With advancements in technology awareness regarding usage of NextGen weapons and systems in modern warfare is increasing among armed forces of major countries.

Owing to the rise in the number of war threats and injuries, the market for safety features, such as crash avoidance systems, traction control, electronic stability control, tire pressure monitors, airbags and telematics, are in demand worldwide.

Growing threat of unprecedented terrorist threats amid coronavirus pandemic is anticipated to propel the growth of x-band radar market over the forecast timeframe.

VTOL (vertical take-off and landing) UAVs are finding huge demand from defense forces, owing to the runway-less take-off and landing feature associated with such aircraft. Moreover, the growing usage of VTOL UAVs in numerous applications, for instance, aerial remote sensing, product delivery, surveying & mapping, monitoring, and agriculture, is also bolstering the growth of the VTOL UAV market.

Rising investments for the development of ultra-powerful radars and other communication systems by the major industry players is expected to raise the requirement to upgrade existing communication systems. This is expected to drive the growth of global vetronics market.