Signal intelligence Market Research Report, by Region (Europe, North America, ROW, Asia-Pacific), by Application (Airborne, Naval, Land-based, Space), by Type (Communication Intelligence, Electronic Intelligence) — Global Forecast till 2023
ID: MRFR/ICT/6155-HCR | February 2021 | Region: Global | 100 pages
Market Synopsis
Increase in criminal activities and terrorist attacks has increased the demand for enhanced safety measures and surveillance, especially in public areas. The military, defense & aerospace, or any other civil sector requires a fast and secure method to various tasks associated with security, surveillance, criminal investigation, and operation monitoring. Signal intelligence plays a crucial role in a number of security and surveillance applications.
The global signal intelligence market a reached USD 11.85 billion in 2017; it is estimated to reach a market value of USD 15.81 billion by 2023 growing at a CAGR of 5.32% during the forecast period 2018–2023. Increasing crime rate and terrorist attacks worldwide and increasing government spending in developing advanced and secured infrastructure for defense and military sector are some of the prime factors impacting the growth of the signal intelligence market. The market faces connectivity issues with devices which do not use radio-frequency transmissions; this is one of the major challenges in the signal intelligence market. However, the high manufacturing cost of signal intelligence products is expected to hamper the market growth in the coming years.
Development in artificial intelligence can create various growth opportunities for the market to grow exponentially in the coming years. Also, increasing demand for drones for surveillance applications is also expected to drive the market of signal intelligence in the coming years. Drones are gaining popularity and witnessing increased adoption by the military and defense sector to implement communications, surveillance and law enforcement practices. However, due to privacy concern of the citizens, governments of various countries such as India still face regulations issues to allow drones to be deployed for surveillance purposes in the public areas, which is expected to limit the market of drones for surveillance application in the country. However, developed countries such as U.S, Canada, the UK, and France are developing drones with high altitude capacity and making them technically advanced for surveillance and communication applications.
Recent Developments:
- January 2019: BAE Systems plc invested in developing software-based signal intelligence solutions, targeting airborne customers worldwide. Software-defined signal intelligence is expected to benefit airborne in analyzing third-party communication signals and sending them to the airborne platform in real-time after modification.
- September 2018: Lockheed Martin collaborated with the US Air Force in order to upgrade signal intelligence capabilities for distributed common ground systems, and the air force intelligence, and surveillance, and reconnaissance (ISR) systems.
Segmentation
The global signal intelligence market has been segmented on the basis of type, application, and region.
By type, the market has been segmented into electronics intelligence, communication intelligence, and foreign instrumentation signal intelligence (FISINT).
By vertical, the market has been classified into land-based, airborne, naval, and space among others.
By region, the market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.
Regional analysis
Market Research Future (MRFR) has covered the following countries in the regional analysis of signal intelligence market—the US, Canada, and Mexico in North America; Germany, the UK, France, Russia, Spain, and Italy in Europe; China, Japan, India, Singapore, Australia, and South Korea in Asia-Pacific; and the Middle East & Africa and South America in the rest of the world.
At present, North America dominated the global signal intelligence market due to high investment and support by the government for the developments in the military & defense sector in the region. The increasing incidence of terrorist attacks, especially in the US, has developed the need for more advanced and secured intelligence solutions, which primarily influences the growth of signal intelligence market in North America.
Europe was the second highest revenue generating market for signal intelligence in 2018 due to high adoption of signal intelligence among military & defense sector in the region. With the help of signal intelligence, the European strategic intelligence and security centers can monitor and prevent regional threats such as terrorism, criminal activities, and social unrest. Furthermore, the German government is investing in expanding their signal intelligence structure, which is expected to fuel the market growth of signal intelligence in the country in the coming years.
Asia-Pacific is projected to grow with the fastest CAGR during the forecast period. China is the leading country in this market as it has the most developed signal intelligence capabilities as compared to other nations in the region. Whereas, South Korea, followed by India is projected to witness a high growth rate during the forecast period 2018–2023.
Key players
Market Research Future has identified following key players in the market—BAE Systems, Lockheed Martin, Northrop Grumman, Thales, Raytheon, Elbit Systems, General Dynamics, Israel Aerospace Industries, SAAB, Mercury Systems, Rolta India, Rheinmetall, Systematic A/S, Harris, and Cobham.
