#Decoy_Flares
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Decoy Flares Market size by value at USD 2.05 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects Global Decoy Flares Market size to expand at a CAGR of 9.32% reaching a value of USD 3.62 billion by 2030. The Decoy Flares Market across the regions is propelled by an intensifying military activities, coupled with rapid advancements in infrared-guided missile technology, have created an urgent need for robust countermeasures. Growing global tensions and security threats are driving increased military spending, fueling the market for advanced protection systems. Decoys have become an indispensable component of military defense, offering vital protection against heat-seeking missiles. Technological innovations such as multi-spectral flares and advanced infrared countermeasures have significantly enhanced their effectiveness, further driving demand. Government investments in modernizing aircraft fleets with these cutting-edge technologies are expected to provide a sustained boost to the growth of Global Decoy Flares Market.
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