Defense Support And Auxiliary Equipment Market Key Insights 2023-2032: Growth Rate, Trends And Opportunities
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company’s Defense Support And Auxiliary Equipment Global Market Report 2023 offers crucial insights into the defense support and auxiliary equipment market help businesses analyse and build stronger strategies.
Five Key insights from the forecast include:
- Market Size – The global defense support and auxiliary equipment market size is expected to grow from $146.97 billion in 2022 to $157.55 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%. The market size of defense support and auxiliary equipment is expected to grow to $191.88 billion in 2027 at a CAGR of 5.1%.
Anticipated innovation in the defense market is set to be propelled by swift wireless technology advancements and miniaturization developments in equipment components during the forecast period.
- Key Trend – Passive radar’s rising popularity in the market can be attributed to its cost-effectiveness and broad applicability in both defense and civil uses. These radars utilize existing atmospheric electromagnetic signals for imaging and tracking, contrasting with active radars that emit and receive reflected signals from targets.
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- Largest Region – North America was the largest region in defense support and auxiliary equipment market in 2022.
- Major Players – Major companies in the defense support and auxiliary equipment market include Raytheon Technologies Corporation, Raytheon Co, Thales group, The Boeing Company, Leidos.
- Top Market Segments –
- By Type: Military Radars, Military Satellites, Other Defense Support and Auxiliary Equipment
- By Payload Type: Communication Payload, Navigation Payload, Imaging Payload, Others
- By Application: Intelligence, Surveillance, and Reconnaissance (Isr), Communication, Navigation
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global defense support and auxiliary equipment market in 2021.
Read The Full Defense Support And Auxiliary Equipment Market Report Here:
The Defense Support And Auxiliary Equipment Global Market Report 2023 provides a comprehensive outlook of the defense support and auxiliary equipment market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The defense support and auxiliary equipment market forecast offers a thorough analysis on defense support and auxiliary equipment market size, defense support and auxiliary equipment market share, prominent players and their strategies.
Defense support and auxiliary equipment encompass items like sonars and both mobile and stationary systems that are essential for supporting primary defense systems in military operations.
The Table Of Content For The Defense Support And Auxiliary Equipment Market Include:
1. Defense Support And Auxiliary Equipment Market Executive Summary
2. Defense Support And Auxiliary Equipment Market Segments
3. Defense Support And Auxiliary Equipment Market Size And Defense Support And Auxiliary Equipment Market Growth Rate
4. Key Defense Support And Auxiliary Equipment Market Trends
5. Major Defense Support And Auxiliary Equipment Market Drivers
……
25. Key Mergers And Acquisitions In The Defense Support And Auxiliary Equipment Market
26. Top Defense Support And Auxiliary Equipment Companies
27. Defense Support And Auxiliary Equipment Market Opportunities And Strategies
28. Defense Support And Auxiliary Equipment Market, Conclusions And Recommendations
29. Appendix
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