Intended Audience
- Investors and consultants
- System Integrators
- Government Organizations
- Research/Consultancy firms
- Technology solution providers
- IT Solution Providers
- Military & defense sector
- Law enforcement agencies
Frequently Asked Questions (FAQ) :
The signal intelligence market is expected to strike 5.32% CAGR.
The signal intelligence market size is projected to reach USD 15.81 Bn.
By application, the segments of the signal intelligence market are airborne, land-based, naval, and space.
The segments identified are electronic intelligence and communication intelligence.
BAE Systems, Northrop Grumman, Lockheed Martin, Thales, Raytheon, General Dynamics, Elbit Systems, Israel Aerospace Industries, Rolta India, Rheinmetall, Mercury Systems, Systematic A/S, Harris, SAAB, and Cobham are the key players of the signal intelligence market.
TABLE OF CONTENTS
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.3 Research Objectives
2.4 Markets Structure
3 Research Methodology
4 Market Dynamics
4.1 Market Drivers
4.1.1 Increasing Criminal and Terrorist Attacks Worldwide
4.1.2 Increasing Government Expenditure in the Defense & Military Sector
4.2 Market Restraints
4.2.1 High Manufacturing Cost of Signal Intelligence Products
4.3 Market Opportunities
4.3.1 Developments in Artificial Intelligence
4.3.2 Development in Big Data Technology
4.4 Challenge
4.4.1 Connectivity Issues with Devices not using Radio-Frequency Transmissions
4.5 Value/Supply Chain Analysis
4.6 Porter’s Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers
4.6.3 Threat of Substitutes
4.6.4 Segment Rivalry
4.6.5 Bargaining Power of Suppliers
4.7 Government/Industry Norms and Regulations
4.8 Market Trends
4.8.1 Impact Analysis of Emerging Technologies
5 Signals Intelligence Market, by Type
5.1 Introduction
5.2 Electronics Intelligence (ELINT)
5.2.1 Market Estimates & Forecast, 2018–2023
5.2.2 Market Estimates & Forecast, by Region, 2018–2023
5.3 Communication Intelligence
5.3.1 Market Estimates & Forecast, 2018–2023
5.3.2 Market Estimates & Forecast, by Region, 2018–2023
5.4 Foreign Instrumentation Signals Intelligence (FISINT)
5.4.1 Market Estimates & Forecast, 2018–2023
5.4.2 Market Estimates & Forecast, by Region, 2018–2023
6 Signals Intelligence Market, by Application
6.1 Introduction
6.2 Land-based
6.2.1 Market Estimates & Forecast, 2018–2023
6.2.2 Market Estimates & Forecast, by Region, 2018–2023
6.3 Airborne
6.3.1 Market Estimates & Forecast, 2018–2023
6.3.2 Market Estimates & Forecast, by Region, 2018–2023
6.4 Naval
6.4.1 Market Estimates & Forecast, 2018–2023
6.4.2 Market Estimates & Forecast, by Region, 2018–2023
6.5 Space
6.5.1 Market Estimates & Forecast, 2018–2023
6.5.2 Market Estimates & Forecast, by Region, 2018–2023
7 Signals Intelligence Market, by Region
7.1 Introduction
7.2 North America
7.2.1 Market Estimates & Forecast, by Country, 2018–2023
7.2.2 Market Estimates & Forecast, by Type, 2018–2023
7.2.3 Market Estimates & Forecast, by Application, 2018–2023
7.2.4 US
7.2.4.1 Market Estimates & Forecast, by Type, 2018–2023
7.2.4.2 Market Estimates & Forecast, by Application, 2018–2023
7.2.5 Canada
7.2.5.1 Market Estimates & Forecast, by Type, 2018–2023
7.2.5.2 Market Estimates & Forecast, by Application, 2018–2023
7.2.6 Mexico
7.2.6.1 Market Estimates & Forecast, by Type, 2018–2023
7.2.6.2 Market Estimates & Forecast, by Application, 2018–2023
7.3 Europe
7.3.1 Market Estimates & Forecast, by Country, 2018–2023
7.3.2 Market Estimates & Forecast, by Type, 2018–2023
7.3.3 Market Estimates & Forecast, by Application, 2018–2023
7.3.4 Germany
