Naval Isr Market
Naval Intelligence, Surveillance and Reconnaissance (ISR) Market Forecasts to 2028 - Global Analysis By Vessel Type (Underwater Vessel Intelligence Surveillance And Reconnaissance (ISR) and Surface Vessel Intelligence Surveillance And Reconnaissance (ISR)), Operation (Commercial and Defense), Application and By Geography
|
Years Covered |
2020-2028 |
|
Estimated Year Value (2022) |
US $15.70 BN |
|
Projected Year Value (2028) |
US $20.80 BN |
|
CAGR (2022 - 2028) |
4.8% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
North America |
|
Fastest Growing Market |
Asia Pacific |
According to Stratistics MRC, the Global Naval ISR Market is accounted for $15.70 billion in 2022 and is expected to reach $20.80 billion by 2028 growing at a CAGR of 4.8% during the forecast period. Naval Intelligence, Surveillance, and Reconnaissance (ISR) systems aid in the detection and tracking of friendly and hostile forces, as well as the assessment of enemy force damage within a certain zone. Additionally, naval ISR contributes to numerous security operations by enhancing situational awareness and hence enhancing military personnel protection.
According to the data released by the Stockholm International Peace Research Institute (SIPRI), world military spending has continued to witness growth in 2021, reaching an all-time high of USD 2.1 trillion.
Market Dynamics:
Driver:
Increasing demand in commercial and defense sectors
The market for naval ISR is expected to expand significantly throughout the projected period, owing to its broad applicability and scope, particularly in the commercial and defence sectors. Naval ISR can be utilized for many different things, including mapping the ocean floor, navigating the ocean floor, identifying hostile threat vessels, and enhancing the situational awareness of both military and commercial naval vessels.
Restraint:
ISRs diversity
The diversity of ISRs is one of their primary issues. Leadership perspective: Managing intelligence, Surveillance & Reconnaissance (ISR) integration, 2020). Different military organisations within the same nation use various ISR systems, which can result in misunderstandings and mistakes. This scenario could become severe, so it's important to assess if it is worthwhile to create a unique system for each of these firms and implement it globally.
Opportunity:
Increasing implementation of artificial intelligence (AI) in ISR
The use of artificial intelligence (AI) systems to track, compute, spot, chart, and execute the most appropriate actions for a ship or vessel and improve existing maritime capabilities are used since oceanic environments are typically unmapped and difficult to traverse. AI can be employed in naval combat to track, map, and frequently engage adversarial ships. The huge rise in recent years in defence spending and procurement plans by different nations along with rising use of artificial intelligence will fuel the market's expansion in the years to come.
Threat:
High cost and maintenance
The high cost of ISR system maintenance could limit market revenue growth throughout the forecast period. High-tech ISR systems may not be incorporated into naval forces because of rising equipment operating and maintenance costs.
Covid-19 Impact
The global naval ISR production industry has been greatly impacted by the COVID-19 outbreak. Various naval ISR manufacturing companies saw a decrease in the number of orders due to a scarcity of components and equipment, causing a disruption in the manufacturing schedules of the naval ISR companies. Furthermore, producers of naval ISR systems faced delivery issues due to border limitations imposed by several countries, as well as bottlenecks in the supply chain.
The surface naval ISR segment is expected to be the largest during the forecast period
The surface naval ISR segment is estimated to have a lucrative growth, due to its extensively usage in command, control and communications system for applications that are non-combatant. In addition to supporting weapon systems, surface naval ISR mission systems are employed for maritime surveillance, security operations, command & combat, and other duties. For littoral security, safety, ocean security, and point, local, and large area defence in fleets, surface ISR activities provide a full spectrum of domain-oriented solutions.
The coastal surveillance segment is expected to have the highest CAGR during the forecast period
The coastal surveillance segment is anticipated to witness the fastest CAGR growth during the forecast period, as it provides coast guards with real-time information related to coastal area activities. ISR systems used for coastal surveillance give full control over a shoreline area by precisely tracking and identifying fast-moving, tiny targets that might enter a coastal area that is not being monitored. The protection of marine life, vital infrastructure, and the environment are all ensured by the surveillance of coastal areas, which provides total situational awareness from the shore.
