Reconnaissance and Surveillance Segment Leads the Way, Boeing, Bombardier, and Embraer Innovate for Market Domination
North America, particularly the United States, leads the global market, benefiting from substantial defense spending and a robust defense industry.
- North America, particularly the United States, leads the global market, benefiting from substantial defense spending and a robust defense industry.
- Favorable government policies are poised to further support market growth in North America and Europe during the forecast period.
- In 2022, the intelligence, surveillance, and reconnaissance (ISR) aircraft and drones market was dominated by established players, accounting for 90% of the market share, whereas start-ups managed to capture 10% of the market.
- With the growing need for military reconnaissance purposes arising, more players will enter the global intelligence, surveillance, and reconnaissance (ISR) aircraft and drones market with each passing year.