GlobalData

Military Aerospace

Military Aerospace Report

Advanced sensor-based systems are the focus of key players in avionics

Avionics are systems that enhance the capability of military aircrafts including communication, navigation, and weapons. As warfare becomes more complex; Intelligence, Surveillance, and Reconnaissance (ISR) activities require a higher level of intelligence, forcing key defence spenders to invest in technology.

GlobalData explores the avionics market in this report and forecasts the upcoming trends, as well as key investment areas in this sector over the next 10 years. The market is set for growth from $29.0bn in 2018 to $39.9bn in 2028, showing a CAGR of 3.24%. Strengthen your understanding and make the most of this projected growth in the next 10 years.

Military Aerospace - Avionics
  • What you will discover...
  • Surveillance detection, mission systems, communication, display systems, and navigation and control will all be explored.
  • North America, Asia-Pacific, and Europe look to be the dominating entities in the avionics market, how will your business compare?
  • Pilots need a steady flow of information for both offensive and defensive systems, which will drive avionics development. Use this data to get ahead of your competition.

Keep ahead in Military Avionics...

This report is aimed to help you identify key areas of investment in the avionics sector and take advantage of comprehensive predictive data. Use key analysis to understand the unmet needs of the avionics sector and strategize for success in the field.

The surveillance and detection sector will take the bulk of the market share at 56.5%, leaving mission systems and communications with 28.5% and 6.2%, respectively.

Companies mentioned in this report include:

Northrop Grumman, Leonardo, Raytheon ,BAE Systems, Beoing, Airbus and many more. Is your company mentioned?

Join hundreds of successful companies today and channelize your resources to focus on ongoing programs in the avionics sector.

Dominate this industry and stand out from the crowd with your savvy business ideas.

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