LONDON--(BUSINESS WIRE)--The 2011 market for airborne ISR is worth over £17.3 billion, including upgrades and acquisitions, according to a new report available on companiesandmarkets.com. Despite cuts in funding, airborne ISR is still supported financially by many governments, due to the competitive advantages it provides during conflict situations.
The Airborne ISR Market 2011-2021
http://www.companiesandmarkets.com/Market-Report/the-airborne-isr-market-2011-2021-701575.asp?prk=7c4ed5b510c1ffe12b50d9829eddaba2
Airborne intelligence, surveillance and reconnaissance (ISR) assets are considered vital to military operations as they provide considerable advantages in terms of information, knowledge and awareness.
However, as the world’s economies fight their way out of recession, many military and defence budgets are facing cuts and airborne ISR assets are not exempt from rationalisation.
In addition to defence spending cuts, other factors influencing the market include the planned withdrawal of troops from Afghanistan, and the shift to multimission and unmanned systems.
Airborne ISR submarkets (by role) include: Airborne Early Warning (AEW), Airborne Ground Surveillance (AGS), Maritime Patrol (MP) and Signals Intelligence (SIGINT). Of these sub-segments, it is AGS which dominates, although MP is forecast to experience robust growth throughout the reporting period.
The 330 page, October 2011 airborne ISR market research report provides the reader with a detailed insight into the industry, with forecast and historical statistical data between 2011 and 2021.
The airborne ISR market is analysed on a global basis, as well as by the top 20 national markets, including the US, the UK, Australia, India and China. In addition, these markets are broken down to report forecasts for new acquisitions, upgrades, manned and unmanned systems.
The airborne ISR market research report includes profiles of around 30 key players: AAI Corporation; Aeronautics Defense Systems; AeroVironment Inc; BAE Systems; Boeing Defense, Space & Security; Cassidian (EADS); Controp Precision Technologies; Elbit Systems Ltd; Elta Systems (IAI); Embraer (Empresa Brasileira de Aeronautica SA); FLIR Systems Inc; General Atomics Aeronautical Systems Inc; General Dynamics; Goodrich Corporation; Hawker Beechcraft; Honeywell; Insitu; Israel Aerospace Industries (IAI); Kawasaki Heavy Industries; L-3 Communications; Lockheed Martin; Northrop Grumman Corporation; QinetiQ; Raytheon Company; Saab; Sagem Défense Sécurité; Schiebel; Selex Galileo; Telephonics and Thales Group.
Report Details:
http://www.companiesandmarkets.com/Market-Report/the-airborne-isr-market-2011-2021-701575.asp?prk=7c4ed5b510c1ffe12b50d9829eddaba2