Military Sensors Market Report 2025

The military sensors market size has grown strongly in recent years. It will grow from $10.74 billion in 2024 to $11.46 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to regulatory changes and standards, adoption of unmanned platforms, industrial partnerships and collaborations, focus on situational awareness, government initiatives and contracts.

The military sensors market size is expected to see strong growth in the next few years. It will grow to $14.65 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to miniaturization and low-power designs, global geopolitical instabilities, expansion of unmanned systems, integration of ai and machine learning, growing demand for ISR capabilities. Major trends in the forecast period include increased focus on cybersecurity, development of multi-functional sensors, miniaturization and lightweight designs, emphasis on hyperspectral and multi-spectral sensors, interoperability and sensor networking.

Growth in defense spending by emerging economies is a significant factor contributing to the expansion of the military sensors market. Military spending refers to the funds allocated by a country for building and maintaining its armed forces and other defense-related activities. This includes expenditures for operations, maintenance, procurement of weapons and armored vehicles, as well as military research and development. Such spending is essential for acquiring goods and services like arms, sensors, and military research and development, which in turn supports the demand for military sensors. For instance, in April 2024, the Stockholm International Peace Research Institute (SIPRI), a Sweden-based independent research organization, reported that total global military expenditure reached $2.44 trillion in 2023, reflecting a 6.8 percent increase in real terms from 2022. Therefore, the growth in defense spending by emerging economies is driving the military sensors market forward.

Increasing terrorist threats are playing a significant role in the growth of the military sensor market. The rise in these threats indicates a growing danger and heightened vulnerability to attacks worldwide. Military sensors are deployed to detect unusual activities, unauthorized movements, or potential threats in sensitive areas, facilitating early identification and response to possible terrorist actions. For example, in February 2024, The Institute for Economics and Peace, an Australia-based international think tank, reported that terrorist attacks became increasingly lethal in 2023, with an average of 2.5 deaths per attack compared to 1.6 in 2022. Therefore, the escalating terrorist threats are expected to drive the military sensor market in the future.

Major companies in the military sensor market are focusing on strategic partnerships to strengthen their competitive position and address the evolving demands of modern military operations. These collaborations play a key role in enhancing technological capabilities and operational efficiency. For example, in September 2024, Oracle, a U.S.-based technology company, partnered with Rafael Advanced Defense Systems, an Israeli defense technology firm, to boost the capabilities of the U.S. military using cloud-based artificial intelligence (AI) solutions. This collaboration integrates Rafael's advanced systems, including IMILITE and FIRE WEAVER, into Oracle’s Cloud Infrastructure (OCI), improving decision-making in critical battlefield situations. Through this partnership, the U.S. military gains access to AI-powered imagery intelligence and sensor-to-shooter systems, crucial for quick and informed decisions during missions.

Major companies in the military sensors market are focused on developing advanced sensor solutions to improve precision, expand detection ranges, and enhance situational awareness for effective threat identification and response in military operations. These advanced sensor solutions incorporate cutting-edge technologies that optimize data collection, accuracy, and real-time analysis, enabling precise decision-making in sectors such as military, healthcare, and environmental monitoring. For example, in November 2022, L3Harris Technologies Inc., a U.S.-based aerospace and defense technology firm, introduced an advanced infrared sensor to upgrade the Javelin Weapon System's Command Launch Unit. This sensor, widely used in U.S. and international military operations, significantly reduces target engagement time by integrating long-range, high-definition midwave infrared technology. This development was made possible through the Vital Infrared Sensor Technology Acceleration program, sponsored by the U.S. Army, Air Force, and Navy.

In March 2022, Standex International Corporation acquired Sensor Solutions for $9.7 million. This strategic acquisition expanded Standex International Corporation's technical expertise and customer solutions in growing sectors, including military speed and position magnetic sensors for applications such as electric vehicles, industrial automation, and medical markets.

Major companies operating in the military sensors market include BAE Systems PLC, Curtiss-Wright Corporation, Esterline Technologies Corporation, Honeywell International Inc., Lockheed Martin Corporation, Raytheon Technologies Corporation, TE Connectivity Ltd., Thales Group, General Electric Company, Imperx Inc., Microflown AVISA BV, Vectornav Technologies LLC, Rock West Solutions Inc., KONGSBERG GRUPPEN ASA, Ultra Electronics, Aerosonic LLC, Viooa Imaging Technology Inc., Northrop Grumman Corporation, L3Harris Technologies Inc., Safran Electronics & Defense, Leonardo S.p.A., Rheinmetall AG, Elbit Systems Ltd., FLIR Systems Inc., Collins Aerospace, Cobham plc, Moog Inc., Meggitt PLC, QinetiQ Group plc, Terma A/S, ASELSAN A.Ş., RADA Electronic Industries Ltd., Israel Aerospace Industries Ltd., Rafael Advanced Defense Systems Ltd., Bharat Electronics Limited, Hindustan Aeronautics Limited.

North America was the largest region in the military sensors market in 2024. The regions covered in the military sensors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the military sensors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A military sensor is a crucial component of weaponry, electronic equipment, or aircraft designed to detect or examine its surroundings, providing real-time information. Military sensors play a vital role in various applications, including missiles, aircraft, radars, combat systems, navigation, target tracking, active guiding, weapon control, and environmental awareness.

The main types of military sensor components include software and hardware. Software sensors generate signals through software applications. These sensors are deployed across different platforms, including airborne, land-based, and naval applications. They find applications in intelligence, surveillance, and reconnaissance (ISR), communication and navigation, target recognition, electronic warfare, command and control, and other military operations.

The military sensors market research report is one of a series of new reports that provides military sensors market statistics, including military sensors industry global market size, regional shares, competitors with a military sensors market share, detailed military sensors market segments, market trends and opportunities, and any further data you may need to thrive in the military sensors industry. The military sensors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The military sensors market consists of revenues earned by entities by providing services such as night-vision surveillance, detecting hidden bombs, monitoring engine speed, and cam and crankshaft speed. The market value includes the value of related goods sold by the service provider or included within the service offering. The military sensors market also includes sales of imaging sensors, seismic sensors, acoustic sensors, magnetic sensors, pressure sensors, GPS sensors and proximity sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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