The Global Airborne Sensors Market size is expected to reach $12 billion by 2028, rising at a market growth of 5.2% CAGR during the forecast period.
Airborne sensors are equipment mounted aboard planes that take photos of the earth's surface. Defense, forestry, agriculture, environment, mapping & survey, mining, infrastructure & urbanization, and many more applications benefit from these sensors. In addition, airborne sensors can provide images with a spatial resolution of 20 cm or less. Airborne sensors are commonly found on planes, drones, floating balloons, helicopters, and jets. Infrared cameras, as well as navigation systems, are used by aircraft having these sensors to take views of the earth's surface. Airborne sensors are used in defense and aerospace, as well as agriculture.
Airborne Sensing has a large fleet of twin-engine aircraft that can carry a variety of sensors. Because aerial mapping necessitates a wide range of capabilities, Airborne Sensing has grown to meet those needs. This comprises aircraft capable of slow flight at low altitudes, which allows for big-scale imaging, as well as aircraft capable of high-speed flying at high altitudes that enables rapid capture of photographs over a large region. The use of only twin-engine aircraft has a number of advantages. Airborne sensing is routinely used over huge swaths of unoccupied land as well as water.
Satellites, aircraft, and terrestrial close-range platforms are the most common platforms used by existing technology. There is a sector of new applications between aerial and terrestrial use, which are often experimental but, in certain circumstances, already well-established and practical. It is possible to obtain data with a resolution and precision that is comparable to that of aerial and terrestrial approaches. The usage of airplanes is sometimes limited by budget and administrative constraints. Other reasons for such uses include flexibility, precision, and scientific interest. These new technologies are capable of competing with traditional ones in some circumstances and have already hit the market.
The airborne sensors market was hindered due to the COVID-19 pandemic. Because of industrial closures and supply chain interruptions, the airborne sensor market was significantly hampered during the COVID-19 pandemic. This is primarily due to the supply chain disruption caused by strict lockdowns and the closure of many factories. However, government measures in order to counter the pandemic, as well as contributions from important companies in providing aerial photographs of the Covid-19 pandemic, are expected to drive the airborne sensor market forward in the coming years. Airborne sensors are used in a variety of applications and are continuously being improved. These sensors are very expensive, but they offer a lot of possibilities for gathering data from the air and using it for various purposes. These factors are allowing the market to recover at a faster rate.
The COVID-19 virus has quickly spread around the world. To stop the virus from spreading further, most countries implemented a lockdown. Various people worldwide did not, however, follow the rules in several regions. As a result, law enforcement agencies devised a drone surveillance solution. Police departments all over the world have begun to use drones to track people's movements over large areas without resorting to force. Drones were first used for research in a number of developed countries across the world. Furthermore, a number of UAV manufacturers are working on customized drones that can detect COVID-19 symptoms in crowds.
Once data from airborne sensors, or remote sensors, has been acquired, it can be reused and analyzed for a variety of purposes. Airborne sensors, for example, can collect data to survey a construction site. The same data, on the other hand, may be used to examine and plan new roadways. Alternatively, data acquired from forests to monitor wildfire risk could be utilized to track biodiversity. The reflected light is measured by airborne sensors, which can be natural sunlight or even a light pulse. Airborne sensors do not disrupt the scanned environment because this light is neutral to objects, vegetation, and people.
Although LiDAR is inexpensive when used in large applications, it can be costly when utilized to collect data in smaller locations. Sensors, cameras radars, and other components make up the aerial surveillance system. The modern and advanced airborne sensors have the ability to provide precise data. However, due to their sophisticated design, developing airborne sensors become very costly. Due to this, the utilization of these sensors in various small-scale applications is being reduced. Because the components are subjected to harsh weather conditions, the design is complex, which raises the cost.
Based on Type, the market is segmented into Non-Scanning and Scanning. In 2021, the scanning segment garnered a significant revenue share of the airborne sensors market. The increasing growth of the segment is owing to the low cost of this product. Airborne Laser Scanning is a measurement technology in which light pulses (usually produced by a laser) are fired from an instrument mounted on an aircraft and directed in a scanning pattern to the ground.
Based on Application, the market is segmented into Defense Aircraft, Commercial Aircraft, and Others. In 2021, the defence aircraft segment procured the largest revenue share of the airborne sensors market. Key market players who are growing in the aviation business and are adopting new and effective technology to develop airborne sensors for defense applications are majorly bolstering the growth of this segment.
Report Attribute | Details |
---|---|
Market size value in 2021 | USD 8.5 Billion |
Market size forecast in 2028 | USD 12 Billion |
Base Year | 2021 |
Historical Period | 2018 to 2020 |
Forecast Period | 2022 to 2028 |
Revenue Growth Rate | CAGR of 5.2% from 2022 to 2028 |
Number of Pages | 156 |
Number of Tables | 250 |
Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling |
Segments covered | Type, Application, Region |
Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
Growth Drivers |
|
Restraints |
|
Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. In 2021, North America held a substantial revenue share of the airborne sensors market. This is mostly attributable to the region's defense sector's considerable investment in the development of advanced and next-generation airborne sensors by leading market players.
Free Valuable Insights: Global Airborne Sensors Market size to reach USD 6.1 Billion by 2028
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., General Dynamics Corporation, Hexagon AB (Leica Geosystems AB), Teledyne Optech, Inc. (Teledyne Technologies Inc.), Thales Group S.A., Raytheon Technologies Corporation, Lockheed Martin Corporation, ITT, Inc., AVT Airborne Sensing GmbH (Vermessung AVT-ZT-GmbH), and Information System laboratories.
By Type
By Application
By Geography
The airborne sensors market size is projected to reach USD 12 billion by 2028.
Higher demand for surveillance drones during the COVID-19 pandemic are driving the market in coming years, however, High cost in small applications and inefficiency during harsh weather conditions limited growth of the market.
Honeywell International, Inc., General Dynamics Corporation, Hexagon AB (Leica Geosystems AB), Teledyne Optech, Inc. (Teledyne Technologies Inc.), Thales Group S.A., Raytheon Technologies Corporation, Lockheed Martin Corporation, ITT, Inc., AVT Airborne Sensing GmbH (Vermessung AVT-ZT-GmbH), and Information System laboratories.
The expected CAGR of the airborne sensors market is 5.2% from 2022 to 2028.
The Non-Scanning segment is leading the Global Airborne Sensors Market by Type in 2021, thereby, achieving a market value of $7.07 billion by 2028.
The Europe market dominated the Global Airborne Sensors Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4.1 billion by 2028.
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.