Global Military Embedded System Market- Market Size & Forecast To 2032

GLOBAL MILITARY EMBEDDED SYSTEM MARKET- MARKET SIZE & FORECAST TO 2032

The global military embedded systems market is estimated to be worth of USD 1.65 Billion in 2023 and is growing at a CAGR of 9.6% during the forecast period from 2023 to 2032. The military embedded systems market research report discusses the importance of the segments as well as the regional markets. An accurate overview for different segments and regions has been prepared on the basis of the market size as well as the growth rate (CAGR). Different industry professionals and research analysts in various regions have examined and validated the data presented in this research report. Apart from this, the market research report contains an in-depth analysis of the forecasted data, important developments, and revenues. Further, it contains a thorough analysis of the important strategies undertaken by the leading market players to drive their business growth in the global military embedded systems market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario. The research analysts have included important aspects, such as future trends, market position, opportunities, threats, challenges, risks, market dynamics, market share as well as entry barriers in this detailed research report.

Some prominent players of the market are Advantech Co. Ltd, Airbus, Bae Systems, Concurrent Technologies Plc, Curtiss-Wright Corporation, Eurotech s.p.a., General Dynamics, Honeywell, Intel Corporation, Kontron ag, Lockheed Martin, Mercury Systems, Inc., Microsemi Corporation, North Atlantic Industries, Inc., Northrop Grumman, QinetiQ, Radisys Corporation, Raytheon Company, Thales, Xilinx, and others.

The military embedded systems market report has been segmented by platform, server architecture, application, installation type, component, service and region.

Based on platform, the market is segregated into land, airborne, naval, space, and unmanned vehicle.

Among these, the naval subsegment is anticipated to held a notable share in the market. Navy military embedded systems include systems utilized in naval applications such as battle ships and submarines. Submarines, destroyers, frigates, corvettes, OPVs, and aircraft carriers make up the remainder of the naval section. In order to protect the security of maritime boundaries, coast guards and navy forces deploy defence ships that are specially made for this purpose. In terms of use, design structure, capabilities, and technologies, these ships differ from commercial ships. Many nations are modernizing their armed forces, which results in higher military spending. Due to international modernization initiatives for coastal surveillance, the naval sector will experience rapid expansion in the years to come.

On the basis of server architecture, the market is categorized into blade server, and rack mounted server.

Among these, the rack mounted server subsegment is anticipated to held a notable share in the market. The demand for naval weapon systems and commend command and control centres, which are driving the market for rack-mount servers, can be related to the segment's rise. The usage of rugged rackmount servers is widespread in ground-based, airborne, and naval applications. In 2019, Mercury Systems added more than 50 Models to their portfolio of rugged servers. Superior Reliability: Military-grade specifications for Enterprise Series servers include MIL-STD 810G, 461F (EMI/RFI), 901D (shock), 167-1 (vibration), 1474-D (airborne noise), and 740-2. (structural borne noise).

Based on application, the market is segregated into intelligence, surveillance and reconnaissance, electronic warfare, command & control, communication & navigation, weapon & fire control, wearables, and others.

Among these, the weapon & fire control subsegment is expected to held a remarkable share in the market. The fire control system, fire system, and delivery system make up a typical comprehensive weapon system. The firing control system is one of them and is a vital part of the weapon system. It serves as the nervous system and vision for the weapon fire control system and is a significant indicator of the high level of sophistication of the weapon system. The fire control system, which typically includes a servo system, target tracking system, fire control controllers, and ballistic meteorological monitoring equipment, is the main component of a weapon system. Also, major corporations are concentrating on creating weapons that can communicate with fire control systems. In the near future, it is projected that these elements will enhance the weapon firing control system.

On the basis of installation type, the market is segregated into new installation and upgrade.

Among these, the market for new installations is predicted to lead, and this trend is expected to continue throughout the forecast period. The increase in defense budget allocations for new installations of cutting-edge military embedded systems can be ascribed to the segment's expansion. Defense expenditures are being allocated by nations like the US and the UK for the new deployment of sophisticated military embedded systems, which are expected to drive this market globally.

Based on component, the market is categorized into hardware and software.

Among these, the software sub-segment is expected to held a notable share in the market share for military embedded systems globally. A combination of computer hardware and software that is intended to carry out a certain task is known as an embedded system. A embedded system might also function as a component of a larger system. It's possible that the system can be programmed to carry out particular tasks solely. Embedded The software controls the hardware and the system. The main objective of embedded system software is to control the operation of a collection of hardware parts without compromising their intended performance or effectiveness. Software-embedded systems are more portable and suitable for mass production of embedded systems since they are smaller than conventional computers. A notable trend in electronic testing of military systems is the employment of synthetic instruments (SI).

Sources - QMI Research Practice, Primary & Secondary Insights

Based on service, the market is categorized into design, test & certification, deployment, renewal, seamless life cycle support.

Among these, the design subsegment is expected to held a notable share in the market. In order to create a dedicated computer system that completes a particular task in electronic, mechanical, and electronic devices, hardware and software must be combined. They are made to operate with little to no human intervention and to carry out tasks as effectively as possible. An embedded system's performance is influenced by design scalability and other performance parameters. Fast and dependable embedded systems are those that have only one task to fulfil. Furthermore, the end user is not required to physically access the embedded gadget. Embedded systems' less expensive hardware is a result of their focus on particular tasks such as design.

Based on service, the market is categorized into design, test & certification, deployment, renewal, seamless life cycle support.

Among these, the design subsegment is expected to held a notable share in the market. In order to create a dedicated computer system that completes a particular task in electronic, mechanical, and electronic devices, hardware and software must be combined. They are made to operate with little to no human intervention and to carry out tasks as effectively as possible. An embedded system's performance is influenced by design scalability and other performance parameters. Fast and dependable embedded systems are those that have only one task to fulfil. Furthermore, the end user is not required to physically access the embedded gadget. Embedded systems' less expensive hardware is a result of their focus on particular tasks such as design.Based on region, the military embedded systems market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. In 2022, the Europe accounted for the significant share xx.xx% in the global military embedded systems market. This region was valued at USD xx.xx million in 2022, and it is projected to grow at a CAGR of xx.xx% during the forecast period, reaching USD xx.xx million by 2032.

North America region is expected to held a notable share in the market. The United States is a technologically advanced country with enormous potential for military electronics investments. Leading market participants including Curtiss-Wright Company (US), Mercury Systems, Inc. (US), and SMART Embedded Computing (US) are investing in the research and development of blade servers and rack-mount servers, which is accelerating the expansion of the military embedded systems market in North America.

Throughout the projected period, the global military embedded system market is anticipated to develop at the quickest rate in Asia Pacific. The constant modernization of fighting platform technologies in the military and defence sector is one of the primary causes of the rapid expansion. The military sector is being upgraded and advanced by major nations like China, India, and Japan introducing cutting-edge communication equipment and related platforms in defense.