The report of global Unattended Ground Sensors market by Sensor Type (Seismic, Acoustic, Magnetic, Infrared), Deployment (Hand-Emplaced, Air-Delivered), End-User (Security, Critical Infrastructure), and Region (Asia Pacific, North America, Europe, Latin America, and Middle East Africa) is expected to reach US$ XX Mn by 2027, at a CAGR of XX% during a forecast period.
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, and geopolitical issues. However, the operational issues related to UGS and increased design complexity may restrain the market growth at the global level. Susceptibility of sensor networks to cyber-attacks are the major challenge for the Unattended Ground Sensors market in the near future.
Security segment is expected to grow at the highest XX% CAGR during the forecast period.
In 2019, the security segment has dominated the Unattended Ground Sensors market and is estimated to grow at a CAGR of XX% during the forecast period. 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.
The North America dominated the Unattended Ground Sensors market in 2019
In 2019, North America held the prominent market share of XX% share of the unattended ground sensors market and is expected to maintain its dominance during the forecast period. 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. In terms of value and volume, 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.
Key players operating the global Unattended Ground Sensors market are Northrop Grumman Corporation, Textron Inc., Elbit Systems Ltd, L3 Communications, Domo Tactical Communications, McQ, Quantum, 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, and Lockheed Martin Corporation.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Unattended Ground Sensors Market. The report encompasses the market by different segments and regions, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist in the Global Unattended Ground Sensors Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Unattended Ground Sensors Market positioning of competitors.
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