Market Overview

Global Signal Intelligence Systems Market was valued at USD 10.78 billion in 2020, and is projected to grow at a CAGR of 7.0% during the forecast period from 2022 to 2030.

Signal intelligence (SIGINT) is information obtained by intercepting signals, whether they are human-to-human conversations (COMINT) or non-directly used electronic signals. (ELINT). Signals intelligence is a subset of management of intelligence gathering. Signal intelligence requires the use of cryptanalysis to decipher transmissions because sensitive and confidential information is typically encoded. Information is reintegrated using traffic analysis, which is the study of who is signaling whom and in what quantity. In addition, signal intelligence (SIGINT) has become an integral part of command and control systems, public safety and security initiatives, and situational awareness. By capturing data such as texts, emails, and phone calls, SIGINT is able to provide actionable intelligence in real time. Signal intelligence is the process of obtaining information by accumulating and analyzing the target's electronic signals and communications.

A signal intelligence system is a technology that collects and interprets electronic communication information from a variety of sources to provide meaningful intelligence. Signals have been a key source of military operations since ancient times, with torches or flags being used to transmit signals. The Signal Intelligence System is also referred to as SIGINT, which stands for "Signal Intelligence".

Signal Intelligence Systems market size estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Signal Intelligence Systems market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and other global crisis.

Market Dynamics

Driver: Increasing defense budgets in major countries around the world
National security is the security of the nation-state and is considered a government duty. This includes citizens, economies and institutions of the country. National security is a major priority for many countries around the world and requires large budgets to build and maintain. Total global military spending in 2018 was approximately $1.8 trillion, an increase of 2.6% compared to 2017.
The United States spends the most money on defense, more than the next seven countries combined. The United States spent $649 billion on defense in 2018, followed by the next seven countries (China, Saudi Arabia, India, France, Russia, United Kingdom and Germany) for a total of $609 billion. National security in the United States is the third most expensive government program after Social Security and Medicare. Historically, the United States has consistently spent more on defense than any other G-7 country.

Restraint: High costs associated with deploying a signal intelligence system
Adoption of advanced and innovative technologies and products is a constant challenge for the military due to budget constraints and a lack of skilled personnel. Budget constraints often impede adoption of advanced communications systems. European Union countries recovering from the economic crisis also expressed their intention to cut defense budgets. Countries around the world are seeking and inviting new alternatives to military systems to reduce costs. Therefore, SIGINT Industries is transitioning from a defense industry supplier to a commercial supplier. For example, the reduction in defense budgets in some major economies such as Saudi Arabia, United Kingdom, France, and Germany will impact the demand for SIGINT systems in the near future, and the SIGINT market. Emerging markets, capital-intensive markets, are not growing at the pace they would like.

Opportunity: Increased Presence of Signal Intelligence in the Public Sphere
Although SIGINT capabilities are primarily used in the government and defense sectors, SIGINT solutions are extending their reach to other applications including maritime domain awareness. eavesdropping, jamming and hijacking of radio frequency (RF) spectrum mapping satellite communications; and cyber surveillance. Maritime Domain Awareness is the most mature commercial SIGINT application that provides an effective understanding of any vessel or object in a maritime domain that may have a security, safety, economic or environmental impact. A wide variety of industries now have SIGINT systems for protection and security. For instance, Elbit Systems won a $15 million contract from Energean Israel to supply a comprehensive solution for the floating production storage and offloading (FPSO) platform at the offshore Karish-Tanin gas field. The suite of technologies includes a wide range of sensors, radar, sonar, command and control center and will be equipped with a high-speed interceptor boat with a dedicated sensor suite. This security solution provides the ability to detect and identify surface and underwater threats, enabling security teams to respond efficiently.

