Defense Electronics Global Market Report 2023 – By Component (Hardware, Software, Services), By Equipment Type (C4ISR Systems, Weapon Systems, Electro-Optical and Infrared (EO/IR) Systems, Military Simulators, Radar Systems, Sonar Systems, Avionics, Electronic Warfare, Other Equipment Type), By Platform (Airborne, Marine, Land, Space) – Market Size, Trends, And Global Forecast 2023-2032

Defense IT spending is the expenditure of any collection of computers, software, and networks of defense systems. It is the money spent by a government to provide its military with various technologies and infrastructure. The main types of defense IT spending are services, hardware and software. Hardware refers to the physical parts of a computer and related devices. The forces are defense forces and civilian forces. It has various applications involved such as IT infrastructure, cybersecurity, defense cloud computing, data analytics, IT application, logistics and assets management and others. The global defense IT spending market is segmented - 1) By Type: Services, Hardware, Software 2) By Force: Defense Forces, Civilian Forces 3) By Application: IT Infrastructure, Cybersecurity, Defense Cloud Computing, Data Analytics, IT Application, Logistics and Assets Management, Other Applications The global defense IT spending market is expected to grow from $85.26 billion in 2022 to $91.05 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The defense IT spending market is expected to grow to $111.95 billion in 2027 at a CAGR of 5.3%. Rising political tensions are expected to propel the growth of the defense IT spending market going forward. Geopolitical tensions are the political concerns that produce tension or turmoil between two or more countries. These tensions can be triggered by a variety of circumstances, including power, commerce, military activities, climate change, or significant events. Rising geopolitical tensions are leading countries to adopt advanced IT systems, as a result, increasing geopolitical tensions increase the demand for the defense IT spending market. For instance, in June 2022, according to Uppsala University, a Sweden-based public university, 119,000 people died in organized violence in 2021. This is an increase of 46 percent compared to the previous year. The Uppsala Conflict Data Program (UCDP) at Uppsala University registered 54 different conflicts where a state was involved on one or both sides during 2021. Therefore, the rising geopolitical tensions are driving the growth of the defense IT spending market. Major players in the defense it spending market are Leidos Holdings Inc., Accenture plc, International Business Machines Corporation, General Dynamics Corporation, BAE Systems PLC, DXC Technology Company, Dell Inc., Northrop Grumman Corporation, Unisys Corporation, Atos SE, Capgemini SE, Fujitsu Limited, Oracle Corporation, SAP SE, Microsoft Corporation, Amazon Inc., AT&T Intellectual Property, CACI International Inc., and Atkins. Product innovation is a key trend gaining popularity in the defense IT spending market. Major companies operating in the defense IT spending market are focused on developing new product solutions to strengthen their position in the market. For instance, in May 2022, BAE Systems, a UK-based company operating in defense IT spending, launched a new lightweight head-up display LiteWave®for use in commercial and military aircraft. The product has unique features such as it can be fitted in aircraft with even the most limited cockpit space. It’s also up to 80% faster to install and its simple design makes maintenance quicker and cheaper. It marks the next stage in bringing state-of-the-art digital technology to the marketplace and is available to begin flight trials for future customers on commercial and military aircraft. In February 2021, Veritas capital, a New York-based private-equity firm acquired Northrop Grumman for an amount of $3.4 billion in cash. This acquisition creates a leading government mission capability integrator and IT provider focused on delivering high-end technology-enabled services and unparalleled support to a broad range of critical government missions. Northrop Grumman is a US-based company operating in defense IT spending. North America was the largest region in the defense IT spending market share in 2022. The regions covered in the defense IT spending report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the defense IT spending market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The defense IT spending market consists of sales of defense material handling, enabling cost-savings and a competitive edge to the army, naval, and space domain. The market value includes the value of related goods sold by the service provider or included within the service offering. The defense IT spending market also includes sales of spending on defense equipment such as weapons, aircraft, and gear or personal equipment. