The military embedded systems market size is projected to grow from USD 1.4 billion in 2020 to USD 2.1 billion by 2025, at a CAGR of 8.3% from 2020 to 2025. Various improvements in integrated circuits and processor technologies have led to a decline in the overall hardware costs associated with embedded systems. Adoption of modern blade servers...
The global military personal protective equipment market was valued at US$ 12,013.98 million in 2019 and is expected to grow at a CAGR of 7.6% during the forecast period to reach US$ 20,804.39 million by 2027. Rising threat of chemical, biological, radiological, and nuclear (CBRN) terrorism, which involves the use of weapons of mass destruction,...
After two decades of use in the field, Remotely Operated Weapon Stations have been well established in the defense market. The advantages they offer are significant. They include crew protection, increased accuracy, first-round hit probability, target recognition and identification, low cost of production; integration and operation. The US...
Global UAV Market 2020-2024 The analyst has been monitoring the UAV market and it is poised to grow by $ 20.58 bn during 2020-2024 progressing at a CAGR of 16% during the forecast period. Our report on UAV market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as...
The Global Handheld Backscatter X-ray Devices Market was valued at USD 5.3 million in 2019, and it is expected to reach USD 64.6 million by 2025, registering a CAGR of 6.2%, from 2020 to 2025. Handheld Backscatter X-ray is an advanced X-ray imaging technology. The trend of miniaturization of devices and ease to use has led to the development...
Market Overview: The global military electro-optical and infrared systems market grew at a CAGR of around 5% during 2015-2020. Military electro-optical and infrared (EO/IR) systems refer to various land-, air-, and naval-based discrete technological solutions used for comprehensive situational...
The maritime patrol aircraft market is anticipated to register a CAGR of over 3% during the forecast period. - The increasing threat of terrorism and border issues have led the countries to focus on strengthening their maritime surveillance, which may propel the demand for maritime patrol aircraft during the forecast period. - The...
The Mortar Ammunition Market was valued at USD 69.75 million in 2020 and is projected to grow to about USD 115 million in 2030 with a CAGR of 4.9% during the forecast period (2021-2030). The impact of COVID-19 on the overall market revenue is deemed to be less. However, due to the lockdown imposed by the governments in the major countries,...
The Light Weapons Market is expected to grow from USD 4.84 billion in 2020 to USD 8.93 billion in 2030, witnessing a CAGR of 6.31% during the forecast period (2021-2030). The COVID-19 pandemic has had minimal impact on the market. The pandemic has altered the priorities of prominent nations and forced them to divert a significant share...
The Land-based Smart Weapons was valued at USD 3.64 billion in 2020 and is projected to grow to about USD 7.7 billion in 2030 with a CAGR of 7.9% during the forecast period (2021-2030). The impact of COVID-19 on the overall market revenue is deemed to be less. Although manufacturing delays are expected for a short duration, drastic...