Signals Intelligence (SIGINT) Market

Signals Intelligence (SIGINT) Market by Type (Electronic Intelligence (Elint) & Communications Intelligence (Comint)), Application (Airborne, Naval, Ground (Vehicle-Mounted, Soldiers, & Base Station), Space, & Cyber), and Region - Global Forecast to 2023

Report Code: TC 6963 Mar, 2019, by marketsandmarkets.com

[116 Pages Report] The global SIGINT market size is expected to grow from USD 12.8 billion in 2018 to USD 15.6 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 4.1% during the forecast period. The major driving factors for the SIGINT market are the increasing terrorism, growing defense budget of major countries across the globe, and modernization or replacement of an aging defense system.  

Signals Intelligence (SIGINT) Market

By type, the ELINT segment is expected to hold the largest market size during the forecast period.

ELINT is the information gathered by the use of electronic sensors. ELINT helps strategists develop insights to manage operations in disputed areas and other important locations, and inform aviators, sailors, and ground forces about the threats they may encounter. It involves gathering data about the enemy's electronic defense network, particularly electronic devices such as radars, surface-to-air missile systems, aircraft, and electronic transmitters. The increasing complexity of threats across the globe is driving the ELINT market as ELINT technology assists in detecting, recognizing, and countering the threats.

Space application is expected to grow at the highest CAGR during the forecast period.

SIGINT in space or satellites is a vital resource for defense and security missions, especially while planning operations and mission deployments remotely. The satellites are designed to provide strategic threat assessments and offer an exceptional level of tactical support to decision makers and soldiers. SIGINT satellites support the warfighter, as the warfighter retrieves every minute data on a 24/7 basis, potentially every day of the year. Satellites such as Galactic Radiation and Background (GRAB), COMOR, and Orion are some of the major examples of intelligence satellites, which detect and determine the characteristics of new and unusual signals and offer Radar Order of Battle (ROB) for electronic warfare/ground-control intercept emitters in the Sino-Soviet Bloc.

Signals Intelligence (SIGINT) Market

North America is expected to hold the largest market size during the forecast period.

North America is expected to dominate the global SIGINT market as its defense forces are investing a lot in developing more technologically-advanced SIGINT systems. According to SIPRI, in 2017, the military spending of North America was USD 630 billion, which is the highest in the world. In addition, the increase in military support to other countries and increasing terrorism are the major factors driving the North American SIGINT market. The region includes countries such as the US and Canada. The US government has taken initiatives to implement advanced SIGINT systems for naval, land, and air forces.

Key Market Players

Major vendors in the SIGINT market include BAE systems (UK), Lockheed Martin (US), Northrop Grumman (US), Thales (France), Raytheon (US), Elbit Systems (Israel), General Dynamics (US), Israel Aerospace Industries (Israel), Saab (Sweden), Mercury Systems (US), Rolta India (India), Rheintmetall (Germany), Systematic (Denmark), Harris (US), and Cobham (UK).

Scope of the report:

Report Metrics

Details

Market size available for years

2016–2023

Base year considered

2017

Forecast period

2018–2023

Forecast units

Value (USD)

Segments covered

By Type (ELINT and COMINT), Application (airborne, ground, naval, space, and cyber), and Region

Geographies covered

North America, APAC, Europe, Middle East and Africa, and Latin America

Companies covered

BAE Systems (UK), Lockheed Martin (US), Northrop Grumman (US), Thales (France), Raytheon (US), Elbit Systems (Israel),
General Dynamics (US), and Saab (Sweden) among others. A total of 15 players covered.

This research report categorizes the SIGINT market based on type, application, and region.