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The defense it spending market research report is one of a series of new reports from The Business Research Company that provides defense it spending market statistics, including defense it spending industry global market size, regional shares, competitors with a defense it spending market share, detailed defense it spending market segments, market trends and opportunities, and any further data you may need to thrive in the defense it spending industry. This defense it spending market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Defense drones, also known as unmanned aerial vehicles (UAVs), are aircraft that fly autonomously, by remote control, or both and carry a variety of sensors, electronic receivers and transmitters, and offensive weaponry. Defense drones are used for observation and tactical making plans. The main products of a defense drone are fixed-wing systems, multirotor systems, and others. Fixed-wing aircraft are referred to as airplanes or planes that have wings that create lift by using forward airspeed to keep the aircraft in the air. The various ranges involved are short range, medium range, and high range with various payloads such as small drones, medium drones, and large drones which are used for intelligence, surveillance, reconnaissance, and targeting (ISRT), combat operations, and other applications. The global defense drone market is segmented - 1) By Product: Fixed-Wing Systems, Multirotor Systems, Other Products 2) By Range: Short Range, Medium Range, High Range 3) By Payload: Small Drones, Medium Drones, Large Drones 4) By Application: Intelligence, Surveillance Reconnaissance and Targeting (ISRT), Combact Operations, Other Applications The global defense drone market size is expected to grow from $10.41 billion in 2022 to $11.18 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global defense drone market is expected to grow to $14.57 billion in 2027 at a CAGR of 6.8%. The increasing defense expenditure is expected to propel the growth of the defense drone market going forward. Defense expenditure includes all current and capital expenditures on the armed forces, including peacekeeping troops of defense ministries and other government organizations involved in defense initiatives, paramilitary forces, and military activities. Defense drones are widely used in military operations due to their flexibility, minimal crew engagement, and lower manufacturing and maintenance costs. For instance, in April 2022, according to a report published by the Stockholm International Peace Research Institute (SIPRI), a Sweden-based independent international organization that conducts research into conflict, armaments, and disarmament, the global defense expenditure increased by 0.7% in 2021, to $2,113 billion. Therefore, the rise in defense expenditure is driving the demand for the defense drone market. Major players in the defense drone market are General Atomics Aeronautical Systems Inc., Northrop Grumman Corporation, Israel Aerospace Industries Ltd., BAE Systems Plc., Lockheed Martin Corporation, AeroVironment Inc., Elbit System Ltd., The Boeing Company, Thales Group, Saab Group, Raytheon Company, Turkish Aerospace Industries Inc., Textron Systems, Insitu Inc., and Hindustan Aeronautics Ltd. Product innovations are a key trend gaining popularity in the defense drone market. Major companies operating in the defense drone market are focused on developing innovative solutions to strengthen their position in the market. For instance, in November 2020, Elistair, a France-based maker of automated tethered drone systems, introduced the Orion 2 tethered drone for military, government, and industrial purposes. The Orion 2 hexacopter is a tethered drone with up to 24 hours of continuous monitoring. It is lightweight, sturdy, ruggedized, and redundant at every level. Furthermore, with its 330-foot (100-meter) micro-tether and 2 kg (4.5 pounds) payload. In addition, the Orion 2 can simultaneously broadcast georeferenced electro-optical and infrared images. In July 2020, UAS Drone Corp, an Israel-based company that designs, develops, and manufactures unmanned aerial systems, acquired Duke Robotics, Inc. for an undisclosed amount. The acquisition focuses on Duke Robotics' business to expand its presence in the military drone market with TIKAD, a UAS octocopter integrated with a Six Degrees of Freedom robotic gimbal system that enables remote, real-time firing of small arms and light weapons. Duke Robotics Inc is a US-based company, that creates sophisticated robotics technologies for the defense industry. North America was the largest region in the defense drone market share in 2022. Asia-Pacific is expected to be the fastest-growing region in the global defense drone market analysis during the forecast period. The regions covered in the global defense drone market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the defense drone market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The defense drone market consists of sales of defense drones with components such as sensors, RF communications, antennas, control stations, imaging cameras, propulsion systems, altimeters and controllers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The defense drone market research report is one of a series of new reports from The Business Research Company that provides defense drone market statistics, including defense drone industry global market size, regional shares, competitors with a defense drone market share, detailed defense drone market segments, market trends and opportunities, and any further data you may need to thrive in the defense drone industry. This defense drone market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Aerospace and defense components refer to parts that are produced to be involved in the manufacture and service of commercial aircraft, military defense, and space. These components are produced with the exact tolerances for their missions. They are used for the production of commercial and military aircraft, and even satellites. The main product of aerospace and defense components are aluminum, titanium, composites, superalloys, steel, plastics, and other products. Aluminum refers to a silvery-white metallic chemical whose atomic number is 13, and it has good thermal and electrical conductivity. These components are used for engines, aerostructure, interiors, equipment, system and support, and avionics by commercial, business, and general aviation, military, and other users. The global aerospace and defense components market is segmented - 1) By Product: Aluminum, Titanium, Composites, Superalloys, Steel, Plastics, Other Products 2) By Application: Engine, Aerostructure, Interiors, Equipment, System And Support, Avionics 3) By End User: Commercial, Business And General Aviation, Military, Other Users The global aerospace and defense components market size is expected to grow from $53.41 billion in 2022 to $59.83 billion in 2023 at a compound annual growth rate (CAGR) of 12.