Global Airborne Sensor Market is accounted for $9,341.31 million in 2020 and is expected to reach $14,776.63 million by 2028 growing at a CAGR of 5.9% during the forecast period. Increasing terrorist attacks across the world and rising implementation of airborne sensors in the defense operations are the major factors propelling the market growth.
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By geography, North America is going to have a lucrative growth during the forecast period due to the rising investments by manufacturing companies in this region in the development of innovative airborne sensors along with the increasing penetration of unmanned aerial vehicles (UAVs). This factor is expected to drive the airborne sensors market of North America region. Also, key players in the region are opting for effective strategies such as strategic collaborations, product launch and many among other to stronghold their presence into local as well as international market.
Some of the key players profiled in the Airborne Sensor Market include Airborne Sensing, AVT Airborne Sensing GmbH, General Dynamics Corporation, Hexagon, Honeywell Aerospace, Information Systems Laboratories (ISL), ITT INC, Lockheed Martin Corporation, Raytheon Technologies, Rockwell Collins, Teledyne Optech, and Thales Group.
Types Covered in Airborne Sensor Market
• Defense Aircraft
• Commercial Aircraft
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