By Type:

  • ELINT (Electronic Intelligence)
  • COMINT (Communication Intelligence)

By Application:

  • Airborne
  • Ground
  • Naval
  • Space
  • Cyber

By Region:

  • North America
  • Europe
  • APAC
  • MEA
  • Latin America

Key questions addressed by the report:

  • Where would all these developments take the industry in the mid to long term?
  • What are the upcoming industry solutions for the SIGINT market?
  • What are the major factors expected to drive the SIGINT market?
  • Which region would offer high growth for vendors in the SIGINT market?
  • Which solution would gain the highest market share in the SIGINT market?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Segmentation
    1.4 Years Considered for the Study
    1.5 Currency Considered
    1.6 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakup of Primaries
                    2.1.2.2 Key Industry Insights
    2.2 Market Breakup and Data Triangulation
    2.3 Market Size Estimation
           2.3.1 Top-Down Approach
           2.3.2 Bottom-Up Approach
    2.4 Market Forecast
    2.5 Assumptions for the Study
    2.6 Limitations of the Study

3 Executive Summary (Page No. - 25)

4 Premium Insights (Page No. - 27)
    4.1 Attractive Opportunities in the Signals Intelligence Market
    4.2 Signals Intelligence Market in North America, By Type and Country
    4.3 Signals Intelligence Market, By Region
    4.4 Signals Intelligence Market: Global Revenue Share

5 Market Overview (Page No. - 30)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Terrorism to Remain A Critical Global Threat
                    5.2.1.2 Growing Defense Budget of Major Countries Across the Globe
                    5.2.1.3 Modernization Or Replacement of Aging Defense Systems
           5.2.2 Restraints
                    5.2.2.1 High Cost Involved in Signals Intelligence System Deployment
           5.2.3 Opportunities
                    5.2.3.1 Increasing Presence of Signals Intelligence in the Public Domain
           5.2.4 Challenges
                    5.2.4.1 Incapability to Address Multiple Threats
    5.3 Porter’s Five Forces Analysis
           5.3.1 Threat From New Entrants
           5.3.2 Threat of Substitutes
           5.3.3 Bargaining Power of Suppliers
           5.3.4 Bargaining Power of Buyers
           5.3.5 Intensity of Competitive Rivalry

6 Signals Intelligence Market, By Type (Page No. - 37)
    6.1 Introduction
    6.2 Electronic Intelligence (ELINT)
           6.2.1 Increasing Complexity of Threats Across the Globe to Drive the ELINT Market
    6.3 Communications Intelligence (COMINT)
           6.3.1 Growing Demand for COMINT Systems and Solution to Assess the Movements and Intentions of Enemy Forces

7 Signals Intelligence Market, By Application (Page No. - 41)
    7.1 Introduction
    7.2 Ground
           7.2.1 Need for Intelligence Services and Support Continues to Grow as Soldiers Remain Engaged on Multiple Fronts
    7.3 Airborne
           7.3.1 Air Forces of Various Nations are Investing Vigorously in Building Strong Communication Networks
    7.4 Naval
           7.4.1 Demand for Threat Identification and Strategic Intelligence Capabilities to Increase the Demand for SIGINT
    7.5 Space
           7.5.1 Growing Role of Space-Based SIGINT System in Defense and Security Operations to Drive Its Market Growth
    7.6 Cyber
           7.6.1 Cyber Threat Intelligence Helps Government and Defense to Combat Multiple Cyber Threats

