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In 2023, the defense electronics market was estimated to be worth USD 161.39 billion. With a predicted CAGR (compound annual growth rate) of 7.50% from 2024 to 2031, the defense electronics market is expected to expand from $170.28B in 2024 to $262.33B in 2031. The main factors fueling the market's expansion are the rising need for modernization and the rising demand for integrated defense electronics technologies.
What we call "defense electronics" are the specialized systems and electronic devices developed for use in a country's military. As a means of bolstering operations and lowering injury risks, defense electronics offer high-performance electrical equipment, electrical protection, and fire-extinguishing capabilities. International trade restrictions and export requirements are particularly onerous when it comes to defense electronics. For the sake of national security, these rules are meant to stifle technological progress. Companies in the worldwide electronic protection market may face challenges when it comes to complying with export restrictions.
The market is expected to be boosted by the increasing deployment of integrated defense technologies. In order to construct all-encompassing defensive systems, integrated defense technologies combine a variety of systems and technologies. Cyber defense, automation, connectivity, and sensors are all examples of such technology. Defense systems are able to share and communicate information more effectively through integration, which improves situational awareness, decision-making, and defense overall. Saving money and making deployment easier are two additional benefits of integrated defense technologies. As the demand for adaptability and operational safety rises, collision avoidance technology is predicted to see a rise in its usage in the years ahead.
Technological developments, new weapon systems, and improvements to current weapon systems have allowed ground units to become dominant in modern battlefields. The military is making good use of digital communications to improve the informational parts of current weapon systems, optimize integration and sharing of data, and deny an enemy the capacity to do the same in an era of limited resources. There has to be a shift from analog to digital audio, video, and data transfers in weapon systems so that field commanders have access to more real-time data. The digitalization of battlefield systems allows for the transmission of huge volumes of data through networks that connect weapon systems, aerial platforms, surveillance, and communication systems. Functional elements of the battlefield such as fighting, combat support, and combat service support are able to communicate information through communication systems.
Defense electronics systems have undergone considerable improvement as a consequence of technological advancements in military systems and equipment. Several benefits, including the ability to reprogramme systems to defend against new and emerging threats, remote operations, and real-time decision-making, are provided by the usage of integrated defense electronics products. Integrated electronic warfare systems and other defense electronics provide for improved coordination of operations by facilitating communication with many other military defensive systems. There is no need to modify technological aspects in order to include sensors and avionics into electronic warfare systems. This guarantees quick deployment of the solutions on several platforms while lowering the cost of system integration.
The defense industry relies on electronic products like as command and control systems, communication networks, avionics, optronics, and electronic warfare systems to gather and transmit sensitive data in large quantities from portable, electro-optic, and radar devices. Delays in decision-making due to communication and distribution of such massive amounts of data could jeopardize the performance of vital defense missions because of the impact on real-time processing rates. To improve the efficacy of real-time communication, a sophisticated communication technology infrastructure built on big data and efficient data centers is necessary. The defense electronics business is hindered by the considerable expenditure required for such infrastructure.
Transferring such massive amounts of data in real time appears to be beyond the capabilities of the present network infrastructure utilized by military forces in different countries around the world. To enable efficient real-time communication, a more advanced infrastructure is needed. The expansion of the defense electronics industry will be severely restricted by the high cost of such infrastructure. Although 5G deployment can be beneficial, many nations find the expense of establishing a communication network and other necessary infrastructure to be prohibitive.
Report Coverage
Global Defense Electronics research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Defense Electronics report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Defense Electronics competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Defense Electronics market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Defense Electronics market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Defense Electronics market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Bae Systems PLC, Cobham Limited, Curtiss-Wright Corporation, Data Patterns (India) Ltd., Elbit Systems Ltd., General Dynamics Corporation, Hensoldt, Honeywell International Inc., Indra Sistemas, SA, Israel Aerospace Industries (lai), L&T Defense, L3Harris Technologies, Inc., Leonardo Spa, Lig Nex1, Lockheed Martin Corporation, Mag Aerospace, Mercury Systems, Inc., Mistral Solutions Pvt. Ltd., Northrop Grumman Corporation, Radioelectronic Technologies Corporation, Rafael Advanced Defense Systems Ltd., Raytheon Technologies Corporation, Rheinmetall AG, Saab Ab, Safran SA, Sami Advanced Electronics, Sierra Nevada Corporation
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Defense Electronics market based on the below-mentioned segments:
Global Defense Electronics Market, By Component
Hardware
Software
Global Defense Electronics market, By Vertical
Navigation
Communication & Display
C4ISR
Electronic Warfare
Radar, Optronics
Global Defense Electronics Market, By Platform
Airborne
Marine
Land
Space
Global Defense Electronics market, Regional Analysis
What we call "defense electronics" are the specialized systems and electronic devices developed for use in a country's military. As a means of bolstering operations and lowering injury risks, defense electronics offer high-performance electrical equipment, electrical protection, and fire-extinguishing capabilities. International trade restrictions and export requirements are particularly onerous when it comes to defense electronics. For the sake of national security, these rules are meant to stifle technological progress. Companies in the worldwide electronic protection market may face challenges when it comes to complying with export restrictions.
