Defense Electronic Market Size and Share Forecast Outlook From 2024 to 2034

The Defense Electronic Market size is estimated to garner a valuation of USD 178 billion in 2024. The adoption of defense electronic is likely to rise at a CAGR of 5.8% through 2034.

Heightened geopolitical tensions and security threats drive the demand for advanced defense electronics. Countries seek to enhance their military capabilities, leading to increased investments in cutting-edge electronic warfare systems, communication devices, and surveillance equipment.

The defense electronic industry is projected to reach USD 311.5 billion by 2034. Many countries are undertaking military modernization initiatives to upgrade their defense capabilities with state-of-the-art electronic systems.

This includes the procurement of advanced radar systems, missile defense systems, unmanned aerial vehicles (UAVs), and electronic countermeasure (ECM) systems.

Demand Analysis of the Defense Electronic

  • The overall increase in defense spending by governments globally contributes to the demand for defense electronics. Countries allocate significant budgets for defense procurement programs, including electronic warfare systems, surveillance technologies, and command and control systems, driving market growth.
  • Governments are investing in modernizing their defense forces, which includes upgrading existing equipment and incorporating advanced electronic systems. This drives the demand for state-of-the-art defense electronics such as radars, communication systems, electronic warfare systems, and surveillance equipment.
  • Defense electronics often have dual-use applications, serving both military and civilian purposes. Companies leverage advancements made in the commercial electronics sector and adapt them for defense applications, driving innovation and cost-effectiveness.
Attributes Details
Defense Electronic Market Value for 2024 USD 178 billion
Defense Electronic Market Value for 2034 USD 311.5 billion
Defense Electronic Market Forecast CAGR for 2024 to 2034 5.8%

Comparison of Historical vs Future Outlook on Changing Consumer Trends for Defense Electronic Industry

Historical CAGR 7.5%
Forecast CAGR 5.8%

The historical performance of the defense electronic market has been characterized by a steady CAGR of 7.5%, reflecting strong demand for advanced electronic systems and equipment in the defense sector. However, the forecasted CAGR of 5.8% indicates a slight decrease in growth rate compared to previous years.

  • The defense electronic market has witnessed significant technological advancements, leading to a saturation point where incremental innovations yield diminishing returns.
  • Many governments and defense agencies are facing budget constraints and fiscal pressures, leading to reduced defense spending in some regions. This has directly impacted the demand for defense electronic systems and equipment, resulting in a lower growth rate for the market.

Top Defense Electronic Market Dynamics and Industry Trends

Shift Towards Digitization and Network-Centric Warfare

Defense electronics are evolving towards digitization and network-centric warfare paradigms, where interconnected systems facilitate real-time data sharing and decision-making on the battlefield.

This trend drives the adoption of advanced sensors, communication systems, and command-and-control technologies to enhance situational awareness and operational effectiveness.

Increased Emphasis on Cybersecurity

With the growing threat of cyberattacks, there is a heightened focus on cybersecurity measures within defense electronic systems. This includes the integration of robust encryption algorithms, intrusion detection systems, and secure communication protocols to safeguard sensitive data and prevent unauthorized access to military networks and assets.

Demand for Autonomous and Unmanned Systems

The demand for autonomous and unmanned systems in defense operations is driving innovation in defense electronics. These systems leverage technologies such as artificial intelligence, machine learning, and autonomous navigation to perform various tasks autonomously, ranging from surveillance and reconnaissance to logistics and combat missions.

Integration of Multi-Domain Capabilities

Modern defense electronic systems are designed to operate across multiple domains, including land, sea, air, space, and cyberspace. This integration of multi-domain capabilities enables seamless coordination and interoperability among different branches of the military, enhancing overall operational efficiency and mission success.

Defense Electronic Industry Analysis by Top Investment Segments

This section provides detailed insights into specific categories in the defense electronic industry. The navigation, communication, and display vertical segment emerge as a top contender, witnessing sustained growth at a slightly decreased rate.

Similarly, the airborne platform segment shows promising growth prospects, indicating a rise in demand for defense electronic systems in aerial applications.

Navigation, Communication, and Display Turns into a Top Vertical Segment in 2024

Top Vertical Navigation, Communication, and Display
CAGR % 2019 to 2023 7.3%
CAGR % 2024 to 2034 5.6%

The navigation, communication, and display segment is anticipated to record a rise in demand with a CAGR of 5.6% through 2034.

