensors-market-2024-usd-14-5-billion-by-2030-driven-by-rise-in-adoption-of-airborne-sensors