Industry News

• September 2020 - BAE Systems introduced the Riptide UUV-12, its newest Unmanned Undersea Vehicle (UUV) offering.
• October 2020 - Raytheon Intelligence and Space introduced a virtualized testing solution to evaluate cyber vulnerabilities.
• July 2020 - Saab established a new FCAS center in the United Kingdom as a headquarters for its participation in the Future Combat Air Systems (FCAS) program. The United Kingdom and Sweden inked an FCAS cooperation agreement in July 2019. Saab is heading Sweden's FCAS industrial participation in close collaboration with the Swedish Defense Ministry.
• May 2020 - Northrop Grumman Corporation expanded its Next Generation Jammer Low Band (NGJ-LB) Capability Block 1 (CB-1) solution team with the addition of CPI Aero, Inc. of Edgewood, New York, a proven structure supplier.
• April 2020 - Abaco Systems partnered with DeepSig to demonstrate DeepSig’s OmniSIG software, which is deployable on Abaco’s 3U VPX ecosystem, that uses artificial intelligence (AI) inferencing for signal identification and classification in electronic warfare and signals intelligence applications.
• July 2019 - BAE Systems Electronic Systems was awarded a contract of USD 4.7 million in funding from the Defense Advanced Research Projects Agency (DARPA) to integrate machine learning (ML) technology, a subset of artificial intelligence (AI), into platforms that decipher radio-frequency (RF) signals.

Market Segmentation:

On the Basis of Type:

• Ground-Based Intelligence System

Ground-Based Intelligence Systems are detection and interception systems designed to detect, identify, and locate radio frequency communication sources. These systems are also referred to as SIGINT (Signals INTelligence) ground stations or tactical stations. Intentional emitters include radars and communication transmitters, while unintentional emitters include communication devices and other electronic equipment.

• Airborne Signal Intelligence System

Even at night, an airborne intelligence system (AIS) aids in detecting and monitoring enemy activity. Additionally, it can monitor multiple targets simultaneously. The AIS consists of an aircraft equipped with a signal interception device that uses a receiver antenna to detect radio signals emitted by emitters based on their geographical location or frequency range. Onboard software identifies and determines the location of the signals. It is primarily employed in anti-terrorism operations, border surveillance, maritime vessel monitoring, etc.

During the forecast period, the COMINT signals intelligence (SIGINT) subsegment of the type segment is projected to surpass $6,189,10 million in value. This development is primarily attributable to the growing demand for COMINT signals intelligence in the military, as it facilitates real-time decision-making and provides a strategic advantage on the battlefield.  

• Naval Vessel- Based Signal Intelligence System

The Naval Vessel-Based Signal Intelligence System is a device that receives and detects electromagnetic air and sea signals. It is compatible with land, sea, and ground vehicles. The most common application of naval vessel-based signal intelligence systems is to locate hostile submarines in order to avoid torpedo attacks. Other applications include the detection of radio communications, the localization of radars, and the tracking of ships and subs.

During the forecast period, the naval signals intelligence subsegment of the application segment is anticipated to reach $4,528,300.00 million. This is primarily due to the navy's increasing use of naval signals intelligence to make tactical, strategic, and battle intelligence decisions.  

On the Basis of Application:

• Home Security

Home Security uses the Signal Intelligence Systems Market to monitor the safety of homes. It helps to monitor intruders and promptly implement safety measures if a home invasion occurs. With high-speed wireless networks connecting all devices to the Internet, the use of signal data processing software has made it simpler to detect, locate, track, and identify intruders.

• Military and Defense

The market for Signal Intelligence Systems detects, analyzes, and deciphers electromagnetic signals from various sources. The primary function of these systems in military and defense applications is threat detection. On the battlefield, the technology can be employed against threats such as hostile aircraft, ships, and missiles. It also assists army personnel in locating enemy forces based on their location, movement, and other battlefield activities. Signal intelligence systems frequently detect the use of chemical weapons by an adversary.

On the Basis of Region:

North America's market for signals intelligence (SIGINT) will generate the most revenue.

The signals intelligence (SIGINT) market in North America generated $4,333.7 million in revenue in 2021 and is projected to reach $6,206.1 million by 2030. The market expansion in the region can be attributed to the massive investments made in the defense industry by nations such as the United States and Canada. In 2019, the United States spent over $686 billion on its defense budget. Additionally, Canada invested approximately $22 billion in the same year. During the period of analysis, it is anticipated that such investments will spur market expansion in North America. In addition, innovation leaders such as Northrop Grumman, Lockheed Martin, and Raytheon, along with their substantial research expenditures, are anticipated to propel the regional market.

In fiscal year 2019, the president of the United States signed the National Defense Authorization Act, which increases military and defense spending. In addition, terrorist attacks have become more frequent in recent years, compelling the region's administration to implement stringent physical security measures. As a result, businesses in the country are focusing on product innovation in order to provide the defense industry with enhanced security solutions. All of these factors will accelerate the market for signals intelligence (SIGINT) in North America.

