Dublin, Aug. 24, 2023 (GLOBE NEWSWIRE) -- The "Airborne Weapon Delivery Systems: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Airborne Weapon Delivery Systems estimated at US$3.1 Billion in the year 2022, is projected to reach a revised size of US$6.5 Billion by 2030, growing at a CAGR of 9.4% over the analysis period 2022-2030.
Fixed-Wing Fighter Aircrafts, one of the segments analyzed in the report, is projected to record 8.8% CAGR and reach US$4.7 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Rotary Wing & UCAV segment is readjusted to a revised 11.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 11.4% CAGR
The Airborne Weapon Delivery Systems market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$961.3 Million by the year 2030 trailing a CAGR of 11.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.9% and 9.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9% CAGR.
Select Competitors (Total 43 Featured) -
- Airbus SE
- BAE Systems PLC
- Boeing Company
- CMC Electronics Inc.
- Elbit Systems Ltd.
- FN Herstal
- General Dynamics Mission Systems, Inc.
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Raytheon Company
- Rheinmetall AG
- SAAB AB
- Safran Electronics & Defense
- Ultra Electronics
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 233 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $3.1 Billion |
| Forecasted Market Value (USD) by 2030 | $6.5 Billion |
| Compound Annual Growth Rate | 9.7% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Airborne Weapon Delivery Systems - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of COVID-19 Pandemic and Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation
- As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?
- World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
- Pandemic Affects the Military & Defense Sector
- Global Defense & Related Technologies Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
- Disruptions in Military Training Inflicts Direct Blow on Airborne Weapon Delivery Systems Market
- Infection Spread Disrupts Military Personnel Training & Troop Deployment: Cumulative Number of COVID-19 Cases Across the Defense Department in the U.S. in May, June, September & November 2020
- An Introduction to Airborne Weapon Delivery Systems
- Global Market Prospects & Outlook
- Analysis by Segment
- World Airborne Weapon Delivery Systems Market by Segment (2021 & 2027): Percentage Breakdown of Sales for Fixed Wing Fighter Aircrafts, and Rotary Wing and UCAV
- Regional Analysis
- World Airborne Weapon Delivery Systems Market by Region: Percentage Breakdown of Sales for Developed and Developing Regions (2021 & 2027)
- World Airborne Weapon Delivery Systems Market - Geographic Regions Ranked by CAGR (Value) for 2020-2027: China, Asia-Pacific, Rest of World, Canada, USA, Europe, and Japan
- Competitive Scenario
- Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Growth in Global Market for Fixed Wing Fighter Aircraft: A Favorable Scenario for Airborne Weapon Delivery Systems
- Advancements in Airborne, Precision Weapon Technologies to Drive Growth
- Laser Weapons to Gain Traction
- Need for Offensive Tactical Airborne Laser-Based Weapons
- Escalating Global Arms Race Provides the Perfect Platform for Future Growth
- Defense Spending Levels Influence Growth in Airborne Weapon Delivery Systems Market
- Global Military Spending (in US$ Billion) for the Years 2015 through 2023F
- Top Countries with Military Spending in USD Billion: 2019 and 2020
- Geopolitical Conflicts & Quest for Military Supremacy Widen the Business Case
- Military Expenditure as a % of GDP in Select Countries: 2020
- Need to Upgrade Anti-Terrorism & Counter-Insurgency Departments to Drive Market Expansion
- Number of Terrorist Attacks Worldwide for the Period 2011-2019
- Global Number of Fatalities Due to Terrorist Attacks: 2012-2019
- Soldier Modernization Initiatives Augur Well for the Market Growth
- Global Soldier Modernization Market Size (in US$ Billion) for 2018, 2021, 2024 & 2027
- Rising Demand for Military UCAVs
- COVID-19 Crisis Impacts Military UCAV Spending in 2020
- Japan Defense Budgets: A Pre & Post COVID-19 Comparison (In US$ Billion)
- UK Defense Budget: A Pre & Post COVID-19 Comparison (In US$ Billion)
- Security Concerns to Drive Future Military UAV Deployments
- Rising Adoption of High Capability Unmanned Vehicles Favors Growth
- Global Market for Military Drones (In US$ Billion) for the Years 2018, 2020, 2022 and 2024
- UCAVs to Solidify Role in Border Security Programs Bodes Well
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/9gtkn9
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