8 Signals Intelligence Market, By Region (Page No. - 50)
    8.1 Introduction
    8.2 North America
           8.2.1 United States
                    8.2.1.1 Increasing Government Investments and Contracts to Drive the Growth of the SIGINT Market in the US
           8.2.2 Canada
                    8.2.2.1 Huge Investment By the Canadian Government to Increase the Level of Security for the Protection of People
    8.3 Europe
           8.3.1 United Kingdom
                    8.3.1.1 UK Military Expenditure to Drive the Growth of SIGINT Market
           8.3.2 France
                    8.3.2.1 Increased SIGINT Activity in Space-Based Signal Intelligence in France
           8.3.3 Germany
                    8.3.3.1 Germany as A Key Market and an International Technological and Industrial Center of Military and Homeland Security Forces to Provide Good Market Growth Opportunity
           8.3.4 Russia
                    8.3.4.1 Russia Continues to Maintain One of the Most Sophisticated SIGINT Programs Across the Globe
           8.3.5 Rest of Europe
    8.4 Asia Pacific
           8.4.1 China
                    8.4.1.1 China to Focus on SIGINT to Become A Global Power in ICT
           8.4.2 Japan
                    8.4.2.1 Growing Use of SIGINT Systems for Defense Applications in Japan to Drive the Growth of the SIGINT Market
           8.4.3 India
                    8.4.3.1 Indian Navy is Aiming to Gain Access to Dedicated Communication and Surveillance Satellite Capabilities for Military Applications
           8.4.4 Australia
                    8.4.4.1 Australia is Making Huge Investments and Acquisitions to Enhance Its Defense Position
           8.4.5 Rest of Asia Pacific
    8.5 Middle East and Africa
           8.5.1 Kingdom of Saudi Arabia
                    8.5.1.1 Ksa Was the Third-Largest Military Spender After the US and China in 2017
           8.5.2 United Arab Emirates
                    8.5.2.1 Increasing Government Investment to Boost the SIGINT Market of the UAE
           8.5.3 Rest of Middle East and Africa
    8.6 Latin America
           8.6.1 Brazil
                    8.6.1.1 Increasing Brazilian Military Expenditure to Boost the SIGINT Market
           8.6.2 Mexico
                    8.6.2.1 Mexico Holds Potential Business Opportunities in Defense Aerospace
           8.6.3 Rest of Latin America

9 Competitive Landscape (Page No. - 73)
    9.1 Overview
    9.2 Market Ranking
    9.3 Competitive Scenario
           9.3.1 New Product Launches and Product Enhancements
           9.3.2 Partnerships, Collaborations, and Agreements
           9.3.3 Mergers and Acquisitions
    9.4 Competitive Leadership Mapping
           9.4.1 Visionary Leaders
           9.4.2 Dynamic Differentiators
           9.4.3 Innovators
           9.4.4 Emerging Companies

10 Company Profiles (Page No. - 79)
(Business Overview, Products, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
     10.1 BAE Systems
     10.2 Lockheed Martin
     10.3 Northrop Grumman
     10.4 Thales
     10.5 Raytheon
     10.6 Elbit Systems
     10.7 General Dynamics
     10.8 Israel Aerospace Industries
     10.9 SAAB
     10.10 Mercury Systems
     10.11 Rolta India
     10.12 Rheinmetall
     10.13 Systematic A/S
     10.14 Harris
     10.15 Cobham

*Details on Business Overview, Products, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

11 Appendix (Page No. - 111)
     11.1 Discussion Guide
     11.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     11.3 Available Customizations
     11.4 Related Reports
     11.5 Author Details


List of Tables (48 Tables)

