Military Sensors Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Military Sensors Market has been segmented by Application (Intelligence, Surveillance, and Reconnaissance; Communication and Navigation; Target Recognition; Electronic Warfare; and Command and Control), Platform (Airborne, Terrestrial, and Naval), and Geography.

Market Snapshot

Military Sensors Market _overview
Study Period: 2018-2027
Base Year: 2021
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: >5 %

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Market Overview

The military sensors market is anticipated to register a CAGR of more than 5% during the forecast period.

  • The evolution and rapid adoption of microelectromechanical systems (MEMS)-based devices have led to the development of sophisticated micro gyros for navigation and positioning, microbolometers for infrared imaging, and micromirrors for steering laser beams. RF MEMS and nanotechnology could lead to major breakthroughs in aerospace and defense applications, such as satellite communications at speeds in excess of 100 GHz and electronically steerable RF phase shifters for the true-time delay.
  • Modern military systems are heavily reliant on complex software and interconnectivity to perform their missions. Advanced features, such as an electronic attack, sensor fusion, and communications, of the cyber-enabled military systems provide a tactical edge to the equipped armed forces against an adversary force or during critical operations in a hostile environment.

Scope of the Report

Several types of sensors are integrated in military systems to enhance their capabilities and to ensure that the systems work in accordance with their specifications. The study entails a comprehensive evaluation of the military sensors, including, but not limited to, electro-optical and infrared sensors, seismic sensors, acoustic sensors, magnetic sensors, pressure sensors, temperature sensors, torque sensors, speed sensors, level sensors, flow sensors, force sensors, angle of attack (AoA) sensors, and altimeters.

The study provides an in-depth qualitative and quantitative insight via historical data and verifiable projection derived using apt research methodologies and assumptions. The market forecast is based on the ongoing contracts for the procurement and modernization of military assets across the world, which necessitate the integration of sophisticated sensors onboard to ensure proper functioning.

Application
Intelligence, Surveillance, and Reconnaissance (ISR)
Communication and Navigation
Target Recognition
Electronic Warfare
Command and Control
Platform
Airborne
Terrestrial
Naval
Geography
North America
United States
Canada
Europe
United Kingdom
France
Germany
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World

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Key Market Trends

Rapid Innovation in MEMS Technologies

The infusion of advanced technologies into military applications is driven by the necessity to keep abreast with the exponential burst in information accessibility. MEMS and nanotechnology have ushered in an era of technological innovation in the fabrication of sophisticated military sensors. MEMS fabrication techniques enable system developers to miniaturize mechanical components and integrate them with microelectronics, thereby, enabling new capabilities and enhancing performance simultaneously. The degree of maturity of MEMS fabrication is dependent on the application profile of the system. Extensive R&D is being conducted on a global scale to develop advanced sensors and components based on MEMS. For instance, laser communications are envisioned to be a key defense technology due to its potential to transmit data at blazing fast speeds and associated benefits for being difficult to intercepted or jammed by hostile forces due to inherently low scatter. MEMS and nanotechnology could be used to fabricate extremely tiny deformable mirrors and develop a laser communications technology that is small, lightweight, and efficient, for potential deployment on small unmanned vehicles and handheld devices.

Military Sensors Market_segmental

Asia-Pacific is Expected to Generate the Highest Demand During the Forecast Period

The Asia-Pacific region is expected to generate the highest demand for military sensors on account of the several ongoing programs fostering the modernization of the regional defense forces during the forecast period. In the Asia-Pacific, several modernization programs are underway to enhance the current capabilities of the commercial and military end-users in the region. For instance, in October 2019, Elbit Systems Inc. received a USD 153 million contract for delivering 1,000 units of THOR drones and other UAVs to an unknown Southeast Asian country. Similarly, in September 2019, China unveiled the GJ-11 Sharp Sword stealth attack drone capable of being deployed for a variety of missions, ranging from reconnaissance and electronic countermeasures to enabling targeting and battle damage assessments for the carrier killer missiles.

China’s the People’s Liberation Army Navy (PLAN) boasts of the largest fleet in the Asia-Pacific region and the world, constituting more than 300 surface combatants, submarines, amphibious ships, patrol craft, and specialized crafts. By the mid-2020s, China aims to induct the Type 093B SHANG-class guided-missile nuclear attack submarine. During 2017-2018, China launched the first of its four RENHAI-class guided-missile cruisers. RENHAI was scheduled to be inducted into active service by 2019, and it is capable of carrying a large loadout of anti-ship cruiser missiles (ASCMs), surface-to-air missiles (SAMs), and anti-submarine weapons. Such developments are envisioned to drive the growth prospects of the market in focus during the forecast period.

Military Sensors Market_geography

Competitive Landscape

The prominent players in the military sensors market are Raytheon Company, Lockheed Martin Corporation, KONGSBERG GRUPPEN ASA, Ultra Electronics, BAE Systems PLC, and Thales Group. Vendors are modifying their offerings to enhance current capabilities and introduce revolutionary features as a mean to deliver value-added sensor solutions to end users. This helps introduce low differentiated products at competitive pricing. Furthermore, strategic collaboration between manufacturers is on the rise to develop sophisticated sensors that conform with the design and performance specifications of the end-user defense forces. This is expected to benefit industry stakeholders during the forecast period.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Buyers/Consumers

      2. 4.4.2 Bargaining Power of Suppliers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Application

      1. 5.1.1 Intelligence, Surveillance, and Reconnaissance (ISR)

      2. 5.1.2 Communication and Navigation

      3. 5.1.3 Target Recognition

      4. 5.1.4 Electronic Warfare

      5. 5.1.5 Command and Control

    2. 5.2 Platform

      1. 5.2.1 Airborne

      2. 5.2.2 Terrestrial

      3. 5.2.3 Naval

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

      2. 5.3.2 Europe

        1. 5.3.2.1 United Kingdom

        2. 5.3.2.2 France

        3. 5.3.2.3 Germany

        4. 5.3.2.4 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Rest of Asia-Pacific

      4. 5.3.4 Rest of the World

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Vendor Market Share

    2. 6.2 Company Profiles

      1. 6.2.1 Honeywell International Inc.

      2. 6.2.2 TE Connectivity Ltd

      3. 6.2.3 Raytheon Company

      4. 6.2.4 Lockheed Martin Corporation

      5. 6.2.5 Thales Group

      6. 6.2.6 KONGSBERG GRUPPEN ASA

      7. 6.2.7 Ultra Electronics

      8. 6.2.8 Aerosonic LLC (Transdigm Group)

      9. 6.2.9 General Electric Company

      10. 6.2.10 BAE Systems plc

      11. 6.2.11 Microflown Avisa BV

      12. 6.2.12 Vectornav Technologies LLC

      13. 6.2.13 Viooa Imaging Technology Inc.

      14. 6.2.14 Imperx Inc.

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Frequently Asked Questions

The Military Sensors Market market is studied from 2018 - 2027.

The Military Sensors Market is growing at a CAGR of >5% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2021.

Raytheon Company, Lockheed Martin Corporation, Thales Group, KONGSBERG GRUPPEN ASA, Ultra Electronics, BAE Systems PLC are the major companies operating in Military Sensors Market.

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