Military Embedded Systems Market Size Outlook and Opportunities in Grooming Regions with Forecast 2026

 

Global Ballistic Protection Market.

Market Forecast

The global military embedded systems market is projected to be valued at USD 19,560 Million by 2026, registering a CAGR of 6.31% from 2020 to 2026.

 

Increasing demand for new and advanced electronic combat systems has significantly contributed to the expansion of the military embedded systems market. Furthermore, increasing military expenditure, rising military modernization programs, and growing demand for fast and secured communication among the armed forces are also expected to drive the growth of the segment.


However, issues related to designing military embedded systems and security issues are expected to hamper the growth of the market.


Market USP


The growing use of electronic warfare systems for geospatial intelligence gathering and technological advancements in network convergence is expected to drive the demand for military embedded systems.


Growth Opportunities in the Market


The hardware segment dominated the market in 2019: The hardware segment dominated the market in 2019. Demand for electronic hardware can be directly linked to the rise in demand for driver-assistance systems and electromobility solutions for electric and hybrid combat vehicles. Thus, driving the growth of the segment.


Intelligence, surveillance & reconnaissance (ISR) segment expected to register the highest CAGR: The segment is expected to grow at the highest CAGR during the forecast period from 2020 to 2026. The growth of this segment can be attributed to the increasing procurement of advanced and high-tech surveillance & monitoring systems.


The airborne segment dominated the market in 2019: The airborne segment is expected to grow at the highest CAGR during the forecast period. This increasing demand for open system avionics in special mission aircraft and increasing surveillance operations due to geographical instability are expected to drive the growth of the segment.


Edge computing segment to register the highest growth rate: The edge computing segment is projected to grow at the highest CAGR during the forecast period. The increasing demand for processing of the bulk data at a faster rate can be directly linked to the rise in demand for multi-access edge computing/mobile edge computing and semantic edge computing for various applications.


Design segment to register the highest growth rate: The design segment is projected to grow at the highest CAGR during the forecast period. The increasing demand for advanced military equipment with enhanced ISR and targeting capabilities is expected to drive the growth of the segment.


Key Players

  • Curtiss-Wright Corporation (US)
  • KONTRON AG (Germany)
  • Mercury Systems, Inc. (US)
  • Xilinx, INC. (US)
  • EUROTECH (Italy)
  • General Dynamics Corporation (US)
  • General Micro Systems, Inc. (US)
  • Advantech Co., Ltd. (Taiwan)
  • Thales Group (France)
  • SMART Embedded Computing (US)

Other Prominent Players

  • NXP Semiconductors (Netherlands)
  • Renesas Electronics Corporation (Japan)
  • Microsemi Corporation (US)
  • Advanced Micro Peripherals (UK)
  • Elma Electronic Inc. (Switzerland)
  • Texas Instruments Incorporated (US)
  • Teledyne Technologies Incorporated (UK
  • Intel Corporation (US)
  • Radisys Corporation (US)
  • Aitech Defense System (US)

 

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/military-embedded-systems-market-9627

 

Comments

Post a Comment

Popular posts from this blog

GERD and NERD Treatment Market Rising Uptake Of Technology In Medical And Healthcare Sector To Boost Industry’s Growth Market 2019 Market Highlights: GERD & NERD Treatment Market Research Report- Americas forecast till 2023 growing continuously and is expected to grow at a CAGR of 4.02 % from 2017 to 2023. Heartburn is the burning sensation in the chest behind the breastbone that we feel when stomach acid refluxes back into the esophagus (food tube). Increasing prevalence of gastric diseases has increased the investment in GERD medication for research and development. This is expected to further drive the demand for gastroenteric drugs. Major players in GERD & NERD treatment market Some of the major players in this market are ( U.S.), GlaxoSmithKline Plc (U.K), Ironwood Pharmaceuticals, Inc. (U.S.), Jeil pharmaceutical Co. Ltd. (South Korea), Johnson & Johnson (U.S.), Mederi Therapeutics Inc. (U.S.), Medigus Ltd. (Israel), Medtronic Inc. (U.S.), Merck & CO.,...
Read more
Air Ambulance Services Market Size, Share, Trends, Application  Global Air Ambulance Services Market  Overview The Global Air Ambulance Services Market is expected to reach USD 11,456.3 million by 2024 at a CAGR of 2.95% during the forecast period. Air ambulance manufacturers are investing heavily in advanced technologies to reduce costs and improve turnaround time. For instance, 3D printing is dramatically changing the way structures and components of aircraft are currently designed and manufactured. It reduces the design constraints that engineers face when using conventional fabrication techniques. Furthermore, the ability to fabricate functional electronics into complex structures using 3D printing allows manufacturers to offer air ambulances that operate effectively in adverse conditions such as inclement weather, tsunamis, droughts, and cyclones. Global Air Ambulance Services Market  Segmental Analysis The global air ambu...
Read more

Satellite Communication (SATCOM) Market Outlook And Opportunities With Future Growth Scenario By 2027

  Market Forecast The satellite communication (SATCOM) market is projected to register a  CAGR of 8.44%  between  2021 and 2027 .   SATCOM is used for the transmission of information from one place to another with the aid of a satellite that orbits around the Earth. SATCOM is employed for a wide range of mobile applications, including communication to aircraft, ships, vehicles, and hand-held terminals, as well as for TV and radio broadcasting. The increasing deployment of small satellites, growing demand for high-speed Internet, and rising adoption of maritime VSAT are primarily driving the market's growth. Additionally, increasing demand for small form factor SATCOM solutions and frequent launches of military satellitesare driving the global market's growth. Globally, military spending has increased significantly in recent years. Factors such as ongoing conflicts in the Middle East & Africa, long-standing tensions, territorial disputes between ...
Read more