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Military Sensor Market Analysis

Report ID: GMI7249 Published Date: November 2023Report Format: PDF
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Military Sensor Market Analysis

Military Sensor Market Size, By Application, 2021 - 2032, (USD Billion)

Based on application, the market is segmented into combat operations, command & control, communication & navigation, electronic warfare, Intelligence, Surveillance & Reconnaissance (ISR), and target recognition. The command & control segment dominated the global market in 2022, accounting for a share of over 25%.

  • Command & Control (C2) systems are experiencing significant growth in the context of military sensor technology. With the increasing sophistication and deployment of military sensors, the volume of data generated has surged, presenting a pressing need for effective data management. Command & control systems enable the processing, analyzing, and disseminating of this data, providing decision-makers with valuable insights and actionable information in real time. Rapid decision-making is a cornerstone of modern military operations, and advanced command & control systems, when integrated with sensor networks, facilitate swift & informed responses to evolving situations on the battlefield.
  • Cybersecurity has become increasingly vital as digital networks and data sharing grow with command & control systems evolving to address these security challenges and protect sensitive military information. The integration of artificial intelligence and automation into these systems further streamlines the processing of sensor data, enhancing their efficiency and supporting more informed & data-driven decision-making. Ultimately, the growth of command & control systems is intricately linked to the advancements in military sensor technology, together providing the military with a formidable array of capabilities, superior coordination & overall improved performance in contemporary warfare scenarios.
Military Sensor Market Share, By End Use, 2022

Based on end use, the market is divided into airborne, land, and naval. The naval segment held a dominant market share in 2022 and is expected to register a CAGR of 8% through 2032.

  • Naval operations rely heavily on advanced sensor technologies to ensure maritime security, enhance situational awareness, and maintain a competitive edge in modern warfare. The proliferation of global maritime threats, such as piracy, smuggling, and territorial disputes, necessitates the deployment of state-of-the-art sensors for early detection and response. These factors propel the growth of this segment in the military sensor market.
  • The growing emphasis on naval modernization programs in various countries has led to increased investments in sensor systems for ships and submarines. These sensors encompass a wide range of applications, from sonar systems for underwater surveillance to radar and electro-optical sensors for above-water reconnaissance. The integration of AI and network-centric capabilities further enhances the effectiveness of these sensors, enabling better data fusion and communication, and ultimately bolstering naval capabilities & security in an evolving & challenging maritime environment.
US Military Sensor Market Size, 2021-2032, (USD Billion)

North America dominated the global market with a share of over 30% in 2022. The region is witnessing substantial growth in the military sensor market, which is driven by several factors. First, the U.S., as a major global military power, continually invests in cutting-edge sensor technologies to maintain its military superiority. This includes funding for research & development, procurement, and modernization programs. Additionally, North America is a hub for innovation and technology, attracting leading sensor manufacturers & developers. The region's emphasis on interoperability and network-centric warfare further stimulates demand for advanced sensor systems. Moreover, the rising importance of border security and surveillance in North America has fueled the adoption of state-of-the-art sensors to address evolving security threats. These factors collectively contribute to the robust growth of military sensors in North America.

Author: Suraj Gujar , Sandeep Ugale
Frequently Asked Question(FAQ) :

What is the size of military sensor market?+

The market size for military sensor was valued at over USD 10 billion in 2022 and is estimated to register a CAGR of over 6% between 2023 and 2032.

Why is North America emerging as a lucrative avenue for military sensor market players?+

North America market size for military sensor was over 30% in 2022 and is witnessing substantial growth, as the U.S. is a major military power, that continually invests in cutting-edge sensor technologies to maintain its military superiority. The funding for research & development, procurement, and modernization programs as well as innovation and technology the drive the industry growth.

How is command & control application driving the demand in military sensor industry?+

The command & control segment accounted for a share of over 25% in 2022 and will continue to grow through 2032. Command & control systems enable the processing, analyzing, and disseminating of humongous data, providing decision-makers with valuable insights and actionable information in real time.

Which companies define the competitive landscape of military sensor industry?+

BAE Systems, Curtiss-Wright, Esterline Technologies, General Electric, Honeywell International, Lockheed Martin, and Raytheon.

Military Sensor Market Scope

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