  • Advancements in navigation systems, secure communication technologies, and high-resolution displays are crucial for enhanced situational awareness and decision-making on the battlefield.
  • Integration with C4ISR (Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance) systems fosters real-time information sharing and coordinated operations.
  • NCD plays a pivotal role in enabling the effective operation of autonomous vehicles, drones, and other unmanned systems.
  • Growing threats necessitate robust cybersecurity measures within NCD systems to ensure data integrity and system resilience.

Airborne to Take a Lead in Platforms Segment in 2024

Top Platforms Airborne
CAGR % 2019 to 2023 7.1%
CAGR % 2024 to 2034 5.4%

The airborne segment to register a steady CAGR of 5.4% through 2034.

  • Continued reliance on air superiority for various missions, from intelligence gathering to combat operations, drives demand for sophisticated airborne electronics.
  • Integration of advanced sensors, radar systems, and electronic warfare capabilities enhances situational awareness and combat effectiveness.
  • The increasing use of UAVs for surveillance, reconnaissance, and attack missions fuels the demand for miniaturized and reliable electronics.
  • Emerging technologies like hypersonic missiles and directed energy weapons create new frontiers for airborne electronic systems development.

Analysis of Top Countries, Producing, Certifying, and Adopting Defense Electronics

The section analyzes the defense electronic market across key countries, including the United States, United Kingdom, China, Japan, and South Korea. The analysis delves into the specific factors driving the demand, adoption, and sales of defense electronics in these countries.

Countries CAGR
United States 6.0%
United Kingdom 7.0%
China 6.4%
Japan 7.3%
South Korea 8.0%

Defense Electronic Industry in the United States

The defense electronic industry in the United States is anticipated to rise at a CAGR of 6.0% through 2034.

  • One of the highest defense budget fuels in the United States is investment in advanced electronics for modernization and technological edge.
  • Emphasis on C4ISR and interoperability drives demand for integrated communication and data analysis systems.
  • Growing reliance on drones and autonomous vehicles necessitates miniaturized and reliable electronics.
  • Heightened concerns over cyber threats lead to increased investment in secure communication and data protection solutions.
  • Growing importance of space-based operations fuels the demand for advanced satellite communication and surveillance systems.

Defense Electronic Industry in the United Kingdom

The defense electronic industry in the United Kingdom is projected to rise at a CAGR of 7.0% through 2034.

  • Focus on upgrading aging defense equipment creates opportunities for new electronic systems and technology integration.
  • Potential shifts in defense priorities and partnerships could drive demand for specific electronic capabilities.
  • Continued development and upgrades for this key fighter jet generate demand for advanced avionics and communication systems.
  • Partnerships with international allies on cyber defense initiatives create collaboration opportunities.
  • Growing use of UAVs for various missions boosts demand for related electronic solutions.

Defense Electronic Industry in China

China’s defense electronic industry is likely to witness expansion at a CAGR of 6.4% through 2034.

  • Significant investments in developing indigenous defense technologies fuel growth in the domestic electronics industry.
  • Emphasis on reducing reliance on foreign technologies creates opportunities for local players.
  • Investments in naval capabilities drive demand for advanced shipborne electronics and communication systems.
  • Development of space exploration and hypersonic weapons programs necessitate advanced electronic components.
  • Increasing awareness of cyber threats leads to investments in domestic cybersecurity solutions.

Defense Electronic Industry in Japan

Japan's defense electronic industry is projected to rise at a CAGR of 7.3% through 2034.

  • Growing concerns about regional security threats stimulate demand for advanced defense electronics.
  • Government initiatives promote the development and adoption of indigenous defense technologies.
  • Collaboration with international partners on cyber defense strengthens capabilities.
  • Growing presence in the international defense market creates export opportunities for Japan’s defense electronics.

Defense Electronic Industry in South Korea

The defense electronic industry in South Korea is anticipated to witness expansion at a CAGR of 8.0% through 2034.

  • Strong emphasis on developing a self-sufficient defense industry creates opportunities for local players.
  • Growing awareness of cyber threats leads to investments in robust cybersecurity solutions.
  • Development of indigenous UAVs and other unmanned systems fuels the demand for related electronics.
  • South Korea aims to become a major defense exporter, creating opportunities for its defense electronics industry.

Key Players and Market Concentration in the Defense Electronic Industry

Companies in the defense electronic industry are continuously investing in research and development to innovate and develop state-of-the-art electronic systems, including radar systems, communication equipment, and electronic warfare systems, to maintain a competitive edge.

Key players are implementing aggressive market expansion strategies to broaden their global footprint and penetrate emerging markets.

