According to Stratistics MRC, the Global Naval Intelligence, Surveillance, and Reconnaissance (ISR) Market is accounted for $13.11 billion in 2020 and is expected to reach $19.07 billion by 2028 growing at a CAGR of 4.8% during the forecast period. The rising production of submarines and the development of acoustic sensors are the major factors propelling the market growth. However, the highest capital cost is hampering the market growth.
Request for a Free Sample Copy of Report at www.strategymrc.com/report/naval-intelligence-surveillance-and-reconnaissance-isr-market/request-sample
By geography, North America is going to have a lucrative growth during the forecast period due to the rising demand for unmanned aerial vehicles (UAVs). Furthermore, various technological innovations, such as stealth ISR aircraft, wireless sensors, EnRoute command, and control, have positively influenced the growth of the market.
Some of the key players profiled in the Naval Intelligence, Surveillance, and Reconnaissance (ISR) Market include Atlas Elektronik GmbH, BAE Systems PLC, Boeing, CACI, Elbit Systems, General Dynamics Corporation, Harris Corporation, Kratos Defense & Security Solutions, L3Harris Technologies, Leonardo DRS, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, Rheinmetall Defense, Thales Group, and Ultra Electronics.
Product Types Covered:
• Surface Naval Vessels ISR
• Underwater Naval Vessels ISR
Types Covered:
• Intelligence
• Surveillance
• Reconnaissance
Applications Covered:
• On the Sea
• Under the Sea
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
If Any Query? Ask Our Industry Expert at www.strategymrc.com/report/naval-intelligence-surveillance-and-reconnaissance-isr-market/request-customization
Explore the list of attractive markets during this time of Pandemic @ www.strategymrc.com/covid-19-impact-reports
About Us:
StrategyMRC research reports and publications are routed to help clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects. We track 30+ industries and cover 800 market segments.
Contact Us:
Stratistics Market Research Consulting
Phone: +1-301-202-5929
Email: info@strategymrc.com
Website: www.strategymrc.com/
Twitter:twitter.com/StratisticsMRC
LinkedIn: www.linkedin.com/company/stratistics-market-research-consulting-pvt-ltd?trk=mini-profile