London, UK 25 August 2010: Visiongain’s new report The Airborne ISR Market 2010-2020 provides an analysis of the global market for airborne intelligence, surveillance and reconnaissance (ISR) systems. Visiongain calculates that in 2010 the global market for airborne ISR systems will reach around $18.9bn. This is due to the high priority placed on spending on airborne ISR by armed forces worldwide. Led by the US, which has the largest share of spending on airborne ISR, many of the world’s armed services are acquiring or developing a wide range of airborne ISR systems for use in current conflicts as well as in future scenarios. Despite the challenges posed by reduced or frozen defence budgets, many airborne ISR programmes are expected to generally have funding support over the next decade.
In recent years, airborne ISR has become much more expansive as the sector now counts a vast range of systems – from hand-launched to jet-powered UAVs, twin-turboprop to large airliner-based systems, and even aerostats and airships.
Manned systems in airborne ISR continue to account for the bulk of airborne ISR spending but unmanned systems are growing strongly.
There will be steady demand across the different roles of airborne ISR, namely:
• Airborne Early Warning (AEW)
• Airborne Ground Surveillance (AGS)
• Signals Intelligence (SIGINT)
• Maritime Patrol (MP)
The airborne ISR market is being driven by major acquisition programmes. Many of these are initiated by the US military but there are similar programmes in other countries, notably in parts of Europe and in the Asia-Pacific region.
The Airborne ISR Market 2010-2020 report reveals that there are a number of countries that are in the midst of, or planning to embark upon, significant airborne ISR programmes. This trend is expected to continue into the future, providing robust demand for airborne ISR systems, both manned and manned. This points to opportunities in airborne ISR over the next decade for companies that are currently involved this sector, or plan to become part of it.
If you would like further information on visiongain's new The Airborne ISR Market 2010-2020 please visit: http://www.visiongain.com/Report/511/The-Airborne-ISR-Market-2010-2020 or email sara.peerun@visiongainglobal.com
ENDS
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call on +44 (0) 207 549 9987
About visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Telecoms, Pharmaceutical, Defence and the Energy sectors.
Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.