The global Naval Intelligence, Surveillance, and Reconnaissance (ISR) Market size is expected to reach USD 16.24 Billion in 2028 and register a revenue CAGR of 2.6% over the forecast period, according to latest analysis by Emergen Research.
Steady global naval Intelligence, Surveillance, and Reconnaissance (ISR) market revenue growth can be attributed to increasing necessity to safeguard critical offshore infrastructure, such as wind farms and oil & gas platforms and rigs that need appropriate and enhanced protection. Naval ISR solutions enable monitoring of special security zones for critical offshore infrastructure and deliver automatic alerts in case a vessel/ship or aircraft enters the under-surveillance area. ISR system provides comprehensive traffic representation of coastal situation adjoining offshore assets, information pertaining to vessels, and collision avoidance, as well as remote monitoring facility.
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The report’s authors have offered necessary details on the latest Naval Intelligence, Surveillance, and Reconnaissance (ISR) market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Naval Intelligence, Surveillance, and Reconnaissance (ISR) industry entails useful insights into the estimated Naval Intelligence, Surveillance, and Reconnaissance (ISR) market size, revenue share, and sales & distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcome in the near future. Those are further intended to assist businesses involved in this sector in sound decision-making and formulating lucrative business plans.
The primary addressees of this report include some of the globally renowned venture capitalists. The report offers these individuals a vivid description of the competitive spectrum of the global Naval Intelligence, Surveillance, and Reconnaissance (ISR) market.
Key players in the market include BAE Systems PLC, Lockheed Martin Corporation, Thales Group, Atlas Elektronik GmbH, Leonardo DRS, Ultra Electronics Holdings, Harris Corporation, Raytheon Company, General Dynamics Corporation, and Northrop Grumman Corporation.
Emergen Research has segmented the global naval ISR market on the basis of vessel type, application, and region:
Vessel Type Outlook (Revenue, USD Billion; 2018–2028)
Surface Naval Vessel ISR
Underwater Naval Vessel ISR
Application Outlook (Revenue, USD Billion; 2018–2028)
Search & Rescue Operation
Critical Infrastructure Protection
Coastal Surveillance
Maritime Monitoring
Tactical Support
Disaster Relief
Others
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Naval Intelligence Surveillance and Reconnaissance Market Segmentation by Regions:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Valuable Market Insights:
The report highlights the latest trends observed in the consumption pattern of each regional segment.
Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Naval Intelligence Surveillance and Reconnaissance Market.
The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.
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