Global Unattended Ground Sensors Market size was valued US$ 420.65 Mn in 2019 and the total revenue is expected to grow at XX% through 2020 to 2027, reaching US$ XX Mn.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Global Unattended Ground Sensors (UGS) Market
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The report has covered region wise market trends with a competitive landscape. The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
Unattended ground sensors (UGS) are mainly utilized for monitoring and security applications for public security and military, which collect intelligence through seismic, acoustic, radiological, nuclear, and electro-optic. The global unattended ground sensors market is driven by the utilization of sensors for remote battlefield applications coupled with varying nature of warfare, rising terrorist activities, geopolitical issues, and increasing insurgencies in countries. A rise in defense and security spending for the nation, war clashes between enemy countries, and growing instability across the globe will impel market growth in the upcoming period. However, the operational issues related to UGS and increased design complexity may restrain the market growth at the global level. Growing incidences of border trespassing and the rising necessity for enhanced situational awareness are projected to create beneficial growth opportunities for key players in the market. Susceptibility of sensor networks to cyber-attacks are the major challenge for the Unattended Ground Sensors market in the near future.
Based on the end-user, the security segment has led the unattended ground sensors market in 2019 and is estimated to generate more than US$ XX Mn market revenue by 2027, with a CAGR of XX%. The militaries of different countries are upgrading the present security system with novel and innovative features. Economies like India, China, Russia, Afghanistan, the UK, the US, and the UAE have seen a large number of terrorist incidents in the last five years. Also, a rise in cross-border activities in these countries and the growing arrival of illegal refugees are likely to propel the segment growth in the market.
Geographically, the Unattended Ground Sensors market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America held the prominent market share of XX% in 2019 and is expected to reach US$ Mn by the end of 2027, with a CAGR of XX%. The presence of leading unattended ground sensors manufacturers and the early adoption of technologically advanced equipment and increasing military expenditure in the regions are propelling the regional market growth in the upcoming period. Asia Pacific is expected to grow at a CAGR of XX% during the forecast period. The growing adoption of network-centric warfare systems from military forces of several countries will fuel the unattended ground sensors market growth in the region. The rising investments in research and development activities for the introduction of advanced unattended ground sensors are predicted to accelerate the growth of this region in the near future. The Indian Army has taken the initiative for the development of tactical command, communication, and intelligence systems that more supportive of improving UGS capabilities are fueling the demand for advanced unattended ground sensors in the country. China, India, South Korea, and Japan are the prominent contributor to the unattended ground sensors market growth in this region. Among these, China has anticipated to holds the dominant market share of XX% in 2019.
The objective of the report is to present a comprehensive analysis of the Global Unattended Ground Sensors Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Unattended Ground Sensors Market dynamics, structure by analyzing the market segments and project the Global Unattended Ground Sensors Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Unattended Ground Sensors Market make the report investor’s guide.
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Global Unattended Ground Sensors Market, by Sensor Type:
Global Unattended Ground Sensors Market, by Deployment:
Global Unattended Ground Sensors Market, by End-User:
• Public Security
• Critical Infrastructure
• Industrial & Commercial Facilities
Global Unattended Ground Sensors Market, by Region:
• Asia Pacific
• North America
• Latin America
• Middle East Africa
Global Unattended Ground Sensors Market, Major Players:
• Northrop Grumman Corporation
• Textron Inc.
• Elbit Systems Ltd
• L3 Communications
• Domo Tactical Communications
• L3Harris Technologies, Inc.
• Textron Defense System
• Thales Group
• Ferranti International Plc
• Seraphim Optronics
• Applied Research Associates, Inc.
• Prust Holding B.V.
• Exensor Technology
• Qual-Tron Inc.
• Cobham Limited
• Lockheed Martin Corporation
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