Region with highest share:
North America is projected to hold the largest market share during the forecast period, owing to the growing adoption of modern technologies in fleets, increased defence spending, and the increasing prevalence of asymmetric threats Additionally, the presence of major market players in the area, including BAE Systems PLC, is assisting the North American market's revenue growth. The expansion of the market in this area is anticipated to be fueled by the rise in the purchase of ISR systems for submarines and the installation of systems to transmit and receive real-time ISR data to enhance military capabilities.
Region with highest CAGR:
Asia Pacific is projected to have the highest CAGR over the forecast period, owing to the rising focus placed by countries such as India, China, and Japan on maintaining strategic presence in respective oceanic zones. Furthermore, rising cross-border tensions and illicit commerce through marine channels are propelling industry expansion in the region.
Key players in the market
Some of the key players profiled in the Naval ISR Market include Atlas Elektronik, BAE Systems, General Dynamics Corporation, L3 Harris Technologies, Leonardo DRS, Lockheed Martin Corporation, Northrop Grumman, Raytheon, Thales Group, Ultra Electronics
Key Developments:
In August 2022, a real-time ISR data network contract has been signed between the US Navy as well as BAE Systems. BAE Systems has been awarded a contract of USD 42.6 million for manufacturing seven Network Tactical Common Data Link Systems (NTCDL) which shall enable the Navy to transmit and receive real-time intelligence, surveillance, and reconnaissance data from multiple sources and enables the exchange of command-and-control information over multiple data links.
In June 2021, The US Army has hired L3 and Raytheon to demonstrate, develop, manufacture, and integrate prototype electronic intelligence (ELINT) and communications intelligence (COMINT) sensors on a new version of the HADES intelligence, surveillance, and reconnaissance (ISR) Multi-Domain Sensing System (MDSS).
Vessel Types Covered:
• Underwater Vessel Intelligence Surveillance And Reconnaissance (ISR)
• Surface Vessel Intelligence Surveillance And Reconnaissance (ISR)
Operations Covered:
• Commercial
• Defense
Applications Covered:
• Critical Infrastructure Protection
• Coastal Surveillance
• Disaster Relief
• Search & Rescue Operation
• Maritime Monitoring
• Tactical Support
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Naval ISR Market, By Vessel Type
5.1 Introduction
5.2 Underwater Vessel Intelligence Surveillance And Reconnaissance (ISR)
5.3 Surface Vessel Intelligence Surveillance And Reconnaissance (ISR)
6 Global Naval ISR Market, By Operation
6.1 Introduction
6.2 Commercial
6.3 Defense
7 Global Naval ISR Market, By Application
7.1 Introduction
7.2 Critical Infrastructure Protection
7.3 Coastal Surveillance
7.4 Disaster Relief
7.5 Search & Rescue Operation
7.6 Maritime Monitoring
7.7 Tactical Support
7.8 Other Applications
8 Global Naval ISR Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Atlas Elektronik
10.2 BAE Systems
10.3 General Dynamics Corporation
10.4 L3 Harris Technologies
10.5 Leonardo DRS
10.6 Lockheed Martin Corporation
10.7 Northrop Grumman
10.8 Raytheon
10.9 Thales Group
10.10 Ultra Electronics
List of Tables
1 Global Naval ISR Market Outlook, By Region (2020-2028) ($MN)
2 Global Naval ISR Market Outlook, By Vessel Type (2020-2028) ($MN)
3 Global Naval ISR Market Outlook, By Underwater Vessel Intelligence Surveillance And Reconnaissance (ISR) (2020-2028) ($MN)
4 Global Naval ISR Market Outlook, By Surface Vessel Intelligence Surveillance And Reconnaissance (ISR) (2020-2028) ($MN)