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global aerospace and defense components market size is expected to grow to $80.83 billion in 2027 at a CAGR of 9.9%. An increase in regional aircraft is expected to propel the aerospace and defense component market going forward. Regional aircraft refers to a small aircraft that provides passenger air service and tends to fly shorter routes with smaller aircraft that have a seating capacity of fewer than 100 seats. They are used on short- to medium-haul routes. Aerospace and defense components are used in the assembly of parts or a completed unit of any aircraft, so an increase in regional aircraft will propel the market's growth. For instance, in 2020, according to The Clean Sky Joint Undertaking, a Europe-based joint undertaking is a public-private partnership between the European Commission and the European aeronautics, over the next 20 years once the COVID-19 pandemic is over, the global regional air traffic is expected to be increasing at a rate of 4.5% yearly and furthermore, it will generate a market demand for over 8200 new regional aircraft with a market value of €390 billion ($420.9 Billion). Therefore, the increase in regional aircraft is driving the aerospace and defense component market. Major players in the aerospace and defense components market are Arconic Inc., Toray Composites America Inc., Huntsman International LLC, Hexcel Corporation, Saudi Basic Industries Corporation, Kobe Steel Ltd., Cytec Solvay Group, Constellium SE, DowDuPont Inc., Materion Corp., AMI Metal Inc., TATA Advanced Materials Limited, Koninklijke Ten Cate B.V., Sofitec Aero S.L., Teijin Ltd. In April 2020, Novelis Inc., a US-based leading global provider of aluminum rolling and recycling to the aerospace, automotive, and specialty industries, acquired Aleris Corporation for an undisclosed amount. Through this acquisition, combined resources are expected to allow Novelis to expand and enhance its product portfolio and its strategic position in Asia. With the acquisition, Novelis can diversify its portfolio into other premium market segments and expand its aluminum portfolio. Aleris Corporation is a US-based company that specialised in the production and sale of aluminum rolled and extruded products, recycled aluminum, and alloy requirements for a variety of aircraft. Technological advancement is a key trend gaining popularity in the aerospace and defense component markets. Major companies operating in the aerospace and defense components market are focused on developing resin technology solutions to strengthen their position. For instance, in July 2021, Toray Composite Materials America, Inc., a US-based leading producer of high-quality advanced composite materials, launched the flexible and highly adaptive prepreg system, Toray 2700. It is uniquely designed to be highly adaptable for automation and high-rate production processes. The aerospace industry can produce high-quality, high-volume, cost-effective composite parts with the help of a patented high-performance resin technology. For high-volume tiny parts like aircraft clips, molded brackets, and wing ribs, they are employed in compression molding. Flexible cure temperatures and less moisture absorption are expected to be supported. North America was the largest region in the aerospace and defense components market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global aerospace and defense components market report during the forecast period. The regions covered in the global aerospace and defense components market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the aerospace and defense components market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The aerospace and defense components market consist of sales of flat spiral, torque coil, and clutch, and snap rings. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The aerospace and defense components market research report is one of a series of new reports from The Business Research Company that provides aerospace and defense components market statistics, including aerospace and defense components industry global market size, regional shares, competitors with an aerospace and defense components market share, detailed aerospace and defense components market segments, market trends, and opportunities, and any further data you may need to thrive in the aerospace and defense components industry. This aerospace and defense components market research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

