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...
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 software defined radio market reached a value of US$ 27.4 Billion in 2020. The software defined radio (SDR) refers to a radio frequency communication tool that performs signal-processing tasks using the software installed in a desktop computer. It operates through a receiver, transmitter, software application and various other auxiliary...
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...
Market Overview: The global military vertical take-off and landing aircraft market grew at a CAGR of around 4% during 2015-2020. Military vertical take-off and landing (VTOL) aircraft operates, takes off and lands from the same place, small pad or unprepared site without the requirement of a...
The Global Active Noise and Vibration Control System Market is poised to grow at a CAGR of around XX% over the next decade to reach approximately $XX million by 2028. Some of the prominent trends that the market is witnessing include rise in air passenger traffic, increasing demand for improved aircraft performance,...
Major companies in the air based defense equipment market include The Boeing Company; Lockheed Martin; General Dynamics Corporation; Northrop Grumman and Safran Group. The global air based defense equipment market is expected to grow from $174.85 billion in 2020 to $178.34 billion in 2021 at a compound annual growth rate (CAGR) of 2%....
Major companies in the sea based defense equipment market include China Shipbuilding Industry Company; CSRA; Austal; BWX Technologies Inc and CSRA. The global sea based defense equipment market is expected to grow from $34.99 billion in 2020 to $35.59 billion in 2021 at a compound annual growth rate (CAGR) of 1.7%. The growth is mainly...
Major companies in the land based defense equipmen market include BAE Systems; Raytheon Co; Northrop Grumman Corp; General Dynamics Corp and Lockheed Martin Corporation. The global land based defense equipment market is expected to grow from $47.06 billion in 2020 to $47.88 billion in 2021 at a compound annual growth rate (CAGR) of...
Major companies in the defense support and auxiliary equipment market include The Boeing Company; United Technologies Corporation; General Dynamics Corp; GE Aviation and Northrop Grumman Corp. The global defense support and auxiliary equipment market is expected to grow from $120.46 billion in 2020 to $122.62 billion in 2021 at a compound...