Global Military Sensors Market to reach USD 37.5 billion by 2027

Global Military Sensors Market Size study with COVID Impact, by Component (Hardware, Software and Cybersecurity Solutions) by Platform (Airborne, Land, Naval, Space, and Munitions) and by Application (Intelligence & Reconnaissance, Communication& Navigation, Combat Operations, Electronic Welfare, Target Recognition, Command & Control, Surveillance and Monitoring) and Regional Forecasts 2020-2027
Product Code:  SASAAD_48587826
Chapter 1.	Executive Summary 
1.1.	Market Snapshot
1.2.	Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1.	Military Sensor Market, by Region, 2018-2027 (USD Billion)
1.2.2.	Military Sensor Market, by Component, 2018-2027 (USD Billion)
1.2.3.	Military Sensor Market, by Platform, 2018-2027 (USD Billion)
1.2.4.	Military Sensor Market, by Application, 2018-2027 (USD Billion)
1.3.	Key Trends
1.4.	Estimation Methodology
1.5.	Research Assumption
Chapter 2.	Global Military Sensor Market Definition and Scope 
2.1.	Objective of the Study
2.2.	Market Definition & Scope
2.2.1.	Scope of the Study
2.2.2.	Industry Evolution
2.3.	Years Considered for the Study
2.4.	Currency Conversion Rates
Chapter 3.	Global Military Sensor Market Dynamics	
3.1.	Military Sensor Market Impact Analysis (2018-2027)
3.1.1.	Market Drivers
3.1.2.	Market Challenges
3.1.3.	Market Opportunities
Chapter 4.	Global Military Sensor Market Industry Analysis
4.1.	Porter’s 5 Force Model
4.1.1.	Bargaining Power of Suppliers
4.1.2.	Bargaining Power of Buyers
4.1.3.	Threat of New Entrants
4.1.4.	Threat of Substitutes
4.1.5.	Competitive Rivalry
4.1.6.	Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2.	PEST Analysis
4.2.1.	Political 
4.2.2.	Economical
4.2.3.	Social 
4.2.4.	Technological 
4.3.	Investment Adoption Model
4.4.	Analyst Recommendation & Conclusion
Chapter 5.	Global Military Sensor Market, by Component          
5.1.	Market Snapshot 
5.2.	Global Military Sensor Market by Component, Performance - Potential Analysis
5.3.	Global Military Sensor Market Estimates & Forecasts by Component 2017-2027 (USD Billion)
5.4.	Military Sensor Market, Sub Segment Analysis
5.4.1.	 Hardware
5.4.2.	 Software 
5.4.3.	Cybersecurity Solutions
Chapter 6.	Global Military Sensor Market, by Platform        
6.1.	Market Snapshot 
6.2.	Global Military Sensor Market by Platform, Performance - Potential Analysis
6.3.	Global Military Sensor Market Estimates & Forecasts by Platform 2017-2027 (USD Billion)
6.4.	Military Sensor Market, Sub Segment Analysis
6.4.1.	 Airborne
6.4.2.	Land
6.4.3.	Naval
6.4.4.	 Space
6.4.5.	 Munitions

Chapter 7.	Global Military Sensor Market, by Application         
7.1.	Market Snapshot 
7.2.	Global Military Sensor Market by Application, Performance - Potential Analysis
7.3.	Global Military Sensor Market Estimates & Forecasts by Application2017-2027 (USD Billion)
7.4.	Military Sensor Market, Sub Segment Analysis
7.4.1.	Intelligence & Reconnaissance
7.4.2.	 Communication& Navigation,
7.4.3.	Combat Operations
7.4.4.	 Electronic Welfare
7.4.5.	 Target Recognition
7.4.6.	 Command & Control, Surveillance 
7.4.7.	 Monitoring 

Chapter 8.	Global Military Sensor Market, Regional Analysis
8.1.	Military Sensor Market, Regional Market Snapshot 
8.2.	North America Military Sensor Market 
8.2.1.	U.S. Military Sensor Market
8.2.1.1.	Component breakdown estimates & forecasts, 2017-2027
8.2.1.2.	Platform. breakdown estimates & forecasts, 2017-2027
8.2.1.3.	Application breakdown estimates & forecasts, 2017-2027 
8.2.2.	Canada Military Sensor Market
8.3.	Europe Military Sensor Market Snapshot
8.3.1.	U.K. Military Sensor Market 
8.3.2.	Germany Military Sensor Market
8.3.3.	France Military Sensor Market
8.3.4.	Spain Military Sensor Market
8.3.5.	Italy Military Sensor Market
8.3.6.	Rest of Europe Military Sensor Market
8.4.	Asia-Pacific Military Sensor Market Snapshot
8.4.1.	China Military Sensor Market 
8.4.2.	India Military Sensor Market 
8.4.3.	Japan Military Sensor Market
8.4.4.	Australia Military Sensor Market
8.4.5.	South Korea Military Sensor Market
8.4.6.	Rest of Asia Pacific Military Sensor Market
8.5.	Latin America Military Sensor Market Snapshot
8.5.1.	Brazil Military Sensor Market
8.5.2.	Mexico Military Sensor Market
8.6.	Rest of The World Military Sensor Market

Chapter 9.	Competitive Intelligence
9.1.	Top Market Strategies
9.2.	Company Profiles
9.3.	Honeywell International Inc
9.3.1.1.	Key Information
9.3.1.2.	Overview
9.3.1.3.	Financial (Subject to Data Availability)
9.3.1.4.	Summary
9.3.1.5.	Recent Developments
9.3.2.	TE Connectivity Ltd.
9.3.3.	Raytheon
9.3.4.	Lockheed Martin Corp
9.3.5.	Thales Group
9.3.6.	Kongsberg Gruppen 
9.3.7.	Curtiss-Wright Corporation
9.3.8.	Ultra-Electronics 
9.3.9.	General Electric Company
9.3.10.	BAE Systems PLC
Chapter 10.	Research Process
10.1.	Research Process
10.1.1.	Data Mining
10.1.2.	Analysis
10.1.3.	Market Estimation
10.1.4.	Validation
10.1.5.	Publishing
10.2.	Research Attributes
10.3.	Research Assumption

Global Military Sensors Market to reach USD 37.5 billion by 2027

Global Military Sensors Market is valued approximately USD 24.7 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.58% over the forecast period 2020-2027. Military sensors are crucial in battlefield surveillance system in modern warfare. In current times, military sensors have gained wider acceptance in the defense sector as with the terrorist activities becoming more unpredictable and frequent, the need to increase the capabilities of existing security systems will prove to be advantageous for the adoption of sensors technology. Ongoing military modernization programs in different countries coupled with the increasing use of Unmanned Aerial Vehicle (UAV) in modern warfare are the factors that are driving the market. Also, the use of military sensors has caught attention due to the growing pressure on the defense & military industry to shift towards innovative and advanced platforms. For Instance: as per the Defense News in March 2018, France armed force minister has planned to increase investment over time to an annual USD 123 million on artificial intelligence as part of an innovation drive to develop future weapon systems. Also, in March 2018, Man-Machine Teaming study, a government-backed study is promoted for applying AI to combat aircraft. Through this future of aircraft flying in 2025-2030 will be benefited with high-resolution & advanced sensors generating a great deal of data, which will need to be processed and merged in real-time. Whereas, integration of Anti-Jamming Capabilities with Navigation Systems is expected to create significant growth opportunity for the market over the forecast period. However, Regulations related to the transfer of weapons and their associated technologies is the restraining factor.

The regional analysis of global Military Sensors market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. The North American region’s military sensor market is expected to witness substantial growth over the forecast period, due to increased procurement of defense systems and ongoing military modernization programs. According to the article titled Defense Modernization Plans Through the 2020s published by the Center for Strategic & International Studies in 2016, the US is expected to invest increasingly in aircraft procurement by 2030, leading to a growth in the North American region’s military sensor market.

Major market player included in this report are:
Honeywell International Inc
TE Connectivity Ltd.
Raytheon
Lockheed Martin Corp
Thales Group
Kongsberg Gruppen Curtiss-Wright Corporation
Ultra-Electronics
General Electric Company
BAE Systems PLC

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
by Component
Hardware
Software
Cybersecurity Solutions
by Platform
Airborne
Land
Naval
Space
Munitions
by Application
Intelligence & Reconnaissance
Communication& Navigation,
Combat Operations
Electronic Welfare
Target Recognition
Command & Control, Surveillance
Monitoring

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Military Sensors Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors


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