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. The main components of the ground defense system are products and services. A product refers to anything that is sold to fulfill a customer's need or want. The technologies involved are artificial intelligence, 3D printing, the internet of things, wearable devices and others that have manned and unmanned operations and are used for logistics and transportation, surveillance and reconnaissance, cyber security, explosive ordinance disposal (EOD), intelligence and data warfare, combat simulation, training and health monitoring and other applications for defense intelligence, military, law enforcement end-users. The global ground defense system market 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 The global ground defense system market size is expected to grow from $49.45 billion in 2022 to $52.96 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global ground defense system market is expected to reach $65.79 billion in 2027 at a CAGR of 5.6%. The rising demand for cyber security is expected to propel the growth of the ground defense system market going forward. Cybersecurity is the technique of preventing harmful assaults on computers, servers, mobile devices, electronic systems, network sand data. Ground defense systems need cyber security to support them during battle and to protect their networks from adversaries during peacetime which results in the rising demand for cyber security in the ground defense system market. For instance, according to Seeking Alpha, a US-based crowd-sourced content service for financial markets, cybersecurity spending is estimated to exceed $188 billion in 2023. Furthermore, according to Cybercrime Ventures, a US-based cybercrime researcher, the cost of cybercrime will increase by 15% yearly, reaching $10.5 trillion USD annually by 2025 from $3 trillion USD in 2015, also there will be 3.5 million unfilled cybersecurity jobs globally in 2023. Therefore, the rising demand for cyber security is driving the growth of the ground defense system market. Major players in the ground defense system market are 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 Co, Elbit Systems Ltd., Leonardo S.p.A., General Dynamics Corporation and CNH Industrial N.V. Technological advancement is the key trend gaining popularity in the ground defense system market. Major companies operating in the ground defense system market are focusing on developing new technologies. For instance, in December 2021, Thales, a France-based provider of smart technologies, launched XTRAIM, a Day/night de camouflage capability. The unique feature of XTRAIM is its reflex red-dot sight with thermal imaging technology, which offers dependable target de-camouflage capabilities both during the day and at night. It offers users an unmatched level of precision night-firing capabilities and is compatible with all shoulder-fired assault rifles (HK416) and light machine guns (Minimi). In both symmetric and asymmetric combat scenarios, the XTRAIM sight offers a clear operational advantage. In July 2020, BAE Systems., a UK-based international defense, aerospace and security company, acquired Raytheon Technologies Corporation for $1.9 billion. Through the acquisition of Raytheon Technologies Corporation, BAE Systems is expected to expand on the company's long history of offering exceptional, cutting-edge capabilities to assist and safeguard American and allied warfighters. Through this agreement, both businesses will be able to strengthen their market position and provide new discriminating capabilities to their clients, including the U.S. Department of Defense and its allies. Raytheon Technologies Corporation is a US-based manufacturer of missile defense systems, precision weapons and related defense systems. North America was the largest region in the ground defense system market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global ground defense system market report during the forecast period. The regions covered in the global ground defense system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the ground defense system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The ground defense system market consists of sales of armored vehicle protection, fire locator, counter-IEDand border and site protection. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The ground defense system market research report is one of a series of new reports from The Business Research Company that provides ground defense system market statistics, including ground defense system industry global market size, regional shares, competitors with ground defense system market share, detailed ground defense system market segments, market trends and opportunities and any further data you may need to thrive in the ground defense system industry. This ground defense system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

IoT in aerospace and defense refers to the use of Internet of Things solutions to increase operational efficiencies and product quality for various activities in the aerospace and defense sector. IoT in aerospace and defense. It improves overall flight safety and control to achieve maximum operating efficiency with features such as predictive maintenance, data analytics, and smart surveillance. The main IoT in aerospace & defense components are hardware, software, and services. Hardware involves the physical components and devices used to enable connectivity. It uses various connectivity technologies such as cellular, Wi-Fi, satellite communication, and radio frequency deployed in on-premise, and cloud. The various applications are fleet management, inventory management, equipment maintenance, security, and others used by space systems, ground vehicles, and others. The global IoT in the aerospace & defense market is segmented - 1) By Component: Hardware, Software, Services 2) By Connectivity Technology: Cellular, Wi-Fi, Satellite Communication, Radio Frequency 3) By Deployment Mode: On-Premise, Cloud 4) By Application: Fleet Management, Inventory Management, Equipment Maintenance, Security, Other Applications 5) By End User: Space Systems, Ground Vehicles, Other Users The global IoT in aerospace & defense market size is expected to grow from $42.08 billion in 2022 to $48.83 billion in 2023 at a compound annual growth rate (CAGR) of 16.