The report on the military embedded systems market provides a detailed trend analysis from 2018 to 2025. It discusses industry and technology trends currently prevailing in the market, along with drivers, restraints, challenges, and opportunities that influence the growth of the market.
The global military embedded systems market size is projected to grow from USD 13.5 billion in 2020 to USD 18.4 billion by 2025, at a CAGR of 6.4% from 2020 to 2025. Various improvements in integrated circuits and processor technologies have led to a decline in the overall hardware costs associated with embedded systems. This has been supported by the reduction in chip size while offering optimal power and energy efficiencies. Military embedded systems have compact architecture and provide a high level of integration between control devices, sensors, and communication devices. These factors have led to a rise in demand for military embedded systems to replace traditional computational systems.
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Based on the component, the hardware segment of the military embedded systems market is projected to grow at the highest market share from 2020 to 2025. Â Growth in demand for electronic hardware can be directly linked to the rise in demand for driver-assistance systems and electromobility solutions for electric and hybrid combat vehicles, increasing requirement for portable wearables, and rise in the use of multicore processors. The market of military embedded systems is driven by the growing demand for high-performance processing and low battery power consumption and the increasing use of multicore processors in battlefield systems to collect larger amounts of tactical data.
Based on product type, the Advanced Telecom Computing Architecture (Advanced TCA/ATCA) segment of the military embedded systems market is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed due to the increased use of open standard architecture for global telecommunications infrastructure, critical military applications, and ruggedized military applications.
Based on the platform, the airborne segment of the military embedded systems market is projected to grow at the highest market share during the forecast period. The growth of this segment can be attributed due to the increasing demand for open system avionics in special mission aircraft, increasing surveillance operations due to geographical instability, development of advanced electronic systems, and mission-critical embedded systems.
Based on application, the intelligence, surveillance, & reconnaissance (ISR) segment of the military embedded systems market is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed due to the increasing procurement of advanced and high-tech surveillance & monitoring systems.
Based on technology, the edge computing segment of the military embedded systems market is projected to grow at the highest market share during the forecast period. The growth of this segment can be attributed due to the advancements to overcome the challenges in latency, network bandwidth, reliability, and security. The growth of this segment is also attributed to the increasing focus on technologies that process bulk data at a faster rate.
Based on architecture, the sensor open system architecture (SOSA) segment of the military embedded systems market is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed due to the systematic reuse of electronic components for mission effectiveness. It also to maximize the C4ISR subsystem and platform affordability, reconfigurability, and overall performance of the electronic systems.
Based on the region, the Asia Pacific region of the military embedded systems market is projected to grow at the highest market share during the forecast period. The growth of this region can be attributed due to the advancements to overcome the challenges in latency, network bandwidth, reliability, and security. The growth of this region is also attributed to the new developments in defense capabilities, advancements in wireless technologies (including commercialization of 5G), increased adoption of advanced lightweight armored vehicles, and increased demand for modular electronics, specifically soldier’s smart wearables, and smartphones. The availability of low-cost electronic products is also expected to increase the demand for microprocessors and microcontrollers in the region. In addition, countries such as India, China, and Japan are investing in network-centric solutions to strengthen the capacity of their defense communication systems.
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