Home / Aerospace & Defense / Military Embedded Systems Market
Military Embedded Systems Market Size, Share, and Russia-Ukraine War Impact Analysis, By Technology (Software and Hardware), By Application (Surveillance, Communication, Command and Control Systems, Data Storage, Intelligence, Avionics and Ammunition Systems, and Others), By Platform (Land, Air, Water, and Space), and Regional Forecast, 2024-2032
Report Format: PDF | Published Date: Ongoing | Report ID: FBI108209 | Status : UpcomingKey Market Insights:
The military embedded systems Industry is driven by national security concerns, which force countries to invest heavily in their military to get an edge over their competitors. Increasing annual budget for militaries around the world, setting up of new production sites, and emergence of new players in the market, are all factors driving the growth of the market.
Military embedded systems work with a combination of hardware and software. The software on board is used for the necessary data computation, while the hardware is used to complete the action intended. Embedded systems are designed according to the platform they will be employed in, i.e., surface, space, and others. Different application also require different combinations of software and hardware.
A major restraint for the market is the risk of security associated with these systems. Military embedded systems, when used, are detectable and are prone to cyber infiltration. The security of these systems poses a threat towards their application.
Impact of the Russia-Ukraine War on the Global Market:
The Russia-Ukraine war started on February 22, 2022 and has since then big military developments. Both the nations involved have been updating their military capabilities to get an edge on the battlefield. This has also proved beneficial for the global military embedded systems market. These systems are employed in various area in the military, from vehicles and aircrafts to missiles and surveillance devices. The increased demand for these equipment has seen a subsequent rise in the demand for such embedded systems. Other countries sending military aid to the countries at war has also created demand outside the European region. There is also acceleration in the development of the technology. Overall, the war between Russia and Ukraine has positively impacted the market.
The global military embedded systems market can be divided into three broad segments- by technology, by application, and by platform. Based on the technology, the market is bifurcated into software and hardware. Based on the application, the market is divided into surveillance, communication, command and control systems, data storage, intelligence, avionics and ammunition systems, and others. Based on the platform, the market is divided into land, air, water, and space. Based on the region, the market is divided into North America, Europe, Asia Pacific, Middle East & Africa, Latin America, and Rest of the World.
Key Insights:
The report will describe the following key insights:
- The report analyzes a detailed industry overview, including qualitative and quantitative information.
- The report analyzes an overview and forecast of the global military embedded systems market based on various segments.
- The report also analyzes comprehensive PEST analysis for all four regions, i.e. North America, Europe, Asia Pacific, and the Rest of the World, after evaluating economic, social, political, and technological factors affecting the global military embedded systems industry in these regions.
Regional Analysis:
North America is the dominant region in the market, particularly due to the U.S.’ expenditure on their military. Established independent parties are also present in the region, which adds to the regions hold on the current market scenario.
Asia Pacific is projected to grow into a bigger share of the market. Nations such China, India, South Korea, and others are increasing their military expenditures. Growing political tensions are also aiding the growth of the market. This is leading to the emergence of new players in the region, and boosting the research of the technology.
Key Players Covered:
The report includes the company profiles of key players such as:
- Curtis-Wright Corporation
- General Dynamics Corporation
- Thales Group
- BAE Systems
- KONTRON AG
- Advantech Co. Ltd.
- Xilinx Inc.
- SDK Embedded Systems
- NXP Semiconductors
- Intel Corporation
- Others
Military Embedded Systems Market Segmentation:
By Technology | By Application | By Platform | By Region |
|
|
|
|
Key Industry Developments:
- In April 2022, Elbit Systems of America announced partnership with Physical Sciences Inc. and Stanford University for the production of next-generation night vision for U.S.’ Warfighters. These will offer more capability in a smaller and lighter package.
- In August 2022, Curtiss-Wright Corporation announced that it had been awarded contracts worth USD 220 Million to provide advanced instrumentation, control systems, and other systems for the U.S Navy’s Virginia-Class nuclear powered submarine, Colombia-Class submarine, and Ford-Class aircraft carrier programs.
- Global
- 2023
- 2019-2022