Ground Defense System Market Size, Historical Growth, Analysis, Opportunities and Forecast To 2027

Market Size – USD 46.57 billion in 2019, Market Growth - CAGR of 4.8%, Market Trends – Higher usage of Artificial Intelligence in defense intelligence agencies

The detailed market intelligence report on the Ground Defense System market applies the best of both primary and secondary research to weighs upon the competitive landscape and the prominent market players expected to dominate the Ground Defense System market for the forecast period, 2020 - 2027. The study not only scans through the company profile of the major vendors but also analyses their winning strategies to give business owners, stakeholders and field marketing personnel a competitive edge over others operating in the same space. A detailed evaluation of the major events such as acquisition and mergers, collaborations, product launches, new entrants, and technology advancements offer a complete overview of what the future of the Ground Defense System market will be like in the years to come.

The Defense Intelligence is growing with the fastest CAGR of 6.3% throughout the projected period owing to its higher incorporation of intelligence protocols, including the nextgen communication, surveillance, reconnaissance, information fusion & data analytics, electronic welfare & spectrum dominance, and cyber control systems, among others.

The regions in the Asia Pacific lead by China, India, Japan, and South & North Korea are allotting a considerable budget for their defense grooming purposes. Besides, growing incidences of interpersonal stand-offs, asymmetric welfare, along with a higher economic development, enhancement in the technological industry deliberately help propel the ground defense market enforcement.

Key players in the market The Boeing Company, BAE Systems, Lockheed Martin, Rockwell Collins, Elbit Systems, Northrop Grumman, Thales Group, Leonardo S.p.A., Raytheon Company, and General Dynamics, among others.

Browse the full report description @ https://www.emergenresearch.com/industry-report/ground-defense-system-market

Application Outlook (Revenue: USD Billion; 2017-2027)

  1. Logistics & Transportation
  2. Surveillance & Reconnaissance
  3. Cyber Security
  4. Explosive Ordinance Disposal (EOD)
  5. Intelligence & Data Warfare
  6. Combat Simulation, Training & Health Monitoring
  7. Others

End-User Outlook (Revenue: USD Billion; 2017-2027)

  1. Military
  2. Defense Intelligence
  3. Law Enforcement

Component Outlook (Revenue: USD Billion; 2017-2027)

  1. Products
  2. Modern Weapons
  3. Armored Fighting Vehicle
  4. Command and Control System

Technology Outlook (Revenue: USD Billion; 2017-2027)

  1. Artificial Intelligence
  2. 3D Printing
  3. Internet of Things
  4. Wearable Devices
  5. Others

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Location: New York, NY, USA

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