Market Forecast

Military And Aerospace Sensors Market Size Projected to Reach USD 3.01 Billion By 2030, At A CAGR Of 12.05% By 2020-2030. The increasing air passenger traffic, along with the increase in demand for new aircraft, is primarily driving the growth of the market. Furthermore, the ongoing advancements in sensor technology are driving the growth of the market.

Sensors are the viral component of many military and aerospace systems. The defense intelligence, surveillance, and reconnaissance systems that are deployed on national borders/in remote areas are connected through wireless networks that provide real-time data that requires several sensors.

Market USP

High dependency on Key Military and Aerospace Sensors Market Players Systems on sensors for efficient operations

Growth Opportunities in the Market

The Pressure Sensors Segment Accounted for the Largest Market Share in 2019: In 2019, the pressure sensors segment accounted for the largest market share due to the increasing use of pressure sensors for fuel supply control, air pressure control, and water pressure control. The radar sensors segment is expected to register the higher CAGR during the review period. This is due to the increasing use of radar sensors by the military forces for detecting enemy aircraft.

The Land Segment Is Expected to Register the Highest Growth in the Market: The land segment is likely to register the highest CAGR during the review period. The increasing use of military and aerospace sensors in military combat vehicles such as main battle tanks, armored fighting vehicles, amphibious armored vehicles, unmanned vehicles, and light tactical vehicles is driving the segment. The airborne segment accounted for the largest market share in 2019.

The Intelligence Reconnaissance Segment Accounted for the Largest Market Share in 2019: The intelligence reconnaissance segment is expected to record the highest CAGR during the forecast period from 2019 to 2026. This is due to the increasing use of military and aerospace systems for intelligence reconnaissance operations. The combat operations segment is expected to record a steady CAGR during the forecast period.

Key Players

Some of the key players of Global Military and Aerospace Sensors Market are Honeywell International Inc. (US), Ametek, Inc. (US), Thales Group (France), TE Connectivity Ltd (Switzerland), Raytheon Company (US), Lockheed Martin Corporation (US), Safran Electronics Defense (France), BAE Systems PLC (UK), General Electric Company (US), Ultra-Electronics (UK)

Other Prominent Players:

UTC Aerospace Systems (US), Meggitt PLC (UK), Kongsberg Gruppen (Norway), Crane Aerospace (US), Eaton Corporation (Ireland), Zodiac Aerospace (Safran), Viooa Imaging Technology (Canada), Rockwest Solutions (US), Microflown Avisa B.V. (Netherlands), Vectornav Technologies, LLC (US).

Related reports:

Aircraft Cabin Lighting Market Research Report: Information by Light Type (Reading Lights, Ceiling Wall, Signage, Floor Path Lighting, and Lavatory Lights), Elements (Light Source, Electronics, Software Systems, Assembly, and Others), Aircraft Type (Narrow Body, Wide Body, and Very Large Aircraft), End User (OEM and Aftermarket) and Region (North America, Europe, Asia-Pacific, Middle East Africa, and Latin America) Forecast till 2030

Connected Aircraft Market: Information by Type (Systems and Solutions), Aircraft Type (Fixed-Wing and Rotary-Wing), Connectivity (In-Flight, Air-to-Ground and Aircraft-to-Aircraft), Application (Commercial and Military), Frequency Band (Ka-Band, Ku-Band and L-Band) and Region (North America, Europe, Asia-Pacific, Middle East Africa and Latin America) - Forecast till 2027

About Market Research Future:

Market Research Future (MRFR) is a global market research company that prides itself on its services, offering comprehensive and accurate analysis with respect to various markets and consumers worldwide. Market Research Future has the distinguished goal of providing customers with optimal quality research and granular research. Our market research by products, services, technologies, applications, end users, and market players for global, regional, and national market segments, allows our customers to see more, learn more, and do more, helping to answer your most important questions

Contact:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor, New York, New York 10013,

United States of America

+1 646 845 9312

Email: sales@marketresearchfuture.com