Military Embedded System Market By Product Type (Motherboard & Computer-On-Module (COM), OPEN VPX, VME BUS, Compact-PCI (Board & Serial), Others), By Component (Hardware, Software), By Platform (Airborne, Land, Naval, Space), By Application (Radar, Command & Control, Avionics, Electronic Warfare, Communication & Navigation, Weapon Fire Control System, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global military embedded system market is envisioned to garner $3,259.3 million by 2031, growing from $1,540 million in 2021 at a CAGR of 7.9% from 2022 to 2031.
Military embedded systems play an important role in gathering and analyzing vital information to help military officials make the best decisions possible. Military intelligence agencies can employ embedded systems to spy on their potential enemies' radio, television, and other broadcasting systems in the majority of countries. Radar systems, military traffic systems, and surveillance satellites all employ embedded military technology. In addition, military embedded enhance system reliability, enable remote control operation, and safeguard systems from unauthorized access.
The use of cloud computing and artificial intelligence has broadened and redefined the capabilities of military-embedded systems. Nations are deploying AI-powered weapons, and embedded systems are enabling new forms of combat. However, the price of military embedded systems, complexity in the design and development of embedded systems, and data security are some factors that are anticipated to hamper the military embedded market share during the forecast period.
Embedded vision systems are the latest technology used for military embedded systems. For soldiers, embedded vision systems produce unprecedented visibility and autonomy. The most important embedded vision application is multispectral imaging in surveillance systems used by drones and aircraft. Embedded vision cameras and sensors provide a synthetic vision that provides pilots with relevant information when natural visibility is limited Military vehicles that are autonomous and equipped for combat use embedded vision systems to navigate challenging terrain. Soldiers can use head-up displays with embedded vision systems to access navigation information and the enemy’s location in real-time.
The COVID-19 pandemic brought several uncertainties leading to severe economic losses as various businesses across the world were at a standstill. The pandemic had a negative influence on commercial aerospace and general industrial end-market developments. Various government restrictions on personnel movement, lockdowns, and shutdown of non-essential businesses affected chip manufacturing companies during the pandemic, affecting military embedded system production. In addition, import-export restrictions, transportation issues, and labor shortage affected the market. R&D in the embedded system processor manufacturing business has been negatively impacted, due to the travel restrictions implemented by various governments around the world to combat the COVID-19 pandemic. Governments and consumers focused on supplying necessities like food and safety equipment, which impacted the demand for custom or standard hardware systems for embedded systems makers during the COVID-19 pandemic.
The key players profiled in this report include Intel Corporation, Mercury Systems, Inc. Curtiss-Wright Corporation, Advantech Co., Ltd., BAE Systems, SMART Embedded Computing, SDK Embedded Systems Ltd., General Dynamics Corporation, Kontron (S&T), and Xilinx Inc.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the military embedded system market analysis from 2021 to 2031 to identify the prevailing military embedded system market opportunities.
Market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
An in-depth analysis of the military embedded system market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global military embedded system market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Product Type
VME BUS
Compact-PCI (Board Serial)
Others
Motherboard Computer-On-Module (COM)
OPEN VPX
By Component
Hardware
Software
By Platform
Airborne
Land
Naval
Space
By Application
Radar
Command Control
Avionics
Electronic Warfare
Communication Navigation
Weapon Fire Control System
Others
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest Of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest Of Asia-Pacific
LAMEA
Brazil
UAE
Saudi Arabia
South Africa
Rest Of LAMEA
Key Market Players
Xilinx Inc.
General Micro Systems
BAE Systems
Intel Corporation
Kontron AG
Curtiss-Wright Corporation
Radisys Corporation
Telephonics Corporation
Microsemi Corporation
Abaco Systems
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