Certified Global Research Member
Key Questions Answered
- Global Market Outlook
- In-depth analysis of global and regional trends
- Analyze and identify the major players in the market, their market share, key developments, etc.
- To understand the capability of the major players based on products offered, financials, and strategies.
- Identify disrupting products, companies, and trends.
- To identify opportunities in the market.
- Analyze the key challenges in the market.
- Analyze the regional penetration of players, products, and services in the market.
- Comparison of major players’ financial performance.
- Evaluate strategies adopted by major players.
- Recommendations
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
The development, advancement, and cutthroat climate of the military UAV sensor market are essentially influenced by various basic factors that work inside the safeguard area. Mechanical progressions are the transcendent impetuses in this market. The development of UAV sensors is pushed by continuous headways in sensor innovation, including the formation of hyperspectral imaging frameworks, EO/IR cameras with higher goals, radar frameworks, and refined signal handling capacities. These improvements assume a urgent part in tending to the changing prerequisites of protection applications, impelling the advancement and execution of further developed and effective sensor frameworks for UAVs in the military.
Besides, the rising spotlight on further developing observation and reconnaissance functionalities is a significant impetus for the requirement for military UAV sensors. The sensors being referred to are critical as they outfit military powers with situational mindfulness, target securing abilities, and continuous insight. Market factors are affected by the necessity for automated UAVs to gather crucial information, supervise activities, and distinguish potential dangers across different scenes and conditions. Accordingly, ventures and improvements in sensor advances are coordinated towards fulfilling the developing needs of safeguard applications.
Besides, the military UAV sensor area is significantly impacted by market factors that are impelled by advancing security dangers and the unique idea of contentions. Modern observation and recognition capacities are important to counter offside dangers, hilter kilter fighting, and counterinsurgency tries. The use of military UAV sensors is urgent to upgrade knowledge, recognize, and identify expected dangers. Subsequently, market factors are affected by the expanded interest for sensors that can work effectively in troublesome and complex conditions.
Further, market elements in the military UAV sensor industry are considerably affected by administrative guidelines and consistency commitments. Sensors intended for UAVs planned for military utilize should adjust to thorough quality, wellbeing, and functional standards to ensure reliability, accuracy, and adherence to safeguard guidelines. To guarantee that their sensors fit the bill for safeguard contracts, producers distribute assets towards fulfilling these thorough guidelines, accordingly, applying an effect on acquisition choices and market elements through the requirement of such principles.
Cost contemplations fundamentally impact market elements in the military UAV sensor industry. While seeking after practical arrangements, protection organizations attempt to keep up with execution and quality principles. Upper hand is obtained by producers who offer seriously estimated superior execution sensors; this benefit is appeared as market impact, as it draws in guard organizations that are looking for esteem situated arrangements.
Further, tries committed to innovative work (Research and development) cultivate seriousness and advancement on the lookout for military UAV sensors. Organizations keep an upper hand by putting resources into Research and development drives that upgrade sensor innovations, capacities, capacities coordination, and cost decrease, as well as the combination of refined highlights. Market factors are significantly impacted by ceaseless improvements in sensor scaling down, upgraded usefulness, information handling, and reconciliation, which move the development of UAV sensor frameworks that are more adaptable and proficient.
Mechanical progressions, the interest for further developed observation abilities, changing guard prerequisites, administrative consistence, cost-viability, and ceaseless advancement all impact market factors in the military UAV sensor area. In a time where safeguard prerequisites proceed to change and focus on precision, adaptability, and upgraded observation functionalities, the progression and execution of UAV sensor innovation will endure as urgent determinants of market elements and project workers' future military UAV sensor arrangements.
Military UAV Sensor Market Highlights:
Global Military UAV Sensor Market Overview
Military UAV Sensor Market Size was valued at USD 2.03 billion in 2022. The Military UAV Sensor Market is projected to grow to USD 3.37 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.80% during the forecast period (2022 - 2032).
The sensor is a device that detects physical input, such as light, heat, motion, moisture, pressure, or any other entity, and responds by producing an output on display or transmits the information in electronic form for further processing. Sensors are used in unmanned aerial vehicles to cater different functions such as navigation, collision avoidance, and data acquisition. Image sensor systems are currently trending in the market and are expected to be of significant importance, particularly in battlefield monitoring. Another important application of the UAV sensors is laser scanning, which covers large areas of terrains, such as steep gullies and cliffs, which is widely used due to its high accuracy in measuring distance.
Of late, high investments are being made in the development of military UAVs, which would witness rapid growth during the forecast period. However, one of the major restraints of the market is the stringent regulations made by the local aviation regulatory bodies. Moreover, in recent years, the defense sectors of various countries are making significant investments to increase their Unmanned Aerial Vehicle (UAV) fleet. The benefit of sensor technologies is that they help in improving the overall UAV architecture.
