Military Sensor Market Research Report
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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)
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