7.3.4.1 Market Estimates & Forecast, by Type, 2018–2023
7.3.4.2 Market Estimates & Forecast, by Application, 2018–2023
7.3.5 France
7.3.5.1 Market Estimates & Forecast, by Type, 2018–2023
7.3.5.2 Market Estimates & Forecast, by Application, 2018–2023
7.3.6 Italy
7.3.6.1 Market Estimates & Forecast, by Type, 2018–2023
7.3.6.2 Market Estimates & Forecast, by Application, 2018–2023
7.3.7 Russia
7.3.7.1 Market Estimates & Forecast, by Type, 2018–2023
7.3.7.2 Market Estimates & Forecast, by Application, 2018–2023
7.3.8 UK
7.3.8.1 Market Estimates & Forecast, by Type, 2018–2023
7.3.8.2 Market Estimates & Forecast, by Application, 2018–2023
7.3.9 Spain
7.3.9.1 Market Estimates & Forecast, by Type, 2018–2023
7.3.9.2 Market Estimates & Forecast, by Application, 2018–2023
7.3.10 Rest of Europe
7.3.10.1 Market Estimates & Forecast, by Type, 2018–2023
7.3.10.2 Market Estimates & Forecast, by Application, 2018–2023
7.4 Asia-Pacific
7.4.1 Market Estimates & Forecast, by Country, 2018–2023
7.4.2 Market Estimates & Forecast, by Type, 2018–2023
7.4.3 Market Estimates & Forecast, by Application, 2018–2023
7.4.4 China
7.4.4.1 Market Estimates & Forecast, by Type, 2018–2023
7.4.4.2 Market Estimates & Forecast, by Application, 2018–2023
7.4.5 India
7.4.5.1 Market Estimates & Forecast, by Type, 2018–2023
7.4.5.2 Market Estimates & Forecast, by Application, 2018–2023
7.4.6 Japan
7.4.6.1 Market Estimates & Forecast, by Type, 2018–2023
7.4.6.2 Market Estimates & Forecast, by Application, 2018–2023
7.4.7 South Korea
7.4.7.1 Market Estimates & Forecast, by Type, 2018–2023
7.4.7.2 Market Estimates & Forecast, by Application, 2018–2023
7.4.8 Singapore
7.4.8.1 Market Estimates & Forecast, by Type, 2018–2023
7.4.8.2 Market Estimates & Forecast, by Application, 2018–2023
7.4.9 Australia
7.4.9.1 Market Estimates & Forecast, by Type, 2018–2023
7.4.9.2 Market Estimates & Forecast, by Application, 2018–2023
7.4.10 Rest of Asia-Pacific
7.4.10.1 Market Estimates & Forecast, by Type, 2018–2023
7.4.10.2 Market Estimates & Forecast, by Application, 2018–2023
7.5 Rest of the World
7.5.1 Market Estimates & Forecast, by Country, 2018–2023
7.5.2 Market Estimates & Forecast, by Type, 2018–2023
7.5.3 Market Estimates & Forecast, by Application, 2018–2023
7.5.4 Middle East & Africa
7.5.4.1 Market Estimates & Forecast, by Type, 2018–2023
7.5.4.2 Market Estimates & Forecast, by Application, 2018–2023
7.5.5 South America
7.5.5.1 Market Estimates & Forecast, by Type, 2018–2023
7.5.5.2 Market Estimates & Forecast, by Application, 2018–2023
8 Competitive Landscape
8.1 Key Players Market Share Analysis, 2017/2018 (%)
8.2 Competitive Benchmarking
8.3 Key Developments Analysis, 2017/2018
8.3.1 Mergers & Acquisition
8.3.2 Product Developments
8.3.3 Business Expansion
8.3.4 Partnerships & Collaborations
8.3.5 Agreements
9 Company Profiles
9.1 BAE Systems
9.1.1 Company Overview
9.1.2 Product/Business Segment Overview
9.1.3 Financial Updates
9.1.4 Key Developments
9.1.5 SWOT Analysis
9.1.6 Key Strategies
9.2 Lockheed Martin
9.2.1 Company Overview
9.2.2 Product/Business Segment Overview
9.2.3 Financial Updates
9.2.4 Key Developments
9.2.5 SWOT Analysis
9.2.6 Key Strategies
9.3 Northrop Grumman
9.3.1 Company Overview
9.3.2 Product/Business Segment Overview
9.3.3 Financial Updates
9.3.4 Key Developments
9.3.5 SWOT Analysis
9.3.6 Key Strategies
9.4 Thales
9.4.1 Company Overview
9.4.2 Product/Business Segment Overview
9.4.3 Financial Updates
9.4.4 Key Developments
9.4.5 SWOT Analysis
9.4.6 Key Strategies
9.5 Raytheon
9.5.1 Company Overview
9.5.2 Product/Business Segment Overview
9.5.3 Financial Updates
