Missile Defense System Global Market Report 2023 – By Technology (Fire Control System, Weapon System, Countermeasure System, Command And Control System), By Domain (Ground, Air, Marine, Space), By Range (Short, Medium, Long) By Threat Type (Subsonic Missiles, Supersonic Missiles, Hypersonic Missiles) – Market Size, Trends, And Global Forecast 2023-2032

The defense refers to a range activities including production of air-based, sea-based, and land-based military equipment, including support and auxiliary equipment such as radar, satellites, sonars, and other auxiliary equipment, or maintain, repair, and overhaul defense equipment. The main defense types are air-based defense equipment, sea-based defense equipment, land-based defense equipment, defense equipment maintenance, repair, and overhaul services, defense support, and auxiliary equipment. Air-based defense equipment includes support and auxiliary equipment for air-based defense, such as radar, satellites, sonar, and other auxiliary equipment. The various operations include autonomous defense equipment, manuals and involve various platforms such as airborne, land, and naval. The global defense market is segmented - 1) By Type: Air based Defense Equipment, Sea based Defense Equipment, Land based Defense Equipment, Defense Equipment Maintenance, Repair and Overhauling Services, Defense Support and Auxiliary Equipment 2) By Operation: Autonomous Defense Equipment, Manual 3) By Platform: Airborne, Land, Naval Subsegments Covered: Fighter Aircrafts, Military Helicopters, Military Gliders and Drones, Battle Force Ships (Aircraft Carriers, Frigates, Destroyers, Corvettes, Torpedo Boats, Support crafts), Submarines (including Nuclear Submarines), Armored Vehicles, Missiles, Tanks, Small Arms and Light Weapons, Air based Defense Equipment MRO Services, Water based Defense Equipment MRO Services, Land based Defense Equipment MRO Services, Military Radars, Military Satellites, Other Defense Support and Auxiliary Equipment The global defense market size will grow from $534.79 billion in 2022 to $577.19 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of defense is expected to grow to $718.12 billion in 2027 at a CAGR of 5.6%. The adoption of unmanned combat vehicles is one of the major trends in this market. An unmanned combat vehicle is a machine or motorized vehicle that runs without any physical human intervention. These vehicles have a set of sensors for 360-degree situational awareness and for optical avoidance, steering actuators, brakes, and laser scanners, along with other autonomous features enabling remote or autonomous functioning of the vehicle. It is mostly used to inspect the surroundings and transfer the information to the operator through teleoperation or make autonomous decisions to deal with situations involving several technical challenges. For instance, in January 2020, the U.S. Army awarded contracts for the development of robotic combat vehicles (RCV-M). It is an unmanned robotic teleoperation combat vehicle with an onboard 20-to 50-millimeter automatic cannon. It can fight alongside infantry and destroy enemy armored personnel carriers, trucks, and troops. Major companies in the defense market include Lockheed Martin Corporation, Raytheon Technologies Corporation, The Boeing Company, Raytheon Co, Northrop Grumman Corp, Bae Systems plc, Airbus Group SE, Leonardo SpA, Thales group, and General Dynamics. Corner shot weapons are increasingly becoming popular due to the safety features they offer. A corner shot is a specialized weapon accessory, essentially a hinged chassis installed on a pistol such as a Glock, a handgun, or a Beretta 92. The hinge chassis allows the gun’s frame to bend around the corner and attack the target without exposing the soldiers. It is also equipped with a bore-sighted, high-resolution video camera, an LCD monitor, and a built-in tactical light for navigation and illumination. The corner shot rifles or guns are widely used in battlefields, inside armored vehicles and tanks, on a turret up top, which will allow for a full 360-degree field of cover while the triggerman remains safely inside the vehicle. The weapon is accurate and effective up to 100 to 200 meters, depending on the type of weapon. Companies in the air-based defense equipment manufacturing market are increasingly investing in the development of autonomous fighter jets. Autonomous fighter jets are jets that do not require human pilots to fly and can fly for longer periods of time. Autonomous jets are equipped with sensors to scan for potential threats and process more information at a given time. These jets are well equipped to collect intelligence about the enemy, block the electronic systems of enemy aircraft, and shoot down other threats in the air. Following the trend, in October 2021, Northrop Grumman Corporation, a US-based aerospace and defense technology company, developed a new autonomous aircraft called the Model 437, a stealth jet with a range of 3,000 miles that was created in partnership with Scaled Composites. The Scaled Composites-developed Model 401 Sierra, a low-cost manufacturing technology demonstrator aircraft, serves as the foundation for the Model 437. Asia-Pacific was the largest region in the defense market in 2022. Western Europe is expected to be the fastest growing region in the forecast period. The regions