Military Sensor Fusion Market Set to Grow to $921M by 2030

The key player has launched a new defence report Military Sensor Fusion Market Forecast 2020-2030: Forecast by Application (Command and Control, ISR, Target Recognition, Navigation, Situational Awareness, Others), Platform (Land Based, Airborne, Naval, Space), Technology (Mems, Non-Mems), Type (Inertial Combo Sensors, Radar + Image Sensors, Temperature Sensors + Pressure Sensors + Humidity/Light/Gas Sensors, IMU + GPS, Others) Plus Analysis of Leading Companies.

Sensor Fusion is defined as "software that combines multiple sensors to deliver enhanced performance". Sensor fusion technology is now capable of integrating with wide variety of defence products including drones, spacecraft, missiles, military vehicles, ships, marine systems, satellites and rockets. Military sensor fusion market is expected to grow at a high rate during the forecast period. Major factors driving the growth of the market includes increasing demand for information from battlefield owing to the increased defence attacks and threats from enemies. Advancements in sensor fusion technologies has led to the development of new applications other than target recognition such as military flight planning, data logistics, air tasking orders and others. The most productive areas in the field of military sensor fusion is the deployment of fused sensor technology in autonomous weapons including bombs and night vision rifles, biological agent and bomb detection systems and surveillance systems.

Leading companies featured in the report who are developing military sensor fusion includes Aechelon Technology, LLC, Analog Devices, BAE Systems plc, Curtiss-Wright Corporation, Esterline Technologies Corporation, General Dynamics Corporation, General Micro Systems, Honeywell International, Kongsberg Gruppen, Logos Technologies, LLC, Lockheed Martin Corporation, Millennium Engineering and Integration Company, MEMSIC,INC, Nurjana Technologies, Qinetiq, The Raytheon Company, Renesas Electronics Corporation, Safran Group and TE Connectivity

Source: ASDReports - Market Research
Date: Jun 22, 2020