LONDON--(BUSINESS WIRE)--$LLL #AirborneISR--Technavio
has announced the top five leading vendors in their recent global
airborne intelligence, surveillance, and reconnaissance (ISR) market
report. This research report also lists five other prominent vendors
that are expected to impact the market during the forecast period.
With the growing conflicts in several countries and the rising
extremist activities in Egypt, France, and Tunisia, the year 2015 was
marked by crises and instability. Hence, an imperative need has emerged
for the defense authorities to gain control over the surrounding or
neighboring skies, seas, and lands. Consequently, there has been an
emphasis on the need for airborne ISR systems, which are increasingly
being drawn into the inventories of the defense forces, globally.
Competitive vendor landscape
The global airborne
ISR market is characterized by the presence of many global,
regional, and local vendors. The market is highly competitive with all
the players competing to gain the maximum market share. Intense
competition, rapid advances in technology, frequent changes in
government policies, and environmental regulations are key factors that
confront the market growth. In addition, in-house manufacturing
capabilities, global footprint network, product offerings, R&D
investments, and strong client base have become the key areas to have
the edge over the competitors.
“The vendors compete based on cost, product quality, reliability, and
aftermarket service. It is crucial for the vendors to provide
cost-effective and high-quality ISR to survive and succeed in an
intensely competitive market environment,” says Moutushi Saha, a
lead defense
analyst from Technavio.
The growth of the market vendors is dependent on the market conditions,
government support, and industry development. Thus, the vendors should
focus on expanding geographically and improving their products.
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Top five airborne ISR market vendors
BAE Systems
The company was involved in the development of few major airborne ISR
programs such as ARC and Commander SL long-range tactical air defense
radar, which have been employed by several countries around the globe.
L-3 Communications
The company provides secure communications that are equipped with a
number of mission-critical aircraft such as the U-2, P-3, Predator, and
Global Hawk. It provides technical expertise in connecting airborne,
ground, sea-based, and space platforms with secure and real-time
communications.
The company was involved in the development of few major airborne ISR
programs such as FORCE ICS and SPYDR, which have been employed by
several countries around the globe.
Lockheed Martin
The company was involved in the development of few major airborne ISR
programs such as IRST21 sensor system and MLD, which have been employed
by several countries around the globe.
Northrop Grumman
The company was involved in the development of few major airborne ISR
programs such as AESA radar and ALMDS, which have been employed by
several countries around the globe. In 2015, the company separated its
space and airborne ISR businesses into two separate divisions, with one
focused on space ISR and the other on airborne ISR and targeting.
UTC Aerospace Systems
The company was involved in the development of few major airborne ISR
programs such as SYERS-2 multispectral long-range imagery sensor and
DB-110 tactical visible and IR dual-bands, which have been employed by
several countries around the globe.
The other prominent vendors are:
Boeing
General Dynamics
Raytheon
Rockwell Collins
Thales
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obtained from various market participants and stakeholders across the
value chain, including vendors, service providers, distributors,
re-sellers, and end-users.
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