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Military Sensor Market Trends

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

The military sensor industry is experiencing significant shifts driven by technological advancements and evolving security requirements. One prominent trend is the miniaturization and weight reduction of sensors, making them more versatile and adaptable across a range of military platforms including drones & unmanned systems. Multi-sensor fusion is becoming increasingly prevalent, allowing for more comprehensive situational awareness and higher accuracy in target tracking through the integration of various sensor types such as radar, infrared, and LiDAR. The incorporation of Artificial Intelligence (AI) and Machine Learning (ML) is enhancing sensor capabilities, particularly in threat detection and decision support.

The military is also moving toward a network-centric approach, where sensors are interconnected, enabling real-time data sharing and comprehensive battlefield awareness. As the risk of cyberattacks grows, there is a heightened focus on cybersecurity features within sensor systems to protect sensitive data and prevent unauthorized access. Additionally, remote sensing and satellite technologies play a pivotal role in providing valuable Intelligence, Surveillance, and Reconnaissance (ISR) capabilities to support global military operations. Autonomous sensors, designed for unmanned vehicles, are on the rise, further enhancing autonomy and decision-making capabilities. These trends collectively reflect the increasing need for advanced, adaptable, and interconnected sensor systems to meet the demands of modern warfare.

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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