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Radar/EW

Precision-weapons instrument market to see 7% CAGR by 2028, study says - News

November 20, 2020

AMSTERDAM. The market revenue for global targeting pods -- reported to be $3.54 billion in 2020 -- is predicted to reach a value of approximately $6.22 billion by the year 2028, a combined annual growth rate (CAGR) of around 7.06% during the forecast period, according to a new study from Market Forecast, "Global Targeting Pods -- Market and Technology Forecast to 2028."

Comms

Vetronics market will be driven by digital battlefield, need for speed - News

October 07, 2020

AMSTERDAM. The global market revenue for military land vehicle electronics (vetronics), which accounted for $3.64 billion during 2020, is anticipated to reach approximately $6.01 billion by the year 2028, a combined annual growth rate (CAGR) of 5.73% during the forecast period, according to a market study by Market Forecast, "Global Military Land Vehicle Electronics (Vetronics) - Market and Technologies Forecast to 2028."

Cyber

Technology theft one of biggest challenges for defense industry, study says - News

July 30, 2020

AMSTERDAM. The total global defense budget -- estimated at around $1.8 trillion in 2020 -- is expected to grow to more than $2 trillion by 2028, at a combined annual growth rate of around 3%, according to a study by Market Forecast, "Global Defense Budget Analysis - Forecast to 2028."

Radar/EW

Military IoT and sensor market expansion driven by lower costs, boosted production - News

July 06, 2020

AMSTERDAM. IoT [Internet of things] technologies have the ability to support the military to effect substantial efficiencies, improve security and communication networks, and generate significant cost savings, according to a recent study by Market Forecast, "Global Military IoT & Sensors -- Market and Technology Forecast to 2028."

Radar/EW

Military systems and artillery market to grow around 3.6% per year globally, study says - News

July 10, 2019
AMSTERDAM. The global market for military artillery and systems is expected to pass $76 billion during 2019- 2027, a combined annual growth rate of approximately 3.6%, according to a study by Market Forecast, "Global Artillery and Systems -- Market and Technology Forecast to 2027."
Avionics

Military fixed-wing aircraft market to grow to approximately $100 billion by 2027, study says - News

June 17, 2019
AMSTERDAM. The market for military fixed-wing aircraft is expected to grow at a CAGR of around 2%, to reach approximately $100 billion in 2027, according to a new report from Market Forecast, "Global Military Fixed-Wing Aircraft -- Market and Technology Forecast to 2027."
Unmanned

Military armored-vehicle market to grow to $31.2 billion in 2027, study predicts - News

May 29, 2019
AMSTERDAM. The global market for military armored vehicles is expected to grow from $24 billion in 2019 to $31.2 billion in 2027, according to a study from Market Forecast, "Global Military Armored Vehicles -- Market and Technology Forecast to 2027."