Global Military and Aerospace Sensors Market Report: By Type (Pressure Sensors, Temperature Sensors, Torque Sensors, Speed Sensors, Accelerometers, Level Sensors, Flow Sensors, Proximity Sensors, Gyroscopes, Radar Sensors, Magnetic Sensors and Others), Platform (Airborne, Land, Naval and Space), Application (Intelligence Reconnaissance, Communication & Navigation, Combat Operations, Electronic Warfare, Target Recognition, Command and Control and Surveillance & Monitoring), End-Use (OEM and Aftermarket) and Region (North America, Europe, Asi

Military And Aerospace Sensors Market Scenario

Military And Aerospace Sensors Market Size Projected to Reach USD 3.01 Billion By 2030, At A CAGR Of 12.05% By 2020-2030

Sensors are the viral component of many military and aerospace systems. The defense intelligence, surveillance, and reconnaissance systems that are deployed on national borders/in remote areas are connected through wireless networks that provide real-time data that requires several sensors. Moreover, new and advanced aircraft are making use of sensors such as pressure sensors, temperature sensors, speed sensors, accelerometers, level sensors, flow sensors, gyroscopes, and radar sensors for efficient aircraft operation.

Market Synopsis

Global Military and Aerospace Sensors Market has witnessed high growth in recent years owing to the increasing demand for new aircraft and military land vehicles across the globe. Moreover, the increasing demand for military vessels and ongoing advancements in sensor technology are some factors driving the growth of the market. However, the existing backlog of aircraft deliveries and restricted defense budgets are expected to restrain the market growth to some extent.

Market USP

High dependency on military and aerospace systems on sensors for efficient operations

Market Drivers

• Increasing demand for new aircraft across the globe: There has been an increase in air passenger traffic for the past few years in the developing countries. Therefore, to cater to the rising number of passengers, there has been a corresponding increase in the demand for new aircraft. Moreover, the sensors are an integral part of the aircraft. Thus, the increasing demand for new aircraft is expected to drive the market growth.

• Ongoing advancements in sensor technology

• Increasing demand for military vessels

Market Opportunities

• Increasing adoption of the internet of things in the aviation industry

Segmentation

By Application

• Intelligence & Reconnaissance: The segment dominated the military and aerospace sensors market in 2019. Intelligence & reconnaissance systems collect information from various sensors and analyses to provide guidance and direction to assist commanders and aircraft operators in their decisions.

• Communication & Navigation: The segment is expected to register higher growth during the forecast period from 2019 to 2026. Communication & navigation systems use sensors to provide appropriate communication, networking, and collaborative tools for effective communication and navigation.

• Electronic Warfare: The segment is expected to register the highest growth during the forecast period from 2019 to 2026. Electronic warfare is a military action that involves the use of electromagnetic energy to determine, exploit, reduce, or prevent the hostile use of the electromagnetic spectrum by the enemy. Moreover, naval vessels and stealth aircraft that are difficult to detect can be easily detected using electronic warfare systems.

• Command and Control: The segment is expected to register steady growth during the forecast period from 2019 to 2026. Command and control systems are used to plan, coordinate, and control military forces and assets by using the information collected from various sensors.

By Platform

• Airborne: The airborne segment is expected to register the highest CAGR during the forecast period. The airborne systems make use of sensors for unmanned aerial vehicles, aerostats, and helicopters. The sensors mounted on these platforms detect and continuously monitor, record, and analyze activity on the ground.

• Land: The segment dominated the military and aerospace sensors market in 2019. The land-based systems use radar, unmanned ground vehicles, unattended ground sensors, and target detection for military organizations and surveillance agencies to collect tactical information.

• Naval: The segment is expected to register the highest growth during the forecast period, 2019 to 2026. This is due to the increasing adoption of maritime communication, command, control, intelligence, and reconnaissance systems by military agencies globally.

• Space: The segment is expected to witness steady growth during the forecast period, 2019 to 2026. Space-based systems use satellites that carry payloads and offer voice or data communication and optical imagery. They offer communication, surveillance, and reconnaissance capabilities.

By Region

• North America: North America dominates the military and aerospace sensors market. This trend is projected to continue during the forecast period due to the presence of prominent players such as Honeywell International Inc., Ametek, Inc., and Raytheon Company and their significant investments in the development of the military and aerospace sensors.

• Europe: The increasing adoption of advanced combat vehicles and aircraft by the military forces for tactical missions is expected to drive the growth of the European market during the review period.

• Asia-Pacific: The market in this region is projected to expand at a high CAGR during the forecast period. Increasing defense expenditure in countries, such as India and China, and increasing the demand for new aircraft are driving regional market growth.

• Middle East & Africa: The increase in defense expenditures by countries such as Saudi Arabia, the UAE, and Israel is driving the market growth in the Middle East & Africa region.

• Latin America: In Latin America, there has been an increase in the use of combat vehicles and aircraft for intelligence gathering on drug trafficking and rebel groups, deforestation monitoring, and control of illegal migration, which is expected to drive the market growth.

Key Players

• Honeywell International Inc. (US)


• Ametek, Inc. (US)


• Thales Group (France)


• TE Connectivity Ltd (Switzerland)


• Raytheon Company (US)


• Lockheed Martin Corporation (US)


• Safran Electronics & Defense (France)


• BAE Systems PLC (UK)


• General Electric Company (US)


• Ultra-Electronics (UK)

Other Prominent Players

• UTC Aerospace Systems (US)


• Meggitt PLC (UK)


• Kongsberg Gruppen (Norway)


• Crane Aerospace (US)


• Eaton Corporation (Ireland)


• Zodiac Aerospace (Safran)


• Viooa Imaging Technology (Canada)


• Rockwest Solutions (US)


• Microflown Avisa B.V. (Netherlands)


• Vectornav Technologies, LLC (US)