The North America Airborne Sensors Market would witness market growth of 5.0% CAGR during the forecast period (2022-2028).
Airborne sensors can be used for a variety of purposes. Drones are unmanned aerial vehicles that weigh very little, can fly at high altitudes, and are equipped with sensors, RGB cameras, infrared cameras, and navigation systems. These drones collect raw data and utilize algorithms to convert it into valuable information. Crop health, water needs, plant height, soil analysis, as well as vegetation indices, like yield or anomaly identification, are some of the monitoring metrics for UAVs in agriculture. Technology is an important aspect of farming since it has the ability to maximize revenues and farm output. Airborne sensors can also capture large terrains, such as forests, cities, long power lines, farmlands, rivers, and railway tracks.
The investments and expenditures by the government of the United States are significantly increasing. The administration is increasing its efforts on the enhancement and strengthening of the defense sector of the country. According to the United States Department of Defense, the organization had $1.92 trillion in budgeted resources available in FY 2022, which were split across its six agency sub-components. Using available budgetary resources, agencies make financial promises known as obligations.
In addition, according to the Department of Defense, the Biden-Harris Administration filed a planned Fiscal Year 2023 Budget request to Congress on March 28, 2022, totaling $813.3 billion for national defense and $773.0 billion of which is dedicated to Department of Defense (DoD). Due to the increased government expenditure on the defense sector, the adoption of airborne sensors is estimated to rise in the region.
The US market dominated the North America Airborne Sensors Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,745.5 million by 2028. The Canada market is anticipated to grow at a CAGR of 7.4% during (2022 - 2028). Additionally, The Mexico market would showcase a CAGR of 6.4% during (2022 - 2028).
Based on Type, the market is segmented into Non-Scanning and Scanning. Based on Application, the market is segmented into Defense Aircraft, Commercial Aircraft, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Airborne Sensors Market is Estimated to reach $12 billion by 2028, at a CAGR of 5.2%
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.
Scope of the Study
Market Segments Covered in the Report:
By Type
By Application
- Defense Aircraft
- Commercial Aircraft
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 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)
- Information System laboratories
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Airborne Sensors Market, by Type
1.4.2 North America Airborne Sensors Market, by Application
1.4.3 North America Airborne Sensors Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Airborne Sensors Market
Chapter 4. North America Airborne Sensors Market by Type
4.1 North America Non-Scanning Market by Country
4.2 North America Scanning Market by Country
Chapter 5. North America Airborne Sensors Market by Application
5.1 North America Defense Aircraft Market by Country
5.2 North America Commercial Aircraft Market by Country
5.3 North America Others Market by Country
Chapter 6. North America Airborne Sensors Market by Country
6.1 US Airborne Sensors Market
6.1.1 US Airborne Sensors Market by Type
6.1.2 US Airborne Sensors Market by Application
6.2 Canada Airborne Sensors Market
6.2.1 Canada Airborne Sensors Market by Type
6.2.2 Canada Airborne Sensors Market by Application
6.3 Mexico Airborne Sensors Market
6.3.1 Mexico Airborne Sensors Market by Type
6.3.2 Mexico Airborne Sensors Market by Application
6.4 Rest of North America Airborne Sensors Market
6.4.1 Rest of North America Airborne Sensors Market by Type
6.4.2 Rest of North America Airborne Sensors Market by Application
Chapter 7. Company Profiles
7.1 Honeywell International, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.6 SWOT Analysis
7.2 General Dynamics Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.6 SWOT Analysis
7.3 Hexagon AB (Leica Geosystems AG)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional & Segmental Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Product Launches and Product Expansions:
7.4 Teledyne Optech, Inc. (Teledyne Technoloes, Inc.)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Product Launches and Product Expansions:
