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The market dynamics is fueled by increase in defense spending across Asia and North America and stabilization of the government funding in other major regions. Manufacturers of defense equipment across geographies are grappling with major challenges related to export-control regulations, issues on key technology transfers, and various intellectual-property issues. Companies are looking for a major overhaul in the commercial and defense portfolios and seeking a balance between the sectors to stay competitive in the aerospace & defense industry. The reports by Allied Market Research track prominent shifts, offer insights into the strategies of key industry players along with analyzing the trends in the change in their revenue share and size across various regions.
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The global undersea warfare systems market was valued at $15.8 billion in 2021, and is projected to reach $24.8 billion by 2031, growing at a CAGR of 4.7% from 2022 to 2031.
The global military aircraft communication avionics market was valued at $23.9 billion in 2020, and is projected to reach $35.0 billion by 2030, growing at a CAGR of 4.05% from 2021 to 2030.
The global drone payload market was valued at $7.2 billion in 2020, and is projected to reach $33.3 billion by 2030, growing at a CAGR of 16.9% from 2021 to 2030.
The global C5ISR market was valued at $120.38 billion in 2020, and is projected to reach $188.00 billion by 2030, growing at a CAGR of 4.7% from 2021 to 2030.
The global vetronics market was valued at $4.2 billion in 2020, and is projected to reach $6.5 billion by 2030, growing at a CAGR of 4.67% from 2021 to 2030.
The global nuclear bombs and missiles market was valued at $72.64 billion in 2020, and is projected to reach $126.34 billion by 2030, growing at a CAGR of 5.4% from 2021 to 2030.
The global airborne fire control radar market was valued at $2,499.30 million in 2020, and is projected to reach $4,455.09 million by 2030, growing at a CAGR of 6.17% from 2021 to 2030.
Small drones market was valued at $7.44 billion in 2020, and is projected to reach $24.29 billion in 2030, registering a CAGR of 13.16%.
The global smart weapons market was valued at $14.90 billion in 2020, and is projected to reach $23.96 billion in 2030, registering a CAGR of 5%.
The unmanned ground vehicle market was valued at $2.12 billion in 2020, and is projected to reach $6.04 billion in 2030, registering a CAGR of 11.4%.
The in-flight entertainment & connectivity market was valued at $4.13 billion in 2020, and is projected to reach $11.65 billion in 2030, registering a CAGR of 11.36%.
The global nanosatellite and microsatellite market was valued at $2.23 billion in 2020, and is projected to reach $8.69 billion in 2030, registering a CAGR of 14.9%.
The global electromagnetic weapons market was valued $350.0 million in 2020, and is projected to reach $2,060.1 million in 2030, registering a CAGR of 19.7%.
The global missile defense system market was valued at $26.16 billion in 2020, and is projected to reach $40.04 billion in 2030, registering a CAGR of 4.4%.
The global aerial imaging market was valued at $2.26 billion in 2020, and is projected to reach $8.52 billion by 2030, registering a CAGR of 14.2%.
The global military transport aircraft market was valued at $28.33 billion in 2020, and is projected to reach $45.40 billion by 2030, registering a CAGR of 4.8% from 2021 to 2030.
The global military simulation and training market was valued at $11.56 billion in 2020, and is projected to reach $20.58 billion by 2030, registering a CAGR of 6.2%. North America was the ...
The global small arms market was valued at $8.39 billion in 2020, and is projected to reach $13.75 billion by 2030, registering a CAGR of 5.3%. North America was the highest revenue ...
The global aircraft brake system market was valued at $10.52 billion in 2020, and is projected to reach $16.95 billion in 2030, registering a CAGR of 5.2%.
The global target drone market was valued at $4.46 billion in 2020, and is projected to reach $8.55 billion in 2030, registering a CAGR of 6.9%.
The global research department explosive (RDX) market was valued at $9.83 billion in 2020, and is projected to reach $13.92 billion by 2030, registering a CAGR of 3.4% from 2021 to 2030.
The global firefighting aircraft market was valued at $8.85 billion in 2020, and is projected to reach $16.47 billion by 2030, registering a CAGR of 6.5% from 2021 to 2030.
The global self-guided torpedo market was valued at $1,256.7 million in 2020, and is projected to reach $2,188.7 million in 2030, registering a CAGR of 6.0%.
The global air ambulance services market was valued at $5.24 billion in 2020, and is projected to reach $14.24 billion by 2030, registering a CAGR of 10.6% from 2021 to 2030.
The global micro drone market was valued at $6,717.4 million in 2020, and is projected to reach $28,910.5 million in 2030, registering a CAGR of 17.2%.
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