covered in the defense market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the defense market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The defense market consists of sales of air-based, sea-based, and land-based defense equipment such as military aircraft, helicopter, satellites, and radars, as well as support services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The defense market research report is one of a series of new reports from The Business Research Company that provides defense market statistics, including defense industry global market size, regional shares, competitors with a defense market share, detailed defense market segments, market trends and opportunities, and any further data you may need to thrive in the defense industry. This defense market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The defense support and auxiliary equipment refer to support and auxiliary equipment used for defense operations, including equipment such as sonars. The defense support and auxiliary equipment include all mobile and fixed systems required to support the operation of the primary defense systems. The main types of defense support and auxiliary equipment are military radars, military satellites, and other defense support, and auxiliary equipment. Military satellites are man-made satellites that are used for military purposes. Navigation, intelligence gathering, and military communications are the most prevalent missions. The different types of payloads include communication payloads, navigation payloads, imaging payloads, and others and are used in several applications such as intelligence, surveillance, and reconnaissance (ISR), communication, and navigation. The global defense support and auxiliary equipment market is segmented - 1) By Type: Military Radars, Military Satellites, Other Defense Support and Auxiliary Equipment 2) By Payload Type: Communication Payload, Navigation Payload, Imaging Payload, Others 3) By Application: Intelligence, Surveillance, and Reconnaissance (Isr), Communication, Navigation Subsegments Covered: Continuous Waveform, Pulse Waveform, Large Satellite, Mini Satellite, Micro Satellite, Nano Satellite The global defense support and auxiliary equipment market size will grow from $146.97 billion in 2022 to $157.55 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. 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%. Rapid advances in wireless technology and miniaturization (which refers to designing smaller components for equipment) are expected to drive innovation in the defense market, thus driving the market during the forecast period. Furthermore, technologies such as 3D printing, artificial intelligence, and big data analytics are being used during the manufacturing process, resulting in higher productivity, lower operating costs, and higher margins. Lower operating costs lead to higher margins. This allows companies to expand production and increase product portfolios, thus driving the growth of the defense support and auxiliary equipment market. Major companies in the defense support and auxiliary equipment market include Raytheon Technologies Corporation, Raytheon Co, Thales group, The Boeing Company, Leidos, Leonardo SpA, ManTech International Corp., L3 Technologies Inc., Rostec State Corporation, and Bae Systems plc. The use of passive radars is gaining traction in the market due to its advantages across a wide range of defense and civil applications and cost-effectiveness. Passive radars support imaging and tracking capabilities by utilizing existing electromagnetic signals from the atmosphere, whereas regular/active radars send electromagnetic signals to the target and receive reflected signals from the target. Passive radars use ambient radio signals for tracking and surveillance and are less expensive to operate. Some of the examples of passive radar systems are Silent Sentry by Lockheed Martin, Celldar by Roke Manor Research Limited, and Homeland Alerter 100 by Thales Group. North America was the largest region in defense support and auxiliary equipment market in 2022. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the defense support and auxiliary equipment market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the defense support and auxiliary equipment market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The defense support and auxiliary equipment market consists of sales of defense support and auxiliary equipment such as radars, and satellites. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The defense support and auxiliary equipment market research report is one of a series of new reports from The Business Research Company that provides defense support and auxiliary equipment market statistics, including defense support and auxiliary equipment industry global market size, regional shares, competitors with a defense support and auxiliary equipment market share, detailed defense support and auxiliary equipment market segments, market trends and opportunities, and any further data you may need to thrive in the defense support and auxiliary equipment industry. This defense support and auxiliary equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The defense equipment maintenance, repair, and overhauling services refer to providing MRO services to all kinds of air, sea, and land-based