With the increasing digitization of defense systems, cybersecurity has become a critical concern for governments and defense organizations. Leading companies in the defense electronic industry are investing heavily in cybersecurity solutions to protect sensitive data, networks, and communication systems from cyber threats and attacks.

The defense electronic industry is focused on building resilient supply chains to mitigate risks associated with disruptions, geopolitical tensions, and supply chain vulnerabilities. Companies are diversifying their supplier base, investing in redundancy measures, and adopting digital technologies to enhance supply chain visibility and agility.

Leading companies are investing in AI-driven solutions for intelligence analysis, autonomous vehicles, and predictive maintenance, driving innovation and efficiency in the defense sector.

Recent Developments in the Defense Electronic Industry

  • BAE Systems has partnered with Elbit Systems of America, Curtiss-Wright Corporation, and QinetiQ Inc. for the United States Army’s Optionally Manned Fighting Vehicle (OMFV) design program. Together, they aim to produce an innovative, purpose-built, next-generation combat vehicle that meets the United States Army’s requirements for agility, lethality, and survivability.
  • Curtiss-Wright Corporation is collaborating with BAE Systems on the OMFV project, contributing to the MOSA design and providing vital electronics and control systems for combat vehicles.
  • Elbit Systems of America, a subsidiary of Elbit Systems Ltd., is a key partner in the OMFV project. They are providing their versatile 50mm Unmanned Turret (UT50), which recently demonstrated successful live fire capabilities at the Aberdeen Test Center.
  • General Dynamics Ordnance and Tactical Systems is a step closer to being awarded a sole-source contract for upgrading the Active Protection Systems (APS) of the United States Army’s Bradley Fighting Vehicles.

Leading Suppliers of Defense Electronics

  • Cobham Limited
  • Bae Systems
  • Curtiss-Wright Corporation
  • Elbit Systems Ltd
  • General Dynamics Corporation

Top Segments Studied in the Defense Electronic Market

By Vertical:

  • Navigation, Communication, and Display
  • C4ISR
  • Electronic Warefare
  • Radars
  • Optronics

By Platforms:

  • Airborne
  • Marine
  • Land
  • Space

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Background
  • 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
  • 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Vertical
    • 5.1. Navigation, Communication, and Display
    • 5.2. C4ISR
    • 5.3. Electronic Warfare
    • 5.4. Radars
    • 5.5. Optronics
  • 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Platforms
    • 6.1. Airborne
    • 6.2. Marine
    • 6.3. Land
    • 6.4. Space
  • 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
    • 7.1. North America
    • 7.2. Latin America
    • 7.3. Western Europe
    • 7.4. Eastern Europe
    • 7.5. South Asia and Pacific
    • 7.6. East Asia
    • 7.7. Middle East and Africa
  • 8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 15. Key Countries Market Analysis
  • 16. Market Structure Analysis
  • 17. Competition Analysis
    • 17.1. BAE Systems
    • 17.2. Cobham Limited
    • 17.3. Curtiss-Wright Corporation
    • 17.4. Data Patterns Ltd.
    • 17.5. Elbit Systems Ltd.
    • 17.6. General Dynamics Corporation
    • 17.7. Honeywell International Inc.
    • 17.8. Israel Aerospace Industries
    • 17.9. L&T Defense
    • 17.10. L3Harris Technologies
  • 18. Assumptions & Acronyms Used
  • 19. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034

Table 2: Global Market Volume (Units) Forecast by Region, 2019 to 2034

Table 3: Global Market Value (US$ Million) Forecast by Vertical, 2019 to 2034

Table 4: Global Market Volume (Units) Forecast by Vertical, 2019 to 2034

Table 5: Global Market Value (US$ Million) Forecast by Platforms, 2019 to 2034

Table 6: Global Market Volume (Units) Forecast by Platforms, 2019 to 2034

Table 7: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 8: North America Market Volume (Units) Forecast by Country, 2019 to 2034

Table 9: North America Market Value (US$ Million) Forecast by Vertical, 2019 to 2034

Table 10: North America Market Volume (Units) Forecast by Vertical, 2019 to 2034

Table 11: North America Market Value (US$ Million) Forecast by Platforms, 2019 to 2034

Table 12: North America Market Volume (Units) Forecast by Platforms, 2019 to 2034

Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 14: Latin America Market Volume (Units) Forecast by Country, 2019 to 2034

Table 15: Latin America Market Value (US$ Million) Forecast by Vertical, 2019 to 2034

