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Military Embedded System Market by Component (Software, Hardware), Product Type (Compact-PCI, Advanced TCA), Platform (Space, Naval, Airborne, Land), By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and Rest of the world) – Global Industry Size, Growth, Value, Volume, Data and Competitive Analysis Forecast Report 2022 to 2027

Published: March, 2023
ID: 9633
Pages: 175
Formats: report pdf report excel report power bi report ppt

Military Embedded System Market Volume Report 2022 - 2027:

Military Embedded System Market was estimated at USD 13.9 billion in 2021and is determined to reach USD 18.6 billion by the end of the assessment period, with a CAGR of 6.4 % throughout the estimate period (2022 - 2027).

An Embedded system is a computer hardware system that can function independently or as part of a larger system. When used in defense and military applications, it is called an embedded military system. An Embedded system consists of several components, such as multifunction I/O cards, rugged systems, single-card computers, and general-purpose graphics processing units. An embedded system is a microcontroller-based system that is created to perform real-time analysis and other related tasks. Embedded military systems are used in a variety of applications like intelligence, surveillance and reconnaissance, communications equipment, command and control systems, computers, data storage devices, and acquisition equipment of data.

Recent Developments

  1. In February 2021, Kontron AG has upgraded its modular open systems with a latest VX305H-40G 3U OpenVPXsolo card computer unit. The high-end networking and processing structures of this unit will be helpful for defense device platforms.
  2. In December 2019, Intel Corporation partnered with MediaTek to develop 5G modem chips for personal computers, with the purposeof selling baseband processors. With this partnership, Intel will take advantage of market demand for 5G-based applications.
  3. In October 2019, SPIRIT Hawk Avionics Computing Platform which is capable of fully embedded deployable avionics systemhas been launched by Curtiss-Wright Corporation. This launch will strengthen the company's product portfolio, which provides modules to reduce development time, balance costs, and mitigate project risks.
  4. In April 2019, Lockheed Martin released a captive version of its Indago Small Unmanned Aerial System (UAS) to improve security to its soldiers. The small Indago UAS captive is planned to deliverincessant Intelligence, Surveillance and Reconnaissance (ISR) competences at anabridged cost.

Market Drivers and Restraints:

The extensive use of multi-core technologies and the emergence of a modern warfare system such as the network-centric warfare system, electronic warfare. The use of cloud computing and wireless technologies that stimulate the market also increased throughout the period. The military embedded systems market is expected to stimulate factors such as standard commercial hardware, single-board computers, programmable logic, bootloaders, cores, real-time operating systems, device drivers, and communication and bus protocols. On the other hand, demand in national developing markets like India, China and Russia, where economic growth is not recovering and the effects of oil prices and western approvals affect the bottom line, causing lower sales of embedded systems.

Military Embedded System Market Segmentation:

The market segmentation for Military Embedded System has been divided based on component, product type, and platform.

Depending on the component, the hardware segment is expected to lead the market and should continue to lead until 2026. The market has been partitioned into software and hardware components. The hardware part is anticipated to raise in the military embedded systems industry at the maximum CAGR throughout the period. Demand for electronic equipment may be directly related to increased demand for electromobility solutions and driver assistance systems for hybrid and electric combat vehicles, with increased demand for portable products and the increased use of multicore processors.

Depending on the type of product, the military embedded systems industry has been segmented into advanced MC, micro-TCA, single board computer, motherboard and computer in module, open VPX, VME bus, Compact PCI series (CPCI), Compact PCI card (CPCI), advanced telecommunication IT architecture, and others. The advanced telecommunications IT architecture segment is foreseen to develop with the substantial share over the calculated period. The growing need for radar, sonar, flight control and embedded systems applications will spur demand for advanced telecommunications computing architectures.

The market has been segmented into land, air, naval, and space by platform. The airborne part is expected to dominate the market with the utmost market stake throughout the envisioned period.

Impact of covid-19 on Military Embedded System Market

While COVID-19 cases are now on the rise in the United States, the severe effects and restrictions have been part of daily life in Europe for more than a month. The coronavirus was previously present on European soil in late January when it was confirmed that the first Chinese traveler contracted the disease. The coronavirus continues to wreak havoc on defense, aerospace, and air transport in Europe. Airlines have suspended all flights or reduced their flight schedules by 60 to 95%. With few exceptions, a major defense and aerospace manufacturers still maintain a certain level of production. Business travel is nearly stagnant, as many companies do not receive guests or physically visit customers, suppliers, and other interested parties, unless they are considered business-critical. White-collar workers work remotely when possible, and telecommunications have replaced physical meetings. The corporationsannouncethat they monitor the guidelines of the WHO and national administrations in every one of their marketplaces to make sure that they are taking the appropriate measures.

Regional Analysis:

The global market for Military Embedded System has been categorized by geography into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa. North America accounted for the principal portion in the global military embedded systems market in 2019 because of the presence of leading enterprises in the area. The increasing demand for Europe military systems made up of countries such as the United Kingdom, Germany, France and Russia should stimulate market growth in the area. The Asia-Pacific market is foreseen to record the most substantial share over the anticipated time. The increase in military spending in countries like China and India is increasing military modernization programs that are supposed to stimulateMilitary Embedded Systemmarket growth in the locale. Increased investments by certain key countries such as the United Arab Emirates, Israel and Iraq in military software should stimulate market growth in the region. Extreme threats to cybersecurity in countries such as Mexico, South Africa and Brazil are expected to increase demand for embedded military systems in the locale.

Leading Company

Curtiss-Wright Corporation had the largest share of the Military Embedded System Market in terms of sales and revenue in 2021.

Key Players

  1. SMART Embedded Computing
  2. Curtiss-Wright Corporation
  3. Thales Group
  4. KONTRON AG
  5. Advantech Co., Ltd
  6. General Micro Systems
  7. General Dynamics Corporation
  8. EUROTECH
  9. Xilinx
  10. Mercury Systems

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