5 Global Naval ISR Market Outlook, By Operation (2020-2028) ($MN)
6 Global Naval ISR Market Outlook, By Commercial (2020-2028) ($MN)
7 Global Naval ISR Market Outlook, By Defense (2020-2028) ($MN)
8 Global Naval ISR Market Outlook, By Application (2020-2028) ($MN)
9 Global Naval ISR Market Outlook, By Critical Infrastructure Protection (2020-2028) ($MN)
10 Global Naval ISR Market Outlook, By Coastal Surveillance (2020-2028) ($MN)
11 Global Naval ISR Market Outlook, By Disaster Relief (2020-2028) ($MN)
12 Global Naval ISR Market Outlook, By Search & Rescue Operation (2020-2028) ($MN)
13 Global Naval ISR Market Outlook, By Maritime Monitoring (2020-2028) ($MN)
14 Global Naval ISR Market Outlook, By Tactical Support (2020-2028) ($MN)
15 Global Naval ISR Market Outlook, By Other Applications (2020-2028) ($MN)
16 North America Naval ISR Market Outlook, By Country (2020-2028) ($MN)
17 North America Naval ISR Market Outlook, By Vessel Type (2020-2028) ($MN)
18 North America Naval ISR Market Outlook, By Underwater Vessel Intelligence Surveillance And Reconnaissance (ISR) (2020-2028) ($MN)
19 North America Naval ISR Market Outlook, By Surface Vessel Intelligence Surveillance And Reconnaissance (ISR) (2020-2028) ($MN)
20 North America Naval ISR Market Outlook, By Operation (2020-2028) ($MN)
21 North America Naval ISR Market Outlook, By Commercial (2020-2028) ($MN)
22 North America Naval ISR Market Outlook, By Defense (2020-2028) ($MN)
23 North America Naval ISR Market Outlook, By Application (2020-2028) ($MN)
24 North America Naval ISR Market Outlook, By Critical Infrastructure Protection (2020-2028) ($MN)
25 North America Naval ISR Market Outlook, By Coastal Surveillance (2020-2028) ($MN)
26 North America Naval ISR Market Outlook, By Disaster Relief (2020-2028) ($MN)
27 North America Naval ISR Market Outlook, By Search & Rescue Operation (2020-2028) ($MN)
28 North America Naval ISR Market Outlook, By Maritime Monitoring (2020-2028) ($MN)
29 North America Naval ISR Market Outlook, By Tactical Support (2020-2028) ($MN)
30 North America Naval ISR Market Outlook, By Other Applications (2020-2028) ($MN)
31 Europe Naval ISR Market Outlook, By Country (2020-2028) ($MN)
32 Europe Naval ISR Market Outlook, By Vessel Type (2020-2028) ($MN)
33 Europe Naval ISR Market Outlook, By Underwater Vessel Intelligence Surveillance And Reconnaissance (ISR) (2020-2028) ($MN)
34 Europe Naval ISR Market Outlook, By Surface Vessel Intelligence Surveillance And Reconnaissance (ISR) (2020-2028) ($MN)
35 Europe Naval ISR Market Outlook, By Operation (2020-2028) ($MN)
36 Europe Naval ISR Market Outlook, By Commercial (2020-2028) ($MN)
37 Europe Naval ISR Market Outlook, By Defense (2020-2028) ($MN)
38 Europe Naval ISR Market Outlook, By Application (2020-2028) ($MN)
39 Europe Naval ISR Market Outlook, By Critical Infrastructure Protection (2020-2028) ($MN)
40 Europe Naval ISR Market Outlook, By Coastal Surveillance (2020-2028) ($MN)
41 Europe Naval ISR Market Outlook, By Disaster Relief (2020-2028) ($MN)
42 Europe Naval ISR Market Outlook, By Search & Rescue Operation (2020-2028) ($MN)
43 Europe Naval ISR Market Outlook, By Maritime Monitoring (2020-2028) ($MN)
44 Europe Naval ISR Market Outlook, By Tactical Support (2020-2028) ($MN)
45 Europe Naval ISR Market Outlook, By Other Applications (2020-2028) ($MN)
46 Asia Pacific Naval ISR Market Outlook, By Country (2020-2028) ($MN)
47 Asia Pacific Naval ISR Market Outlook, By Vessel Type (2020-2028) ($MN)
48 Asia Pacific Naval ISR Market Outlook, By Underwater Vessel Intelligence Surveillance And Reconnaissance (ISR) (2020-2028) ($MN)
49 Asia Pacific Naval ISR Market Outlook, By Surface Vessel Intelligence Surveillance And Reconnaissance (ISR) (2020-2028) ($MN)
