Defence Electronics Market Report 2024-2034
The Defence Electronics Market Report 2024-2034: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
Integration of Artificial Intelligence in Defence Applications
The integration of artificial intelligence (AI) in defence applications is revolutionising the capabilities of defence electronics and driving market growth. AI technologies are being incorporated into various defence systems, including command and control, surveillance, autonomous platforms, and cyber defence. AI enables faster and more accurate decision-making, enhances situational awareness, and automates complex tasks. For example, AI-driven predictive maintenance systems can analyse vast amounts of data from sensors embedded in military equipment to predict and prevent failures, thereby improving operational readiness and reducing maintenance costs. Additionally, AI algorithms are being used to develop advanced target recognition systems that can identify and track multiple threats in real-time, enhancing the effectiveness of defence operations. The growing adoption of AI in defence underscores the need for advanced electronics capable of supporting AI-driven functionalities, driving the market forward.
Development of Advanced Radar Systems
The development of advanced radar systems is a crucial driver for the global defence electronics market. Radar systems are vital for surveillance, target acquisition, tracking, and missile guidance in military operations. The evolution of radar technology, including the development of active electronically scanned array (AESA) radars, has significantly enhanced the performance and capabilities of modern radar systems. AESA radars offer superior detection range, resolution, and reliability compared to traditional mechanically scanned radars. For example, the AN/APG-81 AESA radar used in the F-35 fighter jet provides advanced air-to-air and air-to-ground capabilities, enabling the aircraft to detect and track multiple targets simultaneously. The increasing demand for advanced radar systems in various military applications, including air defence, naval surveillance, and ground-based radar systems, is driving the growth of the defence electronics market.
What Questions Should You Ask before Buying a Market Research Report?
- How is the defence electronics market evolving?
- What is driving and restraining the defence electronics market?
- How will each defence electronics submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2034?
- How will the market shares for each defence electronics submarket develop from 2024 to 2034?
- What will be the main driver for the overall market from 2024 to 2034?
- Will leading defence electronics markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2034 and which geographical region will lead the market in 2034?
- Who are the leading players and what are their prospects over the forecast period?
- What are the defence electronics projects for these leading companies?
- How will the industry evolve during the period between 2024 and 2034? What are the implications of defence electronics projects taking place now and over the next 10 years?
- Is there a greater need for product commercialisation to further scale the defence electronics market?
- Where is the defence electronics market heading and how can you ensure you are at the forefront of the market?
- What are the best investment options for new product and service lines?
- What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the defence electronics market today, and over the next 10 years:
- Our 395-page report provides 123 tables and 199 charts/graphs exclusively to you.
- The report highlights key lucrative areas in the industry so you can target them – NOW.
- It contains in-depth analysis of global, regional and national sales and growth.
- It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you TODAY how the defence electronics market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.
Forecasts to 2034 and other analyses reveal commercial prospects
- In addition to revenue forecasting to 2034, our new study provides you with recent results, growth rates, and market shares.
- You will find original analyses, with business outlooks and developments.
- Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising defence electronics prices and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, “V”, “L”, “W” and “U” are discussed in this report.
Segments Covered in the Report
Market Segment by Platform
Market Segment by EW Systems
- Radar Jamming Systems
- Electronic Countermeasures
- Signal Intelligence Systems
- Other EW Systems
Market Segment by ISR Sensors
- Electro-Optical/Infrared (EO/IR) Sensors
- Synthetic Aperture Radar (SAR)
- Electronic Support Measures (ESM)
- Magnetic Anomaly Detection (MAD) Systems
- Other Sensors
Market Segment by Type
- Command, Control, and Communication Systems
- Electronic Warfare Systems
- Surveillance and Reconnaissance Systems
- Intelligence, Surveillance, and Reconnaissance (ISR) Sensors
- Navigation and Guidance Systems
- Other Types
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 20 leading national markets:
North America
Europe
- Germany
- Russia
- United Kingdom
- France
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
The report also includes profiles and for some of the leading companies in the Defence Electronics Market, 2024 to 2034, with a focus on this segment of these companies’ operations.
Leading companies profiled in the report
- BAE Systems PLC
- Cobham Limited
- Elbit Systems Ltd
- General Dynamics Corporation
- Honeywell International Inc
- Indra Sistemas, S.A
- Israel Aerospace Industries Ltd
- L3Harris Technologies, Inc
- Leonardo S.p.A
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Rheinmetall AG
- RTX Corporation (formerly Raytheon Technologies Corporation)
- SAAB AB
- Thales Group
Overall world revenue for Defence Electronics Market, 2024 to 2034 in terms of value the market will surpass US$171.8 billion in 2024, our work calculates. We predict strong revenue growth through to 2034. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
How will the Defence Electronics Market, 2024 to 2034 report help you?
In summary, our 390+ page report provides you with the following knowledge:
- Revenue forecasts to 2034 for Defence Electronics Market, 2024 to 2034 Market, with forecasts for platform, EW systems, ISR sensors, and type, each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.
- Revenue forecasts to 2034 for four regional and 20 key national markets – See forecasts for the Defence Electronics Market, 2024 to 2034 market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Also forecasted is the market in the US, Canada, Brazil, Germany, France, UK, Italy, Russia, China, India, Japan, and Australia among other prominent economies.
- Prospects for established firms and those seeking to enter the market – including company profiles for 15 of the major companies involved in the Defence Electronics Market, 2024 to 2034.
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.
Information found nowhere else
With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain’s study is for everybody needing commercial analyses for the Defence Electronics Market, 2024 to 2034, market-leading companies. You will find data, trends and predictions.
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