Military Computer Industry Forecast Share Application With Size, Share, Analysis, Growth, Trend 2027
Military Computers Market Information by Type (Rugged Computers and Embedded Computers), Platform (Ground, Airborne and Naval) and Region (North America, Europe, Asia-Pacific, Middle East and Rest of the World) - Forecast to 2027 by MRFR
Competitive Analysis
The key players in the
global military computers market are Cobham PLC (UK), Curtiss-Wright
Corporation (US), Elbit Systems Ltd (Israel), General Dynamics Corporation
(US), Saab AB (Sweden), BAE Systems (UK), Collins Aerospace (US), Getac
Technology Corporation (Germany), L3 Technologies Inc. (US), Northrop Grumman
Corporation (US), Panasonic Corporation (US), Raytheon Company (US), Safran
Group (France), Thales Group (France) and Zebra Technologies Corporation (New
Zealand).
Market Overview
The Global Military
Computer Industry is expected to reach USD 2986.0 million by
2024 at a CAGR of 6.40% during the forecast
period.
Military computers are
rugged computers that are either portable or mounted on armored vehicles. They
are more robust and advanced than industrial/commercial computers. Most of the
electronics in a military computer are protected by a layer of conformal
coating to make them suitable for rugged military use. The various components,
such as plug-in cards, are individually supported and secured to ensure
stability.
Segmental Analysis
The global Military Computers Market has been segmented based on type and platform.
By type, the global
military computers market has been classified as rugged computers and embedded
computers. The rugged computers segment is projected to dominate the market
with a valuation of USD 1,284.7 million in 2018 and
reach USD 1,940.9 million by 2024. Rugged computers are
designed to operate in harsh climatic conditions and environments. These
systems offer features such as high-definition (HD) graphics, Ethernet
connectivity, USB interface, and Wi-Fi connectivity. Rugged computers enable
military personnel to view and share crucial information from remote areas. The
embedded computers segment is expected to exhibit a CAGR of 5.51% during
the forecast period.
Based on platform, the
global military computers market has been divided into ground, airborne, and
naval. The ground segment is expected to lead the market with a value of USD
1,016.9 million in 2018 and reach USD 1,410.0 million by 2024.
Military computers offer benefits to army personnel such as battlefield
connectivity and Internet of Things (IoT) on tablets that enable users to view
and share data from remote areas. Additionally, these systems are portable and
operate in harsh climatic conditions. The airborne segment is expected to
register a 7.27% CAGR during the forecast period. The naval
segment is projected to exhibit the highest CAGR of 6.98% during
the forecast period.
Regional
Analysis
The global military
computers market has been segmented, by region, into North America, Europe,
Asia-Pacific, the Middle East, and the rest of the world.
North America is
leading the market with a valuation of USD 599.32 million in 2018.
The presence of major market players, such as Northrop Grumman Corporation and
Curtiss-Wright Corporation, is expected to drive market growth in North
America. The regional market is expected to reach USD 916.10
million by 2024 at a CAGR of 7.33% during the
forecast period.
Europe is projected to
be the second-largest market during the review period. The regional market is
expected to reach USD 732.46 million by 2024 at a CAGR
of 6.02% during the forecast period. Asia-Pacific is projected to be
the third-largest market during the review period. The regional market is
expected to reach USD 659.90 million by 2024 at a CAGR
of 6.91% during the forecast period.
Key Developments
- In June
2016, Elbit launched the intelligence, surveillance, target
acquisition, reconnaissance (ISTAR) system for applications such as border
patrol, perimeter security, surveillance, and counter-surveillance. The
ISTAR Dismounted Solution includes a handheld mission computer that can be
networked to receive and process data from many sources into actionable
intelligence.
Access Report Details @ https://www.marketresearchfuture.com/reports/military-computers-market-7890
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