defense equipment, including fighter aircraft, and military helicopters. The main types of defense equipment maintenance, repair, and overhaul services are air-based defense equipment MRO services; water-based defense equipment MRO services; and land-based defense equipment MRO services. Air-based defense equipment includes support and auxiliary equipment for air-based defense, such as radar, satellites, sonar, and other auxiliary equipment. The services are used for an annual maintenance contract, individual projects, and others. The different sectors include commercial aviation, business, general aviation, military aviation, and others. The global defense equipment maintenance, repair and overhauling services market is segmented - 1) By Type: Air based Defense Equipment MRO Services, Water based Defense Equipment MRO Services, Land based Defense Equipment MRO Services 2) By Service Type: Annual Maintainance Contract, Individual Works, Others 3) By End User: Commercial Aviation, Business And General Aviation, Military Aviation, Others The global defense equipment maintenance, repair and overhauling services market size will grow from $78.1 billion in 2022 to $83.74 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of defense equipment maintenance, repair and overhauling services is expected to grow to $101.51 billion in 2027 at a CAGR of 4.9%. During the forecast period, developed countries will experience low interest rates as monetary authorities reduce interest rates to stimulate economic growth and prevent deflation. This led to the flow of cheap money for investment in these economies. Low interest rates encouraged borrowing for investment and helped drive spending. For instance, For instance, in March 2020, the Bank of England, a UK-based central bank, reduced interest rates to 0.1%, the lowest level ever, as a measure of protest against COVID-19. Low interest rates will boost the growth of the defense equipment maintenance, repair, and overhauling services market in the forecast period. Major companies in the defense equipment maintenance, repair, and overhauling services market include The Boeing Company; Lockheed Martin Corporation; Raytheon Co; Northrop Grumman Corp; Safran SA; Rolls-Royce Holdings plc; Raytheon Technologies Corporation; General Dynamics; Hindustan Aeronautics ltd; Huntington Ingalls industries. Inadequate defense infrastructure that can hardly accommodate defense aircraft or tanks in under-developed countries will be a restraint on the market. This can be attributed to low investments in some countries in the aerospace industry. For instance, in March 2023, The Department Of Defense of the US requested a budget of $773 billion to reinforce defense infrastructure and higher pay scale of military personnel, which negatively affected the region's defense equipment maintenance, repair, and overhauling services market. Defense equipment maintenance, repair, and overhauling companies are investing in 3D printing or additive manufacturing technologies to offer replacement parts for tanks, ships, and fighter jets. 3D printing involves producing three-dimensional objects using a computer-aided design model. The application of 3D printing is to create functional components, including prototypes, tooling, and end-use production parts. Additive manufacturing, or 3D printing, helps in the cost-effective production of small batches of intricate parts and complex part designs that need to be repaired, upgraded, and effectively maintained. The technology provides a high degree of design freedom, optimization and integration of functional features, and product customization. For instance, in September, the UK’s Ministry of Defence (MOD) announced the launch of Project TAMPA, an experimental new £5 million program to develop 3D-printed parts for weapons and other military equipment on demand. In order to reduce lengthy lead times for defense inventory, MOD wants to be able to share print files over secure defense networks and quickly produce parts using additive manufacturing (AM), or 3D printing. North America was the largest region in the defense equipment maintenance, repair and overhauling services market in 2022. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the defense equipment maintenance, repair and overhauling services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the defense equipment maintenance, repair and overhauling services market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The defense equipment maintenance, repair, and overhauling services market consists of revenues earned by entities by providing defense equipment maintenance, repair, and overhauling services to defense equipment and components such as battleships, submarines, armored vehicles, missiles, and rocket launchers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The defense equipment maintenance, repair, and overhauling services market research report is one of a series of new reports from The Business Research Company that provides defense equipment maintenance, repair, and overhauling services market statistics, including defense equipment maintenance, repair, and overhauling services industry global market size, regional shares, competitors with a defense equipment maintenance, repair, and overhauling services market share, detailed defense equipment maintenance, repair, and overhauling services market segments, market trends and opportunities, and any further data you may need to thrive in the defense equipment maintenance, repair, repair, repair, and overhauling services industry. This defense equipment maintenance, repair, and overhauling services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