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The global IoT in aerospace & defense market size is expected to reach $84.44 billion in 2027 at a CAGR of 14.7%. An increase in cyber-attacks on the aviation industry is expected to boost the growth of the IoT in the aerospace and defense market going forward. Cyberattacks refer to unwanted attempts to gain unauthorized access to computer systems to steal, expose, change, disable, or destroy information. IoT authentication in the aviation sector can guarantee the necessary cybersecurity security measures, thereby reducing the incidences of cyber-attacks. For Instance, in July 2021, according to a published report from European Air Traffic Management Computer Emergency Response Team (EATM-CERT), a Europe-based platform for civil-military aviation coordination, between 2019 and 2020, cyber-attacks reported to or recognized by the European Air Traffic Management Computer Emergency Response Team increased by 530%, with startling consequences across market segments. Further, aviation stakeholders around the globe confront ransomware attacks, with 62 cyber-attacks on global aviation actors detected or reported to EATM-CERT in 2020. Therefore, an increase in cyber-attacks on the aviation industry is driving the growth of the IoT in the aerospace and defense market. Major players in the IoT in aerospace & defense market are AeroVironment Inc., AT&T Intellectual Property, FreeWave Technologies Inc., General Atomics, Honeywell International Inc., Northrop Grumman, Elbit Systems Ltd., Prox Dynamics, Radisys, Textron Systems, Airbus, Boeing, BAE Systems, SAP SE, General Electric, and Bombardier. Product innovation is a key trend gaining popularity in the IoT in the aerospace and defense market. Major companies operating in the IoT in the aerospace and defense market are focusing on developing new products. For instance, in September 2021, EDJX, a US-based computing platform company, and Cubic Corporation a US-based technology solutions company jointly launched an Internet of Military Things Edge Platform. It is uniquely designed that combines the edge computing and networking technology from Cubic Corporation with EDJX EdjOS to create a converged infrastructure solution. Significant implications for IoT and cutting-edge AI solutions are also provided by this platform. The EDJX platform represents an enormous advancement in edge computing. It allows intelligent IoT and C2 application solutions to scale from base to battlefield, lowering cognitive lift while increasing operational tempo for military personnel. In December 2021, Vertex Aerospace a US-based aerospace company acquired Raytheon Technologies for an undisclosed amount. Through this acquisition, Vertex's value-added technology solutions and services, including defense and commercial training, mission-critical support options, and engineering and modernization capabilities, have been greatly expanded by this deal. Raytheon Technologies Corporation is a US-based aerospace and defense company that offers manufacturing and IoT solutions. North America was the largest region in the IoT in the Aerospace and Defense market in 2022. The regions covered in the global IoT in aerospace and defense market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the IoT in aerospace and defense market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The IoT in aerospace and defense market consists of revenues earned by entities by providing IoT-based solutions such as predicting aircraft failure, real-time mission-critical data sharing, improving vehicle maintenance, and safety applications. The market value includes the value of related goods sold by the service provider or included within the service offering. The IoT in aerospace and defense market also includes sales of climate control, wearable technology, and radio frequency identification are used in providing IoT-based solutions. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The IoT in aerospace & defense market research report is one of a series of new reports from The Business Research Company that provides IoT in aerospace & defense market statistics, including IoT in aerospace & defense industry global market size, regional shares, competitors with an IoT in aerospace & defense market share, detailed IoT in aerospace & defense market segments, market trends and opportunities, and any further data you may need to thrive in the IoT in aerospace & defense industry. This IoT in aerospace & defense market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Aerospace and defense PCB (Printed Circuit boards) are specialized circuit boards that are designed to be used in aerospace and defense applications. These PCBs are designed to meet the specific requirements and standards of the aerospace and defense industries. Aerospace and defense PCBs are used as flight control systems, communication systems, and navigation systems. The main aerospace & defense PCB types are single-sided, double-sided, and multilayer. A single-sided PCB is a type of PCB in which all components