Global Military Embedded Systems Market Size Study, by Component, by Product Type, by Application, by Platform, and Regional Forecasts 2022-2032

Description

Global Military Embedded Systems Market is valued approximately at USD 13.50 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 6.31% over the forecast period 2024-2032. Military embedded systems are specialized computer systems integrated into larger military platforms, enabling real-time analysis and control in applications like surveillance, reconnaissance, communication, and intelligence. The rising global military spending, propelled by increasing government investment in defense infrastructure, is significantly driving the growth of the military embedded systems market. Nations worldwide are prioritizing the modernization of military hardware, thus creating a robust market for embedded systems, which are integral to advanced defense operations.

The global defense sector is witnessing unprecedented technological advancements, particularly in embedded systems that now enable data transmission from multiple devices over a single network, enhancing the efficiency and capability of military platforms. For instance, Curtiss-Wright Corporation's launch of the XMC-528 embedded module, designed for security-focused military systems like C5ISR, exemplifies the innovation driving market expansion. Furthermore, the shift towards multi-core processors and wireless technologies is expected to sustain the market's upward trajectory. In 2021, global military spending reached an estimated $2113 billion, driven by key countries such as the United States, China, and Russia, which collectively accounted for 62% of the expenditure, underlining the increasing focus on defense capabilities. Moreover, the scope for software innovation in military computers and development of EW systems with enhanced capabilities present various lucrative opportunities over the forecast years. However, the system design certification requirements and complexities in embedded product development are challenging the market growth throughout the forecast period of 2024-2032.

The key regions considered for the Global Military Embedded Systems Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is a dominating region in the Global Military Embedded Systems Market in terms of revenue. The market growth in the region is being attributed to factors including significant advancements in next-generation communication technologies and the United States' leadership in military and aerospace innovation. Whereas, the market in Asia Pacific is anticipated to grow at the fastest rate over the forecast period fueled by rising defense budgets and increasing security threats, particularly in countries like India and China. The region's defense sector is rapidly expanding, with India registering a significant rise in terrorist activities, which is propelling the demand for advanced military technologies.

Major market players included in this report are:

Curtiss-Wright Corporation (US)
KONTRON AG (Germany)
Mercury Systems Inc. (US)
Xilinx Inc. (US)
EUROTECH (Italy)
General Dynamics Corporation (US)
General Micro Systems Inc. (US)
Advantech Co. Ltd. (Taiwan)
Thales Group (France)
SMART Embedded Computing (US)
Radisys Corporation
Intel Corporation
Abaco Systems
Microsemi Corporation
BAE Systems

The detailed segments and sub-segment of the market are explained below:

By Component

Hardware
Software

By Product Type

Advanced Telecom Computing Architecture (TCA)
Compact-PCI (CPCI) Boards
Compact-PCI (CPCI) Serial
VME BUS
OPEN VPX
Motherboard
Others

By Application

Intelligence Surveillance and Reconnaissance (ISR)
Command
Control
Communication & Navigation
Radar
Avionics
Vetronics
Cyber
Networking
Others

By Platform

Land
Airborne
Marine
Space

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Military Embedded Systems Market Executive Summary

1.1. Global Military Embedded Systems Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Component
- 1.3.2. By Product Type
- 1.3.3. By Application
- 1.3.4. By Platform
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Military Embedded Systems Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Military Embedded Systems Market Dynamics

3.1. Market Drivers
- 3.1.1. Growing Government Spending on Military
- 3.1.2. Technology Advancements in Embedded Systems
3.2. Market Challenges
- 3.2.1. System Design Certification Requirements
- 3.2.2. Complexities in Embedded Product Development
3.3. Market Opportunities
- 3.3.1. Scope for Software Innovation in Military Computers
- 3.3.2. Development of EW Systems with Enhanced Capabilities

Chapter 4. Global Military Embedded Systems Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Military Embedded Systems Market Size & Forecasts by Component 2022-2032

5.1. Segment Dashboard
5.2. Global Military Embedded Systems Market: Component Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Hardware
- 5.2.2. Software

Chapter 6. Global Military Embedded Systems Market Size & Forecasts by Product Type 2022-2032

6.1. Segment Dashboard
6.2. Global Military Embedded Systems Market: Product Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Advanced Telecom Computing Architecture (TCA)
- 6.2.2. Compact-PCI (CPCI) Boards
- 6.2.3. Compact-PCI (CPCI) Serial
- 6.2.4. VME BUS
- 6.2.5. OPEN VPX
- 6.2.6. Motherboard
- 6.2.7. Others

Chapter 7. Global Military Embedded Systems Market Size & Forecasts by Application 2022-2032

7.1. Segment Dashboard
7.2. Global Military Embedded Systems Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Intelligence Surveillance and Reconnaissance (ISR)
- 7.2.2. Command
- 7.2.3. Control
- 7.2.4. Communication & Navigation
- 7.2.5. Radar
- 7.2.6. Avionics
- 7.2.7. Vetronics
- 7.2.8. Cyber
- 7.2.9. Networking
- 7.2.10. Others

Chapter 8. Global Military Embedded Systems Market Size & Forecasts by Platform 2022-2032

8.1. Segment Dashboard
8.2. Global Military Embedded Systems Market: Platform Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 8.2.1. Land
- 8.2.2. Airborne
- 8.2.3. Marine
- 8.2.4. Space

Chapter 9. Global Military Embedded Systems Market Size & Forecasts by Region 2022-2032

9.1. North America Military Embedded Systems Market
- 9.1.1. U.S. Military Embedded Systems Market
  - 9.1.1.1. Component breakdown size & forecasts, 2022-2032
  - 9.1.1.2. Product Type breakdown size & forecasts, 2022-2032
  - 9.1.1.3. Application breakdown size & forecasts, 2022-2032
  - 9.1.1.4. Platform breakdown size & forecasts, 2022-2032
- 9.1.2. Canada Military Embedded Systems Market
9.2. Europe Military Embedded Systems Market
- 9.2.1. UK Military Embedded Systems Market
- 9.2.2. Germany Military Embedded Systems Market
- 9.2.3. France Military Embedded Systems Market
- 9.2.4. Spain Military Embedded Systems Market
- 9.2.5. Italy Military Embedded Systems Market
- 9.2.6. Rest of Europe Military Embedded Systems Market
9.3. Asia-Pacific Military Embedded Systems Market
- 9.3.1. China Military Embedded Systems Market
- 9.3.2. India Military Embedded Systems Market
- 9.3.3. Japan Military Embedded Systems Market
- 9.3.4. Australia Military Embedded Systems Market
- 9.3.5. South Korea Military Embedded Systems Market
- 9.3.6. Rest of Asia Pacific Military Embedded Systems Market
9.4. Latin America Military Embedded Systems Market
- 9.4.1. Brazil Military Embedded Systems Market
- 9.4.2. Mexico Military Embedded Systems Market
- 9.4.3. Rest of Latin America Military Embedded Systems Market
9.5. Middle East & Africa Military Embedded Systems Market
- 9.5.1. Saudi Arabia Military Embedded Systems Market
- 9.5.2. South Africa Military Embedded Systems Market
- 9.5.3. Rest of Middle East & Africa Military Embedded Systems Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. Curtiss-Wright Corporation (US)
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Market Strategies
- 10.3.2. KONTRON AG (Germany)
- 10.3.3. Mercury Systems Inc. (US)
- 10.3.4. Xilinx Inc. (US)
- 10.3.5. EUROTECH (Italy)
- 10.3.6. General Dynamics Corporation (US)
- 10.3.7. General Micro Systems Inc. (US)
- 10.3.8. Advantech Co. Ltd. (Taiwan)
- 10.3.9. Thales Group (France)
- 10.3.10. SMART Embedded Computing (US)
- 10.3.11. Radisys Corporation
- 10.3.12. Intel Corporation
- 10.3.13. Abaco Systems
- 10.3.14. Microsemi Corporation
- 10.3.15. BAE Systems

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes