Market Trends of Naval ISR Industry
This section covers the major market trends shaping the Naval ISR Market according to our research experts:
Underwater Vessel ISR is Expected to Witness Growth During the Forecast Period
The underwater vessel ISR segment is expected to grow during the forecast period. The development of territorial conflicts and border issues increased the risk for maritime assets of militaries, which led to increasing emphasis on surveillance, threat detection, and target identification at sea. Several modernization programs are currently underway to upgrade the capabilities of regional naval forces to ensure the combat readiness of existing underwater naval systems. Intelligence, surveillance, and reconnaissance ISR is a key mission area for current military applications. While it involves all platforms on land, air, and sea, the emerging capabilities of unmanned underwater vehicles (UUVs) will provide a new dimension to ISR operations. Unmanned vehicle programs are currently progressing toward a variety of applications, ranging from UAVs equipped with non-acoustic sensors for large-area search to crewless surface vehicles (USVs) equipped with active sources as part of multistatic operations and crewless underwater vehicles (UUVs) relying on special onboard sensors that can support covert tracking and trailing operations against adversaries' submarines during prehostilities. In addition, crewless underwater vehicles' command and control (C2) is not mature and will ultimately depend on acoustic and RF communications advances. For example, advanced acoustic communications techniques between UUVs, surveillance arrays, and host SSNs must be stealthy and reliable to facilitate future covert operations off an adversary's coast. Moreover, ongoing efforts at the Naval Warfare Systems Center SSC San Diego will combine expertise in both ISR and UUV systems to meet the requirements for global militaries in terms of naval ISR. Thus, such advancements will lead to growth in the market during the forecast period.
North America Is The Largest Market For Naval ISR Systems Globally
The North American region is the largest market for Naval ISR systems. The increased adaptation of advanced ISR technologies, such as artificial intelligence integration, increasing defense expenditure, and growing naval threats will significantly extend to the North American region during the forecasted period. As of 2022, the United States Navy plans to adopt AI-based navigation on their manned vessels. As part of the decision, Naval Sea Systems Command (NAVSEA) sought information on the technologies which can be integrated into the existing bridge systems, such as electronic chart displays and information systems. Increasing investments in terms of the development of advanced naval ISR systems in the region to support the navy in carrying out intelligence, surveillance, and reconnaissance missions has also provided a boost to the naval ISR manufacturing companies which are based in the North American region to develop advanced products, and this shall lead to the area experiencing significant growth during the forecast period.
