Military Embedded Systems Market Size Worth $3.68 Billion By 2032 | CAGR: 8.5%

Military Embedded Systems Market Size Worth $3.68 Billion By 2032 | CAGR: 8.5%

The global military embedded systems market size is expected to reach USD 3.68 billion by 2032, according to a new study by Polaris Market Research. The report “Military Embedded Systems Market Share, Size, Trends, Industry Analysis Report, By Platform Type (Land, Airborne, Naval, Unmanned, and Space); By Component; By Application; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Higher technological breakthroughs in the network convergence to carry & load data form multiple different systems over a single cable, that allow aerospace and military sector to carry huge amount of data, even in different formats from sensors and applications, is acting as a major driving factor for the global market growth.

Moreover, market players are focusing on the development of agile & advanced electronic warfare systems and are also implementing on the electronic embedded systems to counter against the adaptive radars on the battlefield in real-time effectively, and likely to contribute significantly to the market growth.

For instance, in January 2023, GET Engineering, announce the launch of its latest Compact Embedded System for both military and industrial uses, that are complaint with MIL STD 704 F, MIL STD 1275 D power, & MIL-STD 461 EMI filters. The system design is unique to the company, that allows for mixing & matching protocols, will also functionality in the complex systems.

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In the recent years, the major armed forces around the world like US, China, Russia, and India are focusing on the increased integration of embedded electronics including both hardware and software, that aids them in understanding and overseeing their operational environment.

In addition, a rapid shift in the defense sector towards the warfare based on electronics and novel technologies and introduction to modern technologies like C4ISR, wireless, and cloud are anticipated to create significant growth opportunities to the market growth.

Military Embedded Systems Market Report Highlights

  • Naval segment accounted highest market share in 2022 owing to growing deployment of these systems in combat ships and submarines
  • Software segment is expected to grow at a high CAGR during the anticipated period, which is mainly accelerated by its numerous advantages including easy portability and less space required.
  • Communication & navigation segment is projected to account for significant market revenue share on account of highly growing prevalence for advanced communication network & technologies worldwide.
  • North America region dominated the global market. It is mainly attributable to rapid growth in the military spending and adoption of these systems to improve the defense sector in countries like US and Canada.
  • The global key market players include Intel Corporation, SMART Embedded Computing, SK+DK Embedded Systems Ltd., General Dynamics Corporation, and Renesas Electronics Corporation.

Polaris Market Research has segmented the military embedded systems market report based on platform type, component, application, and region:

Military Embedded Systems, Platform Type Outlook (Revenue - USD Billion, 2019 - 2032)

  • Land
  • Airborne
  • Naval
  • Unmanned
  • Space

Military Embedded Systems, Component, Outlook (Revenue - USD Billion, 2019 - 2032)

  • Hardware
  • Software

Military Embedded Systems, Application Outlook (Revenue - USD Billion, 2019 - 2032)

  • Radar
  • Command & Control
  • Avionics
  • Electronic Warfare
  • Communication & Navigation
  • Weapon Fire Control Systems
  • Others

Military Embedded Systems, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa