Global Ground Defense System Market Segments 2024, Forecast To 2033
5 Mar, 2024
The ground defense system market size has shown strong growth, increasing from $53.41 billion in 2023 to $57.51 billion in 2024, with a 7.7% CAGR. This growth is linked to military modernization, geopolitical tensions, and urban warfare focus. In 2028, the market is anticipated to reach $76 billion, maintaining a 7.2% CAGR. Trends include directed energy weapon adoption, unconventional threat rise, cybersecurity integration, and multi-domain operations.
Global Ground Defense System Market Key Driver
The ground defense system market is witnessing growth due to the rising demand for cybersecurity. With an estimated cybersecurity spending exceeding $188 billion in 2023 and an annual increase of 15% in the cost of cybercrime, there is a heightened focus on cybersecurity. The ground defense system market requires robust cybersecurity measures to protect against evolving threats, contributing to market growth.
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The ground defense system market covered in this report is segmented –
1) By Component: Products, Services
2) By Technology: Artificial Intelligence, 3D Printing, Internet of Things, Wearable Devices, Other Technologies
3) By Operation: Manned, Unmanned
4) By Application: Logistics And Transportation, Surveillance And Reconnaissance, Cyber Security, Explosive Ordinance Disposal (EOD), Intelligence And Data Warfare, Combat Simulation, Training And Health Monitoring, Other Applications
5) By End-User: Defense Intelligence, Military, Law Enforcement
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North America was the largest region in the ground defense system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the ground defense system market report during the forecast period. The regions covered in the ground defense system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Ground Defense System Industry Players
BAE Systems PLC; Lockhead Martin Corporation; Northrop Grumman Corporation; Thales Group; Israel Aerospace Industries Ltd.; Kongsberg Gruppen; MBDA Missile Systems Inc.; Rafael Advanced Defense Systems Ltd.; Raytheon Technologies Corporation; Rheinmetall AG; Boeing Company; Elbit Systems Ltd.; Leonardo S.p.A.; General Dynamics Corporation; CNH Industrial N.V.; Curtiss-Wright Corporation; Mercury Systems; Kontron AG; AMETEK Inc.; Saab AB; AIRBUS; Aselsan A.S.; Smiths Group PLC; Teledyne FLIR LLC; Bruker Corporation; Chemring Group plc; ST Engineering Ltd.; FNSS Defense Systems Inc.; NORINCO Group; Rostec State Corporation
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AIOps Ground Defense System Market Overview
A ground defense system refers to a missile defense system that is operationally deployed and able to protect the entire country from attacks by long-range ballistic missiles. A ground defense system is used to provide early detection, tracking, target discrimination, precision intercept and force-of-collision destruction of the target during the boost and midcourse phases.
Ground Defense System Global Market Report 2023 provides data on the global ground defense system market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The ground defense system market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.