The Global Military Sensors Market is estimated to register substantial growth during the forecast period owing to increasing demand from various applications during the forecast period. Also, this market has witnessed a number of key developments by major companies operating in the market including new product development, partnerships, contracts, and so on.

Military sensors are eager electronic devices located close or inside the body to deliver smart services. These sensors include multiple characteristics and functions such as private networks, sensors, C4 communications and the ability to perform systems that lead to increased demand for the market for military sensors. Increasing worldwide demand for armored vehicles and military aircraft will lead to the development of the military sensor industry.

Segment Analysis:

The surveillance & tracking segment is expected to lead the market for military sensors in the years to come based on implementation. Countries like China, India, Japan and Indonesia supply aircraft and UAVs for monitoring operations. Increasing the procurement of military surveillance devices is anticipated to drive development in the military sensor market's surveillance and tracking segment.

Based on the element, is expected to lead the market for military sensors. Countries are upgrading their current platforms with distinct kinds of sensors due to the growth of the Internet of Things (IoT) and Microelectromechanical System (MEMS) sensors. It is anticipated that the growing demand and implementation of advanced sensors for monitoring & tracking and electronic warfare apps will drive market segment development in sensors.

Key Factors Impacting Market Growth:

• Increasing Modern Warfare use of Uavs

• Continuous progress in MEMS technology

• Increasing awareness among defense forces of the demand for battlespace

• Arms transfer rules and regulations and their related techniques

Key Developments:

• In January 2019, a completely electronically controlled flat panel antenna was developed by Ball Aerospace and Telesat.

• In March 2018, BAE Systems secured a USD 97 million contract to provide new night vision goggles and thermal weapons sights from the U.S. Army.

• In May 2017, Raytheon Company was awarded a USD 28 million contract by the U.S. Navy to supply variable depth sonars for its coastal fighting class.

• In June 2017, the US Navy contracted Lockheed Martin to supply 2 TL-29A towed sonar array devices. The company's sonars are towed by naval ships and passive acoustic sensors are supposed to be used to detect submarines.

Regional Analysis:

North America, Western Europe, and Asia Pacific are estimated to dominate the military sensors market by regions during the forecast period. North America region includes US, Canada, and Mexico. This region is dominated by US with a substantial market share. Presence of key players operating in the market along with an established infrastructure, and government spending are expected to drive the demand in the region. Western Europe consists is another major region with countries such as Germany, UK, France, and Italy. Some of these countries are major exporters of aerospace & defense technologies to the World.

In addition to this, there has been a strong government spending towards development and acquisition of new technologies in recent years. Asia Pacific consisting of China, Japan, India, and South Korea is estimated to register highest CAGR for military sensors market during the forecast period. Middle East and Eastern Europe regions have a strong potential for military sensors market during the forecast period.

Companies Covered: Honeywell International Inc., TE Connectivity Ltd., Thales Group, Curtiss-Wright Corporation, Raytheon Company, Esterline Technologies Corporation, Kongsberg Gruppen ASA, and BAE Systems plc …

Market Segmentation:

By Platform:

• Airborne

• Land

• Naval

• Space

• Munitions

By Components:

• Hardware

• Software

• Sensors

By Application:

• Device-Based & Clothing-Based Sensors

• Intelligence & Reconnaissance

• Communication & Navigation

• Combat Operations

• Electronic Warfare

• Target Recognition

• Command and Control

• Surveillance

By Region:

• North America

• By Country (US, Canada, Mexico)

• By Platform

• By Components

• By Applications

• Western Europe:

  • By Country (Germany, UK, France, Spain, Rest of Western Europe)

  • By Platform

  • By Components

  • By Applications

• Eastern Europe:

  • By Country (Russia, Turkey, Rest of Eastern Europe)

  • By Platform

  • By Components

  • By Applications

• Asia Pacific

• By Country (China, Japan, India, Rest of Asia Pacific)

• By Platform

• By Components

• By Applications

• Middle East:

  • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)

  • By Platform

  • By Components

  • By Applications

• Rest of the World

• By Region (Latin America, Brazil, Rest of the World)

• By Platform

• By Components

• By Applications

Reasons To Buy This Report:

• Market size estimation of the military sensors market on a regional and global basis

• The unique research design for market size estimation and forecast

• Profiling of major companies operating in the market with key developments

• Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

• By Segment

• By Sub-segment

• By Region/Country

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