A missile is a guided airborne ranged weapon designed to deliver an explosive warhead at high speed with great accuracy. The components of missiles include the targeting system, guidance system, flight system, engine, and warhead. The main product types in the missile market are cruise missiles and ballistic missiles. A cruise missile is a guided missile used against terrestrial targets that stays in the atmosphere and travels the majority of its flight path at a constant speed. Cruise missiles are built to deliver a large warhead over long distances with pinpoint accuracy. The various ranges of missiles include short-range missiles, medium-range missiles, and intermediate-range missiles, and the types of propulsion used are ramjets, scramjets, turbojets, liquid propulsion, solid propulsion, and hybrid propulsion. The missiles are used in defence and homeland security. The global missiles market is segmented - 1) By Product Type: Cruise Missiles, Ballistic Missiles 2) By Range: Short Range Missile, Medium Range Missile, Intermediate Range Missile 3) By Propulsion Type: Ramjet, Scramjet, Turbojet, Liquid Propulsion, Solid Propulsion, Hybrid Propulsion 4) By Application: Defense, Homeland Security The global missiles market size will grow from $28.84 billion in 2022 to $31.42 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global missiles is expected to reach $40.2 billion by 2027, growing at a 6.4% CAGR. Increased defence spending is expected to fuel the growth of the missile market. Countries around the world are investing in defence to protect their territories. For instance, in April 2022, according to the Stockholm International Peace Research Institute (SIPRI), a Sweden-based international research institute on arms control, arms transfers, and non-proliferation, total global military spending was expected to increase by 0.7% in real terms to $2113 billion. This was the seventh straight year that spending increased. Military R&D funding in the United States increased by 24% between 2012 and 2021, while China, the world's second-largest spender, allocated an estimated $293 billion to its military in 2021, a 4.7% increase over 2020. China's military spending has increased for the past 27 years. Therefore, increased defence spending drives the growth of the missile market. Major players in the missiles market are BAE Systems, Lockheed Martin Corporation, Raytheon Technologies, Northrop Grumman Corporation, Boeing, Tactical Missiles Corporation, Aerojet Rocketdyne, Rafael Advanced Defense Systems Ltd., Avibras Industrial Aerospecial SA, Israel Aerospace Industries, China Aerospace Science and Technology Corporation, and General Dynamic. Artificial intelligence is a key trend gaining popularity in the missiles market. Countries across the world are designing artificial intelligence missiles to hit targets that humans cannot reach. Artificial intelligence gives missiles the potential to strike moving targets and also provides greater accuracy than other technologies. For instance, in July 2021, Rafael Advanced Defense Systems Ltd., an Israel-based defense technology company, unveiled its new Sea Breaker maritime and land-based long-range missile, a fifth-generation weapon system that combines artificial intelligence and decision-making algorithms. Up to 300 km away, Sea Breaker can deliver surgical, pinpoint precision strikes. It has an advanced IIR (imaging infrared) seeker that makes it perfect for engagements with stationary or moving maritime and land targets in advanced Anti Access/Area Denial (A2/AD) arenas, as well as in littoral or brown water, including archipelagos, as well as for engagements where earlier RF-seeker-based missiles are ineffective. In April 2020, United Technologies, a US-based company that provides equipment and services to the aerospace and building industries, acquired Raytheon Company. Through this acquisition, both companies have become part of Raytheon Technologies with the aim of combining strengths and capabilities that make them distinctively armed to support our customers and partners in this unprecedented period. It also intends to introduce cutting-edge technologies at an accelerated rate across high-value sectors such as hypersonics, targeted energy, avionics, and cybersecurity. Raytheon Company, a US-based expert in aerospace and defense technologies, for an undisclosed amount. Asia-Pacific was the largest region in the missiles market in 2022. Western Europe is expected to be the fastest-growing region in the global missiles market report during the forecast period. The regions covered in the global missiles industry analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the missiles market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The missiles market consists of sales of guided missiles or rockets to deliver an explosive warhead with precision at high speed. Values in this missiles market are factory gate values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The missiles market research