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North America Holds Major Market Share in Airborne Intelligence Surveillance and Reconnaissance (ISR) Industry

2021 - 2028 Global Airborne Intelligence Surveillance and Reconnaissance (ISR) Market

2021 - 2028 Global Airborne Intelligence Surveillance and Reconnaissance (ISR) Market

HYDERABAD, TELANGANA, INDIA, December 29, 2021 / -- Airborne Intelligence Surveillance and Reconnaissance (ISR) Market Forecasts to 2028 – Global Analysis by Solution (Systems, Service, and Software), Aircraft Type, Fuel Type, Type, Platform, Application, End User and By Geography

According to Stratistics MRC, the Global Airborne Intelligence Surveillance and Reconnaissance (ISR) Market is accounted for $23.26 billion in 2020 and is expected to reach $36.52 billion by 2028 growing at a CAGR of 5.8% during the forecast period. Some of the factors such as Growing application of ISR by government agencies, increased acquisitions of UAVs, rising integration of Android and iOS-based devices are propelling the market growth. However, the complexity of data sets and issues associated with maritime surveillance radar is hampering the market growth.

Some of the key players profiled in the Airborne Intelligence Surveillance and Reconnaissance (ISR) Market include Airbus Defence and Space, BAE Systems PLC, Boeing Company, CACI International, Inc., Elbit Systems Ltd., FLIR Systems, Inc., General Atomics, General Dynamics Corporation, Harris Corporation, Kratos Defense & Security Solutions, Inc., L3Harris Technologies, Inc., Lockheed Martin Corporation, Northrop Grumman Corporation, Thales Raytheon Systems, and UTC Aerospace Systems.

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