North America Military Sensors Market Size & Outlook
North America military sensors market highlights
- The North America military sensors market generated a revenue of USD 4,157.5 million in 2023.
- The market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
- In terms of segment, airborne was the largest revenue generating end use in 2023.
- Airborne is the most lucrative end use segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 4,157.5 million |
| Market revenue in 2030 | USD 5,683.9 million |
| Growth rate | 4.6% (CAGR from 2024 to 2030) |
| Largest segment | Airborne |
| Fastest growing segment | Airborne |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Airborne |
| Key market players worldwide | Honeywell International Inc, Lockheed Martin Corp, BAE Systems PLC, L3Harris Technologies Inc, Leonardo SpA ADR, Teledyne Technologies Inc, Safran SA, Textron Inc, Curtiss-Wright Corp, TE Connectivity Ltd, Thales Group, Portland General Electric Co, RTX Corp |
Other key industry trends
- In terms of revenue, North America region accounted for 36.5% of the global military sensors market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,812.0 million by 2030.
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Military Sensors Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Curtiss-Wright Corp | View profile | 8600 | 130 Harbour Place Drive, Suite 300, Davidson, NC, United States, 28036 | https://www.curtisswright.com |
| Thales Group | View profile | 10001+ | Paris, Ile-de-France, France, Europe | http://www.thalesgroup.com |
| Teledyne Technologies Inc | View profile | 14900 | 1049 Camino Dos Rios, Thousand Oaks, CA, United States, 91360-2362 | https://www.teledyne.com |
| Safran SA | View profile | 83278 | 2, boulevard du General-Martial-Valin, Paris, France, 75015 | https://www.safran-group.com |
| BAE Systems PLC | View profile | 99800 | 6 Carlton Gardens, Stirling Square, London, United Kingdom, SW1Y 5AD | https://www.baesystems.com |
| Leonardo SpA ADR | View profile | 51000 | Piazza Monte Grappa 4, Rome, Italy, 00195 | http://www.leonardocompany.com |
| TE Connectivity Ltd | View profile | 90000 | Muhlenstrasse 26, Schaffhausen, Switzerland, CH-8200 | https://www.te.com |
| Lockheed Martin Corp | View profile | 122000 | 6801 Rockledge Drive, Bethesda, MD, United States, 20817 | https://www.lockheedmartin.com |
| Portland General Electric Co | View profile | 2842 | 121 South West Salmon Street, Portland, OR, United States, 97204 | https://www.portlandgeneral.com |
| L3Harris Technologies Inc | View profile | 50000 | 1025 West NASA Boulevard, Melbourne, FL, United States, 32919 | https://www.l3harris.com |
| Textron Inc | View profile | 35000 | 40 Westminster Street, Providence, RI, United States, 02903 | https://www.textron.com |
| RTX Corp | View profile | 185000 | 1000 Wilson Boulevard, Arlington, VA, United States, 22209 | https://www.rtx.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
North America military sensors market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to military sensors market will help companies and investors design strategic landscapes.
Airborne was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the North America military sensors market based on airborne covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of military sensors market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America military sensors market , including forecasts for subscribers. This continent databook contains high-level insights into North America military sensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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