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Singapore, Singapore, 07/17/2008 – Airborne early warning and maritime patrol aircraft will be some of the main beneficiaries of this modernization drive and consequently, airborne sensors that aid in intelligence, surveillance, and reconnaissance (ISR) will also get a leg up.
New analysis from Frost & Sullivan (defense.frost.com), Asia Pacific Air ISR Sensors (EO/IR) Markets, finds that the market earned revenues of $86.0 million in 2007 and estimates this to reach $99.5 million in 2014.
These air ISR sensors {electro-optics/infrared (EO/IR)} map accurate images from high altitudes, providing the commanding officers with the data to make well-informed decisions on the battlefield.
Airborne EO/IR sensors can even capture high-resolution images of small ships and the personnel aboard these ships in the vast sea areas surrounding Asia Pacific countries. They will go a long way in helping countries combat rising security threats such as hijacking, piracy, illegal trafficking, and smuggling.
The efficiency of EO/IR sensors has picked up with improvements in technology - especially in high definition imaging and advanced targeting and navigation systems.
"High definition imaging and advanced accurate navigation and targeting pods – the next generation of EO/IR sensors – will eventually replace the existing ones," says Frost & Sullivan Research Analyst Chern Wai Cheong. "However, these sensor technologies or new aircraft are not affordable to smaller nations, as they have limited defense budgets."
The high costs of R&D have escalated the costs of EO/IR sensors, compelling market participants to cultivate healthy relationships with governments to secure important contracts. First-hand knowledge of different defense procurement programs will also help companies to pit their capabilities against their competitors.
Market participants can achieve further penetration through mergers, local joint ventures, and acquisitions by global defense contractors. These globalization efforts will enable defense companies to easily overcome entry barriers and develop advanced capabilities faster.
"Many companies have reinvented themselves as they compete on some programs and simultaneously collaborate and partner on others," notes Cheong. "Although partnering can be difficult, it is important to make it work to spread risks and costs, and combine technologies and capabilities."
If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the Asia Pacific air ISR sensors (EO/IR) markets, then send an email to Donna Jeremiah, Corporate Communications, at djeremiah[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, an overview will be sent to you by email.
Asia Pacific Air ISR Sensors (EO/IR) Markets is part of the Aerospace & Defense Growth Partnership Service program, which also includes research in the following markets: Asia Pacific air ISR radar markets, Asia Pacific air C2 markets, European air ISR radar markets, European air ISR sensors (EO/IR) markets, and European air C2 markets. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.
Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting, and Growth Team Membership™ empower clients to create a growth-focused culture that generates, evaluates, and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.
Asia Pacific Air ISR Sensors (EO/IR) Markets - P1B1
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djeremiah[.]frost.com 