7.4.5.3 Acquisition and Mergers:
7.5 Thales Group S.A.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research and Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.6 Raytheon Technologies Corporation
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.7 Lockheed Martin Corporation
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.8 ITT, Inc.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.9 AVT Airborne Sensing GmbH (Vermessung AVT-ZT-GmbH)
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Product Launches and Product Expansions:
7.10. Information Systems Laboratories
7.10.1 Company Overview
TABLE 1 North America Airborne Sensors Market, 2018 - 2021, USD Million
TABLE 2 North America Airborne Sensors Market, 2022 - 2028, USD Million
TABLE 3 North America Airborne Sensors Market by Type, 2018 - 2021, USD Million
TABLE 4 North America Airborne Sensors Market by Type, 2022 - 2028, USD Million
TABLE 5 North America Non-Scanning Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Non-Scanning Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Scanning Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Scanning Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Airborne Sensors Market by Application, 2018 - 2021, USD Million
TABLE 10 North America Airborne Sensors Market by Application, 2022 - 2028, USD Million
TABLE 11 North America Defense Aircraft Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Defense Aircraft Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Commercial Aircraft Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Commercial Aircraft Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Airborne Sensors Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Airborne Sensors Market by Country, 2022 - 2028, USD Million
TABLE 19 US Airborne Sensors Market, 2018 - 2021, USD Million
TABLE 20 US Airborne Sensors Market, 2022 - 2028, USD Million
TABLE 21 US Airborne Sensors Market by Type, 2018 - 2021, USD Million
TABLE 22 US Airborne Sensors Market by Type, 2022 - 2028, USD Million
TABLE 23 US Airborne Sensors Market by Application, 2018 - 2021, USD Million
TABLE 24 US Airborne Sensors Market by Application, 2022 - 2028, USD Million
TABLE 25 Canada Airborne Sensors Market, 2018 - 2021, USD Million
TABLE 26 Canada Airborne Sensors Market, 2022 - 2028, USD Million
TABLE 27 Canada Airborne Sensors Market by Type, 2018 - 2021, USD Million
TABLE 28 Canada Airborne Sensors Market by Type, 2022 - 2028, USD Million
TABLE 29 Canada Airborne Sensors Market by Application, 2018 - 2021, USD Million
TABLE 30 Canada Airborne Sensors Market by Application, 2022 - 2028, USD Million
TABLE 31 Mexico Airborne Sensors Market, 2018 - 2021, USD Million
TABLE 32 Mexico Airborne Sensors Market, 2022 - 2028, USD Million
TABLE 33 Mexico Airborne Sensors Market by Type, 2018 - 2021, USD Million
TABLE 34 Mexico Airborne Sensors Market by Type, 2022 - 2028, USD Million
TABLE 35 Mexico Airborne Sensors Market by Application, 2018 - 2021, USD Million
TABLE 36 Mexico Airborne Sensors Market by Application, 2022 - 2028, USD Million
TABLE 37 Rest of North America Airborne Sensors Market, 2018 - 2021, USD Million
TABLE 38 Rest of North America Airborne Sensors Market, 2022 - 2028, USD Million
TABLE 39 Rest of North America Airborne Sensors Market by Type, 2018 - 2021, USD Million
TABLE 40 Rest of North America Airborne Sensors Market by Type, 2022 - 2028, USD Million
TABLE 41 Rest of North America Airborne Sensors Market by Application, 2018 - 2021, USD Million
TABLE 42 Rest of North America Airborne Sensors Market by Application, 2022 - 2028, USD Million
TABLE 43 Key Information – Honeywell International, Inc.
TABLE 44 key information – General Dynamics Corporation
TABLE 45 Key information – Hexagon AB
TABLE 46 Key Information – Teledyne Optech, Inc.
TABLE 47 key information – Thales Group S.A.
TABLE 48 Key Information – Raytheon Technologies Corporation
TABLE 49 Key Information – Lockheed Martin Corporation
TABLE 50 Key Information – ITT, Inc.
TABLE 51 Key Information – AVT Airborne Sensing GmbH
TABLE 52 Key Information – Information Systems Laboratories
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: Honeywell international, inc.
FIG 3 SWOT Analysis: General Dynamics Corporation
FIG 4 Recent strategies and developments: Hexagon AB (Leica Geosystems AG)
FIG 5 Recent strategies and developments: Teledyne Optech, Inc. (Teledyne Technoloes, Inc.)