and traces are assembled on one side of the board. The various designs are rigid PCB, flexible PCB, rigid-flex PCB, and high-density interconnect that are used in various aircraft such as narrow-body aircraft, wide-body aircraft, regional aircraft, general aviation, helicopter, military aircraft, UAVs, and spacecraft. The various applications include radar installations, power supplies, power conversion, radio communication, lighting, engine control systems, and others. The global aerospace & defense PCB market is segmented - 1) By Type: Single Sided, Double Sided, Multilayer 2) By Design: Rigid PCB, Flexible PCB, Rigid-Flex PCB, High-Density Interconnect 3) By Aircraft: Narrow-body Aircraft, Wide-body Aircraft, Regional Aircraft, General Aviation, Helicopter, Military Aircraft, UAV, Spacecraft 4) By Application: Radar Installations, Power Supplies, Power Conversion, Radio Communication, Lighting, Engine Control Systems, Other Applications The global aerospace & defense PCB market size is expected to grow from $1.29 billion in 2022 to $1.32 billion in 2023 at a compound annual growth rate (CAGR) of 2.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global aerospace & defense PCB market size is expected to reach $1.49 billion in 2027 at a CAGR of 2.9%. The increasing demand for commercial and military UAVs is expected to propel the growth of the aerospace and defense PCB market going forward. Military unmanned aerial vehicles (UAVs), also known as military drones, are unmanned aerial vehicles designed and used by the military for a variety of purposes. These UAVs can be remotely piloted or fly autonomously using pre-programmed flight plans or artificial intelligence. Aerospace and defense PCBs are critical in the design and manufacture of military UAVs, allowing these advanced systems to operate safely and reliably in the most demanding environments and missions. For instance, in December 2022, according to Skykam Technical Inspections, a UK-based drone solutions company, the global drone market worth $43 billion in 2022, where personal drones are 94% of unit sales in the drone. Further, according to the Federal Aviation Administration, there were 855,860 registered drones in the United States in 2023 and Therefore, the increasing demand for commercial and military UAVs is driving the growth of the aerospace and defense PCB market going forward. Major players in the aerospace & defense PCB market are Epec Engineered Technologies LLC, Amitron Corporation, Corintech Ltd., Delta Circuits Inc., TTM Technologies Inc., Advanced Circuits, APCT Inc., SCHMID Group, Technotronix, Surface Mount Technology Centre Corporation, Sanmina Corporation, IEC Electronics Corporation, Firan Technology Group Corporation, Amphenol Printed Circuits Inc., and Unimicron Technology Corporation. Technological advancements are a key trend gaining popularity in the aerospace and defense PCB markets. Major companies operating in the aerospace and defense PCB market are adopting new technologies to sustain their position in the market. For instance, in June 2022, PCB Technologies Ltd., an Israel-based company that produces printed circuits and assembles electronic devices, launched the iNPACK for aerospace and defense PCBs. It is uniquely designed with cutting-edge technology that improves signal integrity and reduces unwanted inductance effects. It utilizing powerful components that improve functionality and embedded coins for heat dissipation. In December 2021, Latecoere, a France-based company that specializes in the production and marketing of structures for the aerospace industry, acquired Malaga Aerospace Defence and Electronic Systems for an undisclosed sum. Through this acquisition,, Latecoere will be able to better satisfy the same complete product requirements of its Electrical Wiring Interconnection Systems (EWIS) user base. Malaga Aerospace Defence and Electronic Systems is a Spain-based manufacturer of microelectronic devices for applications across defense, commercial aviation and industrial end markets focused on printed circuit boards. North America was the largest region in the aerospace & defense PCB market in 2022. Asia-pacific is expected to be the fastest-growing region in the global aerospace and defense PCB market report forecast period. The regions covered in the global aerospace and defense PCB market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the aerospace and defense PCB market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The aerospace and defense PCB market consists of sales of auxiliary power units for radar control systems, control tower systems, LED lighting systems, jet instrumentation, and jamming systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The aerospace & defense PCB market research report is one of a series of new reports from The Business Research Company that provides aerospace & defense PCB market statistics, including aerospace & defense PCB industry global market size, regional shares, competitors with an aerospace & defense PCB market share, detailed aerospace & defense PCB market segments, market trends and opportunities, and any further data you may need to thrive in the aerospace & defense PCB industry. This aerospace & defense PCB market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Aerospace and defense ducting is a specialized tubing or channel used for transferring air, gases, and liquids from one point to another point within an aircraft, spacecraft, or military vehicle. They play a crucial part in an aircraft's performance by dispersing air to guarantee adequate temperature regulation, ventilation, humidity control, and noise reduction. The main types of ducts used in aerospace and defense ducting include rigid, semi-rigid and flexible. A rigid duct refers to a duct having a fixed shape and is made up of materials like aluminum, stainless steel, or composite materials. They are produced using different material types such as titanium ducts, stainless steel ducts, nickel alloy ducts and composite ducts that are applied at high and low pressures for applications in commercial aircraft, regional aircraft, general aviation, helicopter and military aircraft. The global aerospace & defense ducting market is segmented - 1) By Duct Type: Rigid, Semi-Rigid, Flexible 2) By Material: Titanium Ducts, Stainless Steel Ducts, Nickel Alloy Ducts, Composite Ducts 3) By Pressure: High Pressure, Low Pressure 4) By Application: Commercial Aircraft, Regional Aircraft, General Aviation, Helicopter, Military Aircraft The global aerospace and defense ducting market size is expected to grow from $5.18 billion in 2022 to $5.40 billion in 2023 at a compound annual growth rate (CAGR) of 4.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The global aerospace and defense ducting market size is expected to reach $6.21 billion in 2027 at a CAGR of 3.6%. The rise in aircraft production is expected to propel the growth of the aerospace and defense ducting market going forward. The rise in aircraft production refers to an increase in the number of aircraft being manufactured. This shift is due to the growing demand for air travel, the need for the replacement of aging aircraft, and the introduction of new aircraft models. The aerospace and defense ducting helps in aircraft production by providing ducting tubes, channels, and ducting systems that enable ventilation, air conditioning, heating, and fuel transfer within an aircraft. For instance, in January 2023, according to an article published by Airbus SE, a Netherlands-based manufacturer and developer of aerospace services, solutions, and products, in 2022, the business delivered 661 commercial aircraft to 84 customers and received 1,078 gross new orders. Airbus had a backlog of 7,239 aircraft as of December 2022. In 2022, the company supplied 84 customers with 661 deliveries, an 8 percent increase over 2021. Therefore, the rise in the production of aircraft is driving the growth of the aerospace and defense ducting market. Major players in the aerospace and defense ducting market are Arrowhead Products, AIM Aerospace Inc., Eaton Corporation Plc., EnCore Aerospace, Senior plc, Exotic Metals Forming LLC, Meggitt PLC, Unison Industries LLC, GKN plc, Stelia Aerospace, ITT Aerospace, PFW Aerospace AG, Triumph Group, Zodiac Aerospace, and Saint-Gobain Performance Plastics. The development of in-house testing facilities is a key trend gaining popularity in the aerospace and defense ducting market. Companies operating in the aerospace and defense ducting market are focusing on developing in-house testing facilities to develop and test new ducting designs, evaluate their performance, and identify areas of improvement. For instance, in November 2022, Bellatrix Aerospace, an India-based aerospace and small satellite manufacturer, established a new facility to speed up prototype and model rollouts, supporting their testing lab incubated at the Indian Institute of Science. (IISc). The facility will be utilized for rapid prototyping and fabrication, allowing the company to release more models more quickly. It would supplement their existing lab at IISc, where they have previously tested all of their systems and technologies. In February 2020, TriMas a US-based aerospace products manufacturer acquired RSA Engineered Products LLC for an undisclosed amount. This acquisition broadens and enriches TriMas’s portfolio by adding highly engineered, complex, and proprietary aerospace and defense ducting products. RSA Engineered Products LLC is a US-based manufacturer of aircraft ducting, connectors, and converters for aerospace and defense application. North America was the largest region in the aerospace and defense ducting market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global aerospace and defense ducting market report during the forecast period. The regions covered in the global aerospace and defense ducting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the aerospace and defense ducting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The aerospace and defense ducting market consists of the sale of stainless-steel ducts, titanium ducts, alloy ducts, nickel ducts, and composite ducts. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The aerospace and defense ducting market research report is one of a series of new reports from The Business Research Company that provides aerospace and defense ducting optical components market statistics, including aerospace and defense ducting optical components industry global market size, regional shares, competitors with an aerospace and defense ducting optical components market share, detailed aerospace and defense ducting optical components market segments, market trends and opportunities, and any further data you may need to thrive in the aerospace and defense ducting optical components industry. This aerospace and defense ducting optical components market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

