The global Rockets and Missiles market size is projected to grow from USD 58.3 billion in 2021 to USD 73.8 billion by 2026, at a CAGR of 4.8% from 2021 to 2026. The Rockets and Missiles market is expected to witness growth due to consistent increase in defense budget across the globe and the need for advanced Rockets and Missiles to counter...
Defense integrated antenna market is projected to grow from USD 543 million in 2022 to USD 722 million by 2026, at a CAGR of 5.8% during the forecast period. An antenna converts electronic signals to electromagnetic waves (and vice versa) with a minimum loss, and an integrated antenna consists of miniaturized antennas printed on densely populated...
The Military Simulation and Training market size is forecasted to grow from an estimated USD 9.2 billion in 2022 to reach USD 12.2 billion by 2027, at a CAGR of 5.6% from 2022 to 2027. Increasing defense spending in the world and new technological developments to help strengthen military capabilities and efficiency is expected to drive the...
The Saudi Arabia C4ISR market was valued at USD 760.75 million in 2021 and is estimated to register a CAGR of 1.27% during the forecast period (2022 - 2027). Over the past decade, Saudi Arabia consistently ranked near the top of global rankings for the total amount of defense spending and the amount spent on importing armaments. However,...
The integrated microwave assembly market is expected to grow from USD 1.5 billion in 2022 to USD 2.0 billion by 2027; it is expected to grow at a CAGR of 6.8% during the forecast period. The major driving factors for the growth of the integrated microwave assembly market include the growing investment in military & defense vertical by countries...
The military rubber tracks market is expected to grow from US$ 143.10 million in 2021 to US$ 239.98 million by 2028; it is estimated to grow at a CAGR of 7.7% during 2021-2028. The North America military rubber tracks market is further segmented into the US, Canada, and Mexico.In 2020, the US dominated the market in this region. These...
The market for military cables is estimated to be USD 22.1 billion in 2021 and is projected to reach USD 26.2 billion by 2026, at a CAGR of 3.4% during the forecast period. The growth of this market is mainly driven by the modernization program and increasing procurement of military fleets due to growing transnational disputes to offer several...
Military antennas market is projected to grow from USD 3.9 billion in 2021 to USD 5.2 billion by 2026, at a CAGR of 5.9% during the forecast period. Military antennas refers any device that converts electronic signals to electromagnetic waves (and vice versa) effectively with minimum loss of signals. Military antennas are more ruggedized than...
The global artificial intelligence in defense market is expected to grow from US$ 6,404.73 million in 2021 to US$ 13,153.31 million by 2028; it is estimated to grow at a CAGR of 10.8% during 2021-2028. As global tensions have persisted over the last few years, various affected nations plan and take measures to improve and recapitalize...
The SWIR market is expected to grow from USD 166 million in 2021 to USD 277 million by 2027; it is expected to grow at a CAGR of 8.9% during the forecast period. The major driving factors for the growth of the SWIR market include the growing use of SWIR cameras in military & defense applications. Hardware to have the largest...