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Defense Electronic Market Report: Trends, Forecast and Competitive Analysis to 2030

January 2024 | 150 pages | ID: D691EAB65855EN
Lucintel

US$ 4,850.00

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Defense Electronic Trends and Forecast

The future of the global defense electronic market looks promising with opportunities in the navigation, communication, display, C4ISR, electronic warfare, radar, and optronics markets. The global defense electronic market is expected to grow with a CAGR of 7.8% from 2024 to 2030. The major drivers for this market are growing demand for AI and IoT devices in military operations and rising adoption of integrated defense electronic technologies.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Defense Electronic by Segment

The study includes a forecast for the global defense electronic by platform, end use, and region.

Defense Electronic Market by Platform [Shipment Analysis by Value from 2018 to 2030]:
  • Airborne
  • Marine
  • Land
  • Space
Defense Electronic Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
  • Navigation
  • Communication
  • Display
  • C4ISR
  • Electronic Warfare
  • Radar
  • Optronics
Defense Electronic Market by Region [Shipment Analysis by Value from 2018 to 2030]:
  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World
List of Defense Electronic Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies defense electronic companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the defense electronic companies profiled in this report include-
  • Northrop Grumman
  • Lockheed Martin
  • Thales
  • BAE Systems
  • Raytheon Technologies
  • General Dynamics
  • L3Harris Technologies
  • Honeywell International
  • Rheinmetall
  • SAAB
Defense Electronic Market Insights

Lucintel forecasts that space is expected to witness the highest growth over the forecast period due to growing use of defense electronics in this platform to assistance with weather monitoring, surveillance & reconnaissance, navigation, and communication, as well as for quick and secure data transfer.

Within this market, optronics is expected to witness the highest growth over the forecast period.

APAC is expected to witness highest growth over the forecast period due to rise in geopolitical tensions and security threats, growing demand for unmanned aerial vehicles, and presence of defense electronics manufacturers in the region.

Features of the Global Defense Electronic Market

Market Size Estimates: Defense electronic market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Defense electronic market size by platform, end use, and region in terms of value ($B).

Regional Analysis: Defense electronic market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different platforms, end uses, and regions for the defense electronic market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the defense electronic market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the growth forecast for defense electronic market?

Answer: The global defense electronic market is expected to grow with a CAGR of 7.8% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the defense electronic market?

Answer: The major drivers for this market are growing demand for AI and IoT devices in military operations and rising adoption of integrated defense electronic technologies.

Q3. What are the major segments for defense electronic market?

Answer: The future of the defense electronic market looks promising with opportunities in the navigation, communication, display, C4ISR, electronic warfare, radar, and optronics markets.

Q4. Who are the key defense electronic market companies?

Answer: Some of the key defense electronic companies are as follows:
  • Northrop Grumman
  • Lockheed Martin
  • Thales
  • BAE Systems
  • Raytheon Technologies
  • General Dynamics
  • L3Harris Technologies
  • Honeywell International
  • Rheinmetall
  • SAAB
Q5. Which defense electronic market segment will be the largest in future?

Answer: Lucintel forecasts that space is expected to witness the highest growth over the forecast period due to growing use of defense electronics in this platform to assistance with weather monitoring, surveillance & reconnaissance, navigation, and communication, as well as for quick and secure data transfer.

Q6. In defense electronic market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to rise in geopolitical tensions and security threats, growing demand for unmanned aerial vehicles, and presence of defense electronics manufacturers in the region.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the defense electronic market by platform (airborne, marine, land, and space), end use (navigation, communication, display, C4ISR, electronic warfare, radar, and optronics), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

For any questions related to Defense Electronic Market, Defense Electronic Market Size, Defense Electronic Market Growth, Defense Electronic Market Analysis, Defense Electronic Market Report, Defense Electronic Market Share, Defense Electronic Market Trends, Defense Electronic Market Forecast, Defense Electronic Companies, write Lucintel analyst at email: [email protected]. We will be glad to get back to you soon.
1. EXECUTIVE SUMMARY

2. GLOBAL DEFENSE ELECTRONIC MARKET : MARKET DYNAMICS

2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030

3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Defense Electronic Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Defense Electronic Market by Platform
  3.3.1: Airborne
  3.3.2: Marine
  3.3.3: Land
  3.3.4: Space
3.4: Global Defense Electronic Market by End Use
  3.4.1: Navigation
  3.4.2: Communication
  3.4.3: Display
  3.4.4: C4ISR
  3.4.5: Electronic Warfare
  3.4.6: Radar
  3.4.7: Optronics

4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2018 TO 2030

4.1: Global Defense Electronic Market by Region
4.2: North American Defense Electronic Market
  4.2.1: North American Defense Electronic Market by Platform: Airborne, Marine, Land, and Space
  4.2.2: North American Defense Electronic Market by End Use: Navigation, Communication, Display, C4ISR, Electronic Warfare, Radar, and Optronics
4.3: European Defense Electronic Market
  4.3.1: European Defense Electronic Market by Platform: Airborne, Marine, Land, and Space
  4.3.2: European Defense Electronic Market by End Use: Navigation, Communication, Display, C4ISR, Electronic Warfare, Radar, and Optronics
4.4: APAC Defense Electronic Market
  4.4.1: APAC Defense Electronic Market by Platform: Airborne, Marine, Land, and Space
  4.4.2: APAC Defense Electronic Market by End Use: Navigation, Communication, Display, C4ISR, Electronic Warfare, Radar, and Optronics
4.5: ROW Defense Electronic Market
  4.5.1: ROW Defense Electronic Market by Platform: Airborne, Marine, Land, and Space
  4.5.2: ROW Defense Electronic Market by End Use: Navigation, Communication, Display, C4ISR, Electronic Warfare, Radar, and Optronics

5. COMPETITOR ANALYSIS

5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis

6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS

6.1: Growth Opportunity Analysis
  6.1.1: Growth Opportunities for the Global Defense Electronic Market by Platform
  6.1.2: Growth Opportunities for the Global Defense Electronic Market by End Use
  6.1.3: Growth Opportunities for the Global Defense Electronic Market by Region
6.2: Emerging Trends in the Global Defense Electronic Market
6.3: Strategic Analysis
  6.3.1: New Product Development
  6.3.2: Capacity Expansion of the Global Defense Electronic Market
  6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Defense Electronic Market
  6.3.4: Certification and Licensing

7. COMPANY PROFILES OF LEADING PLAYERS

7.1: Northrop Grumman
7.2: Lockheed Martin
7.3: Thales
7.4: BAE Systems
7.5: Raytheon Technologies
7.6: General Dynamics
7.7: L3Harris Technologies
7.8: Honeywell International
7.9: Rheinmetall
7.10: SAAB


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