“Military Embedded Systems market set to grow to $233bn by 2029” says new Visiongain report

01 May 2019
Defence

Visiongain has launched a new defence report Military Embedded Systems Market Forecast 2019-2029: By Application (Intelligence, Surveillance and Reconnaissance, Communication, Computer, Cyber Security, Combat, Command and Control), by Architecture (Hardware, Software), by Hardware (Processor, GPU, DSP, IP-Chip, Others) and by Platform (Land Based, Airborne, Sea Based) with Regional and National Market Forecasts.

An embedded system plays a significant role in electronic equipment and devices used for military applications. A typical embedded system consists of hardware, software, and a few other mechanical components designed to perform various predefined functions. Military embedded systems are open architecture based and are used for various electronic applications. Therefore, the demand for commercial off-the-shelf (COTS) embedded systems is increasing. Embedded systems are also customized for rugged military applications.

Increasing investment towards modern warfare technologies and increasing use of electronic warfare is expected to fuel the growth of military embedded systems market. The military embedded systems market is expected to grow from $89.6 billion in 2019 and is expected to reach $233.2 billion by 2029, growing at a CAGR of 10.0% during the forecast period.

Leading companies featured in the report who are developing military embedded systems includes Abaco Systems, Advanced Micro Devices, Advantech, Airbus, Altium, Artesyn Embedded Technologies, BAE Systems, Boeing, Concurrent Technologies, Curtiss-Wright Corporation, Elbit Systems, Eurotech, FLIR Systems, General Micro Systems, Harris Corporation, Honeywell International, Intel Corporation, Israel Aerospace Industries, L3 Technologies, Leidos, Leonardo, Mercury Systems, Mircosemi Corporation, Northrop Grumman, QinetiQ, Radisys Corporation, Raytheon Company, S&T Group, Telephonics Corporation, Textron, Thales, and Xilinx.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100.

About Visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

Recent News

“Command and Control System market set to grow to $52bn by 2029” says Visiongain

A command and control system is an operative architecture which includes software, hardware, computing procedures, specific standards, interface and applications that as a group supports connectivity across all levels of command.

13 June 2019

Read

“Military Battery Technologies market worth US$2,543 million in 2019” says Visiongain report

he Military Battery Technologies will represent significant revenue growth rate over the forecast period.

13 June 2019

Read

“Digitalisation & large-scale modernisation programmes having a profound effect on the Military Land Vehicle Electronics (Vetronics) Market” says new Visiongain report

Since the turn of the millennium, the birth of the digital battlefield has somewhat transformed how militaries around the world overcome challenges from state and non-state actors.

11 June 2019

Read

“Counter-UAV (C-UAV) market set to grow to $36bn by 2029 due to growing security concerns” says Visiongain report

The Counter-UAV market comprises of systems which are used to detect and disrupt suspected UAVs entering into a specified territory.

04 June 2019

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever