Military Sensor Market Research Report

 

As per the GMI Research's latest analysis, Global Military Sensor Market reveals that the market is slated to register a significant CAGR over the forecast period. This is attributed to the high adoption of UAVs in modern warfare, the rapid modernization and advancement in micro-electromechanical systems (MEMS), and the rising need for battlespace awareness among defense forces.

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Military Sensor Market’s leading Manufacturers:

·        Honeywell International Inc.

·        Lockheed Martin Corporation

·        TE Connectivity Ltd.

·        Kongsberg Gruppen

·        Raytheon Company

·        Thales Group

·        Ultra Electronics Holdings

·        General Electric Company

·        Esterline Technologies Corporation

·        BAE Systems PLC

Military Sensor Market Dynamics (including market size, share, trends, growth, forecast, and industry analysis)

Key Drivers

The high adoption of UAVs in modern warfare, the rapid modernization and advancement in micro-electromechanical systems (MEMS), and the rising need for battlespace awareness among defense forces are the prominent factors responsible for the growth of the military sensor market. The high adoption of MEMS-based devices is developing micro gyros for positioning and navigations, micromirrors for steering laser beams, and microbolometers for infrared imaging. MEMS fabrication techniques allow engineers to reduce mechanical components and coordinated them with microelectronics, thus empowering modern capabilities and upgrading execution. Furthermore, the high demand for new generation missile and air defense systems and the increasing incorporation of anti-jamming specifications with navigation systems are some other factors stimulating the market growth in the upcoming years. However, the factors hampering the growth of the market include decreasing defense budgets of several North American and European economies and limited accuracy and operation complexities regarding MEMS navigations sensors.

Component Segment Drivers

On the basis of the component, the software segment is projected to increase at a faster CAGR over the coming years due to the high demand for real-time processing and analyzing data via machine learning (ML) and artificial intelligence (AI). These software technologies aid military sensors to distinguish between two objects.

Range Segment Drivers

Based on the range, the <50 km segment is predicted to rise at a higher CAGR in the coming years due to the strong demand for military sensors from economies like China, India, and the US, as they derive procuring military aircraft.

Military Sensor Market Segmentation:

Segmentation by Component:

·        Hardware

o    Sensors

§   Radars

§   Infrared Cameras

§   Laser Rangefinders

§   Laser Target Designators

§   Seismic Sensors

§   Acoustic Sensors

§   Magnetic Sensors

§   Sonars

§   Lidar

§   Pressure Sensors

§   Temperature Sensors

§   Torque Sensors

§   Speed- Sensor

§   Position Or Displacement Sensors

§   Accelerometers

§   Gyroscopes

§   Gps Sensor

§   Pitot Probes

§   Proximity Sensors

§   Smoke Detectors

§   Particle Sensors

§   Gas Sensors

§   Others

o    Storage

o    Processors

o    Networks

·        Software

o    Data Fusion

o    Data Processing

·        Cybersecurity Solutions

Segmentation by Platform:

·        Airborne

o    Fighter Aircraft

o    Helicopters

o    Combat Support Aircraft

o    Unmanned Aerial Vehicles

·        Land

o    Armored Ground Vehicles

o    Combat Support Vehicles

o    Unmanned Ground Vehicles (UGVS

o    Operating Bases

o    Soldiers

·        Naval

o    Combat Ships

o    Combat Support Ships

o    Submarines

o    Unmanned Marine Vehicles (UMVS)

·        Space

·        Munitions

o    Rockets & Missiles

o    Guided Ammunition

o    Torpedoes

o    Artillery Systems

Segmentation by Application:

·        Intelligence & Reconnaissance

·        Communication & Navigation

·        Combat Operations

·        Electronic Warfare

·        Target Recognition

·        Command & Control

·        Surveillance & Monitoring

Segmentation by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is one of the leading market research and consulting company that offers consulting services, syndicated research reports, and customized market research reports. We help our client to make informed business decisions and provide market intelligence studies related to the various industries such as automotive, energy, healthcare, chemicals, technology, and other sectors. Our research teams include seasoned analysts and researchers have hands-on experience in every regions, including Asia-pacific, Europe, North America, and the Rest of the World. Our market research report provides in-depth analysis, which contains refined forecasts, a bird's eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.

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