New Research Reports on Defense Market Now Available at MarketPblishers.com
20 Apr 2022 • by Natalie Aster
LONDON – Market Publishers informs that many new research studies covering the defense market have been recently uploaded to our database. These reports provide access to reliable, updated information on the examined markets’ performance, uncover data on the historical and current market scenarios, discuss prevailing and emerging trends, identify the key drivers and restraints, examine the competitive landscape and highlight leading players, offer future forecasts, touch upon growth prospects, and offer other important data on the market development. Market Publishers’ team of experts has prepared a selection of the most in-demand latest studies on the defense market available at MarketPublishers.com:
Precision Guided Munition Market
The world’s market for precision-guided munition is slated to amount to USD 55.17 billion in the year 2030, registering growth at a 5.6% CAGR in the coming years. The rising need for extremely accurate munitions for target attacking is poised to act as the key driver of the global demand for precision-guided munitions. Besides, ongoing enhancements in precision attacking components and rising political and territorial conflicts between major economies are also expected to influence the market for precision-guided munitions in the next 9 years. The tactical missiles segment is projected to expand significantly over the forecast years due to their increasing usage in all types of attacking mechanisms. Furthermore, surface-to-surface and air-to-air tactical missiles are poised to gain popularity in the warfare equipment market in the years ahead…
Propelled by the changing nature of warfare, growing incidence of drug trafficking, the militarization of police forces, rising terrorist activities, and ongoing modernization of armed forces, the world’s ammunition market is predicted to expand at a 3.7% CAGR in the next 4 years and will likely increase in value terms from USD 24.3 billion in 2021 to USD 29.1 billion in 2026. The COVID-19 pandemic has affected the ammunition market growth to some extent, and this varies from country to country. Although the pandemic has not affected the demand for ammunition across defense applications, continuous lockdowns and social distancing measures have resulted in lower demand for ammunition from civil and commercial applications. North America is slated to remain the largest contributor to the global ammunition market in the next 4 years…
Military Simulation & Training Market
The global market for military simulation and training is projected to increase in value terms from USD 9.2 billion in 2022 to reach USD 12.2 billion by 2027, registering a CAGR of 5.6% in the next 5 years. The increasing defense spending across the world and ongoing technological developments to help strengthen military capabilities and efficiency are poised to drive growth in the military simulation and training market. Furthermore, increasing geopolitical tensions across regions and overall strengthening activities worldwide are triggering defense spending across regions. The aviation segment is poised to be the leading application segment of the overall military simulation and training market over the forecast period…
The global 5G in defense market is forecast to cross the USD 2.48 billion mark in value terms by the year 2027, expanding at a tremendous CAGR of 30.2% in the next 5 years. Robust growth in this market will likely be spurred by such factors as the higher network speed, lower latency in 5G, and rising adoption of autonomous and connected devices. On the basis of communication infrastructure, the small cell segment is poised to command the dominant share of the overall 5G in defense market over 2022-2027, supported by the large-scale deployment of small cells by 5G network operators. North America is predicted to be the leading regional market for 5G in the defense through 2027…
Many other comprehensive research studies covering the defense industry can be found in the Defense & Security Market Research Reports Catalogue.
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