The market is expected to be boosted by the increasing deployment of integrated defense technologies. In order to construct all-encompassing defensive systems, integrated defense technologies combine a variety of systems and technologies. Cyber defense, automation, connectivity, and sensors are all examples of such technology. Defense systems are able to share and communicate information more effectively through integration, which improves situational awareness, decision-making, and defense overall. Saving money and making deployment easier are two additional benefits of integrated defense technologies. As the demand for adaptability and operational safety rises, collision avoidance technology is predicted to see a rise in its usage in the years ahead.
Technological developments, new weapon systems, and improvements to current weapon systems have allowed ground units to become dominant in modern battlefields. The military is making good use of digital communications to improve the informational parts of current weapon systems, optimize integration and sharing of data, and deny an enemy the capacity to do the same in an era of limited resources. There has to be a shift from analog to digital audio, video, and data transfers in weapon systems so that field commanders have access to more real-time data. The digitalization of battlefield systems allows for the transmission of huge volumes of data through networks that connect weapon systems, aerial platforms, surveillance, and communication systems. Functional elements of the battlefield such as fighting, combat support, and combat service support are able to communicate information through communication systems.
Defense electronics systems have undergone considerable improvement as a consequence of technological advancements in military systems and equipment. Several benefits, including the ability to reprogramme systems to defend against new and emerging threats, remote operations, and real-time decision-making, are provided by the usage of integrated defense electronics products. Integrated electronic warfare systems and other defense electronics provide for improved coordination of operations by facilitating communication with many other military defensive systems. There is no need to modify technological aspects in order to include sensors and avionics into electronic warfare systems. This guarantees quick deployment of the solutions on several platforms while lowering the cost of system integration.
The defense industry relies on electronic products like as command and control systems, communication networks, avionics, optronics, and electronic warfare systems to gather and transmit sensitive data in large quantities from portable, electro-optic, and radar devices. Delays in decision-making due to communication and distribution of such massive amounts of data could jeopardize the performance of vital defense missions because of the impact on real-time processing rates. To improve the efficacy of real-time communication, a sophisticated communication technology infrastructure built on big data and efficient data centers is necessary. The defense electronics business is hindered by the considerable expenditure required for such infrastructure.
Transferring such massive amounts of data in real time appears to be beyond the capabilities of the present network infrastructure utilized by military forces in different countries around the world. To enable efficient real-time communication, a more advanced infrastructure is needed. The expansion of the defense electronics industry will be severely restricted by the high cost of such infrastructure. Although 5G deployment can be beneficial, many nations find the expense of establishing a communication network and other necessary infrastructure to be prohibitive.
Report Coverage
Global Defense Electronics research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Defense Electronics report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Defense Electronics competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Defense Electronics market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2024 |
| Forecast Period | 2024-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Bae Systems PLC, Cobham Limited, Curtiss-Wright Corporation, Data Patterns (India) Ltd., Elbit Systems Ltd., General Dynamics Corporation, Hensoldt, Honeywell International Inc., Indra Sistemas, SA, Israel Aerospace Industries (lai), L&T Defense, L3Harris Technologies, Inc., Leonardo Spa, Lig Nex1, Lockheed Martin Corporation, Mag Aerospace, Mercury Systems, Inc., Mistral Solutions Pvt. Ltd., Northrop Grumman Corporation, Radioelectronic Technologies Corporation, Rafael Advanced Defense Systems Ltd., Raytheon Technologies Corporation, Rheinmetall AG, Saab Ab, Safran SA, Sami Advanced Electronics, Sierra Nevada Corporation |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Defense Electronics Market from 2021 to 2031.
- Market Forecast for Defense Electronics Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Defense Electronics competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Defense Electronics
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Defense Electronics market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Defense Electronics market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Bae Systems PLC, Cobham Limited, Curtiss-Wright Corporation, Data Patterns (India) Ltd., Elbit Systems Ltd., General Dynamics Corporation, Hensoldt, Honeywell International Inc., Indra Sistemas, SA, Israel Aerospace Industries (lai), L&T Defense, L3Harris Technologies, Inc., Leonardo Spa, Lig Nex1, Lockheed Martin Corporation, Mag Aerospace, Mercury Systems, Inc., Mistral Solutions Pvt. Ltd., Northrop Grumman Corporation, Radioelectronic Technologies Corporation, Rafael Advanced Defense Systems Ltd., Raytheon Technologies Corporation, Rheinmetall AG, Saab Ab, Safran SA, Sami Advanced Electronics, Sierra Nevada Corporation
Primary Target Market
- Market Players of Defense Electronics
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Defense Electronics market based on the below-mentioned segments:
Global Defense Electronics Market, By Component
Hardware
Software
Global Defense Electronics market, By Vertical
Navigation
Communication & Display
C4ISR
Electronic Warfare
Radar, Optronics
Global Defense Electronics Market, By Platform
Airborne
Marine
Land
Space
Global Defense Electronics market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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