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Airborne Surveillance Market Share

  • Report ID: GMI10866
  • Published Date: Aug 2024
  • Report Format: PDF

Airborne Surveillance Market Share

Lockheed Martin Corporation and Northrop Grumman Corporation hold a significant share in the airborne surveillance industry. Lockheed Martin Corporation holds a significant share in the airborne surveillance market due to its extensive experience, advanced technological capabilities, and comprehensive product portfolio. The company has been a leader in the defense and aerospace industry for decades, offering a wide range of airborne surveillance systems, including the renowned U-2 Dragon Lady and the advanced F-35 Lightning II.
 

Lockheed Martin's expertise in developing and integrating cutting-edge sensor technologies, radar systems, and communication networks have enabled it to deliver highly reliable and effective surveillance solutions. The company's strong relationships with military and government agencies worldwide, combined with its continuous investments in R&D, ensure that Lockheed Martin remains at the forefront of innovation in airborne surveillance. Additionally, Lockheed Martin's ability to provide end-to-end solutions, from design and manufacturing to maintenance and support, further solidifies its dominant position in the market.
 

Northrop Grumman Corporation is a key player in the airborne surveillance market, known for its innovative and versatile surveillance platforms and systems. The company's portfolio includes the RQ-4 Global Hawk, an unmanned High-altitude, Long-endurance (HALE) surveillance aircraft that provides near-real-time, high-resolution imagery of large geographic areas. Northrop Grumman's expertise in autonomous systems, advanced sensors, and integrated mission solutions has made it a preferred choice for defense and intelligence agencies around the world.
 

The company's commitment to developing next-generation technologies, such as AI & ML, enhance the capabilities of its surveillance systems, providing superior situational awareness and decision-making support. Northrop Grumman's strong focus on collaboration with international partners and its ability to tailor solutions to meet specific customer needs have contributed to its significant market share. Moreover, the company's robust supply chain and extensive experience in managing large-scale projects ensure the successful delivery and deployment of airborne surveillance solutions.
 

Airborne Surveillance Market Companies

Major players operating in the airborne surveillance industry are:

  • Lockheed Martin Corporation
  • Northrop Grumman Corporation
  • L3Harris Technologies Inc.
  • Raytheon Technologies Corporation
  • Boeing
  • Thales Group
  • BAE Systems
Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size of airborne surveillance reached USD 6.2 billion in 2023 and is set to grow at over 6% CAGR between 2024 and 2032, led by technological advancements in surveillance systems.

The manned airborne surveillance system segment will register a revenue of over 6 billion by 2032, due to their ability to carry heavier payloads, longer endurance, and the presence of human decision-makers on board.

North America market accounted for a share of over 35% in 2023, due to its advanced defense infrastructure.

Lockheed Martin Corporation, Northrop Grumman Corporation, L3Harris Technologies Inc, Raytheon Technologies Corporation, Boeing among others.

Airborne Surveillance Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 218
  • Countries covered: 21
  • Pages: 210
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