Visiongain has published a new report entitled Military Embedded Systems Market Report 2024-2034: Forecasts by Component (Hardware, Software), by End user (Army, Navy, Air Force), by System (Avionics Systems, Land-Based Systems, Naval Systems, Space-Based Systems), by Processor (Single Board Computers (SBC), Microcontrollers (MCU), Digital Signal Processors (DSP), Field-Programmable Gate Arrays (FPGA), Other), by Application (Communication and Navigation Systems, Command and Control Systems, Surveillance and Reconnaissance Systems, Weapon Systems, Electronic Warfare and Countermeasures, Other) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern Analysis.
The global military embedded systems market was valued at US$1,964.0 million in 2023 and is projected to grow at a CAGR of 8.5% during the forecast period 2024-2034.
Growing Need for Situational Awareness
Military embedded systems enhance situational awareness by collecting and processing data from various sources, including sensors, satellites, and communication networks. These integrated systems provide military commanders with real-time insights into the battlefield, enabling informed decision-making. For example, embedded systems in military vehicles aggregate data from radar, GPS, and communication systems. This data fusion enables soldiers and commanders to assess the battlefield's dynamic conditions, identify threats, and formulate effective response strategies, thereby ensuring tactical superiority.
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How has COVID-19 had a significant negative impact on the Military Embedded Systems Market?
The COVID-19 pandemic had a notable impact on the global military embedded system market, affecting various aspects of the industry, from production and supply chain disruptions to shifts in defence spending priorities and operational requirements. The pandemic disrupted supply chains worldwide, leading to delays in the production and delivery of critical components and materials for military embedded systems. Lockdowns, travel restrictions, and factory closures affected the availability of essential electronic components, leading to challenges in meeting production schedules.
Like many industries, the military embedded system sector had to adapt to remote work arrangements to ensure continuity during the pandemic. While this transition was manageable for certain administrative functions, it posed challenges for hardware design, testing, and collaboration on classified projects that require secure and controlled environments.
Some countries faced economic challenges due to the pandemic, which led to shifts in defence budgets and priorities. Governments had to allocate resources to address healthcare and economic needs, potentially impacting defence spending. However, defence remains a critical priority for most nations, and investments in military technology, including embedded systems, continued.
The pandemic highlighted the importance of resilient and adaptable military systems. There was an increased emphasis on the need for embedded systems that could support remote and autonomous operations, reducing the reliance on personnel in high-risk environments. This shift may have accelerated the development of unmanned and autonomous military technologies.
How will this Report Benefit you?
Visiongain’s 437-page report provides 132 tables and 224 charts/graphs. Our new study is suitable for anyone requiring commercial, in-depth analyses for the global military embedded systems market, along with detailed segment analysis in the market. Our new study will help you evaluate the overall global and regional market for military embedded systems. Get financial analysis of the overall market and different segments including component, end-user, system, processor, and application and capture higher market share. We believe that there are strong opportunities in this fast-growing military embedded systems market. See how to use the existing and upcoming opportunities in this market to gain revenue benefits in the near future. Moreover, the report will help you to improve your strategic decision-making, allowing you to frame growth strategies, reinforce the analysis of other market players, and maximise the productivity of the company.
What are the Current Market Drivers?
Shift towards Multifunctional Systems
Modern military embedded systems emphasize multifunctionality, integrating diverse capabilities into a single platform. These integrated systems offer functionalities such as communication, navigation, electronic warfare, and sensor fusion within a compact design. For example, multifunctional embedded systems in military aircraft combine radar, communication, and electronic countermeasure capabilities. This integration optimizes space utilization, reduces logistical complexities, and enhances overall operational flexibility, allowing military forces to adapt swiftly to changing mission requirements.
Enhanced Battlefield Communication
Military embedded systems play a pivotal role in enhancing communication on the battlefield. Soldier-worn communication devices with embedded systems facilitate secure voice and data communication between military units. For example, embedded systems in tactical radios enable encrypted communication, ensuring confidentiality and preventing interception by adversaries. Real-time communication enhances coordination, allowing soldiers and commanders to share critical information swiftly. Embedded systems enable precise communication even in challenging environments, ensuring that military units can effectively respond to dynamic and unpredictable battlefield situations.
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Where are the Market Opportunities?
Development of EW Systems with Enhanced Capabilities
The development of Electronic Warfare (EW) systems with enhanced capabilities presents significant opportunities for market growth in the military embedded systems sector. As modern conflicts become increasingly complex and reliant on advanced technologies, the need for sophisticated EW systems has grown exponentially. These systems play a critical role in disrupting and countering enemy communications, radar systems, and electronic sensors.
Opportunities in this space arise from the demand for innovative military embedded solutions that can support more robust and agile EW systems. Companies can focus on designing embedded systems that integrate cutting-edge signal processing, jamming, and countermeasures capabilities. Additionally, there is a growing requirement for embedded systems that can adapt to rapidly evolving electronic threats, offering the potential for long-term partnerships and contracts with defence agencies seeking to bolster their electronic defence capabilities.
The Militarization of Space is a Growing Trend, Leading to Opportunities for Embedded Systems Designed for Satellite Communication, Navigation, and Surveillance Applications
The militarization of space presents compelling opportunities for companies specializing in embedded systems designed for satellite communication, navigation, and surveillance applications. With an increasing number of nations investing in space-based assets for defence and intelligence purposes, there is a growing demand for robust, space-hardened embedded systems.
Opportunities in this sector encompass the development of specialized embedded systems that can operate reliably in the harsh environment of space. These systems must withstand extreme radiation, temperature fluctuations, and vacuum conditions while maintaining their critical functions. Companies that excel in creating space-qualified hardware and software solutions can secure contracts for satellite communication, Earth observation, and navigation systems.
Competitive Landscape
The major players operating in the military embedded systems market are BAE Systems PLC, Curtiss-Wright Corporation, Elbit Systems Ltd., GE Aerospace, General Dynamics Corporation, Honeywell International Inc., L3Harris Technologies, Inc., Leonardo S.p.A., Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Saab AB, TE Connectivity Ltd., Thales Group, Viasat, . These major players operating in this market have adopted various strategies comprising M&A, investment in R&D, collaborations, partnerships, regional business expansion, and new product launch.
Recent Developments
- 02 Sept 2023, BAE Systems released the Armoured Multi-Purpose Vehicle (AMPV) to the international market. The AMPV is a next-generation combat vehicle that is designed to be flexible, versatile, and agile. It is equipped with a variety of advanced military embedded systems, including networking and other future technologies.
- 04 Aug 2023, BAE Systems announced the release of its new Amphibious Combat Vehicle (ACV) embedded system, which features a modular design and open architecture for increased flexibility and scalability.
- 26 July 2023, Northrop Grumman released the new Scalable Agile Beam Radar (SABR). The SABR is a lightweight radar system that is designed to be integrated into a variety of military platforms, including aircraft, ships, and ground vehicles. It is designed to provide superior detection and tracking performance in a variety of environments.
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To find more Visiongain research reports on the defence sector, click on the following links:
- Military Communications & COTS Market Report 2023-2033
- C4ISR Market Report 2023-2033
- Military Electro-Optical and Infrared (EO/IR) Systems Market Report 2022-2032
- Military ADS-B Receiver Market Report 2022-2032
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