report is one of a series of new reports from The Business Research Company that provides missiles market statistics, including missiles industry global market size, regional shares, competitors with a missiles market share, detailed missiles market segments, market trends and opportunities, and any further data you may need to thrive in the missiles industry. This missiles market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Aviation and defense cyber security refers to highly reliant and progressively interconnected cybersecurity that encompasses the protection of information in the form of digital data and information associated with networks, websites, services, computers, and portals that transport and enable security. The aviation and defense cyber security is used to prevent or mitigate the effects of a cyberattack. Aviation relies heavily on cyber-enabled technologies to improve the safety and efficiency of air travel. The main types of components in aviation and defense cyber security are solutions and services. The solution refers to tools and services that help to protect administrations against cyberattacks, which may result in application downtime, theft of sensitive data, and other hostile consequences. It is deployed in on-cloud and on-premises models. The global aviation and defense cyber security market is segmented - 1) By Component: Solution, Service 2) By Deployment: On-Cloud, On-Premise The global aviation and defense cyber security market size grew from $66.21 billion in 2022 to $75.53 billion in 2023 at a compound annual growth rate (CAGR) of 14.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the aviation and defense cyber security is expected to grow to $119.66 billion in 2027 at a CAGR of 12.2%. Rising cyber-attacks in the aircraft industry are expected to propel the growth of the aviation and defense cyber security market going forward. The emergence of digital or connected airplanes, as well as the internet of things in airports, introduces new hazards and risks of cyber-attacks, which can be prevented with cyber security. For instance, according to The European Organization for the Safety of Air Navigation, an international organization working to achieve safe and seamless air traffic management across Europe, there was a 530% rise in cyber-attacks between 2019 and 2020, with 775 cyber-attacks against airlines. Therefore, the rising cyber-attacks in the aircraft industry are driving the demand for the growth of the aviation and defense cyber security market. Major players in the aviation and defense cyber security market are International Business Machines Corporation (IBM), Honeywell International Inc., Cisco Systems Inc., Thales Group, SITA, The Raytheon Company, BAE Systems PLC, Lockheed Martin Corporation, Harris Corporation, Northrop Grumman Corporation, Dovetail Dental Software, Envista Holdings, Patterson Dental Supply Inc., Gaargle Solutions Inc., NXGN Management LLC, and Computer Sciences Corporation. Product innovations have emerged as the key trend gaining popularity in the aviation and defense cyber security market. Major companies operating in the aviation and defense cyber security market are focused on developing advanced products to strengthen their market position. For instance, in October 2022, BAE Systems, a UK-based aerospace, defense and security company, unveiled the Viper Memory Loader Verifier II (MLV II), an updated model of a cutting-edge maintenance tool that will lessen the vulnerability of F-16 aircraft to cyberattacks. The cyber-hardened aircraft mission capabilities in this new product version will have an open system architecture that lowers lifecycle costs. In addition to the flight-critical ability to load and verify software onto the aircraft, the Viper MLV II supports mission data file loads, flight and fault data downloading, and third-party application software. In July 2021, SITA, a Switzerland-based air transport communications, and information technology company acquired Safety Line S.A.S for an undisclosed amount. The acquisition would make it possible for SITA to expand its digital day of operations portfolio, which enables airlines to increase aircraft efficiency and fuel savings while taking immediate and long-term efforts to lower their carbon footprint. Safety line S.A.S is a Paris-based start-up specializing in digital solutions for aviation safety and efficiency. North America was the largest region in the aviation and defense cyber security market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aviation and defense cyber security market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the aviation and defense cyber security market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The aviation and defense cyber security market consists of sales of logistics and network security. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The aviation and defense cyber security market research report is one of a series of new reports from The Business Research Company that provides aviation and defense cyber security market statistics, including aviation and defense cyber security industry global market size, regional shares, competitors with an aviation and defense cyber security market share, detailed aviation and defense cyber security market segments, market trends and opportunities, and any further data you may need to thrive in the aviation and defense cyber security industry. This anomaly detection market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Aerospace and defense telemetry refers to the collection of statistical data from remote locations and sending it to receiving equipment for monitoring, recording, and analysis. The aerospace and defense telemetry are used in complex systems such as missiles, RPVs, spacecraft, oil rigs, and chemical plants. This helps in automatic monitoring, alerting, and record-keeping necessary for efficient and safe operation. The main types of aerospace and defense telemetry markets are radio and satellite. Radio telemetry is used to locate and track and determine location by using radio signals, which are made up of invisible and silent electromagnetic waves. Radio telemetry is a technique for tracking animal movement and behavior. This method employs radio signal transmission to locate a transmitter attached to the animal of interest. The various types of equipment include data acquisition units, telemetry transmitters, and flight terminator receivers. The several types of components include control devices, displays, recorders, sensors, and transmitters that are used in aircraft, spacecraft, unmanned aerial vehicles (UAVs), and other applications. The global aerospace and defense telemetry market is segmented – 1) By Type: Radio, Satellite 2) By Equipment: Data Acquisition Unit, Telemetry Transmitters, Flight Terminator Receivers 3) By Component: Control device, Display, Recorder, Sensors, Transmitter 4) By Application: Aircraft, Spacecraft, Unmanned Aerial Vehicle (UAVs), Others Applications The global aerospace and defense telemetry market size grew from $6.82 billion in 2022 to $7.34 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global aerospace and defense telemetry is expected to grow to $9.5 billion in 2027 at a CAGR of 6.7%. Increasing the defense budget of countries is significantly contributing to the growth of the aerospace and defense telemetry market going forward. The defense budget refers to the amount spent by governments on upgrading their defense mechanisms. The increase in defense budgets will increase the purchasing and upgrading of aerospace and defense telemetry, which play a prominent role in the transformation of information in defense. For instance, according to the 2021 Stockholm International Peace Research Institute (SIPRI) report, a Sweden-based non-profit organization that provides data for armament and arms control, in 2020 world military expenditure reached USD 1,981 billion, which was 2.6% higher when compared to 2019. Therefore, the increasing defense budget is driving the growth of the aerospace and defense market. Major players in the aerospace and defense telemetry market are BAE Systems, Lockheed Martin Corporation, L3 Technologies, Safran Spa, Cobham PLC, Honeywell Corporation, Thales Group, Orbit Communications Systems, Dassault Aviation, Curtiss-Wright Corporation, Raytheon Technologies, AstroNova Inc., Leonardo Corporation, General Dynamics, and Northrop Grumman Corporation. Technological advancements have emerged as a key trend gaining popularity in the aerospace and defense telemetry markets. Major companies operating in the aerospace and defense telemetry sectors are focused on developing new technologies to sustain their position in the market. For instance, in February 2021, Dynatrace, a US-based technology company, launched v1.0 of the OpenTelemetry specification based on Dynatrace’s distributed tracing technology, which helps in supporting traces and metrics. This helps in ensuring a smooth transition from OpenTracing and OpenCensus. In August 2021, Delta Information Systems a US-based manufacturer of high-quality aerospace telemetry products for Flight tests, Missile tests, and Range Safety acquired Wideband Systems for an undisclosed amount. With this acquisition, Delta Information Systems expands its business into a world-class leader in ground-based aerospace recorders. the Wideband product lines. Wideband Systems is a US-based designer and manufacturer of sophisticated recording instruments for aerospace, communications, and intelligence. North America was the largest region in the aerospace and defense telemetry market in 2022. Middle East and Africa are expected to be the fastest-growing regions in the aerospace and defense telemetry market share during the forecast period. The regions covered in the aerospace and defense telemetry market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the aerospace and defense telemetry market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The aerospace and defense telemetry market consists of sales of aerospace and defense telemetry that are used in projectiles. