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Experience what our solutions have to offer with free access to highlights of our data, insights and analysis.
From start-ups to market leaders, access critical company intelligence on a global scale
From industry deep dives to global trends, access authoritative research from our experts
Uncover your next opportunity with trusted data & insights that cut across industries
Discover the disruptive forces shaping tomorrow's world, today
Explore our diverse collection of unique datasets and find the advantage you need
Get clarity into the latest emerging themes with our reports
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.
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?
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