The global demand for Defense Electronics Market is presumed to reach the market size of nearly USD 259.05 BN by 2030 from USD 157.71 BN in 2022 with a CAGR of 6.4% under the study period 2023 - 2030.
Defense electronics refers to the specialized field of electronics technology and systems that are developed and used for various military and defense applications. These electronics are designed to provide communication, surveillance, intelligence gathering, navigation, targeting, and other critical capabilities to armed forces and defense organizations.
Market Dynamics
Technological advancements in electronics, communication, and artificial intelligence drive the development of sophisticated defense systems. Modernization efforts by armed forces, cybersecurity imperatives, and the proliferation of unmanned systems fuel the demand for advanced electronics. Geopolitical tensions, emerging threats, and the need for precision in military operations further contribute to market growth. Satellite communication, C4ISR systems, and multi-domain operations necessitate interconnected and cutting-edge defense electronics solutions. Budget allocations, counter-terrorism needs, and global arms trade also influence the market.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of defense electronics. The growth and trends of defense electronics industry provide a holistic approach to this study.
Market Segmentation
This section of the defense electronics market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Vertical
- Navigation, Communication, And Display (Avionics, Vetronics. Integrated Bridge Systems)
- C4ISR (Sensor System, Communication & Network Technologies, Display & Peripherals, Electronic Warfare, Software)
- Electronic Warfare (Jammers, Self-Protection Ew Suites, Directed Energy Weapons, Directional Finders, Directional Infrared Countermeasures, Antiradiational Missiles, Antennas, Ir Missile Warning Systems, Identification Friend Or Foe Systems, Laser Warning Systems, Electromagnetic Shielding, Laser Warning Systems, Radar Waming Receivers, Counter Uavs, Interference Mitigation Systems, Electromagnetic Pulse Weapons)
- Radars (Surveillance And Airborne Early Warning Radars, Tracking And Fire Control Radars, Multifunction Radars, Weapon Locating And C-Ram Radars, Ground Penetrating Radars, Weather Radars, Counter-Drone Radars, Airbome Moving Target Indicators, Air Traffic Control Radars, Aircraft Bird Strike Avoidance Radars, Other Radars)
- Optronics (Handheld Systems, Eo/Ir Payloads)
By Platform
- Airborne (Military Aircraft, Military Helicopters, Unmanned Aerial Vehicles)
- Marine (Aircraft Carriers, Amphibious Ships, Destroyers, Frigates, Submarines, Unmanned Maritime Vessels)
- Land (Dismounted Soldier Systems, Military Fighting Vehicles, Command Centers, Unmanned Ground Vehicles)
- Space (Leo Satellites, Meo Satellites, Geo Satellites)
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Defense Electronics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Defense Electronics Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Defense Electronics market include Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), Raytheon Technologies Corporation (US), Thales Group (France), and BAE Systems plc (UK) and others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.