Table 16: Latin America Market Volume (Units) Forecast by Vertical, 2019 to 2034

Table 17: Latin America Market Value (US$ Million) Forecast by Platforms, 2019 to 2034

Table 18: Latin America Market Volume (Units) Forecast by Platforms, 2019 to 2034

Table 19: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 20: Western Europe Market Volume (Units) Forecast by Country, 2019 to 2034

Table 21: Western Europe Market Value (US$ Million) Forecast by Vertical, 2019 to 2034

Table 22: Western Europe Market Volume (Units) Forecast by Vertical, 2019 to 2034

Table 23: Western Europe Market Value (US$ Million) Forecast by Platforms, 2019 to 2034

Table 24: Western Europe Market Volume (Units) Forecast by Platforms, 2019 to 2034

Table 25: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 26: Eastern Europe Market Volume (Units) Forecast by Country, 2019 to 2034

Table 27: Eastern Europe Market Value (US$ Million) Forecast by Vertical, 2019 to 2034

Table 28: Eastern Europe Market Volume (Units) Forecast by Vertical, 2019 to 2034

Table 29: Eastern Europe Market Value (US$ Million) Forecast by Platforms, 2019 to 2034

Table 30: Eastern Europe Market Volume (Units) Forecast by Platforms, 2019 to 2034

Table 31: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 32: South Asia and Pacific Market Volume (Units) Forecast by Country, 2019 to 2034

Table 33: South Asia and Pacific Market Value (US$ Million) Forecast by Vertical, 2019 to 2034

Table 34: South Asia and Pacific Market Volume (Units) Forecast by Vertical, 2019 to 2034

Table 35: South Asia and Pacific Market Value (US$ Million) Forecast by Platforms, 2019 to 2034

Table 36: South Asia and Pacific Market Volume (Units) Forecast by Platforms, 2019 to 2034

Table 37: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 38: East Asia Market Volume (Units) Forecast by Country, 2019 to 2034

Table 39: East Asia Market Value (US$ Million) Forecast by Vertical, 2019 to 2034

Table 40: East Asia Market Volume (Units) Forecast by Vertical, 2019 to 2034

Table 41: East Asia Market Value (US$ Million) Forecast by Platforms, 2019 to 2034

Table 42: East Asia Market Volume (Units) Forecast by Platforms, 2019 to 2034

Table 43: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 44: Middle East and Africa Market Volume (Units) Forecast by Country, 2019 to 2034

Table 45: Middle East and Africa Market Value (US$ Million) Forecast by Vertical, 2019 to 2034

Table 46: Middle East and Africa Market Volume (Units) Forecast by Vertical, 2019 to 2034

Table 47: Middle East and Africa Market Value (US$ Million) Forecast by Platforms, 2019 to 2034

Table 48: Middle East and Africa Market Volume (Units) Forecast by Platforms, 2019 to 2034

List of Figures

Figure 1: Global Market Value (US$ Million) by Vertical, 2024 to 2034

Figure 2: Global Market Value (US$ Million) by Platforms, 2024 to 2034

Figure 3: Global Market Value (US$ Million) by Region, 2024 to 2034

Figure 4: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034

Figure 5: Global Market Volume (Units) Analysis by Region, 2019 to 2034

Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034

Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034

Figure 8: Global Market Value (US$ Million) Analysis by Vertical, 2019 to 2034

Figure 9: Global Market Volume (Units) Analysis by Vertical, 2019 to 2034

Figure 10: Global Market Value Share (%) and BPS Analysis by Vertical, 2024 to 2034

Figure 11: Global Market Y-o-Y Growth (%) Projections by Vertical, 2024 to 2034

Figure 12: Global Market Value (US$ Million) Analysis by Platforms, 2019 to 2034

Figure 13: Global Market Volume (Units) Analysis by Platforms, 2019 to 2034

Figure 14: Global Market Value Share (%) and BPS Analysis by Platforms, 2024 to 2034

Figure 15: Global Market Y-o-Y Growth (%) Projections by Platforms, 2024 to 2034

Figure 16: Global Market Attractiveness by Vertical, 2024 to 2034

Figure 17: Global Market Attractiveness by Platforms, 2024 to 2034

Figure 18: Global Market Attractiveness by Region, 2024 to 2034

Figure 19: North America Market Value (US$ Million) by Vertical, 2024 to 2034

Figure 20: North America Market Value (US$ Million) by Platforms, 2024 to 2034

Figure 21: North America Market Value (US$ Million) by Country, 2024 to 2034

Figure 22: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 23: North America Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 26: North America Market Value (US$ Million) Analysis by Vertical, 2019 to 2034

Figure 27: North America Market Volume (Units) Analysis by Vertical, 2019 to 2034

Figure 28: North America Market Value Share (%) and BPS Analysis by Vertical, 2024 to 2034

Figure 29: North America Market Y-o-Y Growth (%) Projections by Vertical, 2024 to 2034

Figure 30: North America Market Value (US$ Million) Analysis by Platforms, 2019 to 2034

Figure 31: North America Market Volume (Units) Analysis by Platforms, 2019 to 2034

Figure 32: North America Market Value Share (%) and BPS Analysis by Platforms, 2024 to 2034

Figure 33: North America Market Y-o-Y Growth (%) Projections by Platforms, 2024 to 2034

Figure 34: North America Market Attractiveness by Vertical, 2024 to 2034

Figure 35: North America Market Attractiveness by Platforms, 2024 to 2034

Figure 36: North America Market Attractiveness by Country, 2024 to 2034

Figure 37: Latin America Market Value (US$ Million) by Vertical, 2024 to 2034

Figure 38: Latin America Market Value (US$ Million) by Platforms, 2024 to 2034

Figure 39: Latin America Market Value (US$ Million) by Country, 2024 to 2034

Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 41: Latin America Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 44: Latin America Market Value (US$ Million) Analysis by Vertical, 2019 to 2034

Figure 45: Latin America Market Volume (Units) Analysis by Vertical, 2019 to 2034

Figure 46: Latin America Market Value Share (%) and BPS Analysis by Vertical, 2024 to 2034

Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Vertical, 2024 to 2034

Figure 48: Latin America Market Value (US$ Million) Analysis by Platforms, 2019 to 2034

Figure 49: Latin America Market Volume (Units) Analysis by Platforms, 2019 to 2034

Figure 50: Latin America Market Value Share (%) and BPS Analysis by Platforms, 2024 to 2034

Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Platforms, 2024 to 2034

Figure 52: Latin America Market Attractiveness by Vertical, 2024 to 2034

Figure 53: Latin America Market Attractiveness by Platforms, 2024 to 2034

Figure 54: Latin America Market Attractiveness by Country, 2024 to 2034

Figure 55: Western Europe Market Value (US$ Million) by Vertical, 2024 to 2034

Figure 56: Western Europe Market Value (US$ Million) by Platforms, 2024 to 2034

Figure 57: Western Europe Market Value (US$ Million) by Country, 2024 to 2034

Figure 58: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 59: Western Europe Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 62: Western Europe Market Value (US$ Million) Analysis by Vertical, 2019 to 2034

Figure 63: Western Europe Market Volume (Units) Analysis by Vertical, 2019 to 2034

Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Vertical, 2024 to 2034

Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Vertical, 2024 to 2034

Figure 66: Western Europe Market Value (US$ Million) Analysis by Platforms, 2019 to 2034

Figure 67: Western Europe Market Volume (Units) Analysis by Platforms, 2019 to 2034

Figure 68: Western Europe Market Value Share (%) and BPS Analysis by Platforms, 2024 to 2034

Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by Platforms, 2024 to 2034

Figure 70: Western Europe Market Attractiveness by Vertical, 2024 to 2034

Figure 71: Western Europe Market Attractiveness by Platforms, 2024 to 2034

Figure 72: Western Europe Market Attractiveness by Country, 2024 to 2034

Figure 73: Eastern Europe Market Value (US$ Million) by Vertical, 2024 to 2034

Figure 74: Eastern Europe Market Value (US$ Million) by Platforms, 2024 to 2034

Figure 75: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034

Figure 76: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 77: Eastern Europe Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 80: Eastern Europe Market Value (US$ Million) Analysis by Vertical, 2019 to 2034

Figure 81: Eastern Europe Market Volume (Units) Analysis by Vertical, 2019 to 2034

Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Vertical, 2024 to 2034

Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Vertical, 2024 to 2034

Figure 84: Eastern Europe Market Value (US$ Million) Analysis by Platforms, 2019 to 2034

Figure 85: Eastern Europe Market Volume (Units) Analysis by Platforms, 2019 to 2034

Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Platforms, 2024 to 2034

Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Platforms, 2024 to 2034

Figure 88: Eastern Europe Market Attractiveness by Vertical, 2024 to 2034

Figure 89: Eastern Europe Market Attractiveness by Platforms, 2024 to 2034

Figure 90: Eastern Europe Market Attractiveness by Country, 2024 to 2034

Figure 91: South Asia and Pacific Market Value (US$ Million) by Vertical, 2024 to 2034

