Military Embedded Systems Market is Expected to Progress at a CAGR of 8.1% by 2032 | FMI

The military embedded systems market is expected to develop at an 8.1% CAGR from 2022 to 2032, from USD 1.6 Billion in 2022 to USD 3.6 Billion by 2032. The demand for military embedded systems is driven by an increase in the use of multi-core technology, an increase in demand for commercial off-the-shelf hardware, and an increase in the deployment of electronic warfare systems.

The high cost of military-embedded systems, on the other hand, is restricting the expansion of the military embedded systems market. The sales of military embedded systems are predicted to grow as cloud computing, network-centric warfare systems, and wireless technologies open up new doors in the sector.

Request for a Sample of this Research Report:
https://www.futuremarketinsights.com/reports/sample/rep-gb-14588

The demand for military embedded systems is rising as multi-core technology enables designers to adapt to future hardware requirements while staying under budget limits. Due to the widespread usage of multi-core technology in electronic warfare systems, the sales of military embedded systems are predicted to grow.

Furthermore, due to the increased military embedded systems market, the military embedded systems market is expected to rise rapidly during the forecast period. In addition, the defense sector has recently seen a surge in demand for cloud computing technology.

The rise in portable devices with embedded systems, technological advancements, electronic warfare, network-centric warfare, and wireless technologies will all contribute to increased demand for military embedded systems in the coming years. Every country is now attempting to strengthen its defense and military by incorporating sophisticated technologies, which will play a significant role in the growth of the global military embedded systems market revenue.

In 2019, the U.S. Naval Research Laboratory granted Abaco Systems Inc. (an open architecture and electronic system manufacturing business based in Alabama, U.S.) a contract of 24 million dollars for the development of a high-performance embedded system for electronic warfare.

Electronic jamming capabilities will be provided by an embedded electronic warfare system. The demand for military embedded systems will be driven by such embedded computer system R&D to develop electronic warfare capabilities.

With a projected CAGR of 7.6% by 2032, the United States is expected to overtake other regions as the market leader for military embedded systems. With a predicted CAGR of 7.8% by 2032, Intelligence, Surveillance & Reconnaissance is expected to dominate the military embedded systems market.

Request for Customization:
https://www.futuremarketinsights.com/customization-available/rep-gb-14588

Key Takeaways from the Military Embedded Systems Market Report:

  • From 2022 to 2032, the blade server segment is expected to lead the military embedded systems market in terms of server architecture. Due to the increasing deployment of modern blade servers, this sector is projected to lead the military embedded systems market.
  • According to the platform, the land segment is predicted to lead the industry with a CAGR of 7.8% during the forecast period.
  • With a CAGR of 7.8%, the intelligence, surveillance, and reconnaissance (ISR) segment is predicted to lead the military embedded systems market in terms of application.
  • The U.S. is predicted to lead the military embedded systems market with a CAGR of 7.6% during the forecast period. Increased investments in defense equipment and fighting capabilities, as well as the installation of network-centric infrastructure, are likely to propel market growth in the U.S.
  • The United States and Canada are the two largest countries in this region, with the United States leading the military embedded systems market in North America. The United States is a technologically advanced country with enormous potential for military electronics investment. North America is the primary distribution center for technologically advanced applications. The United States is a technologically advanced country with large investment potential in embedded system technologies. Market expansion in this region was aided by increased investments in next-generation communication technology and integrated warfare capabilities.

Leading Key Players:

  • Mercury Systems, Inc.
  • Curtiss-Wright Corporation
  • Advantech Co., Ltd.
  • SMART Embedded Computing
  • Kontron AG

Recent Developments:

  • Abaco Systems unveiled its new 3U CompactPCI Robust Single Board Computer in April 2020, built for a wide range of demanding applications in defense, aerospace, industrial, and commercial areas where rugged reliability in hostile environments is critical. The IMP3B CompactPCI is small in size, weight, and power consumption (SWaP). CompactPCI’s military embedded systems market share has grown as a result of the new 3U CompactPCI boards, which are utilized for demanding military applications (such as ISR, C2, weapon and fire control, and avionics).
  • Kontron AG expanded its modular open systems architecture product range with a new VX305H-40G 3U OpenVPX single-board computer module in February 2020. This module’s advanced processing and networking capabilities will be useful for defensive sensor platforms.
  • Kontron AG inked a distribution deal with Mouser Electronics in February 2020 for its computer-on-modules (COMs), including COM Express modules based on the Intel Atom E3900 series, Pentium processor N4200, and Celeron processor N3350.
  • Elma Electronic (Switzerland) collaborated with Curtiss-(US) Wright’s defense solutions business in January 2019 to improve a 3U OpenVPX convergence development platform aimed to support the C4ISR CMOSS.
  • Mercury Systems, Inc. spent USD 15 million in October 2019 to grow its bespoke microelectronics business, offering cutting-edge commercial silicon technology to the USA Department of Defense (DoD). This advancement will assist the firm in establishing a strong footprint in chipset technology integration and rapid customization, both of which are excellent for next-generation edge processing applications.

A Full Report on Market:
https://www.futuremarketinsights.com/checkout/14588

Military Embedded Systems Market Segmentation:

By Component:

  • Hardware
    • Processor
    • Memory
    • Converter
    • Graphical Processing Unit (GPU)
    • Others
  • Software

By Application:

  • Radar
  • Command & Control
  • Avionics
  • Electronic Warfare
  • Communication & Navigation
  • Weapon Fire Control System
  • Others

By Platform:

  • Land
  • Marine
  • Space
  • Airborne

By Technology:

  • Mist Computing
  • Fog Computing
  • Edge Computing

By Services:

  • Design, test & certification
  • Deployment
  • Renewal
  • Seamless life cycle support

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogs | YouTube

About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like these