Global Military Sensors Market to Reach $17.8 Billion by 2030
The global market for Military Sensors estimated at US$12.2 Billion in the year 2022, is projected to reach a revised size of US$17.8 Billion by 2030, growing at a CAGR of 4.8% over the analysis period 2022-2030. Land, one of the segments analyzed in the report, is projected to record 5.5% CAGR and reach US$6.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Airborne segment is readjusted to a revised 5.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $3.3 Billion, While China is Forecast to Grow at 9.7% CAGR
The Military Sensors market in the U.S. is estimated at US$3.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.3 Billion by the year 2030 trailing a CAGR of 9.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 3.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR.Select Competitors (Total 36 Featured) -
- BAE Systems plc
- Curtiss-Wright Corporation
- Esterline Technologies Corporation
- Honeywell International Inc.
- Imperx, Inc.
- Kongsberg Gruppen ASA
- Lockheed Martin Corporation
- Raytheon Company
- Rock West Solutions
- TE Connectivity Ltd.
- Thales Group
- Ultra Electronics, Nuclear Sensors & Process Instrumentation
- Viooa Imaging Technology Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BAE Systems plc
- Curtiss-Wright Corporation
- Esterline Technologies Corporation
- Honeywell International Inc.
- Imperx, Inc.
- Kongsberg Gruppen ASA
- Lockheed Martin Corporation
- Raytheon Company
- Rock West Solutions
- TE Connectivity Ltd.
- Thales Group
- Ultra Electronics, Nuclear Sensors & Process Instrumentation
- Viooa Imaging Technology Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 92 |
Published | May 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 12.2 Billion |
Forecasted Market Value ( USD | $ 17.8 Billion |
Compound Annual Growth Rate | 4.8% |
Regions Covered | Global |