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Ground Defense System Market Size Worth USD 68.28 Billion By 2027 | CAGR of 4.8%: Emergen Research

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Emergen Research

26 Oct, 2020, 17:00 GMT

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- The increasing emphasis on battlefield technology upgrade and extensive rise in investment in defense & foreign intelligence are major factors influencing the market growth.

- Market Size – USD 46.57 billion in 2019, Market Growth - CAGR of 4.8%, Market Trends – Higher usage of Artificial Intelligence in defense intelligence agencies 

VANCOUVER, BC, Oct. 26, 2020 /PRNewswire/ -- The Global Ground Defense System Market is forecasted to be worth USD 68.28 billion by 2027, according to a current analysis by Emergen Research. The key factors influencing the market include increasing usage of battlefield intelligence, rising demand for cybersecurity in military & defense intelligence involving the data breaches from the confidential governing bodies, rising threats & tensions in asymmetric warfare, and growing investment in the defense bodies & foreign intelligence platforms, among others.

Besides, tremendous emphasis on the common operating picture (COP) of the ground defense & military operations, and higher capabilities of information dominance, battlefield awareness, and decision advantages of the next generation machinery & information technology pertaining to surveillance & reconnaissance, cybersecurity & data warfare especially, are the crucial reasons behind the enormous growth of this market.

The global landscape of the Ground Defense System market is expected to be highly competitive and fragmented, consisting of a number of both small start-ups & medium enterprises and large conglomerates. During the projected era, increasing demand for technological development and higher diversification in offered products ensure the enormous potential for innovative players.

Request free sample of this research report at: https://www.emergenresearch.com/request-sample/272

Key findings from the report suggest

  • In May 2020, BAE Systems announced the completion of the acquisition of the business of Airborne Tactical Radios of Raytheon Technologies Corporation. This acquisition will help deliver game-changing electronic mission and control solutions for their customers.
  • The Defense Intelligence is growing with the fastest CAGR of 6.3% throughout the projected period owing to its higher incorporation of intelligence protocols, including nextgen communication, surveillance, reconnaissance, information fusion & data analytics, electronic welfare & spectrum dominance, and cyber control systems, among others.
  • The regions in the Asia Pacific, led by China, India, Japan, and South & North Korea, are allotting a considerable budget for their defense grooming purposes. Besides, the growing incidences of interpersonal stand-offs, and asymmetric welfare, along with higher economic development and enhancement in the technological industry, substantially help propel the ground defense market enforcement.
  • Key players in the market are The Boeing Company, BAE Systems, Lockheed Martin, Rockwell Collins, Elbit Systems, Northrop Grumman, Thales Group, Leonardo S.p.A., Raytheon Company, and General Dynamics, among others.

To get leading market solutions, visit the link below: 

https://www.emergenresearch.com/industry-report/ground-defense-system-market

For the purpose of this report, Emergen Research has segmented the Global Ground Defense System Market based on Application, End-User, Component, Technology, and Region:

  • Application Outlook (Revenue: USD Billion; 2017-2027)
    • Logistics & Transportation
    • Surveillance & Reconnaissance
    • Cyber Security
    • Explosive Ordinance Disposal (EOD)
    • Intelligence & Data Warfare
    • Combat Simulation, Training & Health Monitoring
    • Others
  • End-User Outlook (Revenue: USD Billion; 2017-2027)
    • Military
    • Defense Intelligence
    • Law Enforcement
  • Component Outlook (Revenue: USD Billion; 2017-2027)
    • Product
      1. Modern Weapon
      2. Armored Fighting Vehicle
      3.Command and Control System
      4. Military Unmanned Ground Vehicle
      5. Satellite
      6. Armored and Unmanned Ground Vehicle
      7. Soldier Equipment
      8. Unmanned Aerial Vehicle (UAV)
      9. Smart Clothing
      10. Vision and Surveillance
      11. RFID
      12. Communication Devices
      13. Others
    • Services
      1. Artificial Intelligence
      2. Cyber Security
      3. Data Transfer Protocol
      4. Others
  • Technology Outlook (Revenue: USD Billion; 2017-2027)
    • Artificial Intelligence
    • 3D Printing
    • Internet of Things
    • Wearable Devices
    • Others

Order Now: https://www.emergenresearch.com/select-license/272

  • Regional Outlook (Revenue: USD Billion; 2017-2027)
    • North America
      1. U.S.
      2. Canada
    • Europe
      1. Russia
      2. U.K.
      3. Germany
      4. France
      5. BENELUX
    • Asia Pacific
      1. China
      2. Japan
      3. South Korea
      4. North Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. Israel
      4. Rest of MEA

Find more similar research insights by Emergen Research:

Battlefield Management Systems Market By Application (Computing System, Navigation, Communication, Logistics & Transportation, Surveillance & Reconnaissance, Cyber Security, Explosive Ordinance Disposal, Intelligence & Data Warfare, Combat Simulation, Training & Health Monitoring), By Platform (Land, Airborne, Naval, Joint, Space), By Component (Products, Services), Technology (Artificial Intelligence, 3D Printing, IoT, Wearable Devices), and Regions Forecasts to 2027

Anti-Drone Market By Type (Laser Systems, Electronic Systems, Kinetic Systems, Others), By Application (Defense, Homeland Security), By End-Users (Marine-based, Land Vehicles, Airborne, Commercial), By Product (Detection, Detection & Disruption), By Power (Up To 100 KW, More Than 100KW), By Range (Up To 100 Meters, More Than 100 Meters) and Regions Forecasts to 2027

Command and Control Systems Market By Application (Military Commands, Homeland Security & Cyber Protection, Government Critical Infrastructure, Commercial Commands), By Platform (Land, Airborne, Naval, Joint, Space), By Component (Products, Services), End Users (Army, Air force, Navy, Defense Intelligence, Commercial Services), and Regions Forecasts to 2027

Agricultural Robots Market By Offering (Software, Hardware, Services), By Type (Driverless Tractors, UAVs, Milking Robots), By Application (Dairy Management, Soil Management, Animal management, Crop Management), Forecasts to 2027

Precision Irrigation Market By Type (Sprinkler Irrigation, Drip Irrigation), By Application (Agricultural, Non-Agricultural), Forecasts to 2027

About Emergen Research

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

With market-leading insights and an in-depth understanding of leading and niche technologies, our solutions address the most pertinent questions for your business needs. A major technological shift has been witnessed towards creating a 'Circular Economy,' fuelled by factors, such as the increased adoption of bio-based materials, along with other methods for achieving carbon neutrality. We are conversant in technologies, viz., Artificial Intelligence (AI), Augmented Reality (AR), Virtual Reality (VR), Robotic Process Automation (RPA), Smart Manufacturing, Internet of Things (IoT), Big Data Analytics, Machine learning, Nanotechnology, Edge Computing, Blockchain Technology, Cloud Computing, Vehicle Electrification, Advanced Maintenance Analytics, and Predictive Maintenance, among other prevalent and emergent technologies.

Contact Us:

Eric Lee
Corporate Sales Specialist
Emergen Research | Web: https://www.emergenresearch.com
Direct Line: +1-(604)-757-9756
E-mail: sales@emergenresearch.com

Read full Press Release at: https://www.emergenresearch.com/press-release/global-ground-defense-system-market

Logo: https://mma.prnewswire.com/media/1252126/Emergen_Research_Logo.jpg

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