Market Overview           

Global Military and Aerospace Sensors Market Forecast is projected to register a CAGR of 5.6% during the forecast period, 2022-2027.

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.

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)

Segmentation Analyses

By Application

Intelligence & Reconnaissance: The segment dominated the military and aerospace sensors market forecast in 2022. 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 2022 to 2027. 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 Forecastin 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, 2022 to 2027. 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, 20122 to 2027. 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.

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