Table 1 Factor Analysis
Table 2 Number of Terrorist Attacks in Major Countries Across the Globe, 2017
Table 3 Defense Expenditure of Major Countries, 2017
Table 4 Signals Intelligence Market Size, By Type, 2016–2023 (USD Million)
Table 5 Electronic Intelligence: Signals Intelligence Market Size, By Region, 2016–2023 (USD Million)
Table 6 Communications Intelligence: Signals Intelligence Market Size, By Region, 2016–2023 (USD Million)
Table 7 Signals Intelligence Market Size, By Application, 2016–2023 (USD Million)
Table 8 Ground: Signals Intelligence Market Size, By Region, 2016–2023 (USD Million)
Table 9 Airborne: Signals Intelligence Market Size, By Region, 2016–2023 (USD Million)
Table 10 Naval: Signals Intelligence Market Size, By Region, 2016–2023 (USD Million)
Table 11 Space: Signals Intelligence Market Size, By Region, 2016–2023 (USD Million)
Table 12 Cyber: Signals Intelligence Market Size, By Region, 2016–2023 (USD Million)
Table 13 Signals Intelligence Market Size, By Region, 2016–2023 (USD Million)
Table 14 North America: Signals Intelligence Market Size, By Type, 2016–2023 (USD Million)
Table 15 North America: Signals Intelligence Market Size, By Application, 2016–2023 (USD Million)
Table 16 North America: Airborne Market Size, By Subtype, 2016–2023 (USD Million)
Table 17 North America: Ground Market Size, By Subtype, 2016–2023 (USD Million)
Table 18 North America: Naval Market Size, By Subtype, 2016–2023 (USD Million)
Table 19 North America: Signals Intelligence Market Size, By Country, 2016–2023 (USD Million)
Table 20 Europe: Signals Intelligence Market Size, By Type, 2016–2023 (USD Million)
Table 21 Europe: Signals Intelligence Market Size, By Application, 2016–2023 (USD Million)
Table 22 Europe: Airborne Market Size, By Subtype, 2016–2023 (USD Million)
Table 23 Europe: Ground Market Size, By Subtype, 2016–2023 (USD Million)
Table 24 Europe: Naval Market Size, By Subtype, 2016–2023 (USD Million)
Table 25 Europe: Signals Intelligence Market Size, By Country, 2016–2023 (USD Million)
Table 26 Asia Pacific: Signals Intelligence Market Size, By Type, 2016–2023 (USD Million)
Table 27 Asia Pacific: Signals Intelligence Market Size, By Application, 2016–2023 (USD Million)
Table 28 Asia Pacific: Airborne Market Size, By Subtype, 2016–2023 (USD Million)
Table 29 Asia Pacific: Ground Market Size, By Subtype, 2016–2023 (USD Million)
Table 30 Asia Pacific: Naval Market Size, By Subtype, 2016–2023 (USD Million)
Table 31 Asia Pacific: Signals Intelligence Market Size, By Country, 2016–2023 (USD Million)
Table 32 Middle East and Africa: Signals Intelligence Market Size, By Type, 2016–2023 (USD Million)
Table 33 Middle East and Africa: Signals Intelligence Market Size, By Application, 2016–2023 (USD Million)
Table 34 Middle East and Africa: Airborne Market Size, By Subtype, 2016–2023 (USD Million)
Table 35 Middle East and Africa: Ground Market Size, By Subtype, 2016–2023 (USD Million)
Table 36 Middle East and Africa: Naval Market Size, By Subtype, 2016–2023 (USD Million)
Table 37 Middle East and Africa: Signals Intelligence Market Size, By Country, 2016–2023 (USD Million)
Table 38 Latin America: Signals Intelligence Market Size, By Type, 2016–2023 (USD Million)
Table 39 Latin America: Signals Intelligence Market Size, By Application, 2016–2023 (USD Million)
Table 40 Latin America: Airborne Market Size, By Subtype, 2016–2023 (USD Million)
Table 41 Latin America: Ground Market Size, By Subtype, 2016–2023 (USD Million)
Table 42 Latin America: Naval Market Size, By Subtype, 2016–2023 (USD Million)
Table 43 Latin America: Signals Intelligence Market Size, By Country, 2016–2023 (USD Million)
Table 44 Market Ranking for the SIGINT Market, 2018
Table 45 New Product Launches and Product Enhancements, 2016–2018
Table 46 Partnerships, Collaborations, and Agreements, 2016–2018
Table 47 Mergers and Acquisitions, 2016–2018
Table 48 Evaluation Criteria


List of Figures (41 Figures)

