Unattended Ground Sensors Market to offer a healthy CAGR of 5.2% during 2020-25
February 13, 2020
Unattended Ground Sensors Market Overview:
Unattended ground sensors market is likely to witness an impressive CAGR of 5.2% during the forecast period. This unprecedented growth is owing to the varying nature of warfare and upsurge in terrorism, geopolitical issues, and insurgencies across nations globally.
Report Overview:
This new report from Stratview Research analyses the Unattended Ground Sensors Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
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Unattended Ground Sensors Market Segment Insights:
Seismic Sensors: The growth engine
Based on the sensor type, the market is segmented as seismic, acoustic, magnetic, and infrared sensors. Seismic sensors are estimated to hold the largest share of the market in the coming five years. These sensors render route of the trespasser’s movement, foot-borne, and vehicles based on seismic signature they yield. Also, recent technological development in the seismic sensor made it more competent and less susceptible to false alarms.
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https://www.stratviewresearch.com/toc/616/unattended-ground-sensors-market.html
A highly/moderately/fragment consolidated Market
Some of the major players in the unattended ground sensors market are Applied Research Associates (ARA), Domo Tactical Communications (DTC), Elbit Systems, Harris Corporation, Lockheed Martin Corporation, L3 Technologies, Northrop Grumman Corporation, Textron, Thales Group, and The Raytheon Company.
Regional Hegemony of North America & the dominance of Security
In terms of regions, North America is estimated to remain dominant in the global unattended ground sensors market during the forecast period, driven by the growing use of UGS in various overseas combat operations executed by the US Army in nations, such as Afghanistan and Iraq.
Asia-Pacific is expected to be the fastest-growing market for unattended ground sensors in the coming five years. The rising claim for network-centric warfare systems from military forces of various countries in the Asia-Pacific region is anticipated to bolster the growth of the market in this region. China, India, and Japan are the high growth engines of this region. China is considered to be the largest market in Asia-Pacific. The People's Liberation Army (PLA) in China has adopted various reforms to upraise the Integrated Network Electronic Warfare (INEW) to a tactical level of combat. In India, the progression of tactical command, communication, and intelligence systems employed by the Indian Army is a significant measure towards enriching the UGS capabilities, which is driving the demand for advanced unattended ground sensors in the nation.
Based on the end-user type, the market is segmented as security and critical infrastructure. Security is estimated to be the larger segment in the coming five years. Unattended ground sensor systems empower military and public security forces to prevent intruders from accessing or infiltrating borders. Hence, the rising applicability of UGS in the military and public security sectors is expected to bolster the growth of the unattended ground sensors market during the forecast period.
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