Aerospace and Defense Predictions 2024
Summary
GlobalData’s thematic intelligence ecosystem assesses how well companies are positioned for the future based on their competitive position in the main themes disrupting their sector.
This report is a multi-theme report organized by theme. It covers 10 themes drawn from the defense industry: Advanced Materials; Alternative Propulsion; Artificial Intelligence; Counter-Drone Technologies; Geopolitics; Hypersonic Technologies; the Internet of Military Things; Robotics / Unmanned Systems; Soldier Modernization and Space Systems. It should be read in conjunction with another multi-theme report, Tech, Media & Telecom Trends 2024, which is organized by sector. For further details of our market-leading thematic methodology, please refer to the methodology section at the back of this report.
Key Highlights
- Studies of emerging technological trends and their broader impact on the aerospace and defense markets.
- Samples of analysis on the various emerging trends and technologies which are likely to shape development and procurement initiatives global over the course of the next ten years.
- Our thematic research product, supported by our thematic engine, is aimed at senior (C-Suite) executives in the corporate world, decision makers, and institutional investors.
- Corporations: Helps CEOs, CTOs, and other senior executives of companies understand this key theme, the competitive environment, and the market opportunities.
- Investors: Helps fund managers and other major investors focus on investment opportunities and understanding the market around key aerospace and defense themes.
- The key defense challenges that forces and defense sector suppliers face are covered.
- The investment opportunities for armed forces, suppliers, and institutional investors, across a range of different technology and industry themes are covered.
- Highlights from the diverse research and development programs currently being undertaken by various military organizations as well as aerospace and defense companies within the most critical thematic bubbles impacting the wider aerospace, defense and security markets.
- Determine potential investment companies based on trend analysis and market projections.
- Gaining an understanding of the market challenges and opportunities surrounding various aerospace and defense themes.
- Understanding how spending in critical or emerging segments of the aerospace and defense supply chains will fit into the overall market and which spending areas are being prioritized.
- Executive Summary
- Inside
- Related reports
- Report type
- 2024 Theme Map
- Viewing the world's data by themes makes it easier to make important decisions
- Advanced Materials
- Market growth is driven by rising defense spending and novel material applications
- Hypersonic technologies will boost defense investment in advanced materials
- Nanomaterials and smart textiles underpin PPE development
- Leaders and challengers
- Further reading
- Alternative Propulsion
- Parallel technological innovation will buoy growth of the electric aircraft market
- ESG pressures will drive hydrogen investment, but technological hurdles remain
- EVTOLs and urban air taxi services will provide new market opportunities
- Leaders and challengers
- Further reading
- Artificial Intelligence
- AI has become a key battleground technology
- AI has major implications for the cybersecurity sector
- AI could provide solutions to the data deluge challenge
- Leaders and challengers
- Further reading
- Counter-Drone Technologies
- Commercialization of the drone market is driving demand for C-UAS capabilities
- C-UAS investment is driving innovation in C4ISR technologies
- Directed energy weapons will play a growing role in future C-UAS development
- Leaders and challengers
- Further reading
- Geopolitics
- A growing number of cyberattacks will lead to increased security funding
- High intensity warfare is driving investment in electronic warfare capabilities
- High intensity warfare is causing a paradigm shift in defense procurement policy
- Leaders and challengers
- Further reading
- Mergers and Acquisitions (M&A)
- The growth of the global defense sector drove a resurgence in deals post-2022
- Aerospace will remain the largest sector for deals
- Activity in the space systems market remains high despite slowdown
- Hypersonic Technologies
- There is continued growth in hypersonic investment
- Hypersonic flight faces technological and environmental hurdles
- Artificial intelligence will play a growing role in countering hypersonic threats
- Leaders and challengers
- Further reading
- Internet of Military Things (IoMT)
- Innovative military IoT solutions will help alleviate the data deluge challenge
- Military IoT enhances interoperability in an increasingly digitized battlespace
- Manned-unmanned team capabilities will be enabled by advanced IoT solutions
- Leaders and challengers
- Further reading
- Robotics / Unmanned Systems
- Consumer drones and loitering munitions drive innovation in the UAV market
- The market for UGVs continues to mature but is yet to become mainstream
- Autonomy solutions and cost considerations are driving growth of the UMV market
- Leaders and challengers
- Further reading
- Soldier Modernization
- There is growth in the soldier ISR market as tactical drones gain traction globally
- Ongoing conflicts are causing a re-evaluation of infantry equipment & doctrine
- Tactical command and control solutions are critical for multi-domain operations
- Leaders and challengers
- Further reading
- Space Systems
- There is rising military reliance on commercial geospatial intelligence providers
- Innovations in materials science and 3D printing further enable market growth
- Leaders and challengers
- Further reading
- Glossary
- Further Reading
- GlobalData reports
- Our Thematic Research Methodology
- About GlobalData
- Contact Us
- List of Tables
- Table 1: Glossary
- Table 2: GlobalData reports
- List of Figures
- Figure 1: Our theme map shows the 40 biggest themes driving growth in aerospace and defense
- Figure 2: Advanced Materials
- Figure 3: Alternative Propulsion
- Figure 4: Artificial Intelligence
- Figure 5: Counter-Drone Technologies
- Figure 6: Geopolitics
- Figure 7:Geopolitics mention is company fillings, 2016-2023
- Figure 8:Patents linked to major geopolitics themes by volume, 2016-2023
- Figure 9: Mergers and Acquisitions (M&A)
- Figure 10:Aerospace & defense deal volume by sector, 2010-2023
- Figure 11: Deals linked to space technology by volume, 2018-2023
- Figure 12: Hypersonic Technologies
- Figure 13: Internet of Military Things (IoMT)
- Figure 14: Robotics / Unmanned Systems
- Figure 15: Soldier Modernization
- Figure 16: Space Systems
- Figure 17: Our five-step approach for generating a sector scorecard
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