During the forecast period, Latin America is expected to have the fastest-growing market for signal intelligence systems. Increased adoption of advanced technologies in various end-use industries, such as defense and security, has contributed to the region's growth.

In 2017, Europe held the second-largest share of the global market for signal intelligence systems. Increasing cyber threats and rising demand for advanced security solutions in this region are to blame.

During the forecast period, Asia-Pacific is expected to be the second-largest market for signal intelligence systems. The expansion of this region can be attributed to the growing demand for signal intelligence systems in countries like China and India, whose economies and populations are expanding.

During the forecast period, the Middle East and Africa is expected to have the lowest market for signal intelligence systems.

Geographically, the global Signal Intelligence Systems market has been analyzed in various regions such as North America, Latin America, Middle East, Asia-Pacific, Africa, Europe, and India. The global Signal Intelligence Systems region is dominating this market in the upcoming future.

Market Key Players:

BAE Systems, Elbit Systems, General Dynamics, Northrop Grumman, Saab, Israeli Aerospace Industries (IAI), Mercury Systems, Rockwell Collins, Southwest Research Institute (SwRI), Ultra Electronics, and others.

• BAE Systems 

BAE Systems Limited is a London-based British multinational arms, security, and aerospace corporation. Based on applicable 2021 revenues, it is the seventh-largest defense contractor in the globe and the largest in Europe. It is the largest manufacturer in Britain as of 2017.

BAE Systems, Inc. is the U.S. subsidiary of BAE Systems plc, an international defense, security, and aerospace corporation with headquarters in Arlington, Virginia and locations throughout the United States. They provide a comprehensive array of products and services for air, land, and sea forces, as well as advanced electronics, security, information technology solutions, and client support.

• Elbit Systems

Elbit Systems Ltd. is an international defense electronics company based in Israel that is involved in a variety of programs worldwide. Elbit Systems Ltd. is a multinational high-tech corporation engaged in a variety of defense, homeland security, and commercial programs worldwide. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land, and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance ("C4ISR"), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios and cyber-based systems and munitions. In addition, the company concentrates on the modernization of existing platforms, the development of new technologies for defense, homeland security, and commercial applications, and the provision of a variety of support services, such as training and simulation systems.

• General Dynamics

General Dynamics Corporation is a publicly traded American aerospace and defense company based in Reston, Virginia. In terms of arms sales, it was the fifth-largest defense contractor in the globe in 2020, and the fifth-largest in the United States. Their specialties are aerospace, defense, information systems, marine systems, business aviation, shipbuilding, submarines, and armored vehicles.

• Northrop Grumman

American transnational aerospace and defense technology corporation Northrop Grumman. With more than $30 billion in annual revenue and 90,000 employees, it is one of the world's largest weapons manufacturers and providers of military technology.

Their specialties are military, systems engineering, software engineering, supply chain, manufacturing, c4isr, cyber, cyber security, advanced electronics, directed energy, logistics, engineering, information technology, electronics, aerospace, defense, unmanned systems and space.

• Mercury Systems

The technology corporation Mercury Systems, Inc. serves the aerospace and defense industries. It designs, develops, and manufactures computer hardware and software products with an open architecture, such as secure embedded processing modules and subsystems, avionics mission computers and displays, rugged secure computer servers, and trusted microelectronics components, modules, and subsystems.

Mercury supplies its products to defense prime contractors, the United States government, and commercial aerospace original equipment manufacturer (OEM) companies.

The Signal Intelligence Systems market research report is categorized based on type, applications and region.

On the Basis of Type:

• Ground-Based Intelligence System
• Airborne Signal Intelligence System
• Naval Vessel- Based Signal Intelligence System

On the Basis of Application:

• Home Security
• Military and Defense

By Mobility

• Fixed
• Man Portable

By region

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Scope of Report

Conclusion

Signal Intelligence Systems is a type of technology that gathers information about electronic communications from different sources and figures out how to make sense of it. Signals have been the most important part of military actions since the time when torches or flags were used to send them. SIGINT is another name for Signal Intelligence Systems. SIGINT stands for "signals intelligence." In 2020, the global Signal Intelligence Systems Market was worth USD 10.78 billion. From 2021 to 2030, the market is expected to grow at a CAGR of 7.0%. The global Signal Intelligence Systems market is a professional and accurate study of different business views, such as major key players, key geographies, divers, restraints, opportunities, and challenges. This global study report has been put together based on the different global market segments and subsegments.