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Intelligence Surveillance Reconnaissance (ISR) Market Share

Report ID: GMI7569
Published Date: Dec 2023
Report Format: PDF

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Intelligence Surveillance Reconnaissance Market Share

Major players operating in the intelligence surveillance reconnaissance industry are:

BAE Systems
Boeing
Elbit Systems Ltd.
General Dynamics Corporation
L3Harris Technologies, Inc.
Lockheed Martin Corporation
Thales

Firms operating in the intelligence surveillance reconnaissance sector are actively pursuing various strategic measures to enhance their position in the market. Moreover, these companies are some of the dominating companies due to their extensive experience, cutting-edge technologies, and comprehensive ISR solutions. These companies have a proven track record in delivering high-performance platforms, sensors, and integrated systems, meeting the diverse needs of defense, security, and intelligence applications. Furthermore, General Dynamics Corporation holds around 10% market share due to its expertise in providing advanced sensor systems, intelligence solutions, and integrated platforms for defense and security applications.

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

The market size for intelligence surveillance reconnaissance was valued at USD 40.2 billion in 2022 and is anticipated to record over 6% CAGR between 2023 and 2032 attributed to the rapid integration of advanced technologies.

The sensors segment accounted for a market share of around 40% in 2022 and is poised for substantial growth through 2032, owing to the advancements in sensor technologies with features such as high-resolution imaging, multispectral capabilities, and improved signal processing.

North America market size for intelligence surveillance reconnaissance was USD 13 billion in 2022 and is projected to experience significant growth through 2032 due to big defense budgets, technological advancements, and the evolving threat landscape.

BAE Systems, Boeing, Elbit Systems Ltd., General Dynamics Corporation, L3Harris Technologies, Inc., Lockheed Martin Corporation, and Thales.