9.5.4 Key Developments
9.5.5 SWOT Analysis
9.5.6 Key Strategies
9.6 Elbit Systems
9.6.1 Company Overview
9.6.2 Product/Business Segment Overview
9.6.3 Financial Updates
9.6.4 Key Developments
9.6.5 SWOT Analysis
9.6.6 Key Strategies
9.7 General Dynamics
9.7.1 Company Overview
9.7.2 Product/Business Segment Overview
9.7.3 Financial Updates
9.7.4 Key Developments
9.7.5 SWOT Analysis
9.7.6 Key Strategies
9.8 Israel Aerospace Industries
9.8.1 Company Overview
9.8.2 Product/Business Segment Overview
9.8.3 Financial Updates
9.8.4 Key Developments
9.8.5 SWOT Analysis
9.8.6 Key Strategies
9.9 SAAB
9.9.1 Company Overview
9.9.2 Product/Business Segment Overview
9.9.3 Financial Updates
9.9.4 Key Developments
9.9.5 SWOT Analysis
9.9.6 Key Strategies
9.10 Mercury Systems
9.10.1 Company Overview
9.10.2 Product/Business Segment Overview
9.10.3 Financial Updates
9.10.4 Key Developments
9.10.5 SWOT Analysis
9.10.6 Key Strategies
9.11 Rolta India
9.11.1 Company Overview
9.11.2 Product/Business Segment Overview
9.11.3 Financial Updates
9.11.4 Key Developments
9.11.5 SWOT Analysis
9.11.6 Key Strategies
9.12 Rheinmetall
9.12.1 Company Overview
9.12.2 Product/Business Segment Overview
9.12.3 Financial Updates
9.12.4 Key Developments
9.12.5 SWOT Analysis
9.12.6 Key Strategies
9.13 Systematic A/S
9.13.1 Company Overview
9.13.2 Product/Business Segment Overview
9.13.3 Financial Updates
9.13.4 Key Developments
9.13.5 SWOT Analysis
9.13.6 Key Strategies
9.14 Harris
9.14.1 Company Overview
9.14.2 Product/Business Segment Overview
9.14.3 Financial Updates
9.14.4 Key Developments
9.14.5 SWOT Analysis
9.14.6 Key Strategies
9.15 Cobham
9.15.1 Company Overview
9.15.2 Product/Business Segment Overview
9.15.3 Financial Updates
9.15.4 Key Developments
9.15.5 SWOT Analysis
9.15.6 Key Strategies
LIST OF TABLES
Table 1 Signals Intelligence market, by Region, 2018–2023
Table 2 North America: Signals Intelligence market, by Country, 2018–2023
Table 3 Europe: Signals Intelligence market, by Country, 2018–2023
Table 4 Asia-Pacific: Signals Intelligence market, by Country, 2018–2023
Table 5 Rest of the World: Signals Intelligence market, by Region, 2018–2023
Table 6 North America: Signals Intelligence Type Market, by Country, 2018–2023
Table 7 Europe: Signals Intelligence Type Market, by Country, 2018–2023
Table 8 Asia-Pacific: Signals Intelligence Type Market, by Country, 2018–2023
Table 9 Rest of the World: Signals Intelligence Type Market, by Region, 2018–2023
Table 10 The Global Signals Intelligence Type Market, by Region, 2018–2023
Table 11 North America: Signals Intelligence Application Market, by Country, 2018–2023
Table 12 Europe: Signals Intelligence Application Market, by Country, 2018–2023
Table 13 Asia-Pacific: Signals Intelligence Application Market, by Country, 2018–2023
Table 14 Rest of the World: Signals Intelligence Application Market, by Country, 2018–2023
LIST OF FIGURES
FIGURE 1 The Global Signals Intelligence Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis of The Global Signals Intelligence market
FIGURE 4 Value Chain/supply chain of The Global Signals Intelligence market
FIGURE 5 Share of The Global Signals Intelligence market in 2017, by Country (in %)
FIGURE 6 The Global Signals Intelligence market, 2018–2023
FIGURE 7 Sub-segments of Type
FIGURE 8 The Global Signals Intelligence Market Size, by Type, 2017
FIGURE 9 Share of The Global Signals Intelligence market, by Type, 2018–2023
FIGURE 10 The Global Signals Intelligence Market Size, by Application, 2017
FIGURE 11 Share of The Global Signals Intelligence market, by Application, 2018–2023