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The aerospace and defense telemetry market research report is one of a series of new reports from The Business Research Company that provides aerospace and defense telemetry market statistics, including aerospace and defense telemetry industry global market size, regional shares, competitors with an aerospace and defense telemetry market share, detailed aerospace and defense telemetry market segments, market trends and opportunities, and any further data you may need to thrive in the aerospace and defense telemetry industry. This aerospace and defense telemetry market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Unmanned defense aerial vehicle refers to drones and aircraft with no onboard humans that are guided autonomously, used in defense operations. UAVs carry sensors, target designators, aircraft ordnance such as ATGMs, missiles, bombs, or electronic transmitters that are designed to destroy enemy targets in defense applications. The main types of UAV in unmanned defense aerial vehicles are multi-rotor, single rotor, fixed-wing, and fixed-wing hybrid VTOL. A fixed-wing drone is a plane that doesn't have a human pilot on board. Fixed-wing UAVs can be commanded remotely by a human or autonomously by onboard systems. The different ranges include a visual line of sight (VLOS), extended visual line of sight (EVLOS), and beyond the line of sight (BLOS) and involve various technologies such as remotely operated, semi-autonomous, and fully autonomous. The global unmanned defense aerial vehicle market is segmented - 1) By UAV Type: Multi Rotor, Single Rotor, Fixed Wing, Fixed Wing Hybrid VTOL 2) By Range: Visual Line of Sight (VLOS), Extended Visual Line of Sight (EVLOS), Beyond Line of Sight (BLOS) 3) By Technology: Remotely Operated, Semi-Autonomous, Fully-Autonomous The global unmanned defense aerial vehicle market size will grow from $13.09 billion in 2022 to $14.02 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global unmanned defense aerial vehicle is expected to grow to $17.68 billion in 2027 at a CAGR of 6.0%. Increasing spending on defense for unmanned technologies is predicted to contribute to the growth of the unmanned defense aerial vehicle market during the forecast period. According to National Defense India’s Business Technology Magazine published in January 2020, global spending on unmanned aerial vehicles is projected to witness major expansion owing to growing military investments over the coming decade. The defense sector across the globe is set to invest $98 billion in new strike capabilities and intelligence-gathering applications. Moreover, US defense procurement is expected to ramp up from $2.5 billion in 2020 to approximately $3.3 billion by the end of 2030. Thus, the increasing spending on R&D by the defense sector on unmanned technologies is anticipated to propel the revenues for the unmanned defense aerial vehicles market over the forthcoming years. Major players in the unmanned defense aerial vehicle market are Boeing, BAE Systems, PLC., DJI, Elbit Systems, General Atomics, Israel Aerospace Industries, Northrop Grumman, Textron, and AeroVironment. The stringent regulations imposed by the government on the use of unmanned defense aerial vehicles are projected to limit the growth of the market during the period. The governments of various countries are implementing various regulations associated with the use of unmanned aerial vehicles (UAVs). According to the Library of Congress’ Regulation of Drones report, the new regulation imposed by the government of Canada on UAVs provides a classification for unmanned aerial vehicles on the basis of the risks involved in their use. The operations of UAVs weighing 25 kg, or more are subject to licensing requirements. Similarly, the Federal Aviation Administration (FAA) imposed restrictions on unmanned vehicles to fly below 400 feet within the lateral boundaries of US military facilities, and violation of this rule is subject to enforcement action, which includes civil penalties and criminal charges. Therefore, the government regulations associated with the usage of UAVs are expected to act as a major factor hampering the growth of the unmanned defense aerial vehicle market during the forecast period. The business expansion by key players operating in the industry is a leading trend in the unmanned defense aerial vehicle market. For instance, in June 2022, Garuda Aerospace, an India-based developer of unmanned aerial vehicles, announced that it has partnered with HiiLSE Drones, a company based in Malaysia, to build a 2.42-hectare drone factory there with a daily production capacity of about 50 drones. Garuda Aerospace intends to provide drone technologies to both the government and private sectors throughout the region and is anticipated to invest Rs 115 crore in the partnership Hence, the business expansions by leading players are shaping the unmanned defense aerial vehicle market. In January 2022, ILUS International Inc., a US-based public merger and acquisition investment company acquired Vira Drones for an undisclosed amount. With the acquisition, ILUS aims to incorporate Vira Drones technology into its current and future emergency response solutions as well as those of other upcoming acquisitions. Vira Drones is a Switzerland-based developer and manufacturer of unmanned aerial vehicles (UAV). Asia-Pacific was the largest region in unmanned defense aerial vehicle market in 2022. Western Europe is expected to be the fastest-growing region in the global unmanned defense aerial vehicle market during the forecast period. The regions covered in the global unmanned defense aerial vehicle market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the unmanned defense aerial vehicle market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The unmanned defense aerial vehicle market consists of sales of remotely piloted and unpiloted aerial vehicles for defense purposes such as carry weapons, mapping, communication, and destroy targets. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The unmanned defense aerial vehicle market research report is one of a series of new reports from The Business Research Company that provides unmanned defense aerial vehicle market statistics, including unmanned defense aerial vehicle industry global market size, regional shares, competitors with an unmanned defense aerial vehicle market share, detailed unmanned defense aerial vehicle market segments, market trends and opportunities, and any further data you may need to thrive in the unmanned defense aerial vehicle industry. This unmanned defense aerial vehicle market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Aerospace is the design and manufacture of aircraft, rockets, missiles, and spacecrafts that operate in the space. Defense equipment refers to weapons, arms and equipment that are used for military purposes. The main aerospace and defense types are aerospace and defense. The aerospace industry consists of companies involved in developing prototypes and the manufacturing or assembling of complete aircraft and aircraft parts for commercial purposes. The aircraft are operated through autonomous and manual modes. The different components include weapon systems, fire control systems, command and control systems, and others. The global aerospace and defense market is segmented - 1) By Type: Aerospace, Defense 2)By Operation: Autonomous, Manual 3) By Component: Weapon System, Fire Control System, Command and Control System, Others Subsegments Covered: Commercial Aircraft, Aircraft Maintenance, Repair and Overhauling Services, Aerospace Support and Auxiliary Equipment, Air based Defense Equipment, Sea based Defense Equipment, Land based Defense Equipment, Defense Equipment Maintenance, Repair and Overhauling Services, Defense Support and Auxiliary Equipment The global aerospace & defense market size will grow from $795.92 billion in 2022 to $855.62 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of aerospace & defense is expected to grow to $1076.56 billion in 2027 at a CAGR of 5.9%. During the forecast period, developed countries will experience low interest rates as monetary authorities are reducing interest rates to stimulate economic growth and prevent deflation. This led to the flow of cheap money for investment in these economies. Low interest rates encouraged borrowing for investment and helped drive spending. For instance, in March 2020, the Bank of England, a UK-based central bank, reduced interest rates to 0.1%, the lowest level ever, as a measure of protest against COVID-19. Major countries that had low-interest rates in the historic period included the USA, Germany, and Japan. Low interest rates will boost the growth of the aerospace and defense markets in the forecast period. Major companies in the aerospace & defense market include Airbus Group SE, Raytheon Technologies Corporation, The Boeing Company, Lockheed Martin Corporation, Raytheon Co, Northrop Grumman Corp, Bae Systems plc, General Dynamics, General Electric Company, and Safran SA. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the aerospace and defense market in 2020 as supply chains were disrupted due to trade restrictions and manufacturing was affected due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Defense equipment manufacturers depend on the supply of raw materials and parts from different countries across the globe. As many governments restricted the movement of goods across countries, manufacturers had to halt production due to a lack of parts and raw materials. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the aerospace & defense market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. 8K video capture technology is being integrated with drones to enhance the picture and video quality captured by these aircraft. 8K technology offers greater horizontal display resolution and offers images that show more details than standard HD. 8K cameras integrated with drones offer higher precision and provide high-resolution footage in autonomous flights. For instance, Autel is offering its EVO series of drones with 8K cameras. North America was the largest region in aerospace & defense market in 2022. North America is expected to be the fastest growing region in the forecast period. The regions covered in the aerospace and defense market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the aerospace & defense market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The aerospace and defense market consists of sales of aircraft, aircraft components, weapons, artillery tanks, and radar equipment for aerospace and defense purposes. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The aerospace and defense market research report is one of a series of new reports from The Business Research Company that provides aerospace and defense market statistics, including aerospace and defense industry global market size, regional shares, competitors with an aerospace and defense market share, detailed aerospace and defense market segments, market trends and opportunities, and any further data you may need to thrive in the aerospace and defense industry. This aerospace and defense market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.