“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

Visiongain Publishes Counter-UAV (C-UAV) Market Report 2020-2030

Adoption of unmanned aerial vehicles (UAVs) for industrial and recreational purposes across the globe has increased over the past few years and the trend is expected to continue over the coming years. This has contributed to a major rise in the amount of cases of security violations at public facilities and vital government services.

16 September 2020

Read

Visiongain Publishes Command and Control (C2) System Market Report 2020-2030

Where is the Command and Control (C2) market heading? If you are involved in this sector you must read this newly updated report. Visiongain’s report shows you the potential revenue streams to 2030, assessing data, trends, opportunities, and business prospects there.

04 September 2020

Read

Visiongain Publishes Electronic Warfare (EW) Market Report 2020-2030

The realm of electronic warfare has conventionally been stayed in the confidential domain, even among the security community.

05 August 2020

Read

Visiongain Publishes Military Radar System Market Report 2020-2030

The world market for military radar systems is currently undergoing a state of flux due mainly to extensive cuts in defence budgets in many markets that have had a major impact on procurement.

14 July 2020

Read

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