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Defense Electronics Market size was valued at USD 200 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 5.3 % from 2024 to 2030, reaching nearly USD 287.10 Bn.<br><br>Get Sample:https://www.maximizemarketresearch.com/request-sample/210080/
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Defense Electronics Marketglobal Analysis Report 2024-2030 Published by: Rahul, Marketing Head
Market Size & Overview: The Defense Electronics Market was valued at USD 200 billion in 2023, with projections indicating it will reach nearly USD 287.10 billion by 2030, growing at a CAGR of 5.3%.
Market Growth & Opportunities The sector is expanding due to advancements in communication systems, AI integration, and increasing defense budgets. Opportunities arise from investments in cybersecurity, radar, and unmanned systems. Sample Request
Market Segmentation by Component • Hardware • Software by Vertical • Navigation • Communication • Display • C4ISR • Electronic Warfare • Radar
Regional Analysis: North America: Leads with high defense spending and R&D. Europe: Focuses on electronic warfare and UAV defense. APAC: Rapid growth driven by advanced technology investments.
Regional Analysis Customized Report Request
Merges and Acquisition • In 2023, a major merger occurred between Rheinmetall AG and Hensoldt AG, strengthening capabilities in defense electronics for surveillance and sensor technologies. • General Electric acquired Vertiv, expanding its portfolio in mission-critical defense electronics solutions for power and thermal management in military systems. • Bae Systems acquired United Technologies Aerospace Systems, enhancing its offerings in avionics and communication systems for defense applications. Buy This Report
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