Global Military & Aerospace Electronics Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Application;

Electronic systems for military aviation, Electronic systems for ground forces, Military satellite systems, Military portable electronic systems, Electronic security systems and Combat electronic systems.

By Type;

Electronic warfare, Guidance & fire control systems, Communication systems and Detection and surveillance systems.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn445968668 Published Date: December, 2024 Updated Date: January, 2025

Introduction

Global Military & Aerospace Electronics Market (USD Million), 2020 - 2030

In the year 2023, the Global Military & Aerospace Electronics Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%.

The global military and aerospace electronics market stands at the forefront of technological innovation and strategic defense capabilities, driving advancements that shape the future of global security and aerospace exploration. This dynamic market segment encompasses a wide array of electronic systems and components specifically designed to meet the stringent requirements of military operations and aerospace applications.

From advanced communication systems and radar technologies to navigation instruments and mission-critical avionics, military and aerospace electronics play a pivotal role in enhancing situational awareness, operational efficiency, and mission success across defense forces and space agencies worldwide. These electronic solutions not only enable precision-guided weaponry and secure communications but also facilitate the integration of unmanned aerial vehicles (UAVs) and satellite systems, expanding capabilities in surveillance, reconnaissance, and intelligence gathering.

The market is characterized by continuous innovation driven by the dual imperatives of technological superiority and operational resilience in challenging environments. As defense budgets increase globally and the demand for unmanned systems and space exploration grows, the military and aerospace electronics sector is poised for substantial growth and evolution.

This introduction sets the stage for exploring the diverse facets of the global military and aerospace electronics market, highlighting its critical role in advancing defense capabilities, expanding space exploration initiatives, and shaping the future of global security and aerospace technology.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By Type
    3. Market Snapshot, By Region
  4. Global Military & Aerospace Electronics Market Trends
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Defense modernization programs
        2. Increased military spending
        3. Growing demand for UAVs and drones
        4. Space exploration initiatives
      2. Restraints
        1. Stringent regulatory requirements
        2. High development costs
        3. Supply chain disruptions
        4. Cybersecurity concerns
      3. Opportunities
        1. Expansion of satellite communication networks
        2. Advancements in unmanned systems and autonomous technologies
        3. Growth in defense electronics for cybersecurity
        4. Increasing demand for electronic warfare systems
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Military & Aerospace Electronics Market, By Application, 2020 - 2030 (USD Million)
      1. Electronic systems for military aviation
      2. Electronic systems for ground forces
      3. Military satellite systems
      4. Military portable electronic systems
      5. Electronic security systems
      6. Combat electronic systems
    2. Global Military & Aerospace Electronics Market, By Type, 2020 - 2030 (USD Million)
      1. Electronic warfare
      2. Guidance & fire control systems
      3. Communication systems
      4. Detection and surveillance systems
    3. Global Military & Aerospace Electronics Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. JTAG Technologies
      2. Airbus SAS
      3. Siemens AG
      4. Rockwell Collins
      5. AeroVironment, Inc
      6. BAE Systems Plc
      7. Textron Inc.
      8. Thales Group
  7. Analyst Views
  8. Future Outlook of the Market