The Defense Electronics Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Defense Electronics Market?
The market size of defense electronics has experienced robust growth lately. It is projected to increase from $231.84 billion in 2024 to $245.82 billion in 2025, with a compound annual growth rate (CAGR) of 6.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Defense Electronics Industry?
The global defense electronics market is projected to grow to a size of $305.52 billion by the year 2029. This market is expected to grow at a compound annual growth rate (CAGR) of 5.6%.
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What are the Key Growth Drivers Fueling the Defense Electronics Market?
The key drivers in the defense electronics market are:
• High focus on the integration of emerging technologies
• Increasing attention towards cyber resilience
• Growing dependence on unmanned systems and autonomous technologies
• Shift towards operations in the electromagnetic spectrum
Global Market Segmentation: Identifying Major Defense Electronics Industry Segments
The defense electronics market covered in this report is segmented –
1) By Component: Hardware, Software, Services
2) By Equipment Type: C4ISR Systems, Weapon Systems, Electro-Optical And Infrared (EO Or IR) Systems, Military Simulators, Radar Systems, Sonar Systems, Avionics, Electronic Warfare, Other Equipment Type
3) By Platform: Airborne, Marine, Land, Space
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What are the Emerging Trends Shaping the Future of the Defense Electronics Market?
The key trends in the defense electronics market are:
• The integration of emerging technologies is shaping the future of the defense electronics market.
• Focus on cyber resilience and autonomous technologies is a significant trend.
• The interconnected battlefield, and shift towards electromagnetic spectrum operations are emerging trends.
• Development of next-generation radar systems, GaN technology, unmanned systems electronics, cognitive electronic warfare systems, and miniaturization and swap optimization are the major upcoming trends.
Who Are the Top Competitors & Leading Players in the Defense Electronics Market?
The major players in the defense electronics market are:
• Raytheon Technologies Corporation
• The Boeing Company
• Lockheed Martin Corporation
• General Dynamics Corporation
• Mitsubishi Electric Corporation
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Regional Dominance: Which Area Leads the Global Defense Electronics Market?
North America was the largest region in the defense electronics market in 2024