Figure 1 Signals Intelligence Market: Research Design
Figure 2 Market Estimation and Forecast Methodology
Figure 3 Signals Intelligence Market, Top 3 Segments, 2018
Figure 4 Electronic Intelligence to Have A Higher Market Share in 2018
Figure 5 Need to Modernize and Replace Aging Defense Systems to Drive the Signals Intelligence Market
Figure 6 ELINT and the United States to Hold Higher Market Shares in 2018
Figure 7 Asia Pacific to Grow at the Highest CAGR During the Forecast Period
Figure 8 North America to Emerge as the Best Market for Investment Over the Next 5 Years
Figure 9 Drivers, Restraints, Opportunities, and Challenges: Signals Intelligence Market
Figure 10 Porter’s Five Forces Analysis (2017)
Figure 11 Communication Intelligence to Grow at A Higher CAGR During the Forecast Period
Figure 12 Asia Pacific to Grow at the Highest CAGR During the Forecast Period
Figure 13 Airborne Application to Dominate the Signals Intelligence Market in 2018
Figure 14 North America to Dominate the Ground Segment in the Signals Intelligence Market During the Forecast Period
Figure 15 Asia Pacific to Grow at the Highest CAGR During the Forecast Period
Figure 16 North America to Hold the Largest Market Size During the Forecast Period
Figure 17 North America: Market Snapshot
Figure 18 Airborne to Hold the Largest Market Size in North America During the Forecast Period
Figure 19 Electronic Intelligence to Hold the Largest Market Size During the Forecast Period
Figure 20 Airborne to Hold the Largest Market Size During the Forecast Period
Figure 21 Italy to Grow at the Highest CAGR in Europe During the Forecast Period
Figure 22 Asia Pacific: Market Snapshot
Figure 23 India to Grow at the Highest CAGR in Asia Pacific During the Forecast Period
Figure 24 Electronic Intelligence Segment to Hold A Larger Market Size in Middle East and Africa During the Forecast Period
Figure 25 Electronic Intelligence Segment to Hold A Larger Market Size in Latin America During the Forecast Period
Figure 26 Key Developments By the Leading Players in the SIGINT Market During 2016–2018
Figure 27 SIGINT Market (Global) Competitive Leadership Mapping, 2018
Figure 28 BAE Systems: Company Snapshot
Figure 29 SWOT Analysis: BAE Systems
Figure 30 Lockheed Martin: Company Snapshot
Figure 31 SWOT Analysis: Lockheed Martin
Figure 32 Northrop Grumman: Company Snapshot
Figure 33 SWOT Analysis: Northrop Grumman
Figure 34 Thales: Company Snapshot
Figure 35 SWOT Analysis: Thales
Figure 36 Raytheon: Company Snapshot
Figure 37 SWOT Analysis: Raytheon
Figure 38 Elbit Systems: Company Snapshot
Figure 39 General Dynamics: Company Snapshot
Figure 40 SAAB: Company Snapshot
Figure 41 Mercury Systems: Company Snapshot

The study involved 4 major steps to estimate the current market size of the Signals Intelligence (SIGINT) market. The exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of the segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet, have been referred to, to identify and collect information for this study. These secondary sources included annual reports, press releases and investor presentations of companies; white papers, technology journals, certified publications; and articles from recognized authors, directories, and databases.

Primary Research

The SIGINT market comprises several stakeholders such as solution and service providers, support and maintenance service providers, manufacturing enterprises, technology consultants, system design and development vendors, and logistics and supply chain management providers. The extensive primary research was conducted to gather information, and verify and validate the critical numbers arrived at. Primary research was also conducted to identify the segmentation types, industry trends, key players, the competitive landscape of different market players, and key market dynamics such as drivers, restraints, opportunities, challenges, industry trends, and key strategies. Following is the breakdown of primary respondents:

Signals Intelligence (SIGINT) Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the overall size of the SIGINT market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and markets have been identified through extensive secondary research.
  • The SIGINT market expenditures across regions along with the geographic split in various segments have been considered to arrive at the overall market size.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakup procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the SIGINT industry.

Report Objectives:

  • To define, describe, and forecast the Signals Intelligence (SIGINT) market by type, application, and region.
  • To provide detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the market growth.
  • To analyze the opportunities in the market and provide details of the competitive landscape to the stakeholders and market leaders.
  • To forecast the market size of the segments with respect to 5 main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America.
  • To profile the key players and comprehensively analyze their market ranking and core competencies.1
  • To analyze competitive developments, such as new partnerships, new contracts, and new product developments, in the SIGINT market

1Core competencies of the companies have been captured in terms of key developments and key strategies adopted by them to sustain their respective positions in the market.

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Geographic Analysis

  • Further breakup of the North American market into the US and Canada
  • Further breakup of the European market into the UK, Germany, France, Russia, Italy, and Rest of Europe
  • Further breakup of the APAC market into China, Japan, India, Australia, and Rest of APAC
  • Further breakup of the MEA market into the KSA, UAE, and Rest of MEA
  • Further breakup of the Latin American market into Brazil, Mexico, and Rest of Latin America

Company Information

  • Detailed analysis and profiling of additional market players
Report Code
TC 6963
Published ON
Mar, 2019
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