50 Asia Pacific Naval ISR Market Outlook, By Operation (2020-2028) ($MN)
51 Asia Pacific Naval ISR Market Outlook, By Commercial (2020-2028) ($MN)
52 Asia Pacific Naval ISR Market Outlook, By Defense (2020-2028) ($MN)
53 Asia Pacific Naval ISR Market Outlook, By Application (2020-2028) ($MN)
54 Asia Pacific Naval ISR Market Outlook, By Critical Infrastructure Protection (2020-2028) ($MN)
55 Asia Pacific Naval ISR Market Outlook, By Coastal Surveillance (2020-2028) ($MN)
56 Asia Pacific Naval ISR Market Outlook, By Disaster Relief (2020-2028) ($MN)
57 Asia Pacific Naval ISR Market Outlook, By Search & Rescue Operation (2020-2028) ($MN)
58 Asia Pacific Naval ISR Market Outlook, By Maritime Monitoring (2020-2028) ($MN)
59 Asia Pacific Naval ISR Market Outlook, By Tactical Support (2020-2028) ($MN)
60 Asia Pacific Naval ISR Market Outlook, By Other Applications (2020-2028) ($MN)
61 South America Naval ISR Market Outlook, By Country (2020-2028) ($MN)
62 South America Naval ISR Market Outlook, By Vessel Type (2020-2028) ($MN)
63 South America Naval ISR Market Outlook, By Underwater Vessel Intelligence Surveillance And Reconnaissance (ISR) (2020-2028) ($MN)
64 South America Naval ISR Market Outlook, By Surface Vessel Intelligence Surveillance And Reconnaissance (ISR) (2020-2028) ($MN)
65 South America Naval ISR Market Outlook, By Operation (2020-2028) ($MN)
66 South America Naval ISR Market Outlook, By Commercial (2020-2028) ($MN)
67 South America Naval ISR Market Outlook, By Defense (2020-2028) ($MN)
68 South America Naval ISR Market Outlook, By Application (2020-2028) ($MN)
69 South America Naval ISR Market Outlook, By Critical Infrastructure Protection (2020-2028) ($MN)
70 South America Naval ISR Market Outlook, By Coastal Surveillance (2020-2028) ($MN)
71 South America Naval ISR Market Outlook, By Disaster Relief (2020-2028) ($MN)
72 South America Naval ISR Market Outlook, By Search & Rescue Operation (2020-2028) ($MN)
73 South America Naval ISR Market Outlook, By Maritime Monitoring (2020-2028) ($MN)
74 South America Naval ISR Market Outlook, By Tactical Support (2020-2028) ($MN)
75 South America Naval ISR Market Outlook, By Other Applications (2020-2028) ($MN)
76 Middle East & Africa Naval ISR Market Outlook, By Country (2020-2028) ($MN)
77 Middle East & Africa Naval ISR Market Outlook, By Vessel Type (2020-2028) ($MN)
78 Middle East & Africa Naval ISR Market Outlook, By Underwater Vessel Intelligence Surveillance And Reconnaissance (ISR) (2020-2028) ($MN)
79 Middle East & Africa Naval ISR Market Outlook, By Surface Vessel Intelligence Surveillance And Reconnaissance (ISR) (2020-2028) ($MN)
80 Middle East & Africa Naval ISR Market Outlook, By Operation (2020-2028) ($MN)
81 Middle East & Africa Naval ISR Market Outlook, By Commercial (2020-2028) ($MN)
82 Middle East & Africa Naval ISR Market Outlook, By Defense (2020-2028) ($MN)
83 Middle East & Africa Naval ISR Market Outlook, By Application (2020-2028) ($MN)
84 Middle East & Africa Naval ISR Market Outlook, By Critical Infrastructure Protection (2020-2028) ($MN)
85 Middle East & Africa Naval ISR Market Outlook, By Coastal Surveillance (2020-2028) ($MN)
86 Middle East & Africa Naval ISR Market Outlook, By Disaster Relief (2020-2028) ($MN)
87 Middle East & Africa Naval ISR Market Outlook, By Search & Rescue Operation (2020-2028) ($MN)
88 Middle East & Africa Naval ISR Market Outlook, By Maritime Monitoring (2020-2028) ($MN)
89 Middle East & Africa Naval ISR Market Outlook, By Tactical Support (2020-2028) ($MN)
90 Middle East & Africa Naval ISR Market Outlook, By Other Applications (2020-2028) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