Therefore, it is important for UAV manufacturers to have competent sensors technology in unmanned aerial vehicles. For instance, in 2017, Raytheon signed a contract with the US Department of Defense (DoD), to modify and retrofit the sensors on the Global Hawk UAV. Similarly, in 2016, TE Connectivity acquired Jaquet Technology Group, to design and develop sensors for military applications. The acquisition helped the company to acquire expertise in sensor technologies. The increasing investments in military UAVs, such as combat drones, will offer new growth opportunities to the market players.
One of the factors responsible for the growth of the military UAV sensor market is the increasing number of military drones, such as combat drones, tactical drones, and target drones. The sensor market is dominated by the electronics industry. Companies are strategically setting up their electronic manufacturing plants in the Asia Pacific region to avail various benefits, such as low cost of raw materials and availability of cheap labor. There were several contracts that fueled market growth. For instance, in 2017, Kratos Defense & Security Solutions Inc. signed a contract with Defense Innovation Unit Experimental for the integration of certain sensors in high-speed drones.
The military UAV sensor market has been segmented into UAV type, sensor type, technology type, application, and region. Based on UAV type, the High-Altitude Long Endurance (HALE) UAVs are widely used and comprise the largest share in the market due to enhanced flying capability and high endurance. HALE UAV can fly as high as 60,000 feet and are durable for a 32-hour mission. Based on sensor type, it is expected that the radar sensors are expected to witness the largest demand in the global market, during the forecast period, due to increasing adoption of radar sensors for various applications.
Segmentation of the Global Military UAV Sensor Market
Radar sensors can transmit radio frequency and interpret the return frequency to understand the earth’s surface properties. Radar sensors provide unique advantages in varied applications in aerospace & defense. Based on application, the navigation market segment is expected to account for the largest market share due to the increased usage of the inertial sensor in the architecture of unmanned aerial vehicles. As inertial sensors are worked on the principle of gyroscope to navigate and estimate the properties of the terrain.
Based on technology, Micro Electromechanical Systems (MEMS) are expected to dominate the market during the forecast period, as it is comprising the pressure sensor, accelerometer, gyroscope, pressure sensor, and biosensor for guiding, navigating, and controlling an autonomous UAV. Additionally, it consumes less power and has high navigation sensitivity, which makes UAV applicable for extremely demanding applications and environment.
Based on region, the market has been segmented into North America, Asia Pacific, Europe, Middle East & Africa, and Latin America. North America is expected to dominate the market in the future, due to its high deployment of UAVs for military applications. As a result, there is a large-scale development of sensors, such as image sensor, radar sensor, motion sensor, and optical sensor, which are integrated with UAV. Asia-Pacific is expected to follow North America due to the recent investments by companies on R&D and expanding electronics industry.
Intended Audience
- UAV manufacturers
- Drone service providers
- Software developers
- Component providers
- Regulatory bodies
- Government authorities
- Research institutes
- Regulatory bodies
Key Players
The key players in the global military UAV sensor market are TE Connectivity (Switzerland), Raytheon Company (US), Thales Group (France), Lockheed Martin (US), AeroVironment (US), General Atomics (US), FLIR Systems (US), Elbit Systems (Israel), Kratos Defense & Security Solutions (US), Northrop Grumman Corporation (US), Honeywell International Inc. (US), and Safran Electronics & Defense (France).
Research Methodology
The market values and forecasts are derived using MRFR research methodology, which includes secondary research, primary interviews, data triangulation, and validation from an in-house data repository and statistical modeling tools.
Secondary Research
In this process, data is collected from various secondary sources, including annual reports, SEC filings, journals, government associations, aerospace & defense magazines, white papers, corporate presentations, company websites, and paid databases.
Primary Research
In this process, both the demand- and supply-side parties are interviewed to extract facts and insights into the market forecast, production, trends, and projected market growth. Industry stakeholders such as CEOs, VPs, directors, and marketing executives across the value chain are approached to obtain key information.
Key Insights
- Market sizing, forecast, and analysis: detailed coverage of the market segment and sub-segments
- Regional/country trends and forecast: detailed analysis of the market in North America, Asia-Pacific, Europe, the Middle East & Africa, and Latin America, along with key countries in each region
- Market dynamics intelligence: market drivers, opportunities, trends, restraints, Porter’s five forces, supply chain, and value chain analysis
- Technology trends, regulatory landscape, and patent analysis outlook
- Competitive intelligence: market share analysis, financial analysis, product benchmarking, and strategic developments including joint ventures, product launches, and mergers & acquisitions
- Regional attractiveness and related growth opportunities
Report Customization MRFR offers report customization to valued customers. Below are the options available for customization: Company Profiles In-depth profiling of additional market players (3 to 4 companies) Country-Level Analysis Detailed analysis of a country-level market and related segments as per the report scope (subject to data availability)
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
