Increased Focus on Enhanced Homeland Security to Boost the Defense Market Through 2020: Technavio

Technavio publishes key highlights and figures from several sectors under the defense industry. (Graphic: Business Wire)

LONDON--()--Technavio’s aerospace and defense research analysts have recently published numerous reports focusing on the booming defense market. Technavio’s continuously growing defense report library now features updated content on military aircraft avionics, airborne intelligence, surveillance, and reconnaissance, and sensor-based gun systems. All three of these reports can be purchased at a minimum 60% discount by becoming a Technavio Insights member.

Key Highlights from Technavio

Global Military Aircraft Avionics Market 2017-2021

  • The increasing demand for the installation of SVS (synthetic vision system) in aircraft will drive the growth prospects for the global military aircraft avionics market during the forecast period. SVS in aircraft is used to overcome the issues associated with limited outside visibility for the pilot.
  • Flight control systems segment is expected to account for the largest market share during 2016 as they play a significant role in ensuring efficient and safe landing operations.
  • In terms of geography, the Americas was the largest market for military avionics during 2016 and will continue its market dominance until the end of 2020.

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Global Airborne Intelligence, Surveillance, and Reconnaissance Market 2017-2021

  • Global Airborne Intelligence, Surveillance, and Reconnaissance (ISR) Market is expected to grow to approximately USD 26 billion by 2021.
  • The increasing territorial disputes between China and Vietnam, India and Pakistan, and North Korea and South Korea are expected to result in increased procurement and development of airborne ISR systems.
  • High investments in ISR payloads by developed countries such as the US and Japan to increase their border security, military intelligence, and surveillance.

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Global Sensor-based Gun Systems Market 2016-2020

  • The global sensor-based gun systems market is expected to post a CAGR of close to 5% during 2016-2020.
  • Growing cross-border terrorism and illicit trafficking of weapons, has led defense agencies to equip law enforcement personnel with advanced military grade arms and ammunitions to ensure enhanced homeland security.
  • Sensor-based turret guns or sentry gun systems occupied the majority share in 2015, as these guns can be operated from a location that enables protection and improved visibility to the personnel.

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Access Technavio’s Full Report Library

Become a Technavio Insights member and access all three of these reports for a fraction of their original cost. As a Technavio Insights member, you will have immediate access to new reports as they’re published in addition to all 6,000+ existing reports covering segments like aerospace, space, and general aviation. This subscription nets you thousands in savings, while staying connected to Technavio’s constant transforming research library, helping you make informed business decisions more efficiently.

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About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com

Release Summary

Technavio's aerospace and defense research analysts have recently published numerous reports focusing on the booming defense market.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com