HOME Research Insight Market Leader - Unattended Ground Sensors (UGS) Market

Market Leader - Unattended Ground Sensors (UGS) Market

The Unattended Ground Sensors (UGS) market is projected to grow from USD 363.8 Million in 2017 to USD 457.9 Million by 2022, at a CAGR of 4.71% during the forecast period. North America is estimated to be the largest market for unattended ground sensors, followed by Europe in 2017. The growth of the unattended ground sensors market is driven by the changing nature of warfare, and rise in the terrorism, geopolitical issues, and insurgencies across countries in the world.

Some of the key players in the unattended ground sensors market are Northrop Grumman (US), Textron (US), Elbit Systems (Israel), L3 Communications (US), DTC (US), and others.

Major strategies adopted by the players include contracts & agreements and new product launches. Contracts & agreements was the most commonly adopted strategy from 2014 to 2017. The industry players adopted these strategies to grow and sustain in the unattended ground sensors market.

Northrop Grumman Corporation (US) is one of the largest players in offering products and solutions related to aerospace, electronics, and information to its global customers. The company is a prime contractor for high-priority defense and government service technology programs in the US. In April 2015, the company received a five-year contract worth of USD 49 Million for persistent surveillance system including unattended ground sensors and UGS controller device. Moreover, the company received a contract from the US Army to provide SCORPION and SCORPION II wired and wireless UGS systems and support services over a five-year period, in April 2012. 

L3 Technologies is headquartered in New York (US) is another prominent player in the unattended ground sensors market and is engaged in developing technologically-advanced products for use across various end-use industries. The company introduced its new BAIS-i sensor. It is a versatile seismic sensor for battlefield Anti-Intrusion System which is part of Tactical Remote Sensor System (TRSS). The company is mainly focused on organic growth strategies such as new product launches and engaged in the development of new products to increase their product portfolios.

Related Reports:

Unattended Ground Sensors (UGS) Market by Sensor Type (Seismic, Acoustic, Magnetic, and Infrared), Deployment (Hand-Emplaced, and Air-Delivered), End-User (Security, and Critical Infrastructure), and Region - Global Forecast to 2022

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