Figure 92: South Asia and Pacific Market Value (US$ Million) by Platforms, 2024 to 2034

Figure 93: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034

Figure 94: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 95: South Asia and Pacific Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 98: South Asia and Pacific Market Value (US$ Million) Analysis by Vertical, 2019 to 2034

Figure 99: South Asia and Pacific Market Volume (Units) Analysis by Vertical, 2019 to 2034

Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Vertical, 2024 to 2034

Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Vertical, 2024 to 2034

Figure 102: South Asia and Pacific Market Value (US$ Million) Analysis by Platforms, 2019 to 2034

Figure 103: South Asia and Pacific Market Volume (Units) Analysis by Platforms, 2019 to 2034

Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by Platforms, 2024 to 2034

Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Platforms, 2024 to 2034

Figure 106: South Asia and Pacific Market Attractiveness by Vertical, 2024 to 2034

Figure 107: South Asia and Pacific Market Attractiveness by Platforms, 2024 to 2034

Figure 108: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034

Figure 109: East Asia Market Value (US$ Million) by Vertical, 2024 to 2034

Figure 110: East Asia Market Value (US$ Million) by Platforms, 2024 to 2034

Figure 111: East Asia Market Value (US$ Million) by Country, 2024 to 2034

Figure 112: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 113: East Asia Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 116: East Asia Market Value (US$ Million) Analysis by Vertical, 2019 to 2034

Figure 117: East Asia Market Volume (Units) Analysis by Vertical, 2019 to 2034

Figure 118: East Asia Market Value Share (%) and BPS Analysis by Vertical, 2024 to 2034

Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Vertical, 2024 to 2034

Figure 120: East Asia Market Value (US$ Million) Analysis by Platforms, 2019 to 2034

Figure 121: East Asia Market Volume (Units) Analysis by Platforms, 2019 to 2034

Figure 122: East Asia Market Value Share (%) and BPS Analysis by Platforms, 2024 to 2034

Figure 123: East Asia Market Y-o-Y Growth (%) Projections by Platforms, 2024 to 2034

Figure 124: East Asia Market Attractiveness by Vertical, 2024 to 2034

Figure 125: East Asia Market Attractiveness by Platforms, 2024 to 2034

Figure 126: East Asia Market Attractiveness by Country, 2024 to 2034

Figure 127: Middle East and Africa Market Value (US$ Million) by Vertical, 2024 to 2034

Figure 128: Middle East and Africa Market Value (US$ Million) by Platforms, 2024 to 2034

Figure 129: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034

Figure 130: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 131: Middle East and Africa Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 134: Middle East and Africa Market Value (US$ Million) Analysis by Vertical, 2019 to 2034

Figure 135: Middle East and Africa Market Volume (Units) Analysis by Vertical, 2019 to 2034

Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Vertical, 2024 to 2034

Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Vertical, 2024 to 2034

Figure 138: Middle East and Africa Market Value (US$ Million) Analysis by Platforms, 2019 to 2034

Figure 139: Middle East and Africa Market Volume (Units) Analysis by Platforms, 2019 to 2034

Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by Platforms, 2024 to 2034

Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by Platforms, 2024 to 2034

Figure 142: Middle East and Africa Market Attractiveness by Vertical, 2024 to 2034

Figure 143: Middle East and Africa Market Attractiveness by Platforms, 2024 to 2034

Figure 144: Middle East and Africa Market Attractiveness by Country, 2024 to 2034

Frequently Asked Questions

What is the Market Potential for Defense Electronic?

The defense electronic market is projected to expand at a CAGR of 5.8% between 2024 and 2034.

Which Vertical Segment Dominates the Defense Electronic Market?

The navigation, communication, and display segment dominates the defense electronic industry.

Who are the Top Three Defense Electronic Manufacturers?

The top 3 defense electronic manufacturers are Cobham Limited, Bae Systems, and Curtiss-Wright Corporation.

What is the Defense Electronic Market Growth Outlook for 2034?

The defense electronic market is anticipated to surpass USD 311.5 billion by 2034.

Which Key Trend Drives the Demand for Defense Electronic?

The integration of advanced sensor technologies is a key trend driving the demand for defense electronics.

Why Does the Airborne Segment Hold a Dominant Share in the Defense Electronic Industry?

Due to the increasing deployment of aerial platforms for surveillance and combat operations.

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