An air defense system refers to a system designed to neutralize or lessen the aerial threat posed by enemy manned aircraft, unmanned aerial vehicles (UAVs), smaller drones, and missiles to enhance national security. It is to detect, identify, and track potential threats and then engage and destroy them before they can cause potential damage. The main types of air defense systems are missile defense systems, anti-aircraft systems, counter rockets, and artillery, and mortar (C-RAM) systems. A missile defense system is a collection of technologies and strategies designed to detect, track, intercept, and destroy incoming missiles before they reach their intended targets and these systems can be ground-based, sea-based, or air-based, and they use a variety of methods to defend against different types of missiles, such as ballistic missiles, cruise missiles, and hypersonic missiles. Major components are weapon systems, fire control systems, command and control systems, and others that are used in short-range air defense systems, medium-range air defense systems, and long-range air defense systems and applied in land, naval, and airborne applications. The global air defense system market is segmented - 1) By Type: Missile Defense System, Anti-Aircraft System, Counter Rocket, Artillery And Mortar (C-RAM) System 2) By Component: Weapon System, Fire Control System, Command And Control System, Other Components 3) By Range: Short Range Air Defense System, Medium Range Air Defense System, Long Range Air Defense System 4) By Application: Land, Naval, Airborne The global air defense system market size is expected to grow from $29.49 billion in 2022 to $31.55 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global air defense system market size is expected to reach $40.71 billion in 2027 at a CAGR of 6.6%. The growing number of air-based threats is expected to propel the growth of the air defense system market going forward. Air threat refers to the whole risk that the enemy poses, specifically, the capacity to exploit vulnerabilities by using aerial threat vehicles and bombs. Air defense systems are used in air threats to detect, identify, and track potential threats and then engage and destroy them before they can cause potential damage. Over time, the air threat expanded to include attack helicopters, unmanned aerial vehicles (UAVs), cruise, and ballistic missiles due to the expansion of air power. For instance, in July 2021, according to the report published by the United Nations Assistance Mission in Afghanistan (UNAMA), a UN special political mission tasked with assisting the people of Afghanistan, the third most common reason for civilian casualties, accounting for 14% of all cases, were targeted killings and around 8% of civilian casualties were due to airstrikes carried out by the Afghan Air Force. The overall number of civilians killed and injured by airstrikes increased by 33% when compared to the first half of 2020. Therefore, the growing number of air-based threats is driving the growth of the air defense system market. Major players in the air defense system market are Lockheed Martin Corporation, BAE Systems Plc., Rheinmetall AG, Thales Group, Northrop Grumman Corporation, Hanwha Corporation, Leonardo S.P.A., L3Harris Technologies Inc., Saab AB, Israel Aerospace Industries, The Boeing Company, General Dynamics Corporation, Aselsan AS, Airbus Defence and Space, and Elbit Systems Ltd. The development of advanced weapon systems is the key trend gaining popularity in the air defense systems market. Major companies operating in the air defense market are focused on developing innovative products to strengthen their position in the market. For instance, in October 2022, MBDA, a France-based manufacturer of missile systems, introduced the VL MICA NG air defense system, a new generation anti-air missile. The new VL MICA NG system has enhanced handling capabilities for unconventional targets as well as emerging threats with decreasingly detectable infrared and radio frequency fingerprints. The conventional targets such as aircraft, helicopters, cruise missiles, and anti-ship missiles already covered by the present VL MICA system will also be able to be intercepted at greater ranges. In July 2020, BAE Systems Plc, a UK-based security, and aerospace company acquired Raytheon Technologies Corporation for an undisclosed amount. Through this acquisition, BAE Systems Plc aims to strengthen its technology for GPS that prevents jamming and spoofing that allows for dependable navigation and guiding for a variety of defense tasks. Raytheon Technologies Corporation is a US-based aerospace and defense company. North America was the largest region in the air defense system market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global air defense system market report during the forecast period. The regions covered in the global air defense system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the air defense system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The air defense systems market consists of sales of ground-based air defense systems, mobile ground-based air defense systems, man-portable air defense systems, and ballistic missile defense systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The air defense system market research report is one of a series of new reports from The Business Research Company that provides air defense system market statistics, including air defense system industry global market size, regional shares, competitors with an air defense systems market share, detailed air defense system market segments, market trends, and opportunities, and any further data you may need to thrive in the air defense system industry. This air defense systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.