Introduction of Military Sensors Market Report

Advance military & defence environment requires demonstrated, reliable, and versatile technologies. Sensors are the important part of the technologies as it provides complex controls, monitoring, and executions to the entire military & defence system. Military & defence system comprises of aircrafts, ships, marine systems, satellites, rockets, and military vehicles. Military security relays on the smart sensor technology for combat operation, surveillance, and intelligence. These sensors are widely used in flight controls, weaponry controls, and for communication as well as in security systems, crime detection system, explosive detection system, and battlefield surveillance systems. There are many types of sensor used in military such as Infrared cameras, radars, speed sensors, and magnetic sensor for various application such as intelligence & reconnaissance, navigation, monitoring, combat operation, electronic warfare and others.

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The major factors which are driving the growth of the Global Military Sensor Market include the growing modernization and advancement in micro-electromechanical system (MEMS), rising adoption of UAVs in modern warfare, and increasing requirement for battlespace awareness among defence force. The increasing adoption of MEMS based devices leads to the development of micro gyros for navigation and positioning, micromirrors for steering laser beams and microbolometers for infrared imaging. MEMS fabrication techniques empower framework engineers to miniaturize mechanical components and coordinated them with microelectronics, subsequently empowering modern capabilities and upgrading execution at the same time. Moreover, increasing demand for new generation missile and air defence system and rising integration of anti-jamming features with navigation systems are further propelling the growth of the market during the forecast period. However, reducing defence budgets of various North American and European countries, and lack of accuracy and operation complexities associated with MEMS navigation sensors are restraining the growth of the market.

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Based on the component, the software segment is expected to grow at a higher CAGR during the forecast period. The growth of this segment is attributed to the increasing demand for real-time processing and analysing data via artificial intelligence (AI) and machine learning (ML). These software technologies helps military sensor to differentiate between two objects.

Based on the Platform, the Land segment is projected to grow at a higher CAGR during the forecast period owing to the rising requirement for unmanned ground vehicle for various purpose from defence forces.

Based on the range, the <50 km segment is expected to grow at a higher CAGR in the market during the forecast period owing to the increasing demand for military sensors from countries such as US, India and China, as they obtain procuring military aircrafts.

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Based on the region, Asia-pacific is anticipated to lead the market during the forecast period due to the increasing procurement of defence systems by countries such as China and India. The ongoing advancement programs in Japan and Australia is also propelling the growth of the market.

The major key players in the market include 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, among others.

Key Developments:

• • In Apr 2019, BAE systems launched the 360 Multifunction Vehicle Protection (MVP) Sensor to provide military armoured vehicles and crews visibility, threat warning and situational awareness.
  • In May 2017, Raytheon company entered into USD 28 million contract with US Navy to supply variable depth sonars for its littoral combat ship class.

The Global Military Sensor Market has been segmented based on the Component, Platform, Application, and region. Based on Component, the market is segmented into hardware, software and cybersecurity solution. Hardware is further segmented into Sensors, Storage, Processors, and Networks. Sensor is further segmented into Radars, Infrared Cameras, Laser Rangefinders, Laser Target Designators, Seismic Sensors, Acoustic Sensors, Magnetic Sensors, Sonars, Lidar, Pressure Sensors, Temperature Sensors, Torque Sensors, Speed-, Position Or Displacement Sensors, Accelerometers, Gyroscopes, Gps Sensors, Pitot Probes, Proximity Sensors, Smoke Detectors, Particle Sensors, Gas Sensors, and Others. Based on software, the market is segmented into Data Fusion, and Data Processing}, and Cybersecurity Solutions. Based on Platform, the market is segmented into Airborne, Land, Naval, Space, and Munitions. Airborne is further segmented into Fighter Aircraft, Helicopters, Combat Support Aircraft, and Unmanned Aerial Vehicles. Land is further segmented into Armored Ground Vehicles, Combat Support Vehicles, Unmanned Ground Vehicles (UGVS), Operating Bases, and Soldiers. Naval is further segmented into Combat Ships, Combat Support Ships, Submarines and Unmanned Marine Vehicles (UMVS). Munitions is further segmented into Rockets & Missiles, Guided Ammunition, Torpedoes, And Artillery Systems. Based on Application, the market is segmented into Intelligence & Reconnaissance, Communication & Navigation, Combat Operations, Electronic Warfare, Target Recognition, Command & Control, and Surveillance & Monitoring.

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Key questions answered in this research report:

• • At what pace is the global Military Sensor Market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in the global Military Sensor Market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Military Sensor Market?
  • Which component generated maximum revenues in 2019 and identify the most promising products during the forecast period?
  • What are the various application areas of the global Military Sensor Market, and how are they poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Value (USD Million)
Market Segment	By Component, By Platform, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	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; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation:

Global Military Sensors Market by Component

• • Hardware
    • 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
    • Storage
    • Processors
    • Networks
  • Software
    • Data Fusion
    • Data Processing
  • Cybersecurity Solutions

Global Military Sensors Market by Platform

• • Airborne
    • Fighter Aircraft
    • Helicopters
    • Combat Support Aircraft
    • Unmanned Aerial Vehicles
  • Land
    • Armored Ground Vehicles
    • Combat Support Vehicles
    • Unmanned Ground Vehicles (UGVS
    • Operating Bases
    • Soldiers
  • Naval
    • Combat Ships
    • Combat Support Ships
    • Submarines
    • Unmanned Marine Vehicles (UMVS)
  • Space
  • Munitions
    • Rockets & Missiles
    • Guided Ammunition
    • Torpedoes
    • Artillery Systems

Global Military Sensors Market by Application

• • Intelligence & Reconnaissance
  • Communication & Navigation
  • Combat Operations
  • Electronic Warfare
  • Target Recognition
  • Command & Control
  • Surveillance & Monitoring

Global Military Sensors Market by Region

• • North America Military Sensors Market
    (Option 1: As a part of the free 25% customization)
    • North America Market by Component
    • North America Market by Platform
    • North America Market by Application
    • United States of America (US) Market All-Up
    • Canada Market All-Up
  • Europe Military Sensors Market
    (Option 2: As a part of the free 25% customization)
    • Europe Market by Component
    • Europe Market by Platform
    • Europe Market by Application
    • United Kingdom (UK) Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Military Sensors Market
    (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Market by Component
    • Asia-Pacific Market by Platform
    • Asia-Pacific Market by Application
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • ROW Military Sensors Market
    (Option 4: As a part of the free 25% customization)
    • RoW Market by Component
    • RoW Market by Platform
    • RoW Market by Application
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Military Sensor Market Leading Players (Option 5: As a part of the free 25% customization – Profiles of 5 Additional Companies of your Choice)

• • 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