The airborne isr market is expected to grow at a CAGR of 4% during the forecast period. Increased demand for uavs in military applications, Increased focus on maritime security, and Development of indigenous airborne IRS system are some of the significant factors fueling airborne isr market growth.
Increased demand for uavs in military applications
Every military organization emphasizes on the procurement of airborne ISR systems. Airborne ISR has vast end-users and many providers in the market. However, the manufacturers require clearances from the government agencies to supply airborne ISR system beyond their territories. Thus, the bargaining power of the buyers is moderate in the global airborne ISR market.
