Product ID: SQMIG25AG2008
Global Military Sensors Market Size, Share, Growth Analysis, By Type(Imaging sensors, Seismic sensors), By Platform(Airborne, Land), By Application(Intelligence, surveillance & reconnaissance (ISR)) - Industry Forecast 2024-2031
Report ID:
SQMIG25AG2008 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
120 |
Figures:
76
Global Military Sensors Market Insights
Military Sensors Market size was valued at USD 9.97 billion in 2019 and is poised to grow from USD 10.59 billion in 2023 to USD 16.94 billion by 2031, growing at a CAGR of 6.2% in the forecast period (2024-2031).
Several military and aeronautical systems rely heavily on sensors. Defence intelligence, surveillance, and reconnaissance equipment stationed on national borders or in remote places are linked via wireless networks that provide real-time data through sensors. Furthermore, for effective aircraft operation, new and advanced aircraft use sensors such as pressure sensors, temperature sensors, speed sensors, accelerometers, level sensors, flow sensors, gyroscopes, and radar sensors.
Security systems rely on intelligent and smart sensor technologies and have become a crucial component of military systems. Commercially, the market growth is attributed to the evolution of microelectromechanical systems (MEMS). The rising adoption of MEMS-based devices such as micro gyros, microbolometers, and micromirrors is expected to augment the growth of the market. Moreover, military modernization programs carried out in various countries are expected to support market growth.
US Military Sensors Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Military Sensors Market Report Snapshots
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