The Global Market for Airborne ISR - Forecast to 2026: Surveillance, Reconnaissance and Intelligence - ResearchAndMarkets.com
BAE SYSTEMS PLC S/ADR (BAESY)
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Source: Business Wire
DUBLIN--(BUSINESS WIRE)-- The "Airborne ISR - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering. According to this report, the Global Airborne Intelligence Surveillance and Reconnaissance (ISR) market accounted for $21,756.1 million in 2017 and is expected to reach $34,986.9 million by 2026 growing at a CAGR of 5.4% during the forecast period. Growing application of ISR by government agencies, increased acquisitions of UAVs, rising integration of Android and iOS-based devices are some of the factors fueling the market growth. However, complexity of data sets and issues associated with maritime surveillance radar are hampering the market growth. Based on Platform Type, sea segment holds the significant market share during the forecast period. Due to these unmanned vehicles are reliable, smaller in size, and cost-effective. It also afford on-
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